Heliospectra Recognized as 42nd Fastest Growing Company on Deloitte Global's 2016 Technology Fast 500™ EMEA List

News provided by

Jan 26, 2017, 07:14 ET

GOTHENBURG, Sweden and SAN FRANCISCO, Jan 26, 2017 /PRNewswire/ --

Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent horticultural lighting technology, is pleased to announce it has been recognized as the 42nd fastest growing company in Europe, the Middle East, and Africa (EMEA) according to The Deloitte Technology Fast 500™ EMEA program.

Now in its sixteenth year, the Deloitte Technology Fast 500™ EMEA program in 2016 included 28 countries and growth rates from 212% to 28,126%. This year's winners were selected based on percentage fiscal-year revenue growth from 2012 to 2015.

With revenue growth of 2,204% from fiscal year 2012 to fiscal year 2015, Heliospectra was ranked as the 42nd fastest growing company in the Fast 500™ EMEA list. This revenue growth figure also set Heliospectra as the third fastest growing company of the 20 companies in the clean technology sector, which had an average growth rate of 471%.

"Our LED lighting strategies and advanced technology offer customers operating large scale greenhouses and indoor controlled growing environments the ability to produce consistently high yields and quality products year round," said Staffan Hillberg, CEO of Heliospectra.

Heliospectra's LED lights and control solutions enable customers to use the full light spectrum to improve cultivation methods and accelerate the flowering cycles of many plants and vegetables. By increasing the number of harvest cycles achieved each year, customers also accelerate time to market which increases revenue and sustains their businesses' profitability.

For more information on the Deloitte Technology Fast 500™ EMEA, including the full list of company rankings, please click here.

About the Deloitte Technology Fast 500™ EMEA

The Deloitte Technology Fast 500™ EMEA program is an objective industry ranking that recognizes the fastest-growing technology companies in Europe, the Middle East, and Africa (EMEA) during the past four years. The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area.

Join the Heliospectra Conversation