TransGaming Inc.
TSX VENTURE : TNG

TransGaming Inc.

November 13, 2014 09:30 ET

TransGaming Named One of Deloitte's Technology Fast 50™ Companies

TORONTO, ONTARIO--(Marketwired - Nov. 13, 2014) - TransGaming (TSX VENTURE:TNG) has been named as one of Canada's fastest growing technology companies in the Deloitte Technology Fast 50™ awards for technological innovation, entrepreneurship, rapid growth and leadership, based on the percentage of revenue growth over five years.

TransGaming ranked 46th with a 199% in revenue growth from 2009 to 2013.

Now in its 17th year, the Deloitte Technology Fast 50™ program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.

TransGaming's CEO & President, Vikas Gupta, credits the company's innovative culture and resilient team with the company's 199% revenue growth. Mr. Gupta said, "We are honored to be ranked as a leading technology company within Deloitte's Technology Fast 50 program for a second consecutive year. TransGaming lives in a dynamic and competitive industry and our growth and accolades are derived from one thing: an incredible team. We have established our leadership position in the electronic entertainment industry through the commitment, brilliance, and innovative DNA of our employees. I am proud of what we have already accomplished together and remain even more enthusiastic about our future."

"Fast 50 companies are entrepreneurial, innovate and demonstrate leadership," said Pascal Lamoureux, Partner and Leader for Deloitte's Fast 50 program. "Their commitment and achievements are critical to the growth of the Canadian technology sector."

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 industry experts evaluate and judge 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™

The Deloitte Technology Fast 50™ program is Canada's pre-eminent technology awards program. Celebrating 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) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.

About TransGaming

TransGaming Inc. (TSX VENTURE:TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world's leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming's core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Discover more at: www.transgaming.com.

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