Talyst ranks in fastest-growing private companies 4 years running 10/28/08

Bellevue, Wash., Oct. 28, 2008 — For the fourth consecutive year, Talyst has been named to the Puget Sound Business Journal’s “Washington 100 Fastest Growing Private Companies” list.

The company ranked six on the list, up from 10 last year. The latest ranking reflects 363.8 percent revenue growth from 2005 to 2007.

Talyst produces innovative pharmacy systems that enhance efficiency and patient safety. In acute-care environments, the company’s AutoPharm® software platform and AutoPack®, AutoLabel™ and AutoCarousel™ equipment work together to distribute and track medication inventory. In long-term care and correctional systems, Talyst InSite™ systems provide efficiencies and safety advantages of remote dispensing.

“We are honored at this repeat ranking, and we quickly share credit for it with our forward-looking customers, partners and employees.” said Carla Corkern, chief executive officer. “More than ever, health care facilities need the safety, value and efficiency advantages we are delivering.”

In other fast-growth honors, Talyst this year was named for the second time to the Inc. magazine “Inc. 500” list of fastest-growing U.S. private companies. Last month, the company was ranked number two on the Deloitte “Fast 50” Technology Companies in Washington state.

About Talyst
Talyst enables the intelligent pharmacy. The company provides automated systems to hospitals, long-term care and correctional systems, to improve accuracy and patient safety, while reducing costs and increasing productivity. Talyst equipment and 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 Talyst.com or call 877-4-Talyst (877-482-5978).

Talyst, InSite and Engineering the Intelligent Pharmacy are trademarks of Talyst Inc. Other trade names are the property of their respective owners.

Talyst launches InSite™ for Corrections - 10/20/2008

Bellevue, Wash., Oct. 20, 2008 — Talyst, a leader in pharmacy automation systems, today announced the availability of its InSite™ for Corrections system, the first pharmacy automation solution designed for use in correctional facilities.
The company made the announcement at the National Conference on Correctional Health Care, underway this week at the Hyatt Regency Hotel in Chicago.

The first installation of the InSiteRx for Corrections system is operating in San Bernardino County, Calif., and will deliver an estimated 3.6 million oral medication doses per year. The system enables all prescriptions for nearly 6,000 inmates in custody to be prescribed, approved, dispensed and documented in a fraction of the time previously required, and with a higher level of quality assurance.
A comprehensive solution InSiteRx for Corrections brings efficiency and greater control to medication storage, access and delivery processes in correctional facilities. Its components and capabilities include:
• Accurate order entry – InSiteRx Provider Order Entry is designed to dramatically reduce transcription errors that lead to patient-safety risks.
• Integrated patient information – InSiteRx Pharmacy Information System automates the pharmacy operations to maximize efficiency and ensure patient safety.
• Automated dispensing – The InSiteRx Remote Dispensing System provides on-site, on-demand automation for preparing patient-specific oral medication doses.
• Secure medication storage and delivery – InSiteRx Secure Medication Cabinets automate the preparation of non-oral medications, such as ointments, drops and creams.

Remote dispensing advantages “This system addresses the concerns of corrections healthcare managers, by leveraging our market leadership and lessons learned in hundreds of hospital installations,” explains Carla Corkern, chief executive officer, Talyst. “In fact, InSiteRx for Corrections extends our service to hospitals, because many of them provide pharmacy services to jails.
“Our remote-dispensing approach brings efficiency, patient safety and cost control,” she notes, “by linking medication administration to jail and health care databases.”
“This is also relevant to the nationwide nursing shortage,” Corkern says. “At a point when it is so difficult to hire nurses, particularly those with corrections experience, InSiteRx can stretch resources and make the day-to-day nursing job in corrections more patient-centric and appealing.”
About Talyst
Talyst enables the intelligent pharmacy. The company provides automated systems to hospitals, long-term care and correctional systems, to improve accuracy and patient safety, while reducing costs and increasing productivity. Talyst equipment and 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).

For the last two years, Talyst has ranked in the “Inc. 500” national list of fastest-growing private companies. Last month, the company was ranked number two on the Deloitte “Fast 50” Technology Companies in Washington State. Talyst was also honored by Fast Company magazine’s “Fast 50 Reader Favorites” list, honoring innovative, progressive enterprises.
Talyst, InSiteRx and Engineering the Intelligent Pharmacy are trademarks of Talyst Inc. Other trade names are the property of their respective owners.


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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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