Ruckus Wireless Named Rising Star in Deloitte’s Technology Fast 50 Program for Silicon Valley

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SUNNYVALE, CA, October 31, 2008– Ruckus Wireless™ today announced that it has been named a Rising Star in Deloitte’s Technology Fast 50 program for Silicon Valley.

The Rising Star award is a special designation for fast-growth companies that have been in business a minimum of three years, and is part of the Silicon Valley Technology Fast 50 program. Rising Star rankings are based on percentage revenue growth over three years (2005–2007).

This year’s Silicon Valley Technology Fast 50 program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services – A Wells Fargo Company.

“The Deloitte Silicon Valley Technology Fast 50 Rising Star companies have shown the strength, vision and tenacity to succeed despite a very challenging technology environment,” said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP. “We applaud the successes of Ruckus Wireless and acknowledge its place as one of the few to accomplish such a fast growth rate over the past three years.

"We are honored to be recognized by Deloitte for our strong performance," said Selina Lo, president and CEO of Ruckus Wireless.

To qualify for the Technology Fast 50 Rising Star program, companies must be incorporated a minimum of three years and have revenues in only three or four years, have operating revenues of at least $50,000 in 2005 and $5,000,000 in 2007, be headquartered within the San Francisco Bay Area (subsidiaries or divisions are not eligible, unless they have some public ownership and are separately traded), and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Rising Star companies are automatically entered in Deloitte’s Technology Fast 500 Rising Star category. Its Rising Star ranking is based on percentage revenue growth over three years (2005–2007). For more information on Deloitte’s Technology Fast 500 or Technology Fast 50 programs, visitwww.fast500.com.

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