Virtual Causeway once again selected as one of Canada's Fastest-Growing Companies
PROFIT Magazine recognizes Virtual Causeway's 1298% growth over five years in 19th annual PROFIT 100 Ranking
Canada's Technology Triangle, Waterloo, Ontario - June 6, 2007
Virtual Causeway has been named one of Canada's fastest-growing companies in PROFIT magazine's June 2007 issue. A leading outsource provider of integrated sales and marketing services, Virtual Causeway's revenue increased by 1,298% during the five-year review period - exceptional results that secured the company 44th place in the 19th annual PROFIT 100 ranking. Virtual Causeway had previously been a member of the Profit Hot 50 ranking in 2005.
"We are honored to be included among such a successful group of entrepreneurs," says Rick Endrulat, President of Virtual Causeway. "Our continued growth, support from local organizations and focus of our employees has made it possible for us to receive another award from PROFIT Magazine."
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 PROFITguide.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.
Ian Portsmouth, Editor of PROFIT magazine, notes, "PROFIT 100 companies are the new heroes of Canadian business, creating jobs at home and products used around the world. They've accomplished this by building great employee teams, exploiting export markets and rapidly responding to the customer's fast-changing needs."
While Virtual Causeway's business is global in nature, its "growth, innovation and diversity are part of the fabric of the community known as Canada's Technology Triangle," explains John Tennant, CEO of CTT Inc. "Virtual Causeway is an excellent example of a firm that continues to grow and thrive in the Waterloo Region's entrepreneurial environment. Its innovative approach to providing market-driven solutions and quality research is key to its success. Canada's Technology Triangle Inc is proud to have originally assisted Virtual Causeway with establishing in Waterloo."
Iain Klugman, President and CEO of Communitech: Waterloo Region Technology Association, expresses similar sentiments: "We're very pleased one of our own has been named to the PROFIT 100 this year. Virtual Causeway keeps winning high praise in the tech community and we're very proud to count them among our own."
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 Magazine (PROFITguide.com)
PROFIT: Your guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's fastest-growing companies. Each year PROFIT - which reaches over 300,000 readers nationally - hosts a numbers 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.
About Communitech: Waterloo Region Technology Association (www.communitech.ca)
Communitech is an industry-led association driving the growth and success of Waterloo Region's tech sector through a vibrant network of leadership, connections and promotion.
About Canada's Technology Triangle (www.techtriangle.com)
CTT Inc is the economic development partnership marketing Waterloo Region and the cities of Cambridge, Kitchener and Waterloo to the world. Its mandate is to attract and retain the most innovative talent and businesses to the Waterloo Region. It's the point of contact for those businesses and individuals wishing to establish business in the Region. News media will be provided with a full array of services and customized economic information.
To learn more, please visit Profit Magazine