"Being named amongst Alberta's 50 fastest growing businesses in 2014 is another great milestone for the company", stated CoolIT Systems CEO & CTO Geoff Lyon. "With many new data centre 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.