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Pandell News - Feb 18, 2010

Pandell Named to Alberta's Top Growth Champions Under $20M

Pandell Technology Corporation Ranked 15th in Alberta Venture's 2010 Fast Growth 50 List

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Calgary, AB, February 16th, 2010 – Pandell Technology Corporation announced today that it achieved a 15th place ranking in Alberta Venture’s Fast Growth List of companies with revenue under $20 million. Recognized among 25 companies in its category, Pandell is identified for its significant growth in revenue, assets, net earnings and employees over a three-year period.

"We’re pleased that the company has achieved strong performance despite the challenging economic climate in Alberta," says Greg Chudiak, President and CEO. “It’s a great testament to the hard work and solid strategies we’ve put in place to deliver industry-leading products and services to our customers.”

Pandell was profiled in the January issue of Alberta Venture Magazine and was recognized among its peers during a reception held February 10th at the Matrix Hotel in Edmonton.


The businesses that make the Fast Growth 50 List represent small and large businesses that serve world markets as well as local ones and operate in cities as well as smaller centers. Collectively they work in a range of industries including information technology, real estate development and manufacturing, as well as business, financial and oilfield services.

About Pandell Technology Corporation

Pandell is a software solutions company that delivers industry specialized software products and business services. For oil and gas companies, Pandell offers its NexusSuite™ of oil & gas software products and its NexusWorkforce™, oil & gas accounting services. For enterprise organizations, Pandell builds and manages PLISolutions™, large-scale, web-based applications delivered on Pandell's advanced technology. With its industry expertise and proprietary Pandell Liquid Intelligence™ technology ("PLI"), the company delivers the most modern, affordable software solutions to its clients. The company has achieved rankings on Branham's Top 300 Technology Companies in Canada, Alberta Venture™ Fast Growth 50 List, and Calgary Inc™ Best Places to Work.