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  • Kitchener-Waterloo, ON

Desire2Learn Receives Deloitte Technology Fast 50 Award

Press Release

Desire2Learn is named one of Canada's fastest growing technology companies in the 2006 Deloitte Technology Fast 50 program

Desire2Learn Inc., a world-leading provider of mission-critical enterprise eLearning solutions has been named to the prestigious Deloitte Technology Fast 50. This annual program recognizes excellence, innovation, and the fastest growing technology companies in Canada. Rankings are based on percentage growth in fiscal year revenues over a five year period, up to and including 2005.

Desire2Learn’s 2,117% increase in revenues was driven by client success, and resulted in an 18th place ranking in the Deloitte Technology Fast 50. This is a remarkable accomplishment for a 7 year old, self-funded company.

“The Deloitte Technology Fast 50 companies have shown the strength, vision, and temerity to succeed despite a very challenging technology environment,” said John Ruffolo, National Leader, Technology, Media & Telecommunications, Deloitte. “We applaud the successes of Desire2Learn and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.”

“Desire2Learn is honoured to receive such a high profile award,” said John Baker, Desire2Learn President and CEO. “Our ability to innovate and drive such rapid and sustainable growth over the past five years, has resulted from significant client-driven research and development, collaboration, and a fantastic culture with many talented people. Desire2Learn’s achievement is truly a measure of our clients’ success.”

Winners of the ten regional technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit www.fast50.ca or www.fast500.com  Desire2Learn elected to be excluded from the Fast 500.

About Desire2Learn Inc.

Desire2Learn, Inc. is a world-leading provider of mission-critical enterprise eLearning solutions empowering academic and other organizations to realize their vision for teaching and learning. Desire2Learn clients include colleges, universities, K-12 schools, as well as associations and other leading organizations. There are more than 4 million users of Desire2Learn eLearning technology worldwide. Founded in 1999, Desire2Learn is headquartered in Kitchener-Waterloo, Ontario. For more information, please visit: http://www.Desire2Learn.com

About Deloitte

Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 6,200 people in 50 offices. Deloitte operates in Qu�bec as Samson B�lair/Deloitte & Touche s.e.n.c.r.l. The Firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu.

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

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Simone Moreau
Desire2Learn Inc.
(519) 772-0325 ext. 382
PR@Desire2Learn.com