Espresso Education reaches number 69 in Tech Track 100 League Table
10 October 2007
Espresso Group Ltd., a group of companies specialising in developing and delivering content, learning platforms and web portal applications to the education market, announced today that it has been ranked 69 in the seventh annual Sunday Times Tech Track 100 league table - a leap of 11 places from last year’s listing.
Tech Track 100 ranks Britain's fastest-growing private tech companies based on sales growth over the past two years, a period during which the Espresso Group’s turnover almost tripled. Between the years to July 2004 and July 2006, Espresso’s sales rose 65% a year from £2.8m in 2004 to £7.5m in 2006. By July 2006, Espresso Education was successfully delivering its weekly updating content service to 7,000 schools. This increased turnover was also due in part to contributions generated by Netmedia, a market leading learning platform and portal applications business that was acquired by the Group in 2006.
Today the Espresso Group consists of three subsidiary businesses: Espresso Education (including Channel 4 Learning, acquired in March 2007), Netmedia Education, and Education Media Delivery. The continuing development and expansion of Espresso has ensured that potential and existing customers have access to a unique, innovative ‘end-to-end’ educational solution, from video-rich content for primary and secondary schools to learning platforms and content delivery technologies.
Espresso Group’s Managing Director, Richard McGrath, said,
“As an organisation, we are delighted that the Espresso Group has once again achieved recognition within the Tech Track listings. The insight, talent, can-do attitude and professionalism of the entire team across the Group has delivered exceptional customer satisfaction and growth. With almost 10,000 schools now subscribing to Espresso’s primary service, we look forward to further growth and exciting times ahead as we enter new markets at home and abroad.”The Espresso Group
The Espresso Group is a market leading group of companies based in the UK dedicated to developing and delivering content, learning platforms and web portal applications to the education markets.
The group consists of three subsidiary businesses: Espresso Education, the UK market leader in the provision of video-based digital curriculum services to primary and secondary schools (featuring Espresso Primary, Clipbank and Channel 4 Learning), which includes an international division that licenses and distributes content into more than 40 countries worldwide; Netmedia Education, one of the UK’s largest providers of learning platform, web portal and integration services to RBCs, local authorities and schools; and Education Media Delivery, the leading online content delivery service for educational software to RBCs, local authorities and schools in the UK.
For further press information or paper versions of this release please contact:
Espresso Marketing, Riverside Studios, Crisp Road, Hammersmith, W6 9RL
Tel: +44(0)20 8237 1200
Fax: +44(0)20 8237 1201
Email: info@espresso.co.uk
