LONDON, Ontario -

In light of its significant growth, CarProof recently earned recognition on Deloitte’s 2011 Technology Fast 500 list, honoring the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

The company also grabbed a spot on Deloitte’s Technology Fast 50 list, a distinction given to the fastest technology firms in Canada.

CarProof said it ranked No. 103 on the Technology Fast 500 list. Furthermore, this marks the third straight year the company has earned one of the 50 spots on the Canadian list.

“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery,” stated Richard Lee, national leader of the technology, media and telecommunications industry group at Deloitte. "CarProof Vehicle History Reports is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come.”

Holden Rhodes, CarProof co-owner and executive vice president, added: “Day-to-day, you focus on making good decisions that will benefit your customers and on a product that makes a difference in their business or in their lives.

“Whether that means saving them money, or helping ensure their vehicle is safe, we’re proud of what we do and the people at CarProof that make it happen. Being acknowledged and part of this esteemed list is certainly evidence of our hard work and strong customer focus,” Rhodes added.