Forte Research Systems, Inc. Ranks No. 1695 on the 2011 Inc. 500|5000 with Three-Year Sales Growth of 159% For the second year in a row, Forte Research Systems appears on Inc.'s annual list of America's fastest-growing private companies.
MADISON, Wis., Aug. 26, 2011 /PRNewswire/ -- Forte Research Systems, Inc., developer of clinical and translational research software systems, announced today that it was ranked No. 1695 on Inc. magazine's fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. This is the second year in a row that Forte Research has made the list, an accomplishment made even sweeter by the company's jump of 867 spots up the list from its placement in 2010.
"We are excited to be included on this list for a second time. Recognition like this validates our commitment to delivering excellent products that provide value to our customers," said Srini Kalluri, President, CEO, and Chief Customer Experience Officer at Forte Research Systems. "This is an example of what can be accomplished when you have a fantastic team, supportive investors, and loyal customers."
Already established as provider of the leading enterprise-class system for clinical and translational research management, OnCore®, Forte Research Systems launched a completely new product line late last year, the cloud-based Allegro® Research on Demand family of CTMS (clinical trials management system) products.
"Our experience with OnCore customers over the last decade in combination with a real need in the investigator site market for a user-friendly, nimble CTMS are definitely contributing to Allegro's rapid uptake," Kalluri said. "I expect that we'll see our name on the list again in 2012."
The Inc. 500|5000 list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. Of the 68 companies on the list from Wisconsin, there is one other software company, and seven that share the category of "Health Industry" with Forte Research Systems.
The companies on this year's list report created 350,000 jobs in the past three years, and aggregate revenue among the honorees was up 14 percent from last year. Over this time period, Forte Research Systems created 18 new jobs.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
About Forte Research Systems, Inc.
Founded in 2000 and headquartered in Madison, Wisconsin, Forte Research Systems, Inc. develops clinical and translational research management software. The company's flagship product, the OnCore® system, is the nation's most widely adopted clinical research platform among academic research organizations and cancer centers. The OnCore platform is the result of over a decade of experience working closely with large research organizations, including institutes funded by the National Institute of Health's Clinical and Translational Science Award (CTSA) program and forty percent of the NCI designated cancer centers. The company's newest offering, the cloud-based Allegro® product line is built for clinical research operations excellence with no software to install and no hardware to maintain.
About the Inc. 500 | 5000
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. (Since then, a number of companies on the list have gone public or been acquired.) 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. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
SOURCE Forte Research Systems, Inc.