PRESS RELEASE
GENTEC CELEBRATES ITS MILESTONE FIFTH YEAR AS ONE OF CANADA’S 50 BEST MANAGED COMPANIES
TORONTO, ON., February 21, 2012 – Joel Seigel, President and CEO of Gentec International, is pleased to announce that Gentec has been named one of Canada’s 50 Best Managed Companies for a fifth consecutive year.
“Our commitment to excellence fuels our drive to improve year after year,” stated Mr. Seigel. “Being recognized for a fifth year as one of Canada’s 50 Best Managed Companies means we’ve been successful in that endeavour. It’s an honour we share with our retail and trade partners, who have been integral to our ongoing growth and success.”
Established in 1993, Canada’s 50 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.
Winners of the 2011 Canada’s 50 Best Managed Companies award, along with Requalified and Platinum Club members, will be honoured at the annual Best Managed gala in Toronto on March 27th.
About Canada’s 50 Best Managed Companies
Canada’s 50 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. Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen’s School of Business. For further information, visit www.canadas50best.com.
About Gentec International
Founded in 1990, Gentec International is Canada’s leading consumer accessory products company supplying a complete range of photo, video, digital, sport optics, home theatre, electronics, wireless and mobile audio products to the Canadian retail marketplace. Gentec offers prominent brand names such as Optex, Sigma, Velbon, Gary Fong, Black Rapid, Roots, iQ, SanDisk, Sunpak, Bushnell, Tasco, Zeiss, Remington Clothing, Planet Wireless, Energy, Sony, Electrohome, Prolink, Klipsch, Mirage, Jamo, Stinger, and Phoenix Gold. Gentec operates out of a high-cube, state-of-the-art, fully computerized 100,000 sq. ft. warehouse and distribution centre that offers efficient, seamless service to our customers. With over 90 employees, Gentec covers the needs of its retailers coast to coast using the latest technology systems, streamlined efficiencies, and customer service that is second to none.
And yet as a client I find their service leaves a lot to be desired. The quality control of Sigma lenses is notoriously bad. When you send in an item for warranty you’ll hear nothing for weeks. Repeated follow-up e-mails to various people at Gentec have no effect whatsoever. This is just companies getting together to give one another a pat on the shoulder. A meaningless prize.