Category: Uncategorized
June 4, 2003

News Release: Named Second Fastest Growing Canadian Company, Delivers extreme 5 year growth of 12,735%

Extreme CCTV Inc., a leading provider of night vision security camera surveillance equipment has achieved the status as Canada's second fastest growing company according to the June issue of PROFIT Magazine which annually tracks the top 100 fastest growing Canadian companies.

Extreme CCTV earned the ranking by delivering five-year growth of 12,735%, from just $137,505 in sales in 1997 to more than $17.6 million in 2002. And the growth continues - with 12-month trailing revenues reaching $21 million as of March 31, 2003. While the rankings were based on top-line performance, the Company has also been a strong bottom-line performer, earning $1.9 million, or $0.17 per share, for the fiscal year ended September 2002. Bottom-line growth also continues - with 12-month trailing earnings at $2.4 million, or $0.21 per share, as of March 31, 2003.

'It is very rewarding to receive this recognition from PROFIT Magazine for our performance,'stated Jack Gin, President and CEO of Extreme CCTV. 'Global demand for video surveillance and security rose dramatically in recent years and we developed leading edge night-vision and extreme environment cameras and equipment to meet this critical need. Technology leadership, innovation and customer focus have been the hallmark of our success. The ability to deliver this kind of performance comes from the hard work and commitment from the outstanding team of talent we have assembled.'

About the PROFIT 100

The PROFIT 100 is Canada's authoritative ranking of high-growth companies, celebrating the achievements of the best and brightest business stars. Results of our annual survey, with stories profiling top-growth leaders, are published in the June issue of PROFIT. The main sources of PROFIT 100 candidates were ballots published in PROFIT, entries through www.profit100.com, and mailings to previous entrants and qualifying public companies. Ballots ran in Canadian Business, Maclean's and Quebec newsmagazine L'actualite. Nominations were also collected through our ballot-distribution partners. Returns were ranked by five-year revenue growth.

For a complete listing of Profit Magazines'Canada's Fastest Growing Companies please see www.profitguide.com



About Extreme CCTV:

Based in Burnaby, British Columbia, Extreme CCTV Inc. (www.ExtremeCCTV.com) specializes in the design, development, and manufacturing of advanced infrared illuminators and precision-engineered video surveillance products. The Company's common shares trade on The Toronto Stock Exchange under the trading symbol 'EXC', with approximately 12 million outstanding.

Note: Certain of the statements contained in this news release may contain forward-looking statements which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of Extreme CCTV, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Extreme does not expect to update forward-looking statements continually as conditions change and you are referred to the full discussion of Extreme's business and the risk factors associated with Extreme's business contained in Extreme's Annual Information Form dated December 31, 2002, filed with the securities regulatory authorities in British Columbia and Alberta.



CONTACT: TEL: (604) 420-7711 Extreme CCTV Inc.

J. M. (Jack) Gin, President & CEO

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Website: www.ExtremeCCTV.com



TEL: (416) 657-2400 E-vestor Communications Inc.

Corbet Pala, Investor Relations

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