ACTON, Mass. — June 22, 2010 — Lumigent Technologies, Inc., the GRC application controls monitoring company, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn East Top 100 winners. Inclusion in the AlwaysOn East 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.
The AlwaysOn East 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.
Lumigent was selected by the AlwaysOn editorial team and industry experts spanning the globe based on the company’s innovation, market potential, commercialization, stakeholder value, and media buzz.
“After examining the companies that are on the AOE100 list, it’s obvious that innovation is not only alive and well on the East Coast, it’s accelerating in economic power and scope,” says Tony Perkins, founder and editor of AlwaysOn. “The companies certainly represent some of the highest-growth opportunities in the private company marketplace.”
“We are honored that AlwaysOn has recognized Lumigent and our commitment to deliver innovative solutions to the market,” said Jay Muelhoefer, vice president of marketing at Lumigent. “Such an accolade underscores our dedication to meet the current and future demands for improving audit efficiency, reducing operational risk, and increasing fraud detection.”
Lumigent and the AlwaysOn East Top 100 companies are being honored at AlwaysOn’s Venture Summit East event, June 21-23, 2010, at Harvard Business School in Boston.
For more information on Lumigent, visit www.lumigent.com and the Lumigent blog at http://www.lumigent.com/blog/. Follow Lumigent on Twitter at @Lumigent or Facebook at http://www.facebook.com/Lumigent.
Resources
Lumigent website: http://www.lumigent.com
Lumigent blog: http://www.lumigent.com/blog/
Lumigent on Twitter: http://www.twitter.com/Lumigent
Lumigent on Facebook: http://www.facebook.com/Lumigent
Lumigent press releases: http://www.lumigent.com/news_events/press_releases.html
Lumigent executive commentaries: http://www.lumigent.com/news_events/executive_commentaries.html
About Lumigent
Lumigent mitigates business risk, error and fraud detection, and reduces the total cost of compliance by ensuring the integrity of application controls and data that drive critical business processes, reducing the need for extensive audit sampling or manual reporting. Lumigent’s AppGRC® is an off-the-shelf business application optimized for the needs of Finance, Audit/Compliance, and IT that continuously monitors hundreds of key application controls and data across multiple business systems. Lumigent has over 500 customers, including over half of the Fortune 100. Lumigent has been in business for over 10 years and is headquartered in Acton, MA. For more information, please visit www.lumigent.com.
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Lumigent, the Lumigent logo, AppGRC and The Camera in the Vault are trademarks or registered trademarks of Lumigent Technologies, Inc. Other product and company names are property of their respective owners.
Contact:
Kari Curto, media relations for Lumigent
TECHMarket Communications
650.504.1076
[email protected]
