OpenSky Corporation Named Connecticut’s Fastest Growing Technology Company

Six Industry Category Winners Announced for 2011 Marcum Tech Top 40

HARTFORD, Conn. (September 27, 2011) – Six winners representing key areas of technology were announced as the fastest growing technology companies in Connecticut at the 2011 Marcum Tech Top 40 awards ceremony on September 27 at the Oakdale Theater in Wallingford. Marcum LLP, one of the nation’s leading accounting and advisory firms, and The Connecticut Technology Council recognized the 40 fastest growing technology companies in Connecticut based on revenue growth over the past four years.  

To see the full list of companies named to the Tech Top 40, see below or click here To learn more about the Marcum Tech Top 40 program, click here 

The overall winner of this year’s Marcum Tech Top 40 is Tolland-based OpenSky Corporation. The IT Services company has achieved revenue growth of 18,221 percent over the past four years.  The company provides professional services in IT consulting, infrastructure, risk management, security and virtualization.


TT40_2011_OpenSky_RogerL

Five other category winners include:

  1. RSL Fiber Systems, LLC, East Hartford (Advanced Manufacturing)

  2. STR Holdings Incorporated, Enfield (Energy/Environmental Technologies)

  3. Alexion Pharmaceuticals, Cheshire (Life Sciences)

  4. HealthPlanOne, LLC, Shelton (New Media/Internet/Telecom)

  5. Higher One Holdings, Inc., New Haven (Software)

"Category winners of this year’s Marcum Tech Top 40 stand at the top because of aggressive, persistent innovation and the dedicated talent that drives it," said Alex Discepolo, partner in the tax practice at Marcum LLP. "These two qualities are essential to fostering economic growth in the state.”

"We are proud to have such an array of strong technology companies in this year’s Marcum Tech Top 40,” said Matthew Nemerson, President and CEO of the Connecticut Technology Council.  “Connecticut has become an incubator for developing technology talent and is a great place to do business for technology companies.”  

RSL Fiber Systems is a repeat category winner in Advanced Manufacturing. The company manufactures advanced lighting solutions and integrated illumination for coal mining, refineries, offshore rigs, first responders and other applications.

STR Holdings, which won in Energy/Environmental Technologies, is a leader in solar panel encapsulation.

Life Sciences winner Alexion Pharmaceuticals’ Soliris drug catapulted the company to the top of the Tech Top 40 the last two years. Alexion is now expanding its reach into additional treatment areas.

HealthPlanOne, LLC, led New Media/Internet/Telecom technology and is also a repeat category winner. The company is a web-based health insurance brokerage focused on marketing individual/family and small business health insurance.

Software winner, Higher One Holdings, Inc., went public last year. The company provides electronic payment and disbursement services for colleges and universities and their students.

Marcum Tech Top 40 companies are required to have at least $50,000 in revenue in the first year and $3 million in revenue in the fourth year. The list is made up primarily of privately-held companies, but does include 13 public companies. Geographically, the companies are fairly evenly distributed across the state.

This year’s sponsors included CNA Insurance, the law firm of Pullman & Comley, Webster Bank, Connecticut Innovations, First Experience Communications, Dsign Digital LLP, Robert Half Technology, TriNet HR Corporation and Wellstone Insurance. 

2011 Marcum Tech Top 40

Advanced Manufacturing

APS Technology, Inc., Wallingford

EDAC Technologies Corporation, Farmington

Foster Corporation, Putnam

RSL Fiber Systems, LLC, East Hartford

TransAct Technologies Inc., Wallingford

Energy/Environmental Technologies

FuelCell Energy, Inc., Danbury

Precision Combustion, Inc., North Haven

Proton Onsite, Wallingford

STR Holdings, Inc, Enfield

IT Services

Cervalis LLC, Shelton

COCC, Avon

Fandotech, LLC, Manchester

Information Services Group, Stamford

OpenSky Corporation, Tolland

Perimeter E-Security, Inc., Milford

Life Sciences

Alexion Pharmaceuticals, Inc., Cheshire

Bio-Med Devices, Inc., Guilford

Defibtech, LLC, Guilford

Metrum Research Group LLC, Tariffville

Protein Sciences Corporation, Meriden

New Media/Internet/Telecom

Frontier Communications Corporation, Stamford

Health Plan One, LLC, Shelton

Indeed.com, Stamford

JobTarget, LLC, New London

Logo’d Softwear Inc., Cheshire

M2 Media Group, Stamford

PeriShip, LLC, Branford

Priceline.com, Inc., Norwalk

TranSwitch Corporation, Shelton

Software

Adeptra, Inc., Norwalk

Evolution1, Inc., Avon

FactSet Research Systems, Inc., Norwalk

Higher One Holdings, Inc., New Haven

IMedX Inc., Shelton

PASSUR Aerospace, Inc., Stamford

Prometheus Research, LLC, New Haven

Tangoe, Inc., Orange

Terra Technology, LLC, Norwalk

TicketNetwork Inc., South Windsor

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, CTC provides a strong, urgent voice in support of creating 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 within the top 15 firms by Inside Public Accounting and Accounting Today, Marcum offers the resources of more than 1,100 professionals, including more than 150 partners, in 23 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, California, Florida, Grand Cayman, China and Hong Kong. The Firm's presence runs deep with full service offices strategically located in major business markets. Marcum is a member of the Marcum Group, the gateway to a group of organizations that provide a variety of professional services including accounting and advisory, technology solutions, recruiting, and wealth management. These organizations include Marcum LLP; MarcumStonefield, a division of Marcum LLP; Marcum Technology LLC ; MarcumBuchanan Associates LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Cronus Partners LLC; and Marcum Bernstein and Pinchuk LLP.

CONTACTS:                      

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

#techcouncil #HealthPlanOne #connecticut #ctc #HigherOne #MatthewNemerson #TechTop40 #MarcumLLP

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