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FOR IMMEDIATE RELEASE


Picture - Elliott Davis AwardIRIX Pharmaceuticals Named One of South Carolina's Fastest-Growing Companies 2003

November 14, 2003--Greenville, SC--IRIX Pharmaceuticals is one of 25 companies from across the state ranked in the Top 25 for South Carolina's Fastest-Growing Companies 2003, co-sponsored by Elliott Davis, LLC, the largest CPA firm headquartered in South Carolina, and the South Carolina Chamber of Commerce. South Carolina's Fastest-Growing Companies 2003 recognizes an exceptional and diverse assembly of businesses from across the state among its Top 25 finalists plus 50 additional honorees. This year's winners represent a cross section of business categories, including advertising, construction, financial institutions, healthcare, hospitality, manufacturing, professional services, IT and telecommunications, among others.

IRIX Pharmaceuticals received the South Carolina's Fastest-Growing Companies Top 25 Achievement Award at a special reception and luncheon on Friday, November 14 in Charleston, South Carolina. The invitation-only event coincided with publication of the South Carolina's Fastest-Growing Companies list, as part of a major feature in the annual South Carolina Business Magazine. Accepting the award on behalf of IRIX Pharmaceuticals was J. Guy Steenrod, CEO, and Dr. Panos Kalaritis, COO.

This year's companies represented each region of South Carolina fairly evenly, from Upstate to Midlands to Coastal region, with Greenville, Lexington, Florence, Charleston, Piedmont, Anderson and Harleyville all represented in the Top 10. Overall, 32 cities and 16 counties from the Coastal, Midlands, and Upstate regions were represented, with Greenville, Charleston, Columbia and Florence representing the greatest number of entrants. The Top 25 include companies with revenues primarily clustered in the $3 to $50 million range (92%), with the remaining top 25 having revenues in excess of $100 million. The largest finalist boasted revenues approaching $1 billion.

Click to see Table w/Information on Top 5


For More Information Contact:

Miriam Swiler, Vice President, Human Resources & Public Relations
IRIX Pharmaceuticals, Inc.
101 Technology Place, Florence, SC 29501
Tel: 843-676-9007
FAX: 843-673-0052 

E-Mail: miriam.swiler@irixpharma.com

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Copyright © 2003 IRIX Pharmaceuticals, Inc.
Last modified: 08/02/06