TMCnet News
Talyst Joins Deloitte's Technology Fast 50 Program for Washington State(Wireless News Via Acquire Media NewsEdge) Talyst has been named to Deloitte's Technology Fast 50 program for Washington State, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area. Rankings are based on the percentage revenue growth over five years from 2003-07. Talyst's CEO Carla Corkern credits the company's revenue growth to the need for solutions to help healthcare organizations distribute medications more safely and efficiently. Corkern said, "Hospitals, extended-care facilities and correctional facilities are searching for solutions to improve medication safety. We help them most by enabling labor efficiencies and waste reduction to help pay for those quality improvements." Talyst's increase in revenues of 5,361.6 percent from 2003 to 2007 resulted in a number two ranking in the Technology Fast 50 for Washington State. The average increase in revenues among companies that made the Technology Fast 50 for this region was 828 percent, according to the company. To qualify for the Technology 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. ((Comments on this story may be sent to [email protected])) ((Distributed on behalf of 10Meters via M2 Communications Ltd - http://www.m2.com)) ((10Meters - http://www.10meters.com)) Copyright ? 2008 Wireless News |