[November 09, 2017]

Top Hat Named To Deloitte's Technology Fast 50TM

Top Hat, provider of the leading cloud-based teaching platform for higher education, today announced it has been ranked on Deloitte's (News - Alert) 2017 Technology Fast 50™. The Fast 50 program honors 50 Canadian technology companies with the highest revenue-growth percentage over the past four years.

The Deloitte Technology Fast 50 program winners are made up of public and private companies in the technology sector that share common traits and strengths and have transformed the industry. Celebrating its 20^th anniversary this year, the program augments the broader Deloitte North American Technology (News - Alert) Fast 500^TM initiative with winners automatically eligible for this elite ranking. Recognized for its rapid revenue growth, bold innovation and entrepreneurial spirit, Top Hat ranked 36 with 617% in revenue growth from 2013 to 2016.

Top Hat is now used at 75% of North America's leading colleges and universities and reaches millions of students. Top Hat CEO and cofounder Mike Silagadze credits the company's rapid growth to an innovative business model and approach. "Top Hat's all-in-one teaching platform and Marketplace for high-quality, interactive, and affordable educational content address key pain points for educators and students," said Mike Silagadze. "By leveraging the growing popularity of mobile devices and technology in the classroom, we ave touched only the surface of what's possible for interactive content and lecture engagement tools."

"New technologies have disrupted various industries in ways that were unimaginable a few years ago," said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. "Fast 50 winners have led the way and I can't wait to see where they take us next."

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.

For more information or to schedule a demo with Top Hat, please visit tophat.com.

About the Deloitte Technology Fast 50^TM
The Deloitte Technology Fast 50 program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, CBRE, OMERS Ventures and Wellington Financial. For further information, visit www.fast50.ca.

About Top Hat
Top Hat's interactive, cloud-based teaching platform enables professors to engage students inside and outside the classroom with compelling content, tools and activities. Millions of students at 750-plus leading North American colleges and universities use the Top Hat teaching platform. Headquartered in Toronto, Top Hat has been operating profitably since its 2009 launch with $40 million in venture capital funding. To learn more, visit www.tophat.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171109005908/en/

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