iBwave Ranks 16th on the PROFIT 100 Ranking of Canada's Fastest-Growing
Companies

MONTREAL, June 10 /CNW Telbec/ - iBwave, the leading provider of in-building software solutions, announced today that they have been named to the 22nd annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. PROFIT today unveiled its annual ranking of the 100 fastest-growing public and private companies in Canada, and iBwave stands on the list in 16th position.

iBwave has experienced consistent and significant growth since 2003 with the launch of a unique in-building software solution catering to the needs of wireless operators, system integrators and equipment manufacturers worldwide in the telecommunications industry. iBwave delivers software and services that help more than 175 clients across 70 countries plan and design high-quality indoor networks that support the growing demand for Smartphones and data applications.

"We are honoured to be included in this elite group of fast-growing Canadian companies," says Mario Bouchard, President & CEO of iBwave. "Being named to the PROFIT 100 recognizes iBwave as a leader because of our commitment to providing our customers with the best suite of indoor software solutions and services. These solutions meet their needs to create, plan, deploy and monitor the most reliable profitable indoor wireless networks."

"Our outstanding growth is a result of the combination of our technology, persistence, and the hard work and dedication of our employees, partners and shareholders."

"Canada's Fastest-Growing Companies are the poster children from entrepreneurship, innovation and pure tenacity," says Ian Portsmouth, editor of PROFIT. "They demonstrate what it takes to succeed in today's highly competitive, technology-driven global economy."

Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country's most successful growth companies. Published in the June issue of PROFIT and online at PROFITguide.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.

ABOUT PROFIT MAGAZINE :

PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 28 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at www.profitmagazine.ca.

ABOUT IBWAVE SOLUTIONS

iBwave is an international in-building wireless software company that delivers unique in-building wireless solutions to a global client base of more than 175 leading telecom operators, system integrators and equipment manufacturers in over 70 countries on five continents. iBwave offers industry-specific planning and design software solutions to answer the needs of the in-building wireless industry. RF engineers can take in-building network design beyond prediction to improve accuracy and standardize designs that are shared across the in-building community. www.ibwave.com.

For further information: Laurence Trudeau, Manager Marketing and Communications, iBwave Solutions Inc., + 1.514.397.0606 ext. 300, [email protected]