Press Release

iotum Ranks No. 54 on the 2014 PROFIT 500

Toronto, ON June 12, 2014 — Canadian Business and PROFIT today ranked iotum, a global leader in reliable and affordable HD audio conferencing, No. 54 on the 26th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.

iotum made the 2014 PROFIT 500 list with five-year revenue growth of 1,269%.

The company recently capitalized on the acquisition of several group communications brands by introducing a new free audio conferencing service in the United Kingdom called FreeConference.co.uk with plans to continue expanding into other countries in coming months.

“The recognition from PROFIT 500 proves we’re taking another step in the direction of growth,” said iotum President and CEO Jason J. Martin. “iotum may be a small company but we’re determined to bring free, high-quality audio conferencing to consumers, business and groups worldwide through our acquisitions and expansion in to new markets.”

About PROFIT and PROFITguide.com

PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, 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. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.

About iotum

A leader in telephony and group communications solutions since 1985, iotum is building a variety of easy-to-use products and services that provide the group communication and collaboration solutions that consumers, business and affinity groups need, all on crystal clear lines.Each product or service has been designed with particular users in mind to create an attractive alternative to competing services that are either inexpensive and featureless or feature-rich but overpriced. For more information about the company, its team, solutions and services, please visit www.iotum.com.

Media contact

Zaira Gaudio
Marketing Manager
Iotum
zaira@iotum.com
+1 416-479-9648, ext. 274