Eligibility & Categories

APPLICATION DEADLINE: Has passed (it was August 31, 2008), thanks to all the CT Tech companies that applied!

Criteria for selection are objective and require participating companies to submit four years of revenues.

For consideration in the UHY LLP Tech Top 40,

a company must meet the following criteria:

1. Must be headquartered in Connecticut. Subsidiaries or company divisions are not eligible.
2. A company must have proprietary technology or propriety intellectual property that contributes to a significant portion of a company’s operating revenue. A company is also eligible if it devotes a significant portion of its revenue to the research and development of technology.
3. A company that employs the technology of other companies to provide information technology services or is a value added reseller (VAR) or a “systems integrator” is eligible in the category of IT Services (see below).
4. A company must be in business for a minimum of four years.
5. A company must have first year (2004) revenue of $50,000 and fourth year revenue of $3 million.

Companies must fall into one of the following six technology categories:

1. Software - Producers of bundled and/or unbundled software applications for business or consumer use including software created for systems, graphics, communications and networking, security, inventory, home use, educational, or recreational. Also included in this category is software developed for specific industries such as banking, insurance, manufacturing, transportation, or healthcare.

2. IT Services - Providers of computer and internet-related services to businesses and consumers including software consulting, disaster recovery, web design, data input and processing, internet security, e-commerce services, and web hosting and systems engineering.

3. New Media/Internet - New Media is a catch-all term for all forms of electronic communication. Examples are:

• Special audiovisual effects of any kind
• Streaming video and streaming audio
• 3-D and virtual reality environments and effects
• Highly interactive user interfaces
• Mobile presentation and computing capabilities
• Any kind of communication requiring high-bandwidth
• CD and DVD media
• Telephone and digital data integration
• Online communities
• Live Internet broadcasting
• Person-to-person visual communication

4. Life Sciences - (Biotech and Medical Devices)-Biotech is defined as developers of technology promoting drug development, disease treatment, and a deeper understanding of living organisms. It includes human, animal, and industrial biotechnology products and services. Also included are biosensors, biotechnology equipment, and pharmaceuticals.
Medical Devices companies manufacture medical instruments and devices including medical diagnostic equipment (X-ray, CAT scan, MRI), medical therapeutic devices (drug delivery, surgical instruments, pacemakers, artificial organs), and other health related products such as medical monitoring equipment and handicap aids.

5. Advanced Manufacturing -This includes companies engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products. Examples include:

• 
  • Companies that design, develop or manufacture semiconductor chips/microprocessors or related equipment including diodes and transistors. Also includes companies that test or package integrated circuits.
  • Companies that manufacture electronic parts that are components of larger products and specialized instrumentation, including scientific instruments, lasers, power supplies, electronic testing products, power supplies, and display panels.
  • Companies that manufacturer PCs, mainframes, servers, PDAs, printers, storage devices, monitors, and memory cards. Also included are digital imaging and graphics services and equipment such as scanning hardware, graphics video cards and plotters. Integrated turnkey systems and solutions are also included in this category.
  • Companies that manufacture consumer electronic devices such as photocopiers, calculators, and alarm systems.
•   Aerospace manufacturing
  • Other manufacturing categories include the producer of chemicals, plastics, metal working, nanotechnology, steel production, and textile manufacturing.

6. Energy/Environmental Technology (including green technologies) and Telecom -
Energy/Environmental Technology focuses on alternative energy companies to include those working in

• Renewable Energy (Solar, Wind, Hydro, Geothermal, Biomass)
• Fuel Cells & Hydrogen
• Energy Conservation and Enabling Technologies
• Non-toxic cleaning products, green building products and technology
Telecom is defined as those companies who focus on the transmission of voice and data including long distance providers, local exchange carriers, and wireless communications services and components. Also included are satellite and microwave communications services and equipment.

2008 Program Sponsors

Platinum Sponsor

UHY LLP

Gold Sponsors

Connecticut Innovations	Oracle	Pullman & Comley, LLC

Webster Bank	Wellstone Insurance	Frevvo

Media Sponsors