Deloitte 2007 Technology Fast 500 names Averna one of North America's fastest growing companies

    MONTREAL, Oct. 24 /CNW Telbec/ - Averna today announced that it has been
included in the Deloitte 2007 Technology Fast 500, a ranking of the 500
fastest growing technology, media, telecommunications, and life sciences
companies in North America.
    Averna is a Canadian-based test engineering company that provides
innovative product-testing solutions to some of the world's most successful
electronics manufacturers, including Nortel, Harris Stratex, and Olympus.
Rankings are based on percentage of fiscal year revenue growth over five
years, from 2002 to 2006, during which Averna saw a growth of 256%.
    "Sustaining high revenue growth over five years is an exceptional
accomplishment," said Phil Asmundson, vice chairman, U.S. Technology, Media
and Telecommunications, Deloitte & Touche USA LLP.  "We applaud Averna for
being among the fastest growing companies in North America."
    Averna's president and CEO, Pascal Pilon, attributes the win to the
company's unique understanding of the impact that test engineering should have
on new product success. "The new product introduction cycle is accelerating
every year, and electronics are getting more complex. We are one of the only
companies initiating test engineering early in the cycle so manufacturers can
launch products on time and remain competitive," Pilon said.
    Averna opened a branch on October 1 in Palo Alto, California, an economic
focal point of Silicon Valley, to cope with demand for its proprietary
Proligent(TM) enterprise test software. The Proligent platform synchronizes
test systems to other enterprise functions such as R&D, NPI, and
manufacturing, and feeds production information back to engineering to improve
product quality.
    Averna was one of only forty-two Canadian companies to make the Fast 500

    Fast 500 Selection and Qualifying Criteria

    The Fast 500 ranks the fastest growing technology, media,
telecommunications and life sciences companies in North America. It is
compiled from Deloitte's 16 regional North American Fast 50 programs,
nominations submitted directly to the Fast 500, and public company database
research. Companies are selected based on percentage revenue growth from 2002
to 2006.
    Entrants must own proprietary intellectual property or proprietary
technology that contributes to a significant portion of the company's
operating revenues or devote a significant proportion of revenues to research
and development of technology. Using other companies' technology or
intellectual property in a unique way does not qualify. Base-year operating
revenues must be at least $50,000 USD or $75,000 CD, and current-year
operating revenues must be at least $5 million USD or CD. Companies must be in
business a minimum of five years, and they must be headquartered within North

    About Averna

    Averna, The Test Engineering Company(TM), is uniquely structured to give
high-tech electronics OEMs and CMs full product lifecycle support, from design
to manufacturing. Averna provides solutions that accelerate time-to-quality by
boosting engineer and test system efficiency and the impact they have on new
product design and introduction into production. Averna also supplies
on-demand services for designing, building, deploying, and maintaining test
systems worldwide. Averna is one of the top four test engineering providers in
North America, a Select Alliance Partner of National Instruments, and an
Agilent Channel Partner. Averna is ISO 9001:2000 -certified and is a CSIA
Certified Member.

    About Deloitte

    Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms, and their respective subsidiaries and affiliates.
Deloitte Touche Tohmatsu is an organization of member firms around the world
devoted to excellence in providing professional services and advice, focused
on client service through a global strategy executed locally in nearly 140
countries. With access to the deep intellectual capital of approximately
150,000 people worldwide, Deloitte delivers services in four professional
areas-audit, tax, consulting, and financial advisory services-and serves more
than 80 percent of the world's largest companies, as well as large national
enterprises, public institutions, locally important clients, and successful,
fast-growing global companies. Services are not provided by the Deloitte
Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member
firms do not provide services in all four professional areas.
    As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any
of its member firms has any liability for each other's acts or omissions. Each
of the member firms is a separate and independent legal entity operating under
the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or
other related names.

For further information:

For further information: Sonia D'Elia, Marketing and Communications
Coordinator, Averna 1-877-842-7577 x455,; Source:

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890