Honeycomb Worldwide Inc. Ranked 15th by Profit Magazine on the Profit Hot 50 List of Canadian Emerging Growth Companies

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Honeycomb Worldwide Inc. is pleased to announce that it has been ranked #15 in the seventh annual Profit Hot 50. The Profit Hot 50 is the definitive ranking of Canada's 50 top emerging growth companies.

Honeycomb Worldwide Inc. is pleased to announce that it has been ranked #15 in the seventh annual Profit Hot 50.

The Profit Hot 50 is the definitive ranking of Canada’s 50 top emerging growth companies. Published in the October issue of Profit magazine and online at PROFITguide.com, the Profit Hot 50 ranks young firms by two-year sales growth. Honeycomb Worldwide achieved its ranking based on a 571% sales growth over the past two years (2004-2005).

According to Ian Portsmouth, editor of Profit, “The Profit Hot 50 companies represent the ambition, sophistication and immense contribution of Canada’s entrepreneurial sector. Profit is proud to celebrate the success of these businesses and to share their growth strategies.”

“It is an honor to be recognized in the Profit Hot 50 and to be included among this elite group of the fastest growing young companies in Canada,” said John Hughes, CEO of Honeycomb Worldwide. “Our goal is to provide our clients and members with the business information and peer-networking solutions they need in today’s fast-paced business environment. Our success stems from adapting traditional networking models to fit the demands and requirements of the 21st century business executive. I am thrilled with our growth and relate it back to the hard work and dedication of our employees.”

About Profit: Your Guide to Business Success

Profit: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to the CEOs of Canadian growth companies. Each year Profit, which currently reaches more than 370,000 readers nationally, hosts a number of events that bring together business leaders in the fast-growth segments 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 Honeycomb Worldwide, Inc.

Honeycomb Worldwide creates peer-to-peer business-oriented social networking communities, connecting senior level executives by delivering content through new and established media channels. Doing business as Honeycomb Connect, Xtalks, and The Advantage Board, Honeycomb Worldwide offers senior-level executives multiple touch-points—web conferencing, annual meetings, monthly virtual round-table discussions, and breakfast meetings—in which to connect with fellow executives, share information, and to gain ideas and solutions to today’s business challenges. Honeycomb Worldwide is headquartered in Toronto, Ontario, Canada and has recently opened an office in Chicago, Illinois, USA.

For further information contact JP Fozo, Vice President Business Development, Telephone: 416-977-6555, ext. 291, Fax: 416-977-6999, or visit our website http://www.honeycombworldwide.com to learn how the Honeycomb Worldwide group of companies can help you achieve your business objectives.

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