Geotab Ranks No. 212 on the 2015 PROFIT 500

PROFIT magazine unveils 27th annual list of Canada’s Fastest-Growing Companies

Toronto, Ontario — September 17, 2015 — Canadian Business and PROFIT today ranked Geotab No. 212 on the 27th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Geotab made the 2015 PROFIT 500 list with five-year revenue growth of 276%.

“The PROFIT 500 represent the highest tier of entrepreneurialism in Canada,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “They should be lauded for the positive economic contributions they’ve made to their communities—and the entire country.  They are examples of what can be accomplished with innovation, discipline and determination."

“Geotab is honoured to be on the PROFIT 500 ranking,” says CEO Neil Cawse. “This achievement reflects the strength of our fleet technology solutions and the dedication of our team.”

Fortune 500 companies rely on Geotab's solutions to improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety and achieve stronger compliance to regulatory changes. The company's products are represented and sold worldwide through its authorized reseller network on five continents and serve over 12,000 customers. Today, 600 million telematics data-points are collected on MyGeotab every day, deeming it one of the world’s leading global telematics platforms, in which unique data collection from vehicles can be used for intelligent benchmarking to improve overall performance and safety for any fleet.

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About PROFIT and PROFITguide.com

PROFIT is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 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 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 total print readership of more than 600,000, 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.

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About Geotab

Geotab securely connects commercial vehicles to the internet, providing advanced web-based analytics to better manage your fleet. Geotab’s open platform and Marketplace, offering hundreds of third-party solution options, allows both small and large businesses to automate operations by integrating vehicle data with a company's other data assets. As an IoT hub, the in-vehicle device provides additional functionality through IOX Add-Ons. Processing more than 1 billion data points a day, Geotab leverages big data and machine learning to improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve stronger compliance to regulatory changes. The company's products are represented and sold worldwide through its Authorized Geotab Resellers. To learn more, please visit www.geotab.com and follow us @GEOTAB and on LinkedIn.

Media Contact

Maria Sotra
Geotab Inc.
Vice President Marketing
marias@geotab.com

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