Marcum Tech Top 40 – Connecticut’s Fastest Growing Tech Companies


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The 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

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 had at least $3m in revenue, with some of 2010's winning public companies exceeding $1Billion.

The list is made up primarily of privately held companies, but also included thirteen public companies, including, among others: Priceline.com, FuelCell Energy and FactSet Research.  Geographically, Fairfield County lead 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 prosper,” said Matthew Nemerson, President and CEO of the Connecticut Technology Council.

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

This year’s event sponsors included: 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

RBC Bearings, Inc., Oxford

RSL Fiber Systems, LLC, East Hartford

Energy/Environmental Technologies Companies

EnergyTelecom_D

EMCOR Group, Inc., Norwalk

FuelCell Energy, Inc., Danbury

INNCOM International, Inc., Niantic

Precision Combustion, Inc., North Haven

IT Services Companies

IT_D

Cervalis LLC, Shelton

COCC, Avon

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

MResult Corp, New London

Perimeter E-Security, Milford

Life Sciences

LifeSciences_D

Alexion Pharmaceuticals, Inc., Cheshire

Bio-Med Devices, Inc., Guilford

Defibtech, LLC, Guilford

Metrum Research Group LLC, Tariffville

New Media/Internet/Telecom

NewMedia_D

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

Software_D

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


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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


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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.

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CONTACT:

Michael Scricca

Connecticut Technology Council

(860) 289-0878 ext. 334, mscricca@ct.org

Bruce Ditman

Chief Marketing Officer

Marcum LLP

(203) 508-1027, bruce.ditman@marcumllp.com

Cheshire

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