WESTBURY, N.Y., Nov. 13, 2013 /PRNewswire/ -- Vasomedical, Inc. ("Vasomedical") (OTC BB: VASO), a diversified medical technology company specializing in the design, manufacture and sale of medical devices for noninvasive cardiology, including EECP® Therapy systems, the gold standard of ECP therapy, today announced it has been named to the Deloitte's Technology Fast 500™ for the second consecutive year, with a ranking of 207 on the 2013 list, up from 443 on the 2012 list.
The Deloitte's Technology Fast 500 List is an annual ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The ranking is based on percentage annual revenue growth from 2008 to 2012, during which Vasomedical's total annual revenue increased by 501.2 percent.
"Vasomedical's success over the past several years is clearly a direct result of effective implementation of the strategy the Board of Directors put into place. This includes diversifying our business, broadening our product offering and market presence through development and acquisition, as well as restructuring the leadership team with individuals with deep industry experience," commented Dr. Jun Ma, President and CEO of Vasomedical, Inc.
"We are pleased to be included on this list of prestigious companies, and this honor highlights the strides our Company has made in the right direction. We will continue to implement our growth strategy in the domestic and international medical marketplaces and continue to build value for our shareholders."
"The Deloitte's 2013 Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunic
|SOURCE Vasomedical, Inc.|
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