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Bonfire Announced as One of Deloitte’s Technology Fast 50™ Program Winners for Second Year

KÜCHENER, Ontario – () Sales growth, entrepreneurship and bold innovation. The program recognizes Canada’s 50 fastest growing technology companies with the highest revenue growth percentage over the past four years. Campfire ranks # 41 with sales growth of 425% from 2017 to 2020.

The Deloitte Technology Fast 50 program winners are comprised of public and private technology companies that have transformed the industry. The program is now in its 24th year running alongside the larger Deloitte North American Technology Fast 500 ™, with winners automatically eligible for this elite ranking.

“We are honored to be recognized again as one of Deloitte’s Technology Fast 50 companies,” said Omar Salaymeh, CEO of Bonfire. “The past two years have been even more focused on rapid innovation as we have adapted to best serve our public sector customers during the COVID-19 pandemic. The driving force behind our sustained, rapid sales growth has undoubtedly been the talent and agility of each individual on the Bonfire team, and this award truly belongs to each of them. ”

“With another year of uncertainty behind us, we are extremely proud to announce this year’s Fast 50 winners,” said Anders McKenzie, partner and national director of the Technology Fast 50 program at Deloitte Canada. “These innovative innovators have demonstrated resilience, a real commitment to innovation, adaptability and corporate governance as we cope with an ever changing new normal. The Nearly 50 companies act as catalysts and drive the growth of Canadian business. ”

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, a turnover of at least 5 million at least five percent of gross sales for research and development.

Via the Deloitte Technology Fast 50 ™ program

The Deloitte Technology Fast 50 program is Canada’s premier technology awards program. The program celebrates business growth, innovation and entrepreneurship and features different categories including the Technology Fast 50 Ranking, Enterprise Fast 15, Clean Technology and Companies-to-Watch. The program also recognizes companies in the North American Technology Fast 500 ranking, which identifies technology companies in the United States and Canada. The 2021 program sponsors include Deloitte, RBC, EDC, Miller Thomson, Clarity Recruitment and Lafond. For more information, visit www.fast50.ca.

About Bonfire Interactive Inc.

Bonfire Interactive Inc. (“Bonfire”) is a business unit of GTY Technology Holdings Inc. and a leader in strategic Procurement and procurement software. Bonfire brings procurement online, ensures 100% compliance, shortens cycle times and improves transparency. With the power of collaborative tools and in-app access to RFP insights and templates (taken from the Bonfire library of over 40,000 projects), Bonfire unlocks the potential of procurement, greater impact for the agencies to achieve, achieve better results and involve colleagues. Hundreds of public procurement teams across North America trust Bonfire’s proven history of customer-centric innovation.

About GTY Technology Holdings Inc.

GTY Technology Holdings Inc. (NASDAQ: GTYH) (“GTY”)) brings together leading government technology companies to achieve a new standard for civic engagement and resource management. Through its six business units, GTY provides an intuitive cloud-based suite of solutions for state and local governments that include procurement, payments, grant management, budgeting and approval functions: Campfire offers strategic sourceg and procurement software to enable safe and legally compliant spending; CityBase provides government payment solutions to connect citizens with utilities and government agencies; eCivis provides a grant management system to maximize grant income and track performance; Open counter Provides Government Payment Software to Guide Applicants through Complex Approval and Licensing Processes; Questica provides budget preparation and management software to help meet financial and non-financial strategic goals; sherpa offers software for the public sector and advisory services.