Leading digital publishing solutions provider recognized as one of Canada’s fastest growing companies
Montreal, Quebec, Oct 7th, 2008 – Nstein Technologies Inc. www.nstein.com (TSX-V: EIN), a leader in digital publishing solutions for newspapers, magazines and online content providers, today announced that it was ranked 21st nationally and 3rd in Quebec on Deloitte’s Technology Fast 50, a ranking of the 50 fastest-growing technology companies across Canada, based on the percentage of revenue growth over the last five years. This is the 3rd time Nstein has made the honors, moving up from 30th last year, and 33rd in 2006, its first year on the list.
“As one of the leading providers of digital publishing solutions to the world’s largest media companies, we are thrilled to be one of Canada’s fastest growing technology companies," said Luc Filiatreault, President and CEO of Nstein Technologies. "Through continued R&D and great acquisitions Nstein has been able to provide a rational and highly needed solution to today’s media companies. With the digital publishing landscape changing at such a rapid pace we anticipate an even deeper penetration into the global market to further grow our top line."
Nstein’s suite of tools addresses all aspects of the digital content supply chain and includes WCM (Web Content Management), DAM (Digital Asset Management), TME (Text Mining Engine) and PMD (Picture Management Desk). In the past 12 months, Nstein has signed deals with more than 25 media companies – including Independent News, News International, Reader’s Digest & Condé Nast.
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 evaluates and judges companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.
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 15 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, RBC Capital Markets, Wellington Financial, Stonewood Group, CATAAlliance and IGLOO. For further information, visit www.fast50.ca.
About Nstein Technologies Inc.
Nstein Technologies (TSX-V: EIN) develops and markets multilingual solutions that power digital publishing for the most prestigious newspapers, magazines, and content-driven organizations. Nstein’s solutions generate new revenue opportunities and reduce operational costs by enabling the centralization, management and automated indexing of digital assets. Nstein partners with clients to design a complete digital strategy for success using publishing industry best practices for the implementation of its Web Content Management, Digital Asset Management, Text Mining Engine and Picture Management Desk products. www.nstein.com
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For more information:
Nstein Technologies Inc.:
Investor Relations
Bruno Martel
Chief Financial Officer
Nstein Technologies Inc.
Tel: (514) 908-5406
bruno.martel@nstein.com
Media
David Crouy
Marketing Director
Nstein Technologies Inc.
Tel: (514) 908-5406
david.crouy@nstein.com