ParetoLogic Receives 2011 PROFIT 200 Award For Its Incredible Growth
Online, June 1, 2011 (Newswire.com) - ParetoLogic has been featured in the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. 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.
Coming in at number 51 on the list, ParetoLogic proves that their user-centric business model is a sound one. "We've made some substantial developments over the past five years," said Elton Pereira, Co-Founder, President, and CEO of ParetoLogic. "We went from just two programs to our current roster of nine, our technology advanced with new research, and we've continued to build our users' trust. I'm pleased to see these achievement recognized by PROFIT 200."
ParetoLogic's notable revenue growth can be credited to their commitment to solving specific PC issues, and remaining user-focused. With each year bringing at least one new launch, ParetoLogic diversifies their offerings, while providing home PC users with the security and utility solutions they need. In consequence, ParetoLogic continues to expand and accrue new customers, as well as garner praise from organizations such as PROFIT.
"The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage," says 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."
ParetoLogic's story in particular never fails to inspire. Founded by four brothers in Victoria in 2004, the startup was instantly successful with their first anti-spyware software launch, XoftSpySE. Though their software lineup has grown and changed, the inspiration remains the same: help customers fix and secure their PCs, no matter what their level of experience. "We ensure that every product is designed with the user in mind," said Pereira. "We've built our business around making our customers happy - that attitude has shown results from day one."
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 29 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 PROFITguide.com.
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