Business
IDC named one of fastest growing companies in North America on Deloitte Technology Fast 500
IDC named one of fastest growing companies in North America on Deloitte Technology Fast 500.
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"\n\n\n\nFive-year revenue growth of 4,943% places company 33rd in top 500\n\n\nCALGARY, Oct. 23 /CNW/ - IDC (Imaging Dynamics Company Ltd.) (TSX: IDL),\ntoday announced that it has been named to Deloitte's 2007 Technology Fast 500,\na ranking of the fastest growing technology, media, telecommunications and\nlife sciences companies in North America. Rankings are based on percentage\nfiscal year revenue growth over the five-year period, from 2002 - 2006.\n\n\n"IDC's inclusion in the Deloitte 500 is another benchmark in our global\ngrowth and success in digital radiography technology," said Darryl Stein,\npresident and CEO for IDC. "The market has responded enthusiastically to our\nvalue proposition. By providing the most advanced digital X-ray technology at\na low cost, IDC is delivering advanced diagnostics to healthcare professionals\naround the world. We are honored to be among such innovative and successful\ntechnology companies."\n\n\n"Deloitte's Technology Fast 500 recognizes technology companies who have\nachieved extraordinary growth in North America's most innovative and\ncompetitive sectors," said Phil Asmundson, vice chairman, U.S. Technology,\nMedia and Telecommunications, Deloitte & Touche USA LLP. "We congratulate IDC\non this significant accomplishment."\n\n\nFast 500 Selection and Qualifying Criteria\n\n\nThe Fast 500 is compiled from Deloitte's 16 regional North American Fast\n50 programs, nominations submitted directly to the Fast 500, and public\ncompany database research. Companies are selected based on percentage revenue\ngrowth from 2002 to 2006.\n\n\nEntrants must own proprietary intellectual property or proprietary\ntechnology that contributes to a significant portion of the company's\noperating revenues or devote a significant proportion of revenues to research\nand development of technology. Using other companies' technology or\nintellectual property in a unique way does not qualify. Base-year operating\nrevenues must be at least $50,000 USD or $75,000 CND, and current-year\noperating revenues must be at least $5 million USD or CND. Companies must be\nin business a minimum of five years, and they must be headquartered within\nNorth America.\n\n\nAbout IDC\n\n\nIDC (Imaging Dynamics Company) is a medical technology company and\ninnovative force in the fast-growin...