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| 2/21/2012 2:14:58 PM ET | News Release Index
| | SiriusXM Canada Named One of Canada’s 50 Best Managed Companies for Third Consecutive Year | | | TORONTO, February 21, 2012 – SiriusXM Canada Inc., (TSX: XSR), the country's leading audio entertainment company, today announced that it has been named one of Canada's 50 Best Managed Companies for the third consecutive year.
Supported by Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business, the Best Managed award and designation honours Canadian companies that have demonstrated exceptional business results following a rigorous and independent evaluation process.
"Achieving the prestigious Best Managed designation for the third year in a row recognizes the immense talent and dedication of the entire SiriusXM team," said Mark Redmond, President and CEO, SiriusXM Canada Inc. "We're driven by our commitment to build one of the country's leading media companies by offering Canadians an unrivaled audio entertainment experience. On behalf of the entire company, we're pleased to share this honour with our partners and more than two million subscribers nationwide."
"We would like to congratulate SiriusXM Canada and its employees for achieving Canada's highest level of business excellence for the third consecutive year. It takes a united effort and we are privileged to acknowledge such a strong team" said John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program.
About Canada's 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. The awards are granted on three 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) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business. For further information, visit www.canadas50best.com.
About SiriusXM Canada
Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as SiriusXM Canada. SiriusXM Canada 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 and entertainment brands as well as from professional sports leagues 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 at www.sirius.ca and www.xmradio.ca and on Apple, BlackBerry and Android-powered mobile devices.
SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 3,000 retail locations nationwide.
For more information:
Jeff Roman
jroman@national.ca
416-848-1464
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