SiriusXM Canada Takes Gold; Named One of Canada's Best Managed Companies for
Fourth Consecutive Year
TORONTO, Feb. 26, 2013 /CNW/ - SiriusXM Canada (TSX: XSR), the country's
leading audio entertainment company, today announced that it has been named
one of Canada's Best Managed Companies for the fourth consecutive year. With
this fourth win, SiriusXM Canada has qualified as a Gold Standard member. Gold
Standard demonstrates consistent performance as a Best Managed company.
The Best Managed award and designation honours Canadian companies that have
demonstrated exceptional business results following a rigorous and independent
evaluation process. The award is supported by Deloitte, CIBC Commercial
Banking, National Post, Queen's School of Business and MacKay CEO Forums. "The
team at SiriusXM Canada is very proud to have reached the Gold Standard level
of this prestigious award," said Mark Redmond, President and CEO, Sirius XM
Canada Inc. "Achieving this award for the fourth consecutive year illustrates
the great talent, dedication and passion of the entire team. We are inspired
by our commitment to provide Canadians with a unique and unmatched audio
entertainment experience and to build one of Canada's leading media companies.
We are proud to share this award with our employees, partners and our more
than two million subscribers."
"Today's marketplace is not just about the investment in the product; it is
also about the investment in the people," said John Hughes, National Leader
for Canada's Best Managed Companies program and Leader of the Greater Toronto
Growth Enterprises practice for Deloitte. "SiriusXM Canada invests in their
team to build up a strong and stable company. Canada's Best Managed Companies
carries this attribute and we are pleased to say SiriusXM Canada is one of
this year's recipients."
About SiriusXM Canada
Sirius XM CanadaHoldings Inc. (TSX: XSR) operates as SiriusXMCanada.
SiriusXMCanada, with over 2.2 million subscribers, is the country's leading
audio entertainment company and broadcasts more than 120 satellite radio
channels featuring premier sports, news, talk, entertainment and
commercial-free music. SiriusXMCanada offers an array of content from the
most recognized news and entertainment brands as well as every major sport
including the NHL, NFL, MLB and CFL.
SiriusXM programming is available on a variety of devices including
pre-installed and after-market radios in cars, trucks and boats, smartphones
and mobile devices, and consumer electronics products for homes and offices.
SiriusXM programming is also available online atwww.siriusxm.ca and on
Apple, BlackBerry and Android-powered mobile devices.
SiriusXMCanadahas partnerships with every major automaker and its radio
products are available at more than 3,000 retail locations nationwide. To find
out more about SiriusXMCanada(TSX: XSR), visit our website
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 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) 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. Visit the online
community for private companies the Best Managed channel on FP Executive:
Media contact: Maricel Dicion NATIONAL Public Relations 416-848-1446 /
SOURCE: SiriusXM Canada
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CO: Canadian Satellite Radio Holdings Inc.
NI: MUSIC RADIO ENT
-0- Feb/26/2013 13:00 GMT
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