Aug 22, 2002 : Burntsand Named to Fast 50 List

📅 August 22, 2002 - E-business solutions integrator Burntsand Inc. (burntsand.com) announced on Thursday that it has been named one of Canada's 50 fastest growing firms in Deloitte and Touche's annual Fast 50 list, for the second consecutive year.

"Our experience shows that successful growth companies are distinguished from others by their ability to recognize the importance of identifying long term goals and deploying clear strategies to achieve these goals," said Garry Foster, national director, Technology, Media & Telecommunications, Deloitte & Touche. "When almost a third of companies make it back on the list, posting consistent revenue growth of the scale required to place in the Canadian Technology Fast 50, this is evidence of the strong business fundamentals employed by many in the Canadian technology sector. The continuation of this trend in the face of the lengthy downturn in global technology markets, speaks volumes for the viability and prosperity of Canadian technology companies."
"I am very pleased that Burntsand continues to rank among the best in Canadian industry," commented Burntsand Chairman and CEO Jim Yeates. "It is easy to lose sight of positive steps during this current cycle of market turmoil and downturn. It is important to understand that this is a repeating cycle and that historically, there has been a substantial recovery to every downturn experienced in the IT Services industry, it's a question of the cycle length and when the recovery begins."

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