Connecticut Technology Council Announces 2011 Marcum Tech Top 40 Winners

CTC and Marcum put the spotlight on innovation and economic growth in Connecticut’s technology sector by recognizing the state’s 40 fastest growing tech companies.

HARTFORD, Conn.--()--The Connecticut Technology Council (CTC) and Marcum LLP have announced the 2011 Marcum Tech Top 40 list of the 40 fastest growing technology companies in Connecticut. Winners are grouped into six areas of technology: Software, IT Services, Life Sciences, Advanced Manufacturing, New Media/Internet/Telecom, and Energy/ Environmental Technologies. Winners are selected 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 this year’s winning public companies exceeding $1 Billion.

The 2011 winners are primarily privately held companies, but 12 public companies also made the list, including: Priceline.com, FuelCell Energy and FactSet Research. Geographically, Fairfield and New Haven Counties led with 15 companies each followed by Hartford County with seven companies.

“We are committed to celebrating innovation among a diverse array of businesses in Connecticut,” said Anthony P. Scillia, Partner-in-Charge 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. Each year this list of diverse companies reinforces that the state’s tech sector continues to grow and prosper,” said Matthew Nemerson, CTC president and CEO.

CTC and Marcum LLP will honor the winning companies September 27, 2011 at the Oakdale Theater in Wallingford. The event will include a mini-trade show featuring the Marcum LLP Tech Top 40 companies. Six category winners and the company with the greatest percentage revenue growth across all technology verticals will be announced that evening. To register, visit the CTC/Marcum Tech Top 40 registration webpage.

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

2011 Marcum Tech Top 40 Companies

Advanced Manufacturing Companies
APS Technology, Inc., Wallingford
EDAC Technologies Corporation, Farmington
PolyMedex Discovery Group, Putnam
RSL Fiber Systems, LLC, East Hartford
TransAct Technologies Inc., Wallingford

Energy/Environmental Technologies Companies
FuelCell Energy, Inc., Danbury
Precision Combustion, Inc., North Haven
Proton Onsite, Wallingford
STR Holdings, Inc., Enfield

IT Services Companies
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., 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, 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

Connecticut Technology Council
Michael Scricca, 860-289-0878 ext. 334
mscricca@ct.org
or
Marcum LLP
Bruce Ditman, 203-508-1027
Chief Marketing Officer
bruce.ditman@marcumllp.com

Release Summary

The 40 fastest growing tech companies in Connecticut made the 2011 Marcum Tech Top 40 list. CT Technology Council and Marcum will honor the companies September 27 at Oakdale Theater in Wallingford.

Contacts

Connecticut Technology Council
Michael Scricca, 860-289-0878 ext. 334
mscricca@ct.org
or
Marcum LLP
Bruce Ditman, 203-508-1027
Chief Marketing Officer
bruce.ditman@marcumllp.com