BLOOMINGTON, Minn., Feb. 21, 2011 /PRNewswire/ — Acuo
Technologies®, a market leading provider of comprehensive
software solutions to the medical imaging industry for archiving,
collaboration and migration services, announces another year of
significant growth during Fiscal Year 2010. The company achieved
25% growth over the previous year in revenue and a three-year
compounded annual growth rate of 55% in revenue, while adding an
additional 125 implementations of the DICOM Services Grid™
software solution; totaling over 600 implementations worldwide.
Furthermore, the company increased the revenue backlog 24% from
Fiscal Year 2009. The company signed over 25 software license deals
with healthcare institutions, including over a dozen significant
enterprise archive license contracts located in Illinois,
Louisiana, Minnesota, Missouri, New Jersey, New York, Ohio, Canada
and the United Kingdom. In addition, the company signed over 25 new
data migration services contracts throughout the year.
“I am very pleased to see the continued market acceptance of
Acuo’s DICOM Services Grid software solution suite and advanced
professional service offerings,” stated Jeff Timbrook, CEO. “I want
to personally thank our partners and customers for another great
year in our company’s history despite economic conditions present
in 2010. In order to service the growth in business, we have
recently increased our employee base by 30% over the previous year,
along with continued focus and staffing in research and
development, further driving product innovation. We look forward to
2011 as we continue to ramp up for another significant sales and
implementation growth year.”
Acuo Technologies will be showcasing new software features that
include a real time dashboard technology, image sharing and
exchange software, web services workflow layer and cloud
virtualization layer at HIMSS11, Booth #3139. By freeing the
archive function from PACS, the Acuo DICOM Services Gri
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