eCardio Ranks No. 912 on the 2011 Inc. 500|5000 with a Three-Year Sales Growth of 335%
HOUSTON, Aug. 24, 2011 /PRNewswire/ -- eCardio Diagnostics (www.ecardio.com) announced today their inclusion on Inc. magazine's fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. eCardio was recognized for the third consecutive year, ranking #912 overall and #65 in the Health segment this year with a three-year sales growth of 335%.
The list represents the most comprehensive look at the most important segment of the economy— America's independent entrepreneurs. In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year's list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
"eCardio is honored to be among a prestigious pedigree of other notable alumni recognized for multiple years," said Larry Lawson, President and Chief Executive Officer.
"Our growth over the past year can mostly be attributed to two things: our ongoing desire to continue development of enhanced technology that gives physicians accurate and timely information about their patients; and our focus on providing a positive experience for patients so they can go about their daily routines while wearing a monitor," said Lawson.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
About eCardio
eCardio, www.ecardio.com, is one of the nation's leading providers of comprehensive and advanced technologies, devices, services and solutions for the diagnosis, monitoring and subsequent clinical management of cardiac arrhythmias, predominantly in an ambulatory setting. eCardio provides leading-edge diagnostic innovations and solutions that optimize the flexibility, speed and accuracy of cardiac arrhythmia diagnoses.
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
SOURCE eCardio