1789 percent revenue growth secures blog network’s top position on prestigious Canadian business rankings.

Toronto, ON - September 15, 2008 - b5media, one of the world’s largest new media networks, has made the top ten in PROFIT magazine’s ninth annual PROFIT HOT 50 ranking. b5media has been recognized with the #6 ranking, based on sales growth of 1789 percent over the past two years (2006-2008), compared to an average growth of 756 percent among the other listed companies. The 50 winners represent a wide range of industries from high tech and IT services to manufacturing and business consulting.

Published in the October issue of PROFIT and online at PROFITguide.com, the PROFIT HOT 50 ranks young companies by two year revenue growth.

“It is a huge honor to be recognized on the PROFIT Hot 50 list as a company that has displayed steady growth and strong potential for the future,” says Jeremy Wright, President and CEO of b5media. “This is the latest recognition for the tremendous value found in emerging media networks and high quality online content.”

“The PROFIT HOT 50 companies illustrate the ingenuity and vitality of Canada’s entrepreneurial sector,” says Ian Portsmouth, editor of PROFIT. “Anyone who wants to start or grow a business can draw much inspiration and many lessons from the HOT 50.”

b5media was established in 2005 by five bloggers. The company now has over twenty employees and nearly 2000 bloggers powering a highly diverse network of blogs.

Later this month, Wright will attend Profit Magazine’s 9th annual GrowthCamp in Niagara-on-the-Lake, a unique event held exclusively for chief executives of PROFIT HOT 50 companies. This year’s GrowthCamp will include presentations on leadership, strategy, innovation and idea exchange, and also the HOT 50 Awards Dinner and GrowthCamp Golf Tournament.

About b5media Inc.
b5media Inc. is one of the fastest growing blog networks in the world, featuring a wide variety of topics ranging from entertainment and lifestyles to sports and technology. With a diverse network of passionate, insightful bloggers, b5media enables conversations and fosters communities around shared interests by producing exceptional, timely content across both niche topics and mainstream headlines. For more information, visit: www.b5media.com

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 more than 25 years, Canadian entrepreneurs 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 increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Published six times a year by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the chief executives of companies with 5 – 250 employees and  annual revenue of $1 million to $25 million, reaching more than 300,000 readers across Canada. Visit PROFIT online at www.PROFITmagazine.ca.

Contact
Rachel Segal
Assoc. Director, Content
b5media Inc.
416-727-1042