Company Achieves Fast 500™ Ranking for a 5th
Consecutive Year
TORONTO and NEW YORK, Nov. 15,
2018 /CNW/ – AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds"
or the "Company"), a technology leader that provides targeted
digital media solutions by leveraging its proprietary Artificial
Intelligence (AI) technology to enable advertisers to connect
intelligently with audiences across digital advertising campaigns,
today announced it ranked on Deloitte's Technology Fast
500TM for the fifth consecutive year. Deloitte
Technology's Fast 500™ is a ranking of the 500 fastest growing
technology, media, telecommunications, life sciences and energy
tech companies in North
America.
Tal Hayek, Co-founder and CEO of
AcuityAds commented, "We are extremely pleased and honoured to be
recognized in Deloitte's Technology Fast 500™ ranking for a fifth
consecutive year as one of the fastest growing technology companies
in North America. This award is
further proof of the success we have achieved through our
continuous investment in our industry leading proprietary
technology. We remain focused on increasing revenues, margins and
overall profitability. None of this would be possible without the
tireless efforts of the entire AcuityAds team and the value we
provide every day to our clients."
The Deloitte Technology Fast 500™ ranking follows the Company's
impressive Q3 2018 financial results, achieving 19% YOY growth and
45% sequential growth, and as it is looking ahead at the strongest
fourth quarter bookings seen in the company's history.
"Congratulations to the Deloitte 2018 Technology Fast
500™winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and
U.S. technology, media and telecommunications leader. "These
companies are innovators who have converted their disruptive ideas
into products, services and experiences that can captivate new
customers and drive remarkable growth."
"Software, which accounts for nearly two of every three
companies on the list, continues to produce some of the most
exciting technologies of the 21st century, including innovations in
artificial intelligence, predictive analytics and robotics," said
Mohana Dissanayake, partner,
Deloitte & Touche LLP, and Industry Leader for technology,
media and telecommunications, within Deloitte's audit and assurance
practice. "This year's ranking demonstrates what is likely a
national phenomenon, where many companies from all parts of America
are transforming the way we do business by combining breakthrough
research and development, entrepreneurship and rapid growth."
Overall, 2018 Technology Fast 500™ companies achieved revenue
growth ranging from 143 percent to 77,260 percent from 2014 to
2017, with median growth of 412 percent.
More information on the 2017 Deloitte Fast 500™ list is
available here: https://www2.deloitte.com/fast500
About AcuityAds
AcuityAds is a leading technology company that provides
marketers a powerful and holistic solution for digital advertising
across all ad formats and screens to amplify reach and Share of
Attention® throughout the customer journey. Via its unique,
data-driven insights, real-time analytics and industry-leading
activation platform based on proprietary Artificial Intelligence
technology, AcuityAds leverages an integrated ecosystem of partners
for data, inventory, brand safety and fraud prevention, offering
unparalleled, trusted solutions that the most demanding marketers
require to be successful in the digital era.
AcuityAds is headquartered in Toronto with offices throughout the U.S.,
Europe and Latin America. For more information, visit
AcuityAds.com.
About Deloitte's 2018 Technology Fast 500™
Deloitte's 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 2014 to 2017.
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
USD, and current-year operating revenues of at least
$5 million USD. Additionally,
companies must be in business for a minimum of four years and be
headquartered within North
America.
Disclaimer in regards to Forward-looking
Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Investors are cautioned not to put undue reliance on
forward-looking statements. Except as required by law, AcuityAds
does not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new
information or future events.
SOURCE AcuityAds Inc.