Deloitte names PROPHIX to Prestigious Canadian Technology Fast 50 List
Toronto, On, September 30, 2005 - PROPHIX Software, a leader in delivering data analysis solutions such as budgeting, reporting, forecasting, planning, and consolidation, today announced it has been named to Deloitte's prestigious Canadian Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2000-2004.
"PROPHIX Software's sustained growth and placing in the 2005 Deloitte Fast 50 Program, illustrates our commitment to providing superior products and services to our clientele", states PROPHIX Software Inc.'s CEO, Paul Barber. "Our dedicated team understands our business, our goals, and our objectives, and their mindset and hard work has ensured the best results in the shortest period of time."
PROPHIX Software's increase in revenues of 235.94% from 2000 to 2004 resulted in a 42nd ranking overall in the Canadian Technology Fast 50. The average increase in revenues among companies who made the Fast 50 for this region was 1695%.
"The Deloitte Canadian Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Garry Foster, National Directory, Technology, Media & Telecommunications, Deloitte. "We applaud the success of PROPHIX Software, and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."
Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit www.fast50.ca or www.fast50.com.
About PROPHIX Software
For over fifteen years, PROPHIX has been a leader in delivering data analysis solutions including budgeting, reporting, forecasting, planning, consolidation and personnel planning. We maintain an outstanding reputation with our customers by consistently delivering tangible value and exceptional ROI, with a low total cost of ownership.
PROPHIX serves a variety of industries including financial services, manufacturing, high-tech, professional services, health care, consumer packaged goods, government, and not-for-profit organizations.
Our clients include Toyota, Mazda North America, Thrifty Car Rental, Nestle-Purina, Seattle Supersonics, Bridgestone-Firestone, Martin Guitars, Wentworth Mold, State National Bank, Framesaver, Union Energy, LWCC (Louisiana Workers' Compensation Carrier), and Environ.
For more information, please visit www.PROPHIX.com.
About Deloitte
Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 6,100 people in 47 offices. Deloitte operates in Quebec as Samson Belair/Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
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