Romet Named 2019 Best Managed Company

Honoured as Best-in-Class Canadian Owned and Operated Enterprise

TORONTO (March 14, 2019)—Romet Limited today announced it has been named one of Canada’s Best Managed Companies for the third consecutive year. The Mississauga, Ontario provider of natural gas meters and meter-related services was one of 477 private Canadian companies recognized.

“We are pleased to have been awarded this prestigious designation,” said Brent Collver, P.Eng., Romet’s Chief Executive Officer. “This recognition reflects the continued commitment of our entire team to provide the rugged, reliable and responsive products and services valued by customers worldwide.”

Each year hundreds of entrepreneurial companies with revenues of $15 million or more are evaluated by a judging panel comprised of a select group of independent members and rotating special guest representatives. Only the top-performing Canadian owned companies are selected to be on the best-managed list.

The rigorous application process evaluates four key areas of company performance: Strategic vision, capability, commitment and return on investment. Established in 1993, Canada’s leading business awards program was sponsored this year by Deloitte, CIBC, Canadian Business, Smith School of Business, and the Toronto Stock Exchange.

“It’s gratifying to be recognized once again as one of Canada’s Best Managed Companies,” said Roy A. Sutterfield, Romet’s Vice Chairman of the board. “We attribute our success to an unrelenting focus on customers, the industry and the role of natural gas as a primary energy source,” he said, adding that the introduction of new and enhanced offerings, the move to a state-of-the-art manufacturing facility and recent global expansion contributed to Romet’s repeat recognition.

About Canada’s Best Managed Companies:

Established 26 years ago, Canada's Best Managed Companies recognizes excellence among Canadian owned and managed companies with annual revenues over $15 million. Each year entrepreneurial companies compete for the designation in a process that evaluates the caliber of management abilities and practices. Awards are granted at four levels: New Winner (first-time winner); Winner (second and/or third consecutive year winner); Gold Standard Winner (fourth, fifth and/or sixth consecutive year winner); and Platinum Club Winner (seventh or more consecutive year winner). For more information visit www.bestmanagedcompanies.c

About Romet

Romet provides end-to-end measurement solutions to natural gas utilities across the globe by providing best-in-class technologies to meet our customers' needs now and 20 years from now. Our technological platforms are designed to seamlessly provide customer-centric measurement solutions at any level of your business.

Our mission is centered on customer satisfaction through responsive deliveries, technical support and customer service that is matched with rugged and reliable products, manufactured with uncompromising quality, accuracy and safety requirements. We will continue developing innovative technologies within the natural gas industry, promoting efficient, sustainable and cost-effective energy solutions