REvolution Computing Awarded as a Top Innovator by Connecticut Technology Council

REvCo also recognized as one of 100 Technology "Companies to Watch"

REvCo also recognized as one of 100 Technology "Companies to Watch"

NEW HAVEN, Conn., Sept. 19 /PRNewswire/ REvolution Computing was one of the 16 category winners at the second annual Innovation Pipeline Awards and technology showcase in front of over 350 guests at the Dolce Innovation Center. The Connecticut Technology Council, the state's industry association for the technology sector, annually recognizes companies with sales under $10M, an innovative product and a business model that demonstrates potential for future success.

REvolution Computing was also recognized as one of 100 technology "companies to watch" for 2008.

REvolution Computing is the leading commercial provider of software and support for the statistical computing language known as "R."

Matthew Nemerson, the CTC President and CEO, said, "We look at hundreds of new ideas and start-ups every year and the companies recognized here are the ones we feel are not only the most exciting but have a real chance to become fast growing new firms."

Awards are the result of a nomination and judging process that engages dozens of technology leaders from corporations such as Pitney Bowes, GE, UTC, and Open Solutions, and law firms including Cantor Colburn, LLP, Edwards Angell Palmer and Dodge, LLP, and the accounting firm Fiondella, Milone, and Lasaracina.

Richard Schultz, CEO of REvolution Computing, "It is a great honor to be recognized as a technology innovator and for the successes our team has already achieved to date, beginning with Intel Capital putting its faith in our vision for analytical software based on the "R" language. Interest in our business and our commercial R products continues to grow. Winning the CTC award is sure to bring even more attention to the great things we are doing with "R."

About REvolution Computing

New Haven, Connecticut-based REvolution Computing is the leading commercial provider of software and support for the statistical computing language known as "R." Our products enable statisticians, scientists and others to derive meaning from large sets of mission-critical data in record time, and to create predictive models that help to answer their most difficult questions. REvolution Computing works closely with the R community to incorporate the latest developments in open source R, and with our clients to support their efforts to produce groundbreaking innovations in life sciences, financial services, defense technology and other industries where high-level analytics are crucial to success. At REvolution Computing, "We do the math." For more information, visit www.revolution-computing.com.

About The Connecticut Technology Council

The Connecticut Technology Council is the State's industry association for the technology sector. The Mission of the Connecticut Technology Council is to improve economic growth and a high quality of life for Connecticut by promoting a culture of innovation of community leaders in business and government. The goal of the Connecticut Technology Council is to build a statewide network of innovators and entrepreneurs to educate and influence elected officials and policy leaders about the critical importance of technology innovation and growth in Connecticut.

About the Innovation Pipeline Accelerator

The IPA is for all CT companies with sales under $10 million, an innovative product and a scalable business model. Once accepted into the Innovation Pipeline Accelerator, all candidates are provided with: access to an interactive website that enables them to request services, communicate with an entrepreneurial community and track their progress; a secure corporate intranet for their exclusive use; connections with mentors and advisors with the intent of improving and accelerating the growth and success of these companies; and listing in a searchable public database that will be accessible to anyone looking for products or services from CT based companies.

Companies may remain in the program as long as the program adds value to their business and the company continues down the path towards success. Some of the more advanced IPA companies will be selected to receive extra assistance in the FastTrack Program that provides more personalized services

SOURCE REvolution Computing

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