September 20, 2007 12:46 ET

Radialpoint Ranked One of the Fastest Growing Technology Companies in Canada in the Deloitte Technology Fast 50

Canada's most prestigious technology award celebrates a decade of Canadian technology innovation, growth and entrepreneurial spirit

MONTREAL, QUEBEC--(Marketwire - Sept. 20, 2007) - Radialpoint, the leading provider of managed Internet services to the world's largest ISPs, has been ranked among the Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in Canada. Based on the percentage of revenue growth over a five-year period, Radialpoint's increase in revenues from 2002 to 2006 resulted in a 23rd place ranking in Canada, and a 2nd place ranking within Quebec. The Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders for the past ten years.

"Transforming technological innovation into business success is hard, and it's especially difficult to sustain such rapid revenue growth over five years. Radialpoint has rapidly built a highly successful company in the Canadian technology industry and we applaud their dedication and ability to transform their vision into reality," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte.

Radialpoint's CEO, Hamnett Hill, credits the company's strong customer orientation and its talented workforce as key contributors to its ongoing success. "Our unique managed Internet services approach has created some of the most successful, consumer-friendly online programs in market today. With over 22 million addressable subscribers, and some of the world's largest ISPs as partners, we have amassed an unmatched track record and expertise in the industry. We are pleased to be recognized as a Deloitte Technology Fast 50 company for the second year in a row."

"Canadian technology companies have some of the highest revenue growth in North America, while playing in some of the world's largest, most competitive and exciting market sectors," adds Mr. Ruffolo. "Outstanding companies such as Radialpoint demonstrate the incredible business acumen and entrepreneurial spirit that fuel the Canadian technology industry."

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of subject matter experts evaluates and judges companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

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 technology companies in business less than five years), Leadership Awards (Deloitte-Technology Fast 50-ranked companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications/wireless 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 Radialpoint

Radialpoint is a leading provider of managed Internet services solutions for broadband providers. Its Value Added Services (VAS) are currently available to over 22 million broadband subscribers worldwide. Radialpoint's Services and Managed VAS Platform enable large and mid-size providers to generate new revenue and significantly lower operational costs associated with supporting and bringing new Internet services to market. Its customers include Bell Aliant, Bell Canada, TELUS and Videotron in Canada; BellSouth and Verizon in the US; and, ONO, and Virgin Media in Europe. Radialpoint is headquartered in Montreal, Canada, with offices in Europe.

Contact Information