Tech Track 100

In the wake of scandals at Enron and WorldCom, KVS says that interest in its e-mail searching and storage technology has increased. The main aim of its software is to ensure good corporate governance, but the company says it can also help customers to save money. Somerfield, the supermarket chain, discovered £120,000 worth of dormant invoices when it used KVS technology to search through deleted e-mails. Sales to clients such as Sony, BMW and Deutsche Telekom grew 123% a year from £2.7m in 2001 to £13.6m in 2003.

Last month KVS was acquired by Veritas, a Californian software company, for £125m.

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Company details
ActivityEmail storage manager
Average 3 year sales growth123.47%
Latest sales £000s*13,644

If applicable:

* supplied by company † annualised figure