Vivonet Awarded Ready to Rocket Award for Third Consecutive Year

Vivonet recognized as one of 25 private B.C. companies best positioned to capitalize on technology trend resulting in growth that outpaces the technology industry.

Vancouver, Canada, January 31, 2009 --(PR.com)-- For the third year in a row, Vivonet Inc. has been named on the ‘Ready to Rocket’ list. The "Ready to Rocket 25" list names twenty-five private B.C. companies who are best positioned to capitalize on the information technology (I.T.) trends that will contribute to faster growth than the I.T. sector as a whole. Collectively, the Ready to Rocket 25 companies experienced a median growth rate of 50%, and an average growth rate of more than 100%.

“Each year when we choose the Ready to Rocket companies, we are looking for those companies that have best matched technical innovation with market opportunity. Vivonet is an excellent example of the right technology for the right customers at the right time.” said Reg Nordman, Managing Partner, Rocket Builders.

Vivonet provides point-of-sale devices to the restaurant and retail industry. Connected via the Internet, customers are able to analyze sales results in real-time and adjust their tactics appropriately.

“This award is symbolic of the impact that we’re having on our customers. A the leaders in the Software-as-a-Service model for the restaurant and retail industry, we’ve helped customers who traditionally could not afford the benefits of technology to grow and prosper, even in a tough economy,” commented Ryan Volberg, CEO of Vivonet. “Like us, our customers are growing faster than their industry averages as well. And, as long as we remain focused on providing the have-not segment of the retail market with solutions that allow them to compete with their largest competitors, our business will continue to deliver impressive results.”

About Ready to Rocket:
Ready to Rocket is a unique business recognition list that profiles technology companies with the greatest potential for revenue growth. Each year, based on analysis of trends that will drive growth in the information technology sector, Rocket Builders identifies twenty-five (25) private companies that are best positioned to capitalize on the trends for growth. This selection methodology has been an accurate predictor of growth with "Ready to Rocket" companies exceeding the industry growth rate. Also, many of these companies raise investment capital and each year many of the profiled "Ready to Rocket' companies are acquired.

About Vivonet:
Established in 1999, Vivonet is an on-demand solutions provider that enables, acquires and organizes millions of transactions every month for customers in the hospitality and retail sectors across Canada and the United States. Vivonet provides an on-demand enterprise management, POS, payment processing and performance benchmarking solutions for its customers. Vivonet’s unique ability to aggregate the transaction data created by its customers allows their customers to benchmark their performance against other users and the industry at large – leading to better performance and higher business success rates. Vivonet’s data and transaction processing platform is certified to the CISP Service Provider Level 1 security compliance standard.

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Halo (Vivonet)
Brad Brooks
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www.myhalo.com
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