Trow Associates Inc.

Trow Associates Inc.

March 09, 2007 11:13 ET

Trow Named One of Canada's 50 Best Managed Companies

BRAMPTON, ONTARIO--(CCNMatthews - March 9, 2007) - Trow Associates Inc. (Trow) is proud to announce that it has triumphed over thousands of other applicants and been awarded a 2006 Canada's 50 Best Managed Companies award. This prestigious national award is sponsored by Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business.

"This award is a tribute to Trow's strong leadership, talented workforce and unsurpassed corporate values. We are proud to include Trow as one of this year's Canada's 50 Best Managed Companies," explains James McSherry, Executive Vice President and Managing Director of CIBC Commercial Banking, a national sponsor of the Best Managed program.

Trow is a global engineering and consulting company with offices in Canada and abroad. This company has grown at a rate approaching 20% per annum over the past several years, diversified into new services and markets, and expanded geographically into Alberta, British Columbia, Northern Ontario and Quebec. Approaching 17 acquisitions in 10 years, eight of those within the last two years alone, Trow has reinvented itself as a full service, multi-disciplinary firm. With staff of 1000, Trow is continuing on its path of strong growth and sustainable earnings.

The Canada's 50 Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

"We are once again pleased to be honoured with this very prestigious award of being named one of Canada's Best Managed for 2006," says Vlad Stritesky, President of Trow. "Our employees have worked very hard for this honour and we are thankful for the collective contributions of everybody throughout our organization, particularly for those who make things happen day after day. This award comes as we celebrate our 50 year anniversary and is a testament to our focus and drive in becoming a truly national firm."

2006 winners of the Canada's 50 Best Managed Companies award, along with Requalified and Platinum Club members, were honoured at the annual Best Managed gala in Toronto on February 12, 2007. On the same date, the Best Managed symposium addressed leading-edge business issues that are key to the success of today's business leaders.

About 50 Best Managed Companies

Established in 1993, Canada's 50 Best Managed Companies (Best Managed) is one of the country's leading business awards program, recognizing excellence in Canadian-owned and managed companies with revenues over $10 million. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices. The awards are granted on three levels: 1) Best Managed winner (one of the 50 new winners selected each year), 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review), 3) Platinum Club member (winners that have maintained Best Managed status for a minimum six consecutive years). Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. For further information, please visit www.canadas50best.com.

About Trow Associates Inc. (www.trow.com)

Founded in 1957 and celebrating its 50 year anniversary, Trow is a global engineering and consulting company. With offices across North America and projects around the globe, Trow offers clients in both the private and public sectors a full range of services provided by a dedicated team of 1000, which includes specialist engineers, scientists, project managers and technical experts in more than 35 locations. Selected as a winner of Canada's 50 Best Managed Programs for 2006, Trow practices in over one hundred technical disciplines specializing in Buildings, the Environment, GeoScience, Infrastructure, and Materials & Quality Management. Today the company continues to enjoy dynamic growth across Canada and internationally.

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