Business
RUM Awarded PROFIT 200 Canada's Fast Growing Companies Ranking
Jun. 3, 2011 (Filing Services Canada) -- Rocky Mountain Liquor Inc. (RUM - TSX Venture), The ...
About this update from Rocky Mountain Liquor Inc.
[{"type":"text","content":"\nRUM Awarded PROFIT 200 Canada's Fast Growing Companies Ranking\n\n Jun. 3, 2011 (Filing Services Canada) -- Rocky Mountain Liquor Inc. (RUM - TSX Venture), The 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine has been  announced.  Among the first time recipients of the ranking was Rocky Mountain Liquor Inc. (TSX-V: RUM) (\"Rocky Mountain Liquor\" or \"RUM\" or the \"Company). Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the Country's most successful growth companies. The award was evaluated on the five year growth of Andersons Liquor Inc., who are the wholly owned subsidiary of Rocky Mountain Liquor as a result of a reverse takeover in December of 2008. RUM was a Canadian Capital Pool Corporation at that time. The rankings are 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 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.\" This is Rocky Mountain Liquor's second fast growth award this year. In February, the Company was awarded the Alberta Venture Magazine's Fast Growth 50 Award for Alberta based companies.  The Fast Growth 50 were judged on sales and capital asset increases over the past 3 three years as well as employee growth, R&D expenditures, marketing programs, and capital investments. The PROFIT  200 award is based on a longer, five year revenue growth measurement.Peter Byrne CEO of Rocky Mountain Liquor said, \"We are extremely excited about the continued and objective recognition of our aggressive growth. To follow our award in Alberta this year with this national recognition by PROFIT, Canada's preeminent business management publication, is a dynamic boost of confidence for our team. It is based on objective metrics and is based on a five year, long term growth pattern.\" RUM ranked number 168, with a 250% revenue growth over the evaluation period.  The rankings can be viewed online athttp://list.profitguide.com/rankings/profit200/2011/Default.aspx?sp2=1&sc1=0&d1=a   About Roc...