Forensic Technology Wins HSBC International Business of the Year, Large Enterprise Award

MONTREAL, CANADA--(Marketwire - May 17, 2011) - Forensic Technology has won the inaugural HSBC International Business of the Year – Large Enterprise Award.

As part of the Business without Borders program, the HSBC International Business Awards honours Canadian companies that have successfully branched out beyond our borders. "The ability of Canada's large enterprises to compete and succeed on a global scale is significant because it proves that we stand tall to the world's best," said Mark Watkinson, Senior Executive Vice President, Head of Commercial Banking, North America, HSBC. "In particular, Forensic Technology has distinguished itself for its entrepreneurship and we salute their accomplishments."

Forensic Technology's CEO Robert Walsh, credits his employees' authentic desire to listen, understand and address our customers' challenges with the company's win. Walsh said that "innovative technology is critical to winning the war on crime. We are committed to research and development that aid in the creation of new crime-fighting solutions and pride ourselves that our award-winning solutions have helped public safety agencies in solving crimes worldwide."

To be eligible for this large enterprise award, firms must be majority Canadian owned (50.1 percent); headquartered in Canada; generate at least 10 percent of their revenue from activities outside of Canada; and have minimum sales of CAD $30 million for each of the last two fiscal years. Full eligibility requirements are available on www.bwob.ca/awards. Applications were selected by a judging committee drawn from Canadian Business magazine, The Globe and Mail Report on Business, Import Export Canada, the Economist Intelligence Unit, the Desautels Faculty of Management at McGill University, and the Sauder School of Business at the University of British Columbia. PwC Canada performed due diligence on all the finalists.

About the HSBC International Business Awards

The HSBC International Business Awards are an important, new awards program that will honour Canadian firms that have made a real difference in taking their products and services to the world. The Awards were bestowed in the following categories: the HSBC International Business of the Year Award, Small and Medium Enterprise, the HSBC International Business of the Year Award, Large Enterprise, the Leadership in International Trade in Asia-Pacific, and the Leadership in International Trade in Latin America. The program was created in conjunction with Business without Borders, Canada's newest and best source of news, analysis and practical information for companies reaching beyond this nation's borders.

About HSBC Bank Canada

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 260 offices, including over 140 bank branches, and is the leading international bank in Canada. With around 7,500 offices in 87 countries and territories and assets of US$2,455 billion at 31 December 2010, the HSBC Group is one of the world's largest banking and financial services organizations.

About Business without Borders

Canada's newest and best source of news and to help businesses grow internationally, Business without Borders was created and developed by HSBC Bank Canada in association with Rogers Publishing Ltd and the Globe and Mail. Business without Borders provides news, analysis, tools and inspiring profiles of Canadian businesses exporting, expanding their operations and sales abroad or relocating operations in other countries.

About Forensic Technology

Forensic Technology pioneered automated ballistics identification more than twenty years ago and continues to be a leader in ballistics and firearms identification technologies that promote a safer society. We partner with hundreds of public safety agencies in over 60 countries, providing cost-effective and sustainable solutions. With vast experience in scalable-networked solutions, we employ a dedicated team of engineering, forensic, and law enforcement professionals around the world.

For more information about Forensic Technology please visit: www.forensictechnology.com