The 22nd annual PROFIT 100 ranking: 12 Alberta companies among Canada's
fastest-growing

PROFIT magazine's annual ranking shows how small and medium-sized businesses can seize opportunity in tough times and achieve explosive growth. For the full ranking, visit www.profit100.com.

TORONTO, June 2 /CNW/ - Only a select few businesses ever achieve the dramatic growth required to make it onto the PROFIT 100. The accomplishments of this year's PROFIT 100 are all the more remarkable considering the volatile economic climate of the past two years.

Released today, the PROFIT 100 is the definitive annual ranking of Canada's Fastest-Growing Companies by five-year revenue growth. The companies that make up this year's ranking have grown their annual revenue by an astounding average of 1,752% over the last five years. Moreover, an impressive 76% turned a profit in last year's sunken economy.

This year, 12 PROFIT 100 companies are based in Alberta, with another 14 in the Next 100. Among the Alberta leaders are skin-care product manufacturers, product management service providers, landscape designers and online publishers, among many others.

"The PROFIT 100 winners demonstrate great foresight, agility and tenacity," says Ian Portsmouth, editor of PROFIT. "All managers of small and medium-sized businesses can learn valuable lessons from the Canada's Fastest-Growing Companies, especially which management practices drive growth in today's economy."

    
    PROFIT 100 top five performers from Alberta

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    Overall  Company/Business Activity              Headquarters     Revenue
    Rank                                                              Growth
                                                                           %
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    11       Original Joe's Franchise Group Inc./
             Restaurant Franchisor                       Calgary       3,184
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    30       Yardstick Software Inc./Software for
             online exams and training                  Edmonton       1,653
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    48       Avalanche Air Systems Ltd./Commercial
             HVAC installation                           Calgary       1,263
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    49       Watts Mechanical Services Ltd./Builds
             mechanical structures in commercial
             properties                                  Calgary       1,240
    -------------------------------------------------------------------------
    55       Fitterboxx Water & Environmental
             Corp./Builds custom water-treatment
             plants                                      Calgary       1,131
    -------------------------------------------------------------------------
    

For the full ranking and breakdown of the PROFIT 100, visit www.profit100.com.

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.

For further information: Louise Leger, [email protected], [phone]