INNOBEC TECHNOLOGIES one of Canada's Fastest-Growing Companies - 2012 PROFIT 200

The mobile and web application developer makes first appearance in PROFIT Magazine's annual ranking of the top 200 Canadian companies.

MONTREAL, June 6, 2012 /CNW Telbec/ - With a growth of 365% in the last five years, INNOBEC, a mobile and web application developer specialized in custom software and information management systems, has made its way into the 24th annual PROFIT 200 list of Canada's Fastest-Growing Companies by PROFIT Magazine, ranking Canada's Fastest-Growing Companies by five-year revenue growth.

"2011 will have been our most important year to date in terms of growth; with the signing of new major accounts and the acquisition of a web application development firm, we have reached several key strategic targets which continue to have a positive impact on our 2012 results", says Stephane Rouleau, INNOBEC's CEO, adding that the company has evolved significantly in 5 years. "Since day one, we've been building strong, sustainable relationships. Our mission is to position ourselves as a reliable partner for large North-American businesses who develop innovative software solutions. Our team is proud to receive this recognition from PROFIT 200"

An exclusive mobile development platform

INNOBEC says that part of its recent growth is attributable to its LITHIUM platform, a multi-platform mobile development environment created by the Montreal firm.

"LITHIUM allows us to develop a mobile application once, then deploy it across all major platforms (iOS, Android and Blackberry), speeding up delivery and reducing development costs for our clients." says Yves Forget, INNOBEC's executive vice-president. "INNOBEC has become a one-stop-shop for custom software development. By combining web, mobile and application development, we look forward to expanding our footprint in the Canadian and U.S. markets."

Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.

About INNOBEC TECHNOLOGIES Inc.

Innobec develops information management systems and data collection software for mobile and web applications, providing programming expertise to major Canadian and U.S. companies.

Founded in 2003 in Montreal, INNOBEC today employs over 50 people and specializes in the following sectors: education, engineering, retail and manufacturing, public and parapublic sectors (government) and medical research facilities.

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 30 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it is 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 PROFITguide.com.

SOURCE INNOBEC Technologies inc.

For further information:

Patrick Bergeron
Vice President, Innobec
pbergeron@innobec.com
514.272.0979 x201

Bernard Dahl
Media Relations / Investor Relations
bernard@presentis.ca
514-762-6468

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INNOBEC Technologies inc.

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