iBwave Ranked 178th in North America Fast 500™

iBwave Ranked the 178th Fastest Growing Company in North America on Deloitte’s 2010 Technology Fast 500 TM. Attributes Its 567 Percent Growth to Its Unsurpassed In-Building Software Solutions, Customer Focus and Employee Dedication in Providing Unfailing Wireless Communications Indoors.

Montreal, Canada – October 20, 2010iBwave today announced that it ranked number 178 on Technology Fast 500TM, Deloitte’s 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 2005–2009. iBwave grew 567 percent during this period.

iBwave’s President and CEO, Mario Bouchard, credits the incredible hard work and dedication of all its employees and their unwavering belief that wireless devices should work as well or better indoors as they do outdoors as the key driving force for their success. He also credits the continuous product feedback from the thousands of RF engineers across more than 270 telecom leaders and wireless operators worldwide in making iBwave’s products the most advanced and widely used in-building wireless design software in the industry. Mario Bouchard said, "We are extremely honoured by this award. We believe the proliferation of mobile devices and the importance of providing optimal indoor coverage and capacity to support new and innovative applications can only bode well for our future – we’re extremely excited about our leadership position in this space.”

Technology Fast 500TM 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, iBwave 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 iBwave for this accomplishment.”

Overall, Technology Fast 500TM award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.

For additional details on the Technology Fast 500TM including qualifying criteria, visit www.fast500.com.

As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

About iBwave
iBwave Solutions, the standard for converged indoor network planning is the power behind great in-building wireless experience, enabling billions of end users and devices to connect inside a wide range of venues. As the global industry reference, our software solutions allow for smarter planning, design and deployment of any project regardless of size, complexity or technology. Along with innovative software, we are recognized for world class support in 90 countries, industry’s most comprehensive components database and a well-established certification program. For more information visit: www.ibwave.com

For more information, please contact
E: marketing@ibwave.com

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