Toronto, CANADA, September 17, 2015 - Eurocontrol Technics Group Inc. (TSX Venture: EUO) (“Eurocontrol” or the “Company”), a Canadian public company specializing in the acquisition, development and commercialization of innovative energy security, authentication, verification and certification technologies, is pleased to announce that Canadian Business and PROFIT today ranked Eurocontrol No. 221 on the 27th annual PROFIT 500. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles Canada’s most successful growth companies. A joint venture between Canada’s premier business brands, the PROFIT 500 is published in the July issue of Canadian Business and online at PROFITguide.com.
Eurocontrol made the 2015 PROFIT 500 list with five-year revenue growth of 267% an increase of 123% over the 144% five-year revenue growth in 2014. The Company’s ranking on the list improved as well – No. 221 versus No. 337 in 2014.
“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."
Bruce Rowlands, Chairman and Chief Executive Officer stated: “We are very pleased to be acknowledged by the PROFIT 500 list of Canada’s Fastest-Growing Companies for the second year and look forward to being included on the list in future years as Eurocontrol captures royalties from its anticipated agreement with SICPA and expands its business focus in the authentication space.”