Operitel Corporation Named One of Canada’s Emerging Growth Companies in the Seventh Annual PROFIT HOT 50 Ranking

Peterborough, ON: September 18, 2006 - Operitel Corporation has been selected as one of the “PROFIT HOT 50” companies published annually by PROFIT: Your Guide to Business Success magazine. Operitel’s phenomenal growth over the past two years rocketed the Peterborough-based firm on to the PROFIT list of Canada’s Emerging Growth Companies. Operitel achieved its rank based on sales growth of 210 percent over the past two years (2004-2005).

“The PROFIT HOT 50 companies represent the ambition, sophistication and immense contributions of Canada’s entrepreneurial sector, says editor Ian Portsmouth. “PROFIT is proud to celebrate the success of these businesses and to share their growth strategies.”

The PROFIT HOT 50 is the definitive ranking of emerging Canadian growth companies. Published in the October issue of PROFIT magazine and online at PROFITguide.com, the PROFIT HOT 50 ranks young firms by two-year sales growth.

“It’s an honor to be recognized in the PROFIT HOT 50 as a company that has displayed both strong financial management and steady growth since our inception,” said Michael Skinner, President and CEO of Operitel Corporation. “By providing our clients with highest quality solutions and support and paying close attention to their needs, our company and our solutions have been recognized for their superiority. In such a highly competitive and evolving industry, I am delighted with our success. It is a true testament to the hard work and dedication of our employees"

About PROFIT: Your Guide to Business Success
PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to the CEOs of Canadian growth companies. Each year PROFIT—which currently reaches more than 370,000 readers nationally—hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982, as Canada’s first national magazine geared to entrepreneurs. Visit PROFITguide.com.

About Operitel
Operitel Corporation, producer and distributor of the award winning LearnFlex™ Learning Management System, is an educational technology company that specializes in building adaptive web-based enterprise-level applications. Over the past five years, Operitel personnel have built and deployed applications for many clients in the high tech, financial, educational, and transportation sectors. Operitel is committed to supporting organizations in the acquisition, creation, and transfer of information and knowledge - the essential ingredients for success in a rapidly changing global economy. Operitel is located in Peterborough, Ontario, Canada.

Contact Information

Pamela Fragomeli

Marketing Manager

Operitel Corporation

Contact via E-mail