Tenzing Managed IT Services

Tenzing Managed IT Services

June 01, 2011 11:21 ET

Tenzing Named to the PROFIT 200 Ranking of Canada's Fastest-Growing Companies for Sixth Consecutive Year

Provider of Cloud Hosting Solutions for SaaS and Ecommerce Companies Ranked 82nd Among the Fastest-Growing Companies in Canada

TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2011) -Tenzing Managed IT Services (Tenzing), a leading provider of hosting solutions for Software-as-a-Service (SaaS) providers and Ecommerce systems integrators (SIs),has been named to the annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. Listed at No. 82, Tenzing is one of only a few companies to be on the PROFIT 200 for six consecutive years.

From 2005 to 2010, Tenzing's revenue grew 663%, from $1,543,879 to more than $11.7 million. The company's offerings include the Tenzing Everest Enterprise Cloud, which is optimized for SaaS, Ecommerce and enterprise companies as well as small to medium-sized businesses that want a Canadian-based cloud service that is fully managed, adheres to strict compliance requirements and offers application-level service level agreements (SLAs). Tenzing Everest Cloud, the company's just-launched public cloud offering, is built to enterprise-grade standards and provides customers with flexible pricing plans and an option to deploy their SaaS and Ecommerce applications to a Canadian or U.S. cloud based on their business and compliance requirements.

"With increasing demand for both private and public cloud offerings, Tenzing remains at the forefront of a growth industry," says Brian Shepard, Tenzing CEO and Founder. "We are very proud to say that since 2006, we have been ranked amongst Canada's corporate leaders in the PROFIT 200. This award is testament to the trust our clients – who serve some of the world's biggest brands – put in Tenzing to deliver a superior level of IT expertise and infrastructure for their business-critical applications."

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.

"The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage," says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they've come so far, so fast."

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 29 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 Tenzing Managed IT Services

Founded in 1998, Tenzing is a managed hosting company trusted by leading software-as-a-service (SaaS) providers and Ecommerce systems integrators to deliver business critical applications to some of the world's largest companies and most recognizable brands. Tenzing's mission-critical hosting infrastructure, mature IT Service Management (ITSM) practices, and comprehensive application-level Service Level Agreements (SLAs), enable the reliable, secure, and scalable delivery of complex SaaS and Ecommerce applications. Tenzing is ISO 27001 and SAS 70 Type II certified with data centres in Toronto, Vancouver and Kelowna. For more information, visit www.tenzing.com.

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