press release : 19 November 2007

Intellection wins 2nd Deloitte Technology Fast 50 award

For the second year in a row Intellection has been ranked amongst the 50 fastest growing technology companies in Australia. This year, Intellection has ranked 4th in Queensland (24th overall) sustaining better than 311 per cent revenue growth over the last three years.

The Deloitte Technology Fast 50 ranks the 50 fastest growing technology companies, public or private, based on percentage revenue growth over three years (2005-2007) and includes all related industry sectors: communications; software; semiconductors, components and electronics; life sciences; internet; and computer peripherals.

Brisbane based Intellection are developers and suppliers of QEMSCAN® integrated solutions for the automated, quantitative analysis of minerals, rocks, metals and other compounds. The company’s solutions and services are focussed on supporting organisations operating in exploration, production, environmental monitoring and rehabilitation activities in the Mining and Oil & Gas industries.

Intellection CEO, Calvin Treacy said that the significant growth was a result of building a company based on great Australian technology on the world stage.

"Intellection continues to grow through a committed program of focussed sales, marketing, support, product innovation and integrated business systems.

"This commitment continues to drive our growth, and as we open direct offices in the UK, US and Chile we expect to continue this rapid expansion."

Deloitte Technology, Media and Telecommunications partner, Ms Julia Bickerstaff, said the growth of Intellection has been astounding.

"Managing growth is challenging for many organisations, but Intellection has achieved exceptional growth during a downturn in the technology sector.

"With the global tech sector recovery, Australia is leading the region and the future is looking very bright for Intellection."

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