Cryopak Industries Inc.
TSX VENTURE : CYK

Cryopak Industries Inc.

June 09, 2005 09:00 ET

Cryopak Ranks Number 40 on 2005 Profit 100 Ranking

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 9, 2005) - Cryopak Industries Inc. (TSX VENTURE:CYK) ("Cryopak") is pleased to announce that it has been ranked number 40 in the 17th annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by PROFIT: Your Guide to Business Success.

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.

"We're happy to welcome the 2005 PROFIT 100 winners to the most prestigious group of entrepreneurial businesses in Canada," says Ian Portsmouth, editor. "Canada's Fastest-Growing Companies are succeeding by knowing what customers really want, then delivering it."

About PROFIT Magazine

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 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 PROFITguide.com.

About Cryopak

With ISO 9001:2000 certified facilities in Vancouver and Montreal, we are a leading provider of temperature-controlling products and solutions. Our clients include some of North America's leading retailers and consumer goods companies, as well as global pharmaceutical companies. In our retail business, we develop, manufacture and sell reusable ice substitutes, flexible hot and cold compresses, reusable gel ice and instant hot and cold packs. These products are marketed under such popular brand names as Ice-Pak™, Flexible Ice™ Blanket, Simply Cozy®, and Flex Pak™. In our pharmaceutical business, we engineer solutions and supply products that help our customers safely transport their temperature sensitive pharmaceuticals. Over the past few years we have evolved into a recognized player in this growing segment as we assist customers in optimizing their cold chain processes. Our shares are listed on the TSX Venture Exchange under the symbol CYK.

ON BEHALF OF THE BOARD OF DIRECTORS

Martin Carsky, President and CEO

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ from those expressed or implied by such forward-looking statements.


Contact Information

  • Cryopak Industries Inc.
    Martin Carsky
    President and CEO
    1-800-667-2532
    www.cryopak.com