FORT LAUDERDALE, Fla., Oct. 22 /PRNewswire/ -- OmniComm Systems, Inc (OTC: OMCM.OB) today announced that it ranked number 220 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 the percentage of fiscal year revenue growth during the period from 2005-2009. OmniComm grew 445 percent during this period.
OmniComm's CEO, Cornelis F. Wit, credits the expansion of its customer base in the US and Europe and the addition of its new product lines with the company's 445% revenue growth. "We are very pleased to be ranked on the Technology Fast 500 list for the third time in the last 5 years," said Mr. Wit. "Our growth has been steady with our existing EDC product line and the addition of our new eClinical product lines- including TrialOne for phase I automation and CDMS, CTMS, and Safety solutions have allowed us to enter into new markets."
"OmniComm and the other 2010 Technology Fast 500 winners forged ahead in a challenging economic environment to realize exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends OmniComm for this impressive accomplishment."
"OmniComm has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500," said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.
OmniComm previously ranked #284 as a Technology Fast 500 award winner in 2009, and earlier in 2005 as #140. Overall, Technology Fast 500 award winners for 2010 had revenue growth ranging from 146 percent to 164,709 percent from 2005 to 2009, with an average growth of 2,361 percent.
|SOURCE OmniComm Systems, Inc.|
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