For Immediate Release: March 31, 2011
Selected by fundedIDEAS from over 2500 candidate companies
Huntsville, Alabama (March 31, 2011) – Synapse Wireless® today announced that the company has been chosen for inclusion in the 2011 Edition of the fundedIDEAS publication - TOP 300 STARTUPS. Synapse is the creator of the SNAP® network operating system which gives everyday devices a way to wirelessly interact with each other and the Internet.
Inclusion in TOP 300 STARTUPS demonstrates Synapse Wireless's commitment to innovation, sustainability and excellence. Synapse was specially selected by an eminent panel of business and industry leaders spanning the globe based on 14 parameters including strength of the management team, business model and execution strategy as well as industry and sector outlook.
“When we started Synapse four years ago, we wanted to develop a disruptive technology that could become a wireless standard for connecting billions of machines, appliances and sensors to one another and to the Internet,” said Wade Patterson, CEO of Synapse. “Today our technology is being used to create new product markets and revitalize existing vertical markets, like healthcare, lighting, and energy and asset management, creating new opportunities for growth in mature industries.”
"We are excited to feature Synapse Wireless as a TOP 300 STARTUP," said Jonathon Marcus, Editor with fundedIDEAS. “We are extremely confident of their ability to innovate and adapt to changing market and customer needs, while driving innovation in the sector."
Patterson continued, “We have successfully transitioned from a startup to a growth company in a very challenging economy thanks to the support of a solid group of investors. Today we are focused on leveraging our strong momentum to accelerate growth and shareholder returns.
TOP 300 STARTUPS winners were selected from a pool of 2,518 companies who secured institutional funding in 2010. The fundedIDEAS editorial team conducted a rigorous four-month selection process prior to inclusion.
About Synapse Wireless, Inc.
Synapse Wireless, Inc., located in Huntsville, Alabama, provides intelligent, wireless control and monitoring technology for machine-to-machine networks, based on the Internet-enabled SNAP® network operating system. Synapse’s Portal® and SNAP® Connect products provide a complete software development environment for easy application development and fast time to revenue. Synapse RF Engine® modules include an increasing number of MCU choices for both interoperability and second sourcing. Synapse offers a complete line of LED lighting products in support of Future Lighting Solutions’ Intelligent Lighting Platform (ILP) initiative. Synapse Design Services provides comprehensive design and implementation support for OEMs and partners. For more information, visit: www.Synapse-Wireless.com
9 out of 10 startups fail to achieve their stated business objectives. fundedIDEAS was established with the sole objective of discovering the ones that will. Rating each startup on 14 parameters, from strength of the management team, business model and execution strategy to industry and sector outlook – we deploy the most advanced methodology to establish the stability, sustainability and outlook of venture funded startups. To know more, please visit www.fundedIDEAS.com
For more Information
Vice President, Synapse Wireless
1 256-852-7888 x106
Synapse and the Synapse logo are trademarks or registered trademarks of Synapse Wireless, Inc. All other product or service names are the property of their respective owners. All Synapse products are patented or patent pending. © Synapse Wireless Inc. 2011.