November 9, 2007 – TeraRecon received the Frost & Sullivan 2007 Market Penetration Leadership Award for demonstrating strategic excellence in product innovation, marketing and sales strategies that resulted in the both the largest gain in market share and an outstanding financial performance over the past two to three years.
In conjunction with the award, Frost & Sullivan authored a case study article summarizing TeraRecon’s methodologies and detailing the market findings, which led to the company’s selection as an award recipient. The report recognizes TeraRecon for delivering tremendous financial performance and gaining market share year after year to become “...one of the five largest advanced visualization providers in North America, and a close second-leading independent vendor in 2007, capturing an impressive 28% of revenue in the competitive medical imaging market.”
For more information: www.terarecon.com