Converge secures a ranking on the TSX Venture
50 List for the second year in a row.
TORONTO and GATINEAU, QC, Feb. 24,
2021 /CNW/ - Converge Technology Solutions Corp.
("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB)
(OTCQX: CTSDF) a national platform of regionally focused Hybrid IT
solution providers in the U.S. and Canada, is pleased to announce it has ranked
fifth within the top performing technology companies traded on the
TSX Venture Exchange throughout 2020, as recognized by the 2021 TSX
Venture 50® List.
The 2021 TSX Venture 50® List outlines the top 10
companies listed on the TSX Venture Exchange, in each of five major
industry sectors – mining, oil & gas, technology & life
sciences, diversified industries and clean technology – based on
the three equally weighted criteria of market capitalization
growth, share price appreciation, and trading volume. Throughout
2020, Converge realized a market cap increase of 525% and a share
price increase of 255%, compared to a market cap increase of 173%
and share price increase of 155% throughout 2019.
"It is an honor to be recognized as the fifth strongest
technology company ranked by the TSX Venture 50, in addition to
being the sixth strongest company ranked on the 2021 OTCQX Best 50
list," stated Shaun Maine, CEO of
Converge. "The TSX Venture Exchange has been a valuable platform
for Converge over the last few years since going public in late
2018 and it has been a fantastic stepping-stone leading to our
recent graduation to the TSX. We look forward to continuing our
growth plan in 2021 and beyond on behalf of our shareholders."
About Converge
Converge Technology Solutions
Corp. is a North American software-enabled, Hybrid IT solution
provider focused on delivering industry-leading solutions and
services. Converge's regional sales and services organizations
deliver advanced analytics, cloud, cybersecurity, and managed
services offerings to clients across various industries. The
Company supports these solutions with talent expertise and digital
infrastructure offerings across all major IT vendors in the
marketplace. This multi-faceted approach enables Converge to
address the unique business and technology requirements for all
clients in the public and private sectors. For more information,
visit convergetp.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/converge-recognized-as-a-top-performing-tsx-venture-company-for-2020-301234669.html
SOURCE Converge Technology Solutions Corp.