TORONTO, ONTARIO — (Marketwired) — 11/14/14 — TransGaming Inc. (TSX VENTURE: TNG)
TransGaming today announced it ranked 390th on Deloitte–s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America based on percentage growth over a five year period. TransGaming grew 199% percent between 2009-2013.
TransGaming–s CEO & President, Vikas Gupta, credits technology innovation and a forward-looking vision with the company–s 199% revenue growth. Gupta said, “The fastest growing companies in North America are innovators and agents of change, demonstrating the ability to anticipate future trends and stay ahead of the curve. At TransGaming, defining the future is inherent in our culture and our entire company philosophy is based on the delivery of entertainment experiences on next generation platforms and devices. Our teams are the best and the brightest and make magic happen everyday and we look forward to this characteristic accelerating our growth further.”
“Technology Fast 500 winners achieve success and strong growth as a direct result of their leadership and commitment to innovation,” said Pascal Lamoureux, Partner and Leader for Deloitte–s Fast 50 program. “They make significant contributions to the evolution of the technology industry.”
Overall, 2014 Technology Fast 500 companies achieved revenue growth ranging from 136 percent to 123,678 percent from 2009-2013, with an average growth rate of 1,646 percent.
About Deloitte–s 2014 Technology Fast 500
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
About TransGaming
TransGaming Inc. (TSX VENTURE: TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world–s leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming–s core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Discover more at: .
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Contacts:
TransGaming IR Contacts
Jean-Francois (JF) Dube
Investor Relations – Canada
+1 (855) 630-8475
Glen Akselrod
Investor Relations – United States
+1 (905) 326-1888
TransGaming PR Contact
Sean Karoonian
TransGaming, Inc.
Director of Marketing
+1 (416) 979-9900 x395
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