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Mood Media Named one of Canada's Fastest-Growing Companies

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Mood Media Named one of Canada's Fastest- Growing Companies PR Newswire TORONTO, June 4, 2012 TORONTO, June 4, 2012 /PRNewswire/ -- Mood Media Corporation (TSX:MM / LSE AIM:MM), the world's leading in-store media solutions provider, today announced that it has been named one of the Fastest-Growing Companies in Canada by PROFIT Magazine for the second
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Mood Media Named one of Canada's Fastest-
Growing Companies
PR Newswire
TORONTO, June 4, 2012
TORONTO
,
June 4, 2012
/PRNewswire/ --
Mood Media Corporation (TSX:MM / LSE AIM:MM), the world's leading in-store
media solutions provider, today announced that it has been named one of the
Fastest-Growing Companies in
Canada
by PROFIT Magazine for the second year
in a row.
With
US$330 million dollars
in sales in 2011, representing an impressive
14,318% growth since 2006, Mood Media ranked #2 in the PROFIT 200 list,
which profiles the country's most successful growth companies.
Building on momentum from 2010, Mood Media accelerated its transformation
of the in-store media marketplace with innovative new products, better and
more efficient distribution platforms, expansion in fast-growing emerging
markets, and a continued focus on operational excellence.
"We are very proud to be recognized for the second year in a row for our
financial performance," says Lorne Abony, CEO and Chairman of Mood Media
Corporation. "At Mood Media we have an entrepreneurial culture that
encourages our employees to challenge industry norms and be innovative. We
are always bringing new solutions to our clients, and our reward has been our
tremendous growth."
Ranking
Canada's
Fastest-Growing Companies by five-year revenue growth, the
PROFIT 200 profiles the country's most successful growth companies. Published
in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200
is
Canada's
largest annual celebration of entrepreneurial achievement.
"The PROFIT 200 companies are an inspiration to Canadian entrepreneurs and
would-be entrepreneurs," says Ian Portsmouth, Editor-in-Chief of PROFIT
Magazine. "PROFIT is proud to celebrate the success of these businesspeople,
who, despite a challenging economy, have achieved outstanding success in a
wide variety of fields."
About Mood Media Corporation
Mood Media Corporation (TSX:MM / LSE AIM:MM), is a leading in-store media
specialist that uses a mix of music, visual and scent media to help its clients
communicate with consumers with a view to driving incremental sales at the
point-of-purchase.
Operating through its principal divisions, Mood Media Corporation works with
over 580,000 commercial locations in over 40 countries throughout
North
America
,
Europe
,
Asia
and
Australia
. Through its subsidiaries, Mood Media
Corporation's products and services reach 100 million people every day in a
broad client base including more than 850 U.S. and international brands in
diverse market sectors that include: retail, from fashion to financial services;
hospitality, from hotels to health spas; and food retail, including restaurants,
bars, quick-serve and fast casual dining.
For further information about Mood Media, please visit
http://www.moodmedia.com.
About PROFIT Magazine
PROFIT: Your Guide to Business Success
is
Canada's
preeminent publication
dedicated to the management issues and opportunities facing small and mid-
sized businesses. For 30 years, Canadian entrepreneurs and senior managers
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.
For further information:
Ryan Wagner
Fleishman Hillard -
Boston
+1-617-692-0522
ryan.wagner@fleishman.com
(MM. MM)