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IDC recognized as one of fastest growing Canadian technology companies in the Deloitte Technology Fast 50
CALGARY, Sept. 25 /CNW/ - IDC (Imaging Dynamics Company Ltd.) (TSX: IDL), the global leader in th...
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"\n\n\n\nCALGARY, Sept. 25 /CNW/ - IDC (Imaging Dynamics Company Ltd.) (TSX: IDL),\nthe global leader in the rapidly growing market for digital radiography (DR),\ntoday announced it is ranked among the Deloitte Technology Fast 50, a ranking\nof the 50 fastest growing technology companies in Canada, based on the\npercentage of revenue growth over five years. IDC's increase in revenues of\n382 percent from 2003 to 2007 resulted in a 36 ranking nationally. IDC ranked\nnumber 4 in Alberta.\n\n\nFor over a decade, the Deloitte Technology Fast 50 program has tracked\nthe successful growth of Canadian-grown global leaders. Now Canada's\npre-eminent technology award program, the Deloitte Technology Fast 50 augments\nthe broader Deloitte North American Technology Fast 500 initiative, with\nwinners automatically eligible for this elite ranking.\n\n\n"Transforming technological innovation into business success is hard, and\nit's especially difficult to sustain such rapid revenue growth over five\nyears. IDC has rapidly built a highly successful company in the Canadian\ntechnology industry and we applaud their dedication and ability to transform\ntheir vision into reality," said John Ruffolo, National Leader, Technology,\nMedia & Telecommunications Industry Group, Deloitte.\n\n\nIDC's President & CEO Tom Boon, credits IDC's innovative CCD-based\ndigital radiography technology and strong value proposition with the company's\n382 percent revenue growth. Boon said, "It is with great pleasure that we\nreceive this prestigious award and be recognized for our continued growth in\nthis competitive global healthcare market."\n\n\n"Canadian technology companies have some of the highest revenue growth in\nNorth America, while playing in some of the world's largest, most competitive\nand exciting market sectors," explains Ruffolo. "Outstanding companies such as\nIDC demonstrate the incredible business acumen and entrepreneurial spirit that\nfuel the Canadian technology industry."\n\n\nTo qualify for the Deloitte Technology Fast 50 ranking, companies must\nhave been in business for at least five years, have revenues of at least\n$5 million, be headquartered in Canada, own proprietary technology, and\nconduct research and development activities in Canada. A panel of industry\nexperts evaluates and judges co...