Technology Shines at 2007 New Jersey Venture Conference
SOMERSET, New Jersey. - March 23, 2007 – ’
The Palace was the backdrop for technology’s royalty last week when the New Jersey Technology Council (NJTC) crowned the “Best in Show” at the 2007 NJ Venture Conference. Gedae, Inc. of Moorestown, NJ received the Most Innovative Product of the Year award and garnered much attention from the impressive collection of investor attendees.
“We are pleased to accept this award. It is a validation of the hard work and perseverance we have put into this company and product” said William Lundgren, President/CEO of Gedae, Inc. He continued, “The need for multithread programming language and compiler in order to advance computing is obvious. We are pleased to be the recognized solution for filling that need.”
The annual daylong Venture Conference drew a crowd of more than 600 entrepreneurs and investors looking for the next great deal and over 60 companies from various sectors including life sciences, IT, energy/environment, communications and entertainment ready to show off their exciting technologies.
The NJTC offers a host of premier financing conferences throughout the year, but according to NJTC President and CEO Maxine Ballen, the Venture Conference is one of the Council’s most exciting events. “This is the event I look forward to all year long because the exhibiting companies and the investors who come out to see them are a testament to the NJTC’s work,” she said. “We strive to create a business climate where technology can flourish and the Venture Conference is a day when we are able to see the fruits of our labor as a community.”
“Gedae, Inc. is a company to watch in 2007,” said Ballen continued. “It is an example of the best this region has to offer. In fact, this year’s Venture Conference attracted some of the most exciting companies we’ve seen in years as well as an incredibly impressive collection of the region’s most prestigious investors.”
The mission of Gedae [‘jE dA] Inc. is to reliably deploy to military personnel the most advanced technology available, which is achieved by automating software development technology. Modern systems at times rely on implementing system complexity in software. Gedae simplifies the development complexity to ultimately enhance the quality of the software.
Gedae, Inc. delivers a software development environment for multithread applications with its multithread compiler and a language also known as “Gedae.” The environment surrounds these core components with a suite of supporting tools to define and implement the threads. Gedae recognizes the architecture of the target and crafts a complex application, using simple software components: highly optimized vector and interprocessor communication routines. This automation means that organizations can build their software early and explore various architectures using simulations or real hardware — never having to rewrite their software.
The NJTC is a membership organization dedicated to supporting technology companies in the region. In addition to a full calendar of programs and events related to various tech sectors, upcoming events include the NJ CIO Conference on April 20 in Summit, the NJTC Bootcamp on May 23 in Princeton, and the CFO Awards on June 15 in Jamesburg. Visit www.njtc.org for information about these events, NJTC membership and the NJTC calendar of programs.
Press Contacts |
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Jeremy Lundgren |
Bari Faye Siegel |