Flight Network Recognized as One of Canada's Fastest-Growing Companies for 5th Consecutive Year

TORONTO, ONTARIO--(Marketwired - June 12, 2014) - Canadian Business and PROFIT today ranked Flight Network No. 296 on the 26^th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.

For the 5th consecutive year, Flight Network has been recognized for its high growth and success, making them the largest Canadian-based online travel company.

Flight Network, known as Canada's second most visited travel site behind only Expedia, was formed in 2005 and has grown substantially every year. Over the past 12 months the company has begun to expand outside of Canada and has grown its employee size as a result.

"My team and I are proud to be recognized by the PROFIT 500 ranking - for the 5th straight year no less," says Naman Budhdeo, CEO and Founder of Flight Network. "I started Flight Network with an idea to offer Canadians the best possible experience when booking their travel, and that's exactly what we have done."

Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country's most successful growth companies. A joint venture between Canada's premier business brands, the PROFIT 500 is published in the July issue of Canadian Business and online at PROFITguide.com.

"The members of the PROFIT 500 are the elite of the country's entrepreneurial community," says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. "Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity."

About Flight Network (www.flightnetwork.com)

Flight Network is Canada's #2 travel website because it delivers the lowest airfares and offers Price Drop Protection, which credits a customer the difference when the price of an airfare goes down after the customer has already booked. FlightNetwork.com's award-winning website is staffed by 150+ travel specialists who help customers find the best travel deals 24/7. Formed in 2005, FlightNetwork.com makes travel more convenient, reduces airfares, and saves customers money with its industry-first Price Drop Protection program, which is why millions of trips are booked through the website each year.

About PROFIT and PROFITguide.com

PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs 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 PROFITguide.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business - what leadership looks like.