OMNIGLOBE NETWORKS TAKES 8TH PLACE IN DELOITTE TECHNOLOGY FAST 50™ LIST

The global telecommunications company is confirmed as one of Canada's fastest growing technology companies

MONTREAL, Sept. 23 /CNW Telbec/ - OmniGlobe Networks, the privately-held telecommunications company specializing in the delivery of broadband, cellular, and satellite communications services to unserved and under-served areas around the world, today announces that it is a Canadian Technology Fast 50™ winner. The Deloitte's Technology award program honors technological innovation and leadership and celebrates Canada's elite technology companies based on percentage revenue growth over five years.

OmniGlobe's vision and dedication to become a leading satellite communications service provider in remote and rural markets has resulted in a sustained growth of 6,411 per cent over the last five years, ranking the company 8th among its industry group in the country.  As a result of this, OmniGlobe automatically qualifies for the Technology Fast 500™ program which recognizes the best technology companies across North America.

Jason Neale, CEO and founder of OmniGlobe Networks credits the talent and work ethic of the company's employees with the tremendous revenue growth. Neale said, "OmniGlobe has continued to grow in size and in strength over the past few years and we are very proud to receive top distinction from Canada's foremost technology award program."

"This remarkable accomplishment reflects the tenacity and unwavering commitment of the company to its customers," he continues. "Since acquiring RAMTelecom about a year ago, we have substantially expanded our cellular and broadband operations in Canada and secured new broadcasting contracts in the Middle East and in Africa; 2011 already looks to be a very promising and exciting year."

"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. "OmniGlobe Networks 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.

About OmniGlobe Networks

Based in Montreal, QC, OmniGlobe Networks is a global telecommunications company that delivers reliable and affordable broadband, cellular, and satellite communications products, services, and solutions to regions around the world where conventional telecommunications are unavailable, unreliable or too expensive. Today, OmniGlobe's diverse customer base ranges from domestic consumers, aboriginal communities, oil and gas, mining, and forestry companies to government agencies and private institutions worldwide. With more than 80 employees globally, the company sells its services in over 75 countries. For more information, please visit: www.omniglobe.com

For further information:

Elsa Lebey
Marketing Manager, OmniGlobe Networks Inc.
Tel: [phone] Ext 203
E-mail: [email protected]