Guys..I am about to hype IMSG again..ready... I'm rally starting to think this thing will move.....rally I am....
Shoot1st.....run for cover later.
Image Systems Corporation a Winner In First
Annual Minnesota Technology Fast 50
Business Wire - September 25, 1998 09:56
6 MINNETONKA, Minn.--(BUSINESS WIRE)--Sept. 25, 1998-- Image Systems
Corporation has been named to Deloitte & Touche's prestigious Minnesota
Technology Fast 50, a ranking of the 50 fastest growing technology companies in
the state. Rankings are based on the non-compounded percentage of growth in
revenues from 1993-1997. 6 Image Systems' increase in revenues of 166% over
the five-year period of 1993 to 1997 resulted in a 40th ranking overall in the
Minnesota Technology Fast 50. 6 Image Systems Corporation's CEO Dean Scheff
credits talented and dedicated employees and a receptive market for the company's
166 percent revenue growth over the past five years. He said, "Image Systems
established its' position as a leading manufacturer of display products for the
medical imaging industry in the early 1990s. We have been successful in retaining
our market position despite a number of other entrants in recent years. Emerging
new imaging markets, along with growing acceptance in the medical industry,
provide a strong base for our products." 6 "To make the Fast 50 is a phenomenal
achievement, and we at Deloitte & Touche congratulate Image Systems
Corporation for its incredible growth, and for the determination, creativity and hard
work it took to get to this point," said audit partner Ron Hafner, who chaired the
program for the Minneapolis office. 6 To qualify for the Fast 50, companies must
have had revenues of at least $50,000 in 1993; must be public or private companies
headquartered in the region; and be "technology companies" defined as companies
that produce technology, manufacture a technology product, are technologically
intensive, use technology in problem-solving, or devote a high percentage of effort
to research and development of technology. 6 Winners of the 19 regional Fast 50
programs in the United States are automatically entered in the Deloitte & Touche
Technology Fast 500 program, which ranks the nation's top 500 fastest-growing
technology companies. The winners of the Fast 500 will be announced in the
November 30, 1998 issue of Forbes ASAP. 6 Image Systems Corporation
manufactures and markets quality large-screen high resolution monitors used in the
medical and air traffic control industries. Image Systems' newest product is a 16.1"
AMLCD high bright flat panel display. Monitors are compatible with multiple
platforms, including PCs, MACs, and workstations such as Sun, Silicon Graphics,
and Hewlett Packard. 6 Deloitte & Touche, one of the nation's leading professional
services firms, provides accounting and auditing, tax, and management consulting
services through 23,000 people in offices in more than 100 U. S. Cities. Deloitte &
Touche is part of Deloitte & Touche Tohmatsu, a global leader in professional
services with more than 72,000 people in more than 125 countries. 6 "Except for
the historical information contained herein, this news release contains forward
looking statements that involve risks and uncertainties, including timely
development, acceptance and pricing of new products, successful signing and
retention of system integrators and OEM partners and their performance in the
marketplace, and general economic conditions as they affect the Company's
customers, as well as the other risks detailed from time to time in the Company's
CONTACT: Image Systems Corporation, Minneapolis
Diana Scheff, 612/935-1171
www.imagesystemscorp.com
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