Commercial Consolidators Recognized as One of Canada's Fastest Growing Companies.Business Editors TORONTO--(BUSINESS WIRE)--May 31, 2001 Commercial Consolidators Corp. (CDNX CDNX See Canadian Venture Exchange (CDNX). :CCZ CCZ Cyber Condition Zebra (Washington Naval Yard) CCZ Command and Control Zone CCZ Carlet-Charpin-Zinoviev (Equivalence Relation of Functions) .)(FRANKFURT:CJ9.), a diversified distributor of business technologies and consumer electronics to the Americas (North, South and Central), has been recognized by PROFIT magazine as the 12th fastest growing company in Canada. Over the past five years, Commercial Consolidators Corp. revenues have grown 5,642% from $1.8 million in 1995 to $103.5 million in 2001. In addition, of the top 12 fastest growing companies in Canada, Commercial Consolidators Corp. ranked first in terms of growth in profit, recording a five-year profit growth of 95,878% from $7,409 in 1995 to $7.1 million in 2000. "We are honored to have been named amongst PROFIT's fastest growing companies, and extremely proud of our achievements last year," states Commercial Consolidators Corp.'s Chief Executive Officer, Mr. Guy Jarvis. "Our performance reflects our commitment to growth and profitability. We continue to work towards our goal of continued growth in revenue and profits in the year ahead through a combination of organic growth within our existing business divisions and an ongoing program of strategic acquisitions within our target markets." ABOUT COMMERCIAL CONSOLIDATORS CORP. Commercial Consolidators Corp. is a diversified distributor of business technologies (cellular phones and accessories, and computer hardware and software) and consumer electronics to the Americas (North, South and Central). The Company has aggressively pursued strategic acquisitions, satisfying management's primary objectives, namely: 1. Focus on converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. communication delivery devices, namely: televisions, computers, wireless products and proprietary software; 2. Facilitate new distribution channels by leveraging existing supply chain relationships from our expanding revenue base throughout the Americas; 3. Provide turnkey solutions to our target customers through the selective and opportunistic opportunistic /op·por·tu·nis·tic/ (op?er-tldbomacn-is´tik) 1. denoting a microorganism which does not ordinarily cause disease but becomes pathogenic under certain circumstances. 2. expansion of complimentary product and service offerings; and 4. Focus on higher margin products, while maintaining an enviable en·vi·a·ble adj. So desirable as to arouse envy: "the enviable English quality of being able to be mute without unrest" Henry James. standard of customer service and order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment . ON BEHALF OF THE BOARD OF DIRECTORS GUY JARVIS, Chief Executive Officer The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved the information contained herein. |
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