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PlaSmart Places 13th on the PROFIT 100 Ranking of CanadasFastestGrowing...



PlaSmart Inc. (www.plasmarttoys.com), an international children'ss toy distributor, announced today that it has been named the 13th Fastest-Growing Company in Canada by PROFIT Magazine in the 21st annual PROFIT 100 ranking of Canada'ss Fastest-Growing Companies. Over the five years from 2003 to 2008 PlaSmart grew an astounding 3,702%.



We are extremely proud to be recognized as one of the Fastest-Growing Companies in Canada. To continue our strong growth in a challenging economic environment is a testament to the dedication and work ethic, staff and our retail and supplier partners, says Tim Kimber, owner of PlaSmart Inc.



The PROFIT 100 are an inspiration to entrepreneurs at all stages of growth, from startup to major corporation, says Ian Portsmouth, editor of PROFIT. Their business practices and product innovations are exemplary of how businesses can succeed in uncertain times.



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



The special Profit 100 issue hits newsstands on Thursday, June 4, 2009.



About PlaSmart Inc.


PlaSmart Inc. is a Canadian-based distributor of children'ss toys to retailers. PlaSmart Inc. currently employs 16 people in their Ottawa office and warehouse.



After learning about the toy industry in a small market and tweaking the marketing plan for 2 years in Canada, PlaSmart Inc. arrived at the New York Toy Fair in 2005 and was an instant success with American retailers. PlaSmart has since expanded Internationally with distribution in 5 continents and over 30 countries. PlaSmart Inc. focuses on delivering products that are smart, simple, fun and unique.



About PROFIT Magazine:


PROFIT: Your Guide to Business Success offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada'ss fastest-growing companies. Each year PROFIT--which currently reaches more than 300,000 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'ss first national magazine geared to entrepreneurs. Visit PROFITguide.com.






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