Parrot Ranked on Deloitte Technology Fast 500 EMEA; Bluetooth Car Products Leader Achieves 532 Percent Revenue Growth Within Past Five Years!

NEW YORK--Feb. 2, 20058, 2005--Parrot, the worldwide leader in development of Bluetooth car products, today announced that it ranked number 196 on the 2004 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa (EMEA). Rankings are based on percentage revenue growth over five years, from 1999-2003. Parrot grew 532 percent during this period.

Parrot's Executive Vice President, Christophe Dissaux, credits the market's consumer familiarity of Bluetooth's wireless benefits with the company's 532 percent revenue growth over the past five years. "Parrot brings strong products to the market. Our car kits offer wireless, feature-rich compatibility for all Bluetooth phones, and with new Bluetooth phones being introduced on the American market, Parrot is now focusing on sales in the U.S.," he added.

"Attracting enough customers to maintain triple digit growth over five years makes a strong statement about the quality of a company's product and its leadership," said Karel Bakkes, partner in charge of Deloitte's Technology Fast 500 EMEA program. "We congratulate Parrot on becoming one of the 500 fastest growing technology companies in EMEA."

In addition to ranking on the Deloitte Technology Fast 500 EMEA, Parrot ranked 35 on the Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in France. This is Parrot's first ranking on both lists.

The Technology Fast 500 list is compiled from Deloitte's EMEA Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research.

Parrot, Inc. is based in New York and can be reached at 212-337-0056 or at www.parrot.biz.

About Parrot

Parrot is a privately-held company founded in 1994 by Henri Seydoux. The company, with U.S. headquarters in New York, provides proven and reliable technology for automotive telecommunications. From the outset, Parrot focused on embedded noise-robust voice recognition and signal processing technologies for mobile computing and automotive markets, adding Bluetooth to its core competence in 2002. The company is the world leader in Bluetooth car kits, with products sold in 35 countries. For more information, visit www.parrot.biz.