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Gentec One of Canada’s 50 Best Managed Companies

Gentec Recognized for a Fourth Year as one of Canada’s 50 Best Managed Companies

TORONTO, ON., February 23, 2011 – 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 fourth consecutive year.

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.

“At Gentec, we strive for excellence in everything we do, so it’s particularly rewarding that we have been able to retain our status as one of Canada’s 50 Best Managed Companies,” stated Mr. Seigel. “It’s an honour we share with our valued retail and trade partners who have significantly contributed to our success.”

Winners of the 2010 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 29th.

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
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.