Genetec ranked 37th fastest growing technology company in Canada in Deloitte Technology Fast 50

St-Laurent, Canada, October 8, 2009 — Genetec 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. Genetec's increase in revenues of 423% percent from 2004 to 2008 resulted in a 37th place ranking. This is the fourth consecutive year that Genetec is ranked in the Fast 50.

For over 12 years, the Deloitte Technology Fast 50TM program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.

“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. “Genetec 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.”

Alain Coté, Genetec's Executive Vice President, credits Genetec’s continued focus on customer needs, the extraordinary hard work and creativity of its work force and Genetec’s unique position as a leader in highly scalable, highly reliable IP Security solutions with the company's 423% percent revenue growth over the past five years. Mr. Coté said, “We are very proud to have made the Fast 50 list for the fourth consecutive year, showing that we have found a way to keep our growth at a sustainable pace. We are particularly proud to be one of the only self-financed companies to ever achieve such a feat. This is a tribute to everyone who works at Genetec.”

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 50TM 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 50TM 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 50TM candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15TM Awards (Canada’s leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC, Wellington Financial, Stonewood Group, HKMB Hub, CATAAlliance, CleanTech Group, IGLOO, ITAC, MaRS and Microsoft. For further information, visit www.fast50.ca.

About Genetec
Genetec is a pioneer in the physical security and public safety industry and a global provider of world-class IP video surveillance, access control and license plate recognition (LPR) solutions to markets such as transportation, education, retail, gaming, government and more. With sales offices and partnerships around the world, Genetec has established itself as the leader in innovative networked solutions by employing a high level of flexibility and forward-thinking principles into the development of its core technology and business solutions. Genetec’s corporate culture is an extension of these very same principles, encouraging a dynamic and innovative workforce that is dedicated to the development of cutting-edge solutions and to exceptional customer care. For more information, visit www.genetec.com.