Waterloo, Ontario — November 12, 2014 — TrustPoint Innovation Technologies, Ltd. has been selected as a recipient of the Deloitte “Companies to Watch” award for 2015.
The award recognizes early-stage technology companies in business less than four years who show strong potential for future growth. The Companies to Watch award is part of Deloitte's larger Technology Fast 50 program, which celebrates Canadian achievement and innovation.
TrustPoint Innovation provides innovative security solutions for the growing Internet of Things (IoT) market, including connected car, vehicle-to-vehicle communications and Near Field Communication (NFC) applications.
“Being selected for the award validates that we are on the right track, not only with our technology, but with our approach to growing our business,” says TrustPoint Innovation President and CEO, Sherry Shannon-Vanstone. “Every day, our team dedicates all of our energy towards building technology that will help to keep millions of people safe — on the roads, with the technology they bring into their homes and in the transactions they make. We are excited to receive an award that recognizes the value and importance of security and the work we do.”
Deloitte has a track record of recognizing companies who have gone on to achieve great success. Notable local past recipients of the Companies to Watch award include Kik Messenger, Axonify, Dejero, Aeryon Labs and Sandvine. Most of these companies have become successful members of the Deloitte Technology Fast 50 Program.
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, Bank of Montreal, Bennett Jones, OMERS Ventures, and Vistara Capital Partners. For further information, visit www.fast50.ca.
TrustPoint Innovation develops innovative products and solutions to address the security needs for the Internet of Things (IoT) and machine-to-machine (M2M) communications markets including connected car, near field communication (NFC) devices, and critical infrastructure applications. TrustPoint Innovation solutions help customers embed the highest standard of security in constrained IoT devices while providing control over identities and authorizations. The TrustPoint Innovation team of experts in cryptography has pioneered the development of efficient security technology used in billions of smart phones, smart grid devices, and other embedded systems around the world today. For further information, visit www.trustpointinnovation.com.