Dynasil Ranked Number Three on Deloitte’s 2010 Greater Philadelphia Fast 50

Dynasil Corporation of America (OTCBB: DYSL.OB) today announced that it ranked number 3 on the 2010 Greater Philadelphia Fast 50, Deloitte’s ranking of 50 of the fastest growing technology, life sciences and clean technology companies in the Greater Philadelphia Region. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2005—2009. Dynasil grew a stunning 577 percent during this period to achieve the number three ranking.

Dynasil’s CEO, Craig T. Dunham, credits “the company’s diversified product portfolio and new technologies, as well as acquisitions and their successful integration, for the 577% growth over the past five years. We have worked extremely hard on multiple fronts developing and commercializing new technologies and products while building what has become an incredibly robust company and pipeline,” said Dunham. “This award is a welcome reflection of our growing base of valued customers, and the dedicated work of our exceptional staff. We are proud that Dynasil ranks 3rd in Deloitte’s 2010 Greater Philadelphia Fast 50. The Philadelphia area is the birthplace of Dynasil and we have strong ties to this area through our many stockholders and employees in this region. We look forward to continued rapid growth as we build world-class skills and capabilities; develop, acquire and manage key assets to deliver cutting edge products, services and solutions; and drive sustained high performance.”

“Dynasil and the other 2010 Greater Philadelphia Fast 50 winners forged ahead in a challenging economic environment to realize exceptional growth,” said Tara L. Weiner, managing partner, Greater Philadelphia region, Deloitte. “Deloitte commends Dynasil for this impressive accomplishment.”

Dynasil previously ranked number 10 as a Greater Philadelphia Fast 50 award winner for 2009 and number 18 for 2008.

For details on the 2010 Greater Philadelphia Fast 50 including selection and qualifying criteria, visit http://www.deloitte.com/us/phillyfast50.

About Dynasil: Dynasil Corporation of America (OTCBB: DYSL), is a provider of technology, products, services and solutions aimed at making the world safer and healthier. The company supplies a broad range of customers by serving their specific needs in the medical, industrial, and homeland security/defense markets. The Company has operations in New Jersey, New York, Massachusetts and the UK.

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

This news release may contain forward-looking statements usually containing the words "believe," "expect," “plan”, “target”, “intend” or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act. Future results of operations, projections, and expectations, which may relate to this release, involve certain risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the factors detailed in the Company's Annual Report or Form 10-K, Quarterly Reports on Form 10-Q, as well as in the Company's other Securities and Exchange Commission filings, continuation of existing market conditions and demand for our products.

Dynasil Corp of America (CE) (USOTC:DYSL)
Historical Stock Chart
From Jun 2024 to Jul 2024