Geotab Ranked Number 339 Fastest Growing Company in North America on Deloitte’s 2011 Technology Fast 500
OAKVILLE, ONTARIO - Geotab, Inc. announced that it ranked number 339 on Technology Fast 500, Deloitte’s ranking of 500, marking the company’s second consecutive year on the list. Deloitte ranks the fastest 500 growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on a percentage of fiscal year revenue growth during the period from 2006-2010. Geotab, Inc. grew 239 percent during this period.
Geotab, Inc.’s chief executive officer, Neil Cawse, credits Geotab’s revenue growth to a strong dedication to innovation and quality in the telematics technology industry with the company’s 239 percent revenue growth. He said, “Despite the backdrop of one of the most challenging economies in history, Geotab has excelled in fostering innovation and continuous product enhancements that satisfy and exceed customer expectations by offering solutions that enhance productivity and reduce fleet operating costs.”
“Geotab, Inc. and all the Technology Fast 500 winners in 2011 have shown a remarkable drive for creativity and innovation, and of course growth, particularly when you look at their accomplishments in the context of current economic challenges,” said Richard Lee, National Leader, Technology Media & Telecommunications Industry Group, Deloitte Canada. “Deloitte congratulates Geotab, Inc. for this significant achievement.”
“We are pleased to honor Geotab, Inc. as one of the 2011 Technology Fast 500,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest growing tech companies in North America, Geotab, Inc. has demonstrated technological innovation, entrepreneurship and rapid growth.”
For additional detail on the Technology Fast 500 including selection and qualifying criteria, visit http://www.fast500.com