Dynasil Ranked Number 175 Fastest Growing Company in North America on Deloitte’s 2010 Technology Fast 500™
20 Octubre 2010 - 7:53AM
Business Wire
Dynasil Corporation of America (OTCBB: DYSL.OB) today announced
that it was recognized as one of the 500 fastest-growing technology
companies in North America, ranked 175th on Deloitte LLP’s 2010
Technology Fast 500™, a ranking of the 500 fastest growing
technology, media, telecommunications, life sciences and clean
technology companies in North America. Rankings are based on
percentage of fiscal year revenue growth during the five year
period from 2005—2009. Dynasil revenue grew 577 percent during this
period.
“The tremendous growth and success of our company is a testament
to the great people that I’m privileged to work with every day,”
said Dynasil’s president and chief executive officer, Craig T.
Dunham. “The company’s 577 percent revenue growth achievement
reflects the strength of our diversified product portfolio,
bolstered by innovation, commercial initiatives, and operational
excellence. “We are honored to make the Deloitte 2010 Technology
Fast 500™ list. Dynasil constantly strives to introduce innovative
products that anticipate our customers’ needs. We are very excited
about our portfolio of products and technologies for the coming
year and we continue to see exceptional opportunity for continued
growth and profitability across our businesses.”
“Dynasil and the other 2010 Technology Fast 500™ winners forged
ahead in a challenging economic environment to realize exceptional
growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S.
technology, media and telecommunications leader. “Deloitte commends
Dynasil for this impressive accomplishment.”
“Dynasil has proved itself to be one of the fastest growing tech
companies in North America, and we are proud to honor them as one
of the 2010 Technology Fast 500™,” said Mark Jenson, managing
partner, venture capital services, Deloitte & Touche LLP.
Dynasil previously ranked 207 as a Technology Fast 500™ award
winner for 2009.
For additional detail on the Technology Fast 500™ including
selection and qualifying criteria, visit
www.fast500.com.
About Dynasil: Dynasil Corporation of America (OTCBB:
DYSL), is a provider of technology, products, services and
solutions aimed at making the world safer and healthier. The
company supplies a broad range of customers by serving their
specific needs in the medical, industrial, and homeland
security/defense markets. The Company has operations in New Jersey,
New York, Massachusetts and the UK.
As used in this document, “Deloitte” means Deloitte LLP. Please
see www.deloitte.com/us/about for a detailed description of the
legal structure of Deloitte LLP and its subsidiaries.
This news release may contain forward-looking statements usually
containing the words "believe," "expect," “plan”, “target”,
“intend” or similar expressions. These statements are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act. Future results of operations, projections, and
expectations, which may relate to this release, involve certain
risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Factors that would
cause or contribute to such differences include, but are not
limited to, the factors detailed in the Company's Annual Report or
Form 10-K, Quarterly Reports on Form 10-Q, as well as in the
Company's other Securities and Exchange Commission filings,
continuation of existing market conditions and demand for our
products.
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