Co-founded in 1994 by URI grad., Heartlab has become one of American's fastest-growing private companies by meeting a need to shift from analog to digital in cardiology imaging.

Heartlab was acquired by Agfa in 2005 for $132.5 million.

In 2003, Heartlab was ranked 453 on the Inc. 500 list, a list of the nation's fastest-growing private companies.