Searidge Received Deloitte Technology Fast 50TM Companies-to-Watch Award

Searidge Technologies Chosen one of Canada’s select “Companies-to-Watch” in the 2009 Deloitte Technology Fast 50TM Awards

Gatineau, Quebec - October 1, 2009 — Searidge Technologies won a coveted Companies-to-Watch Award, one of four separate awards categories that make up the 2009 Deloitte Technology Fast 50TM Awards, the preeminent technology awards program in Canada.

The Companies-to-Watch Award honours early-stage Canadian technology companies who exemplify many of the winning characteristics of Deloitte Technology Fast 50TM ranked companies, which are judged using a longer track record. To win the award, companies must display the kind of management expertise and superior technology that mark a successful early-stage company poised for continued growth.

“Companies-to-Watch award winners frequently go on to score high rankings in the Deloitte Technology Fast 50TM once they have a five-year track record,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Searidge Technologies has quickly distinguished itself for its innovative technology and entrepreneurship and this award recognizes its potential as a future leader in the Canadian technology industry.”

Searidge Technologies' CEO, Moodie Cheikh, credits the hard work and dedication of Searidge employees in transforming the Searidge vision into solutions that are used by the world’s most advanced Air Navigation Services Providers. Searidge has built itself as the leader in providing Intelligent Video solutions to the air traffic control and airport operations industry, with key customers such as NAV CANADA, the Federal Aviation Administration in the United States, and Deutsche Flugsicherung (DFS) in Germany.

“We are honoured that Deloitte has recognized the hard work of Searidge”, says Moodie Cheikh, “Our industry is going through significant change with worldwide modernization happening, Searidge is well positioned to provide the industry with new and innovative intelligent video solutions that will help the industry to realize its aggressive goals.”

About the Deloitte Technology Fast 50TM - The Deloitte Technology Fast 50TM program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50TM Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50TM candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15TM Awards (Canada’s leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, RBC, Wellington Financial, Stonewood Group, HKMB Hub, CATAAlliance, CleanTech Group, IGLOO, ITAC, MaRS and Microsoft. For further information, visit www.fast50.ca.

About Searidge Technologies Inc. - Searidge Technologies provides Intelligent Video solutions and services to Air Traffic Control Providers and Airports which directly impact safety and expediency of traffic throughout the airport surface. IntelliDAR, Searidge’s flagship platform, is the first operational system of its kind in an air traffic control tower, and provides surface detection and tracking of all targets moving on the tarmac. Other solutions range from augmentation of A-SMGCS, gate management, ATC-Grade video system, and automated weather observation. Searidge solutions are installed in sites throughout Europe, Middle East and North America. Founded in 2001, Searidge is a privately held company based in Canada's Capital region.

For more information, or to schedule an interview, please contact:

Searidge Technologies Inc.

Thuan Nguyen
Tel: 1-819-576-1030 ext. 309
Toll Free: 1-866-799-1555
e-Mail: thuann@searidgetech.com
www.searidgetech.com