Summit Medical Group Honored Among NJ's Fifty Fastest Growing Companies
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Berkeley Heights, New Jersey (November 20, 2009) - Summit Medical Group is proud to announce that it is one of New Jersey's Fifty Fastest Growing Companies by NJBIZ, New Jersey’s leading statewide business newspaper. NJBiz announced and honored the top fifty businesses that have made significant contributions to the growth, strength and success of New Jersey during the New Jersey’s Fifty Fastest Growing Companies award ceremony held at The Palace in Somerset Park on Monday, November 16, 2009. This is the second year that Summit Medical Group has been named to the list of honorees.
To be eligible for nomination, companies needed to show revenue of at least $500,000 in each of the fiscal years ending 2005, 2006, 2007 and 2008 and show revenue growth in 2008, as compared to 2005 (a four year period). Eligible companies were to be for-profit entities headquartered in New Jersey.
Presenting sponsor, Rothstein Kass, calculated the nominations and then ranked the companies according to revenue growth over the four-year period of 2005-2008. Both dollar and percentage increases were taken into consideration. This formula led to recognition of the 2009 New Jersey’s Fifty Fastest Growing Companies consisting of both large and small companies.
The New Jersey’s Finest Fifty Fastest Growing Companies event is a program of NJBIZ and is presented by Rothstein Kass. Major sponsors of this event are Lowenstein Sandler PC, PNC Bank, Extensis and CIGNA.
