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PROFIT W100

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ConceptWave Software Inc.

2009 Rank: 53 Chief Executive(s): Zarar Rana
Stock Ticker: Head Office: Mississauga, ON
Website: www.conceptwave.com Reporting $: CAD
Type of Business: Order-management software for the telecom industry

Company Profile

Founded: 2000 Years on the PROFIT 100: 1
Growth 2003-08 (%): 1,470
Revenue 2008: $20,675,956 CAD Revenue 2003: 1,316,836 CAD
Employees 2008: 108 Employees 2003: 24
Profit Margin 2008: >10% Exports as % of Sales: 60

Inside track

Its customers, such as telecom giants Bell Canada, Rogers, AT&T and British Telecom, pay as much as $20 million per project

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*Converted from Canadian dollars
† The 2008 revenue of Allphase Clinical Research was misstated in the PROFIT 100 ranking that appears in June 2009 issue of PROFIT. The correct 2008 revenue was $3,452,285, giving Allphase a five-year growth rate of 1,626%. The firm should have ranked #46 among Canada's Fastest-Growing Companies