SOURCE: Medical Nutrition USA, Inc.

December 06, 2007 09:00 ET

Medical Nutrition USA Named One of New Jersey's Top Fifty Fastest Growing Companies

ENGLEWOOD, NJ--(Marketwire - December 6, 2007) - Medical Nutrition USA, Inc. (NASDAQ: MDNU) today announced that it has been named one of New Jersey's 2007 Top Fifty Fastest Growing Companies, ranking 32nd. During the award dinner held on December 5th at The Palace at Somerset Park, NJBIZ, the state's leading statewide business newspaper, honored all of the 50 winning companies.

Presenting sponsor, PricewaterhouseCoopers, calculated the nominations and then ranked the companies according to revenue growth over the three-year period of 2004-2006. Both dollar and percentage increases were taken into consideration. This ranking formula led to recognition of the 2007 New Jersey's Finest, consisting of both large and small companies.

In addition to the awards ceremony on December 5, the Top Fifty Fastest Growing Companies are profiled in a special supplement to the December 10 issue of NJBIZ. The complete list of honorees is published in ranked order, along with information on each company's financial growth.

The New Jersey's Finest event is a program of NJBIZ and is presented by PricewaterhouseCoopers. PNC Bank and Lowenstein Sandler are major sponsors of the event.

Alan Levy, Medical Nutrition's Vice President of Finance and CFO, who accepted the award last evening, noted, "We are very proud to be among New Jersey's fifty fastest growing companies. This award reflects the combined efforts, talent and dedication of our employees, who deserve to be recognized for this accomplishment."

About Medical Nutrition USA

Medical Nutrition USA develops and distributes products for the nutritionally at risk who are under medical supervision. Its products are used primarily in long-term care facilities, hospitals, dialysis clinics and bariatric clinics. The Company's product lines include Pro-Stat®, Fiber-Stat®, as well as private label products. Additional information is available at www.mdnu.com.

Contact Information

  • Contacts:
    Medical Nutrition USA, Inc.
    Alan Levy
    Vice President/Finance
    Chief Financial Officer
    800-221-0308
    Email Contact

    Investor Relations Counsel
    The Equity Group Inc.
    Linda Latman
    212-836-9609
    Lena Cati
    212-836-9611
    Email Contact
    www.theequitygroup.com