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

Feb 16 2010 | Corporate

Calgary, AB – (February 16, 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.

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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.