MONTREAL, Sept. 20 /CNW Telbec/ - Nstein Technologies Inc. (TSX-V: EIN),
a leader in content management solutions for the publishing, media and
entertainment industries, today announced that it has been named for a second
year in a row to the prestigious Deloitte Technology Fast 50, a ranking of
Canada's 50 fastest-growing technology companies, based on the percentage of
revenue growth over five years.
From 2002 to 2006, Nstein Technologies' revenues increased by 693%,
ranking it 30th in the 2007 Deloitte Technology Fast 50 in Canada and 4th in
Quebec. "Transforming technological innovation into business success is hard,
and it's especially difficult to sustain such rapid revenue growth over five
years. Nstein has rapidly built a highly successful company in the Canadian
technology industry, and we applaud its dedication and ability to transform
vision into reality," said John Ruffolo, National Leader, Technology, Media &
Telecommunications Industry Group, Deloitte.
Nstein's President and Chief Executive Officer, Luc Filiatreault, said,
"Nstein's growth for the past few years has been remarkable and the Company's
focus in the e-publishing industry has truly accelerated this growth. The
contracts signed with 12 major media organizations since January 2007 are a
strong testimonial to that effect. We're delighted to be recognized for the
second year in a row by the Deloitte Technology Fast. This award is a
reflection of the dynamism we are witnessing in the market, in which Nstein is
definitively carving a niche."
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 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
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 of 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 and CATAAlliance. For further information, visit
www.fast50.ca or call 1-888-6FAST50.
About Nstein Technologies Inc.
Nstein Technologies (TSX-V: EIN) develops and markets leading-edge
content management software for the media, publishing and entertainment
industries. Its Ntelligent Content Management Suite enables the
centralization, enrichment and publication of textual and rich media assets
using advanced text mining. Nstein helps publishers significantly increase
their content monetization and reduce their operational costs through cross
media publishing and multichannel delivery. Nstein is headquartered in
Montreal, Canada, with offices in the USA and Europe. More information is
available at www.nstein.com.
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For further information:
For further information: Investor Relations: Bruno Martel, Chief
Financial Officer, Nstein Technologies Inc., (514) 908-5406,
firstname.lastname@example.org; Media: Rina Marchand, Marketing Manager, Nstein
Technologies Inc., (514) 908-5406, email@example.com