Phoenix Interactive Design Inc. Once Again Named One of Canada’s Fastest Growing Technology Companies in 2006 Deloitte Technology Fast 50 Program.

For the second year in a row Phoenix Interactive Design Inc. has been named to Deloitte’s prestigious Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada. Phoenix Interactive was ranked 36th overall in this year’s Fast 50. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2001-2005.

“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 Phoenix Interactive Design Inc. and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.”

Phoenix Interactive’s CEO Kyle MacDonald credits superior products and excellent customer service with the company’s revenue growth from 2001-2005. “To garner recognition from Deloitte validates our mission of providing financial institutions worldwide with the software they need to rejuvenate their self-service channels. We have experienced significant growth as a result of the high demand for top notch software and for executing with excellence. Our software enables financial institutions worldwide to regain control of their ATMs and offer an expanded menu to its customers.”

“Making Deloitte’s Technology Fast 50 is a testament to a company’s vision that has resulted in exceptional growth over 5 years. Phoenix Interactive Design Inc.’s leadership team has the right stuff for growth, and Deloitte salutes their accomplishments.” added John Ruffolo.

About Phoenix Interactive Design, Inc.

London, Ontario-based Phoenix Interactive Design Inc. provides Windows™-based multi-vendor ATM operating software to the financial services industry that, because it successfully interfaces with the major ATM hardware manufacturers, maximizes profitability in self service channels by providing financial institutions with software independence. Phoenix’s software provides its customers with the ability to separate purchasing decisions, allowing for greater negotiating power at the vendor level. For more information, please contact: Marlene Goncalves, Phoenix Interactive Design @ (519) 679-2913 or email marketing@phoenix-interactive.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 Québec as Samson Bélair/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.
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