CALGARY, ALBERTA--(CCNMatthews - Nov. 15, 2006) - zed.i solutions inc. (TSX VENTURE:ZED) (the "Company") today announced that it ranked Number 322 on Deloitte's 2006 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 revenue growth over five years, from 2001 - 2005. zed.i solutions' revenues grew 427% during this period.
zed.i solutions' CEO, Matthew Heffernan credits the combination of a solid strategy delivered by an outstanding team of professionals with the company's 427% revenue growth over the past five years. He said, "Having received this prestigious ranking two years in a row is evidence that the cornerstone elements of zed.i - the strategy and the people - are solid. Focused execution remains vital to our success and our continued growth."
"Making Deloitte's Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate zed.i solutions on being one of the 500 fastest growing technology companies in North America."
In addition to ranking 322nd on Deloitte's Technology Fast 500, zed.i solutions ranked 40th on the Canadian Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Canada.
zed.i solutions Inc. (TSX VENTURE:ZED) is the emerging leader in production operations management and compliance for decentralized operations in commodities industries. With a principle focus on the energy sector, the zed.i suite of automated system and expert services bring certainty to production intelligence management. This helps zed.i customers and their people to realize untapped profitability and performance potential.
Established in 1987, zed.i has collaborated with customers and stakeholders to champion a new discipline in oil and gas industry performance. With installed systems managing thousands of sites - zed.i has enabled a productive shift in operational performance for more than 180 upstream, midstream and oilfield services organizations. Please visit www.zedisolutions.com, for more information.
Deloitte is one of Canada's leading professional services firms, providing audit, tax, consulting and financial advisory services through more than 6,200 people in 50 offices. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member of Deloitte Touche Tohmatsu.
FOR FURTHER INFORMATION PLEASE CONTACT:
zed.i solutions inc.
(403) 444-1101 (FAX)