OTTAWA, Nov. 14, 2013 (GLOBE NEWSWIRE) -- Energate, Inc., a leading provider of demand response and home energy management solutions for utilities and their customers, has ranked 34 on Deloitte's Technology Fast 50™ list and 326 on the their Fast 500™ list, and is also named a winner of the prestigious Green 15™ Award. The selection of Energate for the lists is a validation of its ongoing expansion efforts and confirms the company as one of the fastest growing technology companies in Canada and North America, respectively.
For more than 15 years, the prestigious Deloitte Technology Fast 50™, Green 15™, and Fast 500™ rankings have commemorated companies of varying sizes and industries that have experienced significant, sustained revenue growth. In addition to this year's win, in 2009 and 2010 Energate received the Green 15™ award, which celebrates companies that have made notable strides in developing technology solutions that promote the efficient and environmentally conscious use of Earth's resources.
"We are proud to be included on Deloitte's 2013 Technology Fast 50™, Green 15™, and Fast 500™ lists," said Energate CEO Steve Dodds. "Energate's inclusion on the lists is a testament to the continuing hard work of our entire team and our ongoing commitment to providing our customers and partners with the most innovative, high-quality products in the market. Together these factors have contributed to Energate's strong positive growth trajectory."
"Canadian Fast 50 companies innovate, demonstrate leadership, create jobs, and invest in R&D," said Richard Lee, Deloitte's National Managing Partner, Technology, Media & Telecommunications. "They are remarkable companies that show dedication, drive and commitment that are key to growth in the Canadian technology sector. Technology Fast 500 winners achieve success and strong growth as a direct result of their leadership, and commitment to innovation. They are amongst the elite who transform the technology sector."
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,) Leadership Awards (companies that demonstrate technological leadership and innovation within the industry) and the Deloitte Technology Green 15™ 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, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.
About Deloitte's Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
About Energate
Energate is the leader in Consumer Demand Response Solutions for utilities and their residential customers. The company provides home energy management solutions including software, portals, mobile applications, and wireless devices such as gateways, smart thermostats, load control switches, and consumer energy displays. Energate's standards-based open Consumer Connected Demand Response (CCDR) platform allows utilities to immediately address residential demand and empowers consumers to more effectively manage energy use. Energate solutions leverage the Smart Grid to mitigate supply and demand challenges, increase the use of renewables, and utilize dynamic rate structures. Founded in 2004, Energate is headquartered in Ottawa with offices in Toronto, Houston, Melbourne (FL), Raleigh and Los Angeles. Visit www.energateinc.com.