MONTREAL, May 11 /CNW Telbec/ - Toon Boom Animation Inc. has won the
inaugural HSBC International Business of the Year - Small and Medium
As part of the Business without Borders program, the HSBC International
Business Awards honours Canadian companies that have successfully
branched out beyond our borders.
"Canada is home to over 2.3 million businesses - the overwhelming
majority of which are small and medium enterprises - and we are a
nation of traders. HSBC Bank Canada is very proud to celebrate their
accomplishments internationally," said Mark Watkinson, Senior Executive
Vice President, Head of Commercial Banking, North America, HSBC. "Toon
Boom embodies the spirit of entrepreneurship and opportunity in global
business, and we salute their accomplishments."
Joan Vogelesang, President and Chief Executive Officer credits
determination, passion and high quality standards as well as extensive
presence in the field with the company's win. Vogelesang said, "It such
an honour to be acknowledged for the amazing work the Toon Boom team
has been doing internationally for 15 years, not only with the
prestigious studios such as Disney and Warner Brothers, but also in the
areas of education and online business."
To be eligible, firms must be majority Canadian owned (50.1 percent);
headquartered in Canada; generate at least 10 percent of their revenue
from activities outside of Canada; and have minimum sales of CAD $2.5
million for each of the last two fiscal years. Applications were
selected by a judging committee drawn from Canadian Business magazine,
The Globe and Mail Report on Business, Import Export Canada, the
Economist Intelligence Unit, the Desautels Faculty of Management at
McGill University, and the Sauder School of Business at the University
of British Columbia. PwC Canada performed due diligence on all the
About the HSBC International Business Awards:
The HSBC International Business Awards are an important, new awards
program that will honour Canadian firms that have made a real
difference in taking their products and services to the world. More
information at http://www.hsbc.ca/1/2/en/business/resource-centre/bwob-awards
About HSBC Bank Canada
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 260
offices, including over 140 bank branches, and is the leading
international bank in Canada. With around 7,500 offices in 87 countries
and territories and assets of US$2,455 billion at 31 December 2010, the
HSBC Group is one of the world's largest banking and financial services
About Business without Borders
Canada's newest and best source of news and information to help
businesses grow internationally, Business without Borders (www.bwob.ca) was created and developed by HSBC Bank Canada in association with
Rogers Publishing Ltd and the Globe and Mail.
About Toon Boom Animation Inc.
Toon Boom Animation Inc. (toonboom.com) is the worldwide leader in digital content and animation creation
software. Toon Boom carries user-friendly animation applications for
all, catering to the needs of children, home users, creative
professionals as well as students, educators and schools.
SOURCE TOON BOOM ANIMATION INC.
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