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Tenzing Gains Momentum with Fifth Year in a Row on PROFIT 100 Ranking of
Canada's Fastest-Growing Companies


SaaS and Ecommerce hosting pioneer strengthens leadership status and places in Top 50; brings benefits of "Private Canadian Clouds" to companies looking for exceptional scalability and enterprise security

Toronto & Vancouver, Canada - June 2, 2010

Tenzing Managed IT Services, a leading provider of hosting solutions for Software-as-a-Service (SaaS) providers and Ecommerce systems integrators, has been listed at No. 34 on the 22nd annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. Tenzing is the first managed hosting provider, and one of only a few companies to be on the PROFIT 100 for five consecutive years.

From 2004 to 2009, Tenzing's revenue grew 1551%, from $605,545 to more than $10 million. The company is also the first managed services provider in Canada to have both SAS70 Type II (a widely recognized auditing standard developed by the American Institute of Certified Public Accountants) and ISO 27001 information security certifications to provide best-of-breed security and compliance controls. Tenzing enables Canadian and international companies hosting their business-critical applications in Canada to meet both legislative and performance demands as privacy and data protection concerns continue to grow.

"Since 2006, Tenzing has consistently maintained a strong ranking in the PROFIT 100 listing as we continue to build on our success in the SaaS and Ecommerce application hosting space," says Brian Shepard, Tenzing's CEO and Founder. "Our clients serve some of the world's biggest brands and they trust us to deliver a superior level of IT expertise and infrastructure for their business-critical applications."

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 PROFIT100.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.

About PROFIT Magazine

PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 28 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at www.profitmagazine.ca

About Tenzing Managed IT Services:

Founded in 1998, Tenzing is a managed hosting company that specializes in hosting enterprise-class software-as-a-service (SaaS) and Ecommerce applications. Tenzing's EVEREST hosting platform is trusted by leading SaaS Providers and Systems Integrators to meet the business demands of some of the world's largest companies. Through its mission-critical hosting architecture, mature IT Service Management (ITSM) practices, and comprehensive application-level Service Level Agreements (SLAs), Tenzing reduces the business risks and costs behind the reliable, secure, and scalable delivery of complex SaaS and Ecommerce applications. Tenzing is ISO 27001 and SAS70 Type II certified with data centres in Toronto, Vancouver and Kelowna, B.C.

Media Contacts:
Simon Keogh
Tenzing Managed IT Services
647.723.6469
simon.keogh@tenzing.com

Lizanne McReelis
Echo Communications
647.438.5414
lizanne@echo-communications.com



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