HOME >> BIOLOGY >> NEWS
Nerac again named one of Connecticuts fastest growing technology companies

Tolland, CT -- October 23, 2003. For the second year in a row, Nerac has been named to Deloitte's prestigious "Technology Fast 50" program for Connecticut, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in fiscal year revenues from 1998-2002.

Nerac's President Kevin Bouley credits his determined staff and growing client base with the company's revenue growth of greater than 56 percent from 1998-2002. He said, "We are really excited to once again make Connecticut's Fast 50 program. With a 37-year history and steady revenue growth, Nerac's success is the result of the technology industry's essential need for reliable information. We are fortunate to achieve our success by helping foster the research and development activities of over 5,100 companies."

Increase in revenues of 56+ percent from 1998 to 2002 assisted in Nerac's repeat appearance in the Connecticut Fast 50. This year's winners averaged 172 percent growth, representing a total of $3.1 billion in revenues, over the five-year period 1998 to 2002, to the Connecticut economy.

"In today's economy, double-digit percentage revenue growth is an exceptional accomplishment. We commend Nerac for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Nerac as a Deloitte Connecticut Technology Fast 50 winner."

To qualify for the Connecticut Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, and be a "technology company," defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.

Winners of the 20 regional
'"/>

Contact: Suzi Craig-Edwards
scraig@nerac.com
860-872-7000
Nerac, Inc.
23-Oct-2003


Page: 1 2

Related biology news :

1. Nerac delivers journal tracking solution through TOC Journal Watch
2. Nerac.com to deliver newswire feed twice daily
3. Nerac to expand patent collection with 17 more resources
4. Nerac rebuilds TOC Journal Watch service with new search engine
5. Nerac.com and Infinata partner to offer BioPharm Insight(TM) Resource
6. Certain genes boost fish oils protection against breast cancer
7. There and back again
8. New research suggests early diet may play key role in protecting against childhood leukaemia
9. $18 million bioinformatics center to become weapon against deadly diseases
10. Bodys own defense against H. pylori, cause of stomach ulcers and stomach cancer
11. Molecular therapeutics advance fight against brain cancer

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:10/17/2019)... Texas (PRWEB) , ... October 15, 2019 , ... ... firm, is pleased to announce it made its first appearance on the Houston ... revenue growth of 56 percent. , With corporate headquarters in Houston, Modality ...
(Date:10/17/2019)... CHICAGO (PRWEB) , ... October 16, 2019 , ... ... to announce that its global expansion into Europe continues with the opening of ... a presence in Romania was driven by the country’s accelerated growth in clinical ...
(Date:10/10/2019)... SAN DIEGO (PRWEB) , ... October 09, 2019 ... ... their merger-acquisition of Nanosens Innovations, Inc., the creators of CRISPR-Chip™. Cardea first ... announcement of their Early Access Program for the Genome Sensor™. Built with CRISPR-Chip ...
Breaking Biology News(10 mins):
(Date:9/17/2019)... ... September 16, 2019 , ... ... the China Focus @ Biotech Week Boston, a forum organized by MyBioGate, Inc. ... healthcare innovation. , After a careful process of evaluation, twelve companies out of ...
(Date:9/11/2019)... Pa. (PRWEB) , ... September 09, 2019 , ... ... Response Technology (IRT) for clinical trial randomization and drug supply chain management, today ... provider for the global life sciences industry. , “The integration between Veeva Vault ...
(Date:9/11/2019)... , ... September 10, 2019 , ... ... manufacturing solutions for drugs, biologics, gene therapies, and consumer health products, today announced ... be held at the Bausparkasse Schwäbisch Hall AG, Schwabisch Hall, Germany, on Sept. ...
(Date:9/8/2019)... NEW YORK (PRWEB) , ... September 04, 2019 ... ... New York Academy of Sciences announced today the three Winners and ... Supporting outstanding postdoctoral scientists from academic research institutions across New York, New Jersey, ...
Breaking Biology Technology:
Cached News: