Vasomedical Named on Deloitte's 2012 Technology Fast 500 List
WESTBURY, N.Y., Nov. 15, 2012 /PRNewswire/ -- Vasomedical, Inc. ("Vasomedical") (OTCQB: VASO), a diversified medical technology company specializing in the design, manufacture and sale of medical devices for noninvasive cardiology including EECP® systems, the gold standard of ECP therapy, announced today that it was named to Deloitte's Technology Fast 500™, a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
The Deloitte Technology Fast 500™ are selected based on percentage fiscal year revenue growth from 2007 to 2011. Vasomedical's revenue grew 158 percent during the period.
"We are honored to be included in Deloitte's prestigious Technology Fast 500 list of companies for 2012," said Dr. Jun Ma, President and Chief Executive Officer of Vasomedical, Inc. "Our inclusion in this exciting group highlights the development our Company has been experiencing as we continue to implement our growth strategy, which includes product and business diversification, as well as strong support from medical providers of our EECP Therapy, a non-invasive heart disease treatment."
Vasomedical will appear on the Technology Fast 500™ list on www.fast500.com.
Vasomedical, Inc. is a diversified medical technology company specializing in the manufacture and sale of medical devices and in the domestic sale of diagnostic imaging products. The Company's main proprietary products are EECP® Therapy systems, the gold standard of ECP treatment. The Company operates through three wholly owned subsidiaries: VasoSolutions, Vasomedical Global and VasoHealthcare. VasoSolutions manages and coordinates the design, manufacture and sales of EECP® Therapy systems, and other medical equipment oper