TechAmerica, Illinois Executives Open NASDAQ Stock Market

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Mon Nov 9, 2009 12:08pm EST

Initiative Highlights Illinois High-Tech Industry and Statewide Technology
Index 

OAKBROOK TERRACE, Ill., Nov. 9 /PRNewswire/ -- In continuation with ongoing
efforts to raise visibility for the high-tech industry in Illinois,
TechAmerica Midwest and several Illinois high-tech executives will convene in
New York City to open the NASDAQ Stock Market on Tuesday. The event, arranged
by TechAmerica, will also emphasize the association's Illinois Technology
Index (ILTI), and the winners of the 2009 Chicago Innovation Awards. 

(Logo: http://www.newscom.com/cgi-bin/prnh/20090319/TECHAMERICALOGO )

In May 2008, TechAmerica and The NASDAQ Stock Market unveiled the ILTI, the
first statewide public technology index in the United States. The
public-private partnership, supported by the Department of Commerce and
Economic Opportunity, Grant Thornton LLP, Baker & McKenzie, and the Illinois
Biotechnology Industry Organization (iBIO), tracks all public companies
headquartered in Illinois from major sectors including high tech
manufacturing, information technology, biotech, alternative fuels, and life
sciences.

"As the leading technology association in the country, TechAmerica and our
members continue to lead efforts to promote our industry and support growth
and innovation in Illinois and throughout the United States," said T. Kendall
Hunt, Chairman, CEO, VASCO Data Security, Inc., and Chairman, TechAmerica
Midwest. "Illinois' outstanding companies, universities, talent pool, R&D
capabilities, and quality of life make the state a unique and attractive place
to do business."

TechAmerica continues to lead targeted workforce, economic development, and
legislative initiatives to elevate Illinois' position as a leading technology
employer and innovator. TechAmerica is also a proud sponsor of the annual
Chicago Innovation Awards and is pleased to promote the winners of 2009,
several of which will be participating in the Illinois NASDAQ open.

"Opening the NASDAQ market further demonstrates TechAmerica's ongoing
dedication to promote Illinois' high-tech industry," said Ed Longanecker,
Executive Director and Regional Director of State Government Affairs,
TechAmerica Midwest. "We must continue to support innovation and growth in
this critical industry. High-tech positions command higher salaries and these
companies attract investment and talent to the state."

Attending executives represent many of Illinois' leading technology companies
and employers, including both emerging companies and many of Illinois' most
influential innovators. Participating companies and organizations include: 

Cabot Microelectronics Corporation (Nasdaq (GS): CCMP); Baker & McKenzie LLP;
comScore, Inc. (Nasdaq (GM): SCOR); Electronic Knowledge Interchange; Grant
Thornton LLP; HERO Pipe; Illinois Department of Commerce & Economic
Opportunity; Illinois Science & Technology Coalition; InnerWorkings, Inc.
(Nasdaq (GM): INWK); iTRACS; Littelfuse, Inc. (Nasdaq (GS): LFUS); Microsoft
Corporation (Nasdaq (GS): MSFT); Nextend; PCTEL, Inc. (Nasdaq (GM): PCTI);
Rescue Vac Systems, Inc.; SVB Financial Group (Nasdaq (GS): SIVB); SNTial
Technologies, Inc.; Supply-Chain Services, Inc.; Tellabs, Inc. (Nasdaq (GS):
TLAB); Telular Corporation (Nasdaq (GM): WRLS); Tripp Lite; VASCO Data
Security International, Inc. (Nasdaq (GM): VDSI); Visible Vote; and Zebra
Technologies Corporation (Nasdaq (GS): ZBRA).

2009 Chicago Innovation Awards winners:
Aircell, for Gogo Inflight Internet Service; comScore, Inc., for ComScore Ad
Effx Suite; Groupon, for collective buying power; EveryBlock, for local news
feeds; Rescue Vac Systems, Inc., for the Rescue Vac 800 Series Rescue Kit;
Suncast Corporation, for the No Crank Water Powered Hose Reel; The Art
Institute of Chicago, for its new Modern Wing; The Robotic Surgery Program of
the University of Illinois at Chicago; Tripp Lite, for its ECO Series
Uninterruptable Power Supply System; Visible Vote, for providing citizens
expanded access to their elected officials.

The First People's Choice Award of the Chicago Innovation Awards
The global health care company Abbott was named winner of the first People's
Choice Award of the Chicago Innovation Awards, winning an open vote on the
Internet that attracted more than 11,000 ballots. The Nutrition Division of
Abbott was recognized for its innovation -- a new way of packaging Abbott's
well-known Similac baby formula to make formula preparation easier.

The Innovation Visionary Award
Chicago firefighter Lt. Michael Wielgat was named winner of the 2009
Innovation Visionary Award for his invention and development of the HERO Pipe,
a system that is seen as having great potential for fighting fires in high
rise buildings. The system has shown impressive capacity to rapidly knock down
fires on floors that cannot be reached by ladders.

The Young Innovator Award
Matthew Morris and Michael McCoy, recent graduates of the Liautaud Graduate
School of Business at UIC were awarded the 2009 Young Innovator Award for
development of Heartsounds, a business that is developing sound separation
technology developed at UIC to build highly sensitive and precise cardiac
monitoring systems that can detect ailments of the heart. The device is on the
verge of FDA approval.

About TechAmerica
TechAmerica is the leading voice for the U.S. technology industry, which is
the driving force behind productivity growth and jobs creation in the United
States and the foundation of the global innovation economy.  Representing
approximately 1,500 member companies of all sizes from the public and
commercial sectors of the economy, it is the industry's largest advocacy
organization and is dedicated to helping members' top and bottom lines. It is
also the technology industry's only grassroots-to-global advocacy network,
with offices in state capitals around the United States, Washington, D.C.,
Europe (Brussels) and Asia (Beijing).  TechAmerica was formed by the merger of
AeA (formerly the American Electronics Association), the Cyber Security
Industry Alliance (CSIA), the Information Technology Association of America
(ITAA) and the Government Electronics & Information Technology Association
(GEIA).  Learn more at www.techamerica.org. 




SOURCE  TechAmerica

Anne Caliguiri, +1-703-284-5305, anne.caliguiri@techamerica.org, or Ed
Longanecker,  +1-630-282-4332, ed.longanecker@techamerica.org, both of
TechAmerica
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