Connecticut Technology Council Honors Emerging Technology Companies for Accomplishments, Potential at Sixth Annual Innovation Summit Awards

75 “Tech Companies to Watch” Showcased Innovative Technologies, Five Winners Named

HARTFORD, Conn.--(BUSINESS WIRE)--Nearly 400 entrepreneurs, investors and service providers gathered on November 1, 2012, at The Omni Hotel in New Haven for the Sixth Annual Innovation Summit Awards, a celebration of 75 of the most promising early stage and emerging technology companies in Connecticut identified by the Connecticut Technology Council (CTC) as having the best potential to be a successful enterprise.

“Determining the Real Market for Your Product”

The 2012 CTC event, produced in concert with the Crossroads Venture Group, featured panel discussions of “Tech All-Stars,” who covered such topics as “Determining the Real Market for Your Product” and “Building a Great Start-Up Team.” The Tech All-Star panelists included some of the most state’s successful technology entrepreneurs, who offered advice to the start-ups during an interactive question and answer period. The 75 “Tech Companies to Watch” interacted with attendees at a poster fair during the day.

As part of the Awards presentations, Kip Bergstom, Deputy Commissioner of the State Department of Economic and Economic Development, introduced the managers the of the State’s recently launched four Innovation Hubs. The Hubs will offer an array of services to technology start-ups and Stage II companies out of offices in Hartford, New Haven, Stamford and Storrs. The Hub initiative stems from the economic development efforts of Governor Molloy’s administration.

A complete list of the 2012 Companies to Watch is posted on CTC’s website.

Presenting sponsors of this year’s event were: the law firms of Cantor Colburn LLP and Dickstein Shapiro LLP, the Connecticut Center for Advanced Technology (CCAT) and First Niagara Bank. Supporting sponsors included: Connecticut Innovations, Digital Surgeons, the Economic Development Corporation of New Haven, the accounting firm of Fiondella, Milone and LaSaracina, Open Solutions Inc., The HB Group, and TriNet HR Corporation.

The 2012 Innovation Summit winners:

1. Most Promising Technology Product of the Year – Emme E2MS LLC, Bristol
2. Most Promising Software Product of the Year – eBrevia, LLC, Stamford
3. Most Promising New Internet/New Media Company of the Year – Applivate LLC, New Haven
4. Most Promising Life Sciences Product of the Year – BIOARRAY Therapeutics, Inc, Farmington
5. Most Promising New Green Tech Product of the Year – RPM Sustainable Technologies, Inc, Guilford

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.