Creo Products Named to British Columbia's Top Tech List
Press release from the issuing company
Vancouver, BC, CANADA - Creo Products Inc. (NASDAQ: CREO; TSE: CRE) has been named number 5 on the T-Net 100, honoring British Columbia's 100 largest private and publicly traded technology companies. The T-Net 100 companies are ranked by revenue as of December 31, 1999. Creo, with fiscal 1999 revenue of Cdn$267 million, ranked fifth behind 360 Networks (Cdn$540 million), PMC Sierra (Cdn$390 million), MacDonald Dettwiler and Associates (Cdn$298 million), and ISM (BC) Corp. (Cdn$279 million). Through its principal operating division, CreoScitex, Creo employs 4,200 people - approximately 1,600 in British Columbia at the Burnaby and Delta offices and manufacturing facilities. CreoScitex also manufactures in Billerica, Massachusetts, USA, and Herzlia, Israel. Distribution units and sales offices are located in more than 30 locations around the world. T-Net British Columbia introduced the T-Net 100 Awards Program last year to recognize the province's top tech companies and to benchmark overall growth in the British Columbia technology industry. The T-Net 100 listing is the latest in a string of honors for Creo. Earlier this week the Burnaby, BC-based company won the Outstanding Achievement in Export Excellence Award, presented by the British Columbia Ministry of Employment and Investment. Last month, Creo won the Burnaby Business Excellence Award for Business Innovation. Creo was also named one of the top technology companies in Canada on the Canadian Business 1999 tech 100. Based in Vancouver, Canada, Creo Products Inc. is a publicly held high-technology com