TORONTO, ON–(September 17, 2015) – Symbility Solutions Inc. (TSX VENTURE: SY), a global software company dedicated to developing applications for the insurance industry, is pleased to announce that Canadian Business and PROFIT today ranked Symbility Solutions No. 131 with five-year revenue growth of 506% on the 27th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Symbility’s recent acquisition, BNOTIONS also made the 2015 PROFIT 500 list ranked No. 39 with an impressive 1967% five-year revenue growth rate. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
“The PROFIT 500 represent the highest tier of entrepreneurialism in Canada,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “They should be lauded for the positive economic contributions they’ve made to their communities — and the entire country. They are examples of what can be accomplished with innovation, discipline and determination.”
“We are proud to be included on the PROFIT 500 list for now the third year in a row with an even higher five-year revenue growth rate than years past,” commented James Swayze, CEO, Symbility Solutions. “With the global insurance marketplace facing more disruption than any other commercial sector, our international expansion is fueling this continued growth and Symbility is well positioned for further expansion in the next five years.”
“We’re happy to make the PROFIT 500 List again along with Symbility Solutions and we expect that together we can continue to grow our businesses along with the needs of our clients,” commented Paul Crowe, CEO of BNOTIONS, Symbility Solutions Mobile Innovation Division. “We’ve built BNOTIONS on the back of mobile design and development, but we have already begun the transition to designing and engineering experiences covering machine-to-machine, wearables, and IoT. These technologies are where we believe we will see the majority of our growth happening in the future.”
About PROFIT and PROFITguide.com
PROFIT is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 years, Canadian entrepreneurs 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 at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total print readership of more than 600,000, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business-what leadership looks like.
About Symbility Solutions® Inc.
Symbility Solutions (TSX VENTURE: SY) is a global provider of cloud-based and mobile-enabled claims technology for the property and health insurance industries. Designed to be flexible and easy-to-use, Symbility Solutions’ two product suites, Symbility Property™ and Symbility Health™, empower insurers to collaborate across the entire claims processing workflow and reduce costs while delivering a market-leading claims experience. Symbility’s mobile innovation division, BNOTIONS, focuses on the design and development of leading technologies in the areas of mobile, the Internet of Things (IoT), Machine-to-Machine (M2M), and wearables. For more information, please visit www.symbilitysolutions.com or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.
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