Martello Receives Two 2018 Best Ottawa Business Awards

Martello Technologies Group Inc. accepted two awards from the 2018 Best Ottawa Business Awards (BOBs) for “Deals of the Year: Private Equity” and “Best Business”. The awards were presented at the BOBs gala on Friday, November 16th at the Westin Ottawa.

The BOB awards were given to more than 23 companies in 25 different categories, recognizing a wide range of organizations from diverse industries at the gala amidst VIPs, celebrities, business and community leaders and more than 700 guests.  These awards are organized by the Ottawa Board of Trade and the Ottawa Business Journal and supported by dozens of sponsors, including lead sponsor, the University of Ottawa Telfer, School of Management. They recognize Ottawa’s top businesses as well as the people behind them, and celebrate the history of innovation & entrepreneurship in the National Capital Region.

“We are honoured to recognize Martello as the recipient for ‘Deals of the Year: Private Equity’ and ‘Best Business’,” said Ian Faris, President and CEO, Ottawa Board of Trade. “They demonstrate visionary leadership, innovative thinking and play a vital role in making Ottawa the best place to live, work, study, play and invest. We are privileged to have them in Ottawa.”

Each year, the BOBs present a unique opportunity to celebrate the incredible successes achieved by local companies. These awards capture the business achievements realized across sectors from technology to tourism and disciplines from sales to human resources.  Ultimately, the BOBs create a sense of excitement and momentum in Ottawa’s local economy.

Martello maintains a positive track record in acquisition activity. In November, the company announced the completion of its acquisition of Savision, after having acquired Elfiq Networks in December 2017 and Netvitesse in 2014. The Company’s listing on the TSX Venture Exchange (TSXV) in September followed the closure of an oversubscribed $7.5 million private placement in June 2018.

Additionally, the Company’s solutions have continued to be recognized by the technology industry. In November, Martello was awarded the 2018 Outstanding Information and Communications Technology (ICT) Recognition Award from IEEE Ottawa. In September, Martello received a Frost & Sullivan Leadership Award for NPM (Network Performance Management) and ranked as Ottawa’s Fastest Growing Company on the Growth 500 list of Canada’s Fastest Growing Companies, and in June Martello debuted on the Branham 300 listing of Canada’s top ICT companies.

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