MONTREAL, Sept. 22, 2016 (GLOBE NEWSWIRE) -- Haivision, a market leader in enterprise video and streaming solutions, today announced that PROFIT magazine ranked Haivision on the 27th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies.
Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth. Haivision made the 2016 PROFIT 500 list with five-year revenue growth of 126 percent.
"We're honored to be on the PROFIT 500 ranking for a fourth consecutive year," said Mirko Wicha, president and chief executive officer at Haivision. "Our continued growth not only shows the strength of our video streaming and media management product portfolio, but also demonstrates the dedication of our employees and partners."
"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."
A private company that provides both software and services, Haivision was founded in 2004 to solve the challenges of using video in business environments. Today, Haivision has delivered over 40,000 video systems for more than 2,500 customers across the enterprise, broadcast and government industries, powering high quality video experiences for more than 10 million viewers daily.
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 Haivision
Haivision, a private company founded in 2004, provides media management and video streaming solutions that help the world's leading organizations communicate, collaborate and educate. Haivision is recognized as one of the most influential companies in video by Streaming Media and one of the fastest growing companies by Deloitte's Technology Fast 500. Haivision is headquartered in Montreal and Chicago, with regional offices located throughout the United States, Europe, Asia and South America. Learn more at haivision.com.