Mint Technology Corp.
TSX VENTURE : MIT

Mint Technology Corp.

June 05, 2012 10:49 ET

Mint Ranks 9th Among Tech Stocks in Canada

TORONTO, ONTARIO--(Marketwire - June 5, 2012) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Mint Technology Corp. ("Mint or the "Company") (TSX VENTURE:MIT) announces today that the Company has ranked 9th (according to CANTECH article June 4th, 2012) among tech stocks and 151st overall in the 24th annual PROFIT 200 ("PROFIT 200") ranking of Canada's Fastest-Growing Companies by PROFIT Magazine ("PROFIT"). Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Published in the summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.

Ian Portsmouth, Editor-in-Chief, said, "The PROFIT 200 companies are an inspiration to Canadian entrepreneurs and would-be entrepreneurs. PROFIT is proud to celebrate the success of businesspeople, who, despite a challenging economy, have achieved outstanding success in a wide variety of fields."

Chris Hogg, Executive Chairman, said today, "We feel honored to have been recognized by PROFIT 200, especially since the ranking covered the period from 2006 - 2011 and we feel our most explosive growth is yet to come. We have never forgotten our Canadian roots and the support the Canadian investment community has shown Mint and we are proud to have achieved this great accomplishment. With the execution of our current business strategy, I expect Mint to steadily climb in the rankings over the next few years."

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 30 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 PROFITguide.com.

ABOUT MINT TECHNOLOGY CORP

Established in 2004, Mint is the world's first vertically integrated prepaid card and payroll services provider with its own ATM network, payment processing platform and proprietary branded card product including microcredit, mobile top up and money remittance services delivered seamlessly to workers throughout the Middle East and North Africa region. Mint operates through 4 subsidiaries, Mint Middle East, a payroll card services provider, Mint Capital (for Mint Money group of products), a financial products company, Mint Global Processing, a fully integrated third party processing platform and soon to launch, Mint Merchant Services, a POS and ATM network solutions business. Mint has 65 employees in 8 offices in UAE (3), Qatar, Jordan, Egypt, USA and Canada where Mint is listed on the Toronto Stock Exchange (TSX VENTURE:MIT).

For additional information please visit www.mintinc.com.

NEITHER 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 RELEASE.

Contact Information