Toronto – The Profit 100 Awards acknowledge the best in Canadian companies and creates a level playing field between small start ups and well established corporations. Celebrating entrepreneurship and recognizing growth, the award aims to uncover which business skill connects a company with 4 employees to a company with 1,600.
This year’s list contains a high percentage of interactive and new media companies, with the number one spot going to Allegro Wireless, a company which specializes in software and services for rugged handheld devices. PhotoChannel Networks Inc. whose technology allows consumers to upload digital photos for processing by major retailers; clients include Wal-Mart, Costco and Black’s landed in sixth spot, followed immediately by Kaboose Inc., a company recently purchased by Disney Interactive.
The only game development company to make the list was Frima Studios in the number ten spot. Frima has developed online multi-player games for blockbuster children’s films such as Harry Potter, Cars and Happy Feet. Topping the medical software field at number twelve is Nightingale Informatix Corp. whose software allows patients to communicate with and receive information from their physician electronically.
In 16th spot is ThinkWrap Solutions Inc., whose mapping technology was used by President Obama at the Democratic convention to broadcast the location of respondents to a quiz in real time. IT consulting, software engineering and staffing services company iVedha Inc. landed in spot 18 while software maker Camilion Solutions took number 23.
Other Top 100 Winners:
25 – Elastic Path Software Inc.
26 – Herjavec Group Inc.
27 – Teksavvy Solutions Inc.
28 – Sandvine Corp.
30 – SCI Ltd.
34 – Professional Quality Assurance Ltd.
39 – The Official Community Corp.
42 – Tenzing Managed IT Services (Reliant Web Hosting Inc.)
43 – Research In Motion
45 – NetShelter Inc.
46 – Adflow Networks Inc.
48 – Simply Audiobooks Inc.
50 – Contigo Systems Inc.
52 – 360 Visibility Inc.
53 – Conceptwave Software Inc.
57 – Agoracom (Agora International Enterprises Corp.)
62 – Nstein Technologies Inc.
68 – Ad-Dispatch Ltd.
71 – MGA Computer Consulting
74 – HyperCube Technologies Inc.
75 – Peer 1 Network Enterprises Inc.
77 – Jolera Inc
79 – L-IPSE Services Conseil Inc.
80 – Fxinnovation (Groupe Conseil Fxinnovation Inc.)
82 – TriCon Technical Services Inc.
85 – iWeb Group Inc.
87 – Search Engine People Inc.
93 – TechnoConseil TC Inc.
94 – GuestLogix Inc.
95 – BRT Solutions (Le Groupe BRT Inc.)
98 – Inbox Marketer Inc.
100 – Intellinet Technologies Inc.
From Profit Magazine – Building a fast-growing company is tough enough when times are good. But when your sector gets stormy, how do you keep building your business on unstable foundation? Show tenacity, persevere, keep the faith in your people and maintain an unwavering belief in yourself were among the most common responses we received from the weather-resistant leaders of this year’s PROFIT 100. Considering who that advice is coming from, it’s worth taking.
The firms that make up PROFIT’s 21st annual ranking of Canada’s Fastest-Growing Companies are role models of the first order. After all, they have grown their annual revenue by an average of 2,262% over the past five years (2003-08), and no company on the list grew by less than 899%. Factor in the strength of the Canadian dollar and the dearth of good labour during the past five years, and the growth rates of the PROFIT 100 become more eye-popping. (For good measure, we’ve also ranked the Next 100: Canada’s Fastest-Growing Companies, Nos. 101-200.)
Whether you want to start a business or blast through this recession, our stories about Canada’s rising business stars and their effective management practices will give you the tools and inspiration to grow your own enterprise.