TeraGo Networks Ranks in Top 100 on Branham300 Canadian ICT List for 2014

TORONTO, ONTARIO--(Marketwired - April 23, 2014) - TeraGo Inc. (TSX:TGO) (www.terago.ca), a leading national broadband services and colocation provider to businesses in Canada, announced today that it has earned a place on the Top 250 Canadian ICT Companies list for the seventh consecutive year. The company has jumped up through the ranks quickly, moving to 81^st position for 2014. This is the third consecutive year that TeraGo has earned a place in the top 100.

"We are very pleased to be recognized as one of the top 100 Canadian technology companies for seven year in a row," says Stewart Lyons, President and Chief Executive Officer, TeraGo Networks Inc. "Last year was a period of continued growth and improvement, and we intend to build upon that foundation in 2014 as we transition into an IT services company."

TeraGo is continuing to expand its footprint across Canada, leveraging its leading position in broadband services with the continued growth of complementary data centre service capabilities for small and medium businesses.

About TeraGo Networks

TeraGo Networks Inc. provides businesses across Canada with carrier-grade broadband, data and voice communications services. Colocation and disaster recovery solutions are also provided by Data Centers Canada, a division of TeraGo Networks. The national service provider owns and manages its IP network servicing about 6,500 customer locations in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg, as well as data centres in Toronto and Vancouver. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo Inc. (TSX:TGO). More information about TeraGo is available at www.terago.ca.

About Branham300

The Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada for the past 20 years, and is widely considered to be a leading source of intelligence on Canada's ICT industry. The Branham300 list consists of the following major categories, ranked by revenue:

• Top 250 Canadian ICT Companies
• The Next 50 Canadian ICT Companies
• Top 25 ICT Multinational Companies operating in Canada
• Top 25 Up and Comer ICT Companies (category ranked on innovation, not revenue)

The Branham300 is published annually in the April/May issue of Backbone Magazine, as well as on the Branham300 website, www.branham300.com

About Branham Group Inc.

Branham Group Inc. is a leading industry analyst and strategic consulting firm servicing the global information technology marketplace. Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health and Green IT). Branham also produces an annual listing of the top information and communications technology (ICT) companies in Canada (www.branham300.com), tracks the Canadian Outsourcing industry (www.branhamoutsourcing.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth). For more information regarding Branham Group, please visit www.branhamgroup.com.