SOURCE: CodeCorrect

October 19, 2005 13:18 ET

CodeCorrect Ranked 52nd Fastest Growing Technology Company in North America on the 2005 Deloitte Technology Fast 500

YAKIMA, WA -- (MARKET WIRE) -- October 19, 2005 -- CodeCorrect, Inc. today announced that it ranked number 52 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. The list includes both public and privately held companies and rankings are based on percentage of revenue growth over five years, from 2000-2004, during which CodeCorrect grew 4954% percent. In addition to ranking on Deloitte's Technology Fast 500, CodeCorrect was named 4th on Deloitte's 2005 Washington Technology Fast 50, which ranks the 50 fastest growing technology firms in Washington State.

Kerry Martin, CEO of CodeCorrect, credits his loyal client base and group of dedicated, client-focused employees with the company's tremendous revenue growth over the past five years. "This is an exceptional accomplishment for CodeCorrect," Martin stated, "however, it would not have been possible without the support and dedication of our clients and the commitment and professionalism of our employees."

"Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company's product and its leadership," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "CodeCorrect has shown the right stuff for growth."

The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.

Entrants must be headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About CodeCorrect

CodeCorrect is dedicated to protecting the healthcare system by simplifying information and improving communication through the integration of products, knowledge and technology. With online, one-stop coding and compliance solutions, CodeCorrect gives healthcare organizations the tools and information they need to achieve and maintain fiscal health. CodeCorrect solutions have been peer reviewed by the Healthcare Financial Management Association and are trusted and used in over five hundred hospitals and by thousands of physicians nationwide. For more information on CodeCorrect, visit www.codecorrect.com or call 877-937-3600.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

CodeCorrect, Inc.
2803 River Road
Yakima, WA 98902
877.937.3600
www.codecorrect.com

Contact Information

  • CodeCorrect Contact:
    Darrin C. Lee
    Director of Product Marketing
    720.524.9257
    Email Contact