About SoClean: The Company’s Products, CPAP Technology and Stock Growth
SoClean, the CPAP sanitizing device company, has announced that it has been named by Deloitte as one of America’s fastest growing technology corporations. SoClean ranked as number 54 on Deloitte’s Technology Fast 500™ and grew revenues by 2,805 percent. This ranking considers the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech corporations in North America. “We are honored to be recognized by Deloitte for the remarkable growth we have achieved in recent years as we serve a robust and continuously growing number of sleep apnea patients in the U.S. and Europe,” said Robert Wilkins, CEO of SoClean. “I am proud of the continuous dedication of our team, and I want to thank our loyal customers who continue to use our products and services. SoClean remains dedicated to raising public awareness of sleep apnea and other sleep breathing disorders, which often go undiagnosed and untreated.” CPAP equipment needs frequent cleaning, as side effects of CPAP bacteria can include sinus infections, odor and skin irritation. In addition to suffering from sleep breathing disorders, patients have traditionally struggled with burdensome and unsatisfactory CPAP cleaning practices that worsen patient health. As a result, SoClean has adapted a quick, easy and safe process using activated oxygen—ozone—that has been shown to kill up to 99.9% of bacteria and viruses in the mask, hose and reservoir of CPAP equipment. “SoClean believes CPAP cleaning should be simple and should only make patients feel better,” said Wilkins. “SoClean’s rapid growth—today recognized by Deloitte—is attributable to the recognition among CPAP patients that our products provide a quicker, easier and most importantly, safe alternative to traditional cleaning methods.”
Deloitte’s Technology Fast 500 offers a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners were selected based on percentage fiscal year revenue growth from 2014 to 2017. To be eligible for Technology Fast 500 recognition, corporations 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. Firms must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Moreover, companies must be in business for a minimum of four years and be headquartered within North America.