Connecticut Technology Council Recognizes APS Technology with the 2014 Marcum Tech Top 40 Award

Wallingford, CT – October 3, 2014 – The Connecticut Technology Council (CTC) and leading accounting and advisory firm Marcum LLP have again named APS Technology a recipient of their annual Marcum Tech Top 40 Awards, recognizing it as one of Connecticut's fastest growing technology companies for 2014. APS Technology is a leading provider of advanced electromechanical instrumentation, sensor and optimization technologies for oil and gas drilling.

APS Technology was honored as a top performer in the "Advanced Manufacturing" category. This marks the 12th consecutive year that APS has won a Tech Top 40 Award (or its predecessor, the Deloitte Fast 50).

"We are pleased APS Technology has again qualified for this prestigious award. We attribute our rapid growth to our company's first-rate engineering, manufacturing capabilities, and advanced oil and gas drilling technologies," said Bill Turner, President of APS. "Though we are headquartered here in Connecticut, our company continues to expand into China, Russia and the Middle East in order to support our global customer base. "

"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.

Bruce Carlson, CTC's President and 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."

Friday, October 3, 2014

About APS Technology

APS Technology, Inc. is a leading provider of Measurement While Drilling (MWD); Logging While Drilling (LWD); Rotary Steerable Systems (RSS); Drilling Systems and Drilling Optimization and Vibration Management products for oil and gas drilling. APS has deep engineering expertise in the design, development and manufacture of oilfield electronic, mechanical, instrumentation, sensor and software products; shock and vibration isolation designs; stress analysis for static and rotating conditions; and mechanical and electronics analysis for harsh environments. APS's customers include all of the major integrated multinational oilfield service companies, service divisions of national oil companies, independent directional drilling companies, MWD service companies and oilfield companies engaged in non-drilling related services. APS also provides product development services and proprietary products to customers worldwide.