LAKE FOREST, Ill., Aug. 21 /PRNewswire/ -- Stericycle, Inc.
(Nasdaq: SRCL), the market leader in medical waste management, is ranked No.
10 on Fortune magazine's annual list of the 100 Fastest-Growing Companies in
America. The rankings appear in the September 4, 2000 edition of the
magazine, which go on sale today.
In ranking Stericycle No. 10, Fortune cited its outstanding
earnings-per-share growth, which led the list with its three-year annual rate
of 760%. The magazine described Stericycle as the largest company in its
field, noting its recent acquisition of Browning-Ferris Industries' medical
"Internal growth and an expanding market also have served us well,"
explained Stericycle President/CEO Mark Miller. "Our customers, including
doctors and hospitals, are legally liable for their potentially infectious
medical waste, so it is in their best interest to select a provider with
proven credentials. With the largest network and capabilities nationwide,
Stericycle provides safe, compliant service, as well as peace of mind."
Fortune compiled the list of the 100 Fast-Growing Companies based on the
following criteria: Eligible companies had to be based in the United States,
have been in operation for three years, and have at least $50 million in
revenues and market capitalization. In addition, companies needed a 30%
annual growth rate in both revenue and earnings per share over three years,
and were judged by total stock market return during that same period.
Founded in 1989, Stericycle, Inc., is the largest regulated medical waste
management company in North America. With the acquisition of Browning-Ferris
Industries' medical waste business in 1999, Stericycle has become the sole
provider of medical waste services operating nationwide with approximately
240,000 customers in the United States, Canada and Puerto Rico.
Safe Harbor Statement: Statements in this press release that are not
strictly historical are "forward looking." Forward-looking statements involve
known and unknown risks and should be viewed with caution. Factors set forth
in the Company's Annual Report on SEC Form 10-K and other filings with the SEC
could affect the Company's actual results and could cause the Company's actual
results to differ materially from expected results. The risks and
uncertainties that may affect the results of the Company's business include,
but are not limited to, the following: difficulties and delays with respect
to the completion and integration of acquisitions; delays and diversion of
attention related to compliance with permitting and regulatory authorities;
difficulties and delays with respect to marketing and sales activities; and
general uncertainties accompanying expansion into new markets. The Company
makes no commitment disclose any revisions to forward-looking statements, or
any facts, events or circumstances after the date hereof that may bear upon
SOURCE Stericycle, Inc.