Pandell Makes Top Ten in Alberta’s Fast Growth 50 List

Jan 07 2009 | Corporate

Calgary, AB – (January 07, 2009) Pandell Technology Corporation announced today that it achieved a 9 place ranking in Alberta Venture’s Fast Growth List of companies with growth 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. Pandell executive David Beresford is also featured in an article that highlights the challenges facing top growth performers in 2009.

“We’re pleased that the company has achieved strong performance despite the unsteady 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, affordable products and services to our customers.”

Alberta Venture’s Fast Growth 50 List is a highly anticipated ranking of Alberta-based companies in the over $20 million category and the under $20 million category. The businesses that make the Fast Growth 50 List are Alberta’s growth champions and are setting the pace for the fastest growing economy in Canada. The list is compiled with contributions from KPMG, ATB Financial, Parlee McLaws LLP, Robert Half, TEC Canada and Alberta Venture.

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About Pandell

Pandell is an industry leader in delivering Software-as-a-Service (SaaS) solutions to 500+ energy companies in Canada, the USA, and abroad. Our customers range from startups to major enterprises across energy sectors including oil & gas, pipelines, utilities, mining, and renewable energy. Our cloud-hosted product suite helps finance, land, and field operations run their business more effectively; while our enterprise division builds and manages large-scale web portal applications that facilitate work across organizations. Combining the strength of our industry experience, Lithium™ technology, and practical software subscription model, we are Crafting the Future of Energy Software.