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Claron Technology Makes the PROFIT 200 List for the Third Consecutive Year
Date:6/1/2011

TORONTO, June 1, 2011 /PRNewswire/ -- Claron Technology makes the PROFIT 200 list for the third consecutive year.

Medical imaging software developer Claron Technology, headquartered in Toronto, has been included in the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement.

This is the 3rd consecutive year in which Claron appears on the list. Last year, Claron was ranked 82nd, based on its 760% revenue growth from 2004 to 2009. This year, Claron was ranked 191, based on its 212% revenue growth to $3,339K CAD ($3.4M USD) in 2010. The company, which is privately owned by its founders, has been profitable each year since its inception 10 years ago.

"The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage," says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they've come so far, so fast."

"We see our repeated inclusion in the PROFIT 200 list as a recognition of our ability to be of growing value to our corporate partners even during times when the industry went through painful cost cutting. We continue to build that ability by broadening our technology platform, adding to our team of 30 exceptionally productive engineers and creating a minimal overhead environment that encourages contact between engineers and customers," says Doron Dekel, co-founder and Co-CEO. "We currently see strong market interest in Nil, our zero-footprint (no install) applications technology, ClaroNav, our surgical-guidance products suite, and WIF
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SOURCE Claron Technology, Inc
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