Beringea - Global Private Equity and Investment Banking

September 18, 2008

 

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Beringea portfolio company InTouch Health named in Inc. Magazine as one of the 500 Fastest Growing Private Companies in 2008

Inc. MagazineDETROIT — Beringea portfolio company InTouch Health has been named by Inc. Magazine as one of the 500 fastest-growing companies in the U.S. The magazine's "Inc. 500" ranking measures revenue growth among American entrepeuneurs from 2004 to 2007. With the listed companies reporting a median growth rate of 1,046% and aggregate revenue of $13.7 billion, InTouch secured the #289 spot with a sales growth of 958% and revenue exceeding $9.4 million in that period. To read more about the companies named click here.

InTouch Health, founded in 2002, and based in Santa Barbara, Calif., pioneered remote presence technology for healthcare providers. Its RP-7® robotic system is a next-generation tele-health technology platform that enables audiovisual communication between physician and patient anywhere with internet access. The company has more than 200 hospital customers using the RP-7® for applications such as tele-stroke and tele-ICU coverage. To learn more about InTouch Health, visit www.intouchhealth.com.

Yulun Wang, PhD., Chairman and CEO of InTouch Health said,"InTouch Health is honored to be recognized by Inc. 500 as one of the fastest growing private companies in the country. Our success in the marketplace has been driven by our society's need to have better access to the dedicated physicians and nurses who care for us all. Our remote presence technology extends the reach of those professionals such that they can provide the higher quality care at a lower cost to a larger population. We look forward to bringing Intouch Health's remote presence healthcare solutions to hospitals throughout the world."

Charlie Rothstein, Founder and Senior Managing Director at Beringea, added "We commend Yulun and his management team on this outstanding recognition. It only serves to reinforce what we've always believed - that InTouch has the ability to make a huge contribution to the healthcare industry. Clearly a leader in its field, InTouch's current and future products will continue to make significant strides in remote presence technology, enabling better communication and thereby facilitating better care for patients."

About Beringea

Beringea is an international private equity and investment banking firm with offices in Detroit, Los Angeles, London and Shanghai. Beringea is the manager of funds including Investcare Partners, InvestMichigan! and Global Rights Fund II, among others. To learn more about Beringea, please visit www.beringea.com

 

 
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