- 6th Consecutive Year in Deloitte's Technology Fast 50 Program -
BRANFORD, Conn., Oct. 19 /PRNewswire-FirstCall/ -- CAS Medical Systems, Inc. (Nasdaq: CASM), a medical device company focused on innovative, non-invasive vital signs monitoring, today announced that it has been named to Deloitte's prestigious Technology Fast 50 Program for Connecticut, 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 of revenue growth over five years from 2002-2006.
"To rank on Deloitte's Technology Fast 50, companies must have exceptional revenue growth over five years," stated Ed Moran, Director of Product Innovation, Deloitte Services. "CAS Medical Systems has proven, year after year, to be one of the fast-growth success stories in Connecticut, and we applaud their dedication to making their vision a reality."
Andrew Kersey, President and CEO of CASMED, credits the Company's 134%
revenue growth from 2002-2006 to the expansion of product lines into new
markets, new product introductions and acquisitions, and a dedication to
continuing to improve manufacturing processes and quality. "CASMED has
shown tremendous growth over the last five years in our core product areas
of vital signs monitoring and non-invasive blood pressure technology. This
is a testament to the strength of our organization at all levels, from
design to manufacture to marketing and sales. The 2007 introduction of our
new FORE- SIGHT(R) Cerebral Oximeter, a unique monitor that allows
clinicians to monitor absolute oxygen levels in brain tissue and respond
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