Mississauga, ON – Sept. 30,  2005 – BorderWare Technologies Inc., the leading provider of messaging security solutions, announced today that it has been named to Deloitte’s prestigious Companies-to-Watch award.  This annual awards program identifies the next generation of technology overachievers in conjunction with the Deloitte Technology Fast 50 awards program that recognizes excellence, innovation and the fastest growing tech companies in Canada.  Rankings are based on percentage of growth in fiscal year revenues over five years, from 2000–2004.

The Deloitte Fast 50 is a prestigious annual awards program honouring technology companies that rally behind innovation, break down obstacles and systematically defy the odds.  This year, to reflect the dynamic changes in the tech sector in Canada, Deloitte has introduced several new award categories for sector leadership, sustained excellence, and next generation technology overachievers.  These awards, including the Companies-to-Watch category which was introduced to identify the real up-and-comers in technology today, expand beyond recognizing only financial performance to take into account other business practices such as quality of management, competitiveness, market size, strong intellectual property, and a range of financial performance measures.
 
"Being named to Deloitte’s Companies-to-Watch program is a prestigious honour for BorderWare," said Tim Leisman, President & CEO, BorderWare Technologies Inc.  "This tribute clearly demonstrates that Deloitte recognizes our solid and consistent record of growth, affirms that we are an emerging leader in the software industry, and acknowledges BorderWare’s superior technology offerings in messaging security."

“Deloitte has taken a new approach to the Fast 50 program to recognize that as the tech sector in Canada develops, the dynamics are changing,” said Garry Foster, National Director, Technology, Media & Telecommunications, Deloitte. “Deloitte applauds BorderWare for placing as a Company-to-Watch and having the long-term vision to develop technologies that change the way we work and play.”

Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies.  For more information on the Fast 50 or Fast 500 programs visit www.fast50.ca or www.fast500.com.