Continued growth brings national ICT community recognition.
OTTAWA, June 27, 2019 /CNW/ - Martello Technologies
Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a leading
provider of solutions that deliver clarity and control of complex
IT environments, announced today its inclusion in the 2019 edition
of the widely respected Branham300 listing of Canada's top ICT (Information and
Communications Technology) companies. The company has moved up the
list 20 spots after being ranked number 235 in 2018.
Moving up to position 215, Martello is honoured to be among the
country's top performing companies by revenue in the
26th year of the comprehensive listing of publicly
traded and privately held ICT companies in Canada. This year's edition of the Branham300
recognizes year over year revenue growth for the 2017 and 2018
fiscal years.
"In the last year Martello has reached some significant
milestones including becoming a publicly traded company and
the acquisition of Amsterdam-based
Savision," said John Proctor,
President and CEO of Martello Technologies. "We are delighted and
humbled to be recognized by Branham300 for the second year in a
row, and our upward movement on the listing recognizes our recent
growth. Martello will continue to lead the industry with solutions
that manage network quality and performance to help keep people
connected."
Branham Group, a global ICT industry analyst and strategic
marketing company, tracks thousands of companies throughout the
year, and its annual Branham300 ranking is the most well-known and
referenced listing of Canada's ICT
leaders. The companies on the Branham 300 Top 250 list generate
more than half of the nation's ICT sector revenue.
"Martello's solid track record demonstrates continued growth in
the ICT industry," Wayne Gudbranson,
CEO of Branham Group said. "It's no surprise that we're recognizing
their achievements for the second year in a row, as they continue
to exemplify Canadian technology leadership."
Martello's solutions have been widely acclaimed in the industry.
In September 2018, Martello received
a Frost & Sullivan Leadership Award for NPM (Network
Performance Management) and ranked as Ottawa's Fastest Growing Company, at No. 28 on
the Growth 500 list of Canada's
Fastest Growing Companies. The Company has expanded its solution
portfolio with several acquisitions, and recently provided a
business update on its market and channel expansion, product
innovation, acquisitions and capital market activities.
About Martello Technologies Group
Martello Technologies Group Inc. (TSXV: MTLO) is a technology
company that provides clarity and control of complex IT
infrastructures. The company develops products and solutions that
monitor, manage and optimize the performance of real-time
applications on networks, while giving IT teams and service
providers control and visibility of their entire IT infrastructure.
Martello's products include SD-WAN technology, network performance
management software, and IT analytics software. Martello
Technologies Group is a public company headquartered in
Ottawa, Canada with offices in
Montreal, Amsterdam, Paris, Dallas
and New York. Learn more at
http://www.martellotech.com
FORWARD LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and
uncertainties. Actual results could differ materially from those
anticipated in such forward-looking statements as a result of
numerous factors, some of which may be beyond the Corporation's
control. These factors include: general market and industry
conditions, risks related to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management on the date the statements
are made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Martello Technologies Group