Vivonet Recognized in Deloitte Technology Fast 50 List

Vivonet has reinvented the cash register providing web-based point-of-sale software for the North American restaurant industry.

Vivonet has been recognized as one of the top 50 Canadian companies on Deloitte's Technology Fast 50™ for making world-class achievements and evolving the Canadian technology sector. Vivonet is ranked 43 in Canada for the 2011 Fast 50 and 243 in North America on the Technology Fast 500™ list, the rating is based on five successive years of growth. Vivonet is well known for "reinventing the cash register" with its innovative, web-based point of sale (POS) software Halo™ revolutionizing retail transaction data management in the North American restaurant industry.

Over the last five years, Vivonet has experienced 365 per cent growth with over $110 million in customer transactions per month. Last year Vivonet secured a landmark agreement with Sodexo Inc. to deploy Halo™ into the majority of its 6,000 North American client sites by 2015. Earlier this year, Vivonet launched the company’s new mobile technology, Halo Mobile™, introducing mobile ordering and payment to customers, taking the line-up out of take-out.

"The recognition as Canada’s Technology Fast 50 is a testament to our team’s exceptional work and achievements over 10 years," said Ryan Volberg, president and CEO of Vivonet Inc. "Our forward thinking approach for the North American restaurant industry is helping food establishments manage their sales and operations in real-time and allows us to cater to each clients' needs – from small to large businesses. Halo Mobile™ is taking our customer service into new territory and providing products to the consumer, not just the restaurant industry anymore."

Burnaby-based Vivonet is changing the way restaurants and other food services retailers conduct business by combining a user friendly interface with real-time data and analytics. Vivonet’s point of sale (POS) technology, Halo™, is a stark contrast to traditional POS solutions and eliminates the need for complex and expensive site specific equipment and on-site IT support. The company’s product is providing a flexible and affordable solution securely over the Internet and is leading the way for Software as a Service (SaaS).

With the release of Halo Mobile™ in fall 2011, Vivonet is offering a convenient new app that modernizes the ordering and payment process, and allows customers to order, pay and set pick-up times from their favourite restaurants directly on their smartphones. The app allows cafes and restaurants, small and large, to quickly and easily get their brand featured in the App Store and Android Marketplace and compete in a market that might not have been available to them before. The app is synced to Halo, their web-based restaurant Point of Sale (POS) system, and the technology enables the merchants to fulfill orders instantly.

Port Moody’s artisan coffee house, Caffé Divano, was the first Vivonet customer to launch Halo Mobile and introduce the iPhone app to its customers in the Tri-City area. Clients such as Caffé Divano are noticing a higher than average cheque from customers using Halo Mobile.