Allegro Mobile Solutions

MISSISSAUGA, ONTARIO - (October 1st, 2009) - Allegro Mobile Solutions, the chosen enterprise mobility provider for some of North America’s largest companies, today announced that it ranked among the Deloitte Technology Fast 50TM , a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. Allegro Mobile Solutions’ increase in revenues of 4,157 percent from 2004 to 2008 resulted in a 8th place ranking. 

For over 12 years, the Deloitte Technology Fast 50TM program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50TM augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.

“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of a global recession,” said John Ruffolo, National Leader, Technology Media & Telecommunications Industry Group, Deloitte. “Allegro Mobile Solutions is an example of the determination, drive and skill that will serve to position them for further growth and success as the economic recovery takes hold."

Allegro Mobile Solutions' CEO Savino Griesi, credits the company’s excellent relationships with its clients, employees and technology partners as well as Allegro’s niche position in the industry with the company's 4,157 percent revenue growth. Griesi said, “The strong partnerships and relationships that we forged in the beginning have matured and now provide us with a competitive edge in the market.  Moving forward, we look to continue our growth as the wireless market expands by delivering leading enterprise solutions through our comprehensive mobile software and services offering.”

To qualify for the Deloitte Technology Fast 50TM 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. 

About the Deloitte Technology Fast 50TM - The Deloitte Technology Fast 50TM 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 50TM 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 50TM 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, RBC, Wellington Financial, Stonewood Group, HKMB Hub,
CATAAlliance, CleanTech Group, IGLOO, ITAC, MaRS and Microsoft. For further information, visit www.fast50.ca.

About Allegro:
Allegro Mobile Solutions provides retail, field service, transportation and healthcare organizations with real-time mobile information solutions to improve operations and support decision making at the point of business.  Applications are built on the Allegro Mobility Platform, a strategic platform for the development and deployment of mobile applications for the enterprise. Building applications on top of the platform improves quality, shortens development timeframes, and provides developers, operators and administrators with advanced control of the device and the software that it runs.  Allegro’s full-spectrum solution approach gives clients a single point of contact for enterprise mobility consulting services, hardware, software development, implementation and support. 

For more information, visit www.allegrowireless.com or call 1.888.626.5262