Advanced Neuromodulation Systems Named to FORTUNE's 2004 List of 100 Fastest-Growing Companies.DALLAS -- Company Recognized for Outstanding Financial Performance in Rapidly Growing Neuromodulation Market Advanced Neuromodulation Systems Advanced Neuromodulation System is a subsidiary of St. Jude Medical, Inc based in Plano, Texas. Among the products ANS makes and sells include spinal cord stimulators for intractable pain. , Inc. (ANS (ANS Communications, Inc, Purchase, NY) An ISP, Internet backbone and provider of private data network services, founded in 1990 as Advanced Network & Services, Inc., by IBM, MCI and Merit (consortium of Michigan universities). ) (Nasdaq:ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC. ) ranked 22nd on FORTUNE Magazine's 16th annual list of 100 Fastest-Growing Companies. "ANS is honored to appear on such a prestigious list. To position the company for sustained profitable growth, we have made significant investments in our people, research and development, organizational capability, and the advancement of the neuromodulation market overall," said President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Chris Chavez. "Our commitment is long-term and this recognition is truly a tribute to everyone on the ANS team as well as the growing list of physicians and patients who rely on our innovative products and services." ANS ranked second out of seven companies based in Texas. The company also placed 29th in overall revenue growth, with a 46 percent increase, and 12th in earnings per share growth, based on a three-year annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. rate. The complete list and state-by-state database of the winning companies appears in the September 6 issue of FORTUNE and at www.fortune.com. To compile the list, FORTUNE asked Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. to find U.S. companies with a minimum market cap of $50 million, at least $50 million in revenues over the past four quarters and at least 20 percent annual growth in sales and earnings over the past three years. FORTUNE then factored in total stock market return to create the final list. About Advanced Neuromodulation Systems (ANS) Advanced Neuromodulation Systems, Inc (Nasdaq:ANSI) designs, develops, manufactures and markets implantable systems used to manage chronic intractable pain intractable pain Refractory pain Pain medicine Persistent pain which does not respond to at least 3 dosease of parenteral analgesics given over a 12-24 hr period; pain that does not respond to appropriate doses of opioid analgesics. and other disorders of the central nervous system. A technology leader in the neuromodulation industry, ANS offers a family of proprietary neurostimulation devices and implantable drug pumps for an expanding range of therapeutic applications. ANS was recently named among FORTUNE's 100 Fastest Growing Companies and has been recognized among Forbes' 200 Best Small Companies for two consecutive years. Frost & Sullivan also recently honored the company with its Product Innovation Award. Additional information is available at www.ans-medical.com. |
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