News

Mosaic Software on UK's Tech Track 100 list

October 3, 2002

LONDON -- Mosaic Software on Sept 29 was featured in Britain's the Sunday Times, in its Tech Track 100 list of Britain's fastest-growing unquoted technology companies.

To be eligible for the listing, technology companies had to be registered in the UK as independent, unquoted companies or ultimate holding companies, and had to depend for their business growth and success on the development of one or more technologies.

Companies were selected from a database of one million private UK companies. The final 100 are ranked by growth in sales from 1999 to 2001.

Mosaic Software, the developer of the Postilion transaction processing platform, showed an 84.56 percent annual sales growth from 1998/99 to 2001, which earned it the 58th spot on the list.

Founded in 1994, Mosaic has offices in the U.S., the UK, South Africa and Australia.