Heating Things Up: Virtual Causeway selected as one of Canada's hottest emerging growth companiesCanada's Technology Triangle, Waterloo, Ontario – October 11, 2005 – Virtual Causeway, a leading outsource provider of integrated sales and marketing services, has been named as one of Canada's hottest emerging growth companies in PROFIT magazine's sixth annual HOT 50. During the two-year review period, Virtual Causeway's revenues increased dramatically by 124% – plus the company doubled in size and significantly expanded its operating facilities.
"We are thrilled to be recognized by such a prestigious business publication as PROFIT," says Rick Endrulat, President of Virtual Causeway. "Our staff's continued success in landing key accounts in the high-tech sector – and their ability to strengthen clients' businesses through tactical sales lead generation and marketing services – contributed greatly to our company's growth."
"The PROFIT HOT 50 recognizes entrepreneurial ambition and managerial excellence in Canada," says editor Ian Portsmouth. "These companies have succeeded by meeting emerging market needs, creating betters ways to do business and never hesitating to expand beyond our borders."
John Tennant, CEO of Canada's Technology Triangle Inc (CTT Inc), adds, "Virtual Causeway, a CTT ambassador, provides services on the leading edge of technology. We are proud to see this innovative company grow and thrive in Waterloo Region." In 2001 CTT Inc, the economic development partnership for Waterloo Region and the cities of Cambridge, Kitchener and Waterloo, helped Virtual Causeway establish a base in the area.
About Virtual Causeway (www.v-causeway.com)
As a leading outsource provider of integrated sales and marketing services, Virtual Causeway helps companies that want to increase revenue while maximizing their return on investment (ROI). With offices in Waterloo, Ontario, and Boston, Massachusetts, Virtual Causeway specializes in tactical lead generation, marketing and market research programs that generate a near-term ROI for clients. The company's customers and corporate partners not only include industry leaders, but also some of the most innovative multinational technology corporations in the United States and Canada.
About PROFIT: Your Guide to Business Success
PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to the CEOs of Canadian growth companies. Each year PROFIT, which currently reaches more than 400,000 readers nationally, hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit www.Profitguide.com
About Canada's Technology Triangle Inc (www.techtriangle.com)
CTT Inc is the economic development partnership that markets Waterloo Region and the cities of Cambridge, Kitchener and Waterloo to the world. Its mandate is to attract the most innovative talent and businesses to the Waterloo Region.
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