FREMONT, Calif., May 20, 2013 /PRNewswire/ – iGATE Corporation (NASDAQ: IGTE) announced today that its Board of Directors has decided to terminate the employment of President and CEO Phaneesh Murthy. Concurrently, the Board has appointed Gerhard Watzinger as President and CEO on an interim basis. All changes are effective immediately.

The Board’s decision was made as a result of an investigation by outside legal counsel, engaged by the Board, of the facts and circumstances surrounding a relationship Mr. Murthy had with a subordinate employee and a claim of sexual harassment. The investigation, which is ongoing, has reached the finding that Mr. Murthy’s failure to report this relationship violated iGATE’s policy, as well as Mr. Murthy’s employment contract. The investigation has not uncovered any violation of iGATE’s harassment policy.

“The Board deliberated extensively on this matter,” said Sunil Wadhwani , Co-Founder and Co-Chairman of the Board of iGATE. “We recognize the significant contributions Mr. Murthy has provided over the past ten years in helping to establish iGATE as a leader in the IT industry. He has worked hard to improve the value of iGATE, and we greatly appreciate his efforts. However, as a result of this violation of iGATE policy, we asked Mr. Murthy to step down.”

Gerhard Watzinger , age 52, is a successful 29-year IT industry veteran, who previously served as an executive at iGATE from 1998 to 2003 in a number of roles, including CEO of the iGATE Solutions business (formerly Mascot Systems). During his tenure, Watzinger drove iGATE Solutions’ transition from a U.S.-centric operation to an international organization across four continents, closed some of the largest deals in the company’s history and increased the company’s market value by over 150%. Watzinger returns to iGATE from INTEL / McAfee, where he was EVP and Chief Strategy Officer. Previously, Watzinger also served as CEO of both SafeBoot and APT International, Partner and Managing Director at Price Waterhouse and Managing Director at CapGemini.

“Mr. Murthy’s departure was not related in any way to the company’s operational or financial performance, both of which remain strong,” said Ashok Trivedi , Co-Founder and Co-Chairman of the Board of iGATE. “iGATE will continue to focus on creating value for our customers and shareholders, while upholding the highest ethical standards in every area of our business. We are fortunate to have Gerhard Watzinger returning to iGATE during this transition. Watzinger possesses deep knowledge of iGATE’s business and he assumes his responsibilities as our Interim President and CEO with the full support of the Board.”

“iGATE has great resources and a deep bench of talent from which to draw upon to further create shareholder value,” said Mr. Watzinger. “We have a clear strategy that has put us in this strong position to maintain our successes into the future. Continuing to execute this strategy is our top priority.”

Mr. Wadhwani and Mr. Trivedi will work closely with Mr. Watzinger during his tenure as Interim President and CEO to ensure a seamless transition.

A Search Committee within the Board of Directors has been created, which will oversee the process for the identification and selection of a new President and CEO. The Committee has been charged with selecting an experienced industry veteran to take over as the permanent President and CEO and drive long-term growth for iGATE, while upholding the highest ethical standards, personally and professionally.

Mr. Watzinger has taken himself out of consideration for the role of permanent President and CEO, but he will serve as Interim President and CEO until the selection process is complete. The company does not expect to make any additional structural or executive leadership changes in the near future.

About iGATE

iGATE Corporation is the first integrated technology and operations (iTOPS) company providing full-spectrum consulting, technology and business process outsourcing, and product and engineering solutions on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS platform, iGATE’s multi-location global organization has a talent pool of more than 28,000 employees and consistently delivers effective solutions to over 300 companies including Fortune 1000 clients spanning verticals such as: banking and financial services; insurance and healthcare; life sciences; manufacturing, retail, distribution and logistics; media, entertainment, leisure and travel; energy and utilities; public sector; and independent software vendors. Please visit www.igate.com for more information.

iGATE Corporation is listed on NASDAQ under the symbol “IGTE.”

Forward-Looking Statements

Statements contained in this press release regarding the business outlook, the demand for the products and services, and all other statements in this release other than recitation of historical facts are forward-looking statements. Words such as “expect”, “potential”, “believes”, “anticipates”, “plans”, “intends” and other similar expressions are intended to identify such forward-looking statements. Forward-looking statements in the press release include, without limitation, forecasts of market growth, future revenues, future expectations concerning growth of business, cost competitiveness and expansion of global reach following the acquisition, and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating business; whether certain market segments grow as anticipated; the competitive environment in the information technology services industry and competitive responses to the Company’s acquisition of iGATE Computer; and whether iGATE can successfully provide services/products and the degree to which these gain market acceptance. Furthermore, in connection with the iGATE Computer acquisition, the Company has borrowed significant amounts, including through the issuance of high yield notes, and will need to use a significant portion of its cash flows to service such indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past. Additional risks relating to the Company are set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as well as the Company’s other reports filed with the Securities and Exchange Commission. Actual results may differ materially from those contained in the forward-looking statements in this press release. Any forward-looking statements are based on information currently available to the Company and it assumes no obligation to update these statements as circumstances change. This document does not constitute an offer to purchase or to sell securities in any jurisdiction.

SOURCE iGATE Corporation

RELATED LINKS
http://www.igate.com

SAN DIEGO, May 20, 2013 /PRNewswire/ – Volcano Corporation (NASDAQ: VOLC) a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced it will highlight its efforts to expand research and innovation surrounding its physiology technologies, including its Fractional Flow Reserve (FFR) and iFR^® (Instant Wave-Free Ratio™)¹ technologies, via various clinical and educational presentations and events at EuroPCR 2013 in Paris.

“Volcano is committed to making clinical and technological advances that expand access to functional management,” commented Michele Perrino , president of Europe, Middle East, Africa, and India Operations of Volcano. “Our focus at EuroPCR is to introduce our latest functional management technologies and clinical data, and demonstrate their potential to improve both patient care and the experience for our physician partners in Europe. Given our commitment to provide physicians with choice, we are excited to feature iFR^®, our novel hyperemia-free software modality, and our Verrata™ Pressure Guide Wire, which upon regulatory clearance will be our fifth new guide wire in five years.”²

Volcano will formally launch its iFR^® modality and CORE^® Integrated System, and display the Verrata™ Wire at the conference. Volcano will showcase its future and currently available physiology, imaging, and multi-modality systems products in the company’s exhibit hall booth #M71.

Featured events for Volcano include four live case symposia demonstrating the benefits of incorporating both FFR and our iFR^® modality in simple and complex cases, the presentation of the findings from the Adenosine Vasodilator Independent Stenosis Evaluation II (ADVISE II) study data at a hot line session, and over 10 scientific podium presentations featuring advanced physiology using Volcano products.

Key Events
Wednesday, May 22, 10:50 – 11:30 a.m.
Complex bifurcation stenting: LIVE demonstration of emerging techniques
LIVE iFR^® demonstration from Erasmus University Medical Center, Thorax Center – Rotterdam, The Netherlands
Theatre Bleu

Thursday, May 23, 9:45 – 11:45 a.m.
Adenosine Vasodilator Independent Stenosis Evaluation II (ADVISE II)
Hot Line – Evolving procedural strategies
Room 351                        

Thursday, May 23, 4:45 – 6:45 p.m.
Physiological Stenosis Assessment with FFR and Instant Wave-Free Ratio: We Need Both!
Live case demonstrations (simple and multivessel disease) from St. Thomas’ Hospital, London, followed by panel discussions
Theatre Bordeaux

Friday, May 24, 9:00 – 12:30 p.m.
Complex cardiovascular interventions and new techniques – Master LIVE demonstrations
Continuous LIVE FFR and iFR^® demonstrations from Sunninghill and Sunward Park Hospitals, South Africa and St Thomas’ Hospital – London, United Kingdom
Main Arena

Daily, 12:00 – 3:00 p.m.
Meet the iFR^® Experts
Booth #M71

About Volcano Corporation
Volcano Corporation is revolutionizing the medical device industry with a broad suite of technologies that make imaging and therapy simpler, more informative and less invasive. Its products empower physicians around the world with a new generation of analytical tools that deliver more meaningful information – using sound and light as the guiding elements. Founded in cardiovascular care and expanding into other specialties, Volcano is changing the assumption about what is possible in improving patient outcomes by combining imaging and therapy together. 

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  Any statements in this release that are not historical facts may be considered “forward-looking statements”.  Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties which may cause Volcano’s results to differ materially and adversely from the statements contained herein. Some of the potential risks and uncertainties that could cause actual results to differ include the pace and extent of market adoption of the company’s products and technologies; unexpected clinical trial results, including unexpected new clinical data and unexpected additional analysis of existing clinical data; unexpected regulatory actions or delays or government regulation generally; the company’s ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry and general public pricing pressures; unexpected manufacturing issues; growth strategies; timing and achievement of product development milestones; outcome of ongoing litigation; the impact and benefits of market development; product introductions; unexpected new data, safety and technical issues; market conditions; and other risks inherent to medical device development and commercialization. These and additional risks and uncertainties are more fully described in Volcano’s filings made with the Securities and Exchange Commission, including our recent quarterly report on Form 10-Q. Undue reliance should not be placed on forward-looking statements which speak only as of the date they are made. Volcano undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events.

¹ Our iFR^® software modality is approved in CE mark countries.
² Verrata™ Pressure Guide Wire is 510(k) and CE mark pending, and is not currently commercially available for sale.

SOURCE Volcano Corporation

RELATED LINKS
http://www.volcanocorp.com

LOS ANGELES, May 20, 2013 /PRNewswire/ – Ad Space Platform announces the release of its new ad management platform which is aimed at being one of the most advanced one-stop shop platforms that can accommodate all your ad space management and banner management needs and it also allows you to buy ads and sell ads as well! This new platform basically allows any website owner, mobile web ad space owner, or even people with Twitter pages to manage and monetize their ad spaces from one easy to use, advanced, control panel known as Ad Manager.

Adspace Platform is the name of the new platform and it is one of the most advanced ad management and banner management solutions currently available on the web and it comes with a price tag of FREE! That’s right, you can use this platform and website to manage all your ad spaces for completely FREE as if it was your very own ad management software you had installed on your website.

This new ad manager platform allows you to manage and monetize your website ad spaces, twitter ad spaces, mobile web ad spaces, and more AND it also natively integrates into WordPress and Joomla using an easy install plugin file which can be found on your Ad Manager control panel. This makes Ad Space Platform one of the most advanced Joomla banner management and wordpress banner management platforms currently available.

You can watch the quick tutorial video here that explains how to get started and use the platform to manage and monetize your ad space:
http://youtu.be/9_mzpIh5Yvo

Contact:
info@adspaceplatform.com

Photos:
http://www.prlog.org/12141009

Press release distributed by PRLog

SOURCE Ad Manager

RELATED LINKS
https://www.ad-manager.org

NEW ORLEANS, May 20, 2013 /PRNewswire/ — The Piedmont Triad Airport Authority has contracted with GCR Inc. to implement an Enterprise Resource Planning (ERP) system for the Piedmont Triad International Airport in Greensboro, North Carolina. The ERP implementation will include GCR’s AirportIQ Business Management application for agreement and revenue management; AirportIQ Project Management for capital project management; and Microsoft Dynamics 2012 ERP software.

As a strategic associate of GCR’s, Crowe Horwath LLP, one of the largest public accounting and consulting firms in the U.S., will be an active part of the project team.  GCR and Crowe Horwath will provide all implementation services to install, configure, train users and assure successful deployment of the ERP system. The system will deliver a fully integrated ERP based on a Microsoft platform. The ERP will form the foundation for business management at the airport and will drive lasting benefits for the Piedmont Triad Airport Authority.

GCR has over twenty years of experience in developing and integrating comprehensive technology solutions for the aviation industry, and has successfully implemented a wide range of ERP systems at airports.  GCR began developing aviation technology solutions in 1987, and implemented its first airport revenue management system, the AirportIQ Business Manager (ABM), in 1998. Since that time, GCR has implemented ABM and related financial management solutions at approximately 30 airports in the United States and internationally. The GCR team will have the ERP operational by December 31, 2013.

About GCR
GCR Inc., an international professional services firm, partners with government and commercial clients to deliver consulting services and technology solutions in aviation, disaster recovery, elections, nuclear power, public safety, right-of-way and urban planning… For more information, visit http://www.GCRincorporated.com/.

About Crowe Horwath
Crowe Horwath LLP (www.crowehorwath.com) is one of the largest public accounting and consulting firms in the United States. Under its core purpose of “Building Value with Values®,” Crowe uses its deep industry expertise to provide audit services to public and private entities, while also helping clients reach their goals with tax, advisory, risk and performance services.

SOURCE GCR Inc.

RELATED LINKS
http://www.crowehorwath.com
http://www.gcrincorporated.com

SAN JOSE, Calif., May 20, 2013 /PRNewswire/ – When legal professionals must manually enter specialized words on their Android smartphones or tablets, the wasted productivity can be close to $1,000 per person. KeyPoint Technologies’ Adaptxt^® smart keyboard app eliminates that waste by providing 35 industry-specific dictionaries, a selection that no other stock keyboard or keyboard app can match.

(Photo: http://photos.prnewswire.com/prnh/20130520/LA16542-INFO-a)

(Logo: http://photos.prnewswire.com/prnh/20121029/MM02036LOGO)

(Logo: http://photos.prnewswire.com/prnh/20130520/LA16542LOGO-b)

For each industry, KeyPoint works with top linguists to handcraft specialized dictionaries, eliminating the need for Adaptxt users to create their own custom dictionaries for their professions and avoiding the nightmare of “dumb” autocorrect. This feature saves users a significant amount of time and money. For example:

• The Adaptxt legal dictionary includes more than 6,000 terms.

• If an attorney had to manually enter just 4,000 of those terms over the course of a year’s work, it would require nearly 11.1 hours. That’s assuming each word took 10 seconds not only to type but then to go back and override the stock or app keyboard’s correction, which is based on a general-purpose dictionary.

• An attorney’s median wage is $86.86/hour, so manual entry would waste about $964 worth of productivity. This loss increases exponentially in law firms with dozens of associates and partners or government agencies with hundreds of attorneys.

The industry-specific dictionaries also avoid problems that occur when a multi-syllable term is typed incorrectly into a stock or app keyboard, which then adds the mistake to its dictionary for future use.

“Adaptxt enables law firms, financial institutions and other organizations to maximize employee productivity and minimize potentially costly mistakes due to misspelled words,” said KeyPoint’s VP of Marketing, Ronald Brown . “We believe this is an untapped market opportunity and have the experience and resources to expand our dictionary content starting with the legal industry.”

There is a cost for accuracy, whether people realize it or not, which are summarized in a new infographic, available at http://www.adaptxt.com/beta/adaptxtindustrydictionaries.jpg. For example, the 4,000-word finance dictionary can save a senior accountant more than $250 in input costs alone.

Adaptxt also offers 78 language dictionaries. KeyPoint plans to develop additional consumer and enterprise dictionaries this year.

Adaptxt uses algorithms and artificial intelligence to identify unique words and phrases that each user enters and adds them to a personalized custom dictionary that supplements any industry-specific dictionary that the user chooses to install. Adaptxt is fundamentally different from – and superior to – traditional predictive solutions, which simply hunt for a match in a predetermined dictionary lexicon, then automatically change what users type, forcing them to go back and manually correct the platform’s mistake.

The Adaptxt keyboard app is available now for free from Google Play Store (https://play.google.com), where it consistently has a 4.3 average user rating. After installation, users select which language or industry dictionaries they want to add. Each industry dictionary is available for 99 cents.

The Adaptxt 2.0 keyboard works with any smartphone running Android 2.1 or later. The Adaptxt 2.1 keyboard works with any tablet running Android 2.2 or later. For more information, visit www.adaptxt.com and www.keypoint-tech.com

About ADAPTXT, a KeyPoint Technologies Innovation

ADAPTXT dramatically improves people’s ability to quickly input their ideas, words and commands into Android devices of all kinds.  Using the latest advances in linguistic science and artificial intelligence to anticipate users’ meaning, ADAPTXT’s smart keyboard applications make human/machine interaction dramatically more enjoyable, personal and accurate.  Developed by KeyPoint Technologies UK, ADAPTXT represents the leading use of predictive computer input technology in the market today.  Founded in 2004, KeyPoint Technologies is headquartered in Glasgow, Scotland, an epicenter of linguistics, with additional offices in India, Japan, China and the U.S.  The company is a trusted partner for OEMs, platform providers and developers.  KeyPoint Technologies is privately owned. More information can be found at www.keypoint-tech.com and www.adaptxt.com.

SOURCE KeyPoint Technologies

RELATED LINKS
http://www.keypoint-tech.com

GREENWOOD VILLAGE, Colo., May 20, 2013 /PRNewswire/ – Recondo Technology announced today that Recondo® has been named by Healthcare Informatics as one of the Top 100 healthcare Information Technology (IT) companies in the United States. This is the first appearance for Recondo in the list, ranked at Number 97.

(Logo:  http://photos.prnewswire.com/prnh/20110627/LA26547LOGO)

Healthcare Informatics, a New York City-based publication providing leadership and strategy for healthcare IT leaders, is proud to officially release the 2013 version of its unique industry offering: the Healthcare Informatics 100. The Healthcare Informatics 100 is a compilation of the top health IT companies based on US Healthcare Information Technology revenues from the most recent fiscal year.

“The Recondo team has worked diligently over the past six years to make a difference in US healthcare,” said Rick Adam , Recondo CEO ” We are dedicated to streamlining the US healthcare payment system and promoting prompt and proper payments.”

“We believe that the Healthcare Informatics 100 offers a unique service to our industry, and is uniquely referenced by professionals throughout the field every year,” says Mark Hagland , Editor-in-Chief of Healthcare Informatics.

The HCI 100 is a complete look at the top 100 revenue-earning companies in the industry, eligible to any company that can identify HIT-based revenues. To formulate this list, the HCI editorial staff worked with two market research and analysis companies: Porter Research (Atlanta) and ST Advisors LLC (San Francisco). The sales figures were submitted, compiled, and reviewed by Porter Research, who ensured deserving companies were included in the list.

In order to better serve our readership, Healthcare Informatics has redesigned the list’s format for the web and made it more interactive.

“Porter Research always enjoys participating in the HCI 100. We’ve had the pleasure of doing it for three consecutive years now, and it really helps paint a broad picture of the current state of healthcare IT. Not only does it benefit HCI’s readers, but it opens up the door for our team to have in-depth conversations with these companies about the new and traditional challenges they face. What competitors and competitive technologies are keeping executives up at night? How does this reflect their end users’ needs? It ends up providing really great insight,” says Porter Research President, Cynthia Porter .

Access the 2013 Healthcare Informatics 100 here.

About Recondo Technology

Recondo delivers innovative technologies and services to connect providers, payers, and patients throughout the healthcare revenue cycle. Recondo cloud software and services are designed to ensure Proper Payments across the continuum of US healthcare, bringing efficiencies and cost savings to healthcare payment processing. Recondo combines sophisticated rules architectures, legacy integration, and data mining to provide true interoperability for more than 500 US hospitals and more than 500 payers.

Visit Recondo Technology at www.recondotech.com.

Copyright © 2007-2013 Recondo Technology.

All rights reserved. Patent Pending.

Recondo, SurePayHealth, ReconBot, Recondo Financial Medical Record, and Powered by Recondo are registered trademarks of Recondo Technology. Trilogi is a registered trademark of Trilogi, Inc. EligibilityPlus, Auth-DP, Recondo Command Center, Recondo AuthNet, Denial Reporting, Denial Management, Omni278, Financial Assistance, and Patient Resource Management are trademarks of Recondo Technology. All other trademarks and registered trademarks are the property of the respective trademark holders. 

SOURCE Recondo Technology

RELATED LINKS
http://www.recondotech.com

ATTLEBORO, Mass., May 20, 2013 /PRNewswire/ – For the second year in a row, Sensata Technologies, Inc. (NYSE: ST) has been named to The Boston Globe’s list of Top 100 best-performing publicly traded corporations based in Massachusetts.

(Logo: http://photos.prnewswire.com/prnh/20070227/CLTU192LOGO )

Sensata was listed #7 on this year’s list –up from #77 last year– based on increases in sales, profits, and shareholder returns during 2012.

President and Chief Executive Officer Martha Sullivan said, “Sensata is honored to be included in the Globe 100 for the second year in a row.  I want to thank the whole Sensata team as this recognition reinforces our commitment to growth and is a testament to the talent of our workforce. Our products play a mission-critical role in safety, energy efficiency and a clean environment and we are proud to be considered a leader in the technology-rich Massachusetts economy.”

The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2012. To be eligible, the company must be traded publicly for the entire 2012 calendar year on the New York Stock Exchange, the Nasdaq or the American Stock Exchange and report revenue and profit for both 2011 and 2012. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2012 revenue.

About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company, a leading global, multimedia news and information company with 2012 revenues of $2.0 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com and related properties. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news and information.

About Sensata Technologies
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in eleven countries. Sensata’s products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle and marine applications. For more information, please visit Sensata’s website at www.sensata.com.

SOURCE Sensata Technologies, Inc.

RELATED LINKS
http://www.sensata.com

ATTLEBORO, Mass., May 20, 2013 /PRNewswire/ – For the second year in a row, Sensata Technologies, Inc. (NYSE: ST) has been named to The Boston Globe’s list of Top 100 best-performing publicly traded corporations based in Massachusetts.

(Logo: http://photos.prnewswire.com/prnh/20070227/CLTU192LOGO )

Sensata was listed #7 on this year’s list –up from #77 last year– based on increases in sales, profits, and shareholder returns during 2012.

President and Chief Executive Officer Martha Sullivan said, “Sensata is honored to be included in the Globe 100 for the second year in a row.  I want to thank the whole Sensata team as this recognition reinforces our commitment to growth and is a testament to the talent of our workforce. Our products play a mission-critical role in safety, energy efficiency and a clean environment and we are proud to be considered a leader in the technology-rich Massachusetts economy.”

The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2012. To be eligible, the company must be traded publicly for the entire 2012 calendar year on the New York Stock Exchange, the Nasdaq or the American Stock Exchange and report revenue and profit for both 2011 and 2012. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2012 revenue.

About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company, a leading global, multimedia news and information company with 2012 revenues of $2.0 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com and related properties. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news and information.

About Sensata Technologies
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in eleven countries. Sensata’s products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle and marine applications. For more information, please visit Sensata’s website at www.sensata.com.

SOURCE Sensata Technologies, Inc.

RELATED LINKS
http://www.sensata.com

ATTLEBORO, Mass., May 20, 2013 /PRNewswire/ – For the second year in a row, Sensata Technologies, Inc. (NYSE: ST) has been named to The Boston Globe’s list of Top 100 best-performing publicly traded corporations based in Massachusetts.

(Logo: http://photos.prnewswire.com/prnh/20070227/CLTU192LOGO )

Sensata was listed #7 on this year’s list –up from #77 last year– based on increases in sales, profits, and shareholder returns during 2012.

President and Chief Executive Officer Martha Sullivan said, “Sensata is honored to be included in the Globe 100 for the second year in a row.  I want to thank the whole Sensata team as this recognition reinforces our commitment to growth and is a testament to the talent of our workforce. Our products play a mission-critical role in safety, energy efficiency and a clean environment and we are proud to be considered a leader in the technology-rich Massachusetts economy.”

The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2012. To be eligible, the company must be traded publicly for the entire 2012 calendar year on the New York Stock Exchange, the Nasdaq or the American Stock Exchange and report revenue and profit for both 2011 and 2012. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2012 revenue.

About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company, a leading global, multimedia news and information company with 2012 revenues of $2.0 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com and related properties. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news and information.

About Sensata Technologies
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in eleven countries. Sensata’s products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle and marine applications. For more information, please visit Sensata’s website at www.sensata.com.

SOURCE Sensata Technologies, Inc.

RELATED LINKS
http://www.sensata.com

ATTLEBORO, Mass., May 20, 2013 /PRNewswire/ – For the second year in a row, Sensata Technologies, Inc. (NYSE: ST) has been named to The Boston Globe’s list of Top 100 best-performing publicly traded corporations based in Massachusetts.

(Logo: http://photos.prnewswire.com/prnh/20070227/CLTU192LOGO )

Sensata was listed #7 on this year’s list –up from #77 last year– based on increases in sales, profits, and shareholder returns during 2012.

President and Chief Executive Officer Martha Sullivan said, “Sensata is honored to be included in the Globe 100 for the second year in a row.  I want to thank the whole Sensata team as this recognition reinforces our commitment to growth and is a testament to the talent of our workforce. Our products play a mission-critical role in safety, energy efficiency and a clean environment and we are proud to be considered a leader in the technology-rich Massachusetts economy.”

The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2012. To be eligible, the company must be traded publicly for the entire 2012 calendar year on the New York Stock Exchange, the Nasdaq or the American Stock Exchange and report revenue and profit for both 2011 and 2012. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2012 revenue.

About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company, a leading global, multimedia news and information company with 2012 revenues of $2.0 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com and related properties. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news and information.

About Sensata Technologies
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in eleven countries. Sensata’s products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle and marine applications. For more information, please visit Sensata’s website at www.sensata.com.

SOURCE Sensata Technologies, Inc.

RELATED LINKS
http://www.sensata.com