269 per cent revenue growth positions ProntoForms as a market leader
OTTAWA, ON--(Marketwired - November 16, 2016) - ProntoForms Corporation
(TSX VENTURE: PFM), the leading provider of mobile data collection and analytics platforms for
enterprises, is pleased to announce that it has been named one of Canada's 50 fastest growing tech companies in the
19th annual Deloitte Technology Fast 50. ProntoForms earned the honor by delivering 269 per cent in revenue growth
from 2012 to 2015.
The Deloitte Technology Fast 50 program celebrates leaders in the Canadian technology industry and tracks the successful
growth of Canadian-grown leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative, with
winners automatically eligible for this elite ranking.
"We are the leader in a market assessed at more than 42 million subscribers in North America alone. Our rapid growth is a
testament to the quality of our platform, team, and go-to-market strategy," said ProntoForms Founder and CEO Alvaro Pombo. "We
are honored to be recognized by Deloitte, and we look forward to expanding our presence in the growing mobile forms and workflows
space."
"Fast 50 companies are the cutting-edge innovators leading the technology industry in Canada," said Anders McKenzie,
Technology, Media and Telecommunications Managing Partner for Deloitte in Canada. "Their bold vision, unrivaled growth, and true
commitment to innovation allow them to not only improve today's world, but also shape tomorrow's."
As ProntoForms continues to experience rapid growth, it is driving innovation in the market and working with businesses across
industries to help them embrace mobile technology and data-driven enterprise strategies. The innovative, cost-effective
ProntoForms mobile workflow platform leverages customizable mobile forms, contextual collaboration capabilities, and an analytics
and reporting engine -- empowering companies to mobilize business processes for increased productivity, compliance, and service
quality. With ProntoForms' powerful analytics capabilities, businesses are uncovering patterns, eliminating risks, and spotting
business trends faster -- leading to better business outcomes.
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have
revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development
activities in Canada, and invest a minimum of five per cent of gross revenues in R&D.
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 three distinct categories, including the Technology Fast 50 Ranking,
Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a
future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and
innovation within the industry). Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS
Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.
About ProntoForms
ProntoForms is a mobile workflow platform used by more than 3,500 businesses to collect and analyze field data with
smartphones and tablets. Our product delivers an intuitive, secure, and scalable solution for transforming business processes,
with a low total cost of ownership. Our customers harness the solution to increase productivity, reduce cost, improve quality of
service, and mitigate risks.
ProntoForms is the winner of the 2015 Frost & Sullivan Competitive Strategy Innovation and Leadership Award for the Mobile
Forms Industry.
The company trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly
owned subsidiary of ProntoForms Corporation. The director appointment described above is subject to TSX Venture Exchange
approval.