MTMD Microtek Medical Hldgs (MM)

Microtek Medical Holdings Ranks Number 9 Among Fortune Small Business Magazine's Fastest Growing Companies COLUMBUS, Miss., June 23 /PRNewswire-FirstCall/ -- Microtek Medical Holdings, Inc. (NASDAQ:MTMD), a leading manufacturer and distributor of specialty infection control products, announced today its inclusion in FORTUNE Small Business magazine's fourth annual ranking of the 100 fastest growing small companies in America. Microtek Medical, one of 25 healthcare-related companies included in this year's listing, ranks number 9 overall in the "FSB 100" which appears in the July/August issue of FORTUNE Small Business. "We are extremely pleased to be selected by FORTUNE Small Business," said Dan R. Lee, the Company's President and CEO. "The success of our strategic initiatives to expand our product offerings and distribution channels has enabled Microtek to be recognized as one of America's fastest growing companies in terms of revenue and earnings growth and stock price performance. We remain focused on developing and acquiring new business opportunities that will continue to provide healthcare professionals with innovative product solutions to promote the highest levels of patient care and prevention of cross infection. Our recognition in this year's FSB 100 acknowledges the strength of our accomplishments and our efforts to create value for our shareholders." To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1 (to eliminate penny stocks). Within that group, companies were ranked based on earnings growth, revenue growth, and stock performance over the past three years. In 2003, Microtek reported revenues of $98.7 million and net income of $16.0 million, and the Company's stock price appreciated over 109% during 2003. About Microtek Medical Holdings, Inc. The Company, a market leader in the healthcare industry, develops, manufactures and sells infection control products, fluid control products and safety products to healthcare professionals for use in environments such as operating rooms and outpatient surgical centers. DATASOURCE: Microtek Medical Holdings, Inc. CONTACT: Dan R. Lee, President & CEO, or Jerry Wilson, CFO, or John Mills, all of Microtek Medical Holdings, Inc., +1-800-476-5973, or Web site: http://www.microtekmed.com/

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