Attributes Innovation to its 385 Percent Revenue Growth
KING OF PRUSSIA, Pa., Oct. 30 /PRNewswire/ -- Health Market Science, Inc. has been named to Deloitte's prestigious Fast 50 Program for Greater Philadelphia, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003 to 2007. This is Health Market Science's second time on the Fast 50 list.
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Health Market Science's CEO Matt Reichert credits innovation and customer focus with the company's 385 percent revenue growth from 2003 to 2007. Health Market Science's increase in revenues of 385 percent from 2003 to 2007 resulted in a 17th ranking in the Fast 50 for Greater Philadelphia.
The Greater Philadelphia Fast 50 program is presented by Deloitte and sponsored by Fragomen, Del Rey, Bernsen & Loewy, LLP, The Judge Group, and UK Trade & Investment.
To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, 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. Using other companies' technology or intellectual property in a unique way does not qualify.
Winners of the regional Fast 50 programs in the United States and
Canada are automatically entered in Deloitte's Fast 500 program, which
ranks North America's top 500 fastest growing technology, media,
telecommunications, and life sciences companies. For more info
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