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The PCI, published by Entrex, Inc. (http://www.entrex.net), is aproprietary benchmarking tool that measures revenue growth and activity in the$1-100 million private company sector. Recognized by investment professionalsas an authoritative source on private company performance, the PCI allows forobjective business activity measurement, historical analysis, comparison, andpredictive forecasting.
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Each quarter PCI analysts review sales data for its portfolio companiesand identify those that represent the greatest quarter-on-quarter growth(current quarter versus the same quarter in the previous year). The sixhonorees for Q4 2007 experienced an overall average revenue growth of 56.9%over their Q4 2006 performance. Coming in fifth on the list, Rising increasedits quarter-on-quarter revenue by 42.9%.
Says Entrex CEO, Stephen H. Watkins, "The Private Company Index closed theyear at a high point, despite a myriad of economic indicators and marketsuspicions pointing towards a recession. This is a refreshing bit of newsconsidering the warnings for many sectors that we hear coming from WallStreet." He continues, "A mature company can plan for cyclical revenuefluctuations without negative effect to the annual bottom line."
Rising CEO Jason Beans comments, "Rising is experiencing tremendous growthwhich is a reflection of our value proposition to the market and our emphasison exceptional customer service. Having recently been included in the PCIportfolio, it is a great achievement to be honored with such a diverse andimpressive group of companies and we are thrilled to learn that Rising isperforming well among our private sector peers."
About Rising Medical Solutions, Inc.
Headquartered in Chicago, Illinois, Rising (http://www.risingms.com) is aleading medical-financial solutions organization that services the auto,workers' compensation and liability markets. Through its comprehensive medicalcost containment and care management programs, Rising provides compellingbusiness outcomes to clients nationwide, including insurance carriers,self-insured employers, government organizations, third party administrators,and attorneys.
Media Contact
For more information, contact Rachel Racz at [email protected] /877-747-4644, x5893.
SOURCE Rising Medical Solutions, Inc.
