TORONTO, June 3, 2013 /CNW/ - SiriusXM Canada (TSX: XSR), the country's leading audio entertainment company, today announced it has been named one of Canada's Fastest-Growing Companies in PROFIT Magazine's 25th annual PROFIT 500 ranking. Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at PROFIT500.com, the PROFIT 500 is Canada's largest annual celebration of entrepreneurial achievement. SiriusXM Canada was ranked 280th on the PROFIT 500 list with five-year revenue growth of 207 per cent.
"Being included in this year's PROFIT 500 ranking highlights the success of our diversified revenue growth strategy and the exceptional talent of the entire team at SiriusXM Canada," said Mark Redmond, President and CEO, Sirius XM Canada Inc. "We are very pleased to have earned this recognition and look forward to building one of Canada's leading media companies by offering Canadians unique and unmatched audio entertainment experience."
"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, Publisher and 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."
About SiriusXM Canada
Sirius XM Canada Holdings Inc. (TSX: XSR) operates as SiriusXM Canada. SiriusXM Canada, with over 2.2 million subscribers, is the country's leading audio entertainment company and broadcasts more than 120 satellite radio channels featuring premier sports, news, talk, entertainment and commercial-free music. SiriusXM Canada offers an array of content from the most recognized news and entertainment brands as well as every major sport including the NHL, NFL, MLB and CFL.
SiriusXM programming is available on a variety of devices including pre-installed and after-market radios in cars, trucks and boats, smartphones and mobile devices, and consumer electronics products for homes and offices. SiriusXM programming is also available online at www.siriusxm.ca and on Apple, BlackBerry and Android-powered mobile devices.
SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 3,000 retail locations nationwide. To find out more about SiriusXM Canada (TSX: XSR), visit our website at www.siriusxm.ca.
About PROFIT Magazine and 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. Visit PROFIT online at PROFITguide.com.
SOURCE: SiriusXM Canada
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