Triant Technologies Inc.
20 Townsite Road, 2nd Floor
Nanaimo, British Columbia
Canada V9S 5T7
TRIANT
Tel: 250.754.4223
Toll Free: 800.663.8611
Fax: 250.754.2388
e-mail: mail@triant.com
CONTACTS:
Robert Heath, Chairman & CEO / Mark Stephens, CFO
Triant Technologies Inc.
250.754.4223
mail@triant.com
FOR IMMEDIATE RELEASE
TRIANT TO BE NAMED ONE OF CANADA’S FASTEST GROWING TECHNOLOGY
COMPANIES IN 2003 DELOITTE & TOUCHE CANADIAN TECHNOLOGY FAST 50
VANCOUVER, CANADA — August 13, 2003 —Triant Technologies Inc. (TSX: TNT; OTCBB: TNTTF) will be named to the 2003 Deloitte & Touche Canadian Technology Fast 50 program, a ranking of the 50 fastest growing technology companies in Canada. Rankings are based on the percentage of growth in fiscal revenues from 1998-2002 (five-year period).
Triant’s CEO Robert Heath credits a strategic financing, which enabled Triant to establish the market leadership position in Advanced Process Control (APC) for the semiconductor industry, with the Company’s fast growth over the past five years. Mr. Heath said, “Triant is well-positioned to capitalize on the growing demand for APC solutions, which is driven by the ever-increasing complexity in semiconductor manufacturing.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $75,000 CDN in 1998 and $1,000,000 in 2002, be controlled and headquartered in Canada, be a “technology company” defined as owning proprietary technology that contributes a significant portion of the company’s operating revenues and/or devote a significant proportion of revenues to research and development of technology.
Winners of the 20 regional Technology Fast 50 programs in Canada and the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’s 500 fastest growing technology companies. For more information on the Deloitte & Touche Technology Fast 50 or Fast 500 programs, visit www.fast50.ca or www.fast500.com.
About Triant Technologies
Triant Technologies Inc. develops, markets, and supports equipment health monitoring, advanced fault detection and sophisticated data analysis technology. Triant provides innovative APC (Advanced Process Control) software solutions that help its customers improve the productivity of their manufacturing equipment and is focused on the application of its technology primarily to the semiconductor industry and secondarily to other industries. Triant’s core technology is UPM (Universal Process Modeling), a proprietary advanced mathematical algorithm that can be used to model the behavior of any correlated system or process. To address the emerging market opportunity in the semiconductor industry, Triant has developed ModelWare®, an equipment health monitoring and advanced fault detection software solution, based on its core UPM technology. More information about Triant is available via the Internet atwww.triant.com.
About Deloitte & Touche
Deloitte & Touche (www.deloitte.ca) is Canada’s leading professional services firm, providing a full range of assurance and advisory, financial advisory, tax and consulting services through more than 6,600 people in more than 46 locations across the country. We are dedicated to helping our clients and our people excel. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 119,000 people in over 140 countries.