INNOBEC Ranked Among Canada's Fastest-Growing Businesses: 2013 PROFIT 500

The mobile and web application developer's 5-year revenue grew 405%, earning the company a spot in the 25th edition of PROFIT Magazine's annual ranking.

MONTREAL, June 7, 2013 /CNW Telbec/ - With a growth of 405% in the last five years, INNOBEC, a custom software and information management systems developer specialized in mobile and web applications, has earned its second consecutive inclusion in the annual PROFIT 500 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. Published in the summer issue of PROFIT Magazine and online at, the PROFIT 500 list ranks Canadian businesses by their revenue growth over five years.

"We are thrilled to see the company's name on the PROFIT 500 list for a 2nd consecutive year," says Stephane Rouleau, INNOBEC's CEO, adding that the company recently celebrated its 10th anniversary. "The mobile application development market has evolved significantly in this period, and Innobec's growth is a direct result of our team's commitment. This is a collective success and we are very proud of everyone's contribution to Innobec's growth."

A new level of mobile application development

INNOBEC was recently selected by Acosta Sales & Marketing for the redesign and deployment of its large-scale "Strategy Lite" mobile application across North America, which is used daily by Acosta's team of 15,000 retail representatives. The migration from Windows Mobile to a new solution, which is iOS and Android compatible, is currently being developed by the Montreal mobile application developer using its Lithium platform. "Basically, we are redoing in 2 years what previously took 10 years to develop," says Rouleau.

Innobec vice-president Yves Forget adds that "applying Agile software development has made it possible to develop very productive working relationships with our clients. We focus on delivering value. We develop with our clients, asking for and encouraging constant involvement and feedback, which allows our teams to work faster, deliver better quality, and eliminate wasted effort. We have successfully applied Agile methodology to Android, iOS, BlackBerry, Microsoft .Net, JAVA and Cloud-based projects."

INNOBEC develops information management systems and data collection software for mobile and Web applications, providing programming expertise to major Canadian and U.S. companies, including Labatt, Radio-Canada (CBC), Giro, Québec Bar, Bixi - Montreal's bike-sharing service, Jitney Trade, Université de Montréal, XStrata Nickel, Université Laval and many more.

Founded in 2003 in Montreal, INNOBEC today employs over 65 people and specializes in the following sectors: education, engineering, retail and manufacturing, medical, as well as public and para-governmental sectors.

About  PROFIT Magazine and
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 31 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

SOURCE: INNOBEC Technologies inc.

For further information:

Bernard Dahl, Media Relations / Investor Relations,, 514.762.6468
Stéphanie Simard, Innobec,, 514.272.0979 x300

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INNOBEC Technologies inc.

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