KUBRA Named One of Canada's Best Managed Companies Celebrates Gold Standard Winner Achievement


MISSISSAUGA, ONTARIO--(Marketwired - March 10, 2015) - Today KUBRA was named one of Canada's Best Managed Companies in 2014 for excellence in business performance. Sponsored by Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO Forums, the Best Managed award recognizes Canadian owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization.

"Best Managed companies achieve success because they have a clear vision and lead teams that are committed to growth and profitability," explained Mike Runia, National Co-Leader of Canada's Best Managed Companies Program and Ontario Managing Partner, Deloitte.

KUBRA won the Best Managed award in 2011 and became a Gold Standard winner in 2014. KUBRA was once again recognized with this award due to the commitment from the management team to remain adaptable in the business planning process to incorporate new industry trends, a strong strategic plan that differentiates KUBRA from competitors, investments in Sales and Marketing strategy, and a commitment to being at the forefront of digital technology innovation.

"We're thrilled to have been recognized as a Gold Standard Winner this year after having retained the Best Managed designation for 4 years in a row," says Rick Watkin, CEO and President of KUBRA. Watkin continues, "This award highlights KUBRA's commitment to quality, and how we as a company are very adaptable to any environmental changes and challenges to maintain and improve on our business model by incorporating new industry trends."

Established in 1993, Canada's Best Managed Companies is one of the country's leading business awards programs that recognize Canadian companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on how they 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.

"CIBC celebrates the accomplishments of this year's winners who have demonstrated the highest levels of business excellence," said Jon Hountalas, Executive Vice-President, Business Banking, CIBC. "We applaud their ability to adapt to the changing marketplace and the evolving needs of their clients."

2014 winners of the Canada's Best Managed Companies award, along with the Gold Standard winners, will be honoured at the annual Canada's Best Managed Companies gala in Toronto on March 31, 2015. On the same date, the symposium will address leading-edge business issues that are key to the success of today's business leaders.

About Canada's Best Managed Companies

Canada's 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 four levels: 1) Best Managed winner (one of the 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) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review; 4) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.

About KUBRA

KUBRA (www.kubra.com) provides customer interaction management solutions to some of the largest utility, insurance, financial services, government, health care, and communication companies across North America. Our portfolio of integrated multi-channel outsource solutions' include document print and mailing, e-billing and self-service, document management, and payment solutions. With over 500 clients and 1 billion customer interactions annually KUBRA enables innovative performance-driven value to its clients every day.

For further information, please contact:

bestmanagedcompanies@deloitte.ca

www.bestmanagedcompanies.ca

Contact Information:

KUBRA
Allison Cutler
Director of Marketing
905.624.2220 x 535
allison.cutler@kubra.com