Upsite Technologies Selected as New Mexico Flying 40 Award Recipient
ALBUQUERQUE, NM, June 22, 2010 – The New Mexico Flying 40 awards are given each year by Technology Ventures Corporation to the top 40 revenue-generating technology companies in the state. Upsite Technologies (http://www.upsite.com), based in Albuquerque, New Mexico, was selected for this award based on the successful sales growth of its data center sealing products, KoldLok grommets and HotLok blanking panels.
The selection criteria are based on revenue and revenue growth. Last year’s Flying 40 companies had combined revenues of more than $811 million and employed over 4,300 people in New Mexico. Upsite Technologies’ 2010 sales projections reflect a 10% increase over 2009.
According to Forbes Magazine, “The greater Albuquerque region is the single ‘best place for business and careers’.” TVC President Sherman McCorkle states, “It’s these technology-based companies that caused Forbes to rank us number one. 2009 was a difficult year for everyone in business, and our technology-based economy sector was no exception. Given these challenges, the Flying 40 continues to be an example of the finest New Mexico has to offer.”
Lynley O’Donnell, Upsite’s Chief Operating Officer, attributes the company’s success to the engineering behind the products. “We are a company that values innovation and employs a holistic understanding of the data center environment. Our products are engineered to be easy-to-use solutions for our customers.”
To learn more about the New Mexico Flying 40, visit the Technology Ventures Corporation website, http://www.techventures.org.
About Upsite Technologies
Upsite Technologies, Inc. innovates and manufactures highly engineered sealing products and diagnostic and remediation service solutions to maximize computer room airflow efficiency. Our award winning, patented product and service lines include KoldLok® grommets, HotLok® blanking panels and Upsite Services. Upsite is an ENERGY STAR Service and Product Provider Partner.