Increase in Revenues of 1,347% from 2005 to 2009 Results in
QuickPlay Media’s Number 18 Ranking
Toronto, ON — September 23, 2010
QuickPlay Media Inc., the leading provider of solutions for the digital distribution of premium video to portable wireless devices, today announced it is ranked number 18 amongst the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on its 1,347% revenue growth from 2005 to 2009.
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.
“We are honoured to be recognized as one of the fastest growing technology companies in Canada,” said Wayne Purboo, president and CEO of QuickPlay Media. “The entire team at QuickPlay Media has shown an unwavering commitment to innovation, development of high quality solutions and customer satisfaction. These efforts have resulted in our being selected by the world’s leading companies to power their mobile VOD, streaming and live TV services, including the two most watched sporting events of 2010.”
A panel of industry experts evaluated and judged companies for the Deloitte Technology Fast 50 based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.
“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “QuickPlay Media is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come.”
About the Deloitte Technology Fast 50
For over 13 years, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking. For further information, visit www.fast50.ca.
About QuickPlay Media
QuickPlay Media is the leading provider of solutions for the digital distribution of premium video to portable wireless devices. Successfully used by the world’s largest communications and media companies, QuickPlay’s OpenVideo platform provides the most secure and flexible way for companies to deliver engaging multi-screen entertainment experiences. QuickPlay is headquartered in Toronto, with sales offices in London and throughout the US. For more information, please visit www.quickplay.com or on Facebook at www.facebook.com/quickplaymedia. Interested parties can also follow QuickPlay Media on Twitter at @quickplaymedia.
For more information, please contact:
QuickPlay Media Inc.
Doug Fraim
fama PR
+1 (617) 758-4176
quickplay@famapr.com