Prollenium Medical Technologies Inc. No. 292 on PROFIT 500 List 2013

AURORA, ON, June 10, 2013 /CNW/ - After another successful year, Prollenium Medical Technologies Inc. has been ranked no. 292 on the PROFIT 500 list of Canada's top 500 fastest-growing companies. The list was published in the Summer 2013 issue of PROFIT and on Companies on the list are ranked nationally, regionally/city, and by industry. Prollenium is based outside of Toronto (in the GTA) and is categorized within the Business Products (manufacturing and distribution) industry.

PROFIT 500 ranks Canada's fastest-growing companies based on five-year revenue growth. This year, a 190% growth in revenue from 2007-2012 puts Prollenium- a manufacturer of cutting edge products in tissue reconstruction- on the list yet again. This is Prollenium's 5th consecutive year of recognition. Since its founding in 2002, the company has continued to see success with its extensive offering of innovative products and penetration into new markets globally.

"Without the hard work and dedication of the group here at Prollenium, the company would not be where it is today," says Chief Executive, Ario Khoshbin. "I am very proud of the team we have built here." In the past five years, Prollenium has increased its workforce by more than 5 times its count in 2007. With Canada's only facility for the manufacturing of dermal fillers, the company has dedicated its attention to areas of urology, dermatology, osteoarthritis and podiatry.

"It is a great accomplishment to make the list once again. We have very high expectations and are extremely optimistic about our future in the marketplace. With our pipeline of products and market intelligence we remain focused on developing strong partnerships offering safe and efficacious products worldwide," says Khasha Ighanian, Senior Vice President. Prollenium exports to over 80 countries globally and continues to focus heavily in R&D. The company plans to launch several new products in the near future.

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Prollenium Medical Technologies Inc. is a Canadian-based company, founded in 2002, dedicated to the research, design, manufacture and distribution of implantable polymers in the pharmaceutical/dermatological industry. The company is committed to providing innovative products worldwide that are safe and viable. Flagship product lines include Revanesse®, Phiderma® and RheoVital™.

SOURCE: Prollenium Medical Technologies Inc.

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Brittany Edwards

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Prollenium Medical Technologies Inc.

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