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:2/22/2019)... , ... February 21, 2019 , ... Clean label food ... expected when creating natural foods and beverages. It is quite common to spot consumers ... Yet, meat products are not immune to this label scrutiny. , More than ...
(Date:2/19/2019)... ... February 20, 2019 , ... ... that will see Dimensions rolled out across the organization. Dimensions provides in-depth ... across their business, support strategic planning, and understand past and future funding ...
(Date:2/14/2019)... ... February 14, 2019 , ... This year’s conference in ... 80 scientific sessions and 2,100 presentations. Given SOT’s mission to bring together researchers ... OpenLiver™ 3D cell culture model initiative that it recently launched with Biopredic ...
Breaking Biology News(10 mins):
(Date:2/2/2019)... ... ... Stay on top of current hot topics through free webinars presented by leading ... free, so be sure to register today to save your place! Participate in the ... our upcoming webinars, or click below to learn more about each webinar: , CLINICAL ...
(Date:1/30/2019)... ... January 29, 2019 , ... Could a computer detect a ... tricky math problem on an online tutoring program? Could it detect deep reflection ... science assistant professor Erin Solovey is working to develop a system ...
(Date:1/24/2019)... ... ... Controlled Contamination Services is pleased to announce three exciting new additions to ... team members will support its growing operation across the US and will be a ... This addition will enable CCS to widen its reach and provide enterprise wide solutions ...
(Date:1/20/2019)... ... January 16, 2019 , ... On January 15 of ... news article by Asymmetrex director James L. Sherley, M.D., Ph.D. The ... resources like the PGCB and CellTrials.org. Now in its 21st year of operation, ...
Breaking Biology Technology:
Cached News: