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Viverae Named to Inc. Magazine's Inc. 5000

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DALLAS - (BUSINESS WIRE) - Viverae, a leading provider of health management solutions, has been named to the 2009 Inc. 5000, ranking 775 and making the list for the first time as one of the nation's fastest growing companies.

The Inc. 5000 recognition comes on the heels of Viverae CEO Michael Nadeau's honor as Ernst & Young Entrepreneur Of The Year 2009 in the "emerging sector" category for the Southwest Area North region.

Inc. recognized Viverae's 375-percent revenue growth from 2005 to 2008. With this growth percentage, Dallas-based Viverae ranked 61 out of the top 100 companies in the health industry nationwide and ranked 29 out of the top 100 companies in the Dallas/Fort Worth region. Viverae creates health management programs that reduce health care costs through improved employee health.

"Viverae has experienced tremendous growth over the past few years due to our ability to evolve with the ever-changing health care industry," said Michael Nadeau, president and chief executive officer of Viverae, who founded the company in 2003. "To be recognized on a national level by Inc. makes our rapid growth all the more real. We remain focused on expanding our client base, product offering and technology platform, especially over the next 18 months, as we continue to help shape the emerging health management industry."

According to the 2009 Inc. 5000, "health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs)."

In addition to revenue, Viverae has also seen growth of its employee base. The Viverae team grew by 80 percent from 2008 to 2009, and the company has plans to bring on additional team members this year to meet the increased corporate demand for comprehensive health management solutions.

"Viverae's vision is to help redefine corporate wellness," Nadeau continued. "This is a great environment for us today as more companies are looking for a solution to control rising health care costs and to improve a generally unhealthy workforce." Viverae's hands-on programs are a unique combination of health assessments, extensive outreach, creative challenge activities and meaningful incentives that are aligned with each client's culture and health profile.

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, nominated companies have to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of Dec. 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million.

"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."

Viverae's profile for the Inc. 5000 can be found online at www.inc.com/inc5000/2009/company-profile.html?id=200907750.

Inc. magazine is hosting the Inc. 500|5000 Conference & Awards Ceremony Sept. 23 to 25, 2009, in National Harbor, Md., for honorees and alumni for a networking recognition event.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

About Viverae

Founded in 2003, Viverae (viv-AIR-ā) is a national provider of comprehensive health management solutions that helps corporations reduce health care costs through improved employee health. Dallas-based Viverae helps employers and their employees control health care costs by identifying, addressing and reducing health risks before they turn into significant medical expenses. Viverae's programs are a unique combination of assessments, outreach, activities and employee incentives, based on each client's culture and health profile. For more information, visit www.viverae.com.

HCK2 Partners
Elizabeth Cornelius, 972-716-0500 ext. 26
elizabeth.cornelius@hck2.com
or
Emily Bruce, 972-716-0500 ext. 21
emily.bruce@hck2.com



 
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