AVON, Conn. - (Business Wire) Evolution Benefits® has been named to the Connecticut Technology Council’s 2009 UHY LLP Tech Top 40 program for the second year in a row. The program recognizes the 40 fastest growing Software, IT, New Media, Advanced Manufacturing, Energy/Telecom/Green Tech and Life Sciences companies in Connecticut. Selection was based on the percentage revenue growth over four years from 2005–2008. Robert Patricelli, Chairman and CEO of Evolution Benefits credits the company’s powerful card technology and outstanding customer service with the company’s 139 percent revenue growth from 2005–2008.
“This award further signifies our leadership position within the electronic benefit payment industry, and we are extremely honored to be recognized by the Connecticut Technology Council for our efforts,” said Patricelli. “We would not be where we are today without the hard work and dedication of the entire team at Evolution Benefits.”
To qualify for the UHY LLP Tech Top 40, companies must have had operating revenues of at least $50,000 in 2004 and $3,000,000 in 2008, be headquartered in Connecticut, and be own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
For more information on the UHY LLP Tech Top 40 and/or the CTC please visit the CT Technology Council’s website at www.ct.org.
About Evolution Benefits®
Evolution Benefits, Inc. is the industry leader in electronic benefit payment solutions for the employee benefits market. Its prepaid benefits card powers the programs of more than 225 administrative services organizations and covers more than 15,000 employers. For more information, visit www.EvolutionBenefits.com.
About UHY LLP
UHY LLP is a licensed independent CPA firm that performs attest services for UHY Advisors, Inc. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name “UHY Advisors.” UHY Advisors, Inc. and its subsidiary entities have more than 1300 professionals providing services from 23 offices across the United States. UHY Advisors, Inc and its subsidiaries are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are independent members of UHY International. www.uhyllp-us.com
About The Connecticut Technology Council, Inc.
The Connecticut Technology Council is the state’s industry association for the technology sector. CTC’s mission is to “connect people, ideas and opportunities to the global technology and innovation community.” CTC provides members with business assistance and specialized programs, in addition to promoting and supporting public policies that position Connecticut to have a globally recognized “culture of innovation” that helps attract great ideas and entrepreneurs to in turn develop new jobs and wealth for the state. www.ct.org
Evolution Benefits, Inc.
Anne Carpenter, 860-678-5561
V.P. Marketing & Sales Support
pr@evolutionbenefits.com
or
Weiss PR & Associates
Jessica Trzyna, 443-621-7690
jtrzyna@weissprassociates.com
