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22. 02. 2011

Adastra triple platinum member: One of Canada's 50 Best Managed Companies since 2005

TORONTO, CANADA — Adastra, a leading provider of Information Management and Business Intelligence Solutions, is pleased to announce that it remains among the best companies to work at and do business with, having achieved, once again, Platinum Club member status in Canada’s 50 Best Managed Companies. This prestigious national award is sponsored by Deloitte, CIBC Commercial Banking, National Post, and Queen’s School of Business.

“I want to congratulate Adastra on becoming a Platinum Club member. This designation exemplifies consistency, commitment and the ability to be flexible in a changing marketplace. These qualities are what make Adastra Group such a great business success story and one of Canada’s 50 Best Managed Companies,” said John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program.

Established in 1993, the Canada’s 50 Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. An independent panel of judges reviews the applications and evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

“To be named to the Platinum Club of Canada’s 50 Best Managed Companies is certainly a distinguished honor,” said Dr. Jan Mrazek, President, Adastra Group. “Adastra is thrilled to be part of this exclusive club, and would like to thank our customers, partners, and our people. Their support and hard work have made this fantastic accomplishment possible.”

About Canada’s Best Managed Companies

Celebrating its 17th anniversary, Canada’s 50 Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on three levels: 1) Best Managed winner (one of the 50 new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years.) Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen’s School of Business.