Business
RUM Awarded PROFIT 200 Canada's Fastest-Growing Companies Ranking for a Second Consecutive Year
RUM Awarded PROFIT 200 Canada's Fastest-Growing Companies Ranking for a Second Consecutive Yea...
About this update from Rocky Mountain Liquor Inc.
[{"type":"text","content":"\nRUM Awarded PROFIT 200 Canada's Fastest-Growing Companies Ranking for a Second Consecutive Year\n\nRUM Awarded PROFIT 200 Canada's Fastest-Growing Companies Ranking for a Second Consecutive Year\nEdmonton, Alberta CANADA, June 04, 2012 /FSC/ - Rocky Mountain Liquor Inc. (RUM - TSX Venture), \nThe 24th annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine has been announced. Among the recipients of the ranking was Rocky Mountain Liquor Inc. (TSX-V: RUM) (\"Rocky Mountain Liquor\" or \"RUM\" or the \"Company). Rocky Mountain Liquor placed 160 in Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the Country's most successful growth companies. \nPublished in the summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement. 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 ranking is available at http://www.profitguide.com/microsite/profit200/2012 \n\"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.\"\nThis 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 for a second consecutive time. 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.\nPeter Byrne CEO of Rocky Mountain Liquor said \"We are extremely excited to be awarded this honour for the second consecutive year, with a rise in ranking of 8 spots, from 168 in 2011 to 160 in 2012. The double-barrelled success of repeating this national recognition by PROFIT, and having also repeated the Fast Growth 50 Award by Albert...