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XENTEL RATED #6 FOR RETURN ON COMMON EQUITY IN TOP 1000 CANADIAN PUBLIC COMPANIES REPORT BY REPORT ON BUSINESS
TORONTO, ON, July 2, 2002 - XENTEL DM Incorporated (TSX Venture:XDM), is pleased to announce that on July 2, 2002, the Globe and Mail’s highly respected Report on Business Magazine rated Xentel:
#6 in return of common equity
#376 in after tax profitability
#459 in revenue
The Report on Business rankings are based on performance of the top 1,000 publicly traded Canadian companies for 2001.
Mike Platz, Xentel Chairman, observed: “In 1999 Xentel implemented a growth plan with the specific, clear goal of creating true, lasting shareholder value. This Globe and Mail Report on Business ranking demonstrates our unwavering commitment to that goal. The tremendous effort and determination of each and every member of the Xentel team to succeed - now and in the future – will continue to make this goal a reality.”
In 2001 management’s primary priorities were to complete integration of U.S. operations and revive overall profitability. It succeeded quite dramatically: Profitability was 17 times higher in 2001 than in 2000. Success at integrating acquisitions with overall operations and remarkable growth in profitability translated into a substantial improvement in shareholder value. Consolidated revenues for fiscal 2001 were $97.4 million, 4% higher than fiscal 2000. EBITDA improved by $5.0 million to $9.6 million, and net earnings improved by $6.1 million from $0.4 million to $6.5 million.
XENTEL DM Incorporated is one of North America’s leading relationship-marketing concerns and producers of cause related entertainment events. The Company’s success is attributable to proprietary sales tools including technologically advanced teleservices and sophisticated customer databases. XENTEL DM Incorporated has over 300 clients and 1,800 employees in 22 offices across North America and has been profitable 23 years of its 24 year history.
The TSX Venture Exchange has neither approved nor disapproved the contents of this announcement.
For more information, please contact:
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Caren Holtby
Investor Relations
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Tel: (866) 204-9861
Fax: (416) 633-4643
carenh@xentel.com
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