Monday, October 24, 2011

4 N.C. Companies on Deloitte Technology Fast 500

Four companies from North Carolina have found a place in this year's Deloitte Technology Fast 500, an annual ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Tranzyme Inc.,
a biotechnology firm based in Durham, was ranked 54th, the highest among the four companies. It reported a growth of 2,239 percent over the previous five years.

The Technology Fast 500 companies - both privately held and public - were selected on the basis of their growth rates over the five-year period 2006-10.

Read the list below under ranking, name, industry, 5-year revenue growth rate, headquarters and CEO:

Tranzyme Inc., Biotechnology/pharmaceutical, 2,239%, Durham, Vipin K. Garg
83. iContact, Internet 1,281% Morrisville, Ryan Allis
204. Cornerstone Therapeutics Inc., Biotechnology/pharmaceutical, 467%, Cary, Craig A. Collard
376. Targacept Inc., Biotechnology/pharmaceutical, 211%, Winston-Salem, J. Donald deBethizy

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