|
Masstech Group Ranked in the Top 50 Fastest
Growing Technology Companies in Canada in the Deloitte Technology
Fast 50
September 29, 2008
Source: Masstech Group
Masstech Group has been ranked among the Deloitte Technology
Fast 50, a ranking of the 50 fastest growing technology companies
in Canada. This is based on the percentage of revenue growth
over the last five years, Masstech Group has increased by
298 percent from 2003 to 2007.

"Transforming technological innovation
into business success is hard, and it's especially difficult
to sustain such rapid revenue growth over five years. Masstech
Group has rapidly built a highly successful company in the
Canadian technology industry and we applaud its dedication
and
ability to transform vision into reality," said John
Ruffolo, national leader, technology, media & telecommunications
industry group, Deloitte.
"We consider it a great honor to be
named on the Deloitte Technology Fast 50 list as a company
demonstrating rapid growth in the Canadian business market,"
commented Sudy Shen, president and chief executive officer.
"Our continued growth demonstrates the demand for our
technology in the marketplace. I also credit the talented
team at Masstech Group for our overwhelming success."
Prerequisites for a company to qualify for
the Deloitte Technology Fast 50 ranking includes: 1) In business
for at least five years, 2) Revenues of at least $5 million,
3) Canadian headquarters, 4) Owns proprietary technology,
and 5) Conducts research and development activities in Canada.
A panel of industry experts evaluate and judge companies based
on four key criteria: competitive advantage; size, growth,
and market attractiveness; management effectiveness and organization;
and financial performance.
Submit a Company
Submit News
Submit a Job
Submit an Event
|