CALGARY, June 25 /CNW/ - Rapid Solutions Corporation (TSX-V: RPD), a
business process software and consulting services company focused on the
petroleum industry and Rapid Technology Corporation, a private software
company (together, referred to as "Rapid"), are pleased to jointly announce
that Rapid has again been recognized as one of Canada's 100 fastest growing
companies by PROFIT Magazine. Ranking Canada's fastest-growing companies by
five-year revenue growth, the PROFIT 100 profiles the country's most
successful growth companies. Rapid was recognized as the 15th fastest growing
company in the nationwide ranking. This is the best ranking to date of the
three years Rapid has been included in the top 100 companies.
PROFIT Magazine's 19th annual PROFIT 100 ranking of Canada's
Fastest-Growing is published in the June 2007 issue of PROFIT Magazine, and
online at www.PROFITguide.com. The PROFIT 100 is Canada's largest annual
celebration of entrepreneurial achievement. The PROFIT ranking included
amalgamated revenues generated by Rapid Solutions and privately-held Rapid
Technology Corporation; who is also a major shareholder of Rapid Solutions.
"It is an honour to be counted among Canada's most successful
businesses," said Michael Jones Rapid's CEO. "Growth is a significant
measurement of success in the sale of technology solutions and this award
quantifies our success in gaining market penetration and growing our business
from year to year," he added.
About Rapid Solutions
Rapid Solutions Corporation is the leading developer of full Life Cycle
Management solutions for the petroleum industry. Rapid implements solutions
based on the Workflow, Integration, and Notification cycle, enabling oil and
gas companies to optimize business processes, enhance productivity and improve
data management. Rapid's consulting and engineering businesses provide
operations assurance and maintenance management solutions to a range of
clients in Canada and the United States. The company also markets software
applications and specialized engineering and consulting services for
conducting production forecasts and reserves determinations for conventional
and unconventional gas producers.
About Rapid Technology
Rapid Technology Corporation is a privately held software company. Rapid
Technology is a major shareholder of Rapid Solutions.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information on Rapid, go to www.rapid.com.
For further information:
For further information: Michael Jones, President and CEO, Rapid
Solutions Corporation, Rapid Technology Corporpation, (200, 714 1st Street SE,
Calgary, Alberta T2G 2G8, Telephone: (403) 451-3105, Email:
email@example.com, Website: www.rapid.com; Investor Relations, Chevonne
Miller, Breakthrough Financial Marketing Inc., (403) 269-7676, Toll free:
(866) 269-7676, firstname.lastname@example.org