Tuesday, July 14, 2009

Aptera Software Receives Honor as a "Company to Watch"

Congratulations to Chamber member Aptera Software, Inc., the only Fort Wayne company to make it on the "Companies to Watch" list just released by the Indiana Economic Development Corporation.

Fifty companies from 17 Indiana counties have earned a place in Indiana's second annual field of "Companies to Watch." The accolade, presented by the Indiana Economic Development Corporation, its Small Business Development Center network, Purdue University and the Edward Lowe Foundation, recognizes the state's privately held businesses that employ up to 150 employees and have between $750,000 to $100 million in annual revenue or working capital.

The 50 "Companies to Watch," which were named after evaluating the more than 500 nominations for the awards, represent industries ranging from food manufacturers to software developers and medical device makers to financial services firms. The 50 chosen companies project to have combined revenues in excess of $671 million and create more than 560 new jobs this year. The revenue projections represent an increase of more than $200 million from 2008. Nearly 3,800 mid-sized companies with between $5 million and $100 million in annual sales operate in Indiana, according to a 2008 Indiana Chamber of Commerce Foundation study. Those companies employed more than 386,000 workers and produced more than $55 billion in annual sales.

The 50 "Companies to Watch" will be honored at an Aug. 27 ceremony at the Indiana Roof Ballroom in Indianapolis. Tickets for the ceremony and dinner are still available and may be purchased online or by calling (888) 472-3244.

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