TORONTO, ONTARIO--(Marketwire - June 2, 2010) - Sangoma® Technologies Corporation (TSX VENTURE:STC), a leading supplier of enabling hardware and software technologies for server based voice and data applications, announced today that the company has made the list in the 22nd annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by 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 PROFIT100.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.
"Canada's Fastest-Growing Companies are the poster children for entrepreneurship, innovation and pure tenacity," says Ian Portsmouth, editor of PROFIT. "They demonstrate what it takes to succeed in today's highly competitive, technology-driven global economy."
"By listening to our customers and continuing to focus on innovation, Sangoma has been able to achieve significant growth over the past five years, despite difficult economic conditions," said David Mandelstam, CEO of Sangoma. "Being ranked on the PROFIT 100 is an honour resulting from our sustained development of high value solutions and a truly global network of partners, integrators and customers."
To qualify for the PROFIT 100, companies must have been in business for at least five years, be headquartered in Canada with significant operation in Canada, and have revenues of at least $2 million.
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 28 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 www.profitmagazine.ca.
About Sangoma Technologies Corporation:
Sangoma is the premium provider of voice and data connectivity components for software-based communication applications. Sangoma's data cards, voice cards, gateways and connectivity software are used in leading PBX, IVR, contact center and data-communication applications worldwide. The product line represents a comprehensive toolset for deploying cost-effective, powerful, and flexible software communication applications.
Founded in 1984, Sangoma Technologies Corporation is publicly traded on the TSX Venture Exchange (TSX VENTURE:STC). Additional information on Sangoma can be found at: www.sangoma.com.