Genetec Ranked Number 425 Fastest Growing Company in North America on Deloittes 2010 Technology Fast 500

Genetec attributes its 198 Percent Revenue Growth to the vigorous sales of Omnicast, the most advanced and scalable IP video surveillance solution on the market.
Genetec, a pioneer in the physical security industry and a provider of world-class IP security solutions, announced today that it ranked number 425 on Technology Fast 500, Deloittes ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005 to 2009. Genetec grew 198 percent during this period.

Genetecs chief executive officer, Pierre Racz, credits the vigorous sales of Omnicast and Genetecs pursuit of innovative new solutions that combine advanced features and simplicity of use, for the companys 198 percent revenue growth over the past five years. "We have achieved our recent growth primarily from our sales of Omnicast, our video surveillance system part of the Security Center, our unified security platform. More industry sectors are turning to software-based video surveillance solutions, and putting their trust in Omnicast and Genetec. We see more accentuated growth for Genetec in the next three years from the significant traction we are getting from our unified platform combining video surveillance with access control and license plate recognition systems, as well as from the SV-16, our network security appliance."

Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their outstanding five-year revenue growth.

"With its remarkable growth from 2005 to 2009, Genetec has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America and deserves our congratulations" said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte Canada. Deloitte is proud to honour Genetec for this accomplishment.

About Genetec

genetec.gifGenetec is a pioneer in the physical security and public safety industry and a global provider of world-class IP license plate recognition (LPR), video surveillance and access control solutions to markets such as transportation, education, retail, gaming, government and more. With sales offices and partnerships around the world, Genetec has established itself as the leader in innovative networked solutions by employing a high level of flexibility and forward-thinking principles into the development of its core technology and business solutions. Genetecs corporate culture is an extension of these very same principles, encouraging a dynamic and innovative workforce that is dedicated to the development of cutting-edge solutions and to exceptional customer care.
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