QuickPlay Media, Inc., a provider of managed solutions for the distribution of premium video to IP-connected devices, today announced it has been named to Deloitte’s North America Technology Fast 500 and Canada Technology Fast 50 lists. The awards recognize the fastest-growing companies in North America and Canada, respectively. Both awards are based on a company’s revenue growth over the past five years. QuickPlay’s revenues grew 360 percent from July 1, 2005 to June 30, 2010. This is the company’s second year being named to the Canada Technology Fast 50 list.
The Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America and winners are determined based on their percentage of revenue growth during the period from 2005 to 2010. The Canada-focused Deloitte Technology Fast 50 ranking requires that companies have been in business for at least five years, have revenues of at least $5 million, have demonstrated significant revenue growth, are headquartered in Canada, own proprietary technology and conduct research and development activities in Canada.
Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP said, “We are pleased to honor QuickPlay Media as one of the 2011 Technology Fast 500. As one of the fastest-growing tech companies in North America, they have demonstrated technological innovation, entrepreneurship and rapid growth.”
QuickPlay Media’s OpenVideo platform provides the most scalable and secure way for companies to deliver engaging multiscreen entertainment experiences to consumers. QuickPlay manages more than one million media assets on behalf of customers and powers premium video services for leading companies including AT&T U-verse, Bell Mobility, Rogers Communications and Research in Motion. The company has powered some of the year’s most notable mobile VOD, streaming and Live TV events including SuperBowl XLV the Royal Wedding, the Stanley Cup Playoffs and MLB baseball games, among many others.
“It’s an honor to be selected among some of the most innovative and successful companies in North America,” said Wayne Purboo, president and CEO of QuickPlay Media. “This ranking is a true testament of the hard work the entire team puts into making our cloud-based OpenVideo platform the best in the industry. The mobile video space is exploding and service providers face an ongoing challenge of balancing consumer demand and the reality of resource costs. QuickPlay’s proven ability to address this challenge, with managed solutions that provide customers with high quality video services, positions us extremely well for continued growth.”