PALO ALTO, Calif., March 19 /PRNewswire-FirstCall/ -- Varian Medical Systems (NYSE: VAR) has been named number 14 in the BusinessWeek 50 listing for 2007, the magazine's ranking of the nation's best-performing large public corporations in the Standard & Poor's 500-stock index.
"Varian is honored to be included in the BusinessWeek 50," said Timothy Guertin, Varian President and CEO. "To be referred to as a smaller company 'playing at the top of their game,' and maintaining a high level of global market share through 'management excellence, marketing muscle, and innovation' is a tremendous affirmation of our efforts. We are proud to be recognized in this way."
According to the magazine, "the BusinessWeek 50 represents our choice of the 'best in class' from the 10 economic sectors that make up the S&P 500. These star performers in the class of 2007 are setting the agenda in their industries. This year's list is chock full of companies that are rewriting the rules in their industries. They are the agitators, the pioneers, and the game-changers that are leading the way in the 21st century."
BusinessWeek used a sophisticated method for ranking the companies, primarily emphasizing performance on core financial measures, but also considering companies' performance compared with similar companies and other performance indicators. The resulting list, with information about each of the companies, can be viewed on the BusinessWeek website at this URL, or in the March 26, 2007 issue of the magazine.
Varian Medical Systems is the world's leading manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices. Varian is a premier supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications. The company also produces X-ray imaging products for cargo screening and industrial inspection. Varian Medical Systems employs approximately 3,900 people who are located at manufacturing sites in North America and Europe and in its 56 sales and support offices around the world.
FOR INFORMATION CONTACT: Spencer Sias, 650-424-5782 firstname.lastname@example.org Meryl Ginsberg, 650-424-6444 Varian Medical Systems email@example.com
SOURCE: Varian Medical Systems, Inc.
Web site: http://www.varian.com/