Bio-Reference Laboratories, Inc. Awarded Spot on Fortune SB 'America's Fastest-Growing Small Public Companies' List.Business Editors ELMWOOD PARK Elmwood Park, village (1990 pop. 23,206), Cook co., NE Ill., a suburb of Chicago; inc. 1914. It is chiefly residential. , N.J.--(BUSINESS WIRE)--July 1, 2003 Bio-Reference Laboratories, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BRLI BRLI Bio Rad Laboratories Inc ) has been named one of "America's 100 Fastest Growing Small Public Companies" by Fortune Small Business Magazine's third annual ranking. The rankings were based on the past three years earnings and revenue growth and overall stock performance of all U.S. companies that were trading on a major exchange and had under $200 million in annual revenue. The list highlights companies that are continuing to thrive in a down market. Bio-Reference Laboratories, Inc. is ranked 37th overall amongst the one hundred companies chosen. Marc D. Grodman, President and Chief Executive Officer commented, "We are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that we have been recognized by Fortune Magazine. We have worked extremely hard to create and execute upon a strategy that would enable us to achieve our potential. On the other hand, we are not satisfied with our current growth, our current value, or our current status as a small public company. We intend to continue to leverage our momentum and our assets in order to maximize the value of Bio-Reference Laboratories in the public markets and for our shareholders." About Bio-Reference Laboratories, Inc. The Company is the largest independent regional clinical laboratory in the Northeast and has major market positions in physician offices, nursing homes and correctional institutions Noun 1. correctional institution - a penal institution maintained by the government detention camp, detention home, detention house, house of detention - an institution where juvenile offenders can be held temporarily (usually under the supervision of a juvenile . The Company is a full service clinical laboratory with specialty capability, especially in the areas of genomics, oncology, correctional health, and complimentary medicine. PSIMedica, a business unit of the Company, is a clinical knowledge management (CKM CKM Cabibbo-Kobayashi-Maskawa (quark mixing matrix) CKM Certified Knowledge Manager (trademark of Hudson Associates Consulting, Inc. ) organization offering an array of information solutions for reducing healthcare costs and improving quality performance based on a flexible, scalable software analytical engine A programmable calculator designed by British scientist Charles Babbage. After his Difference Engine failed its test in 1833, Babbage started the design of the Analytical Engine in 1834. that utilizes all available source information, including claims data, enrollment data, prescription data and laboratory data. The Company provides a comprehensive connectivity solution to physicians that includes disease management, laboratory reporting and ordering, as well as claims and eligibility processing through CareEvolve, its web-based healthcare portal. |
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