[By NBC-1TV H. J Yook]GuestLogix Inc. (TSX:GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, today announced that it made the 24th annual PROFIT 200 ranking of Canada‘’s Fastest-Growing Companies by PROFIT Magazine. In addition, when compared to other publicly traded technology companies that appeared on the list, GuestLogix was the 5th fastest growing(*1).

“We are excited to, yet again, be ranked as one of Canada‘’s Fastest-Growing Companies by PROFIT Magazine,” said Tom Douramakos, President and CEO of GuestLogix. “Our progress over the past five years is a result of our continued success in fulfilling an increasing need in the global airline industry for advanced onboard retailing technology solutions. Currently, we have a 90% market share in North America and a 40% market share worldwide. We are committed to the further expansion of our customer base as we continue to bring best-in-class onboard retail and payment technology to the passenger travel industry.”

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,” said 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.”