Distech Controls ranked number 342 fastest growing company in North America on Deloitte's 2007 Technology Fast 500
Distech Controls announced that it ranked Number 342 on Deloitte’s 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002–2006. Distech Controls grew 427% during this period.
Distech Controls, based in Quebec, Canada, is a provider of building automation and energy management solutions. Distech Controls' CEO and president, Etienne Veilleux, credits the company’s unique, innovative product offering and international sales strategies for the consistent revenue growth.
Veilleux added, “In a very competitive market, Distech Controls offers leading-edge, cost-effective energy management solutions to building owners worldwide. Our clients around the globe – in North America, Europe, Asia, and the Middle-East – appreciate the level of innovation and quality our products provide. They also recognize the value of our commitment to research and development.”
"Deloitte’s Technology Fast 500 recognizes technology companies who have achieved extraordinary growth in North America’s most innovative and competitive sectors,” said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We congratulate Distech Controls on this significant accomplishment."
In addition to ranking on Deloitte’s Technology Fast 500, Distech Controls ranked 42nd on the Canadian Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Canada and obtained Deloitte’s Technology Green 15 award that salutes companies creating major breakthroughs in the field of green technology. In August of 2007, Distech Controls also won the 2007 Frost & Sullivan North American Building Automation Systems Growth Excellence of the Year Award.