Fandotech's increase in revenues of 243 percent from 2005 to 2008 resulted in their inclusion and ultimate first place designation in the IT Services category of this year’s Tech Top 40.
Online PR News – 27-October-2009 – – In late September Fandotech was named to the Connecticut Technology Council’s 2009 UHY LLP Tech Top 40 program, a celebration of the 40 fastest growing Software, IT, New Media, Advanced Manufacturing, Energy/Telecom/Green Tech and Life Sciences companies in Connecticut. Selection was based on the percentage revenue growth over four years from 2005-2008.
At the Council’s award ceremony held Thursday, October 22, 2009 Fandotech was awarded the designation of being the fastest growing IT Services company in Connecticut.
Fandotech's President, John W. Boyd, Jr., accepted the award on behalf of his team. Aknowledging that it's been a challenging year for businesses in CT he attributed growth in IT services to the strong, competitive enviornment in the state. John credits the evolution of managed cloud based services with the company's 243 percent revenue growth from 2005-2008. Boyd said, “Fandotech will continue to grow their team's capabilities and their revenue with capital, competition and collaborative efforts."
After the award presentation, Fandotech's VP of Business Development, Brian Doyle, praised his team. “This is an exciting award for our team. It is a testament to the hard work and commitment that each of our team members make in delivering best of breed solutions to our clients. It is a great honor for us to receive this award from the Connecticut Technology Council and we thank them for their efforts in recognizing the great wealth of industry talent that Connecticut has to offer.”
Fandotech's increase in revenues of 243 percent from 2005 to 2008 resulted in their inclusion in the IT Services category of this year’s Tech Top 40.
To qualify for the UHY LLP Tech Top 40, companies must have had operating revenues of at least $50,000 in 2004 and $3,000,000 in 2008, be headquartered in Connecticut, and be own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
For more information on the UHY LLP Tech Top 40 and/or the CTC please visit the CT Technology Coucil’s website at www.ct.org.
Fandotech provides business solutions from the desktop to the data center. Our data center facilities are supported 24/7/365 by our certified team, delivering cloud technology solutions to companies of every size. Along with application development and on-site managed services, our three data centers provide hosting, colocation and managed network services. Currently monitoring and operating client assets from Boston to the Hudson Valley, Fandotech is well positioned to support our clients’ business goals.
About UHY LLP
UHY LLP is a licensed independent CPA firm that performs attest services for UHY Advisors, Inc. UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name “UHY Advisors.” UHY Advisors, Inc. and its subsidiary entities have more than 1300 professionals providing services from 23 offices across the United States. UHY Advisors, Inc and its subsidiaries are not licensed CPA firms. UHY LLP and UHY Advisors, Inc. are independent members of UHY International. www.uhyllp-us.com
About The Connecticut Technology Council, Inc.
The Connecticut Technology Council is the state’s industry association for the technology sector. CTC’s mission is to “connect people, ideas and opportunities to the global technology and innovation community.” CTC provides members with business assistance and specialized programs, in addition to promoting and supporting public policies that position Connecticut to have a globally recognized “culture of innovation” that helps attract great ideas and entrepreneurs to in turn develop new jobs and wealth for the state. www.ct.org