Cority (formerly Medgate) CEO Mark Wallace Selected as Finalist for the EY Entrepreneur of The Year Awards

TORONTO, ON, July 13, 2017 -- This prestigious award recognizes a small group of Ontario entrepreneurs for their vision, leadership, personal integrity, financial performance, and entrepreneurial spirit. 

Forty-six finalists were chosen amongst ten categories for this years’ award. This group of entrepreneurs and leaders dare to take risks, dive into uncertainty and overcome challenges with innovative solutions. 

“I’m delighted to have been selected as a finalist for this award,” said Mark Wallace. “What we have at Cority is something unique. I love what I do, my team loves what they do, and being recognized for the work we’re doing is very special.” 

As President and CEO of Cority, formerly known as Medgate, Mark is responsible for the operations, management, and performance of a rapidly evolving company in a dynamic sector.  

Since assuming the position in 2003, Mark has grown Cority’s revenues, employee numbers, and customer base dramatically. The company now serves over 800 global clients including Toyota, General Electric, Rio Tinto, NASA, BHP Billiton, Suncor, Bayer, the United Nations, and many other well-known organizations.  

Cority has been profitable every quarter since Mark joined and has enjoyed an especially high profit margin each of the past ten years, growing at a rate of at over 30 percent over the last four years thanks to Mark’s leadership. 

“Mark is an exceptional leader at Cority,” said Cority CTO Stan Marsden. “He’s taken the company from humble beginnings and transformed it into a profitable, market leader in EHSQ with an unbeatable culture. This nomination is well deserved.” 

About Cority 

Cority (formerly Medgate) is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to advance their journey to sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure SaaS platform. With 30+ years of innovation and experience, Cority’s team of 250 experts serve more than 800 clients in 70 countries, supporting millions of end users. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance. 

About EY Entrepreneur of The Year™ 
EY Entrepreneur of The Year™ is the world’s most prestigious business awards program for entrepreneurs. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.  

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b4fead79-2d27-4fda-a6b1-571e0843c946

Cority Software Inc. (Formerly Medgate)
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