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Insulet Corporation Named Second Fastest-Growing Public Company in Massachusetts
The Boston Business Journal Recognizes Maker of OmniPod(R) Insulin Management System
| Source: Insulet Corporation
BEDFORD, MA--(Marketwire - September 30, 2009) - Insulet Corporation (NASDAQ : PODD ), the leader
in tubing-free insulin pump technology with its OmniPod® Insulin
Management System, today announced it has been recognized by The Boston
Business Journal as one of the fastest-growing public companies in
Massachusetts. The rankings were published in the September 18-24, 2009
edition of The Boston Business Journal.
"We are proud to be recognized by The Boston Business Journal as
Massachusetts' second fastest-growing public company," said Duane DeSisto,
President and Chief Executive Officer at Insulet. "Insulet's impressive
growth over the last few years demonstrates the tremendous appeal of the
easy-to-use OmniPod System. We remain focused on expanding the market
opportunities for our innovative product, while advancing our mission to
improve the lives of people living with diabetes."
The Boston Business Journal's rankings of the fastest-growing public
companies were based on revenue growth from 2006 through 2008. During this
period, Insulet experienced 884% in revenue growth. Additionally, Insulet
was ranked as the company with the third largest one-year increase in
revenue.
About the OmniPod Insulin Management System
The OmniPod Insulin Management System is the world's only tubing-free
insulin pump. OmniPod offers people living with insulin-requiring diabetes
all the benefits of insulin pump therapy, with unprecedented freedom,
comfort and ease. OmniPod has just two components: the small, discreet,
watertight Pod, worn almost anywhere on the body to hold and deliver
insulin; and the PDM (Personal Diabetes Manager), a hand-held device that
communicates wirelessly to program the Pod, calculates suggested doses and
has a built-in FreeStyle® blood glucose meter.
For more information on OmniPod, visit www.myomnipod.com.
About Insulet Corporation
Insulet Corporation is an innovative medical device company dedicated to
improving the lives of people with diabetes. The Company's OmniPod Insulin
Management System is a revolutionary, discreet and easy-to-use insulin
infusion system that features two easy-to-use parts with no tubing and
fully-automated cannula insertion. Through the OmniPod System, Insulet
seeks to expand the use of insulin pump therapy among people with
insulin-dependent diabetes. Founded in 2000, Insulet is based in Bedford,
MA.