CoolIT Systems named a 2015 Alberta Venture Fast Growth 50 Company
The Direct Contact Liquid Cooling leader ranks as 38th fastest growing company in Alberta, Canada.
Calgary, AB January 6th, 2015 — CoolIT Systems, the global expert in Direct Contact Liquid Cooling (DCLC™) technologies, has been named one of the provinces fastest growing businesses, ranking 38th in Alberta Venture magazines Fast Growth 50™ list.
Now in its 15th year, the Fast Growth 50™ program is the most prominent ranking of Albertan businesses with significant growth in revenue, assets, capital expenditures and employees over a three-year period. Produced by Alberta Venture magazine with the assistance of KPMG, this program is one of the most recognized business rankings in the province.
“Being named amongst Alberta’s 50 fastest growing businesses in 2014 is another great milestone for the company,” said CoolIT Systems CEO & CTO Geoff Lyon. “With many new data center operators shifting their focus beyond air conditioning and towards liquid cooling for its efficiency benefits, I believe momentum is on our side for 2015.”
To qualify for the Alberta Venture Fast Growth 50™ ranking, companies must be headquartered in Alberta, Canada and submit supporting financial information. A panel comprised of Alberta Venture editors and experts from program partner, KPMG, determine placement on The Fast Growth 50 list based on each company’s revenue growth, capital expenditures, marketing and R&D budgets. The decision of the panel is based on a holistic picture of company growth.
About CoolIT Systems
CoolIT Systems Inc. is the global leader in Direct Contact Liquid Cooling (DCLC™) for the Data Center and Desktop markets. As an experienced innovator with 44 patents and more than 1.75 million liquid cooling units deployed, CoolIT brings a wealth of design, engineering, and manufacturing knowledge to the table.
CoolIT’s Rack DCLC™ platform is a modular, rack-based, advanced cooling solution that allows for dramatic increases in rack densities, component performance, and energy efficiencies. The technology can be deployed with any server and in any rack making it a truly flexible solution that allows for an edge in today’s highly competitive marketplace.
About the Fast Growth 50™
For the past 15 years, the Fast Growth 50 program has been the most prominent ranking of Albertan businesses with significant growth in revenue, assets, capital expenditures and employees over a three-year period. Produced by Alberta Venture magazine with the assistance of KPMG, this program is one of the most recognized business rankings in the province.
About Alberta Venture
Alberta Venture magazine is where the province’s business community continually turns to for the most up-to-date news, developments and opportunities shaping Alberta business. Twelve times a year, Alberta Venture publishes a must-read magazine filled with exceptional business stories and profiles, detailed industry reports, award-winning photography and helpful information on current business trends. Plus, our comprehensive listings make Alberta Venture a must-have for even the most savvy business insider.