InfoLogix Ranked the 160th Fastest Growing Company in North America on Deloitte 2006 Technology Fast 500
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Hatboro, PA, November 21, 2006
InfoLogix today announced that it ranked Number 160 on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over 5 years, from 2001-2005. InfoLogix grew 1,130 percent during this period.
InfoLogix CEO and President, David Gulian, credits taking advantage of market opportunities, partnerships with our customers, and dedicated staff to the company's 1,130% revenue growth over the past five years. Gulian said, "InfoLogix existing customer base in the mobility space allows us to explore new technology and tailor product and services to their specific needs thus creating new market opportunities."
Making Deloitte's Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate InfoLogix on being on of the 500 fastest growing technology companies in North America."
In addition to ranking on Deloitte's Technology Fast 500, InfoLogix ranked 5th on the Greater Philadelphia Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Greater Philadelphia.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2001 to 2005.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be a least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
About InfoLogix
As a market leader in Healthcare and Enterprise Mobile Solutions, InfoLogix utilizes the industry's most advanced information technologies: software, communications systems, RFID and bar coding, wireless mobile computing hardware, wireless infrastructures, and professional services. Our ability to increase our client effectiveness will lead to improved delivery of healthcare services and inventory management, enabling our hospital, warehouse, and retail customers to be more competitive in the global marketplace.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers service in four professional areas, audit, tax, consulting and financial advisory services, and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names.
In the United States, Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu and services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. The subsidiaries of the U.S. member firm are among the nation's leading professional services firms, providing audit, tax, consulting, and financial advisory services through nearly 40,000 people in more than 90 cities. Known as employers of choice for innovative human resources programs, they are dedicated to helping their clients and their people excel. For more information, please visit the U.S. member firm's web site at www.deloitte.com.
