GIFTCRAFT LTD. NAMED ONE OF CANADA`S BEST MANAGED COMPANIES

MARCH 25, 2014

For the Third Consecutive Year, Giftcraft Earns the Designation as One of Canada’s Best Managed Companies.

Giftcraft Ltd., an international leader in the design, development and distribution of innovative lifestyle and giftware products proudly announced the organization has maintained its designation as a Best Managed Company; requalifying for the award for the third consecutive year.

Sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, the esteemed national award program recognizes Canadian-owned businesses with annual revenues over $10 million that demonstrate business excellence throughout every aspect of their organization. Since the launch of the program in 1993, hundreds of organizations across the country have vied for the designation in a rigorous and independent process which evaluates their management skills and practices.

“On behalf of the entire Giftcraft Family, I would like to thank the program sponsors for again recognizing us as a Best Managed Company. We are every bit as proud and honoured to be recognized this year as we have been each of the past two years. Staying at the forefront of any industry can be challenging even in the best economic and market conditions. Our ability to continually do so directly reflects the passion and drive of every member of our organization. I thank my Senior Management team for leading by example and creating a culture which has encouraged remarkable creativity and innovation, empowerment and success and our team members for executing our shared vision for business excellence.” Trevor Cohen, CEO, Giftcraft.

Giftcraft services a diverse and loyal network of retail partners in over thirty countries worldwide. The unique business model and state-of-the-art infrastructure allows Giftcraft to accommodate the varying and often complex needs of a divergent customer base. This adaptability, in tandem with the Organization’s ability to deliver the RIGHT Product at the RIGHT Time and at the RIGHT Price to the marketplace is what differentiates Giftcraft; earning them the respect and trust of their retail partners.

Winners of the 2013 Canada’s Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Best Managed gala in Toronto on April 1, 2014 at the Metro Toronto Convention Centre.

About Giftcraft, www.giftcraft.com
Giftcraft Ltd. is a lifestyle industry leader servicing a diverse network of décor and giftware retailers throughout the world. With corporate headquarters based in Brampton, Ontario, Giftcraft Ltd. sets the standard in innovative design and development of decorative and functional lifestyle products to meet both the décor and giftware needs of today’s savviest consumer.

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 four 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) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review; 4) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca. Visit the online community for private companies the Best Managed channel on FP Executive: financialpost.com/bestmanaged.