Timico Wins Place in Tech Track 100 Top Ten

Newark, UK - October 2nd, 2007 - Timico Ltd., an independent provider of converged communication services to the business market, is delighted to announce that it has won a place in the top ten of the highly regarded Sunday Times Microsoft Tech Track 100 list, which was published on Sunday 30th September. Timico's tenth position in the national league table, which ranks Britain's one hundred fastest-growing private technology companies, is a reflection of exceptional team performance and points to the fact that convergent service solutions for converging technologies are in growing demand.

"We achieved some great results this year thanks to the Timico team, our Business Partners and partner networks and it's wonderful to round it off with the news that we made the Tech Track top ten," says Tim Radford, Chairman, Timico Group. "We are positioning ourselves to be a major player in the growing converged communications market and with 2008 looking to be the year when the uptake of hosted VoIP really starts to gain pace, the future is looking bright."

Chris Tombs, Chief Executive of Timico Group, adds: "We've had a busy and successful twelve months. A year ago there were fifty of us squeezed into a makeshift office. Today we are ninety in a purpose-built corporate headquarters in the centre of Newark that is capable of housing one hundred and forty. Twelve months ago we had nine thousand lines under management across the four services of fixed, data, mobile and VoIP and today this number is approaching thirty thousand."

Within the Tech Track listing, Timico achieved compound annualised growth of 250% per annum taking annualised sales in 2004 from £528k to £6.6m in 2006, and now in 2007 the growth continues, with sales currently annualised at £18m and rising.

About Timico

A market leader in the provision of hosted VoIP for Business services, Timico is an independent provider of fixed, mobile, internet and converged communication services to the business market and a "one stop shop" for all the communication needs of small and medium sized businesses. Founded in 2004 by a highly experienced management team, Timico brings an unrivalled understanding of its customers' needs, delivered through its independence, its high levels of customer service and a desire to help its customers to operate more effectively. The company's portfolio of services includes fixed line, mobile and internet voice and data services. For more information visit www.timico.co.uk

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For media information:

Mary Burtt
MB PR
020 8968 2087
mary@mbpublicrelations.co.uk

Suzie Warren
Marketing Manager
Timico
08700 949 600