Press Release |
MediConnect Global Ranked Number 172 Fastest Growing Company in North America on Deloitte`s 2009 Technology Fast 500
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Attributes its 787% Percent Revenue Growth to the support of dedicated clients, innovative technology, and a commitment to advancing healthcare transformation SALT LAKE CITY--(Business Wire)-- MediConnect (www.mediconnect.net) today announced that it ranked number 172 on Technology Fast 500, Deloitte LLP`s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. MediConnect grew 787% percent during this period. MediConnect`s CEO, Amy Rees Anderson, credits the support of dedicated clients, innovative technology, and a commitment to advancing healthcare transformation with the company`s 787% revenue growth over the past five years. "We feel incredibly grateful each day for the remarkable growth we continue to experience at MediConnect," states Anderson. "By continuing to focus on our core values of integrity, going the extra mile, and achieving excellence in all we do, we hope to have many more years of record growth still to come." "Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate MediConnect on this accomplishment." "With its impressive five-year growth, MediConnect has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor MediConnect for its achievement." Technology Fast 500 Selection and Qualifying Criteria Technology Fast 500provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research conducted by Deloitte. Technology Fast 500 award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies` technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues. Technology Fast 500 award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America. About MediConnect Global MediConnect Global, Inc. is a leading medical records retrieval and electronic document management provider. MediConnect`s RapidRetrieve and RapidReview are industry leading systems that provide web-based record retrieval and management for health, legal and life insurance companies, as well as private consumers. Since 1996, MediConnect has retrieved, secured and managed confidential records successfully. For more information visit www.mediconnect.net. About Deloitte As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries." MediConnect Global, Inc. Jane Brog, 801-545-3711 firstname.lastname@example.org Copyright Business Wire 2009