MONTREAL, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Haivision, an enterprise video technology company, has been recognized as one of the fastest growing technology companies in North America by the annual Deloitte ranking.
Deloitte's Technology Fast 500™ ranks technology, media, telecommunications, life sciences and clean technology companies in North America based on percentage growth over a five year period. Haivision grew 143 percent percent between 2009-2013.
"It is a great honor to be recognized for a sixth consecutive year by Deloitte," said Mirko Wicha, President and CEO of Haivision. "Our continued growth is fueled by our amazing team that drives the innovation and solutions that help our customers work better with video. We didn't get here alone and want to thank our customers and partners who continue to drive demand for our solutions."
"Technology Fast 500 winners achieve success and strong growth as a direct result of their leadership and commitment to innovation," said Pascal Lamoureux, Partner and Leader for Deloitte's Fast 50 program. "They make significant contributions to the evolution of the technology industry."
Overall, 2014 Technology Fast 500 ™ companies achieved revenue growth ranging from 136 percent to 123,678 percent from 2009-2013, with an average growth rate of 1,646 percent.
For six consecutive years, Haivision has been recognized by the Deloitte awards program: 2009 Companies to Watch awards; 2010 Deloitte Fast 50; 2011 Deloitte Fast 500; 2012 Deloitte Fast 50 and Fast 500; and 2013 Deloitte Fast 50 and Fast 500.
About Deloitte's 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Haivision delivers end-to-end solutions for streaming, encoding, recording, managing, and distributing secure video and interactive media within the enterprise, education, medical, government and broadcast industries. Recognized as one of the most influential companies in video by Streaming Media, Haivision is headquartered in Montreal and Chicago with regional offices in Austin, Tx; Atlanta, Ga.; Portland, Or.; Washington D.C. and Hamburg, Germany. With a global sales and support organization, Haivision distributes its products through value-added resellers, system integrators, distributors, and OEMs worldwide. More information is available at www.haivision.com.
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Source: Haivision Canada HQ