Syncapse Corp.

Syncapse Corp.

September 15, 2010 10:29 ET

Syncapse Corp. One of Top Ten Earners on 11th Annual PROFIT Hot 50 Ranking

Global leader in social media technology recognized as one of Canada's emerging growth companies for 2010

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2010) - Syncapse Corp., a global leader in social media technology, today announced it has placed 12th in the 11th annual PROFIT HOT 50 ranking of Canada's emerging growth companies. Syncapse is among the top ten companies on this year's list, according to 2009 revenue.

The PROFIT HOT 50 is the definitive ranking of Canada's Emerging Growth Companies. Published in the October issue of PROFIT magazine and online at PROFITguide.com, the PROFIT HOT 50 ranks young firms by two-year revenue growth. Since Syncapse was founded in 2007, the company's revenue has grown more than 700 per cent.

Syncapse helps marketers and agencies build, manage and measure their customer relationships through the use of cutting edge social media technology. Syncapse's client list includes Fortune 500 brands such as Pepsi International, Reckitt Benckiser, Anhueser-Busch InBev, Autism Speaks, JustGiving, The Carphone Warehouse and Photobox. Key milestones for the company in 2010 include launching SocialTALK, a leading enterprise-grade social publishing platform, raising $3.3 million in private equity funding, adding Rob Burgess, former CEO of Macromedia Inc. to the Board of Directors and acquiring Nudge Social Media, a UK-based social media development firm.

QUOTES

"For the past two years, the team at Syncapse has been working hard to create innovative, forward-thinking social technology solutions for some of the world's leading brands and agencies," said Michael Scissons, President and CEO, Syncapse Corp. "This award is a testament to the strength of our business model and the commitment of the talented individuals on our team."

"Creativity, foresight and focus are just some of the traits required to launch a successful business in today's volatile marketplace," says PROFIT editor Ian Portsmouth. "This year's PROFIT HOT 50 leaders have these qualities in abundance, plus many effective management ideas that other business owners would do well to borrow."

About Syncapse Corp.

Founded in 2007, Syncapse Corp. has quickly become the global technology leader in social media by delivering social technology solutions that empower brands and agencies to cost effectively build, manage and measure their digital customer relationships. A member of Facebook's Preferred Developer Consultant program, Syncapse's suite of solutions have connected brands with over 60 million consumers globally, delivered tens of millions of dollars in earned media value and have been recognized as one of the top social technology providers for brand marketers. Syncapse employs 140 passionate social technology practitioners in Toronto, New York, London and Portland. To learn more visit http://www.syncapse.com.

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 www.PROFITguide.com.

Contact Information

  • Syncapse Corp.
    Meg Sinclair
    Manager, Corporate Communications
    (O) +1.416.847.0392 / (M) +1.647.278.3807
    m.sinclair@syncapse.com