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Ottawa's Fidus Reaps Best-ever Third-quarter Revenues
November 20, 2006 |Estimated reading time: Less than a minute
Fidus Systems reports a 33 percent increase in third-quarter revenues, over the same period last year."We've added 11 new customers and signed 43 contracts for electronic design services since July," says Fidus President, Michael Wakim. "Fidus is designing products for video, aerospace, wireless, and industrial controls, just to name a few. I'm pleased that we are broadening our customer base, both geographically and technologically."
Recently named one of Ottawa's Top 10 Employers, Fidus continues to expand. The company has increased its Canadian staff by nearly 10 percent since July and launched an electronic engineering design centre in Toronto.
Fidus backgrounder:
Fidus supplies expert-level electronic designs for industrial control systems, transportation, consumer products, telecommunications equipment, aerospace, defence and biomedical instrumentation - and more. Fidus provides complete, turn-key product development, or targeted design of architecture, hardware, FPGA, RF, software / firmware, printed circuit board layout and high-speed signal integrity analysis. Its customers include start-ups, SMEs and multinationals in San Jose, Boston, New York, Ottawa, Montreal, Winnipeg, Vancouver and Toronto. www.fidus.com