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Posted June 2, 2011

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Business Growth

Xylotek Solutions Named to PROFIT Magazine’s PROFIT 200 List

IT Company Ranks 101 on list of Canada’s Fastest-Growing Companies

CAMBRIDGE – Xylotek Solutions, a full-service, IT consulting firm, has been named one of Canada’s Fastest-Growing Companies in the 23rd annual PROFIT 200 ranking by PROFIT Magazine.

With a rapid revenue growth of more than 481 per cent over the last five years, Xylotek ranked 101 on the PROFIT 200 list of fastest-growing Canadian companies.

“We are deeply honoured to be included on this prestigious list,” said Douglas Grosfield, President and CEO of Xylotek. “When we started the company six years ago, we set out to fill a void in the market by providing the service and peace of mind that our clients needed. We credit our growth to our decision to focus on customer service rather than closing the sale and our ability to attract the best and the brightest.”

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country’s most successful growth companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada’s largest annual celebration of entrepreneurial achievement.

“The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage,” said Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. “PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they’ve come so far, so fast.”

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