Masternaut Three X gets third annual Tech Track 100 listing

For the third year in a row, Leeds-based vehicle tracking and mobile resource management company, Masternaut Three X, is celebrating its recognition as a major player in the UK technology market.

The Sunday Times Microsoft Tech Track 100 positions Masternaut Three X as forty first in the league table of the nation’s fastest growing technology companies, up by two places on 2008. The annual award, sponsored by Microsoft, Barclays Commercial and BDO Stoy Hayward, ranks Britain’s fastest growing privately-owned technology companies based on sales growth.

“This is a fabulous accomplishment made possible through the diligence and determination to succeed of the entire team at Masternaut Three X. Gaining recognition by the Sunday Times Tech Track 100 for the third consecutive year is a testimony to their commitment to making the company a leader in the UK IT sector,” said Martin Port, managing director, Masternaut Three X. “Their professional approach in everything they do reflects their dedication to providing the ultimate solutions backed by exceptional support; it is this that has undoubtedly helped the company grow under such tough economic conditions.”

Originally established as a best of breed vehicle and asset tracking company, Masternaut Three X has evolved into the field of mobile resource management. The company is a Microsoft Gold Partner, and Port is the Ernst & Young 2008 Northern Entrepreneur of the year for Technology and Communications.

“We began this company just seven years ago with only three employees. Since then we’ve never looked back, with our sales growing on average 66% a year over the last three years; today our turnover has reached 22.3 million. The company now has more than 2000 customers in the UK and has established offices in Belfast, Ireland and Australia. Our growth clearly illustrates our desire to succeed,” added Port.

Masternaut Three X specialises in innovative vehicle tracking and mobile workforce applications delivered over the web. Customers use these to boost efficiency, cut operational costs and reduce their carbon footprint.

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