Calgary, AB – April 27, 2009 – (TSX:HEM) Hemisphere GPS’ 2008 revenues has again landed the company a spot on the Branham 300 List. With revenue growth of 35 per cent, Hemisphere GPS moved up 17 positions from last year to be ranked as 52nd among the Canadian Information Technology (IT) elite.
The Branham Group also recognized Hemisphere GPS as a Top 25 IT Hardware and Infrastructure Company in Canada.
“It is great to be on the list and even better to see our rank improving every year,” says Steven Koles, President and CEO of Hemisphere GPS. “We continue to build on our success and to focus on future growth through the ongoing development of leading technology, customer prospects and new markets.”
The Branham 300 is the most comprehensive source on the health of the Canadian IT industry and holds a solid 15 year reputation as a benchmark for technology firms. The annual rating is published in the April/May issue of Backbone Magazine, as well as The Globe and Mail.
In addition to the Branham 300, Hemisphere GPS recently received several other awards including: the ASTech Leadership Foundation Award; the Innovation Award for New Technology for Western Canada; the Canadian Manufactures and Exporters (CME) Innovation award; Alberta Venture’s Fast Growth 50; the Canadian National Research Council Technology Excellence award; and the Deloitte Technology Green 15 Award.
About Hemisphere GPS
Hemisphere GPS designs and manufactures innovative, cost-effective GPS products for positioning, guidance, and machine control applications in agriculture, marine and other markets. The Company holds numerous patents and other intellectual property and owns leading brand names, including Outback Guidance® and BEELINE®, two of the leading brands in precision GPS for ground agriculture. The Company is headquartered in Calgary, Alberta, with major product development, sales, and marketing facilities in Arizona, Kansas, Texas, and Australia. Hemisphere GPS trades on the Toronto Stock Exchange under the symbol “HEM” and is a component of Standard & Poor’s TSX SmallCap Index. For more information about Hemisphere GPS, please go to www.hemispheregps.com.