EAST HAVEN, Conn. — Netkey, provider of solutions for self-service kiosks and digital signage, has won the Fiondella Milone LaSaracina "Deal of the Year" Award. The award was presented during the second annual Innovation Pipeline Awards and Technology Showcase in Norwalk, Conn.
Netkey also was named by the Connecticut Technology Council as one of 100 technology "companies to watch" for 2008.
According to a news release, the award was presented in recognition of Netkey's acquisition of Alpharetta, Ga.-based Webpavement, which develops software to manage networks of digital displays. The transaction has propelled Netkey to a leadership position in the fast-growing digital-signage market, which is expected to exceed $2.5 billion by 2011.
Netkey digital signage software is used by hundreds of organizations worldwide including Clear Channel, Kellogg's, Pfizer, the University of Houston and the United Nations.
"This is a great honor and we appreciate being recognized for the hard work and success we have achieved," said V. Miller Newton, chief executive officer of Netkey.
The Connecticut Technology Council (CTC), the state's industry association for the technology sector, annually recognizes companies with an innovative product and a business model that demonstrates potential for future success. The awards are the result of a nomination and judging process that engages dozens of technology leaders from corporations such as Pitney Bowes, GE, UTC and Open Solutions and firms such as law firms Cantor Colburn, LLP, Edwards Angell Palmer and Dodge, LLP, and the accounting firm Fiondella, Milone, and Lasaracina.
