NextDocs Corporation, the global leader in Microsoft SharePoint based software solutions for life sciences industries, today announced it has been named a Rising Star on Deloitte’s 2011 Greater Philadelphia Fast 50, ranking the 50 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in the Greater Philadelphia region. NextDocs grew more than 31,000 percent from 2006 to 2010.

“NextDocs, like all 2011 Greater Philadelphia Fast 50 companies, has excelled in fostering innovation and channeling it into spectacular growth – against the backdrop of one of the most challenging economies in history”

NextDocs’ Chief Executive Officer, Zikria Syed, credits NextDocs’ robust offerings and increased customer demand with its 31,770 percent revenue growth.

He said, “The Rising Star Award recognizes the innovative technology solutions that NextDocs is bringing to the life sciences market. Life sciences companies of all sizes are looking for ways to reduce the cost and complexity of compliance requirements, and NextDocs provides our clients with these solutions. Today, we have more than 100 customers throughout the life sciences industry, and it’s because of the loyalty of these customers and the dedication of our employees that we are able to achieve this level of success and continue our substantial growth.”

“NextDocs, like all 2011 Greater Philadelphia Fast 50 companies, has excelled in fostering innovation and channeling it into spectacular growth – against the backdrop of one of the most challenging economies in history,” said Tara L. Weiner, Managing Partner, Greater Philadelphia region, Deloitte LLP. “Deloitte recognizes NextDocs for its remarkable accomplishment.”

Overall, 2011 Greater Philadelphia Fast 50 companies achieved revenue growth ranging from 21 percent to 6,918 percent from 2006 to 2010, with an average growth of 410 percent.

About Deloitte’s 2011 Greater Philadelphia Fast 50

The 2011 Greater Philadelphia Fast 50, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in the Greater Philadelphia region. 2011 Greater Philadelphia Fast 50 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.

In order to be eligible for 2011 Greater Philadelphia Fast 50 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of five years, and be headquartered within the Greater Philadelphia region.

About NextDocs Corporation

NextDocs is the global leader in providing Microsoft SharePoint-based compliance solutions to life sciences organizations. It enables businesses in regulated industries to achieve compliance with FDA and other agencies while automating processes, improving efficiency and dramatically reducing costs. NextDocs customers include Pharmaceutical companies, Bio-Techs, Medical Device companies and CROs. For more information on NextDocs Corporation and the software solutions visit www.nextdocs.com.

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