ADNET Technologies Named Recipient of Marcum Tech Top 40 Award for Second Consecutive Year

Tenth Annual Event to Honor ADNET Technologies as one of 40 Fastest Growing Tech Companies 

The Connecticut Technology Council (CTC) and Marcum LLP announced ADNET Technologies has made the Marcum Tech Top 40 (TT40) list of fastest growing technology companies in Connecticut. ADNET will be honored alongside 39 other TT40 companies at an awards ceremony September 19 at the Oakdale Theatre in Wallingford.

The Marcum Tech Top 40, now celebrating its tenth anniversary, has honored over 360 Connecticut technology companies since 2008. The awards recognize technology leaders in six industry sectors, including Advanced Manufacturing, Energy/Environmental, Life Sciences, New Media/Internet/Telecom, IT Services, and Software. Companies are both privately and publicly held and have at least $3 million in annual revenue and a demonstrated record of revenue growth in each of the preceding four years. ADNET has been named a Tech Top 40 in the IT Services category. ADNET is a recipient of this award due to strong revenue growth of at least $3 million in annual revenue as well growth in each of the preceding four years.

“We’re incredibly honored to have been recognized as part of the Marcum Tech Top 40 again. Our team is the reason for our success, and I’m extremely proud and humbled by all they do every single day to allow us to achieve this level of growth in the industry,” said Christopher J. Luise, Executive Vice President of ADNET.

“Marcum is proud to extend enthusiastic congratulations to all of this year’s fastest growing technology companies,” said Michael K. Brooder, CPA, managing partner of Marcum’s Hartford, Connecticut, office. “Marcum is proud to help celebrate the tech sector, one of the examples of growth and innovation within Connecticut’s business ecosystem. The Marcum Tech Top 40 is our long-standing way of recognizing this and celebrating the achievements of some of the most disruptive and forwarding thinking companies in the state. It is an honor to partner with the Connecticut Technology Council on this outstanding event for the tenth year running.”

Bruce Carlson, CTC’s President and CEO added, “Connecticut is proud of its unique history of innovation and entrepreneurship. Growth in Connecticut must and does come, at least in part, from the technology sector, and these Marcum Tech Top 40 companies are exemplary of the achievements of the growing tech sector in the state. We look forward to celebrating tech growth achievements for another decade and beyond. ”The September 19 awards program will include an exhibition featuring the Marcum Tech Top 40 companies. One company from each of the six industry verticals will be named overall winner for demonstrating the greatest percentage growth in revenue across all the technology verticals. To register, visit the CTC website.

About The Connecticut Technology Council

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 2,500 companies that employ some 200,000 residents, the mission of the Connecticut Technology Council is to spark innovation, cultivate tech talent, foster business growth, advocate for industry-beneficial law and policy, expand the scope of industry networking and professional development, and celebrate industry achievements in the state. The CTC seeks to serve Connecticut’s technology ecosystem by providing leadership, support, mentoring, and advocacy to companies across every industry and at every stage of growth. For more information, visit http://www.ct.org.

About Marcum LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., Grand Cayman and China. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services. For more information, visit www.marcumllp.com.