Managed Hosting Services
Sales & Support:  1.877.767.5577

Tenzing Earns Spot on PROFIT 100 list for 4th Consecutive Year


Tenzing is ranked among PROFIT magazine's top 100 fastest-growing Canadian companies

Toronto, Canada - Jun 10, 2009

Tenzing Managed IT Services (Tenzing), a managed hosting provider to companies with business-critical Internet applications, is honoured to be listed for the fourth consecutive year as one of the fastest- growing companies in Canada as reported by PROFIT magazine. PROFIT is one of Canada's leading business magazines, and the PROFIT 100 is its annual ranking of the top 100 Canadian companies based on the percentage of revenue growth over a five-year span. The complete list is published in the magazine's PROFIT 100 June 2009 issue, as well as at www.profit100.com.

From 2003 to 2008, Tenzing's revenues grew from $429,939 to more than $8 million, an increase of 1,785%. Tenzing is one of a select few companies to sustain a rate of growth sufficient to be on the PROFIT 100 for four years running. Last year, Tenzing was the only company in the "Top 10" to be on the list for three or more consecutive years.

Brian Shepard, CEO of Tenzing, credits his company's tremendous growth to its staff. "The expertise and commitment of staff to setting new standards of customer service in the hosting industry make the difference. Without great people, you cannot adopt a comprehensive, partnership approach to managed hosted services with mid to large enterprises and maintain a high quality of service through this high growth period."

"To make the Profit 100 for a fourth time in a row is a real achievement for us," noted Kelly Beardmore, Tenzing's CTO. "This is especially true given that we sold a non-core line of business and narrowed our target market to organizations needing enterprise-class managed hosting solutions. With the formal launch of our new enterprise-class Cloud hosting platform, EVEREST, this summer, we are even more excited about our growth opportunities in 2009."

About Tenzing

Founded in 1998, Tenzing's award-winning approach to hosting business-critical Internet applications is comprehensive and collaborative. Grounded in ITIL best practices, its award winning five-step "Summit with Tenzing" approach addresses the entire IT lifecycle to deliver a new level of managed IT hosting service. Tenzing is ISO 27001, SAS 70, and PCI certified and is a Microsoft Software + Services Incubation and BizSpark Partner. Tenzing's robust enterprise-grade EVEREST platform has been developed for mid to large enterprise, ISV's and SaaS organizations seeking unsurpassed performance, reliability, scalability, security and support. Tenzing has customer service centers in Kelowna, BC and Toronto, Ontario, and datacenters in Canada's primary NAPs: 151 Front Street, Toronto and the Harbour Centre, Vancouver.

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 more than 25 years, Canadian entrepreneurs 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 increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 to 250 employees and annual revenue of $1 million to $25 million, reaching 306,000 readers across Canada. Visit PROFIT online at http://www.PROFITmagazine.ca.

For more information, please contact:
Barry Cohen, Vice-President of Sales
Tenzing Managed IT Services
sales@tenzing.com
1.877.767.5577 ext 428

s