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Press Release
Dated: October 22, 2007

PulseLearning: Fastest Growing Technology Company in Ireland

Fast 50

PulseLearning, which was founded in 1999 with an investment of €10 and was initially run from a child’s bedroom in a County Kerry semi-d, has been named fastest growing IT company in Ireland at the ‘2007 Deloitte Technology Fast 50 Awards’.

The Fast 50 Awards, now in their eight year, rank the 50 fastest growing technology companies in the Republic of Ireland and Northern Ireland based on percentage revenue growth over a five-year period. Since PulseLearning was founded, its revenues have achieved a turnover growth of 6000%. The company is expecting to double that growth this year, for the sixth year in a row.

This is the second major award win for PulseLearning in the past two weeks. On Monday last (15 October) it announced that it had won the Gold Award at the CLO Learning Leaders Awards in Arizona. On that occasion, it beat off stiff competition from fourteen countries in seven countries around the world.

PulseLearning, which is now valued at €30 million, lists NASA and billion dollar-plus- turnover giants Dell, Pfizer, Philips, Schering-Plough, Bank of America and CA (formerly Computer Associates) among its clients.

It was founded by former manufacturing management specialist, Jim Breen who, for the first 12 months, ran the company on a second-hand PC set up in his young son’s bedroom. Jim Breen has been nominated for the ‘Ernst & Young 2007 Entrepreneur of the Year Award’ (winner due to be announced on 25 October next).

PulseLearning, which now has offices in New York, Boston, Arizona, New Brunswick (Canada), Tralee and Limerick, is the second Irish eLearning company in recent years to have secured a high-profile presence in the global eLearning market. In that respect, its successes to date are frequently compared with those of the Dublin-based eLearning operation Riverdeep which made Irish corporate history last year when it bought US publisher Houghton Mifflin for almost US$5 billion.

PulseLearning specialises in producing learning solutions for companies that are operating in highly regulated environments worldwide – sectors such as financial services, pharmaceuticals manufacturing, medicine/healthcare and technology. The company’s clients are almost exclusively operations which are obliged to demonstrate their competency to meet statutory compliance regulations in order to satisfy audit requirements, or meet particular industry performance standards.

Details of the final Technology Fast 50 ranking list are available to download at www.fast50.ie.

For more information on PulseLearning, please go to www.pulselearning.com
or call us on 011 353 66 714 4600.

Issued by:
PulseLearning
Kerry Technology Park
Tralee
Co. Kerry

Telephone: 011 353 66 714 4600
Facsimile: 001 353 66 719 0209
E-mail:
info@pulselearning.com

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