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ROCKVILLE, MD – (May 11, 2011) – The Tech Council of Maryland (TCM), Maryland's largest technology and biotechnology association with nearly 500 members employing more than 250,000 in the region, last night announced the winners of its 2011 TCM Tech Awards. The annual celebration drew more than 850 technology and business leaders from around the state, including Gov. Martin O'Malley.
“The Tech Council is proud to recognize individuals and businesses that have played important roles in creating and cultivating a robust tech and biotech community in Maryland,” said Renée Winsky, CEO of TCM. “This year’s TCM Tech Award winners are role models for aspiring entrepreneurs, educators and lawmakers, as well as the new technology companies that have chosen to build and grow their businesses in the state.”
The winners of the 2011 TCM Tech Awards are:
Tech Advocate of the Year - Sen. Nancy J. King: Sen. King was recognized for her numerous efforts to foster growth of the tech and biotech community in Maryland. She co-sponsored a bill and worked in the Senate Budget and Taxation Committee this year to help secure additional funding for the Biotech Tax Credit. She also was instrumental in stopping legislation that was harmful to tech and biotech incentives, extending the Research and Development Tax Credit and opposing the tech tax.
Executive of the Year - Moe Abutaleb: Abutaleb, who is president, CEO and co-founder of UltiSat Inc., has been involved in the telecommunications industry since 1977. Throughout his career, he has participated in and managed the definition, development and implementation of numerous space and ground-based products and systems. Abutaleb established and sold his first start-up company, ITCI, which developed and licensed hardware and software products in the secure communications and bandwidth management markets. His vision to "dream big" led to the founding of UltiSat (originally called Psi Systems) in 2003. As CEO of UltiSat, Abutaleb has managed the company's systematic, progressive and organic growth to a level of profitability that is more than double comparable businesses. Last year, under his leadership, the company grew revenues by 100 percent, doubled its staff and office space and acquired a Danish subsidiary.
CFO of the Year - Peter L. Buzy: Buzy is CFO, treasurer and executive vice president for Finance and Administration at Martek Biosciences Corporation, which is now a part of DSM. He joined Martek in 1998 as its CFO and has been instrumental in the company's growth and success. His inspirational and ethical leadership turned the company's $13.5 million loss in 1998 into a $52 million profit last year. Buzy has executed license agreements with several major pharma and food companies and has acquired three companies for Martek that were valued at $275 million. Most recently, he was involved in negotiating a deal for the sale of Martek to its longtime partner, DSM, for $1.1 billion.
STEM Educator of the Year - Anthonette Peña: Peña is an 8th grade science teacher, at Stuart-Hobson Middle School in Washington, D.C. As a teacher, she strives to increase the number of underrepresented groups, specifically minorities and females, within the STEM (Science, Technology, Engineering and Mathematics) pipeline and encourages her students to consider STEM careers. Her innovative lesson plans are tailored for a variety of learning styles, including inquiry-based, hands-on learning and use of technology when possible. Prior to joining the Stuart-Hobson staff, Peña served as an Albert Einstein Distinguished Educator Fellow at the National Science Foundation (NSF) in the Division of Research on Learning in Formal and Informal Settings.
High Tech Firm of the Year - Aegis Mobile: Columbia, Md.-based Aegis Mobile is a national provider of mobile and compliance solutions that has been profitable since day one. Aegis' set of proprietary tools provides mobile marketing compliance, media intelligence, device testing, mobile websites, mCommerce solutions and mobile applications. The company works with Fortune 100 companies, educational institutions and other businesses in a variety of industries, as well as four of the six major mobile carriers, to ensure that mobile websites deliver timely, relevant and safe user experiences.
Emerging Company of the Year - Zyngenia, Inc.: Zyngenia, which is based in Gaithersburg, Md., is a biotechnology company founded in 2009 to focus on the development of next-generation multispecific, multivalent antibody-based drugs called ZybodiesTM. The company is an example of a successful public-private partnership, having received $25 million in combined venture funding from New Enterprise Associates (NEA), Montgomery County and the State of Maryland. Zyngenia has developed proprietary technology that enables it to create single molecule drugs that bind two or more drug targets simultaneously thereby enhancing efficacy and leading to new ways in which to target a number of different diseases. Zyngenia's first and second drugs are designed to be used in oncology and autoimmune indications, respectively.
Government Contracting Firm of the Year - NETCONN Solutions: Hagerstown, Md.-based NETCONN Solutions provides advanced technological solutions and enterprise systems design, analysis, and integration services for many agencies in the U.S Department of Defense. The company focuses on enterprise-level technical challenges in five key practice areas: information assurance tools and security, orchestrated migrations, value engineering, data center infrastructure and edge computing. For the 14 years it has been in business, the company has achieved positive revenue growth and is currently operating at over $30 million in revenue.
Biotechnology Firm of the Year - Novavax, Inc.: Novavax, Inc., which is based in Rockville, Md., is a clinical-stage biopharmaceutical company that is developing next-generation vaccines to prevent serious infectious diseases, such as pandemic and seasonal influenza, H1N1 and respiratory syncytial virus (RSV). Most recently, the company's breakthroughs have led to both a landmark flu vaccine multi-year contract with the Department of Health and Human Services Office of Biomedical Advanced Research and Development Authority valued at $179 million and a licensing agreement with a South Korean drug maker for the advanced clinical and manufacturing development of recombinant vaccines for the prevention of seasonal and pandemic influenza.
About the TCM Annual Tech Awards
Each year TCM recognizes the outstanding work and achievements of companies and individuals in the region that are helping Maryland to be one of the nation's premier technology states. Sponsors for the 23rd Annual Tech Awards included:
Platinum Sponsor: GlobalNet Services, Inc.
Award Sponsors: BDO, Comcast, Deltek, Human Genome Sciences, Kenyon & Kenyon, MedImmune, Watkins | Meegan
Gold Sponsors: Lockheed Martin, M&T Bank, Pillsbury Winthrop Shaw Pittman, Thales Communications, Inc.
Silver Sponsors: Biotechnology Industry Organization, Capitol College, Fisher BioServices, Johns Hopkins University Montgomery County Campus, PhRMA, Social & Scientific Systems
VIP Reception Sponsor: Iron Bow Technologies
Media Sponsor: The Gazette of Politics and Business
Bronze Sponsors: HarVest Bank of Maryland, Hewlett Packard, Hughes, iBiquity Digital Corporation, Independent Benefit Services, Lonza Walkersville, Montgomery College, PNC, Raffa, Robert Half Technology, TEDCO
ABOUT THE TECH COUNCIL OF MARYLAND
The Tech Council of Maryland (TCM) is the largest technology trade group serving the advanced technology and biotechnology communities of Maryland. TCM’s mission is to advocate for the interests of the technology community, further the role of technology in the Maryland economy, and nurture an environment where technology companies can collaborate, grow and succeed. For more information, visit www.techcouncilmd.com.