Integrated Health and Human Services Management Provider Recognized as One of the Fastest Growing Companies in North America with 258 Percent Revenue Growth
RESTON, VA – October 19, 2011 – Harmony Information Systems Inc., the leader in integrated health and human services management, announced today that it placed 326 on the 2011 Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America on their percentage revenue growth over a five-year period. During this period, Harmony grew 258 percent.
“Over the last five years, the increase in the population of seniors and disabled adults combined with the shortage of available of resources has changed the way the country approaches long-term care,” said Joseph Sander, President and Chief Executive Officer for Harmony. “This recognition from the Deloitte Technology Fast 500 is indicative of Harmony’s growth and the demand for technology solutions that improve the quality and availability of home- and community-based long-term care for our nation’s elderly and vulnerable adults.”
Overall, 2011 Technology Fast 500™ companies achieved revenue growth ranging from 134 percent to 70,211 percent from 2006 to 2010, with an average growth of 1,736 percent. The ranking, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, ranks both public and private in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
“We are pleased to honor Harmony Information Systems as a 2011 Technology Fast 500 company,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest growing tech companies in North America, Harmony has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
In order to be eligible, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. In addition, companies must be in business for a minimum of five years, and be headquartered within North America.
About Harmony Information Systems, Inc.
Harmony Information Systems Inc., (Harmony), the leader in integrated health and human services management, provides off-the-shelf solutions for managing the delivery of home- and community-based, long-term care. The company’s proven, end-to-end solutions automate the delivery of care to seniors and disabled consumers ensuring that a larger percentage of care recipients can receive care in the community by increasing service delivery efficiency, ensuring compliance with funding source requirements, and enabling consumer-driven delivery models. Harmony’s software-as-a-service-based solutions are used by more than 900 state, local and private provider human services organizations. For more information on Harmony products and solutions, visit www.harmonyis.com or call us at 866.951.2219.