Maynard, MA – April 2, 2008 – Covergence®, the leading provider of next generation Session Border Control solutions, 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.
Covergence provides networking equipment that offers a clear and cost-effective transition path for enterprises and service providers migrating from traditional voice services to IP-based networks. Covergence’s Session Manager session border control solutions gives businesses a single point of security, management and control policy enforcement, supporting real-time services users demand like video, voice, presence and IM. This unique capability enables Covergence customers to exert holistic control over users, access, sessions and services while also ensuring compliance and cost-effectively integrating unified communications throughout their entire organization.
“Inclusion in AlwaysOn’s listing of the top 100 companies in the Northeast validates that Covergence is positioned at the forefront of the unified communications market that is set to expand rapidly within the immediate future,” said Covergence President and CEO Bob O’Neil. “Covergence’s innovative solutions help companies large and small integrate their real-time communications within their network so they can experience the productivity gains from unified communications without the usual large capital expenditure. The growth we have witnessed already among early adopters has demonstrated what we expected to be true – companies know that they are failing to make the most of their IP networks and recognize the opportunity to save significant costs while improving policy enforcement.”
Covergence and the Northeast 100 Top Companies for 2008 will be honored at the AlwaysOn Venture Summit East to be held April 7 – April 9, 2008, at the Four Seasons Hotel in Boston, MA. Venture Summit East a two-day gathering that highlights the significant economic, political and technology trends impacting the global growth investor. Venture Summit East features the most influential institutional investors, venture capitalists, corporate buyers, investment bankers and research analysts in the Eastern US in keynote presentations and panel debates. The idea behind the Northeast 100 companies list is to identify the most promising entrepreneurial opportunities and investments in the Northeast region’s technology industry.
“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!”
About The AlwaysOn Venture Summit East
Venture Summit East is a two-day gathering that highlights the significant economic, political and technology trends impacting the global growth investor. Venture Summit East features the most influential institutional investors, venture capitalists, corporate buyers, investment bankers and research analysts in the Eastern US in keynote presentations and panel debates. The goal of Venture Summit East is to match growth-company buyers and sellers and identify the most promising innovation-driven, growth investment opportunities.
About Covergence
Covergence is the leader in scaling, securing and controlling VoIP and other real-time services. The award-winning Covergence Session Manager combines traditional session-border-control functionality with comprehensive security features and management tools. The Covergence Session Manager is purpose-built to securely and reliably connect users to VoIP and multi-media services while giving organizations the complete control and visibility they require.
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.
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