Business
IDC Ranked Number 360 Fastest Growing Company in North America on Deloitte's 2008 Technology Fast 500
Attributes its 382.76 Percent Revenue Growth to the Growing Adoption of Digital Radiography (DR) ...
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"\n\n\n\nAttributes its 382.76 Percent Revenue Growth to the Growing Adoption of\nDigital Radiography (DR) Technology in Healthcare Facilities Worldwide\n\n\nCALGARY, Nov. 17 /CNW/ - IDC (Imaging Dynamics Company Ltd.) (TSX: IDL),\nthe global leader in the rapidly growing market for digital radiography (DR),\ntoday announced it is ranked among the Deloitte's 2008 Technology Fast 500, a\nranking of the 500 fastest growing technology, media, telecommunications and\nlife sciences companies in North America. Rankings are based on the percentage\nof fiscal year revenue growth over five years, from 2003 - 2007. IDC grew\n382.76 percent during this period.\n\n\nIDC President and CEO, Tom Boon credits the company's expansion into\nAsia, Latin America and EMEAI (Europe, The Middle East, Africa and India) with\nthe company's 382.76 % revenue growth over the past five years. He said,\n"IDC's continued focus on innovation with the launch of the X-Series DR\ntechnology in 2007 and growth in these rapidly developing foreign markets has\nearned IDC this prestigious distinction.\n\n\n"It's great to see so many of our Canadian Technology Fast 50 winners\nincluded in the North American Fast 500," stated John Ruffolo, National\nLeader, Technology, Media & Telecommunications Industry Group, Deloitte.\n"While helping fuel the growth of the Canadian technology industry and as an\noutstanding example of Canadian technology leadership, IDC is more than just a\nCanadian success story - it is also a North American technology leader."\n\n\nIn addition to ranking on Deloitte's Technology Fast 500, IDC ranked 36\non the Canadian Technology Fast 50, which is a ranking of the 50 fastest\ngrowing technology firms in Canada.\n\n\nFast 500 Selection and Qualifying Criteria\n\n\nThe Fast 500 ranks the fastest growing technology, media,\ntelecommunications and life sciences companies in North America. It is\ncompiled from Deloitte's regional North American Fast 50 programs, nominations\nsubmitted directly to the Fast 500, and public company database research.\nCompanies are selected based on percentage revenue growth from 2003 to 2007.\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 rev...