Tarpon Maintains Platinum Club Status

Dedication to its core values, ability to be flexible in a changing marketplace and sustained growth are some of the many reasons why Tarpon Energy Services Ltd. was awarded Platinum Club member status with Canada’s Best Managed Companies for the third year in a row. Platinum Club membership is achieved by companies who have maintained their Best Managed designation for seven years or more. Tarpon was first recognized as one of Canada’s 50 Best Managed Companies in 2006.

“Achieving Best Managed status for nine consecutive years is a tribute to the hard work, determination and enthusiasm of the Tarpon team,” said Rick Wickland, president, Tarpon Energy Services Ltd. “I am extremely proud of everyone in the Tarpon organization and what we have been able to accomplish together.”

Established in 1993, the Canada’s Best Managed Companies is a national awards 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.

“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.”

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 have maintained Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About Tarpon Energy Services Ltd.
Tarpon Energy Services Ltd. is a privately held company headquartered in Calgary, Alta. Founded in 2003, Tarpon is a leading supplier of electrical and instrumentation services, control systems and integrated modular solutions with operations throughout Western Canada, the United States and overseas. For nine consecutive years, Tarpon has been recognized as one of Canada’s Best Managed Companies for having implemented world-class business practices and created value in innovative ways.