Award winning IT support provider listed in Sunday Times Tech Track for second year running

Wavex Technology. London, UK, - October 1, 2008 - Wavex Technology has been listed number 53 in The Sunday Times Tech Track 100 2008. This is the second year in succession that the company, a leading supplier of IT support services for small and medium-sized businesses, has appeared in this prestigious listing, confirming its place among the elite of the UK technology industry.

Key to Wavex's growth is the fact that the company has constantly innovated in what is a highly competitive and fast moving marketplace. Wavex engineers, for example, are paid bonuses based on client feedback, and the Wavex extranet allows clients unprecedented access to real-time reports that relates to their account and the way it is managed and serviced.

Peter Sweetbaum, Joint CEO and Commercial Director of Wavex, said, "When Wavex was founded back in 1998, ambitious growth targets were set for the business. We have consistently met and exceeded those targets over the years, and the last three years have been no exception. Given the strength of our brand, our reputation for quality and delivery, and our unique service offer, we are confident that we can continue to deliver excellent business performance despite the current economic downturn."

Wavex has grown through a mixture of organic growth, acquisition and strategic partnerships. Earlier this month, for example, Wavex formalised a strategic partnership with QlikTech, the world's leading provider of business intelligence solutions. This move will enable the company to further enhance its service offer in the burgeoning market of real-time analysis and reporting tools for small and medium-sized businesses.

Gavin Russell, Joint CEO and Founder of Wavex, said, "I believe a company and its brand is an extension of the personality, morality, and ethics of its management. The Wavex team is united in their belief that a successful business can be run though honesty and transparency which extends beyond staff values, but to customer communications and uniquely, our sales process. Wavex has some of the most innovative solutions to help businesses but one of the aspects I am most proud is its honest approach to supporting customers, to apologise when mistakes are made, and emphatically see problems from a customer's perspective. It is this philosophy, summed up in our tag line 'let's talk results' that sets us apart from other IT support companies."

About Wavex:

Founded in 1998, Wavex offer a range of technical services from fully-managed IT outsourcing and complimentary IT services for those with an in-house IT resource, to disaster recovery, business intelligence, online backup solutions and impartial advice helping customers determine the right IT solutions for their business.

The company supports small and medium-sized businesses throughout the UK and internationally but with a specific focus on London businesses.

Wavex helps clients improve organisational and individual performance by leveraging well-managed IT infrastructure backed up by expert IT support and advice. The professionalism of Wavex staff, combined with the unique functionality of the Wavex platform, ensures that we deliver a fast, exceptionally reliable and highly accountable service to our clients.

www.wavex.co.uk