Avigilon Recognized by Deloitte as one of North America and Canada's Fastest Growing Companies

~Avigilon receives Deloitte Technology Fast 500 and Fast 50 awards~

VANCOUVER, CANADA, November 18, 2016 /CNW/ - Avigilon Corporation ("Avigilon") (TSX: AVO), provider of trusted security solutions, today announced that it has been ranked by Deloitte for the sixth consecutive year on the Fast 500™ awards (North America), and the seventh consecutive year on the Fast 50™ awards (Canada). Of the companies on this year's Fast 50™ list, Avigilon holds the records for both the number of years ranked and years consecutively ranked.

"Avigilon has achieved rapid growth by providing cutting edge and trusted security solutions to a growing industry," said Alexander Fernandes, Avigilon's Founder, President, Chief Executive Officer and Chairman of the Board. "Our commitment to innovation and the dedication of the Avigilon team have enabled us to achieve this recognition year after year with profitable growth."

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 three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca

About Deloitte's 2016 Technology Fast 500™

Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 or USD, and current-year operating revenues of at least $5 million or USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America.

About Avigilon

Avigilon Corporation provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions. To learn more about Avigilon, visit avigilon.com.

© 2016, Avigilon Corporation. AVIGILON and AVIGILON logo are trademarks of Avigilon Corporation. Other marks referred to herein are the property of their respective owners.

For further information: 

Investor Enquiries: 
Darren Seed 
Vice President, Capital Markets & Communications 
T: [phone] 
[email protected]

Media Enquiries: 
T: [phone] 
[email protected]

SOURCE Avigilon Corporation