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Three EDC Clients Win 2012 Prometheus Awards

CEDAR RAPIDS, IA–APRIL 12, 2012–The Entrepreneurial Development Center (EDC) is pleased to announce that three of its clients were among the Corridor businesses recognized last night at the seventh-annual Prometheus Awards, hosted by the Technology Association of Iowa (TAI). This distinguished list of clients includes: Genova Technologies, Involta and Ovation Networks.

Cedar Rapids-based Genova Technologies received the award for Top Growth Company of the Year. Genova employs nearly 150 and specializes in project management, custom software development, requirements gathering and IT consulting nationwide.

Involta, headquartered in Marion, IA, won IT Service Provider of the Year. Involta builds, owns and operates Tier III data centers in the Midwest.
Ovation Networks, based in downtown Cedar Rapids, won Best User of Technology. Ovation Networks develops and supports wireless technology for the hotel industry, including software that manages Wi-Fi access, 24×7 Guest Support, and energy management hardware and services.

The 2012 Prometheus Awards, held April 11, at Veterans Memorial Auditorium in Des Moines, IA, recognizes companies, innovations and individuals that positively impact Iowa’s technology-based economy. A record crowd of over 600 people were in attendance at the Awards to celebrate the best and brightest technology companies in Iowa.
“We are proud of our clients for their achievements and for being recognized at the 2012 Prometheus Awards,” said Curt Nelson, President and CEO of the EDC. “The Prometheus Awards has grown into one of the preeminent business honors in Iowa. Many of the state’s key business and technology leaders came together to celebrate the contribution these entrepreneurial companies have on Iowa’s economy and on the advancement of technology, worldwide.”

Cyber-Anatomy (Iowa City) was another Corridor company to be recognized at the 2012 Prometheus Awards. Cyber Anatomy received awards for Outstanding Startup Company of the Year and Innovation in Teaching. Additionally, Stackd, also based in Iowa City, received Student Innovation of the Year.
In addition, EDC client MobileDemand (Hiawatha), was a finalist for Technology Company of the Year (Large/Enterprise) and its CEO, Matt Miller, was a finalist for CEO of the Year. Ovation Networks was also finalist for Technology Company of the Year (Small/Medium), Clean Technology Company of the Year and IT Service Provider of the Year.Clickstop (Urbana) was finalist for Top Growth Company of the Year, Technology Company of the Year and CEO, Tim Guenther, CEO of the Year. Terpenoid Therapeutics (Coralville), another EDC client, was a finalist for Life Sciences Company of the Year.

EDC was a Major sponsor of this year’s Prometheus Awards along with Applied Art, Merit Resources and Microsoft. LWBJ Financial was Title sponsor of the event.

About the EDC
The Entrepreneurial Development Center was incorporated in 2003 as a community-sponsored, non-profit business accelerator. The company provides economic growth through the development and expansion of entrepreneurial enterprises and has successfully assisted over 500 Iowa-headquartered businesses. Its focus is on creating local wealth for area re-investment by growing and cultivating regional, national, and international businesses. Visit www.edcinc.org for details.