DataWave 21st Fastest Growing Technology Company in Canada - Deloitte & Touche 'Canadian Technology Fast 50' Program.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 28, 2000 DataWave Systems Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DWVSF)(CDNX CDNX See Canadian Venture Exchange (CDNX). :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. .) has been recognized as the 21st fastest growing technology company in Canada in the 2000 Canadian Technology Fast 50 Program, an annual ranking by Deloitte & Touche. Rankings are based on the percentage of growth in revenues over a five-year period from 1995 to 1999. Josh Emanuel, DataWave's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. credits the Company's commitment to development and placement of the Company's unique electronic merchandising technologies with achieving a 1,514% revenue growth over the past five years. The Company now sells in more than 2,000 locations that have taken advantage of our intelligent vending solutions. "The DataWave team is dedicated to building and developing relationships with both partners and customers, who have always appreciated the benefits that our unique technologies bring to their business. Because they have played such an integral part in our success, supporting our growing list of customers is our highest priority," emphasized Mr. Emanuel. "In an era where technology companies come and go, making the Deloitte & Touche Canadian Technology Fast 50 is a testament to a company's leadership and its ability to not only have the right solution for that moment in time, but also the vision that allows growth over five years," said Garry Foster, National Director, High Technology and Telecommunications, Deloitte & Touche. "DataWave has proven that they have the right stuff to succeed, and we at Deloitte and Touche salute its accomplishments." For more information on the Canadian Technology Fast 50 Program, visit the Deloitte & Touche web site at www.deloitte.ca. About DataWave (http://www.datawave.ca) DataWave Systems designs, develops, produces, owns and manages a proprietary, intelligent, automated direct-merchandising network, comprised of free-standing intelligent machines (DTMs) and over the counter "swipe" units (OTCs) connected to the gateway and database software through a wireless and/or landline wide area network. This unique leading-edge technology provides for point-of-sale activation, cash/debit/credit card acceptance, detailed reporting and 24/7 remote self-diagnostic troubleshooting, making it virtually maintenance-free. The proven success of the DataWave System has won many prestigious national accounts in the US prepaid calling card market. The company is now poised to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the flexibility of its System by augmenting its strategic partners and product range to meet the diversified and changing needs of the prepaid market. DataWave Systems Inc. John Gunn John Gunn may refer to:
This news release may include statements that constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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