MONTREAL, Nov. 16,
2022 /PRNewswire/ - Lightspeed Commerce
Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform
for merchants around the world to simplify, scale, and create
exceptional customer experiences, today announced that the Company
was honored as an Enterprise Fast 15 award winner as part of the
2022 Deloitte Technology Fast 50TM program.
Celebrating its 25th anniversary, the award recognizes the
fastest-growing enterprise-level technology, media, and
telecommunications companies by revenue-growth percentage over
their last four years of operation. This leadership category is
open to companies that recorded a minimum revenue of $10 million in 2018 and a minimum revenue of
$25 million in 2021.
"Lightspeed's mission to create communities through commerce has
never been more vital," said JP Chauvet, Lightspeed's CEO. "Our
technology helps restaurateurs and retailers - the heartbeat of the
communities and cities we love - do more with less. Our belief in
this mission is at the core of everything we do and the key to
Lightspeed's growth trajectory. It is a privilege to help these
SMBs adapt to fast-evolving consumer behavior while navigating
challenging macroeconomic conditions."
"This year's Enterprise Fast 15 winners represent a high level
of excellence and success as members of Canada's elite in the technology sector,"
stated Anders McKenzie, partner and
national leader for the Technology Fast 50TM program at
Deloitte Canada. "With their bold vision for the future, impactful
technologies, competitive drive, and passion for pushing the
boundaries, these winners catapult Canadian innovation forward
nationally and on the global stage. No doubt their successes are a
source of pride and inspiration for all tech entrepreneurs."
About the Deloitte Technology Fast
50TM program
The Deloitte Technology Fast 50 program is Canada's pre-eminent technology awards
program. Celebrating its 25th anniversary, the program recognizes
business growth, innovation, and entrepreneurship in four distinct
categories: Technology Fast 50 ranking, Enterprise Fast 15, Clean
Technology, and Companies-to-Watch. The program also recognizes
companies within the North American Technology Fast 500 ranking
identifying thriving technology companies in the United States and Canada. The 2022 program sponsors include
Deloitte, RBCx, Osler, EDC, CBRE,
Vector Institute, Council of Canadian Innovators (CCI), Clarity
Recruitment, Lafond, and TMX. For further information, visit
www.fast50.ca.
About Lightspeed
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale, and provide exceptional customer
experiences. Our cloud commerce solution transforms and unifies
online and physical operations, multichannel sales, expansion to
new locations, global payments, financial solutions, and connection
to supplier networks.
Founded in Montréal, Canada in
2005, Lightspeed is dual-listed on the New York Stock Exchange
(NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams
across North America, Europe, and Asia
Pacific, the company serves retail, hospitality, and golf
businesses in over 100 countries.
For more information, please visit: lightspeedhq.com
On social media: LinkedIn, Facebook, Instagram, YouTube, and
Twitter
Forward-Looking
Statements
This news release may include forward-looking information and
forward-looking statements within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking
statements are statements that are predictive in nature, depend
upon or refer to future events or conditions and are identified by
words such as "will", "expects", "anticipates", "intends", "plans",
"believes", "estimates" or similar expressions concerning matters
that are not historical facts. Such statements are based on current
expectations of Lightspeed's management and inherently involve
numerous risks and uncertainties, known and unknown, including
economic factors. A number of risks, uncertainties and other
factors may cause actual results to differ materially from the
forward-looking statements contained in this news release,
including, among other factors, those risk factors identified in
our most recent Management's Discussion and Analysis of Financial
Condition and Results of Operations, under "Risk Factors" in our
most recent Annual Information Form, and in our other filings with
the Canadian securities regulatory authorities and the U.S.
Securities and Exchange Commission, all of which are available
under our profile on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov. Readers are cautioned to consider these and other
factors carefully when making decisions with respect to
Lightspeed's subordinate voting shares and not to place undue
reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that Lightspeed considers reasonable, actual
events and results could differ materially from those expressed or
implied by forward-looking statements made by Lightspeed. Except as
may be expressly required by applicable law, Lightspeed does not
undertake any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE Lightspeed Commerce Inc.