Tira Wireless Inc.

Tira Wireless Inc.

October 24, 2007 08:01 ET

Tira Wireless Ranked Fourth Fastest Growing Wireless Company in North America

Deloitte Wireless Fast 50 Program Recognizes Tira Wireless for Five-Year Revenue Growth

SAN FRANCISCO, CALIFORNIA--(Marketwire - Oct. 24, 2007) - CTIA WIRELESS I.T. & Entertainment 2007 (Booth # 1250)-Tira Wireless today announced that it has been ranked one of the top five fastest growing wireless companies in North America in the inaugural Deloitte Wireless Fast 50 awards. The company tied for fourth place based on its remarkable growth in revenue since 2002.

The award program ranks the 50 fastest growing wireless companies based on the percentage of fiscal year revenue growth over five years from 2002-2006. Winners are selected by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations, from among the hundreds of wireless companies represented in the 16 regional Deloitte Technology Fast 50 programs in the United States and Canada. Tira Wireless also tied for third place in the Canadian 2007 Deloitte Technology Fast 50 awards.

"This award is a tribute to the exceptional staff at Tira Wireless and their dedication to the mobile market. By bringing together the brightest minds in the industry, we have created solutions that solve many of the most complex challenges in deploying mobile content," said Doug Barre, CEO of Tira Wireless. "Without a doubt, our remarkable growth is testament to the value they have enabled us deliver to the mobile market and their constant drive and innovation to keeps us and our clients ahead of the curve."

"The first-ever Deloitte Wireless Fast 50 awards underscore the potential for both innovation and business performance in this evolving sector, and Tira Wireless has very clearly achieved both," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Tira Wireless is among an elite group of companies that have ranked among the top five companies in both the Canadian Deloitte Technology Fast 50 and in this year's inaugural Wireless Fast 50. They have been recognized for achieving sustained growth in this market while navigating constant change, and should be proud of this accomplishment."

About the Deloitte Wireless Fast 50

The Deloitte Wireless Fast 50 program is presented by Deloitte & Touche USA LLP in association with ONESPORT. To qualify, companies must have operating revenues of at least US$50,000 in 2002 and US$5,000,000 in 2006 and be headquartered anywhere in the world. They must also own proprietary wireless technology or proprietary wireless intellectual property contributing to a significant portion of its operating revenues or devote a significant amount of revenues to the research and development of wireless technology. Companies that use other companies' wireless technology or intellectual property in a unique way do not qualify. Companies from the Deloitte Wireless Fast 50 program automatically qualify for the Deloitte Technology Fast 500, a ranking of North America's 500 fastest growing technology, media, telecommunications and life sciences companies. For further information, visit www.fast500.com.

About Tira Wireless

Tira Wireless provides application developers and publishers with a portfolio of tools, processes and best practices that help manage the creation of mobile content and speed its delivery to market. The Tira Mobile Content Lifecycle Management solution helps overcome the seemingly insurmountable challenges of mobile deployment by facilitating the marketing planning, design, development, adaptation, testing, channel packaging and distribution of mobile content. By teaming with best of breed technology and service providers such as Bango, Mobile Complete and Enough Software (J2ME Polish), Tira Wireless enables organizations such as Warner Bros., THQ Wireless, Yahoo, AccuWeather.com(tm) and Loopt to more effectively embrace the mobile market. Founded in 2001, Tira Wireless is a venture-backed company headquartered in Silicon Valley, with offices in Toronto, Chicago, London and Ukraine. Visit www.tirawireless.com for more information.

About Deloitte

Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 6,800 people in 51 offices. Deloitte operates in QuTbec as Samson BTlair/Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries and not by the Deloitte Touche Tohmatsu Verein.

NOTE: Tira Wireless is a registered trademark. All other company and product names may be trademarks of their respective owners. All Rights Reserved.

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