FOR IMMEDIATE RELEASE
CONTACT: Jim Aylward, 615.370.0500
September 30, 2002

 

SY.MED DEVELOPMENT, INC. NAMED A 2002 MUSIC CITY FUTURE 50 COMPANY
Award Identifies and recognizes 50 fastest growing privately held companies in Middle Tennessee.

 

Nashville, Tenn. – Sy.Med Development, Inc. has been named a 2002 Music City Future 50 company. The Music City Future 50 is an annual recognition program of the Nashville Area Chamber of Commerce to celebrate the 50 fastest-growing, privately owned companies in the area.

 

The Music City Future 50 are identified through a nomination form, which includes questions about a company’s past and projected sales and employment growth. To be eligible, companies must be privately owned, headquartered in Middle Tennessee, have 10 or more employees or annual revenue of at least $500,000, and anticipate revenue and employment growth of 10 percent or more per year for the next three years. The nominations are collected by the Small Business Department of the Nashville Area Chamber of Commerce and tabulated by KraftCPAs.

 

This marks the eleventh year for the competition. 132 companies vied for the distinction of being named one of the 2002 Music City Future 50.

 

“This has been a challenging year for businesses of all sizes,” said Tony Neely, vice chair of small business for the Chamber. “The extraordinary performance of the small businesses named to the 2002 Music City Future 50 demonstrate the resilience and strength of our region’s entrepreneurial economy.”

 

“The entire Sy.Med team is extremely proud and honored to have received this award for the second time in four years. What makes this accomplishment even more gratifying is to have achieved it during relatively unfriendly economic conditions.” said Jim Aylward, president.

 

Sy.Med Development, Inc. received recognition as a Future 50 company in a special section published by The Tennessean and at a reception and awards dinner on Monday, September 30, at the Gaylord Opryland Resort and Convention Center.

 

The 2002 Music City Future 50 Awards are sponsored by the Nashville Area Chamber of Commerce, Wyatt, Tarrant & Combs, LLP, KraftCPAs, MassMutual Financial Group, Pinnacle Financial Partners and The Tennessean.

 

The Nashville Area Chamber of Commerce is Middle Tennessee’s largest business federation, representing more than 4,200 member companies. The organization is dedicated to developing the region as a desirable place to live, work and visit.