News | October 19, 2011

Complete Innovations Ranked The 44th Fastest Growing Technology Company In Canada In The Deloitte Technology Fast 50™

Source: Complete Innovations Inc.

Complete Innovations is ranked among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. Complete Innovations increase in revenues of 360 percent from 2006 to 2010 which resulted in a 44th ranking.

For 14 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50™ augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.

"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery," said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Complete Innovationsis an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come."

Complete Innovation's CEO Tony Lourakis credits their go-to-market strategy and strong brand leader partnership alliances with the company's 360 percent revenue growth. Lourakis said, "Our team, partnerships, mission-critical service and dedication to product advancements is the driver behind our demonstrated continued growth and success. We are penetrating new markets and regions annually and expect to see an even higher growth percentage in the years ahead."

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 $5M, be headquartered in Canada, own proprietary technology, and conduct 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.

About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50™ program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50™ Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50™ candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15™Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, Wellington Financial, TMX Group, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For more information, visit www.fast50.ca.

About Complete Innovations
Complete Innovations (CI) is a leading global provider of mission critical fleet, asset and mobile workforce management solutions. For more than eleven years, Complete Innovations Inc. has been providing dispatching, fleet tracking and mobile resource management solutions to over 4,500 companies worldwide. The company markets its products under Courier Complete, Fleet Complete, and FuelFast brand names, and maintains partnerships with AT&T, Microsoft, Motorola, and TELUS. For more information, visit: completeinnovations.com.

SOURCE: Complete Innovations Inc.