Dyadem Named One of the Fastest Growing Companies in North America on Deloitte's 2009 Technology Fast 500

Dyadem Named One of the Fastest Growing Companies in North America on Deloitte’s 2009 Technology Fast 500

Toronto – October 20, 2009 — Dyadem today announced that it ranked number 444 on Deloitte’s 2009 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.  Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004–2008.  Dyadem grew 254 percent during this period.

“This year brought a lot of uncertainties to companies, but Dyadem was well-positioned to help our customers discover and manage the critical risks that were relevant to their businesses,” said Kevin North, President and CEO, Dyadem.  “Our growth is a testament to the value our products provide to organizations who are trying to get a handle on what potential risks can impact their business next.”

Deloitte’s Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth.

Dyadem is the market leader in Operational and Quality Risk Management software solutions and its flagship product, Stature, promotes the principles of continuous improvement, providing a single enterprise platform to identify, measure, mitigate and communicate risks to all stakeholders within an organization.  Operational and Quality Risk Management are enterprise approaches to risk that address the core causes of failures – lack of collaboration and communication and inadequate knowledge management.

“With its impressive five-year growth, Dyadem has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Deloitte is proud to honor Dyadem for its achievement.”

The Technology Fast 500 award is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research conducted by Deloitte.  Deloitte’s 2009 Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues.  Technology Fast 500 award eligibility requirements include a base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD.

About Dyadem
Dyadem is the market leader in Operational Risk Management and Quality Risk Management solutions.  Dyadem provides software and services that empower companies to discover and manage the risks to people and products in the design and manufacturing processes.  Dyadem helps some of the world’s largest companies achieve regulatory compliance and business continuity, serving the oil & gas, chemical, mining, pharmaceutical, medical, automotive, electronics and aerospace and defense industries.  For more information, visit www.dyadem.com.

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
 
 
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