Polar Mobile Wins Deloitte Technology Fast 50 Companies-to-Watch Award

Polar Mobile won the coveted Companies-to-Watch Award, one of four separate awards categories that make up the 2010 Deloitte Technology Fast 50 Awards.

The Companies-to-Watch Award honours early-stage technology companies in business less than five years. These companies exemplify many of the winning characteristics of Deloitte Technology Fast 50 ranked companies, which are judged using a longer track record.

“Companies-to-Watch award winners frequently go on to score high rankings in the Deloitte Technology Fast 50 once they have a five-year track record,” says John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Polar Mobile has quickly distinguished itself for its innovative technology and entrepreneurship and this award recognizes its potential as a future leader in the Canadian technology industry.”

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.

“We are honoured to be included in this year’s ranking among other very accomplished companies”, says Kunal Gupta, Chief Executive Officer, Polar Mobile. “The Polar Mobile team is to credit for their tremendous efforts and dedication into building this into a world-class company in less than three years. We are excited for the next three years!”