Tenzing is ranked among PROFIT magazine's top 100 fastest-growing
TORONTO, June 12 /CNW/ - Tenzing Managed IT Services (Tenzing), a managed
hosting provider to companies with business-critical Internet applications, is
honoured to be listed for the fourth consecutive year as one of the fastest-
growing companies in Canada as reported by PROFIT magazine. PROFIT is one of
Canada's leading business magazines, and the PROFIT 100 is its annual ranking
of the top 100 Canadian companies based on the percentage of revenue growth
over a five-year span. The complete list is published in the magazine's PROFIT
100 June 2009 issue, as well as at www.profit100.com.
From 2003 to 2008, Tenzing's revenues grew from $429,939 to more than $8
million, an increase of 1,785%. Tenzing is one of a select few companies to
sustain a rate of growth sufficient to be on the PROFIT 100 for four years
running. Last year, Tenzing was the only company in the "Top 10" to be on the
list for three or more consecutive years.
Brian Shepard, CEO of Tenzing, credits his company's tremendous growth to
its staff. "The expertise and commitment of staff to setting new standards of
customer service in the hosting industry make the difference. Without great
people, you cannot adopt a comprehensive, partnership approach to managed
hosted services with mid to large enterprises and maintain a high quality of
service through this high growth period."
"To make the Profit 100 for a fourth time in a row is a real achievement
for us," noted Kelly Beardmore, Tenzing's CTO. "This is especially true given
that we sold a non-core line of business and narrowed our target market to
organizations needing enterprise-class managed hosting solutions. With the
formal launch of our new enterprise-class Cloud hosting platform, EVEREST,
this summer, we are even more excited about our growth opportunities in 2009."
Founded in 1998, Tenzing's award-winning approach to hosting
business-critical Internet applications is comprehensive and collaborative.
Grounded in ITIL best practices, its award winning five-step "Summit with
Tenzing" approach addresses the entire IT lifecycle to deliver a new level of
managed IT hosting service. Tenzing is ISO 27001, SAS 70, and PCI certified
and is a Microsoft Software + Services Incubation and BizSpark Partner.
Tenzing's robust enterprise-grade EVEREST platform has been developed for mid
to large enterprise, ISV's and SaaS organizations seeking unsurpassed
performance, reliability, scalability, security and support. Tenzing has
customer service centers in Kelowna, BC and Toronto, Ontario, and datacenters
in Canada's primary NAPs: 151 Front Street, Toronto and the Harbour Centre,
About PROFIT Magazine
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 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.
For further information:
For further information: Barry Cohen, Tenzing Managed IT Services,