VANCOUVER, B.C. — Westport Innovations was recognized for its work in alternative fuel transportation technologies with a Leadership Award, as part of the 2008 Deloitte Technology Fast 50 Awards Program.
The Leadership Award is one of four categories that make up the Fast 50 Awards Program. To qualify for the Leadership Award, candidates must be headquartered in Canada and devote a significant portion of their operating revenues to creating proprietary technology or intellectual property.
“The Technology Fast 50 Leadership Award celebrates the elite companies in the Canadian technology sector,” said John Ruffolo, National Leader, Technology, Media and Telecommunications Industry Group, Deloitte. “Deloitte salutes the outstanding accomplishments of Westport Innovations Inc., whose ability to create a distinct competitive advantage in a high-growth market will likely result in it joining the ranks of other Canadian companies that have grown into global leaders.”
Deloitte Technology Fast 50 Leadership Award candidates are judged on their ability to create a competitive advantage in a high growth market. Awards are presented to Deloitte Technology Fast 50-ranked companies that demonstrate technological leadership in four industry subcategories: emerging technologies, hardware/semiconductor, software, and telecommunications.
Westport is a global supplier of proprietary solutions that allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and biofuels such as landfill gas. Cummins Westport — Westport’s joint venture with Cummins — manufactures and sells the world’s broadest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses.
The LNG engines have made inroads in California, thanks in large part to the Clean Ports Program and the subsequent financial support for meeting strict environmental criteria.
Westport was also named on the 2008 Deloitte Technology Green 15 unranked listing honoring 15 companies creating innovative, important, and economically viable intellectual property in the burgeoning field of green technology.
“To be successful, we need to map out complete solutions for problems that our future customers haven’t even recognized yet,” said David Demers, CEO of Westport Innovations. “With the support and encouragement of our customers, partners, and policy makers over the past decade, alternative fuel vehicles incorporating our engines and technologies are no longer just an environmental dream, but are now seen as a critical part of our global economic future.”
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