Edifecs Named One of Washington's 100 Fastest-Growing Private Companies in 2010 by the Puget Sound Business Journal

BELLEVUE, Wash., Oct. 18 /PRNewswire/ -- Edifecs, Inc., a leading provider of healthcare software solutions, announced today that the company has once again been named one of  Washington's 100 fastest-growing private companies by the Puget Sound Business Journal, securing 30th position. This marks Edifecs' third consecutive year to receive this regional award, with a jump in rank year over year.  The winning companies were officially announced and honored on Wednesday, October 13 at a public awards event that drew close to 500 people to the Meydenbauer Center in Bellevue.

"Many people recognize Washington State as a leader in developing some of the nation's largest and fastest growing companies," said Sunny Singh, Edifecs president and CEO. "To be recognized as a top contender in such a strong, competitive landscape is a special achievement for us."

The Business Journal's list recognizes the significant accomplishments of the 100 fastest growing privately-owned businesses in Washington State, based on net revenue growth over the last three years. To be considered, a company must be privately held, headquartered in the state of Washington and submit its revenue figures for 2007, 2008 and 2009. Puget Sound Business Journal conducted research and verified each company's net revenues and the top 100 companies with the highest percentage revenue growth year-over-year were named to the list. During this period, Edifecs experienced a revenue growth rate of nearly 90%.

"The companies that make this list are, by definition, among the most dynamic in our region," said Business Journal Publisher Emory Thomas Jr. "Especially this year, they have beaten the odds imposed by the Great Recession, making membership on this elite list all the more impressive. These companies are showing all of us what qualities it takes to grow in challenging times."

About Edifecs, Inc.

An industry leader since 1996, Edifecs provides software solutions for healthcare organizations and supply chain industries that simplify the exchange of information across enterprises while automating core business processes.  Edifecs has more than 1,600 customers that include healthcare organizations as well as enterprise businesses in other verticals, including manufacturing, online financial services and retail.

Edifecs is recognized as one of the 100 Fastest Growing Private Companies in the state of Washington, one of the 100 Best Places to Work for in the state of Washington, and an Inc5000 fastest-growing private companies in the US. Edifecs is headquartered in Bellevue, WA. For more information, please visit www.edifecs.com

SOURCE Edifecs, Inc.