BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Diagnostic Ultrasound Corporation, Maker Of The BladderScan(R), Ranks In Deloitte's Technology Fast 50 For Washington State


10/19/2005 5:13:20 PM

BOTHELL, Wash., Oct. 11 /PRNewswire/ -- Diagnostic Ultrasound Corporation is pleased to announce that it has been ranked in Deloitte's prestigious Technology Fast 50 Program for Washington State, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services organizations. Rankings are based on percentage revenue growth over a five-year period from 2000-2004. This is the second time in the past five years that Diagnostic Ultrasound has been ranked in Deloitte's Fast 50.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010503/SFTH003LOGO-b )

"We had another stellar, high growth, high profit year," said Gerald McMorrow, CEO of Diagnostic Ultrasound Corporation. "Our growth is directly tied to our fine team of employees worldwide. Our BladderScan(R) has become a standard of care, and we are working to develop additional innovative products. I would like to thank our loyal customers for working to improve patient care, and our team of employees for providing excellence to our customers."

"To make Deloitte's Technology Fast 50, companies within Washington State must have had tremendous revenue growth from 2000-2004," said Larry Hile, a partner in Deloitte's Seattle office. "Deloitte applauds Diagnostic Ultrasound for having the long-term vision to develop technologies that improve health care delivery."

Diagnostic Ultrasound specializes in application-specific medical ultrasound devices and related software and imaging services for the Urology, Acute Care, Primary Care and Extended Care markets. The company is best known for its BladderScan(R) product line, which is clinically proven to help prevent unnecessary catheterization and reduce rates of urinary tract infection. Diagnostic Ultrasound recently received an infusion of capital to fund both internal and acquisition-focused growth initiatives from DW Healthcare Partners, L.P., and Rho Private Equity, L.P.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in Washington, and be a "technology company," defined as a company that owns proprietary technology 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. For more information, please visit www.fast500.com.

About Diagnostic Ultrasound

Diagnostic Ultrasound fills a unique niche in the ultrasound industry, specializing in portable, application-specific ultrasound devices. The company's mission is to advance patient care by making noninvasive ultrasound more accessible to health care providers. Founded in 1984, Diagnostic Ultrasound has grown from a small start-up into a thriving and profitable international corporation. For more information, visit www.dxu.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any or 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. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries or 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.

NOTE: BladderScan(R) is a registered trademark of Diagnostic Ultrasound Corporation.

Contact: Jessica McMorrow, PR Specialist of Diagnostic Ultrasound, +1-425-867-1348, ext. 1417.

Photo: http://www.newscom.com/cgi-bin/prnh/20010503/SFTH003LOGO-bAP Archive: http://photoarchive.ap.orgPRN Photo Desk, photodesk@prnewswire.comDiagnostic Ultrasound Corporation

CONTACT: Jessica McMorrow, PR Specialist of Diagnostic Ultrasound,+1-425-867-1348, ext. 1417



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES