TORONTO (June 2006) - The Greater Toronto Area (GTA) once again dominates the list of PROFIT Magazine’s ranking of Canada’s fastest growing companies with over 40 percent of the top 100 calling the Greater Toronto Area home.  The PROFIT 100 is the definitive list of Canada’s top growth businesses, ranking companies based on five-year sales growth, revenue growth, profit margin, number of employees and export as a percentage of sales.

Workbrain Corporation (Toronto), FundTrade Financial Corporation (Oakville), ASP Inc. (Burlington), Vanguard Global Services Inc. (Mississauga), Lorex Technology Inc. (Markham), and AIRIQ Inc. (Pickering) are among the top 20 fastest growing companies on the Profit 100 listing. Global success has been the primary reason why the average company on the PROFIT 100 list has achieved revenue growth of 2,597% over the past five years.

Time-after-time, GTA communities continue to be singled out among the best cities for doing business, offering the fundamentals that are critical to the success and growth of companies and the long-term economic benefit of our region.

Major transportation hubs, world-class post-secondary institutions and a skilled knowledge workforce are the foundations of the Toronto Region and have been cited by PROFIT magazine as key factors contributing to the global success and strong positioning in international markets of the fastest growing companies.

The PROFIT 100 results are a strong message for international investors of the tremendous business opportunities that the Toronto region has to offer. The GTMA will ensure that our message of prosperity, competitiveness and innovation is one that we will continue to promote internationally in attracting new investment to the region.

Access the full PROFIT 100 listing.

-30-

About the Greater Toronto Marketing Alliance:

The GTMA is a public-private partnership between the 29 municipalities and regions in the GTA, together with the Provincial and Federal governments, other non-profit organizations and a broad cross section of private sector corporations. The Greater Toronto Marketing Alliance (GTMA) is the key point of contact for exploring business opportunities in the GTA.  With the resources of its public and private sector partners, the GTMA provides essential business information and site selection services to facilitate investment in the Greater Toronto Area.  For more information visit: www.greatertoronto.org.