26th annual list of Canada's fastest-growing companies - Innobec improves its ranking for the 2014 "PROFIT 500"

MONTREAL, June 13, 2014 /CNW Telbec/ - Innobec Technologies Inc. (innobec.com), a major custom software and application developer in Eastern Canada, is now ranked no. 142 in the 26^th annual PROFIT 500 the definitive ranking of Canada's fastest-growing companies. Moving up 20 positions since last year, this important leap mirrors Innobec's overall growth resulting from the acquisition of new clients, as well as the development of new solutions for current clients. "Over the last year, our revenues have increased along side the development of new mobile solutions, allowing us to strengthen our service offerings. Not only do we develop, but we offer support services for both web and mobile solutions to help them gain a competitive edge", said Stéphane Rouleau, president and CEO.

Last March, Innobec acquired Dium, a company located in the Ottawa region. This acquisition has allowed Innobec to expand its customer base into Eastern Canada, add new talents to its team and strengthen skills in Web and mobile solutions. Innobec is now supported by more than 100 talented and experienced employees working in its offices in the Montreal and Ottawa areas. "We will continue to grow and reinforce our vision as a one stop solution center for our clients. With a qualified team and well adapted services, we have the right ingredients for continued success", added Stéphane Rouleau.

Founded in 2003, Innobec offers custom software and applications to the education, engineering, retail and manufacturing sectors, as well as the public and semipublic sectors. Clients include Acosta, Autodesk, Radio-Canada (CBC), Labatt, IBWave, Université de Montréal, Université Laval, Université du Québec en Outaouais, just to name a few.

Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years. PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. Visit PROFIT online at PROFITguide.com.

SOURCE: INNOBEC Technologies inc.

Simon Toussaint-Levesque, Marketing Executive, 514.272.0979 (268), [email protected]