Tech Track 100

According to Codian, the prime minister and South Africa’s ANC use its infrastructure products for voice, video and data conferencing. The company was set up in Slough in 2002 by chairman Mark Richer, chief executive David Holloway and general manager William MacDonald. Richer previously founded Madge Networks and Calista, an internet telephony company that was bought by Cisco Systems for a reported $50m. Strong sales in America and mainland Europe have contributed to an increase in sales of 489% a year from £207,000 in 2004 to £7.2m in 2006, when the company made a loss. Codian recently announced that it is to be acquired by Tandberg for a reported £135m.

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Company details
ActivityVideo conferencing
Average 3 year sales growth489.49%
Latest sales £000s7,176

If applicable:

* supplied by company † annualised figure