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Company Also Announces CEO Interview with WallSt.net
SAN DIEGO, Oct. 16 /PRNewswire-FirstCall/ -- CardioDynamics (Nasdaq: CDIC), the innovator and leader of Impedance Cardiography (ICG) technology, has been named to Deloitte's prestigious Technology Fast 50 Program for San Diego, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area 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.
CardioDynamics' Chief Executive Officer, Michael K. Perry, stated, "This is the ninth year we have been given the honor of being ranked in the Fast 50. This is a great achievement considering the number and quality of technology and life sciences companies in San Diego. We are proud of the proven benefits of our proprietary ICG technology, the tenacity and dedication to customer service of our direct sales and clinical sales force and our entire company's focus towards improving drug management for cardiac medicine."
CardioDynamics' increase in revenues of 29% percent from 2002 to 2006 resulted in a 50th ranking in the Technology Fast 50 for San Diego. To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
The Company also announced Mr. Perry will be featured in an exclusive
interview with http://www.wallst.net on October 17, 2007, at 10:00 a.m. PT
(1:00 p.m., ET). The interview will be posted on http
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