TNG Networks Inc.

TNG Networks Inc.

June 01, 2011 10:06 ET

TNG Networks Ranks 150th Among Canada's Fastest-Growing Companies

TORONTO, ONTARIO--(Marketwire - June 1, 2011) - TNG Networks, a rising leader in IT services, today announced that the company has been placed 150th among the top 200 companies in the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. Over the last five years, TNG Networks has achieved phenomenal revenue growth of 301% across all sectors of our business including successfully gaining a rapidly growing foothold in the United States with the opening of our offices in Chicago and New York City in 2009.

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 business people to learn more about the many ways they've come so far, so fast."

Stephen Simmons, President and CEO of TNG Networks adds: "Attaining a place in the PROFIT 200 ranking of Canada's fastest-growing Companies by PROFIT Magazine is such an honour for me and the dedicated members of TNG. It is recognition of all the strategizing, planning and hard work we have done over the years to reach this point. We live by the credo – Imagine IT, Plan IT, Do IT and I truly believe we execute against that every day. Each person in TNG is tasked through our performance bonus plan to better themselves, their clients and the community. We take extreme pride in trying to attain those goals while delivering outstanding value to our clients. I want to personally thank each and every one of the people inside TNG who believe in what we are trying to accomplish and our fabulous client base who entrust their data and their business with us. We are growing inside our core business, but to be truly entrepreneurial, we have to constantly be looking over the horizon at the trends that are coming and course correct as required. This will allow us to succeed and prosper."

About TNG Networks:

Founded in 1994, TNG Networks is a privately held professional services firm specializing in providing outstanding IT based services to an ever increasing group of dynamic and forward looking clients. TNG, with offices in Toronto, Chicago and New York, focuses on outsourced IT management and support, remote help desk, system monitoring, cloud based solutions, managed services and private cloud solutions including implementation, security and compliance from the database environment to the perimeter of our environments.

Working closely with strategic partners such as Microsoft, HP, Cisco, Apple, RIM and Citrix, TNG is well positioned to offer the best solutions and ongoing support in the areas our clients are moving to. We help guide our clients along the leading edge of technology without stepping over to the bleeding edge. Please visit TNG online at tng.ca.

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.

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