TORONTO, Sept. 25 /CNW/ - For the second year in a row, MyThum 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. MyThum's increase in revenues of almost 7,000 percent from 2003 to
2007 resulted in a 4th place ranking.
For over a decade, 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.
"Transforming technological innovation into business success is hard, and
it's especially difficult to sustain such rapid revenue growth over five
years. MyThum has rapidly built a highly successful company in the Canadian
technology industry and we applaud their dedication and ability to transform
their vision into reality," said John Ruffolo, National Leader, Technology,
Media & Telecommunications Industry Group, Deloitte.
MyThum's CEO Michael Carter credits an incredible team and a passionate
focus on excellence in execution with achieving the company's near 7,000
percent revenue growth. Carter said, "It is quite an honour to be a part of
the Deloitte Technology 50 for a second year in a row. It is a testament to
the continued focus and dedication of our team and their ability to evolve
efficiently and effectively with our rapidly changing market."
"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 Ruffolo. "Outstanding companies such as
MyThum rate the incredible business acumen and entrepreneurial spirit that
fuel the Canadian technology industry."
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 industry
experts evaluates and judges 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, GrowthWorks, RBC Capital Markets, Wellington
Financial, Stonewood Group, CATAAlliance and IGLOO.
For further information, visit www.fast50.ca.
About MyThum Interactive Inc. - MyThum Interactive is one of North
America's leading mobile media companies helping brands and broadcasters to
build a direct relationship with consumers through their mobile device. MyThum
enables the mobile channel using a comprehensive toolkit that includes SMS,
MMS, interactive television, mobile web, rich content, and interactive voice
response. MyThum has been selected by many of Canada's leading brand,
entertainment and media companies to power their mobile strategy including
CTV, Molson Coors, Universal Music, The Score, Live Nation, Rogers, Sympatico
MSN, CanWest and Warner Music to name a few. MyThum is a privately held
company based in Toronto.
For further information:
For further information: Learn more at www.mythum.com, or call Bart
Nickerson at (416) 848-4115 x.234