Talyst named to Deloitte’s Fast 50 in Washington State!

Bellevue, Wash., Sept. 26, 2008 — Talyst has been named to Deloitte’s prestigious Technology Fast 50 program for Washington State, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area. Rankings are based on the percentage revenue growth over five years from 2003-07.
Talyst's CEO Carla Corkern credits the company’s revenue growth to the need for solutions to help healthcare organizations distribute medications more safely and efficiently. Corkern said, “Hospitals, extended-care facilities and correctional facilities are searching for solutions to improve medication safety. We help them most by enabling labor efficiencies and waste reduction to help pay for those quality improvements.”
Talyst's increase in revenues of 5,361.6 percent from 2003 to 2007 resulted in a number two ranking in the Technology Fast 50 for Washington State. The average increase in revenues among companies that made the Technology Fast 50 for this region was 828 percent.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit fast500.com.
About Talyst:
Talyst enables the intelligent pharmacy. The company provides automated systems to hospitals and other centralized pharmacies to improve accuracy and patient safety, while reducing costs and increasing productivity. Talyst equipment and its AutoPharm® software are used to package, barcode, store and track medication inventories. The company has more than 300 hospital and integrated healthcare system customers.
For more information, see the Talyst website, or call 877-4-Talyst (877-482-5978).
Each of the past three years, the company has ranked among the fastest growing companies in Washington State. It was also honored by Fast Company magazine’s “Fast 50 Reader Favorites” list, honoring innovative, progressive enterprises.
Talyst, AutoPharm and Engineering the Intelligent Pharmacy are trademarks of Talyst Inc. Other trade names are the property of their respective owners.
About Deloitte As used in this document, “Deloitte” means Deloitte LLP and Deloitte Services LP, a subsidiary of Deloitte LLP. Please see the Deloitte website for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

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