KineticD Ranked the 19th Fastest Growing Technology Company in Canada in the Deloitte Technology Fast 50

TORONTO, Sept. 23 /PRNewswire/ -- KineticD™, formerly Data Deposit Box, the online storage, recovery and secure remote access service designed especially for small and mid-sized businesses (SMBs), today announced that it is ranked among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. KineticD's increase in revenues of 1,114 percent from 2005 to 2009 resulted in the 19th place ranking.

For over 13 years, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking. KineticD is ranked 99th in the Fast 500.

KineticD provides secure online storage, disaster recovery and remote access solutions that easily adapt to specific business needs. Its affordable cloud-based services enable organizations to easily backup, restore, access and share digital assets wherever business takes them.

"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "KineticD is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come."

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

"It is an honor to be recognized as one of the fastest growing companies in Canada by a respected organization such as Deloitte," said Jamie Brenzel, CEO at KineticD. "With unrivaled solutions for small and medium businesses, KineticD has seen rapid growth over the last five years. Our dedication to delivering innovative new offerings ensures our customers and partners have access to the most secure and reliable storage, recovery and remote access solutions in the industry."

About the Deloitte Technology Fast 50

The Deloitte Technology Fast 50 program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15TM Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, TMX Group, Wellington Financial, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.

About KineticD

KineticD™ sets a new standard by providing small and mid-sized businesses (SMBs) with the same level of service and protection for irreplaceable digital assets that large enterprises enjoy. It delivers comprehensive solutions that enable SMBs to continuously backup, restore, access, and share information online from any location. Its agile, cloud-based services are specifically designed for SMBs that want to activate their digital assets and more efficiently share and collaborate through improved access to information. Founded in 2002, the company's industry-acclaimed Data Deposit Box product delivers advanced, patented technology that is used daily by over 40,000 customers and is supported around the world through an extensive partner network. KineticD delivers powerful online solutions that are simple to use, affordable, secure and accessible no matter where your business takes you. For more information or to try a free trial please visit www.kineticd.com.  

SOURCE KineticD