Pharmacy OneSource Ranked 254th Fastest Growing Company in North America on Deloitte's 2008 Technology Fast 500
Attributes its 687% percent revenue growth to innovative web-based products

BELLEVUE, WA, November 15, 2008 /24-7PressRelease/ -- Pharmacy OneSource today announced that it ranked Number 254 on Deloitte's 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003-2007. Pharmacy OneSource grew 687% percent during this period.

"Our business model, like that of SalesForce, of software-as-a-service (SaaS) greatly contributes to our second consecutive year on the coveted Fast 500 list," said Keith Streckenbach, Chief Strategy Officer. "Our SaaS model also significantly enables our swift innovation and improvement capabilities that continue to earn us business in the U.S. hospital marketplace."

In addition to ranking on Deloitte's Technology Fast 500, Pharmacy OneSource ranked 15th on the Washington State Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Washington State.

Pharmacy OneSource previously ranked #84 on Deloitte's 2007 Technology Fast 500.

"Each company on Deloitte's Technology Fast 500 is an innovator with an exceptional five-year track record of growth," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "Pharmacy OneSource has earned its position among the fastest growing companies in North America, and we are proud to honor this important accomplishment."

Overall, companies that ranked on the 2008 Technology Fast 500 had growth rates ranging from 242 to 138,762 percent over five years, with an average growth rate of 3,043 percent.

The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2003 to 2007.

Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.

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Press Release Contact Information:

Keith Streckenbach
Pharmacy OneSource, Inc.
Chief Strategy Officer
3535 Factoria Blvd SE #440
Bellevue, Washington
USA 98006
Voice: 1-800-654-8395
Fax: 425-452-5649
Website: Visit Our Website