Minneapolis, MN (PRWEB) November 11, 2008
http://www.testedandproven.com/ -- DDL, leader in medical device package and product testing, rose to number 27, up 15 spots from last year's rankings in this year's Minneapolis/St.Paul Business Journal's Fast 50.
DDL, along with 49 other privately held Twin Cities companies, gathered on the 50th floor of the IDS Tower and awaited the announcement of Minneapolis/St.Paul Business Journal's Fast 50. DDL was ranked number 27, their highest ranking in the three years that they've participated.
"Our position in this year's Fast 50 is a true testament to the quality of our services, particularly in medical device package testing," said Patrick Nolan, COO of DDL. "This, along with our commitment to providing the highest level of technical expertise has ensured we maintain positive relationships with our clients." DDL placed 50th in 2005, their first year having participated. They took home the 42nd spot in 2006 and jumped 15 places to take the 27th spot this year.
DDL was successfully run by about 20 employees from its beginning in 1990 until 2003. Since 2003 DDL has more than doubled its employees and its revenue with a 226 percent growth in the last five years.
"Over the past five years, DDL has consistently proven itself to be an expanding and profitable company," said John Hart, CEO of DDL. "We consider our success to be a direct result of our client retention, aggressive marketing efforts and the improved quality in our processes as a result of our ISO 90001 registration in 2003."
The Fast 50 rankings were based on the percentage of growth in revenues in the three-year period from 2005-2007. Companies had to be privately held and based in the 11-county Twin Cities metro area. Firms were required to have $1 million in revenue in the first year and progressive growth in the following two years.
All applications were then reviewed and audited by Virchow Krause & Company in Minneapolis for verification.
"DDL is honored to haven been acknowledged as one of the Twin Cities most prosperous companies and we would like to congratulate all candidates," Nolan said. "We only hope that our success and the success of others continue in the upcoming years."
DDL is a third party testing provider specialist in medical device package, product and material testing. Our three full-service labs include a large array of services, including shock testing, vibration testing, tensile testing, leak testing and validation services. DDL also recently implemented a package design, development and prototyping department. DDL take pride in their excellent customer service, qualified technicians and short turn around time. DDL maintains full service testing labs in Minnesota, Southern California and New Jersey. (http://www.testedandproven.com)