Ad.IQ is celebrating its latest award win after being listed as one of the UK's top 20 fastest growing digital media companies by the Media Momentum Awards 2008, which took place in March at Sketch, London.

This is the second year running that Ad.IQ has been honoured by the prestigious invitation-only Media Momentum Awards, organised by investment bank GP Bullhound. The Awards publish an annual league table, ranking the top 50 companies based on revenue over the previous two years, with Ad.IQ occupying the 17th spot this year. In 2007, Ad.IQ was ranked in third position following a staggering 4278% growth rate.

Manish Madhvani, Co-founder and Partner of GP Bullhound, said: "Media Momentum recognises the hottest, fastest growing digital media businesses in the UK. We recognise the best of the best - wherever they are in the UK and whatever aspect of digital media they're involved in."

Representatives from Google, Olswang and 3i amongst others were present on this year's judging committee, who commented: "Competition was fierce this year, but ultimately everyone involved in the awards is recognised by the industry as someone to watch".

Tim Carrigan, CEO of Ad.IQ, commented: "Being in the top 20 two years running is a great achievement for Ad.IQ. It really demonstrates the strength of the team we have built and the success of our strategy to build direct relationships with major brand advertisers."

www.mediamomentum.co.uk