APS Technology, Inc. Receives 2011 Marcum Tech Top 40 Award
Wallingford, CT – Sept. 27, 2011 – The Connecticut Technology Council and the accounting and advisory firm Marcum LLP have named APS Technology as one of the recipients of their annual Marcum Tech Top 40 Awards, recognizing it as one of Connecticut's fastest growing technology companies for 2011.
The awards were grouped in six categories, with APS Technology being one of the five companies recognized for growth in the "Advanced Manufacturing" heading. This marks the ninth consecutive year that APS has won this award (or its predecessor, the Deloitte Fast 50).
All of the companies considered for the Tech Top 40 Award had at least $3 million in operating revenue last year and were evaluated on revenue growth over the past four years. In almost all categories, the companies must have proprietary technology or propriety intellectual property that contributes to a significant portion of their operating revenue.
"We at APS Technology are pleased to have again qualified for this prestigious award. All of the awarded companies have first-rate engineering and/or manufacturing capabilities and we are proud to be placed among them," said Bill Turner, President of APS. "Our engineering expertise, which enables us to provide engineering analysis, product development services and proprietary products to customers around the world, plays a large part in our ability to maintain solid revenue growth year after year."
About APS Technology
APS Technology, Inc. specializes in the design, development and manufacture of electromechanical, instrumentation, sensor, and software designs for the oilfield and other harsh environments. APS has deep engineering expertise in oilfield drilling and sensor equipment, shock and vibration isolation designs, and stress analysis for static and rotating conditions. APS's customers include all of the major integrated multinational oilfield service companies, independent directional drilling companies, MWD service companies and oilfield companies engaged in non-drilling related services. APS also provides engineering analysis, product development services, and proprietary products to customers worldwide.
About The Connecticut Technology Council, Inc.
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. www.ct.org
About 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. www.marcumllp.com
For more information please contact:
APS Technology, Inc.
7 Laser Lane Wallingford, CT 06492
Tel: 860.613.4450 ext. 121