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May 11, 2011

Maryland tech company winners

The Tech Council of Maryland gave out its annual round of awards last night for different categories. The nonprofit council has about 500 member companies and individuals. Without further ado, the winners:

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 Zybodies™. 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). The company's breakthroughs have led to both a landmark flu vaccine contract and licensing agreement with a South Korean drug maker valued at $179 million and a multiyear contract with the Department of Health and Human Services Office of Biomedical Advanced Research and Development Authority for advanced clinical and manufacturing development of recombinant vaccines for the prevention of seasonal and pandemic influenza.

This is an archived version of the technology blog. For updated coverage, see the current baltTech location:
Posted by Gus Sentementes at 8:50 AM | | Comments (0)
Categories: *NEWS*

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About Gus G. Sentementes
Gus G. Sentementes (@gussent on Twitter) has been writing for The Baltimore Sun since 2000. He's covered real estate, business, prisons, and suburban and Baltimore City crime and cops. He was one of the first reporters at The Sun to use multimedia tools and Web applications -- a video camera, an iPhone -- to cover breaking news. He hopes to cover Maryland geeks and the gadgets and Web sites they build, and learn -- and share -- something new every day.

Gus has a wife, a young daughter and two feuding cats. They live in Northeast Baltimore.
This is an archived version of the technology blog. For updated coverage, see the current baltTech location:

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