Software for Electronic Invoicing, Field Ticket, Drilling Project Management Contract Management, Supplier Network, Catalog Management - DO2 Technologies
DO2 Technologies - Press Release

Cindy Kelemen
Marketing Director
DO2 Technologies
ckelemen@do2.com

 
DO2 Technologies Ranks #2 in the 19th Annual PROFIT 100 Ranking of Canada’s Fastest-Growing Companies
Attributes people and experience to its rapid growth

Calgary, Alberta and Houston, Texas (June 4, 2007)

DO2 Technologies has been ranked #2 of Canada’s fastest-growing companies by PROFIT: Your Guide to Business Success.

DO2 Technologies’ President and CEO Rod Munro credits people and experience with the company’s rapid growth from 2001 – 2006, resulting in a #2 ranking overall in the 19th annual PROFIT 100 ranking based on its percentage revenue growth of 8,757% for the past five years.

Rod Munro, DO2 Technologies’ president and CEO, credits people and experience with the company’s exponential growth over the past five years. He said, "The key to our success is our talented team who delivers innovative technology and exceptional customer service. We are excited to be recognized as one of Canada’s fastest growing companies.”

DO2 Technologies provides hosted procurement and electronic invoicing solutions to 20,000 users in 7,000 supplier and buyer companies. During the past year, DO2 Technologies has expanded its core product offering with additional modules and launched a new product line, Daily Charge Recorder™. In addition, the company has opened new offices in London, England and Toronto, Ontario.

Ranking Canada’s fastest-growing companies by five-year revenue growth, the PROFIT 100 profiles the country’s most successful growth companies. Published in the June issue of PROFIT and online at PROFITguide.com, the PROFIT 100 is Canada’s largest annual celebration of entrepreneurial achievement.

“PROFIT 100 companies are the new heroes of Canadian business, creating jobs at home and products used around the world,” said Ian Portsmouth, editor, PROFIT Magazine. “They’ve accomplished this by building great employee teams, exploiting export markets and rapidly responding to the customer’s fast-changing needs.”

About DO2 Technologies Inc.
DO2 Technologies is a leading SAAS (Software as a Service) company providing hosted Internet solutions that improve operating company performance by optimizing business processes between buyers and suppliers The company’s suite of software enables companies to plan and execute capital and operating budgets more efficiently by automating key business processes shared with their supply chain. More than 20,000 users at over 7,000 companies use DO2 Technologies solutions. The company’s current product offering includes solutions that automate the procurement to payment process (electronic invoicing, field cost tracking, contracts management and hosted catalog procurement), and the collaborative project lifecycle (collaborative project management, resource scheduling, business process automation, and real-time cost management).

DO2 Technologies provides software specifically designed to meet the needs of companies that build and operate infrastructure, including companies in oil and gas, mining, energy and construction. For more information, please visit our website at www.do2.com.

About PROFIT Magazine
PROFIT: Your Guide to Business Success, offers news, strategies, tips, interviews and other resources to entrepreneurs leading Canada’s fastest-growing companies. Each year PROFIT – which currently reaches 370,000 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 1982 as Canada’s first national magazine geared to entrepreneurs. Visit PROFITguide.com.

Press Contact

Cindy Kelemen
Marketing Director
DO2 Technologies Inc.
(713) 260-9693
ckelemen@do2.com
http://www.do2.com

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