Health Sector and No. 39 th Overall in the US Heath Sector

Avadim Ranks No. 562 on the US 2018 Inc. 5000 List and No. 10 th in  North Carolina with Three-Year Sales Growth of 901%

ASHEVILLE, N.C., Aug. 22, 2018 (GLOBE NEWSWIRE) -- Avadim Technologies, Inc. (“Avadim”), the Bionome Therapies TM life sciences company, today announced that Inc. Magazine has recognized the Avadim as one of the fastest growing private companies in America. Inc. Magazine ranked Avadim No. 562 on its 2018 Inc. 5000 List, an exclusive ranking of the nation's fastest-growing private companies with a three-year sales growth of 901%. Avadim was ranked as the No.10 fastest growing company in North Carolina. Avadim was listed as the 39 th fastest growing company in the U.S. Health sector and the No. 1 company in the sector in North Carolina.

“We are honored to be selected to join the respected list of the fastest-growing 5000 private companies in America for the third consecutive year and we look forward to our continued growth and innovation,” said Stephen Woody, Avadim Chairman and CEO. “This accomplishment is a testament to our hard-working, very-focused team, business model, strategy, and proprietary technology that we have in place at Avadim. Moving forward, we will continue to work closely with our customers and partners as we address the gaps in global health including infection prevention, neuromuscular disorders and barrier repair.”

The Inc 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names were previously on the list. The 2018 Inc. 5000, unveiled online at Inc.com, is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 538.2%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 664,095 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at  https://www.inc.com/inc5000/list/2018 .

About Avadim Technologies Inc.: Based in Asheville, NC, Avadim is a rapidly growing life sciences company built around the concept of serving. With a mission to change lives and transform communities, Avadim identifies unmet needs and addresses them in a way nobody else has. The company offers a portfolio of advanced, safe solutions and has a strong pipeline across a broad range of health and wellness areas.

Avadim Technologies Inc. Contacts: David Fann, President 828.251.7111 Office 904.251.4910 Cell david.fann@avadimtechnologies.com

Joe McGuire, Chief Financial Officer 828.251.7111 Office 904.228.2603 Cell joe.mcguire@avadimtechnologies.com

Avadim Technologies Inc. 81 Thompson Street Asheville, NC 28803 www.avadimtechnologies.com

Investor Relations : KCSA Strategic Communications Valter Pinto 212.896.1254 valter@kcsa.com www.kcsa.com