Hifi Engineering is Named in the 2014 Global Cleantech 100’s Ones to Watch List - List Recognizes Upcoming Private Companies in Clean Technology

CALGARY, AB – November 6, 2014: Hifi Engineering Inc., a developer of leading edge fiber optic sensing technologies primarily used to monitor gas and fluid flow in pipelines and oil and gas wells, today announced it was named in the 2014 Global Cleantech 100’s Ones to Watch list, produced by Cleantech Group, whose mission is to connect corporates to sustainable innovation through the i3 market intelligence platform, expert consulting services, and global events. The inaugural Ones to Watch list seeks to highlight a group of upcoming companies that are catching the eye of leading players in the market. They are companies who did not quite have enough market support to make the 2014 Global Cleantech 100 list itself, who have never been on a previous Global Cleantech 100 list, but who clearly carry pockets of strong support among key corporations, investors, and Cleantech Group analysts within the Cleantech Group’s Expert Panel. The Expert Panel consists of an influential group of 84 panelists who help determine the annual Global Cleantech 100 list. The diversity of panelists results in a list of companies that command an expansive base of respect and support from many important players within the global cleantech innovation ecosystem. “Recognition by Cleantech Group is a great honour, and validation that the technology we have commercialized is key component of sustainable innovation in the energy industry” said Steven Koles, President & CEO of Hifi. “We are excited to release a second list under the Global Cleantech 100 program, to recognise 60 other rising stars that, from the process we ran, we can see are catching the attention of some important players in the market,” said Richard Youngman, Cleantech Group’s Managing Director, Europe & Asia and creator of the Global Cleantech 100 program. “We look forward to following their progress, and hopefully seeing some of them graduate to future editions of the Global Cleantech 100.” This year, a record number of nominations for the annual Global Cleantech 100 list were received: 5,995 distinct companies from 60 countries. These companies were weighted and scored to create a short list of 327 companies. Short-listed nominees were reviewed by Cleantech Group’s Expert Panel, resulting in the inaugural Ones to Watch list in addition to annual the Global Cleanteh 100 list. To qualify for the both lists, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
  • The complete list of the Global Cleantech 100’s Ones to Watch list was revealed on November 6th. See the full list at http://www.cleantech.com/indexes/global-cleantech-100/global-cleantech-100-ones-to-watch-3/
  • For complete information on Hifi’s leadership within the cleantech space, access i3 by visiting i3connect.com—Cleantech Group’s leading market intelligence platform—and search for Hifi Engineering.
  • The complete list of Global Cleantech expert panel members is available at http://www.cleantech.com/indexes/global-cleantech-100/2014-panelists/
About Cleantech Group Founded in 2002, Cleantech Group’s mission is to accelerate sustainable innovation. Core to this mission is i3, an online platform that connects corporates with innovation, at scale, by allowing them to find, vet, and connect with start-ups—efficiently building an innovation pipeline. In conjunction with i3, we offer premium Advisory Services for corporates in need of expertise designing and executing strategies for sustainable innovation, and managing the pipeline created in i3. The i3 platform comes to life at our global Events, which convene corporates and start-ups, along with other players shaping the future of sustainable innovation. Cleantech Group is headquartered in San Francisco, and has offices in London and New York. For more information, visit: www.cleantech.com MEDIA CONTACT: Yvette Shirinian Cleantech Group Tel: +1 (415) 233-9712 Email: yvette.shirinian@cleantech.com About Hifi Hifi is a privately held Canadian company specializing in the research, development and operation of leading edge fiber optic sensing technologies primarily used to monitor gas and fluid flow in pipelines and oil and gas wells. Headquartered in Calgary, Alberta, Hifi currently has a number of commercialized products used for detecting gas and fluid flow behind casing. With over 1,000 wells logged, Hifi’s technology has been proven to assist in pinpointing casing leaks. Hifi is currently focusing its research to adapt its existing fiber optic technology to find low rate leaks in energy transportation pipelines. For more information, visit www.hifieng.com Contact: Steven Koles President & CEO Hifi Engineering Inc. skoles@hifieng.com (403) 264-8930
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