Galt Networks is proud to announce that it has been honoured as one of Canada’s emerging growth companies in the seventh annual PROFIT HOT 50 ranking released today by PROFIT Magazine. The PROFIT HOT 50 is the definitive ranking of Canada’s emerging growth companies. Published in the September issue of PROFIT and online at PROFITguide.com, the PROFIT HOT 50 ranks young firms by two-year revenue growth.

Galt placed 7th overall in this year’s rankings, due in large part to strong growth from its core traffic monetization and performance advertising related activities. Going forward, Galt expects the growth to continue as it readies the release of several innovative ad monetization platforms and socially collaborative ventures targeted at the local search, rich media and teen/tweener networking markets.