Groupworks Financial Corp.

Groupworks Financial Corp.

September 15, 2010 15:14 ET

Groupworks Named to PROFIT Magazine's HOT 50 Emerging Growth Companies

Groupworks Delivers on Growing Demand for Health Benefit, Pension and HR Solutions With Expert Advice for Canadian Companies

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2010) - Groupworks Financial Corp. (TSX VENTURE:GWC) has been recognized as one of the fastest growing emerging companies in Canada as part of PROFIT Magazine's HOT 50 ranking for 2010. Groupworks is a leading consolidator of Canadian Employee Benefit, Pension advisory and HR firms and is listed on the TSX Venture exchange.

"Groupworks is thrilled to be included with the best growth companies in Canada. We are proud of our track record of growth, from a humble startup in 2006 to a national advisory firm with over $300 million of in-force premiums in 2010," said Laurie Goldberg, Groupworks' Chairman & CEO. "As an emerging publicly listed company, we are especially thankful to all of our clients, advisors, employees, partners and stakeholders for their support in enabling our growth."

PROFIT Magazine's HOT 50 is the definitive ranking of Canada's Emerging Growth Companies. Published in the October issue of PROFIT magazine and online at and, the HOT 50 Canadian-owned, private and publicly traded companies based on percentage revenue growth over two years.

"Creativity, foresight and focus are just some of the traits required to launch a successful business in today's volatile marketplace," said PROFIT Magazine's Editor, Ian Portsmouth. "This year's PROFIT HOT 50 leaders have these qualities in abundance."

Among its recent accomplishments, Groupworks has added close to 100 new corporate clients and has expanded services in Quebec and Manitoba. The Company continues to introduce more comprehensive market solutions, build a broader source of suppliers and proprietary solutions and recruit a deeper bench of advisors and expertise. Today the Company provides services nationwide with over 150 staff in offices across six provinces.

One of Groupworks key milestones has been to bring together the top benefit, pension and HR advisors in the industry. Its advisors serve clients by designing and implementing cost effective benefit, pension and HR solutions to help them attract, retain and motivate their employees. The approach provides a key market advantage to enable cost competitive products and services for clients who, at the same time, must deliver programs that attract the talent they need to compete in today's marketplace.

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

About Groupworks Financial Corp.

Groupworks Financial Corp. is a leading employee benefits and pension consulting firm in Canada. With a growing national footprint and offices across six provinces, Groupworks is bringing together the leading advisors in the industry, offering innovative and customized HR, benefit and pension solutions to its clients. Additional corporate information is available at

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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