Eddyfi Makes Deloitte’s Fast 500™ Ranking Again in 2018

Québec, Canada, November 15th 2018 — Eddyfi Technologies announced today it ranked on Deloitte’s 2018 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Eddyfi Technologies grew 192 percent during this period.

Eddyfi Technologies’s Chief Executive Officer, Martin Thériault, credits the innovative ideas of its employees, their customer-focused attitude, as well as the corporate development program for the company’s continuous revenue growth. He said: ” We are proud to have succeeded, with our innovative vision and the addition of complementary equally high-end brands, in pushing the limits of non-destructive testing. By focusing on our client’s needs, we have been able to innovate and deliver to them new solutions that are making a difference in the field of NDT. We are honored, for the fourth consecutive time, to be part of the winners.”

“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”

About Eddyfi Technologies Eddyfi Technologies specializes in developing, manufacturing, and marketing the most advanced non-destructive testing (NDT) inspection technologies in the world. The company focuses on offering high-performance NDT solutions for the inspection of critical components and assets through its complementary brands: Eddyfi, M2M, Silverwing, Teletest, and TSC. Eddyfi Technologies serves customers in more than 85 countries in major industries such as oil & gas, power generation, and aerospace. The group employs more than 350 people, leveraging nine centers of excellence and sales offices worldwide, all staffed by NDT experts.

About Deloitte’s 2018 Technology Fast 500™ Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

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