Bay Street News

For the 4th Year in a Row, Symbility Makes Profit 500 List of Canada’s Fastest-Growing Companies

TORONTO, ON–(Marketwired – September 15, 2016) – Symbility Solutions Inc., (TSX VENTURE: SY), a global software company focused on modernizing the insurance industry, is pleased to announce that for the fourth consecutive year, Symbility Solutions has been listed on the annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. This year Symbility has ranked No. 174 with five-year revenue growth of 354%.

“We are proud to be included on the PROFIT 500 ranking again this year,” commented James Swayze, CEO, Symbility Solutions. “Maintaining a high rate of growth as a SaaS business becomes increasingly challenging as a company becomes larger. Our international expansion and diverse product portfolio has helped us maintain the growth rates that keep us among the leaders in Canada.”

“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe.”

ABOUT SYMBILITY

Symbility (TSX VENTURE: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property and health industries, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY™ brings smarter thinking to property insurance. Symbility HEALTH™ helps benefits professionals build their brands and businesses. Our strategic services team, Symbility INTERSECT™ empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. With our three segments pushing industries forward, Symbility proves that change for the better is entirely possible. symbilitysolutions.com

ABOUT PROFIT AND PROFITGUIDE.COM
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 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 achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

ABOUT CANADIAN BUSINESS

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business — what leadership looks like.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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MEDIA CONTACTS
James R. Swayze
Chief Executive Officer
(647) 775- 8603
jswayze@symbilitysolutions.com

Blair R. Baxter
Chief Financial Officer
(647) 775-8608
bbaxter@symbilitysolutions.com

Lucy De Oliveira
Global Marketing Director
(647) 775-8607
ldeoliveira@symbilitysolutions.com