RED DEER, AB, June 1 /CNW/ - RIFCO INC. (TSX.V: RFC) is pleased to
announce that the Company has been ranked 41st on the 21st annual PROFIT 100
ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. RIFCO
achieved a five year revenue growth rate of 1,812%.
Ranking Canada's Fastest-Growing Companies by five-year revenue growth,
the PROFIT 100 profiles the country's most successful growth companies.
Published in the June issue of PROFIT and online at PROFIT100.com, the PROFIT
100 is Canada's largest annual celebration of entrepreneurial achievement.
"The PROFIT 100 are an inspiration to entrepreneurs at all stages of
growth, from start-up to major corporation," says Ian Portsmouth, editor of
PROFIT. "Their business practices and product innovations are exemplary of how
businesses can succeed in uncertain times."
Bill Graham, President and CEO of RIFCO remarked, "We are pleased to
count ourselves among this group of elite companies. Our growth achievement
speaks to the size of the opportunity in the Canadian auto finance
marketplace. While the challenges of 2009 and beyond are noteworthy, the
opportunities are greater. Congratulations to each member of the RIFCO team."
About PROFIT: Your Guide to Business Success
PROFIT: Your Guide to Business Success is Canada's pre-eminent
publication dedicated to the management issues and opportunities facing small
and mid-sized businesses. For more than 25 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
increase their revenues, boost their profitability and get the recognition
they deserve for generating positive economic and social change. Published six
times a year by Rogers Publishing Ltd., PROFIT is distributed almost
exclusively to the chief executives of companies with 5 to 250 employees and
annual revenue of $1 million to $25 million, reaching 306,000 readers across
Canada. Visit PROFIT online at http://www.PROFITmagazine.ca.
RIFCO is one of Canada's fastest-growing automotive finance companies.
Non-prime auto loans are indirectly originated through a growing network of
selected new and used vehicle dealers operating in all provinces except
Saskatchewan and Quebec.
The common shares of RIFCO INC. are traded on the TSX Venture Exchange
under the symbol "RFC". There are 19.23 million shares (basic) outstanding and
20.98 million (fully diluted) shares.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: RIFCO INC., Lance A. Kadatz, Vice President and
Chief Financial Officer, Telephone: (403) 314-1214 EXT 111, Fax: (403)
314-1132, Email: firstname.lastname@example.org, Website: www.rifco.net