September 17, 2017
OPAL-RT TECHNOLOGIES Honoured in 29th Annual PROFIT 500 List of Canada’s Fastest-Growing Companies
[Montreal, September 14th, 2017] OPAL-RT TECHNOLOGIES has been recognized as one of Canada’s Fastest-Growing Companies, in the prestigious PROFIT 500 ranking by Canadian Business. With a five-year revenue growth rate of 222%, OPAL-RT TECHNOLOGIES ranks 270th in the 2017 edition.
Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country’s most successful growth companies. A joint venture between Canada’s premier business and current affairs media brands, the PROFIT 500 is published in the October issue of Maclean’s magazine and online at CanadianBusiness.com. As a proud Quebec firm, L’actualité magazine will also be featuring OPAL-RT TECHNOLOGIES in their own ‘Leaders de la croissance’ ranking.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” said 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.”
Founded in 1997, OPAL-RT TECHNOLOGIES is thrilled to celebrate its 20th anniversary with this recognition of its strong sustained growth. With continuous outreach into new markets both at home and abroad, as well as an expanded product line aimed at lowering the cost of entry for companies in need of real-time simulation solutions, OPAL-RT aims to carry its success into the next two decades.
« Making the PROFIT 500 list is an immense accomplishment on our 20th anniversary.” says Jean Bélanger, President and CEO of OPAL-RT. “We are thrilled with the rate at which the company has been expanding and can only assume that our passion for innovation has helped us achieve this rapid growth, and that our vision of making real-time simulation accessible to all is shared by many, in several industries.”
About OPAL-RT TECHNOLOGIES
Founded in 1997, OPAL-RT Technologies provides high-performance real-time simulation technology and engineering services. OPAL-RT’s customer base includes industry leaders, universities, and research centers within the automotive, aerospace, educational, power electronics and power system industries. Over the last two decades, OPAL-RT has emerged as a world leader in the area of electromagnetic system simulation by providing powerful and open systems, which allow users to rapidly research, develop and/or test their latest and products or concepts in a safe environment. For more information, visit www.opal-rt.com
About the PROFIT 500
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
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