FORTUNE Small Business Ranks America's Fastest-Growing Small Companies; Netsmart Technologies Ranked Number 48
23 June 2005 - 1:00AM
PR Newswire (US)
FORTUNE Small Business Ranks America's Fastest-Growing Small
Companies; Netsmart Technologies Ranked Number 48 GREAT RIVER,
N.Y., June 22 /PRNewswire/ -- FORTUNE Small Business announced
today that Netsmart Technologies, Inc. (NASDAQ:NTST) has been
ranked 48 on the fifth annual FSB 100 list of the 100 fastest
growing small companies in America. The list, which is comprised of
public companies, appears in the July/August issue of FORTUNE Small
Business, available on newsstands July 4 and at
http://www.fsb.com/. James Conway, CEO of Netsmart Technologies
stated, "We are extremely pleased to be recognized by FORTUNE Small
Business magazine. This is our second consecutive year on the list.
Last year we were recognized as the 70th fastest growing small
company." California tops the list of the states with the most
companies on the FORTUNE Small Business 100 with 14 companies,
followed by Texas and Florida with nine and New York and
Pennsylvania with eight. To compile the list, FORTUNE Small
Business asked financial research firm Zacks to screen annual
reports for public companies with annual revenue of less than $200
million and a stock price of more than $1. Within that group,
companies were ranked based on the past three years' earnings
growth, revenue growth, and stock performance. Real estate firms
and banks, which had begun to override the list in recent years,
were not considered for the list this year. DATASOURCE: Netsmart
Technologies, Inc. CONTACT: Ron Marge of Netsmart Technologies,
1-800-421-7503, ext. 2026, ; or Stuart Fine of Carpe DM, Inc.,
+1-908-490-0075, , for Netsmart Technologies Web site:
http://www.netsmartech.com/ http://www.fsb.com/
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