Komunik Corporation

Komunik Corporation


June 11, 2008 18:28 ET

Komunik Ranks 1st in Quebec and 2nd in Canada in Fastest-Growing Companies

MONTREAL, QUEBEC--(Marketwire - June 11, 2008) - According to the magazine L'actualite, Komunik Corporation ("Komunik") (TSX:KOM) is now the fastest-growing company in Quebec. Moreover, it also ranks 2nd place in Canada according to the newly published 20th annual PROFIT 100 ranking of Canada's fastest-growing companies by PROFIT Magazine.

PROFIT 100, which ranks Canada's fastest-growing companies by five-year revenue growth, has been published annually for 20 years by Profit Magazine and for 14 years by L'actualite. In their recent issues, PROFIT Magazine and L'actualite referred to Komunik as a success story with revenues growing from $689,835 in 2002 to $73.7 million in 2007.

Komunik is now sitting atop the growth ranking list published by the magazine L'actualite. Despite recent drops in several markets, Komunik has been able to identify and take advantage of many opportunities by redesigning its services, as described in the publication.

"Every CEO or business owner can learn from and be inspired by the success stories celebrated by PROFIT 100. Clearly, it takes something exceptional to rank among the entrepreneurial elite of the PROFIT 100," stated PROFIT Magazine.

"We are very happy with this recognition and yet, for us, it's only the beginning. Today, our trailing 12 month revenues are approximately $100 Million. The restructuring of Datamark Systems Group, our latest acquisition, should give us the necessary leverage to reach our business objectives, which is to become the North American Leader in Communication Resource Management" stated Alain Paquin, President and Chief Executive Officer of Komunik.

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 more than 25 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 increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 - 250 employees and annual revenue of $1 million to $25 million, reaching more than 300,000 readers across Canada. Visit PROFIT online at www.PROFITmagazine.ca.

About Komunik Corporation

Komunik is a leading provider of end-to-end solutions for Communication Resource Management, helping our clients increase their efficiency by better managing their overall communications.

Komunik develops high-end technology and provides expertise and support for document management, multi-channel relationship marketing and overall print services. Our clients count on hundreds of experienced employees with experts covering each area of our value proposition. Our nationwide network of six production and project development facilities and five distribution centers, touch points in every major Canadian city, as well as strategically located offices in the United States, ensures that our clients benefit from local support. For more information about Komunik visit www.komunik.com.

Cautionary note about forward-looking statements

Some of the statements made in this release may constitute forward-looking information or statements within the meaning of securities laws. These statements are based on certain factors and assumptions, which Komunik believes are reasonable as of the current date. While Komunik considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect. Komunik cautions that actual future performance could be affected by a number of factors, including technological change, regulatory change and competitive factors, many of which are beyond Komunik's control. Therefore, future events and results may vary substantially from what Komunik currently foresees. While Komunik may elect to, it is under no obligation (and expressly disclaims any such obligation) and does not undertake to update or alter this information.

Contact Information

  • Massy-Forget Public Relations
    David Barrett, Consultant
    514-842-2455 ext. 15
    Mobile: 514-823-3726