Medical Connections Named #7 on Staffing Industry Analysts’ 2009 Fastest-Growing List
August 19 2009 - 4:30PM
Business Wire
Medical Connections Holdings, Inc. (OTC Bulletin Board: MCTH),
one of the nation’s fastest growing healthcare staffing companies
specializing in allied health, nurse and physician staffing and
recruiting services, is pleased to announce it has been named to
Staffing Industry Analysts’ list of fastest-growing U.S. staffing
firms for 2009.
“We’re just thrilled to be recognized in one of the most
prestigious reports in our industry,” said Joseph Azzata, CEO of
Medical Connections. “And what’s more, our incredible growth and
leading position within the staffing community have been all the
more reinforced during one of the slowest economic periods in
history.”
Each year, Staffing Industry Analysts compiles a ranking of
fastest-growing staffing firms based on a survey completed earlier
in the year. This year's list of fastest-growing staffing firms, or
the “25% Club,” includes firms with compound average annual growth
of 25% or more between 2004 and 2008. (The companies on this year's
list posted median annual compound growth of 38.8%.)
At 63%, Medical Connections’ growth was two-and-a-half times
higher than this already-elite figure.
“Making the Staffing Industry Analysts’ list is, of course,
quite an honor for Medical Connections,” said Anthony Nicolosi,
President of Medical Connections. “And even more than that, it
reinforces our core beliefs about service, people and expertise.
Our commitment to excellence in every area we work in has been
strengthened. We are very grateful for our success, and for our
great team, our clients and our travelers.”
It is interesting to note that this year represented the first
that publicly-held companies were considered for recognized.
Medical Connections was the sole publicly-held company
included.
About Staffing Industry Analysts, Inc.
Staffing Industry Analysts, Inc. is the premier research and
analysis firm covering the contingent workforce. Known for its
independent and objective insights, the company's proprietary
research, data, support tools, publications, and executive
conferences provide a competitive edge to decision-makers who
supply and buy temporary staffing. In addition to temporary
staffing, Staffing Industry Analysts also covers these related
staffing service sectors: third-party placement, outplacement, and
staff leasing (PEOs). Founded in 1989, the company is headquartered
in Los Altos, California.
About Medical Connections, Inc.
Founded in 2002, Medical Connections, Inc. is a pioneering
medical recruitment and staffing company dedicated to satisfying
the increasing demands for qualified personnel in the healthcare
industry. The company identifies and places medical professionals -
from nurses and physicians to pharmacists and medical scientists –
in facilities throughout the U.S. Medical Connections applies both
established and innovative methods to meet the needs of its
clientele, capitalizing on the more than 40 years’ industry
experience of its key personnel.
In the relatively short period of time since its inception,
Medical Connections has secured a roster of prestigious clients,
both for-profit and not-for-profit organizations, and recruited the
most desirous candidates from across the country. With headquarters
in Boca Raton, Florida, Medical Connections is ideally positioned
to increase its presence in the U.S. healthcare market. Medical
Connections Holdings, Inc. is a fully reporting company trading on
the OTC B/B under the ticker: MCTH.
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include (a) failure to successfully
acquire existing staffing companies to grow its staffing business;
(b) whether the company will have adequate financing to expand its
business; (c) whether the company will effectively manage its
expanding operations which will place significant demands on its
managerial, financial and informational systems; (d) competition
among medical staffing companies for clients and qualified nurses
and other healthcare professionals and personnel; (e) the companies
ability to locate and fill staffing orders; (f) whether general
economic conditions and the regulatory environment will be
favorable to the growth of the company’s business; (g) the
company’s ability to grow organically. The company’s past
performance is not necessarily indicative of its future
performance. The company does not undertake, and the company
specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Medical Connections Holdings, Inc. business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report or Form 10-K filed with the
Securities and Exchange Commission for the most recently ended
fiscal year at www.sec.gov.
Medical Connections (CE) (USOTC:MCTH)
Historical Stock Chart
From Oct 2024 to Nov 2024
Medical Connections (CE) (USOTC:MCTH)
Historical Stock Chart
From Nov 2023 to Nov 2024