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Fusepoint Picked as One of Canada's Fastest Growing Companies

Tue Jun 3, 2008 3:06pm EDT
  TORONTO, ONTARIO, Jun 03 (MARKET WIRE) -- 
 Editors Note: A photo and video are included with this press release.

    Fusepoint Managed Services, the leading provider of outsourced managed IT
and infrastructure services to mid-market organizations in Canada, has
been recognized in the 20th annual PROFIT 100 ranking of Canada's
Fastest-Growing Companies by PROFIT Magazine as number 46.

    Fusepoint's revenue has grown 1,400% over the past five years, as over
400 new customers including The Canadian Football League, Bell Canada,
Fujitsu, Maple Leaf Foods, Colliers International, CIBC, Rogers
Communications, and the Royal Canadian Mint have all chosen Fusepoint's
fully managed and colocation services. Ranking Canada's Fastest-Growing
Companies by five-year revenue growth, the PROFIT 100 profiles the
country's most successful growth companies.

    Published in the June issue of PROFIT and online at PROFIT100.com, the
PROFIT 100 is Canada's largest annual celebration of entrepreneurial
achievement.

    "Our dedication to delivering outstanding service continues to pay
dividends both operationally and financially," said George Kerns,
President and CEO of Fusepoint. "Recruiting highly-skilled staff and
investing in technical and infrastructure upgrades enables Fusepoint to
grow in lock-step with our customers and their specialized IT needs. We
are very pleased to be recognized by PROFIT as one of Canada's fastest
growing companies and our success results from having a top-notch team in
place."

    "The PROFIT 100 are role models for anyone who wants to expand their
business domestically or internationally," says Ian Portsmouth, editor of
PROFIT. "All entrepreneurs can take great lessons from the product
development, human resources and marketing practices of Canada's
Fastest-Growing Companies."

    Having recently announced the expansion of its Vancouver data centre,
Fusepoint is also planning additional facilities development in Toronto
to meet increased demand.

    "Issues surrounding the compliance and regulation of sensitive and
private data have ignited a firestorm in the managed services market as
companies scramble to keep pace with a growing list of technical
requirements," added Kerns. "Fusepoint has been able to leverage our
continued investments in areas of compliance certifications such as CICA
5970, SAS 70 Type II, and Tier 1 PCI that give Fusepoint an advantage
over the competition. In short, we believe our growth is a direct
reflection of our technical command of managed services."

    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 more than 25 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 increase their revenues, boost their profitability and get the
recognition they deserve for generating positive economic and social
change. Published six times a year by Rogers Publishing Ltd., PROFIT is
distributed almost exclusively to the chief executives of companies with
5 - 250 employees and annual revenue of $1 million to $25 million,
reaching more than 300,000 readers across Canada. Visit PROFIT online at
www.PROFITmagazine.ca.

    About Fusepoint Managed Services

    Founded in 1999, Fusepoint is a privately held company with offices and
data centres in Vancouver, Toronto, Montreal and Quebec City. Through our
proven record of success we have built a loyal base of over 400 customers
and strong, strategic relationships with Canada's leading technology and
communication companies.

    Fusepoint's managed IT solutions are SLA-guaranteed, scalable and
designed to reduce cost structures while mitigating risk. Fusepoint is
also SAS 70 Type II, CICA 5970, and most recently PCI compliant, which
means our processes are rigorously and continuously audited by an
accredited third party and consistently operate at the highest levels
within the industry. For more information, visit www.fusepoint.com.

    MULTIMEDIA AVAILABLE:  media3.marketwire.com/fm/3396

Contacts:
Environics Communications
Jill Yetman
(416) 969-2722
Email: jyetman@environicspr.com

Environics Communications
Laura Butcher
(416) 969-2766
Email: lbutcher@environicspr.com

Fusepoint Managed Services
Roger Hamshaw
Director Marketing
(905) 363-3796
Email: Roger.hamshaw@fusepoint.com
Website: www.fusepoint.com

Copyright 2008, Market Wire, All rights reserved.

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