- PROFIT Magazine unveils its annual list of Canada's Fastest-Growing Companies -
LAVAL, QC, June 16, 2014 /CNW Telbec/ - Canadian Business and PROFIT today ranked Ergoresearch No. 129 on the 26th annual "PROFIT 500", the definitive ranking of Canada's Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.
Ergoresearch made the "PROFIT 500" list for a 4th consecutive time with five-year revenue growth of 463%.
"The members of the PROFIT 500 are the elite of the country's entrepreneurial community," says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. "Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity."
"Ergoresearch's revenue went from $2,393,350 in 2008 to $13,469,348 for the fiscal year ended on June 30 2013, recording revenue growth of 463% during this period and positioning the Company No.129 on the annual ranking "PROFIT 500" states Ergoresearch President and CEO, Sylvain Boucher. "We accept this prestigious acknowledgement with great pride and are delighted to share it with our employees, partners and investors. Fueled by a common desire to be the best, this accolade is a fine reflection of this."
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs 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 PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
Ergoresearch is a Canadian based company that designs and manufactures cutting edge technologies for the orthopedic industry. The Company holds patents in the field of orthotics and prosthetics ("O&P") and human bionics including intellectual property used in the Power Knee, the world's only motor-powered prosthesis for above-knee amputees. Ergoresearch has developed and commercialized WebFit™, the first robotized custom-made foot orthotics manufacturing software program and launched OdrA, a world -patented orthotic device that revolutionizes the treatment of pain associated with knee osteoarthritis
Ergoresearch owns Quebec's leading network in orthotics, with over 100 corporate and satellite centres under the Clinique du pied Équilibre, Orthoconcept and Laboratoire Langelier banners. The Company is listed on the TSX Venture Exchange (TSXV) under the symbol ERG.
SOURCE: Ergoresearch Ltd
For further information:
President and CEO, Ergoresearch Ltd - 450-973-6700, ext. 213
Coordinator, Communications and Marketing, Ergoresearch Ltd - 450-973-6700, ext. 242