Connecticut Technology Council to Recognize Fast Growing Technology Companies Announces UHY LPP Tech Top 40
EAST HARTFORD, Conn. (June 16, 2008) – The Connecticut Technology Council (CTC) will launch a new awards program in partnership with accounting firm UHY, Inc this November which will honor the 40 fastest growing technology companies in Connecticut. This awards program will recognize companies on the basis of revenue growth over four years, with a first year revenue requirement of $50,000. Companies will have to have minimum revenues of $3 Million in the fourth year.
“As an entrepreneur, I know the great value this state-wide recognition can have for any company, said CTC Chairman, David Reisner, the CEO of the Nano Group. The Council will spotlight companies in technology verticals that reflect the Connecticut technology community. They will be judged based on their growth inn their own categories.
The Tech Top 40 will focus on exciting tech companies that are growing rapidly, are capturing market share and are led by a savvy, creative and aggressive management team. The winners will not always be household names, but at the same time will represent the State’s leaders in job and wealth creation.
The event that will honor these technology companies will be at the Chevrolet Theater on November 6 and also feature a technology showcase featuring the winning companies. The showcase will be in the form of a “poster fair” that allows attendees to meet the companies and their management team. The combined evening of networking and exhibiting will culminate in a brief announcement of the top winner in each of the technology categories.
The event’s title sponsor, UHY LLP, is the twelfth largest accounting firm in the U.S. It will certify this year’s winners. Other lead sponsors of the event include Webster Bank and Oracle and the law firm of Pullman & Comley, LLC.
The Tech Top 40 continues a tradition of honoring the state’s fastest growing companies on the basis of revenue growth. Deloitte’s Connecticut Technology Fast 50 will now be a tri-state event that will combine fast growing companies from New York, New Jersey and Connecticut. Meanwhile, The Connecticut Technology Council event will focus exclusively on Connecticut companies drawing from a robust group of eligible companies and employing a different set of criteria.
Companies can apply online at www.ct.org.
About the Connecticut Technology Council The Connecticut Technology Council is the state’s industry association for the technology sector. CTC’s mission is to “connect people, ideas and opportunities to the global technology and innovation community.” CTC provides members with business assistance and specialized programs, in addition to promoting and supporting public policies that position Connecticut to have a globally recognized “culture of innovation” that helps attract great ideas and entrepreneurs to in turn develop new jobs and wealth for the state. ### CONTACT: Michael Scricca Connecticut Technology Council (860) 289-0878 x334