Sempa Power receives coveted "Technology Green 15(TM)" Award at the 2009
Deloitte Technology Fast 50(TM) Awards

TORONTO , Oct. 1 /CNW/ - Sempa Power is a winner of the prestigious Deloitte Technology Green 15(TM) Award, an award created in 2007 to showcase 15 Canadian companies that are leading the way to create major breakthroughs in the field of green technology.

"The Deloitte Technology Green 15 Award recognizes those Canadian companies that offer solutions to global environmental challenges by creating intellectual property and technology that reduce society's environmental impact," said John Ruffolo , National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Companies such as Sempa Power are creating technology solutions that have a significant environmental impact and demonstrate a compelling return on investment, despite being in a recession. In doing so, they are helping position Canada as a global leader in the development of commercially-viable green technology."

Sempa Power's CEO Ron Dizy credits his team's tenacity and passion for green technology as a key differentiator in enabling the company to achieve success. Dizy said, "In a tough year Sempa made considerable progress in product and market development. The team's enthusiasm for enabling customers with intelligent energy solutions allowed our value proposition to remain relevant during the economic slowdown. We have always had great technology, this year it was the team that made the difference"

About the Deloitte Technology Green 15(TM) - The Technology Green 15(TM) recognizes Canada's leading GreenTech companies. GreenTech, the industry term for "green technologies", is taking on greater importance in the world in general, and the world of business in particular. It includes any technology that promotes a more efficient use and re-use of the earth's resources in industrial production and consumption. GreenTech products and services are designed to reduce or eliminate environmental impacts and improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or pollution. Although many companies within GreenTech industry sectors are very different, they share a common trait: all use new, innovative technology to create products and services that compete with existing products and services on price and performance while reducing impact on the environment.

About the Deloitte Technology Fast 50(TM) - The Deloitte Technology Fast 50(TM) 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(TM) 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(TM) 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(TM) 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.

AboutSempa Power

Sempa Power is a leading Canadian "green" company providing Smart Grid energy solutions such as the patent-pending Sempa Hybrid Heating System(TM). Sempa provides turnkey design and implementation services to help building owners, operators and administrators to dramatically lower energy costs, significantly reduce greenhouse gas emissions and cut energy consumption. For further information pleasevisist www.sempapower.com.

For further information: Chris Witney, Director Sales & Marketing, Sempa Power, [email protected]