Virtual Radiologic Named to Deloitte's 2009 Technology Fast 500

October 20, 2009 4:30 PM EDT

Leading Teleradiology Services Provider Attributes Five-Year Revenue Growth of 726% to its Technology-Enabled Services Model and Focus on Quality Patient Care

MINNEAPOLIS--(BUSINESS WIRE)-- Virtual Radiologic Corporation (NASDAQ: VRAD), a leading global provider of teleradiology services and technology solutions, today announced that it ranked 187 on Technology Fast 500(TM), Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008.

"It's an honor to be recognized among the top growth companies in North America," said Rob Kill, Virtual Radiologic's CEO. "Our 726% revenue growth over the past five years underscores the strength of our proprietary technology platform and our unwavering commitment to providing the highest quality patient care and service excellence." Kill credits the company's success to the dedication of its affiliated radiologists and the team members who support them and Virtual Radiologic's clients.

Technology Fast 500(TM) Selection and Qualifying Criteria

Technology Fast 500(TM) provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500(TM) website, and public company database research conducted by Deloitte LLP. Technology Fast 500(TM) award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008. In order to be eligible for Technology Fast 500(TM) recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement.

Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500(TM) award eligibility requirements include a 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, these revenues must have more than doubled between 2004 and 2008. Also, companies must be in business for a minimum of five years, and be headquartered within North America.

About Virtual Radiologic

Virtual Radiologic Corporation (http://www.virtualrad.com) provides teleradiology solutions to radiology practices and medical centers throughout the United States and internationally. Utilizing market-leading, proprietary workflow technology, Virtual Radiologic's affiliated radiologists perform over 2.5 million preliminary and final read interpretations annually for emergent and non-emergent needs day or night, 365 days a year. Virtual Radiologic's American Board of Radiology-certified radiologists are collectively licensed in all 50 states. Virtual Radiologic is Joint Commission-certified and serves 641 clients supporting 1,085 medical facilities. Virtual Radiologic was ranked top teleradiology services provider by KLAS, a leading independent research firm focused on the health care industry, in its 2008 Top 20 Best in KLAS Awards: Software & Professional Service.*

* KLAS Enterprises, LLC. | www.KLASresearch.com | (C)2008 KLAS Enterprises, LLC. All rights reserved

    Source: Virtual Radiologic Corporation

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