SANTA CLARA, Calif., Oct. 31 /PRNewswire-FirstCall/ -- Align Technology, Inc. (Nasdaq: ALGN), the inventor of Invisalign, a proprietary method of straightening teeth without wires or brackets, has been named to Deloitte's prestigious Technology Fast 50 Program for Silicon Valley, a ranking of the fastest growing technology, media, telecommunications, and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006.
Thomas M. Prescott, Align's president and CEO, credits the Company's growth to Align's leadership and technology advantage in a large untapped market. "Our growth reflects the tremendous market opportunity for Invisalign and strong interest among consumers and dental professionals. Align is the market leader in clear aligner therapy, and we will continue to press that advantage as we strive to become the most important part of our customers' practices," said Prescott.
Align Technology's increase in revenues of 196 percent from 2002 to 2006 resulted in a #23 ranking in the Scientific & Medical Equipment, and Bio-Technology category of the Technology Fast 50 for Silicon Valley. The average increase in revenues among companies who made the Technology Fast 50 for this region was 1,455 percent.
"Deloitte's Silicon Valley Technology Fast 50 companies have shown the
strength, vision and tenacity to succeed in today's very competitive
technology environment," said Mark Jensen, partner and national director,
Venture Capital Services, Deloitte & Touche LLP. "We applaud the successes
of Align Technology and acknowledge it as one of the very few to
|SOURCE Align Technology, Inc.|
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