SOURCE: OPTIMAL TECHNOLOGIES INTERNATIONAL INC.

September 20, 2007 11:08 ET

Optimal Technologies Receives "Technology Green 15" Award as the 2007 Deloitte Technology Fast 50 Launches This New Award Category

Canada's Most Prestigious Technology Award Program Celebrates a Decade of Canadian Technology With a New Award Honouring a Burgeoning Industry

CALGARY, AB--(Marketwire - September 20, 2007) - Optimal Technologies is an inaugural winner of the prestigious Deloitte Technology Green 15 Award, a new award that salutes companies creating major breakthroughs in the field of green technology. The award comes as the 2007 Deloitte Technology Fast 50 Awards Program celebrates its 10th anniversary as the pre-eminent technology awards program in Canada.

The Deloitte Technology Green 15 Awards recognize those Canadian companies that offer solutions to global environmental challenges by creating intellectual property (IP) and technology that reduce society's environmental impact.

"The Deloitte Technology Green 15 awards were created because much of the popular focus on environmental solutions often rests on more visible manifestations like wind farms, solar farms and ethanol production facilities," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Honouring companies such as Optimal Technologies is raising awareness of the innovative, powerful technologies invented here in Canada that work behind the scenes to enable the green applications we benefit from today."

Over the last decade, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders such as Research in Motion (RIM), which has ranked among the Deloitte Technology Fast 50 every year since inception in 1997.

Optimal Technologies' CEO Roland Schoettle credits Optimal's revolutionary AEMPFAST™ electric power system analysis, optimization and management technology for the company's ability to achieve success in this segment. "AEMPFAST allows engineers to quickly perform a power grid 'tune up,'" Schoettle says. "This reduces energy 'losses' in the grid, reduces fuel use and emissions, and makes the grid more efficient and reliable using its existing generation and transmission resources." Schoettle adds, "AEMPFAST enables the most intelligent placement and integration of renewable and distributed resources and demand response programs into the system -- which is critical for leveraging these critical initiatives aimed at modernizing our power systems."

"Companies such as Optimal Technologies are creating technology solutions that demonstrate both a significant beneficial environmental impact and a compelling return on investment. In doing so, they are helping position Canada as a global leader in the development of commercially viable green technology," explained Ruffolo.

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 Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 candidate), Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15 Awards (recognizing companies creating innovative and economically viable intellectual property in the field of green technology). 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 Optimal Technologies (http://www.otii.com) - Optimal Technologies is the leading developer of "SmartGrid" technologies that provide a more intelligent, efficient, reliable, and environmentally responsible electric power grid from end-to-end, and that now include advanced building automation and information technologies. Optimal's unique products and services have the potential to create unprecedented industry, economic, environmental, and consumer benefits world wide. The privately held company recently was nominated for a World Technology Award for innovations in the field of Environment.

Contact Information

  • Contact:
    Lynette E. McInnes
    Optimal Technologies
    Ph. 707-557-1788
    Email: lynettem@otii.com