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OTTAWA, ONTARIO -- (Marketwired) -- 11/13/13 -- TITUS, a leading provider of security and compliance solutions for email and documents, has been named as one of Canada's fastest growing technology companies in the Deloitte Technology Fast 50 awards for technological innovation, entrepreneurship, rapid growth and leadership, based on the percentage of revenue growth over five years.
"Canadian Fast 50 companies innovate, demonstrate leadership, create jobs, and invest in R&D," said Richard Lee, Deloitte's National Managing Partner, Technology, Media & Telecommunications. "They are remarkable companies that show dedication, drive and commitment that are key to growth in the Canadian technology sector."
"We are thrilled to be named to the Deloitte Technology Fast 50 as one of the fastest growing technology companies in Canada," said Tim Upton, Founder, President and CEO of TITUS. "Over the past decade, TITUS has grown from a consulting company, to a company focused on offering classification software to military and government organizations, to now being a leading provider of security and classification solutions for large enterprise organizations worldwide, including major companies such as Dell and Nokia. We are proud of our growth, and proud to be included on this prestigious list of Canadian companies."
Now in its 16th year, the Deloitte Technology Fast 50 program recognizes leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown global leaders. The program augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking. 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 the Deloitte Technology Fast 50
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,) Leadership Awards (companies that demonstrate technological leadership and innovation within the industry) and the Deloitte Technology Green 15 Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.
About TITUS
TITUS solutions enable organizations to classify, protect and confidently share their information. With over 2 million users worldwide, our solutions enable enterprises, military and government organizations to classify information and meet regulatory compliance by securing unstructured information. Products include TITUS Classification, the leading message, document and file classification and labeling solutions that enhance data loss prevention by involving end users in identifying sensitive information; and the TITUS family of classification and security solutions for Microsoft SharePoint. TITUS solutions are deployed within over 500 organizations around the world, including Dow Corning, United States Air Force, NATO, Pratt and Whitney, Canadian Department of National Defence, Australian Department of Defence, and the U.S. Department of Veterans Affairs. Visit www.titus.com for more information.
Contacts:
Media Contact:
Nicole Baker
PR Manager - TITUS
Phone: 613-820-5111 x155
Cell: 613-862-4316
@TITUS
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