Custom House Ltd. Named "Best Managed Company" for Eight Straight Years
Global Payments Company achieves Platinum from Canada's Best Managed program for second year by focusing on core competencies
VICTORIA, British Columbia – February 14, 2008 – Concentration on what it does best has landed global payments company Custom House Ltd., on the list of Canada’s 50 Best Managed Companies for the eighth year in a row.
Custom House offers extensive international payment solutions using market-leading technology, and continues to grow by focusing its business on the impacts of the fluctuating global foreign exchange market, guiding clients on risk management strategies and providing comprehensive payment solutions that impact revenue growth, especially in a global economy.
“Concentration on our core competencies is one of the criteria for being named one of Canada’s 50 Best Managed Companies. We are proud to work with our clients to deliver value added payment solutions that affect their bottom line,” said Peter Ciceri, President, Custom House Ltd. “As the pressures of the unsettled market persist, we continue to build our resources and offerings to maximize our customer’s profit margins and strengthen their risk management strategies.”
Custom House retains its Platinum Club member status by achieving a Canada's 50 Best Managed Company award for eight consecutive years. This national award is sponsored by Deloitte and Touche and recognizes companies that operate at the highest level of business performance.
“I want to congratulate Custom House on becoming a Platinum Club member. This designation exemplifies consistency, commitment and the ability to be flexible in a changing marketplace. These qualities are what make Custom House such a great business success story and one of Canada’s 50 Best Managed Companies,” said John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program.
About Custom House
Custom House Ltd. is a global payments company that offers extensive international payment solutions using market-leading technology and a worldwide network of trading offices. From individual consumers to Fortune 500 companies, the company’s award-winning products and global banking relationships enable clients to make transactions quickly, efficiently and securely. In addition to providing customized business solutions through offices around the world including Australia, Canada, Italy, New Zealand, Singapore, the United Kingdom and the United States, Custom House sets the industry standard for compliance by championing international security and regulations. For more information, please visit www.customhouse.com.
About Canada's 50 Best Managed Program
Celebrating its 15th anniversary, Canada's 50 Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993,hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and 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 member (winners that maintain Best Managed status for a minimum of six consecutive years.) Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. For further information, visit www.canadas50best.com
- 30 -
For more information contact:
Jenny Woodland | E-mail
Custom House
Tel: 250-412-0466
www.customhouse.com
