Creaform Ranks 7th in Deloitte Technology Fast 50

Creaform Ranked 7th Fastest Growing Tech Company in the Deloitte Technology Fast 50 in Canada

The innovative company climbs the rankings of the select list of the 50 fastest growing technology companies in Canada over five years

 

Lévis, October 1, 2009
Creaform, developer and manufacturer of the Handyscan 3D self-positioning handheld laser scanners and the HandyPROBE arm-free portable CMM, is extremely proud to announce that it is 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 five years. Creaform’s increase in revenues of 4338 percent from 2004 to 2008 resulted in a 7th ranking overall, 2nd position in the province of Quebec, which is a remarkable improvement from 2008 (22nd position).

“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of a global recession,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Creaform is an example of the determination, drive and skill that will serve to position them for further growth and success as the economic recovery takes hold.”

It is with great pride that Martin Lamontagne, CEO, has accepted the price last night. "I receive this award on behalf of all the employees at Creaform, as we owe our growth to their passion and determination. When I learned about this year’s Fast 50 France’s theme, which is "Disruptive technology : built another kind of future", I have to admit that it brought a smile to my face, because this describes precisely Creaform’s core: even our competition talks about us as being disruptive technology developer! This is how we gain market shares year after year, how we develop new applications and new markets and how continue on our growth."

New partnership and a new 3D scanner
The unveiling of Deloitte’s Fast 50 coincides with a very active period at Creaform. Indeed, the company launched on September 15th a brand new, entry-level 3D laser scanner - the latest of the Handyscan 3D line-up. Plus, the company is expanding its product offer through a new distribution partnership with Leica Geosystems: from now on, Creaform will sell and support Leica’s family of long range scanners used for as-built, topographic, detail, and engineering surveys.

About the Deloitte Technology Fast 50
The program features four distinct categories. 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. Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC Capital Markets, Wellington Financial, Stonewood Group, CATAAlliance and IGLOO. For more information, visit www.fast50.ca.

About Creaform
Creaform is a world-class technological company offering 3D digital solutions with offices in Canada, the United States, France, China and Japan. Creaform combines every 3D process and technology with innovative solutions that can cover the entire range of 3D needs: 3D scanning, reverse engineering, inspection, design and engineering and FEA. Our wide range of products and services as well as our advanced training program are intended for companies from the automotive, aerospace, consumer products, education, heritage preservation & architecture, manufacturing, medical care and multimedia industries, among others.

Creaform has developed and sells the Handyscan 3D line of scanners. These state-of-the-art self-positioning handheld 3D laser scanners are known for the high accuracy of the 3D scanning data they generate, their true portability, and ease of use. Creaform also manufactures and sells the HandyPROBE portable arm-free CMM, a probing system designed for inspection applications.
www.creaform3d.com

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Contacts:
Isabelle Roy
Marketing Writer, Creaform
Email Contact
418.833.4446 # 217

Fabrice de Dongo
Media Relations Manager, Deloitte
Email Contact
416-874-3249




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