AirIQ Ranked Number 30 in Deloitte's Wireless Fast 50
– AirIQ Inc., which specializes in telematics and security, has been ranked number 30 on Deloitte’s Wireless Fast 50, a ranking of the 50 fastest-growing wireless companies by Deloitte & Touche USA LLP. Rankings are based on the percentage fiscal year revenue growth over five years from 2002–2006. AirIQ’s revenue growth was 586 percent.
“AirIQ has consistently ranked in the Fast 50 Canadian Technology Companies and Fast 500 North American Technology Companies since it was eligible for consideration in 2003,” said Steve Willey, President and CEO.
To qualify for the Wireless Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006. They must own proprietary wireless technology or proprietary wireless intellectual property that contributes to a significant portion of their operating revenues or devote a significant proportion of revenues to the research and development of wireless technology. Using other companies’ wireless technology or intellectual property in a unique way does not qualify.
Companies from the Wireless Fast 50 program are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications, and life sciences companies. For more information on Deloitte’s Wireless Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com.