Canada's most prestigious technology award program celebrates a decade of Canadian technology with a new award honouring a burgeoning industry
For Immediate Release
TORONTO --- September 20, 2007 --- EnviroTower is an inaugural winner of the prestigious Deloitte Technology Green 15 Award, a new award that salutes companies creating major breakthroughs in the field of green technology. The award comes as the 2007 Deloitte Technology Fast 50 Awards Program celebrates its 10th anniversary as the pre-eminent technology awards program in Canada.
The Deloitte Technology Green 15 Awards recognize those Canadian companies that offer solutions to global environmental challenges by creating intellectual property (IP) and technology that reduce society's environmental impact.
"The Deloitte Technology Green 15 awards were created because much of the popular focus on environmental solutions often rests on more visible manifestations like wind farms, solar farms and ethanol production facilities," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Honouring companies such as EnviroTower is raising awareness of the innovative, powerful technologies invented here in Canada that work behind the scenes to enable the green applications we benefit from today."
Over the last decade, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders such as Research in Motion (RIM), which has ranked among the Deloitte Technology Fast 50 every year since the program's inception in 1997.
EnviroTower's CEO Murray McCaig credits the technology's rapid return on investment for companies adopting the EnviroTower system, for the company's ability to achieve early success in this segment. McCaig said, "We allow companies to make the right choice for the environment, while at the same time having a positive effect on their bottom line."
"Companies such as EnviroTower are creating technology solutions that have both a significant environmental impact and demonstrate a compelling return on investment. In doing so, they are helping position Canada as a global leader in the development of commercially-viable green technology," explained Ruffolo.
To qualify for a Deloitte Technology Green 15 Award, candidates must be headquartered in Canada and devote a significant portion of their operating revenues to creating proprietary technology and/or intellectual property.
About the Deloitte Technology Fast 50
This year marks the 10th anniversary of the Deloitte Technology Fast 50 program, which celebrates business growth, innovation and entrepreneurship. The program features four distinct categories including the Deloitte Technology Fast 50 Ranking, Companies-to-Watch Awards (honouring early-stage Canadian technology companies in business less than five years), Leadership Awards (Deloitte Technology Fast 50-ranked companies that demonstrate leadership in each of the four industry subcategories of emerging technologies, hardware, software, and telecommunications) and the Deloitte Technology Green 15 Awards (honouring companies creating innovative and economically viable intellectual property in the burgeoning field of green technology). Deloitte Technology Fast 50 winners are automatically eligible for the prestigious Deloitte Technology Fast 500 ranking. Program sponsors include Deloitte, Gowlings, GrowthWorks, CIBC World Markets, Stonewood Group, Behr & Associates and CATAAlliance. For further information, visit www.fast50.ca or call 1-888-6FAST50.
About EnviroTower
EnviroTower is a Cleantech leader and a pioneer in environmentally-friendly water treatment technology. The EnviroTower system is the most sustainable and technically advanced system for cooling tower water treatment. The patented system completely replaces traditional chemical treatment; providing total control of scale, corrosion and other factors to create an exceptionally clean system that dramatically reduces energy and water consumption, while eliminating toxic water discharge to improve our environment. The company operates across North America and its technology has been in use for over a decade.
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Contact:
Shelley Cornforth,
VP Marketing
T: 416-977-1105, ext. 117
E: shelley.cornforth@envirotower.com