iBwave announced today that it has ranked number 197 in the Technology Fast 500™, Deloitte’s list of the 500 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 2006-2010. iBwave grew 476 percent during this period. The company also ranked 33rd in Deloitte’s Technology Fast 50™. For 14 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders.
iBwave’s chief executive officer, Mario Bouchard, credits iBwave’s ability to remain on the cutting edge of the in-building wireless industry, as well as maintaining the trust of over 280 leading telecom leaders and wireless operators worldwide, to the company’s 476% revenue growth. He said, “We are honored by this award and proud to be the standard in the industry. With a strong, dedicated team, iBwave will continue to lead the way in helping people communicate optimally indoors.”
“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery,” said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. iBwave 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.”
“We are pleased to honor iBwave 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, iBwave has demonstrated technological innovation, entrepreneurship and rapid growth.”