Portland, Ore, Aug. 23, 2011 (GLOBE NEWSWIRE) -- SAM Medical Products was included in the Inc. 5000 annual rankings of the fastest-growing private companies in America for 2011. The company was ranked 4216 out of 5000 and this is the fifth year in a row for achieving this honor.
The Inc. 5000 recognizes the importance of growing entrepreneurial companies that are changing the business landscape. The awards ceremony and conference is in Washington, D.C. next month.
How the Inc. 5000 is Chosen
The Inc. 5000 is ranked according to percentage revenue growth from 2007 through 2010. To qualify, companies have to be U.S.-based, privately held, for profit, independent, and generating revenue for the four full calendar years. During this four year period, total revenues for SAM Medical Products grew 25.57%.
Future Growth Prospects
SAM Medical Products has maintained its growth through the current economy with the continuous launch of innovative new products and strong international expansion. Dr. Sam Scheinberg, CEO and founder of SAM Medical Products, attributes the success to the company’s mission to develop and manufacture emergency medical products that are improvements to current technologies. "Our continuous launch of new products over the past decade along with international demand in over 60 countries has allowed us to compete and grow."
About SAM Medical Products
SAM Medical Products is a privately held developer and manufacturer of innovative medical products for emergency, military, and hospital care. Products include the widely used SAM Splint, SAM Pelvic Sling II, SAM Chest Seal, Soft Shell Splint, CELOX line of hemostatic agents, BursaMed line of shear and friction relieving dressings, and Blist-O-Ban blister prevention bandages. For more than 25 years, SAM Medical Products has represented innovation and quality to the medical professional. More information can be found at: www.sammedical.com.