Tantalus’ Societal Contribution and Rapid Growth Recognized by Deloitte Honors


October 25, 2011 – Tantalus, a provider of Smart Grid communications, today announced it has won the prestigious Deloitte Technology Green 15TM Award and been featured in the Deloitte Technology Fast 50TM and Fast 500 TM lists. The Green 15 Award was created in 2007 to showcase the 15 Canadian companies leading the way with breakthroughs in the field of green technology.

Deloitte ranked Tantalus 20th among the Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Canada, and 97th on the Technology Fast 500, a ranking of the fastest growing technology companies across North America. Rankings for both awards are based on the percentage of fiscal year revenue growth during the period from 2006-2010, in which time Tantalus’ revenue grew 1,069 percent.

For more than a decade, the Deloitte Technology Fast 50 program has tracked the growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50, highlights Canadian leaders from the broader Deloitte North American Technology Fast 500 initiative.

Tantalus has experienced rapid growth in the past few years, setting a blistering pace of new customer wins and steadily expanding its product offerings. At a high rate of development that has continued into 2011, Tantalus has increased its customer portfolio and broadened its reach into several new territories across North America including the Northeast, the Rockies and Texas.