PROPHIX News

PROPHIX Software Ranked in the 18th Annual PROFIT 100 Ranking of Canada's Fastest-Growing Companies

Toronto, On, July 4, 2006 - PROPHIX Software Inc., a leader in delivering data analysis solutions, such as budgeting, reporting, forecasting, planning, and consolidation to mid-market companies, today announced that it has been ranked as one of Canada's Fastest - Growing Companies, experiencing a five-year revenue growth of 278%.

Ranking Canada's Fastest-Growing Companies by five-year revenue growths, the PROFIT 100 profiles the country's most successful growth companies. Published in the June issue of PROFIT and online at PROFITguide.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.

"The PROFIT 100 [companies] are role models for anyone who wants to seize today's best business opportunities," says Ian Portsmouth, editor of PROFIT. "By differentiating their products and applying creative management thinking, Canada's Fastest-Growing Companies are outpacing the competition at home and abroad."

Thriving in today's competitive global marketplace is not easy. The dynamic organizations within this list show leadership and innovation and have, on average, tripled their annual revenue in the past five years. They truly demonstrate their commitment to working with customers to provide value-added products and services and to advancing the growth of their company.

"We will only work to maintain this status in future years; we are very proud of how far we have come," mentions Paul Barber, President, PROPHIX Software. "Being recognized as one of Canada's fastest growing companies demonstrates our commitment to drive not only our company's growth but our customers'." To learn more about PROPHIX, visit http://www.prophix.com.

About PROFIT Magazine
PROFIT: Your Guide to Business Success offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada's growing companies. Each year PROFIT, which currently reaches 373,000 readers nationally, hosts a number of events that bring together business leaders in the fast-growth segment and champions the interests of those leaders. PROFIT was founded in April 1982 as Canada's first national magazine geared to entrepreneurs. Visit PROFITguide.com.

About PROPHIX Software
For over fifteen years, PROPHIX has been a leader in delivering data analysis solutions including budgeting, reporting, forecasting, planning, consolidation and personnel planning. PROPHIX maintains an outstanding reputation with its customers by consistently delivering tangible value and exceptional ROI, with a low total cost of ownership.

PROPHIX serves a variety of industries including financial services, manufacturing, high-tech, professional services, health care, consumer packaged goods, government, and not-for-profit organizations. Its clients include Toyota, Mazda North America, Thrifty Car Rental, Nestle-Purina, Seattle Supersonics, Bridgestone-Firestone, Martin Guitars, Wentworth Mold, State National Bank, Framesaver, Union Energy, LWCC (Louisiana Workers' Compensation Carrier), and Environ. For more information, visit http://www.prophix.com.

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