Monday, June 04, 2012
Mood Media Named one of Canada’s Fastest-Growing Companies
Toronto, Canada – 4 June, 2012 – Mood Media Corporation (TSX:MM / LSE AIM:MM), the world’s leading in-store media solutions provider, today announced that it has been named one of the fastest-growing companies in Canada by PROFIT Magazine for the second year in a row.
With US$330 million dollars in sales in 2011, representing an impressive 14,318% growth since 2006, Mood Media ranked high in the PROFIT 200 list, which profiles the country’s most successful growth companies.
Building on momentum from 2010, Mood Media accelerated its transformation of the in-store media marketplace with innovative new products, better and more efficient distribution platforms, expansion in fast-growing emerging markets, and a continued focus on operational excellence.
“We are very proud to be recognized for the second year in a row for our financial performance,” said Lorne Abony, CEO and Chairman of Mood Media Corporation. “At Mood Media we have an entrepreneurial culture that encourages our employees to challenge industry norms and be innovative. We are always bringing new solutions to our clients, and our reward has been our tremendous growth.”
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 an inspiration to Canadian entrepreneurs and would-be entrepreneurs,” says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. “PROFIT is proud to celebrate the success of these businesspeople, who, despite a challenging economy, have achieved outstanding success in a wide variety of fields.”24th annual PROFIT 200 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine