September 24, 2008
Creaform Ranked 22nd Fastest Growing Technology Company in the Deloitte Technology Fast 50 in Canada
The innovative company enters the pre-eminent list of the 50 fastest growing technology companies in Canada
Lévis, September 25, 2008 - Creaform, developer and manufacturer of the Handyscan 3D self-positioning handheld laser scanners, is extremely proud to announce that it has ranked 22nd fastest growing technology company in Canada - the Deloitte Technology Fast 50 - based on the percentage of revenue growth over five years. This prestigious prize awarded by Deloitte makes Creaform the fastest growing Quebec technology company outside the Metropolitan Montréal, and highlights and confirms the leadership of the company in the 3D scanning field.
"Transforming technological innovation into business success is hard, and it's especially difficult to sustain such rapid revenue growth over five years. Creaform has rapidly built a highly
successful company in the Canadian technology industry and we applaud its dedication and ability to transform vision into reality," said Pierre Brodeur, Leader of Deloitte's Technology, Media &Telecommunications Industry Group in Montreal.
"Canadian technology companies have some of the highest revenue growth in North America, while playing in some of the world's largest, most competitive and exciting market sectors," explains Brodeur."Outstanding companies such as Creaform demonstrate the incredible business acumen and entrepreneurial spirit that fuel the Canadian technology industry."
It is with greatest pride that André Couture, Finance VP, has accepted the award during the ceremony held last night in Montreal. "Such an award comes as a reward for Creaform's innovative and cooperation spirit, and for the passion and dedication of our employees over the years. We are extremely proud of Creaform's expansion, and that the company is now recognized as a national and worldwide company", he says.
Armed with this national recognition, Creaform is committed in building on the momentum. Besides, the introduction last August of the VIUscanTM, the very first truly portable color laser scanner of its kind on the market and the fourth scanner of the Handyscan 3D line-up, shows well the innovative and bold spirit that drives the company.
About the Deloitte Technology Fast 50
The program features four distinct categories. 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. Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC Capital Markets, Wellington Financial, Stonewood Group, CATAAlliance and IGLOO. For more information, visit www.fast50.ca.
Creaform is a world-class technological company offering 3D digital solutions with offices in Canada, the United States, France, China and Japan. Creaform combines every 3D process and technology with innovative solutions that can cover the entire range of 3D needs: 3D scanning, reverse engineering, inspection, styling, design & analysis, digital manufacturing and medical applications. Our wide range of products and services as well as our advanced training program are intended for companies from the automotive, aerospace, biomechanics, consumer products, education, heritage preservation & architecture, and multimedia industries, among others.
Creaform has developed and sells the Handyscan 3DTM line of products, which includes the REVscanTM, the EXAscanTM, the ERGOscanTM and the VIUscanTM color laser scanner. These revolutionizing self-positioning handheld 3D laser scanners provide very high accuracy files that can be exported to most CAD platforms and inspection and animation software. Due to its true portability, versatility and accuracy, the Handyscan 3DTM line of products makes 3D scanning more simple than ever.
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Fabrice de Dongo