News Release: Deloitte names Magnet Forensics 1 of 2013’s Companies-to-Watch

Magnet Forensics, the global leader in the development of digital forensic software for the recovery and analysis of Internet evidence from computers, smartphones and tablets, today announced they have won a Companies-to-Watch Award, as part of the annual Deloitte Technology Fast 50™ Awards for its innovative technology, management expertise and early stage growth.

The Companies-to-Watch Award honours early-stage Canadian technology companies in business for less than five years. These companies exemplify many of the winning characteristics of Deloitte Technology Fast 50 ranked companies, which are judged based on the potential they show for future growth.

“Companies-to-Watch are outstanding businesses that show high growth show potential,” said Richard Lee, Deloitte’s National Managing Partner, Technology, Media & Telecommunications. “Companies-to-watch winners often rank in the Deloitte Technology Fast 50 once they have a five-year track record. They are the future technology leaders of Canada.”

Magnet Forensics’ CEO, Adam Belsher, credits the company’s early stage success to a talented team focused on delivering an innovative digital forensics solution—Internet Evidence Finder (IEF)—that enhances the investigative capabilities of public and private sector customers.

“We are honoured to be named one of Deloitte’s Companies-to-Watch,” said Magnet Forensics’ CEO, Adam Belsher, “This award recognizes the hard work and dedication of our team. We’re thankful for the success we’ve achieved, and we’re incredibly proud to be contributing to the important work done by our customers who use our solutions to fight crime, enhance public safety, protect companies from fraud and theft, and ensure workplace safety and respect for their employees.”

To qualify for the Companies-to-Watch Award, candidates must have been operating less than five years. They must also be headquartered in Canada and devote a significant portion of their operating revenues to creating proprietary technology and/or intellectual property.

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 50 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 and innovation within the industry) 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, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.