BlueCat Networks Ranked One of the Fastest Growing Technology Companies in Canada in the Deloitte Technology Fast 50™

Fourth Appearance on the Deloitte Technology Fast 50™ Highlights
BlueCat Networks’ Sustained Growth

Toronto, Canada – October 19, 2011 – BlueCat Networks, the IPAM Intelligence™ company, that it is ranked among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. This year marks BlueCat Networks’ fourth appearance on the prestigious Deloitte Technology Fast 50™.

BlueCat Networks’ consistently strong annual revenue growth earned the company rankings in both the 2009 Deloitte Technology Fast 50 and Deloitte Fast 500 as one of North America’s fastest growing companies. In 2006, BlueCat Networks received the Deloitte Technology Fast 50 ™ Companies-to-Watch award, which honours younger, promising Canadian tech companies.

For 14 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50™ augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.

“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery,” said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “BlueCat 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.”

“Our consistent revenue growth is a testament to the outstanding IPAM solutions, services and support we provide to customers worldwide,” said Michael Hyatt, CEO and co-founder, BlueCat Networks. “We deliver our innovative solutions through a global network of dedicated channel partners, distributors and strategic alliances who I’d like to thank for sharing in this achievement. I’d also like to thank our employees for all of the things they do every day to drive our continuing success. With growing demand for smart, simple, scalable IP Address Management solutions to support strategic IT initiatives like the transition to IPv6, virtualization and the cloud, BlueCat Networks is uniquely positioned for future growth.”

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.

BlueCat Networks’ IP Address Management solutions provide an essential technology for helping organizations transition to IPv6, reduce IT management costs, launch new IP-dependent services including virtualization and clouds, and manage network growth and change.

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 four distinct categories including the Technology Fast 50TM 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™ 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™ 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, Wellington Financial, TMX Group, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.

About BlueCat Networks
BlueCat Networks is a leading provider of smart, simple, scalable IP Address Management (IPAM) solutions. With tightly-integrated IP core services, our software solutions give organizations the power to centrally manage “everything IP” in their network from a single pane of glass. The result is a dynamic network that is more resilient, cost effective and easier to manage.

Rated in the highest “Strong Positive” category in the Gartner 2011 MarketScope for DNS, DHCP and IP Address Management, BlueCat Networks’ feature-rich and future-ready solutions have helped Global 2000 companies and government agencies reduce costs and solve today’s most critical IT challenges – from accelerating the rollout of new services and optimizing core services in the branch office to data center virtualization and consolidation. We also help organizations manage growth and change by easing the transition to new technologies such as IPv6 and DNSSEC. For more information, visit https://bluecatnetworks.com.

Proteus, Adonis, IPAM Intelligence, IPAM for Everyone and BlueCat Networks are trademarks of BlueCat Networks, Inc. and/or BlueCat Networks (USA) Inc.  Other products mentioned herein may be trademarks and/or registered trademarks of their respective owners.