Philom Bios Inc. Named One of Canada’s 50 Best Managed Companies

Release Date: February 3, 2006
FOR IMMEDIATE RELEASE

Philom Bios Inc. Named One of Canada’s 50 Best Managed Companies

Saskatoon, SK, CANADA – Philom Bios Inc. has been honoured as one of the 2005
Best Managed Companies. This prestigious national award is sponsored by Deloitte,
CIBC Commercial Banking, National Post, and Queen’s School of Business.
“The 2005 Best Managed winners are an outstanding group of Canadian-owned and
managed companies that have proven their remarkable ability and commitment to apply
best practices to all areas of their business operations,” explained John Hughes, Deloitte
Partner and National Leader, of the Best Managed program. “These companies clearly
demonstrate innovation, leadership and a laser focus on their customers and
employees. Their example illustrates that focusing on business fundamentals while
pursuing a clearly defined strategy is key to achieving exceptional results.”
Celebrating its 25th Anniversary and having just opened the doors on a new world-class
105,000 sq. ft lab, office and manufacturing facility in Saskatoon, SK, Philom Bios has
delivered average revenue growth of 18% over the past 5 years and 19% revenue
growth and record operating earnings in 2005.
Established in 1993, the Best Managed award is a national program recognizing
Canadian companies that have implemented world-class business practices and created
value in innovative ways. Applications are reviewed by an independent judging panel
that 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.
“This award is additional reinforcement that our team’s unwavering commitment and
focus on serving the needs of our customers is a winning strategy,” said Calvin Sonntag,
President/CEO of Philom Bios. “We are truly humbled by the continued and growing
confidence our customers place in our people and products.”
“If you think traditional values don’t pay off in business anymore, think again. Philom
Bios, recently named one of Canada’s 50 Best Managed Companies, demonstrates
efficiency, hard work, and integrity to customers and employees alike. It is a model of
success amidst the highest standards,” said John Hughes, partner, Deloitte, a national
sponsor of the Best Managed program.
2005 winners of the Canada’s 50 Best Managed Companies award, along with
Requalified winners, and Platinum club members will be honoured at the annual Best
Managed Gala in Toronto on February 6, 2006. On the same date, the Best Managed
Symposium will address leading-edge business issues that are key to the success of
today’s business leaders.
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About Canada’s 50 Best Managed Companies
Established in 1993, Canada’s 50 Best Managed Companies (Best Managed) is
Canada’s leading business awards program. Best Managed recognizes business
excellence among Canadian-owned companies with revenues over $10 million. Each
year, entrepreneurial companies compete for this designation in a rigorous and
independent business process review that evaluates the effectiveness of each
company’s management abilities and their demonstrated best 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 members (winners that have maintained Best Managed status for a
minimum of six consecutive years). Best Managed program sponsors are Deloitte, CIBC
Commercial Banking, National Post, and Queen’s School of Business. For further
information, visit www.canadas50best.com.
About Philom Bios
Philom Bios is a world leading Inoculant Company with over 70 employees across North
America in a wide range of research, manufacturing, marketing, and management
positions. Headquartered in Saskatoon, SK, Philom Bios is a Canadian public company
serving the needs of farmers with high-value inoculants. Philom Bios has a 20+ year
commitment to farmers through a dynamic partnership with distributors and leading
retailers.
For More Information:
Calvin Sonntag
Philom Bios Inc.
3935 Thatcher Ave.
Saskatoon, SK Canada S7R 1A3
Phone: (306) 657-8202
Fax: (306) 668-4232
Email: csonntag@philombios.com
Jacqui d’Eon
Director, Executive Communictions
Phone: (416) 874-3670
Email: jdeon@deloitte.ca
www.canadas50best.com