Intelex Among Handful of Canadian Companies Recognized in Deloitte Technology Fast 500™ ranking

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Intelex Technologies Inc. has been recognized as one of North America’s fastest growing technology companies -- and one of a handful of Canadian companies -- for the second consecutive year in a prestigious annual ranking.

Intelex Technologies Inc. has been recognized as one of North America’s fastest growing technology companies for the second consecutive year in a prestigious annual ranking.

Intelex, an environment, health, safety and quality (EHSQ) software company, placed 295th in Deloitte’s 2010 Technology Fast 500™, up from 382nd in the 2009 ranking, reflecting Intelex’s continuing pace of rapid growth.

Notably, Intelex placed among the nine per cent of companies recognized in the ranking (approximately 45 businesses) that operate out of Canada, further enhancing the distinction of the recognition for this Toronto-based company.

Intelex President and CEO Mark Jaine attributes Intelex’s sustained growth to its commitment to technological innovation, customer satisfaction and industry expertise.

“We’re thrilled to be named one of North America’s fastest growing technology companies for the second year straight and to be one of a handful of Canadian companies recognized by Deloitte,” Jaine said. “This distinction further motivates us to continue to strive to become Canada’s highest grossing and best-performing software company in future rankings.”

Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. Intelex grew 311 per cent percent during this period.

“With its remarkable growth from 2005 to 2009, Intelex has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America and deserves our congratulations,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte Canada. “Deloitte is proud to honour Intelex for this accomplishment.”

For additional details on the Technology Fast 500™ including qualifying criteria, visit http://www.fast500.com.

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