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Escalon(R) Named One of America's Fastest Growing Small Public Companies By Fortune Small Business

SB Informer
Monday, July 10, 2006; 07:40 AM

Escalon Medical Corp. (Nasdaq: ESMC) today announced, for the third year in a row, its inclusion in Fortune Small Business' top 100 fastest-growing small public companies in America. Fortune Small Business, in conjunction with Zacks Investment Research, evaluated publicly-traded companies with revenues of less than $200 million and a stock price of more than $1, and companies were chosen for their percentage growth in earnings, revenue, and stock performance over the past three years. Escalon was ranked 82nd overall in 2006.

Escalon Medical Corp.'s CEO, Richard J. DePiano commented, "We are pleased to be ranked in this well-regarded list for three consecutive years. This recognition reflects the efforts of a well-focused team and our continued commitment to being a leading resource to our customers." In addition to this recognition by FSB, Escalon was recognized by Forbes Magazine as one of its "200 Best Small Companies" in November 2004.

The FSB 100 list appears in the July/August issue of Fortune Small Business and is available at FSB.com.

Founded in 1987, Escalon develops markets and distributes ophthalmic diagnostic, surgical and pharmaceutical products as well as vascular access devices. Drew, which operates as a separate business unit, provides instrumentation and consumables for the diagnosis and monitoring of medical disorders in the areas of diabetes, cardiovascular diseases and hematology, as well as veterinary hematology and blood chemistry. Escalon seeks to utilize strategic partnerships to help finance its development programs and is also seeking acquisitions to further diversify its product line to achieve critical mass in sales and take better advantage of the Escalon's distribution capabilities. Escalon has headquarters in Wayne, Pennsylvania and manufacturing operations in Long Island, New York, New Berlin, Wisconsin, Dallas, Texas, Oxford, Connecticut and Barrow-in-Furness, U.K.