Algoryx awarded "Sweden Fast 50 technology company"

– The companies ranked in Deloitte Sweden Technology Fast 50 are all of great importance for the Swedish economy, their technology will have a significant impact on how we all live our lives in the future. That is why we want to acknowledge their achievements, this year for the 10th year in a row, says Erik Olin, partner in charge of the Deloitte Fast 50 program.

About Deloitte Sweden Technology Fast 50 and Rising Stars

The only cross-industry ranking of technology companies in Sweden. The award was initiated in 2003, and is now in its tenth year. The ranking includes public and private companies, large and small, in all areas of technology, from Internet specialists to life sciences, green tech, computers to semiconductors and software to telecommunications. Growth is based on revenue growth over the last five years according to annual reports reported to Bolagsverket per 31 July. For Fast 50 the growth is measured during 2007-2011, and for Rising Stars during 2009-2011. Please find more detailed information (in Swedish) on

About Algoryx Simulation

Established in 2007 as a spin-off from research at Umeå university, Sweden, Algoryx has quickly become an important player for industries working with simulation technologies. In particular, it has gained acceptance in the heavy vehicle industry which continually needs new technologies to design better, more efficient, and safer products. Algoryx has also successfully entered the movie visual effects market, with simulations that enable even more realistic and spectacular effects. Algoryx’ education product, Algodoo, continues to gain acceptance in the global education market and is by many considered a game changer in education technology for STEM. In 2013 Algoryx will release products for the global PLM/CAD/CAE market bringing Algoryx simulation technologies to much wider user group of designers and engineers.
Algoryx has strategic customers and partnerships to establish a solid position in four key complementary markets: engineering, science education, training simulators and visual effects for the film industry.

Customers and partners include: Kongsberg Maritime, Volvo, LKAB, Atlas Copco, Oryx Simulations, Daewoo, Intel, AMD, SMART Technologies, Digital Domain, and many universities and research institutes.

For further information, contact:
Kenneth Bodin, CEO
Cell: +46-70-631 5520
Twitter: @kennethbodin