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New
Release -- Superconductor Week does not edit or endorse the following
news release:
Varian Medical Systems Named #14 in BusinessWeek
50 List of Top-Performing Companies
Palo Alto, CA, 19 March 2007:
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
http://www.businessweek.com/, 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.
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