OCTAGON RESEARCH SOLUTIONS, INC., ANNOUNCED AS PART OF THE PHILADELPHIA 100® LIST OF FASTEST GROWING COMPANIES
Wayne, PA. -September 6, 2006 – Chairman and CEO, Jim Walker of Octagon Research Solutions, Inc., a pioneer and leader in the electronic transformation of clinical R&D in the life sciences industry, today announced that the company is ranked as one of the 2006 top 100 fastest-growing, privately-held businesses in the Philadelphia region by the Philadelphia 100®, a joint project of the Wharton Small Business Development Center, the Entrepreneurs’ Forum of Greater Philadelphia, and the Philadelphia Business Journal.
Philadelphia 100® rankings are based on verifiable revenue growth. During the 18-year history, the program has been carefully managed to insure its fairness and integrity. As a result, ranking as a Philadelphia 100 company is highly competitive.
"Octagon realized outstanding operational, financial and employee growth results during the past year. I believe the Philadelphia 100 honor recognizes we have an exceptional team in place here and we are all working to be the best at what we do.” stated Mr. Walker. “Our ViewPoint® enterprise submission process management solution continues to be an important market differentiator, and all our lines of business are performing very well. Looking ahead, we are well positioned to continue capitalizing on standards and technology trends in our industry, and the expansion of our company.”
Mr. Walker will be in attendance at the 2006 Philadelphia 100 Awards Dinner and Ceremony, to be held on Tuesday October 24, 2006 at the Sheraton Hotel (formerly the Wyndham) in Center City. Octagon Research Solutions, Inc. will be listed among the fastest growing, privately held businesses in the October 27th issue of the Philadelphia Business Journal as well as on the Philadelphia 100 and Wharton Small Business Development Center websites.
Octagon has had quite an impressive summer thus far. In June, Octagon Research Solutions, Inc., was named ‘2006 Most Innovative Company’ by the American Business Awards and in early July, Octagon unveiled a new suite of products, which included ViewPoint® 3.6, StartingPoint® 2.0, and eCTD JumpStart™. Early August had Octagon executing an agreement with one of the world’s largest pharmaceutical company’s, to begin using ViewPoint and just last week, Octagon completed a $10 million third round of funding led by Edison Venture Fund, Zurich Financial and Ticonderoga Capital.
Octagon Research Solutions, Inc., has the experience of over 180 electronic submissions. With pan-European access to submission strategy, Octagon boasts the largest cross-functional team of submission professionals in the industry with the most in-depth knowledge and practical experience in electronic submissions. Octagon is also the Preferred CDISC Trainer, CDISC Registered Solution Provider and CDISC Corporate Sponsor.
About Octagon Research Solutions, Inc.
Octagon is a pioneer and leading process-centric solutions provider that offers a suite of regulatory, clinical, process and IT solutions to the life sciences industry. Octagon synchronizes processes and increases automation to reduce island-to-island inefficiencies within the clinical research and development process. We leverage the power of electronic submissions through cross-functional eSub expertise, a holistic process approach, deep domain knowledge and integrated solutions. Octagon is headquartered in Wayne, PA, with offices in Boston, MA, Costa Mesa, CA, and European headquarters in Amersham, UK. For more information please visit www.octagonresearch.com.
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