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PNI Digital Media Places 13th Overall in Annual Profit 100 Ranking


Published on 2010-06-02 13:10:37 - Market Wire
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 2, 2010) - PNI Digital Media (TSX VENTURE:PN)(OTCBB:PNDMF), ("PNI" or the "Company"), the leading innovator in online and in-store digital media solutions for retailers, announces that it has placed 13th overall in the annual Profit 100 ranking of Canada's fastest-growing companies by PROFIT Magazine.

Ranking Canada's fastest-growing companies by five-year revenue growth, The Profit 100 profiles Canada's most successful growth companies. The ranking is published in the June issue of PROFIT and online at PROFIT100.com, and is considered Canada's largest celebration of entrepreneurial achievement. The 2010 ranking marks the Company's second consecutive appearance on this elite list.

For the period 2004-2009, PNI's revenue grew 3103%, placing it 13th overall and 3rd in the ranking amongst public companies.

"We are very pleased to be recognized again by PROFIT as one of the top growth businesses in Canada," said Kyle Hall, Chief Executive Officer of PNI Digital Media. "We continue to show strong growth in the face of a challenging global economy and continue to focus on taking our PNI Digital Media platform into new markets to contribute to our results in the coming years."

"Canada's fastest-growing companies are the poster children for entrepreneurship, innovation and pure tenacity," said Ian Portsmouth, editor of PROFIT. "They demonstrate what it takes to succeed in today's highly competitive, technology-driven global economy."

About PROFIT Magazine - PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 28 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at [ www.profitmagazine.ca ].

About PNI Digital Media - Founded in 1995, PNI Digital Media operates the PNI Digital Media Platform, which provides transaction processing and order routing services for major retailers. The PNI Digital Media Platform connects consumer-ordered digital content, whether from online, in-store kiosks, desktop software or mobile phones, with retailers that have on-demand manufacturing capabilities for the production of personalized products such as photos, photo books and calendars, business cards and stationery. PNI Digital Media successfully generates millions of transactions each year for retailers and their thousands of locations worldwide.

Further information on our company can be found at [ www.PNIMEDIA.com ].

The statements that are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. PNI Digital Media's actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in technology, employee retention, inability to deliver on contracts, failure of customers to continue marketing the online solution, competition, general economic conditions, foreign exchange and other risks detailed in the Company's annual report and other filings. Additional information related to the Company can be found on SEDAR at [ www.sedar.com ] and on the SEC'S website at [ www.sec.gov/edgar.shtml ]. The information contained herein is subject to change without notice. PNI Digital Media shall not be liable for technical or editorial errors or omissions contained herein.

PNI Digital Media relies upon litigation protection for "forward-looking" statements.


The TSX Venture Exchange has neither approved nor disapproved the information contained in this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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