Pythian One of Canada's Fastest-Growing Companies for Third Consecutive Year

Continued growth earns Pythian a spot on the nationwide PROFIT 200 list, Canada's largest annual celebration of entrepreneurial achievement


OTTAWA, CANADA--(Marketwire - June 4, 2012) - Pythian once again ranks among Canada's Fastest-Growing Companies, securing a place on PROFIT Magazine's PROFIT 200 list for the third year in a row as a Canadian innovator, trailblazer and job creator.

Pythian, a leading provider of remote database and applications infrastructure and consulting services, placed 183rd on the 24th annual PROFIT 200 list. Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Pythian's profits grew 40 percent in 2011, continuing a trend of doubling every two years. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.

"The PROFIT 200 companies are an inspiration to Canadian entrepreneurs and would-be entrepreneurs," says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. PROFIT is proud to celebrate the success of these businesspeople, who, despite a challenging economy, have achieved outstanding success in a wide variety of fields."

Pythian's success is credited to its exceptional leadership team, strong and talented employee base, loyal clients and global reach, according to CEO Andrew Waitman.

"It's an honour to be recognized again by PROFIT Magazine. We're proud to be included in such a prominent and celebrated national list," Waitman said. "The ranking is testament to Pythian's ability to sustain accelerated growth in this industry."

Pythian expanded in 2011, adding offices in Toronto, San Francisco, New York and the United Kingdom. The company also launched a reseller business as a Platinum member of the Oracle PartnerNetwork, providing not only core database expertise but also Oracle software and hardware to customers.

The PROFIT 200 announcement complements Pythian's ranking on the 2012 Branham300, the definitive listing of Canada's multinational information and communications technology companies. Pythian also received the 2012 Employer Excellence Award for Retention and Engagement by Hire Immigrants Ottawa for its accomplishments in workplace diversity.

Combined, the companies on the PROFIT 200 have contributed 14,943 jobs in Canada from 2006 to 2011.

About Pythian

With headquarters in Ottawa and offices around the world, Pythian is a global database and application infrastructure services company for Oracle, MySQL and Microsoft SQL Server. A Platinum member of the Oracle PartnerNetwork, companies have entrusted Pythian since 1997 to keep their database infrastructures running efficiently and to help them strategically align their IT and business goals. Pythian's unparalleled DBA skills, mature methodologies, and best practices and tools enable clients to do more with fewer resources. Learn more about Pythian at http://www.pythian.com. Follow Pythian on Twitter at http://bit.ly/pythiantwitter or LinkedIn at http://linkd.in/pythian

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 30 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 www.PROFITguide.com

Contact Information:

Vanessa Simmons
Director of Marketing
Pythian
1-613-897-9444
simmons@pythian.com