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Awards

IVPCARE Has Been Selected for the INC. 500 as One of this Year's Fastest-Growing Companies

IVPCARE , based in Carrollton, Texas, has been named one of the fastest-growing companies in the country by Inc. magazine, which today released its annual ranking of the Inc.500 , the comprehensive guide to America's fastest-growing private companies.

The Inc 500, published on October 15 th , is an exclusive report on the companies and CEOs who are changing the face of American business. Noteworthy alumni include such household corporate names as Microsoft, Timberland, Dominos Pizza, and Patagonia.

IVPCARE is a national specialty pharmacy dedicated to providing comprehensive pharmaceutical care to patients being treated for infertility, multiple sclerosis, and arthritis. IVPCARE works closely with clinicians, manufacturers, and payers to provide services to meet their specific needs and address the challenges faced when caring for patients with complicated disease states.

"Good people who are committed to the company's cause provide a business with a strong backbone," says IVPCARE CEO, Von Best. "Our management team and the strong corporate values we support are two major keys to our success. We have a strong philosophy that we provide services to our patients for something more than money."

California tops the Inc. 500 with 75 companies on the list and Texas is second with 38 firms. Virginia and Massachusetts tie for third, with 27 companies each. Georgia and New York share the fourth spot (24) and Illinois (23) rounds out the top five. The sales by the 18 th annual Inc.500 companies increased by an average of 1,715% (an average of over $22 million) in just five years.

This marks the 18 th year that Inc. has charted the progress of America's most innovative and successful entrepreneurs. To be eligible for the Inc.500, companies have to be independent and privately held through 1998, have at least $200,000 in sales in the base year, 1994 and their 1998 sales must have exceeded their 1997 sales. The ranking is based on the percentage increase in sales from 1994 through 1998. Holding companies, regulated banks and regulated utilities are not eligible. Inc. verified all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.

Source: Corporate Communications Division of IVPCARE