TeraGo Networks in Top 100 on the Branham300 Top 250 Canadian Technology Companies for 2013

TORONTO, ONTARIO--(Marketwired - April 23, 2013) - TeraGo Inc. (TSX:TGO) (www.terago.ca), a leading national broadband services provider to businesses in Canada, announced today that it has risen 10 spots and is now in position 84 on the Top 250 Canadian Technology Companies category for 2013. This is the sixth consecutive year that TeraGo has improved its position and the second consecutive year that TeraGo has earned a place in the top 100. The company has also ranked as one of the Top 10 Canadian Wireless Solutions Companies for 2013. TeraGo has experienced substantial year-over-year growth by continuing to focus on the needs of businesses across Canada.

"Being recognized as a top Canadian technology company on the Branham300 list for six consecutive years is a great accomplishment, and I'm very proud that we have been sequentially improving year after year," says Bryan Boyd, President and Chief Executive Officer, TeraGo Networks Inc. "Our proven growth strategy has resulted in a strong 2012, and we plan on continuing our momentum in 2013."

"TeraGo has consistently risen through the ranks of the Branham300, demonstrating strong growth in each year," said Wayne Gudbranson, President and CEO of Branham Group. "For the first time, TeraGo has landed a spot on the Top 10 Canadian Wireless Solutions, demonstrating their overall strength and ingenuity as a company."

About TeraGo Networks

TeraGo Networks Inc. provides businesses across Canada with carrier-grade broadband, data and voice communications services.The national network service provider owns and manages its IP network servicing 6,575 customer locations in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. 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 the Branham300

For 20 years now, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada 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:

• 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 at www.branham300.com. Keep up to date with the Branham300 and Branham Group on twitter at @branhamgroup, through Branham's Newsletter, or RSS feed.

About Branham Group Inc.

Branham Group Inc. is a leading industry analyst and strategic marketing company servicing the global Information and Communication Technology (ICT) marketplace. Branham Group assists ICT 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, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada (www.branham300.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth).

For more information regarding Branham Group, please visit www.branhamgroup.com.