Vancouver, BC, September 21, 2007--(T-Net)--Dyaptive Systems has been named to Deloitte’s Technology Fast 50 list, the annual program which recognizes excellence, innovation and the fastest growing technology companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2002 - 2006.
Dyaptive’s CEO Walter Stein credits the company’s on-going focus on product innovation and customer service as well as its rapidly growing sales in wireless infrastructure equipment manufacturer and wireless operator labs as key factors leading to the company’s 1,196 percent revenue growth from 2002 – 2006. He said, “Dyaptive has a world-class team that has worked extremely hard over the years to deliver this kind of growth. We are very proud to be included in Deloitte’s Fast 50 list and look forward to receiving a place on the Deloitte list in years to come.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of subject matter experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance. “Canadian technology companies have some of the highest revenue growth in North America, while playing in some of the world's largest, most competitive and exciting market sectors,” explains John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Outstanding companies such as Dyaptive Systems demonstrate the incredible business acumen and entrepreneurial spirit that fuel the Canadian technology industry.”
About the Deloitte Technology Fast 50:
This year marks the 10th anniversary of the Deloitte Technology Fast 50 program, which celebrates business growth, innovation and entrepreneurship. The program features four distinct categories including the Deloitte Technology Fast 50 Ranking, Companies to-
Watch Awards (honouring early-stage Canadian technology companies in business less than five years,) Leadership Awards, Deloitte Technology Fast 50-ranked companies that demonstrate leadership in each of the four industry subcategories (emerging technologies, hardware, software, and telecommunications) and the Deloitte Technology Green 15 Awards (honouring companies creating innovative and economically viable intellectual property in the burgeoning field of green technology.) Deloitte Technology Fast 50 winners are automatically eligible for the prestigious Deloitte Technology Fast 500 ranking. Program sponsors include Deloitte, Gowlings, GrowthWorks, CIBC World Markets, Stonewood Group, Behr & Associates, and CATAAlliance. For further information, visit www.fast50.ca or call 1-888-6FAST50
About Dyaptive Systems Inc.:
Dyaptive’s instruments and tools are used create complex real-world wireless communications environments in the labs of Wireless Network Equipment Manufacturers and Wireless Operators around the world to increase test efficiency and improve test automation which provides huge cost savings by finding defects before they reach the field.
For more information, please contact:
Brian Lowe, Vice President Sales & Marketing
Dyaptive Systems Inc..