N-able Technologies Named One of Canada's Fastest-Growing Companies by PROFIT Magazine Two Years in a Row
Industry Leader Earns Top Spot on PROFIT 100 for Impressive Five-Year Revenue Growth.
Ottawa, Canada — June 4, 2008 — N-able Technologies®, the preferred supplier of IT automation, remote monitoring and management software and specialized business support services for managed service providers (MSPs), today announced it has been named to the 20th annual PROFIT 100 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine for the second year in a row.
Ranking No. 72 with a strong five-year revenue growth of approximately 826 percent, N-able is once again one of the top performing Ottawa-based companies featured on the annual PROFIT 100 list. N-able debuted on the PROFIT 100 in 2007 with an impressive five-year revenue gain that earned the managed services software innovator a spot in the Top 25.
"Being named to the PROFIT 100 two years running is an incredible honor that not only recognizes N-able's high-performance culture and growth, but also captures the entrepreneurial spirit that continues to drive our team to innovate and ensure our partners are the most successful MSPs in the world," says Gavin Garbutt, president and CEO of N-able Technologies. "Our growth mirrors the success of our partners and can be attributed to the investments we make in our people, processes, partners and technology."
The PROFIT 100 profiles the country's most successful growth companies, ranking Canada's fastest-growing companies by five-year revenue growth. Published in the June issue of PROFIT and online at PROFIT100.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.
According to PROFIT Magazine's Editor Ian Portsmouth, N-able Technologies and the entire PROFIT 100 serve as role models for anyone who wants to expand their business domestically or internationally. "All entrepreneurs can take great lessons from the product development, human resources, and marketing practices of Canada's Fastest-Growing Companies," says Portsmouth.
The PROFIT 100 honor is the latest in a growing list of business and technology awards and recognitions earned by N-able. Earlier this year the company was named one of North America's top IT vendors by Everything Channel for the fourth year in a row, earning a 5-Star Gold ranking for its channel partner program. In 2007, N-able won numerous channel and industry awards, including the Tech Innovator award from CMP Channel's VARBusiness for its N-central® 6.5 managed services software. CEO Gavin Garbutt was recognized as one of the Top 25 Most Innovative IT Channel Executives by CRN and the company made its debut on Deloitte's Fast 500, and once again ranked among Deloitte Canada's Technology Fast 50. N-able's N-central 6.5 software was also rated No. 1 in a comprehensive, multi-vendor review of competitive managed services software published by CRN in September 2007. Additional company awards can be found at http://www.n-able.com/news/awards/.
For more information about N-able, visit www.n-able.com or call 1-877-655-4689.
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 more than 25 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source for actionable information that helps them increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 — 250 employees and annual revenue of $1 million to $25 million, reaching more than 300,000 readers across Canada. Visit PROFIT online at www.PROFITmagazine.ca.
About N-able TechnologiesN-able Technologies is the preferred global supplier of remote monitoring and management technology and business transformation services for managed service providers. N-able's proven platforms offer the right combination of technology, people and processes, which help IT service providers to deliver highly profitable managed services to small and medium-sized businesses. N-able maintains operations in North America, the U.K., Asia- Pacific and Australia.
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