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2017 Profit 500 Unveiled

NEOVATION Ranks No. 78 on the 2017 PROFIT 500, Highest Ranking Winnipeg Co
Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies

Winnipeg, MB (September 14, 2017) Canadian Business and PROFIT today ranked
NEOVATION No. 78 on the 29th annual PROFIT 500, the definitive ranking of Canada’s
Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at
CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue
growth.

NEOVATION made the 2017 PROFIT 500 list with five-year revenue growth of 941%.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most
competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners
demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving
business today. Canada—and the world—needs more entrepreneurial success stories like
these.”

“The entire NEOVATION team is thrilled to be included in the PROFIT 500 ranking,” says
Founder and President Dan Belhassen. “We are fully committed to improving the online training
experience. NEOVATION is a proudly Canadian company, serving a growing global market for
online learning that is engaging, delivers ROI, and is based on the most recent research in data
science, learning theory and corporate training best practices.”

“Having our made-in-Canada products so widely adopted by great organizations in Canada, US
and abroad, shows the world that Manitoba has the talent and resources to build great
education technology software. We are proud to be part of the vibrant Canadian technology
community.”

About the Profit 500

For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking ofentrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazineand at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-yearrevenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com. Founded in 1928, Canadian Business is the longest-serving and most-trusted businesspublication in the country. It is the country's premier media brand for executives and seniorbusiness leaders. It fuels the success of Canada's business elite with a focus on the things thatmatter most: leadership, innovation, business strategy and management tactics. 

Learn more at CanadianBusiness.com.