MONTREAL -- Sept. 23, 2010 -- X2O Media won a coveted Companies-to-Watch Award, one of four separate awards categories that make up the 2010 Deloitte Technology Fast 50(TM) Awards, the pre-eminent technology awards program in Canada.
The Companies-to-Watch Award honors early-stage Canadian technology companies in business less than five years. These companies exemplify many of the winning characteristics of Deloitte Technology Fast 50(TM)-ranked companies, which are judged using a longer track record.
"Companies-to-Watch Award winners frequently go on to score high rankings in the Deloitte Technology Fast 50 once they have a five-year track record," said John Ruffolo, National Leader, Technology, Media and Telecommunications Industry Group, Deloitte. "X2O Media has quickly distinguished itself for its innovative technology and entrepreneurship, and this award recognizes its potential as a future leader in the Canadian technology industry."
"Deloitte is Canada's largest professional services firm, and it is a tremendous achievement to be recognized by the company as one of the Companies-to-Watch in the Technology Fast 50 program, a coveted endorsement in the Canadian technology sector," said David Wilkins, X2O Media's President and CEO.
"Receiving this honor demonstrates the mark we have made on the digital signage marketplace and on new ways of enhancing communications over the last four years," continued Wilkins. "We've done this by offering high-quality, cost-effective solutions such as our Xpresenter(TM) platform and theX2O enterprise visual communication system, and constantly innovating to stay ahead of the market's needs with increased functionality and integration, along with innovative services such as our online Ad Production Service. It's an honor to have our efforts recognized."
The majority of Companies-to-Watch winners are potential global leaders in technology sectors that did not even exist five years ago. To win the award, companies must display the kind of management expertise and superior technology that mark a successful early-stage company poised for continued growth. To qualify for the Companies-to-Watch Award, candidates must have been operating less than five years. They must also be headquartered in Canada and devote a significant portion of their operating revenues to creating proprietary technology and/or intellectual property.
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About the Deloitte Technology Fast 50(TM)
The Deloitte Technology Fast 50(TM) 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 future Deloitte Technology Fast 50 candidates), Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications, and emerging technologies), and the Deloitte Technology Green 15(TM) 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, Gowlings, GrowthWorks, TMX Group, Wellington Financial, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS, and IGLOO Software. For further information, visit www.fast50.ca.
About X2O Media
X2O Media is a full-service provider of software, network management services, and content services for professional digital signage and corporate communication applications. The company offers a wide variety of software solutions for digital signage and interactive networks of all sizes. X2O's award-winning Xpresenter(TM) provides an end-to-end platform for the creation, management, and distribution of content at broadcast quality, and at a fraction of the time of other solutions. In addition to technology, X2O offers content design, acquisition, management, distribution, and monitoring services for digital signage networks. More information about X2O Media is available at www.x2omedia.com.
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