Replicon recognized as the eleventh fastest growing company on the prestigious PROFIT 100 list of Canada's fastest growing companies.
Calgary, Alberta, Canada – (June 14, 2003) – Replicon, the world leader in web-based timesheet and expense management software, announced today that it has been recognized as the 11th fastest growing company in Profit magazine’s 16th annual “PROFIT 100” list. PROFIT 100, which ranks Canada’s high growth companies, recently unveiled its annual ranking of public and private companies. PROFIT’s 16th annual ranking of Canada's fastest growing companies is filled with the most influential companies driving today’s economy.
“We are very pleased to be recognized as the 11th fastest growing company amongst 100 incredible businesses,” said Raj Narayanaswamy, Chief Executive Officer of Replicon. "Being named to the PROFIT 100 recognizes Replicon as a leader because of our commitment to providing our customers with the best products to meet their needs and reaffirms the success we continue to experience with our timesheet and expense management solutions. Our outstanding growth of over 3,963% can be attributed to the hard work and diligence of our staff. We thank them and look forward to the continued success of Replicon."
“We’re happy to welcome the 2004 PROFIT 100 winners to the most exclusive peer group of its kind in Canada,” says Ian Portsmouth, Profit magazine’s editor. “Canada’s Fastest-Growing Companies are generating the innovation needed to succeed on a global scale.”
Replicon products include Web TimeSheet and ProMax. Web TimeSheet is the established market leader in automated timesheet and expense management, with more than 750,000 global users at companies including HP, Turner Broadcasting, AT&T Wireless, Sony Music, ACNeilsen, Monster.com and Charles Schwab.
Replicon’s products are available for purchase and easy download at Replicon’s web site at www.replicon.com.
Information about the PROFIT 100 will be featured as the cover story in the June issue of PROFIT, available on newsstands June 7. The information will also be available online at www.PROFITguide.com.
