TITUS ranks in the Deloitte Technology Fast 50™ Program for 2013
OTTAWA, ON — November 13, 2013 — 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™