For the Third Consecutive Year, AcuityAds is
Recognized as a Growth Leader Amongst North American Technology
Companies
TORONTO and NEW YORK, Nov. 16,
2016 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT)
("AcuityAds"), a technology leader that provides targeted digital
media solutions enabling advertisers to connect intelligently with
audiences across video, mobile, social and online display
campaigns, today announced that it has been named in Deloitte's
2016 Technology Fast 500™ in North
America, and Deloitte's Fast 50™ in Canada, as one of the fastest growing
technology companies for the third year in a row. The list
highlights Acuity's position as a boundary-pushing leader in the
North American technology scene in another year of significant
growth and milestone achievements for the Company.
The Deloitte Technology Fast 500™ and Fast 50™ rankings follow
the Company's strong Q3 2016 financial results, which were released
on November 8, 2016 reporting
$8.87 million in quarterly revenue, a
62% year over year increase.
"We're extremely proud to be recognized again as one of the
fastest growing technology companies in North America," stated Tal Hayek, founder and CEO, AcuityAds. "This has
been another year of significant growth for our company. I would
like to personally thank both our world-class team of professionals
and our valued customers and partners that helped us realize this
significant achievement for the third year in a row. With the
continued support of our customers and partners from around the
globe, we look forward to continuing this momentum into 2017 and
beyond."
This announcement follows Acuity's recent ranking in another
Canadian technology shortlist, The Canadian Innovation Exchange
(CIX). CIX, a program designed to showcase Canada's hottest and most innovative public
technologies, ranked AcuityAds in the top 20 public Canadian
technology companies just last week.
The Technology Fast 500™ and Fast 50™ programs celebrate
technological innovation, entrepreneurship, leadership and rapid
growth. For 18 years, the program has recognized private and public
Canadian companies that represent a variety of industry sub-sectors
– from hardware to digital media. Technology Fast 500™ and Fast 50™
companies are on the cutting edge of innovation, transforming
business and pushing the world forward.
More information on the 2016 Deloitte Fast 500™ list here:
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2016-fast-500-winners-by-rank.pdf.
More information on the 2016 Deloitte Fast 50™ list here:
https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/technology-media-telecommunications/ca-en-fast-50-winners-2016.pdf
The Company also announced that it granted an aggregate amount
of 50,000 stock options on November 8,
2016 to a consultant of the Company that is providing
Investor Relations services in accordance of the provisions of the
Company's Stock Option Plan, subject to approval of the TSXV. Each
option entitles the holder to purchase one common share of the
Company at an exercise price of $1.94
for a period of five years. The options granted will vest in four
equal instalments over the next 12 months.
About AcuityAds
AcuityAds is a technology company that
enables marketers to connect intelligently with their most
meaningful audiences through digital media. A Self-Serve
programmatic marketing platform, powered by proprietary machine
learning technology, is at the core of its business, accompanied by
a patented solution for mobile targeting that leverages social
data. AcuityAds empowers marketers by offering transparency on
costs and brand safety, and real-time reporting and analytics,
bringing accountability to programmatic advertising to deliver
business results.
AcuityAds is headquartered in Toronto, Canada with
sales offices in New York
City, Boston, Chicago, Los Angeles, San
Francisco, San Diego, Vancouver, Calgary and Montreal. For more
information, visit AcuityAds.com.
Disclaimer in regards to Forward-looking
Statements
Certain statements included herein constitute
"forward-looking statements" within the meaning of applicable
securities laws. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered
reasonable by management at this time, are inherently subject to
significant business, economic and competitive uncertainties and
contingencies. Investors are cautioned not to put undue reliance on
forward-looking statements. Except as required by law, AcuityAds
does not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new
information or future events.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE AcuityAds Inc.