MONTRÉAL, Nov. 13, 2014 /CNW Telbec/ - 5N Plus Inc. (TSX: VNP), the leading producer of specialty metal and chemical products, announced today that it was ranked among the Deloitte Technology Fast 50TM and Technology Fast 500TM awards for a fifth consecutive year.
The Deloitte Technology Fast 50TM program is a ranking of Canada's 50 fastest growing technology companies for technological innovation, entrepreneurship, rapid growth and leadership, based on the percentage of revenue growth over five years. 5N Plus' percent revenue growth of 581% from 2009 to 2013 resulted in a 23rd place ranking.
"Fast 50 companies are entrepreneurial, innovate and demonstrate leadership," said Pascal Lamoureux, Partner and Leader for Deloitte's Fast 50TM program. "Their commitment and achievements are critical to the growth of the Canadian technology sector."
5N Plus also announced that it ranked number 179 on Deloitte's Technology Fast 500TM, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America based on percentage growth over a five year period.
About 5N Plus Inc.
5N Plus is the leading producer of specialty metal and chemical products. Fully integrated with closed-loop recycling facilities, the Company is headquartered in Montreal, Québec, Canada and operates manufacturing facilities and sales offices in several locations in Europe, the Americas and Asia. 5N Plus deploys a range of proprietary and proven technologies to produce products which are used in a number of advanced pharmaceutical, electronic and industrial applications. Typical products include purified metals such as bismuth, gallium, germanium, indium, selenium and tellurium, inorganic chemicals based on such metals and compound semiconductor wafers. Many of these are critical precursors and key enablers in markets such as solar, light-emitting diodes and eco-friendly materials.
About the Deloitte Technology Fast 50TM
The Deloitte Technology Fast 50TM 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 50TM 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 50TM candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.
About Deloitte's 2014 Technology Fast 500TM
Technology Fast 500TM, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500TM award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013. In order to be eligible for Technology Fast 500TM recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
SOURCE: 5N Plus Inc.
For further information: Jean Mayer, Vice President, Legal Affairs and Corporate Secretary, 5N Plus Inc., 514-856-0644 x6178, [email protected]