March NetworksTM, a leading provider of intelligent IP video and business analysis applications, announced recently that it has been recognized as one of the fastest-growing technology companies in North America in the 2007 Deloitte Technology Fast 500 listing.
The company achieved revenue of $76.2 million in fiscal 2006, representing an increase of 712% as compared to fiscal 2002. The company also ranks as one of the top 50 fastest-growing Canadian technology companies and leads five Ottawa-area companies appearing on the list. This is the second, consecutive year that March Networks has appeared as a Fast 500 winner, moving up to 229th place from 346th last year.
The Fast 500 ranks the fastest-growing technology, media, telecommunications and life sciences companies in North America in terms of percentage revenue growth.
"Our inclusion in the Fast 500 recognizes our success developing and delivering industry-leading solutions to enterprise customers around the world," said Peter Strom, President and CEO, March Networks. "The company's improved ranking this year is a testament to the ongoing support of our customers and the outstanding efforts of our partners and employees."
