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TriVirix Ranked # 1 Fastest Growing Company In Deloitte's Technology Fast 50



10/19/2005 5:10:33 PM

DURHAM, N.C., Aug. 27 /PRNewswire/ -- TriVirix, a leading contract manufacturer of Medical and Life Sciences electronic equipment, takes the number one spot in Deloitte & Touche's prestigious Technology Fast 50 Program for North Carolina. The annual award program ranks the 50 fastest growing technology companies in North Carolina by Deloitte & Touche LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.

(Logo: http://www.newscom.com/cgi-bin/prnh/20031222/CLM045LOGO )

In both 2002 and 2003, TriVirix received top ten ranking in the Triangle Business Journal's Fast 50 award, however this is the first time it has been eligible for Deloitte's North Carolina Technology Fast 50.

TriVirix's (interim) CEO Kathy Blum credits its exclusive focus on medical and life sciences industries and its broad service offering as critical to its success. "Medical and life sciences equipment companies are unique in their demand for a manufacturing partner with expert regulatory knowledge, an understanding of their business drivers and the ability to consistently deliver high quality product. That is what differentiates TriVirix from other contract manufacturers," she said. "This recognition validates our business strategy and the contribution we're making to the medical and life sciences equipment industries."

The company's success is realized through a combination of organic customer growth and strategic acquisitions. In the last year, TriVirix increased its customer base by nearly 30%, and has completed three acquisitions.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003 and must be public or private companies headquartered in North America.

Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit http://www.fast500.com/ .

About TriVirix

TriVirix is a contract manufacturing services company serving the medical device and life sciences industries. Focused exclusively on the development, manufacture, and support of electronic medical and life sciences equipment, TriVirix offers an attractive value proposition to original equipment manufacturers with a need to outsource medical manufacturing. All of TriVirix's global design and manufacturing facilities are ISO9001/ISO13485 certified, FDA registered, and QSR compliant. For more information, please visit http://www.trivirix.com/ .

About Deloitte

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at http://www.deloitte.com/us .

PR Contact: Josh Rose, TriVirix, (919) 595 8242, jrose@trivirix.com

Photo: http://www.newscom.com/cgi-bin/prnh/20031222/CLM045LOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, 888-776-6555 or 212-782-2840 TriVirix

CONTACT: Josh Rose of TriVirix, +1-919-595-8242, or jrose@trivirix.com


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