PercipEnz Technologies Honored as One of the 2010 “Wisconsin Companies to Watch”

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PercipEnz Technologies, Inc. has been recognized as one of the thirty 2010 “Wisconsin Companies to Watch,” an awards program presented by the Wisconsin Entrepreneurs’ Network (WEN) with support from the Wisconsin Department of Commerce and the Division of Entrepreneurship and Economic Development (DEED) at the University of Wisconsin-Extension in association with the Edward Lowe Foundation.

WI Company to Watch

I'm pleased that we could join the Wisconsin Entrepreneurs' Network in recognizing these dynamic, innovative companies

PercipEnz Technologies, Inc. has been recognized as one of the thirty 2010 “Wisconsin Companies to Watch,” an awards program presented by the Wisconsin Entrepreneurs’ Network (WEN) with support from the Wisconsin Department of Commerce and the Division of Entrepreneurship and Economic Development (DEED) at the University of Wisconsin-Extension in association with the Edward Lowe Foundation.

PercipEnz will be honored at an awards ceremony during the inaugural Wisconsin Companies to Watch gala on April 13, 2010, at the Monona Terrace Community and Convention Center in Madison.

Founded in 2000 and headquartered in Madison, PercipEnz develops enterprise-class clinical and translational research management software. The company’s flagship product, the OnCore® informatics system, is the United State's most widely adopted clinical research platform among academic research organizations and cancer centers.

“We’re honored to be receiving this award and joining this group of fantastic companies throughout the state. This recognition comes at a very exciting time in our company’s history as we just celebrated our 10th anniversary. We look forward to continuing to grow and contribute to the success of Wisconsin in the future,” said Srini Kalluri, president & CEO of PercipEnz.

“I’m pleased that we could join the Wisconsin Entrepreneurs’ Network in recognizing these dynamic, innovative companies,” said Commerce Secretary Richard J. Leinenkugel. “I’m confident that we will be watching and benefiting from their achievements in the years to come.”

“CTW recognizes companies at the crucial stage of growth where financial potential, concept and management have been established, and attracting talented workers, solid vendor relationships and access to peer learning are key components of future growth,” added Gayle Kugler. The Edward Lowe Foundation’s studies have shown second-stage companies are the ones who generate jobs and economic growth in their communities.

Companies making it to the Wisconsin Companies to Watch list are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the back-bone of Wisconsin’s economy. Representing all regions of the state and a diverse range of industries, companies like PercipEnz are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.

During 2005-2007, Wisconsin's resident companies averaged more than 33,500 second-stage establishments, according to YourEconomy.org, an online resource of the Edward Lowe Foundation. Those second-stage companies employed more than 800,000 workers (that's 36.7 percent of the jobs created by companies headquartered in the state).

Winners were selected by judges from the banking, economic development, entrepreneurial and angel communities.

Wisconsin Companies to Watch is presented by the Wisconsin Entrepreneurs’ Network (WEN) with support from the Wisconsin Department of Commerce and the Division of Entrepreneurship and Economic Development (DEED) at the University of Wisconsin-Extension in association with the Edward Lowe Foundation.

Support for Wisconsin Companies to Watch is generously provided by the Wisconsin SBDC Network, Madison Gas and Electric, Kenosha Area Business Association, Thrive and Reinhart Boerner Van Deuren SC. Additional services are provided by Wisconsin Economic Development Association and BioForward.

For more information visit: http://www.PercipEnz.com.

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Kerri Phillips
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