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Xenos Ranked One of Canada's Top 100 Tech Companies by Canadian Business Magazine
Jun 19, 2008 (08:06 AM EDT)
TORONTO, June 19 /PRNewswire-FirstCall/ - Xenos Group Inc. today announced that it ranked twenty-six in Canadian Business Magazine's recent Annual ranking of Canada's 100 top technology companies, based on return. In the review published in the July 21, 2008 issue, Xenos also ranked thirty-seven based on earnings per share, seventy-two based on performance and one hundred based on market cap.
Selection criteria for ranking in the Tech 100 included: - headquartered in Canada - conducts own meaningful advanced technology R&D - develops advanced hardware or software technology of its own for an end market - provides advanced IT services or manufactures advanced IT products - business model rests on a value proposition of in-house advanced technological knowledge and ingenuity
Consistent growth and profitability have led to Xenos' current ranking; recent earnings announced in May 2008 continue the trends of both year-over-year revenue growth (7th consecutive quarter) and improved EBITDA (6th consecutive quarter).
"Xenos continues to drive market innovation with its solutions for document and data transformation as an enterprise service that help Global 2000 organizations reduce cost, improve information access and meet Green IT objectives. Our earnings per share of $0.05 ranks Xenos thirty-seventh, reflecting our commitment to increase shareholder value by driving profitable revenue growth," said Stuart Butts, Chairman and CEO.
See the complete Tech 100 list at www.canadianbusiness.com/tech100. About Xenos
Xenos high-performance software solutions streamline enterprise information supply chains. We enable our customers to process, transform, repurpose, personalize and deliver their data and documents when they need it, where they need it and how they need it. Xenos extends the value of existing IT investments, enabling organizations to increase efficiency, agility and accountability, while supporting Green IT initiatives.
By streamlining, standardizing and automating the handling of information on demand, our customers reduce costs while increasing a powerful competitive advantage-adaptability. Xenos has customers worldwide in financial services, insurance, healthcare, telecommunications, manufacturing, logistics, transportation, retail and government sectors. Xenos sells and supports its solutions directly from offices in Canada, the United States, the United Kingdom and France and through a global partner network. For more information, visit www.xenos.com
CONTACT: Editorial Contact: Graham Barker, Xenos Group Inc., (905) firstname.lastname@example.org, ; Investor Relations Contact: Cory Pala, XenosGroup Inc., (416) 657-2400,