100 Fastest-Growing Tech Companies 

Our rankings show another banner year for the leaders of the tech revival.

Palomar Medical Technologies
Rank: 3 (Previous rank: 6)
Get quote: PMTI
Employees: 225
Headquarters: Burlington, MA
Sector(s): Medical
Why it's hot:
These days even 20-somethings are opting for a nip and a tuck. That's spiked demand for Palomar's six-figure gear, which uses lasers and light pulses to tighten skin, vaporize blemishes, and remove unsightly body hair.
Palomar Medical Technologies
Revenue 126.5 49.7 19
Earnings 53 120 18
Operating cash flow 44.3 208.4 1
Stock return (2006) 45
Headcount change (2006) 19.7
From the June 2007 issue
Latest Headlines for PMTI
B2 100 Headquarters
B2 100 Companies 2007
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How we rank them
To find the B2 100, we screened more than 2,000 tech companies that have been publicly traded on a U.S. stock exchange for at least three years, have a market capitalization of at least $50 million, and have had positive operating cash flow over the past 12 months. Zacks Investment Research of Chicago ranked the resulting list using four financial criteria: growth in revenue, profit, and operating cash flow during the past three years, and the 12-month stock return as of Dec. 31, 2006. Cash flow growth counts for 40 percent of a company's ranking. Each of the other criteria counts for 20 percent. Additional research was provided by Factset. If you have further questions about Business 2.0's 100 Fastest growing technology companies, please e-mail