WOODBRIDGE, ON, Sept. 21 /CNW/ - RuggedCom Inc. ("RuggedCom") (TSX:RCM),
a leading provider of rugged communications networking solutions designed for
mission-critical applications in harsh environments, has been named for the
second year in a row to Deloitte's prestigious Technology Fast 50, the annual
program which recognizes excellence, innovation and the fastest growing
technology companies in Canada. RuggedCom's increase in revenue of 1,601% from
2002 to 2006 resulted in a fourteenth ranking overall.
"Deloitte created the Deloitte Technology Fast 50 program a decade ago to
celebrate the world-class achievements of Canadian technology companies," said
John Ruffolo, National Leader, Technology, Media & Telecommunications Industry
Group, Deloitte. "Companies like RuggedCom are a perfect example of the
combination of revenue growth, technological innovation and entrepreneurial
spirit that continues to be a winning formula in the technology sector."
RuggedCom's President and CEO Marzio Pozzuoli explains, "RuggedCom
continues to execute well in our drive to becoming the premier supplier of
rugged communications networking solutions for industries with demanding
performance and environmental criteria. Our strong growth rate is an indicator
of the great market acceptance for our solutions."
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.
About RuggedCom Inc.
RuggedCom is a leading provider of rugged communications networking
solutions designed for mission-critical applications in harsh environments.
RuggedCom's technology solutions include Ethernet switches, network routers,
wireless devices, serial servers, media converters, software and professional
services. RuggedCom's products are designed for use in harsh environments such
as those found in electrical power substations and "Smart Grids", intelligent
transportation systems, industrial process control and military applications.
For further information, please visit www.RuggedCom.com.
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,
For further information, visit www.fast50.ca or call 1-888-6FAST50.
For further information:
For further information: For media or industry analyst support, please
contact: Pino Porciello, Director of Marketing, RuggedCom Inc., Tel: (905)
856-5288, Email: Info@RuggedCom.com