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Portico Systems Ranked Number 21 on the Deloitte Greater Philadelphia Fast 50

Fri. October 23, 2009; Posted: 12:14 PM
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PHILADELPHIA, Oct 23, 2009 (BUSINESS WIRE) -- SFE | Quote | Chart | News | PowerRating -- Portico Systems, the leader in Integrated Provider Management (IPM) solutions, announced today that it has been ranked number 21 on the 2009 Greater Philadelphia Fast 50, Deloitte's list of 50 of the fastest growing technology, life sciences and cleantech companies in the Greater Philadelphia Region. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004--2008. Portico previously ranked 23 as a Greater Philadelphia Fast 50 award winner in 2008.

Portico Systems has also been ranked number 431 on the Technology Fast 500(TM), which ranks the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The company previously ranked 473 as a Technology Fast 500(TM) award winner for 2008.

"Technology Fast 500(TM) recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Portico Systems on this accomplishment."

"With its impressive five-year growth, Portico Systems has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor Portico Systems for its achievement."

"Our growth is being driven by increasing Integrated Provider Management solution investment by health plans looking to address industry changes in access, quality and payment reform," stated Ned Moore CEO, Co-Founder and Chairman, Portico Systems. "We're honored to be recognized by the Technology Fast 500(TM)."

Portico Systems' IPM solutions helps health plans reduce medical, administrative and IT costs and improve provider relationships.

About Portico Systems

Portico Systems' innovative solutions enable health plans to reduce administrative, medical and IT costs. Portico's exclusive focus on provider operations and 500+ staff-years of provider experience has allowed Portico to design the only modular end-to-end provider platform. Portico invites you to explore our website (www.porticosys.com) to learn how our commitment to customer service, quality and technology innovation can accelerate the evolution of your health plan's provider operations. Portico Systems is a partner company of Safeguard Scientifics, Inc. (NYSE:SFE) www.safeguard.com.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

SOURCE: Portico Systems

Media Contact for Portico Systems: 
Corporate Ink 
George Robertson 
617-969-9192 
grobertson@corporateink.com 
or 
Corporate Contact: 
Portico Systems 
Allison Lattanze 
Director of Marketing 
215-358-3726 
alattanze@porticosys.com 
or 
Business Development Contact: 
Portico Systems 
Christopher Jones 
Director of Business Development 
215-358-3723 
cjones@porticosys.com
For full details on Safeguard Scientific Inc (SFE) click here. Safeguard Scientific Inc (SFE) has Short Term PowerRatings of 9. Details on Safeguard Scientific Inc (SFE) Short Term PowerRatings is available at This Link.

    


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