June 14, 2007
Digital Rapids Named Fourth Fastest-Growing Company in Canada by PROFIT Magazine
Markham, Ontario: Digital Rapids – a leading developer of scalable solutions for video capture, encoding, transcoding, protection and delivery – has placed fourth in the 19th annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine.
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 PROFITguide.com, the PROFIT 100 is Canada’s largest annual celebration of entrepreneurial achievement.
"We're pleased to be recognized by PROFIT Magazine as one of Canada's fastest growing companies, and we look forward to continuing this success as we and our customers craft the future of television and video," said Brick Eksten, President of Digital Rapids Corporation. "By building on our core values of high-quality technical innovation, integrity and industry insight, we have a solid platform for continuing to grow our business and helping our customers to do the same."
"PROFIT 100 companies are the new heroes of Canadian business, creating jobs at home and products used around the world," said Ian Portsmouth, editor of PROFIT Magazine. "They’ve accomplished this by building great employee teams, exploiting export markets and rapidly responding to the customer’s fast-changing needs."
About Digital Rapids Corporation – Digital Rapids is a leading developer of professional hardware and software solutions for video ingest, encoding, transcoding, protection, streaming, and delivery. Digital Rapids offers solutions that scale from individual applications to enterprise and global workflows, with the proven expertise to help our customers maximize their productivity and the value of their content in the evolving digital media market. Digital Rapids products integrate seamlessly into new and existing post production, broadcast, institutional and media distribution environments, dramatically increasing the volume and quality of media produced while lowering overall costs. Digital Rapids Corporation (www.digital-rapids.com) is headquartered in Ontario, Canada with sales offices in the United States, the UK and Australia.
About PROFIT Magazine – PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada’s fastest-growing companies. Each year PROFIT – which currently reaches more than 300,000 readers nationally – hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit PROFITguide.com.