MassEcon Announces Finalists for its Ninth Annual Team Massachusetts Economic Impact Awards

WATERTOWN, MA – MassEcon has announced that Vecna Technologies, Inc., has been named among nineteen finalists from across the state for the Team Massachusetts Economic Impact Awards, awarded annually by MassEcon. The awards celebrate companies that have made an outstanding contribution to the Massachusetts economy. These finalists, representing companies from the Merrimack Valley to the Pioneer Valley, will present one-minute elevator pitches describing their growth in the Bay State to a panel of judges and business leaders on September 12, 2012, at the UMass Club in Boston. The Secretary of Housing and Economic Development, Greg Bialecki, will be the featured guest at the event.

“As the state makes its way through economic recovery, we’re thrilled to recognize the businesses in Massachusetts that are expanding, such as Vecna,” said Susan Houston, Executive Director, MassEcon. “Our finalists demonstrate that growth in the Commonwealth is not limited to one region or one industry. We are fortunate to have such a diverse group of companies contributing to the prosperity of Massachusetts.”

Vecna Technologies was chosen because of its recent growth and contribution to job creation in Massachusetts. With total employees increasing by approximately 50% in the last year, Vecna has maintained its position of leadership as a cutting-edge and innovative healthcare IT services firm. Vecna is committed to providing exceptional solutions and tools to healthcare facilities to better serve patient populations in Massachusetts and throughout the country.

“We are honored to be part of such a diverse and distinguished field of finalists and to receive recognition for the work that we are doing to improve healthcare delivery. Our company motto has always been ‘Better Technology, Better World,’ and we are committed to realizing that motto through the community service that our employees render and the quality of the products we provide. Our patient self-service, infection surveillance, and hospital logistics solutions all center around improving the healthcare experience for patients and providers so that it is more efficient and effective. With a growing team and expanding product lines, we are looking forward to future opportunities to innovate and contribute in the healthcare space,” said Deborah Theobald, Vecna’s Chairwoman and CEO.

MassEcon selected the finalists based on their job growth, facility expansion, and investment since January 1, 2011, as well as other criteria including community involvement. Together this year’s finalists have added over 2,000 jobs to the Commonwealth, invested nearly $250 million, and expanded their facilities by more than 1.5 million square feet since January 2011. Finalists compete on a regional basis, defined as West, Central, Southeast, Northeast, and Greater Boston. From the pool of finalists, a gold, silver, and bronze winner will be selected from each region.

“Our world-leading innovation economy is driven by entrepreneurial companies like the Team Massachusetts award finalists and other companies like them around Massachusetts,” Greg Bialecki, the Secretary of Housing and Economic Development added. “The Patrick-Murray Administration appreciates the investment these firms are making in our economy and our long-term economic development plan prioritizes the innovation economy in an effort to help these companies succeed.”

The companies chosen as finalists for the 9th Annual Team Massachusetts Economic Impact Awards are listed below.

WEST:

Polymer Corporation – Palmer
Savage Arms – Westfield
Thing5 – Springfield

SOUTHEAST:

Aquabotix – Fall River
Cheer Pack – West Bridgewater
Lacerta Group – Mansfield
Sysco Boston LLC – Plympton

NORTHEAST:

Acme Packet – Bedford
Cabot Corporation – Haverhill
EMD Millipore – Billerica
Pharmalucence – Billerica
Thermo Fisher Scientific – Tewksbury

CENTRAL:

Classic Envelope – Douglas
IPG Photonics Corporation – Oxford
Quiet Logistics — Devens

GREATER BOSTON:

Boston Heart Diagnostics – Framingham
Brightcove – Boston
Pegasystems – Cambridge
Vecna Technologies – Cambridge

About MassEcon

MassEcon, founded in 1993, is a non-profit, non-partisan entity that serves as the state’s private sector partner in promoting Massachusetts as the premier choice for business growth. Its services include the state’s only Site Finder Service, which helps expanding and relocating companies find appropriate sites throughout the Commonwealth; the Research & Information Service, which provides companies with the information they need to evaluate the Commonwealth as a location to grow; and the Massachusetts Ambassadors, a network of civic and corporate leaders who help market Massachusetts as a place to do business.