Solium Capital Inc. Ranked Among Deloitte Technology Fast 50 for a Second Year
CALGARY, ALBERTA–(Marketwire – Sept. 25, 2007) – For the second consecutive year, Solium Capital Inc. (TSX:SUM) (“Solium”) has been ranked among the prestigious Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in Canada, based on the percentage of revenue growth over five years. Solium ranked 17th in the 2007 Deloitte Technology Fast 50, marking the second straight year in which it has been ranked among the top 20.
Solium’s growth of 1,249% from 2002 to 2006 is largely attributed to the evolution of its industryleading and innovative proprietary software, Shareworks™, a web-based application for integrated and automated equity incentive and stock plan management. Solium continues to emerge as a dominant provider in the employee stock administration industry in Canada and has experienced early success with expansion into the US market.
“We are elated to be recognized by Deloitte for a second consecutive year. Our inclusion in this select group of fast-growing technology companies in Canada is a testament to the continually evolving value proposition we offer our marketplace and further reinforces our position as a technology leader in our industry,” said Jeff English, CEO of Solium Capital Inc.
“Deloitte created the Deloitte Technology Fast 50 program a decade ago to celebrate the worldclass achievements of Canadian technology companies,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Companies like Solium Capital are a perfect example of the combination of revenue growth, technological innovation and entrepreneurial spirit that continues to be a winning formula in the technology sector.”
Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
About the Deloitte Technology Fast 50 – This year marks the 10th anniversary of the Deloitte Technology Fast 50 program, which celebrates business growth, innovation and entrepreneurship. The program features four distinct categories including the Deloitte Technology Fast 50 Ranking, Companies-to-Watch Awards (honouring early-stage Canadian technology companies in business less than five years), Leadership Awards (Deloitte Technology Fast 50- ranked companies that demonstrate leadership in each of the four industry subcategories of emerging technologies, hardware, software, and telecommunications) and the Deloitte Technology Green 15 Awards (honouring companies creating innovative and economically viable intellectual property in the burgeoning field of green technology). Deloitte Technology Fast 50 winners are automatically eligible for the prestigious Deloitte Technology Fast 500 ranking. Program sponsors include Deloitte, Gowlings, GrowthWorks, CIBC World Markets, Stonewood Group, Behr & Associates, and CATAAlliance. For further information, visit www.fast50.ca or call 1-888-6FAST50.
About Solium Capital
Solium Capital Inc. (TSX: SUM) is a leading global provider of web-based stock plan administration technology and services. Solium’s integrated solutions enable corporations to automate and manage all stock option and stock purchase plan types, including comprehensive regulatory and financial reporting. Founded in 1999, Solium has since been a disruptive force in the industry, thanks to its proprietary technology Shareworks™ and its innovative approach to simplifying stock plan administration.