PROFIT Magazine unveils 25th annual list of Canada's Fastest‐Growing Companies
QUEBEC CITY, June 3, 2013 /CNW Telbec/ - PROFIT Magazine today released its 25th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies, ranking Opsens Inc. ("Opsens") (TSXV: OPS) 71st. Published in the Summer issue of PROFIT Magazine and online at PROFITguide.com, the PROFIT 500 list ranks Canadian businesses by their revenue growth over five years.
"To celebrate the 25th anniversary of the Fastest‐Growing Companies in Canada, the PROFIT 500 has expanded to recognize the entrepreneurial achievements of more than 500 Canadian companies," says Ian Portsmouth, Editor-in-Chief of PROFIT magazine. "PROFIT is proud to now showcase Canada's Forward-thinking small business entrepreneurs and honour their talents and innovations."
"Opsens is proud to be on the PROFIT 500 ranking for the first time," says CEO Louis Laflamme. "This achievement reflects the strength of our positioning in high-growth markets and the dedication of our team. Opsens has been capitalizing on the growing need to measure pressure and temperature in two critical markets, the measurement of pressure and temperature in oil and gas, particularly SAGD projects, and the measurement of Fractional Flow Reserve, commonly known as FFR in medical instrumentation. Already a key player in Canada's oil and gas market, Opsens is working on the release of its first FFR devices planned for 2014 to tap into this fast-growing market".
About Opsens Inc. (www.opsens.com)
Opsens is a leading developer, manufacturer, supplier and installer of a wide range of fiber optic solutions based on proprietary patented technologies for the measurement of pressure, temperature and other parameters. The qualities of our sensors allow us to offer measuring instruments that are effective and durable in extreme conditions. Opsens is using its competitive advantages to focus primarily on two strong growth markets: oil and gas and FFR medical instrumentation.
About PROFIT Magazine and PROFITguide.com (PROFITguide.com)
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Opsens to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
SOURCE: OPSENS INC.
For further information:
Thierry Dumas, CPA, CA, Chief Financial Officer, 418.682.9996
Louis Laflamme, CPA, CA, President and Chief Executive Officer, 418.682.9996