Matrikon Named One of Canada's Fastest Growing Technology Companies
Attributes innovative solutions to its 185% revenue growth from 2000 to 2004Edmonton, AB - September 30, 2005Matrikon Inc. (TSX:MTK) has been named to Deloitte's prestigious Canadian Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2000-2004. Matrikon's CEO Nizar J. Somji credits innovative solutions that deliver bottom line results to clients with the company's 185 percent revenue growth from 2000-2004. He said, "Our growth is driven by executing well against the right strategies at the right time. Matrikon's solutions deliver rapid return on investment for our clients while helping them improve efficiency, reliability and profitability of their industrial operations- all essential for remaining globally competitive."Matrikon's increase in revenues of 185 percent from 2000 to 2004 resulted in a 49th place ranking overall in the Canadian Technology Fast 50. "Sustaining high revenue growth over five years is an exceptional accomplishment. We commend Matrikon for making the commitment to technology and delivering on the promise of market longevity," said Garry Foster, National Director, Technology, Media & Telecommunications, Deloitte. We are proud to honour Matrikon as a Deloitte Technology Fast 50 winner."Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit www.fast50.ca or www.fast500.com .About Matrikon Inc.Matrikon (www.matrikon.com) is a leading provider of integrated industrial intelligence solutions that enable manufacturing plants to achieve operational excellence by transforming production data into knowledge to predict and prevent problems and optimize operations. Matrikon's customers achieve agile operations through the combination of external market and plant data to make informed, intelligent decisions in real-time. With offices in major cities throughout North America, Australia, Europe and the Middle East and a global client base including industry leaders in a wide range of manufacturing and process industries, Matrikon's reach is global.About DeloitteDeloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 6,100 people in 47 offices. Deloitte operates in Québec as Samson Bélair/Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
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