PENNSAUKEN, N.J., June 13, 2007 (PRIME NEWSWIRE) -- RCM Technologies, Inc. (Nasdaq:RCMT) today announced that Healthcare Informatics magazine has published its 14th Annual Healthcare Informatics 100 and ranks RCM among its top companies by healthcare information technology revenue. This elite group includes all types of product and service providers in the healthcare industry. RCM appears on the list for the fourth year in a row.
Healthcare IT revenues for RCM's Global Life Sciences Practice are generated by various major clients within the pharmaceutical, biotech and medical device market verticals. RCM's areas of expertise include regulatory compliance (both process and computer systems), 21 CFR Part 11, equipment qualification, pharmacovigilance, and enterprise application software implementation. RCM maintains a unique capability to integrate in-depth expertise in IT, Engineering and Validation to serve the changing needs of regulated industries.
Healthcare Informatics, published by Vendome Group, LLC, is a monthly business magazine that provides timely, high-quality intelligence about information technology for the executives and managers on the IT decision-making team in healthcare facilities and organizations of every type.
Other major corporations included on this year's list were Cardinal Health, SAIC, Perot Systems, SAS, Sage Software Healthcare and Wipro Technologies.
Leon Kopyt, Chairman and CEO of RCM, commented: "We are pleased to be a part of this list of prominent healthcare product and service companies for the fourth consecutive year. Companies within the Life Sciences industry are realizing the necessity for integrated IT, Engineering and Validation skills, and we have combined our comprehensive expertise in each of these areas into service offerings that provide full life cycle support to regulated industries."
RCM also has a Health Care Services division which specializes in providing health care professionals to schools, hospitals and long term care facilities. Revenues from this division were not included in the IT healthcare ranking.
About RCM
RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services. RCM is an innovative leader in the design, development and delivery of these solutions to commercial and government sectors for more than 35 years. RCM's offices are located in major metropolitan centers throughout North America. Additional information can be found at www.rcmt.com.
The Statements contained in this release that are not purely historical are forward-looking statements within the Private Securities Litigation Reform Act of 1995 and are subject to various risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Forward looking statements include, but are not limited to, those relating to demand for the Company's services, expected demand for our services and expectations regarding our revenues, the Company's ability to continue to utilize goodwill, to continue to increase gross margins, to achieve and manage growth, to develop and market new applications and services, risks relating to the acquisition and integration of acquired businesses, demand for new services and applications, timing of demand for services, industry strength and competition and general economic factors. Investors are directed to consider such risks, uncertainties and other factors described in documents filed by the Company with the Securities and Exchange Commission.