Richardson, TX (PRWEB) September 12, 2012
Inc. magazine ranked OraMetrix #4318 overall and #334 the health sector, on its 30th annual Inc. 500/5000 list, an exclusive ranking of the nation’s fastest-growing private companies. OraMetrix, maker of SureSmile orthodontic technology , a digital and robotic system for orthodontic treatment, had 27% sales growth, 2008-2011, with annual revenue of $21.2 million in 2011.
The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Eric Schurenberg, Inc.magazine editor.
“We are thrilled to be included with so many great innovators and successful entrepreneurial ventures”, said Charles Abraham, President & CEO, OraMetrix. “It has been our goal for our partner orthodontists to achieve optimal patient care using the SureSmile orthodontic treatment and I believe our growth is evidence of their continued success towards that goal”.
OraMetrix is the leading industry provider of innovative 3-D technology solutions for improving the quality and efficiency of orthodontic care. OraMetrix’s proprietary software technology, the SureSmile system, integrates the use of precision digital tools throughout all phases of the orthodontic treatment process - diagnosis, treatment planning and monitoring, and archwire customization. For orthodontists, SureSmile offers more precision, efficiency and control, while patients experience shorter treatment times, less overall discomfort and fewer office visits.
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.
Established in 1998, OraMetrix (http://www.orametrix.com) developed the SureSmile system (http://www.suresmile.com), a revolutionary new digital technology that equips orthodontists with a powerful diagnostic, treatment and monitoring tool to deliver the most precise, customized orthodontic care available. SureSmile has been shown to reduce treatment time by an average 30%, based on a February 2011 comparison of more than 40,000 patients. Since 2004, SureSmile has been used on 100,000 patients by over 400 orthodontists in the United States, Australia and Canada. OraMetrix headquarters are located in Richardson, Texas.