Applied Precision Ranks Number 55 on the 100 Fastest-Growing Private Companies List Released by the Puget Sound Business Journal
ISSAQUAH, Wash., October 15, 2010 – Puget Sound Business Journal announced that Applied Precision, Inc. ranked number 55 on the 100 Fastest-Growing Private Companies list at an awards event at Meydenbauer Center on Oct. 13. The event, which drew nearly 500 people, announced and honored all 100 companies on the list and revealed each company's ranking. The 100 Fastest-Growing Private Companies are listed, with select companies profiled, in a special publication of the Business Journal on Oct. 15. The Fastest-Growing Private Companies program was launched 16 years ago by the Puget Sound Business Journal to identify and recognize companies speeding to the top of their industries. This is the sixth time Applied Precision has been recognized with this award.
"The companies that make this list are, by definition, among the most dynamic in our region," said Business Journal Publisher Emory Thomas Jr. "Especially this year, they have beaten the odds imposed by the Great Recession, making membership on this elite list all the more impressive. These companies are showing all of us what qualities it takes to grow in challenging times."
"We are excited that Applied Precision has been named as one of the fastest growing companies in our state," says Joseph Victor, President and CEO of Applied Precision. "It's a great honor for our company and is a direct result of the efforts of our team who have worked so hard to innovate and provide advanced life sciences imaging solutions for our customers."
Applied Precision generated tremendous growth during difficult economic times. While many companies were laying off employees and cutting benefits, Applied Precision added staff to increase the sales, design, manufacturing, and service capabilities of the company at their Northwest headquarters and throughout the world.
About Applied Precision, Inc.
Applied Precision is a leading provider of innovative imaging, measurement and analysis systems for the life sciences industries and OEM markets. Headquartered in Issaquah, Washington, just outside of Seattle, with sales and service centers in both Europe and Asia, Applied Precision has received multiple awards for its cutting-edge products.