TAG UNVEILS 2007 TOP 10 INNOVATIVE GEORGIA TECHNOLOGY COMPANIES

FOR IMMEDIATE RELEASE
Media Contact:
Lauren Shankman
lshankman@trevelinokeller.com
404.214.0722 x110

Atlanta, GA – February 28, 2007 – With nearly 100 companies applying for consideration, the Technology Association of Georgia (TAG) announced the 2007 Top 10 Most Innovative Technology Companies in Georgia at its Georgia Technology Summit: Innovation 2.0 Managing Innovation For Growth being held today at the Cobb Galleria Centre.

The companies, which included a tie for one spot, are: Asankya, Commerce Science Corporation, Firethorn, IDology Inc., Nexidia, Quellan Inc., Recordant, Scentric Inc., Super Computer International Inc., Vystar and Wireless Vision.

Today’s honor comes shortly after receiving recognition on a statewide level for innovation in technology. Recordant was named as one of the Technology Association of Georgia’s (TAG) Top 10 Innovative Companies for 2007 earlier this year. During the last two years, Recordant has assembled a dynamic team of technology, retail and business expertise and secured $12.3 million in venture funding to create one of today’s most promising young companies. Recordant is well positioned for continued growth by providing a compelling proposition for the retail community, particularly those with high-ticket, more complex selling environments like automotive dealers, banks, hotels and specialty retailers.

“Our congratulations to this year’s Top 10 chosen from what by all measures was our most competitive group of companies in the three-year history of unique TAG program”, said TAG President Tino Mantella.

The 10 companies will makes presentations during the Summit which will also feature a keynote address by Chris Anderson, editor-in-chief of Wired magazine and best-selling author of ‘The Long Tail.’ Anderson’s book has had a significant impact on the business community as a whole, particularly around the areas of innovation and business economics.

TAG will give its annual Lifetime Achievement Award to Jim Blanchard, retired CEO of Synovus Financial Corp. The Summit attendees will also hear from Rich DeMillo, dean of the College of Computing and Georgia Tech and former chief technology officer for Hewlett-Packard.

TAG annually picks 40 of the most innovative technology companies in the state, and then pares that down to a list of “Sweet 16” semifinalists and finally the Top 10. The TAG Top 40 are chosen are chosen based on a number of criteria, including: degree of innovation; scope and financial impact of innovation; likelihood of success; and promotion of Georgia’s innovative efforts nationally and internationally.

“The Top 40 has gotten better every year,” said Dennis Zakas, a partner with Hunton & Williams and chairperson of the Top 40 Selection Committee. “It was very tough to come up with the final 10 because this year’s entire group had some incredible technologies. It proves that Georgia is right at the top of the pack in developing successful technology companies.”

In addition to Zakas, the 2007 committee members include: Co-chair Ron Dolinsky (MARKETQUEST), Kathy Harris (Noro-Moseley Partners), Sig Mosley (Imlay Investments), Stephen Fleming (Georgia Tech), Buddy Ray (Innovation Publishing), Don House (investor and member of Georgia Technology Hall of Fame), Jeff Muir (Chatham Capital), Knox Massey (Atlanta Technology Angels) and Chris Mangum (Venture X).

About The Technology Association of Georgia

The Technology Association of Georgia (TAG) is a non-profit organization whose mission is to support its members by generating opportunities for personal, professional and business growth. By forging strategic alliances, TAG serves as a primary catalyst to foster a rich environment for economic development in Georgia’s technology community. Founded in 1999 through the merger of the Business & Technology Alliance (B&TA), the Southeastern Software Association (SSA) and Women in Technology (WIT), TAG is one of the largest state technology associations in the nation. TAG is made up of 2,400 members representing technology leaders from over 1500 Georgia-based companies, affiliated technology and business organizations.

About Recordant

Recordant delivers “Moment of Truth Intelligence (MOTI)” solutions through frontline capture technology in order to maximize employee potential and customer satisfaction. Frontline capture technology incorporates audio capture, analytics and consultative services enabling clients to see what is actually happening on the sales floor across every interaction, every day. Companies within retail, hospitality, automotive, financial services and government sectors gain critical insight and the ability to impact employee productivity, service levels, sales activity, training, product direction and promotions. Recordant clients typically operate 100 or more locations, have employees which require specialized knowledge, training and orientation and leverage high-end interpersonal skills as a market differentiator. Based in Alpharetta, Georgia, Recordant is a private company. For more information, visit www.Recordant.com.