RUTHERFORD, N.J., Nov. 16, 2016 (GLOBE NEWSWIRE) -- Cancer Genetics, Inc. (Nasdaq:CGIX), an emerging leader in enabling precision medicine for oncology through the use of molecular markers and information, announced today it ranked 233 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Cancer Genetics grew 319 percent during this period. Cancer Genetics' CEO and President, Panna Sharma, credits the increasing marketshare due to providing more value and molecular information for biotech and pharmaceutical trials and growth in providing more clinical centers and hospitals information for enabling precision medicine for patients. Sharma commented, "Our team has been very focused on increasing the impact our innovative tests have on cancer patients, and on accelerating and enabling the approval of breakthrough oncology compounds. Our commitment to the oncology ecosystem, and to patient care has been evident in our continual, high-impact growth. We are encouraged by our position, and also hopeful that future growth will impact more patients and deliver more breakthrough oncology compounds into the market" "Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. "This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls." "This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors."