Halfpenny Technologies Again Named One of North America’s Fastest Growing Companies on Deloitte’s 2014 Technology Fast 500 List

Company Attributes Growth to the Value of Real-Time Clinical Data Exchange in Impacting Patient Care

BLUE BELL, Pa.--()--Halfpenny Technologies, a leading provider of clinical data exchange solutions, today announced being included Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

“We are excited to be named to the Deloitte Technology Fast 500 for the second straight year,” Tim Kowalski, president & CEO said. “We are uniquely positioned as a national provider of digital health technology, providing data interoperabilty to health plans, pharmacies, hospitals, clinics, accountable care organizations, pharmaceuticals and labs. This award further illustrates our position as a leader in the healthcare technology space.”

“The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015.”

“For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies’ DNA,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “We’re glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas.”

Overall, 2014 Technology Fast 500 companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.

About Deloitte’s 2014 Technology Fast 500

Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.

In order to be eligible for Technology Fast 500 recognition, 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. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.

About Halfpenny Technologies

Halfpenny Technologies Inc. provides clinical labs, hospitals, accountable care organizations (ACOs), health plans, health information exchanges (HIEs) and EHR vendors with a cloud based, secure, scalable, vendor-neutral clinical data exchange platform designed to optimize patient care coordination while reducing waste. We have a long-standing, proven track record of providing advanced features, rapid implementation, reliable technology infrastructure and LOINC mapping that enables laboratories and hospitals to win new accounts and improve service to existing clients. www.halfpenny.com

Contacts

Halfpenny Technologies
Barbara Conrad, 610-277-9100
BConrad@halfpenny.com

Contacts

Halfpenny Technologies
Barbara Conrad, 610-277-9100
BConrad@halfpenny.com