RICHARDSON, Texas, Oct 10, 2011 (GlobeNewswire via COMTEX) -- Inc. magazine ranked OraMetrix #2,003 overall and #163 in the health sector, on its 29th annual Inc. 500/5000 list, an exclusive ranking of the nation's fastest-growing private companies. OraMetrix, maker of SureSmile orthodontic technology , a digital and robotic system for orthodontic treatment, had 127% sales growth, 2007-2010, with annual revenue of $22.1 million in 2010.
The list represents the most comprehensive look at the most important segment of the economy--America's independent-minded entrepreneurs.
The companies on this year's list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Jane Berentson.
"We are thrilled to be included with so many great innovators and successful entrepreneurial ventures", said Charles Abraham, President & CEO, OraMetrix. "It has been our goal for our partner orthodontists to achieve optimal patient care using the SureSmile orthodontic treatment and I believe our growth is evidence of their continued success towards that goal".
OraMetrix is the leading industry provider of innovative 3-D technology solutions for improving the quality and efficiency of orthodontic care. OraMetrix's proprietary software technology, the SureSmile system, integrates the use of precision digital tools throughout all phases of the orthodontic treatment process - diagnosis, treatment planning and monitoring, and archwire customization. For orthodontists, SureSmile offers more precision, efficiency and control, while patients experience shorter treatment times, less overall discomfort and fewer office visits.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
Established in 1998, OraMetrix ( http://www.orametrix.com ) developed the SureSmile system ( http://www.suresmile.com ), a revolutionary new digital technology that equips orthodontists with a powerful diagnostic, treatment and monitoring tool to deliver the most precise, customized orthodontic care available. SureSmile has been shown to reduce treatment time by an average 30%, based on a February 2011 comparison of more than 40,000 patients. Since 2004, SureSmile has been used on 100,000 patients by over 400 orthodontists in the United States, Australia and Canada. OraMetrix headquarters are located in Richardson, Texas.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. ( http://www.inc.com ) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com .
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