Replicon, Inc. Named Among PROFIT 100 Ranking of Canada’s Fastest-Growing Companies

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Company lands on the PROFIT 100 profiles of the country’s most successful growth companies.

Replicon, Inc., the corporate time and expense tracking vendor of choice for businesses, today announced that it is named on PROFIT magazine's annual ranking of Canada's Fastest Growing Companies for the fifth year in a row.

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 are honored to be named among Canada’s most successful growing companies," exclaimed Raj Narayanaswamy, Replicon's co-founder and co-CEO. "Replicon continues to experience exponential growth because we are committed to delivering easy-to-use, web-based products to businesses."

Replicon, Inc. is recognized on the PROFIT 100 list with a five-year revenue base growth of 719 per cent. This is the fifth consecutive year that Replicon, Inc. has been named one of Canada's fastest growing companies. In the past year, Replicon has expanded its total user base to more than 1 million users in 55 countries.

"The PROFIT 100 are role models for anyone who wants to seize today’s best business opportunities,” says Ian Portsmouth, editor of PROFIT. “By differentiating their products and applying creative management thinking, Canada’s fastest-growing companies are outpacing the competition at home and abroad.”

Replicon's Web TimeSheet™ helps organizations manage corporate productivity, streamline time and billing, and increase bottom-line revenues. Replicon's full line of enterprise solution products are available for purchase and easy download at Replicon's web site, http://www.replicon.com.

About PROFIT

PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's growing companies. Each year PROFIT—which currently reaches more than 373,000 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.

About Replicon

With more than 3,700 customers in 55 countries, Replicon, Inc. is the industry leader of web-based time and expense management solutions. Founded in 1996, Replicon, Inc. enables companies to maximize profitability and productivity. Our product suite of Web TimeSheet, Web Resource, and Web TimeOff facilitates a myriad of front and back office solutions, including billing, resource planning, budgeting and control, and employee time and expense. Our clients include Ernst & Young, Sony Music Entertainment, Charles Schwab, and Volvo. Replicon, http://www.replicon.com/?r=pr is based in Calgary, Alberta, Canada.

Media Contact:

Arlene Worsley

403/262-6519 ext. 284

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Arlene Worsley