GFI Solutions Jumps Up 99 Positions in VAR500 Ranking

MONTREAL, QUEBEC--(Marketwire - June 28, 2011) - Canadian IT industry leader GFI Solutions Group (GFI Solutions) is pleased to announce the major climb it has made up this year's prestigious VAR500 list. The VAR500 ranks the top solution provider organizations in North America based on revenue. This year, GFI Solutions has jumped from 255^th place, where it was situated in 2010, to 156^th place.

GFI Solutions' rise in the 2011 ranking is partly due to the economic conditions of the recent past, which have encouraged market consolidation, and to the present boom experienced by e-business and IT mobility. The company is well positioned to meet the needs of these new industry areas, and it intends to ensure the ongoing evolution of its offering. By developing its range of products with IT-mobility-centred delivery systems, GFI Solutions will continue to provide its 55 000 clients with increasingly effective and high-performance solutions.

"I am very proud of GFI Solutions' outstanding progress on the VAR500 list," says GFI Solutions President and CEO Gilles Létourneau. "This jump in the rankings reflects the dynamic and productive period we are currently undergoing as a result of our expertise and cutting-edge technology. Our position in the market sector for SMBs with five to 500 employees makes us the ideal e-business development partner for our clients, and we look to the future with optimism and enthusiasm."

The VAR500 list is available in both printed and digital form at www.crn.com.

About GFI Solutions

A leader in the Canadian IT industry, GFI Solutions Group (GFI Solutions) specializes in the design, implementation, integration, and support of business software solutions, in the development of e-business solutions, and in electronic payment, professional, and technical IT services. In business since 1988, GFI Solutions is currently experiencing an active growth phase. Its most recent acquisitions include activeMedia Développement, Fortsum Business Solutions (now GFI SMB Solutions), and Bell Business Solutions (now GFI Business Solutions). These acquisitions have enabled the company to conquer promising vertical markets and extend its product and service offering to businesses of all sizes, as well as to municipalities and other public service organizations.