Fortune Ranks Stericycle No. 10 Among America's Fastest-Growing Companies
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 waste business. "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 forward-looking statements.
SOURCE Stericycle, Inc.
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