PathXL a Winner in Deloitte Technology Fast 50
PathXL attributes its growth to its ground breaking software that has the potential to revolutionise cancer analysis and diagnosis.
Belfast, 21st November 2012 — PathXL today announced that it ranked number 13 in the 2012 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years.
PathXL’s CEO, Des Speed, commented, “We are delighted to receive industry recognition for achieving sustained success over the last five years. PathXL is committed to delivering innovative, effective and reliable software to pathologists, scientists and students in Research, Biobanking,
Clinical and Education settings worldwide.”
The Fast 50 programme, now in its thirteenth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 15 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 556%.
Announcing the winners of the Technology Fast 50 programme, David Crawford, Partner with Deloitte Belfast said: “Each year, we are considerably enthused by the resilience and tenacity of the indigenous technology sector as they demonstrate high levels of growth amidst challenging economic times. One of the key drivers of this growth has been their ability to capitalise on international markets. Many companies from across Northern Ireland now have an increased focus on international expansion as a way to drive sustainable growth. The indigenous technology sector has been a trailblazer in this regard – some of our most successful technology companies have long been internationalising their IP and reaping the rewards. It’s encouraging to observe that so many of our Fast 50 winning companies are seeking to exploit both local and global markets to their best advantage.”
The awards took place in the Guinness Storehouse on Friday 16 November. Dr Chris Horn, co-founder and former CEO Iona Technologies, was keynote speaker at the event.
Details of the Deloitte Technology Fast 50 ranking list are available to download at www.fast50.ie.
About PathXL
PathXL specialises in web-based software and workflows for Digital Pathology. Its PathXL® Manager product provides a robust, secure and open web-based platform to enable digital pathology users across all fields to manage, view and collaborate around virtual slides easily and efficiently. In addition, PathXL provides a range of applications and workflows on top of PathXL® Manager to deliver specific solutions in Research, Biobanking, Clinical and Education settings. PathXL also provides a full range of supporting services, including scanning, hosting, image analysis and consultancy. PathXL operates in the UK, Europe and North America.
PathXL is a privately owned company, headquartered in Belfast, Northern Ireland. For more information please visit: http://www.pathxl.com
About Deloitte
Deloitte’s 1,200 people in Dublin, Cork and Limerick provide audit, tax, consulting, and corporate finance services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges.
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