CAMBRIDGE, Mass. — May 9, 2008 — Endeca Technologies, Inc., an information access software company, today announced that it has been chosen by AlwaysOn as one of the Northeast 100 Top Private Companies. The first-annual Northeast 100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the list, companies in the Northeastern United States had to be creating new business opportunities in high-growth markets, demonstrating significant market traction and pursuing game-changing technology in a key sector. AlwaysOn received hundreds of nominations for this year's list.
"For the first annual elite Northeast 100 list we surveyed more than 500 venture investors, investment bankers, and technology insiders, who nominated hundreds of companies to determine the Northeast 100 winners," said Tony Perkins, Founder and Editor, AlwaysOn Network. "Each of the Northeast 100 winners had to demonstrate leadership among their peers in the following areas: innovation, market opportunity, commercialization, media buzz, and stakeholder value creation. We congratulate them all on this great honor!"
Endeca's information access technology is used across a wide range of industries and use cases and spans three established technology segments: enterprise search, business intelligence and databases. More than 40 of the top 100 online retailers use Endeca to power their shopping experiences and online merchandising. Of the 18 Federal agencies that make up the US intelligence community, 12 use multiple Endeca applications to explore and analyze mountains of human, signal, and imagery intelligence. And two of the Big 3 Automotive manufacturers are among the dozens of the world's largest aerospace & defense, automotive, consumer electronics, heavy equipment and industrial equipment manufacturing companies that use Endeca to improve product designs, reduce materials costs and streamline their supply chains.
Endeca's customers include market leaders like ABN AMRO, Boeing, Cox Enterprises, Dell, Marriott International, Nike, Standard Chartered Bank, Walmart.com and government agencies like the Defense Intelligence Agency and the Environmental Protection Agency.
"Endeca's success to date has been largely due to the broad applicability of the technology and its unique ability to address problems that legacy search, database and BI technology has failed to adequately solve," said Steve Papa, chief executive officer of Endeca. "This achievement is a recognition of our team, and we are extremely proud to be recognized as a disruptor and for our commitment to continued innovation."
About Endeca
Endeca's innovative information access software helps people explore, analyze, and understand complex information, guiding them to unexpected insights and better decisions. The Endeca Information Access Platform, built around a new class of access-optimized database, powers applications that combine the ease of searching and browsing with the analytical power of business intelligence. More than 500 leading global organizations including ABN AMRO, Boeing, Cox Newspapers, the (US) Defense Intelligence Agency, Dell, Ford Motor Company, Hyatt, IBM, John Deere, the Library of Congress, Texas Instruments, and Walmart.com rely on Endeca to power business-critical applications that increase revenue, reduce costs, and streamline operations.
Headquartered in Cambridge, MA, Endeca has operations in North America, Europe and Asia. For more information: endeca.com or info@endeca.com.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
Contacts:
Craig VerColen
Endeca
617-674-6190
cvercolen@endeca.com
For AlwaysOn Venture Summit East
Lois Paul & Partners
Michael Parker
781-782-5714
alwayson@lpp.com