Martello Ranks No. 46 on the Canadian Business
Annual List of Canada's Fastest
Growing Companies
OTTAWA, Sept. 12, 2019 /CNW/ - Martello Technologies
Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a leading
provider of solutions that deliver clarity and control of complex
IT environments, announced today its inclusion in the 2019 edition
of the Canadian Business and Maclean's magazine
annual Growth 500 list, the definitive ranking of Canada's Fastest-Growing Companies.
Martello placed No. 46 on the list of the top 500 Canadian
companies with five-year revenue growth of 1,692%. This is the
third consecutive year that the company has been recognized on the
Growth 500 list. The company was ranked as No. 28 in 2018 and No.
48 in 2017.
"The companies on the 2019 Growth 500 are truly remarkable.
Demonstrating foresight, innovation and smart management, their
stories serve as a primer for how to build a successful
entrepreneurial business today," says Beth
Fraser, Growth 500 program manager. "As we celebrate over 30
years of the Canada's
Fastest-Growing Companies program, it's encouraging to see that
entrepreneurship is healthier than ever in this country."
Produced by Canada's premier
business and current affairs media brands, the Growth 500 ranks
Canada's businesses on a five-year
revenue growth. Growth 500 winners are profiled in a special print
issue of Canadian Business published with
Macleans's magazine and online at CanadianBusiness.com
and Growth500.com
"Martello is proud to be recognized on the Growth 500 for a
third consecutive year," said John
Proctor, President and CEO of Martello Technologies. "Being
a part of this respected national ranking is a testament to the
strength of Martello's team and technology, which has resulted in
strong, steady growth over the last five years".
Martello's solutions have been widely acclaimed in the industry.
In September 2018, Martello received
a Frost & Sullivan Leadership Award for NPM (Network
Performance Management) and ranked in position 215 in the 2019
edition of the widely respected Branham300 listing of
Canada's top ICT (Information and
Communications Technology) companies. Martello is focused on global
growth both organically and through acquisitions. The Company
recently announced key partnerships and sales wins with Paessler
PRTG, Onepoint and Suria Business Solutions.
About the Growth 500
For over 30 years, the Growth 500 has been Canada's most respectable and influential
ranking of entrepreneurial achievement. Ranking Canada's Fastest-Growing Companies by
five-year revenue growth, the Growth 500 profiles the country's
most successful growing businesses. The Growth 500 is produced by
Canadian Business. Winners are profiled in a special Growth 500
print issue of Canadian Business (packaged with the October issue
of Maclean's magazine) and online at Growth500.ca and
CanadianBusiness.com. For more information on the ranking, visit
Growth500.ca.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and
most-trusted business publication in the country. It is the
country's premier media brand for executives and senior business
leaders. It fuels the success of Canada's business elite with a focus on the
things that matter most: leadership, innovation, business strategy
and management tactics. Learn more at CanadianBusiness.com.
About Martello Technologies Group
Martello Technologies Group Inc. (TSXV: MTLO) is a technology
company that provides clarity and control of complex IT
infrastructures. The company develops products and solutions that
monitor, manage and optimize the performance of real-time
applications on networks, while giving IT teams and service
providers control and visibility of their entire IT infrastructure.
Martello's products include SD-WAN technology, network performance
management software, and IT analytics software. Martello
Technologies Group is a public company headquartered in
Ottawa, Canada with offices in
Montreal, Amsterdam, Paris, Dallas
and New York. Learn more at
http://www.martellotech.com
FORWARD LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and
uncertainties. Actual results could differ materially from those
anticipated in such forward-looking statements as a result of
numerous factors, some of which may be beyond the Corporation's
control. These factors include: general market and industry
conditions, risks related to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management on the date the statements
are made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Martello Technologies Group