Bethesda, Maryland (PRWEB) May 30, 2014
Maryland-based company, KoolSpan Inc, developer of patented, hardware-based mobile security applications, was named “Emerging Firm Of The Year” in the 26th Annual Industry Awards ceremony by the Tech Council of Maryland (TCM), Maryland’s largest technology trade association for life science and technology.
With more than 700 technology and business leaders from around the state in attendance, the awards ceremony took place on May 15th and honored technology firms that exemplify talent, dedication, and innovation, and play a vital role in Maryland’s thriving technology community. KoolSpan was one of nine winners to receive a prestigious accolade from the Tech Council of Maryland.
“We are honored to be recognized alongside other firms that are representative of Maryland’s innovative and prospering technology community,” said Gregg Smith, Chief Executive Officer of KoolSpan, Inc. “This award recognizes the dedication, hard work, creativity, and innovation representative of our employees and company culture.”
KoolSpan, Inc. develops hardware-based encryption and security applications to protect data and voice communications over network-connected devices. The core of KoolSpan’s technology is its Trust Chip, a validated technology deployed in more than 50 countries powering security offerings from S-1, the security division of Samsung, and AT&T’s voice encryption platform. Based in Bethesda, Maryland, KoolSpan also has earned an industry-wide reputation for innovation and a solid business model. The company holds 20 patents and was named one of Federal Computer Week’s “Hot Companies to Watch.”
“Through global expansion and the continued emergence of cutting-edge technology, innovation and ideas, we look forward to continue making a positive contribution to Maryland’s influential technology industry,” said Gregg Smith.
With 20 patents underlying its technology, KoolSpan, Inc. offers communications security to companies and government agencies worried about loss or theft of intellectual property, vital information and proprietary assets. KoolSpan develops hardware-based encryption and security applications to protect data and voice communications over network-connected devices. The foundation for KoolSpan encryption is TrustChip®, a hardware-based security platform delivered through a secure microSD processor. It protects connected devices including cell phones, office network phones, laptops, and tablets, PCs, desktop phones and servers.
KoolSpan is a privately held and based in Bethesda, Md. For more information, visit http://www.koolspan.com , follow us on Twitter @KoolSpan1 and at Facebook.com/KoolSpan.