SIRIUS XM CANADA HOLDINGS INC TORONTO, March 11, 2015 - 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 sixth consecutive year. This qualifies SiriusXM Canada as a Gold Standard member for the second year in a row with Gold Standard designation demonstrating 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.
"Being designated Gold Standard within the 50 Best Managed Companies again is an honour for all of us at SiriusXM Canada," said Mark Redmond, President and CEO, Sirius XM Canada Inc. "As our business continues to grow and evolve in our 10th year of operations in Canada, our team continues to manage the business successfully and this designation is once again testament to that."
Sirius XM Canada Holdings Inc. (TSX: XSR) operates as SiriusXM Canada. SiriusXM Canada, with over 2.6 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. SiriusXM Canada offers an array of content from the most recognized news, entertainment and major sports brands including the NHL, NFL, NBA, NASCAR, CNN, CBC, FOX, BBC, Howard Stern, Disney, Comedy Central and more.
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 at www.siriusxm.ca and on Apple and Android-powered mobile devices.
SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 2,500 retail locations nationwide. To find out more about SiriusXM Canada (TSX: XSR), visit our website at www.siriusxm.ca.
SiriusXM Canada has been designated one of Canada's 50 Best Managed Companies six years in a row and 2013 and 2014 rankings in PROFIT 500's list of Canada's Fastest Growing Companies.
Join SiriusXM Canada on Facebook at , on Twitter at and on Youtube at youtube.com/siriusxmcanada.
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: www.financialpost.com/bestmanaged
SiriusXM Canada contact:
Mike Calnek
Director, Publicity, Promotion and Sponsorship
416-513-7459
mike.calnek@siriusxm.ca
Morlan Reddock
Director, Treasury and Investor Relations
416-513-7418
morlan.reddock@siriusxm.ca
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