Connecticut Technology Council and Marcum LLP Announce 2014 Marcum Tech Top 40 Winners

HARTFORD, Conn., Aug. 7, 2014 (GLOBE NEWSWIRE) -- The Connecticut Technology Council (CTC) and Marcum LLP today announced the Marcum Tech Top 40 list of the fastest growing technology companies in Connecticut. Winning companies will be honored at an awards ceremony at the Oakdale Theater in Wallingford on October 2.

The Marcum Tech Top 40, now in its 7^th year, recognizes technology leaders in six industry sectors, including Advanced Manufacturing, Energy/Environmental, Life Sciences, New Media/Internet/Telecom, IT Services, and Software. The winning companies are privately and publicly held, with at least $3 million in annual revenue and a demonstrated record of growth in each of the preceding four years.  Four 2014 finalists have over $1 billion in revenue.

This year's winners range from newcomer VRSim, Inc., a creator of virtual reality training tools for industrial and manufacturing applications, to Priceline.com, a leader in mobile travel. 2014 winners are primarily privately held companies, but 12 public companies also made the list, including Rogers Corporation, Gartner Inc. and Alexion Pharmaceuticals. Geographically, Fairfield County is home to 16 winning companies this year, followed by Hartford County and New Haven County, both with ten companies.

 "The annual Marcum Tech Top 40 gives us the opportunity not only to see innovation first-hand but also to recognize how Connecticut's fastest growing technology companies are overcoming complex challenges to achieve success," said Anthony P. Scillia, Partner-in-Charge, Marcum New England. "Marcum is extremely proud to partner with the Connecticut Technology Council on this outstanding program again this year and enthusiastically congratulates all the winners."

"Technology companies have a set of shared challenges that range from capital-raising and complex revenue reporting to intellectual property management and international expansion. Whether they are private enterprises or Fortune 500 companies, this year's Marcum Tech Top 40 winners all demonstrate management excellence and market foresight," said Alex Discepolo, a Tax Partner in Marcum's New Haven office and Practice Leader of the Firm's High Technology Services Group.

Bruce Carlson, CTC's President & CEO, added, "Connecticut is proud of its remarkable heritage of innovation and invention. Job growth in Connecticut is going to come from the technology sector and these Tech Top 40 companies are a great example of the range of technology companies that are growing substantially in Connecticut."

This year's event sponsors include: title sponsor Marcum LLP, Capital One Bank, Connecticare, Comcast Business, Diversified Project Management, the law firm of Pullman & Comley, Robert Half Technology, TriNet, UK Trade & Investment, Webster Bank, Xand Corporation, and Wellstone Insurance.

The October 2 awards program will include an exhibition featuring the Marcum Tech Top 40 companies. Six category winners will be announced, and one company will be named overall winner for demonstrating the greatest percentage growth in revenue across all the technology verticals. To register, visit the CTC website.

About 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 2,500 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.

About Marcum LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 23 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep, with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; and MarcumBuchanan Associates LLC. For more information, visit www.marcumllp.com.

EDITOR NOTE: COMPLETE LIST OF WINNERS BELOW

2014 Marcum Tech Top 40 Companies by Industry Category