|
Radical Named One of Canada 's Best Managed Private Companies
List names top 50 companies across the country
Vancouver, BC, December 13,2000 - - Radical Entertainment Inc., a leading developer of digital entertainment and gaming software, announced today that the company has been named one of Canada 's Top 50 Best Managed Private Companies. The award, in its 8th year, is presented by Arthur Andersen, CIBC and the National Post.
The criteria for the award is that companies must have revenues over $5 million; have demonstrated strong growth over the past three years; and are more than 50 percent owned and closely held by Canadians. In October 2000, Radical was named a BC finalist in Canada 's 50 Best Managed Private Companies. Radical was then chosen for the national round and competed against private companies from all over Canada. The finalists were chose by an independent panel of senior Canadian business leaders and academics. The winners will be profiled at the annual 50 Best Symposium and Gala on January 22 and 23, 2001 in Toronto.
""This award and Radical 's continued success is a testament to the talent and dedication of our management team and staff,"" said Ian Wilkinson, President & CEO of Radical. ""We are proud to be considered among 50 of the best managed companies in Canada and one of a few winners from BC,"" he added.
One of the management practices that Radical was recognized for was its open and regular communication between management and employees - - the President sends an email to all staff on a bi-weekly basis and staff input is sought on everything from which technologies to adopt to what food is stocked in the company 's kitchen. In addition, the CFO conducts a quarterly seminar to present the company 's financial performance so employees understand where the company is making and spending its revenues. The company was also lauded for progressive HR practices including implementing core hours, providing a salary top-up to 3-months full pay for maternity leave and establishing a revolutionary intellectual property review process, utilized to generate new ideas from among employees.
About Radical Entertainment
Radical Entertainment is one of North America 's leading developers of interactive entertainment. Founded in 1991 and headquartered in Vancouver, British Columbia, Radical creates top-selling entertainment products for the industry 's most powerful publishers, such as Fox Interactive, Microsoft and THQ. Recent high-grossing titles include MTV Snowboarding, Jackie Chan Stuntmaster and Independence Day. Titles in the works include Simpons Road Rage and Dark Summit. Committed to bringing creativity, imagination and passion to every aspect of business, the company maintains an in-house Research and Development team run by industry leaders in 3D graphics and real time technology. Radical was recognized as one of Canada’s 50 Best Managed Private Companies in 2000. For more information about Radical, visit the company 's web site at www.radical.ca.
-###-
For more information, please call: Farrah Jinha, Corporate Communications Radical Entertainment Tel. (604) 961-7859 "
|