IROC SYSTEMS CORP NAMED TO 2005 TSX VENTURE 50
DECEMBER 6, 2005 (Calgary, Alberta) – IROC Systems Corp. (TSX Venture: ISC) was today named to the 2005 TSX Venture 50TM, the first ever ranking of Canada’s top emerging public companies listed on TSX Venture Exchange.
Tom Alford, President and CEO of IROC said "being named to the TSX Venture 50 is a tremendous recognition for the efforts of our employees and the accomplishments of our company."
The TSX Venture 50 are the top 10 companies in each of five major industry sectors – mining, oil & gas, technology, life science and diversified industries – based on a ranking formula with equal weighting given to one-year revenue (last reported 12 months), return on investment, market cap growth and trading volume. All data was as of August 31, 2005.
“We are very proud to launch the TSX Venture 50 to celebrate the achievement of our issuers,” said Linda Hohol, President, TSX Venture Exchange. “The impressive list of companies demonstrates that the TSX Venture Exchange is a unique incubator of public companies, and the companies in the TSX Venture 50 are living proof as to why this market is working.”
The 2005 TSX Venture 50TM was compiled based on public historical data and is not an invitation to purchase securities listed on Toronto Stock Exchange and/or TSX Venture Exchange. TSX Group Inc. and its affiliates do not endorse or recommend any securities referenced in this ranking. Neither TSX Group Inc. nor its affiliated companies represent, warrant or guarantee the accuracy or the completeness of the information. You should not rely on this information contained herein for any trading, business or financial purposes. TSX Group Inc. and its affiliates assume no liability for any errors or inaccuracies herein or any use or reliance upon this information.
About IROC Systems Corp. IROC Systems Corp. is an Alberta based oilfield services company that has provided equipment and personnel in the area of downwind air quality monitoring and safety services to the energy sector since 1982. IROC has developed key technologies to address remote air quality monitoring, designed and deployed new air breathing systems and provides a full line of safety services for drilling, completion, production and plant shut down operations. Additionally, IROC operates service rigs across Central and Southern Alberta through Eagle Well Services Corp., provides premium communication solutions through Oricomm Inc., is active in the area of environmental reclamation and remediation through Envirocore Ltd. (formerly Canstar Environmental Corp.), and offers a line of tools and systems that measure pressure and temperatures in the down hole and surface environment of oil and gas wells through Canada Tech Corp. Each of Eagle, Oricomm, Envirocore and Canada Tech are subsidiaries of IROC. -30-
FOR FURTHER INFORMATION PLEASE CONTACT: Mr. Thomas M. Alford – President and CEO Telephone: (403)263-1110 email: alfordt@iroccorp.com
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