Tech Companies to Watch

Connecticut Technology Council Honors Emerging Technology Companies for Accomplishments, Potential at Fourth Annual Innovation Pipeline Awards

115 “Companies to Watch” Showcase Technology in Poster Fair

EAST HARTFORD, Conn.--Over 400 entrepreneurs, investors and service providers gathered on Thursday, September 30, 2010 at The Omni Hotel in New Haven for the Connecticut Technology Council’s Fourth Annual Innovation Pipeline Awards. The event celebrates the most promising early stage and emerging technology companies in Connecticut that are considered to have the best potential to be a successful enterprise.

This was part of a larger event being held that day called the Cantor Colburn/CCAT Innovation and Entrepreneurship Summit, which included a northeast angel investor summit sponsored by The Angel Investor Forum (www.angelinvestorforum.com/). Nearly 100 angel investors from Connecticut Massachusetts, New Jersey, New York and Pennsylvania attended. A key component of the evening’s program put the spotlight on 115 “Companies to Watch” in a poster fair exhibit of their products and services to attendees.
For a complete list, visit http://ct.typepad.com/c2w/2010/08/2010c2wlist.html.

During the awards ceremony, the Connecticut Technology Council honored U.S. Senator Christopher J. Dodd (D) with an Award of Appreciation. Senator Dodd has been a friend and supporter of efforts to help grow the Connecticut technology economy and has consistently supported the angel community. He addressed the gathering via video from Washington, congratulating the winners and applauding the efforts of all the participating entrepreneurs.

The awards event and the Innovation Pipeline program were sponsored by the Connecticut Center for Advanced Technology (CCAT), Cantor Colburn LLC, Connecticut Innovations, CNA Insurance, the Economic Development Corporation of New Haven, Edwards Angell Palmer & Dodge LLP, Fiondella Milone & LaSaracina, Launch Capital, Microsoft Corporation, Open Solutions Inc., the University of Connecticut, Wellstone Insurance and Yale University.

The Innovation Pipeline Awards winners for 2010 are:

1.		The Most New Patents Award- Tumor Biology Investment Group (TBIG, Inc.), New Haven
2.		The Most Significant Early Stage Capital Investment Award- Sustainable Real Estate Solutions, Inc., Trumbull
3.		The Deal of the Year Award- HR411, Waterbury
4.		The Most Promising Technology Product or Service of the Year- Tutor Trove, LLC, New Haven
5.		The Most Promising Software Product of the Year- HadoopDB (New Haven) and PowerPhone, Inc., Madison
6.		The Most Promising New Internet/New Media Company of the Year - Interactive Mobile @dvertising, Inc., Westport
7.		The Most Promising Life Sciences Company of the Year- NovaTract Surgical LLC, Guilford
8.		The Most Promising New Green Tech Company of the Year- SilviaTerra, New Haven

 
 
About Cantor Colburn

Cantor Colburn LLP is the largest full service intellectual property law firm in the state of Connecticut with over 40 patent and trademark attorneys. The firm provides the skills and experience needed to help large and small companies succeed in this critically important area of law. With locations in Bloomfield and Norwalk, the firm covers all aspects of intellectual property law, including patent, trademark, copyright, unfair competition, computer, trade secret, and related licensing and litigation. Cantor Colburn’s industry expertise includes biotechnology, telecommunications, polymeric and composite materials, electrical power systems, medical instruments, software, optics, computer hardware and systems, semiconductors, e-commerce and business methods.

About CCAT

The Connecticut Center for Advanced Technology, Inc. (www.ccat.us) helps private and public entities to apply innovative tools and practices to increase efficiencies, improve workforce development and boost competitiveness. CCAT functions as a unique economic development organization that combines expertise in cutting-edge technology with specialized centers of excellence in manufacturing, education, training, energy and entrepreneurialism.

About CTC

The Connecticut Technology Council is a statewide association of technology oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for over 2,000 companies that employ some 200,000 residents, the Connecticut Technology Council seeks to provide a strong and urgent voice in support of the creation of a culture of innovation. This includes working to position Connecticut as a leader in idea creation, workforce preparation, entrepreneurial aptitude, early stage risk capital availability and providing on-going support and mentoring to high potential firms. Online at: www.CT.org.

Contacts
Connecticut Technology Council
Mike Scricca, 860-289-0878         ext. 334
Membership Director
[email protected]

APS Technology, Inc.

APS Technology, Innc. Designs, develops, and manufactures electromechanical, instrumentation, sensor, and software products for the oil field.  APS has deep engineering expertise in oilfield sensor and drilling equipment, shock and vibration isoltation designs, mechanical and electronics analysis for harsh environments, and contract design including project management.  APS's customers include all of the major integrated multinational oilfield service companies, independent directional drilling and Measurement-While-Drilling service companies, and non-drilling-related oilfield companies.

APS Technology, Inc. was chosen as one of the 2010 Marcum Tech Top 40 companies of the year.

APS Technology, Inc.

Wallingford, CT

President: William E. Turner

www.aps-tech.com

Andrews Consulting Group

Andrews Consulting Group has worked directly with over 500 businesses, helping each of them to stay ahead by fully exploiting information technology, for more than twenty years.  Andrews installs, upgrades, extends, and enhances Oracle and JD Edwards software, and, for those clients who wish to extend their software capabilities, the Andrews' Custom Software specialists design and build custom software. We provide business intelligence services for many leading ERP applications. Andrews has influenced thousands of midmarket customers by the 60 white papers it has published. These covered a wide range of products from IBM, Microsoft, Oracle and Business Objects. Andrews publishes The JDE Advisor, a trusted source of information and advice for all JD Edwards clients.

Andrews Consulting Group was chosen as one of the 2010 Marcum Tech Top 40 companies of the year.

Andrews Consulting Group

Cheshire, CT

CEO: Davids Andrews

www.andrewscg.com

Alexion Pharmaceuticals, Inc.

Alexion is a global biopharmaceutical company that combines groundbreaking science with a steadfast commitment to meeting the needs of patients living with severe, life-threatening and often ultra-rare diseases. Alexion scientists are among the first in the world to unlock the therapeutic potential of inhibiting terminal complement, a group of proteins that play an important role in the body's immune response and can destroy healthy tissue in certain patients.  Alexion discovered and developed Soliris®, a first-in-class terminal complement inhibitor, approved in the United States, Canada, European Union, Australia, and Japan as a treatment for patients with PNH, a rare and frequently fatal blood disorder.. Alexion is working urgently to investigate Soliris and additional biopharmaceuticals as treatments for patients with other rare and severe diseases, including cancer.

Alexion Pharmaceuticals, Inc. was chosen as one of the 2010 Marcum Tech Top 40 companies of the year.

Alexion Pharmaceuticals, Inc.

Cheshire, CT

CEO: Leonard Bell

www.alxn.com

Adeptra, Inc.

Adeptra is the global leader in providing automated customer contact solutions for companies in the Consumer Credit and Risk Management industry.  The company has revolutionized how musinesses manage time sensitive and vital interactions with their customers.  Adeptra services enhance the quality of customer interactions while significantly reducing operational costs.  Adeptra services are deployed in the majority of the top 50 financial organizations in the world.

Adeptra was chosen as one of the 2010 Marcum Tech Top 40 companies of the year.

Adeptra, Inc.

Norwalk, CT

CEO:  Lou Venezia

www.adeptra.com

Marcum Tech Top 40 - Connecticut's Fastest Growing Tech Companies

Connecticut Technology Council Announces
2010 Marcum Tech Top 40 Winners

FOR IMMEDIATE RELEASEThe CTC and Marcum bring attention to the innovation and economic growth of the state’s technology sector each year by recognizing the 40 fastest growing tech companies in Connecticut

 

Join us at the Tech Top 40 Awards & Technology Showcase, 10/28/2010 at the Oakdale

HARTFORD, Conn. (September 14, 2010)  The Connecticut Technology Council and Marcum LLP have announced the 2010 Marcum Tech Top 40, the annual list of the 40 fastest growing technology companies in Connecticut. Companies on the list are grouped into six technology verticals: Software, IT Services, Life Sciences, Advanced Manufacturing, New Media/Internet/Telecom and Energy/ Environmental Technologies and are evaluated on the basis of revenue growth over the last four years. Companies considered for this recognition have at least $3M in revenue, with some of the public companies winning this year exceeding $1Billion.

The list is made up primarily of privately held companies, but also includes thirteen public companies, including, among others: Priceline.com, FuelCell Energy and FactSet Research.  Geographically, Fairfield County leads with 17 companies followed by Hartford County and New Haven County each with nine companies.

“We are committed to celebrating innovation among a diverse array of businesses in Connecticut,” said Anthony P. Scillia, Managing Partner of the New England Practice of Marcum LLP. “Marcum’s support of the technology sector is perfectly in-line with the Connecticut Technology Council’s mission of providing leadership in areas of policy advocacy, community building and assistance for growing companies. We hope to raise awareness for these 40 outstanding Connecticut businesses who have led by example for other technology companies.”

“Connecticut is proud of its innovation heritage. This list reinforces each year that the state’s tech sector continues to grow and propser,” said Matthew Nemerson, President and CEO of the Connecticut Technology Council.

The Council and Marcum LLP will honor the winning companies October 28 at the Oakdale Theater in Wallingford. At the event, which will also include a poster fair featuring the Marcum LLP Tech Top 40 companies, six category winners will be announced, along with the company with the greatest percentage growth in revenue across all the technology verticals. CTC and Discover Video will stream a webcast of the awards ceremony.

This year’s event sponsors include: Marcum LLP, CNA Insurance, the law firm of Pullman & Comley, Webster Bank, Connecticut Innovations, McLaughlin, DelVecchio & Casey, The Pita Group, Robert Half Technology and Wellstone Insurance.

2010 Tech Top 40 Companies 

Advanced Manufacturing Companies

APS Technology, Inc., Wallingford

Bolt Technology Corporation, Norwalk

EDAC Technologies Corporation, Farmington

PolyMedex Discovery Group (formerly Foster Corp), Putnam

Precision Combustion, Inc., North Haven

RBC Bearings, Inc., Oxford

RSL Fiber Systems, LLC, East Hartford

Energy/Environmental Technologies Companies

EMCOR Group, Inc., Norwalk

FuelCell Energy, Inc., Danbury

INNCOM International, Inc., Niantic

IT Services Companies

Cervalis LLC, Shelton

COCC, Avon

Fuss & O'Neill Technologies, LLC DBA Fandotech, Manchester

MResult Corp, New London

Perimeter E-Security, Milford

Life Sciences

Alexion Pharmaceuticals, Inc., Cheshire

Bio-Med Devices, Inc., Guilford

Defibtech, LLC, Guilford

Metrum Research Group LLC, Tariffville

New Media/Internet/Telecom

Health Plan One, LLC, Shelton

Indeed.com, Stamford

JobTarget, LLC, New London

M2 Media Group, Stamford

Post-N-Track Corporation, Wethersfield

Priceline.com, Inc, Norwalk

TranSwitch Corporation, Shelton

Webloyalty.com, Norwalk

Software

Adeptra, Inc., Norwalk

Andrews Consulting Group, Cheshire

EDGAR ONLINE, Inc., Norwalk

Evolution Benefits, Inc., Avon

FactSet Research Systems, Inc., Norwalk

Higher One Holdings, Inc., New Haven

PASSUR Aerospace, Inc., Stamford

Qualtech Systems, Inc., East Hartford

SS&C Technologies, Inc., Windsor

Tangoe, Inc., Orange

Terra Technology, LLC, Norwalk

TicketNetwork Inc., Vernon

Triple Point Technology, Inc., Westport

The Connecticut Technology Council

The Connecticut Technology Council is a statewide association of technology oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for over 2,000 companies that employ some 200,000 residents, the Connecticut Technology Council seeks to provide a strong and urgent voice in support of the creation of a culture of innovation. This includes working to position Connecticut as a leader in idea creation, workforce preparation, entrepreneurial aptitude, early stage risk capital availability and providing on-going support and mentoring to high potential firms. For more information, visit www.ct.org.

Marcum LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation. Ranked 15th among the "Top 25 Firms" by Inside Public Accounting, Marcum offers the resources of more than 950 professionals, including more than 120 partners, in 15 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, Florida and Grand Cayman. The Firm's presence runs deep with full service offices strategically located in major business markets. Marcum offers an extensive range of professional services and a high degree of specialization. In addition to traditional accounting, assurance and tax, including domestic and international tax planning and preparation, the Firm's professional services include mergers and acquisition planning, family office services, forensic accounting and litigation support. For more information, visit www.marcumllp.com.

# # #

CONTACT:   

Michael Scricca

Connecticut Technology Council

(860) 289-0878 ext. 334, [email protected]

     

Bruce Ditman

Chief Marketing Officer

Marcum LLP

(203) 508-1027, [email protected]

 

Join us at the Tech Top 40 Awards & Technology Showcase, 10/28/2010 at the Oakdale in Wallingford