Montréal, Canada, October 15, 2020Canadian Business today ranked Introspect Technology No. 139 on the 32nd annual Growth List, the definitive ranking of Canada’s Fastest-Growing Companies. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the Growth List profiles the country’s most successful entrepreneurial businesses. The Growth List is produced by Canadian Business and Maclean’s, Canada’s premier business and current affairs media brands. Winners are profiled in a special Growth List print issue of Canadian Business (packaged with the December issue of Maclean’s magazine) and online at

With a growth rate of 668% in its second appearance on the annual Growth List ranking, Introspect Technology has penetrated markets across all continents, enabling semiconductor, medical equipment, robotics, automotive, mobile computing, IoT, aerospace, and telecommunications manufacturers to expedite time to market and product innovations in the most advanced technological contexts. “The recurring appearance of Introspect technology on the Growth List ranking is testimony to our unfaltering dedication to providing the global high-tech industry with test and measurement instruments that push the frontiers of what is possible today,” says Dr. Mohamed Hafed, Chief Executive Officer of Introspect Technology. “Engineers working on 5G networks, upcoming data center server technology, or the next wave of machine learning computing implementations all need tools to design, verify, and test their innovations — and this is where Introspect comes in. Our tools enable these engineers to perform the best work of their careers, and we are ever so proud of being able to contribute to global technological innovation in such a meaningful manner,” adds Dr. Hafed.

“The companies on the 2020 Growth List are really exceptional. Their stories are a masterclass in how to survive when the economy throws a curveball. Despite turbulence, 2020 Growth List companies showed resilience, spirit and, most importantly, empathy and strong leadership,” says Susan Grimbly, Growth List Editor. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that the heart of Canada’s entrepreneurial community beats strong, even in tough times.”

Having been founded in 2012, Introspect Technology’s mission was always to serve the global technology market with the best of Canadian innovation. The company has created a new niche product class in the digital design, test, and validation domains. With its handheld and high performance products, engineers at all stages of electronic equipment manufacturing can now benefit from a multitude of necessary functions like device emulation, protocol-aware digital testing, and manufacturing quality assurance at a fraction of the cost of traditional automatic test equipment, and with the support of award-winning easy-to-use software suites. Being able to demonstrate – through the recognition by Canadian Business – that Introspect Technology’s products enable engineers all over the world to achieve their best possible work is true testimony to the company’s motto of “making tomorrow’s technology today’s possibility”.


About Introspect Technology

Founded in 2012 through self-funding, Introspect Technology designs and manufactures innovative test and measurement equipment for high-speed digital applications. Whether it is the next smartphone or the level-4 autonomy engine in a mobility solution, our award-winning tools are used to develop, test, and manufacture next-generation products. In short, we help the leading global technology companies make tomorrow’s technology today’s possibility.


About the Growth List

For over 30 years, the Growth List ranking of Canada’s Fastest-Growing Companies (formerly the Growth 500) has been Canada’s most respected and influential ranking of entrepreneurial achievement. Originally developed by PROFIT and now published in a special Growth List print issue of Canadian Business (packaged with the December issue of Maclean’s magazine) and online at and, the Growth List ranks Canadian companies on five-year revenue growth, and the Startup List ranks Canadian new growth companies on two-year revenue growth. For more information on the ranking, visit


About Canadian Business

Founded in 1928, Canadian Business is the longest-serving business publication in the country. It has fuelled the success of Canada’s business elite and, through the Growth List ranking, celebrates leadership, innovation, business strategy and management tactics. Learn more at

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