The inaugural Deloitte Wireless Fast 50 awards underscore the potential for both innovation and business performance in this evolving sector. I commend BTI Systems for its industry leadership in achieving such impressive growth while constantly navigating industry change.
Ottawa, Canada, Wednesday (PRWEB) October 24, 2007
BTI Systems has been ranked number four on the Deloitte Wireless Fast 50, a ranking of the 50 fastest growing wireless companies by Deloitte, one of Canada's leading professional services organizations. Rankings are based on the percentage fiscal year revenue growth over five years from 2002-2006.
BTI's CEO Lance Laking credits entrepreneurial spirit and a sharp focus on customer requirements for the company's 16,610 percent revenue growth from 2002-2006. "We remain focused on our core competency of providing packet optical edge networking solutions that allow our customers to meet the demands of delivering high-bandwidth applications such as mobile Internet," said Mr. Laking.
"The wireless industry is on the cusp of a significant transformation as new technologies, such as WiMAX and 4G, emerge," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "The inaugural Deloitte Wireless Fast 50 awards underscore the potential for both innovation and business performance in this evolving sector. I commend BTI Systems for its industry leadership in achieving such impressive growth while constantly navigating industry change."
About the Deloitte Wireless Fast 50
The Deloitte Wireless Fast 50 program is presented by Deloitte & Touche USA LLP in association with ONESPORT. To qualify, companies must have operating revenues of at least US$50,000 in 2002 and US$5,000,000 in 2006 and be headquartered anywhere in the world. They must also own proprietary wireless technology or proprietary wireless intellectual property contributing to a significant portion of its operating revenues or devote a significant amount of revenues to the research and development of wireless technology. Companies that use other companies' wireless technology or intellectual property in a unique way do not qualify. Companies from the Deloitte Wireless Fast 50 program automatically qualify for the Deloitte Technology Fast 500, a ranking of North America's 500 fastest growing technology, media, telecommunications and life sciences companies. For further information, visit http://www.fast500.com.
About BTI Systems:
With a focus on making broadband telecommunications networks more flexible, easier to operate and profitable, BTI Systems has developed its WDM Netstender™ platform, the industry's first optical edge system designed to utilize photonic layer architecture. Netstender consolidates key transport capabilities (DWDM/CWDM, Optical Multiplexing, Amplification, Dispersion Compensation and Wavelength Translation) within a single network element delivering industry leading CAPEX and OPEX savings, high density and future-proof networking capabilities for metropolitan and regional applications. BTI's Netstender addresses the issues of fiber relief, reach extension, 10G, 1G, and metro Ethernet service overlay enabling carriers to deliver new high-speed services while dramatically reducing their costs and increasing their overall market footprint. For more information, visit http://www.btisystems.com
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