iBwave Wins Fifth Consecutive Deloitte’s Technology Fast 50™ and Fast 500™ Awards

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Leader in in-building wireless network software recognized for innovation, entrepreneurship and rapid growth

iBwave, the global standard for in-building wireless software and training, today announces that it has been named as one of Canada’s and North America’s fastest growing technology companies in the 2014 Deloitte Technology Fast 50™ and Fast 500™ awards. This marks the fifth consecutive wins for the company which ranks 41st and 359th respectively, with a 228% in revenue growth over the past five years (from 2009 to 2013).

iBwave’s CEO, Mario Bouchard, credits the company’s success to its commitment to deliver disruptive innovation and bring value, performance and efficiency to its established customer base worldwide.

“Making the Deloitte Technology Fast 50™ and Fast 500™ for the fifth consecutive time represents a remarkable achievement for iBwave, as it clearly demonstrates our sustained growth rate over the past five years,” says Mario Bouchard. “These awards are a great tribute to the exceptional talent of our teams, in Canada as in around the world; through their hard work, determination and vision, they have re-invented themselves time and time again and pushed the technological barriers, thus propelling us to the forefront of the in-building wireless industry.”

iBwave, which has considerably enriched its product portfolio to serve the entire in-building value chain, has also gained international industry recognition for its best in class network solutions, and solidified its position as the global standard for the indoor wireless planning and design industry.

“Fast 50 companies are entrepreneurial, innovate and demonstrate leadership,” said Pascal Lamoureux, Partner and Leader for Deloitte’s Fast 50™ program. “Their commitment and achievements are critical to the growth of the Canadian technology sector.”

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 industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

ABOUT iBwave:

iBwave, the global in-building standard, serves nearly 600 leading telecommunication firms in 83 countries worldwide, with innovative indoor wireless solutions. Its leading software suite empowers operators, system integrators and OEMs to provide optimum network coverage and capacity inside buildings, where 80 percent of all wireless traffic occurs, while also boosting efficiency and productivity through the in-building project value chain. iBwave also offers quality hands-on training and certification programs, instilling awareness and proficiency in in-building wireless network planning. http://www.ibwave.com.

The Deloitte Technology Fast 50 ™ program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50™ Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 ™ candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit http://www.fast50.ca.

Technology Fast 500™, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500™ award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013. In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.http://www.deloitte.com/us/fast500

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Elsa Lebey
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