TORONTO, Sept. 8 /CNW/ – Toronto based Silverwood Flooring has ranked13th in the 10th annual PROFIT HOT 50 ranking of Canada's Emerging Growth Companies.

The PROFIT HOT 50 is the definitive ranking of Canada's Emerging Growth Companies ranking young firms by two-year revenue growth. According to Ian Portsmouth, editor of PROFIT: Your Guide to Business Success: "The PROFIT HOT 50 have achieved phenomenal growth rates despite a battered economy. Their success is a testament to their innovative approaches to satisfying the demands of the marketplace and managing their own companies."

"It is very rewarding to be recognized for our early success," says Silverwood Flooring President, Tamar Royt. "Our business has a 3 year sales cycle and the PROFIT study looked at the period before our large projects had even started. 2009/2010 promises to be our biggest growth year to date as we continue to focus on bringing our customers the best in décor, quality and service."

About Silverwood Flooring:

Silverwood Flooring is a leading provider of quality flooring products to the construction industry supplying major residential and hospitality projects by Tridel, Minto, Amexon and other large developers. Silverwood specializes in environmentally conscious flooring products ranging from traditional hardwoods to bamboo, cork and other innovative acoustical floors. www.silverwoodflooring.com

About PROFIT Magazine:

PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid–sized businesses. Published six times a year by Rogers Publishing Ltd. www.PROFITmagazine.ca.

For further information: Tamar Royt, (416) 923–8181, tamar@silverwoodflooring.com