Bridges.com - One of Canada's 10 Fastest-Growing Tech Firms
KELOWNA, BC, Sept. 28 /CNW/ - Bridges.com Inc. (TSE:BIT) has experienced
revenue growth of more than 3,250 per cent over the past five years, earning a
place among the 10 fastest-growing technology companies in Canada.
Bridges.com's ninth-place ranking on the Canadian Technology Fast 50 list
was announced today by Deloitte & Touche.
The Fast 50 list ranks Canada's fastest-growing software, Internet,
semiconductor, biotechnology and communications companies according to their
annual revenue growth during the past five years. Bridges.com Inc.'s annual
revenues grew from $141,699 in fiscal year 1995 to $4.616 million in FY1999.
The company's strong growth continues, with $8.456 million in revenues
declared from the first nine months of operation in 2000.
Bridges.com was incorporated in 1994 and has become the dominant provider
of career information in North America. The company's resources are used in
more than 9,500 schools -- representing more than 27 per cent of all middle
and secondary schools in the U.S. and Canada. An additional 2,500 adult career
centres and other non-school sites also subscribe to Bridges.com resources.
"Our clear corporate purpose and our ability to employ high-quality team
members have been the primary contributors to our rapid rate of growth," said
Doug Manning, CEO and President of Bridges.com. "The company's expanded
vision, defined in our new three-year plan, positions us to continue our
strong growth into the future."
Bridges.com's Chairman John Simmons is also looking to the future. "While
we are gratified by our inclusion in the Fast 50, we believe the best is yet
to come," he said. "Over the next few years as we broaden our services for
students and professionals in schools we expect our rapid growth to continue."
The Fast 50 list is a program of Deloitte & Touche, with support from the
Business Development Bank of Canada, the National Post and others. Learn more
about the Fast 50 at deloitte.ca
About Bridges.com
Bridges.com is a market leading e-learning company that specializes in
providing career planning resources to the North American educational
marketplace. The company's core business is the preparation of three million
graduating North American students for their first career/life transition from
school to a post-secondary program or to work. The company's two key products,
Career Explorer and Choices, are currently sold on a subscription basis to
over 9,500 middle and secondary schools (27 per cent of the market).
As a dominant provider of career information, Bridges.com's resources --
Career Explorer, Choices and several new consumer services -- set the standard
across the United States and Canada. |
