CONTACT: Jim Aylward, 615.370.0500
September 10, 2003


Award Identifies and recognizes 50 fastest growing privately held companies in Middle Tennessee.


Nashville, Tenn. – Sy.Med Development, Inc. has been named a 2003 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 twelfth year for the competition. 126 companies vied for the distinction of being named one of the 2003 Music City Future 50.


“As a small business owner and a past recipient of the Future 50 Award, I know the dedication and hard work it takes to grow and maintain a successful company” said Darrell Freeman, vice chair of small business for the Chamber.  “The companies on the 2003 Future 50 list have done well despite a challenging economy and that speaks volumes about the talented people who work in these companies”.


“Sy.Med is extremely proud to have received this prestigious award two years in a row and three times since 1998.  The fact that our revenue and client list has grown so significantly over the past few years, is a testament to our dedicated and talented employees”, said Jim Aylward, president and CEO.


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 Thursday, September 18, at the Gaylord Opryland Resort and Convention Center.


The 2003 Music City Future 50 Awards are sponsored by the Nashville Area Chamber of Commerce, PrimeTrust Bank, KraftCPAs and The Tennessean.


The Nashville Area Chamber of Commerce is Middle Tennessee’s largest business federation, representing more than 3,500 member companies. The organization is dedicated to developing the region as a desirable place to live, work and visit.