M2 Media Group Named to Connecticut Technology Council’s 2011 Marcum Tech Top 40 List
Attributes Technology Innovation to its Outstanding Revenue Growth
Stamford, Conn, September 28, 2011 — M2 Media Group, a leading subscription and lead generation agency, has been named to the Marcum Tech Top 40, an annual compilation of the 40 fastest growing technology companies in Connecticut. M2's increase in revenues of 127% percent from 2007 to 2010 resulted in its inclusion in the new media category of this year’s Tech Top 40. This is the third consecutive year that M2 Media Group has been named to the list.
M2's CEO Michael Borchetta credits technological innovation and great employees with the company's 127 percent revenue growth from 2007–2010. Borchetta said, “We’re thrilled to be recognized by this award for three years running. We really appreciate the amazing effort put forth every year by the Connecticut Technology Council to bring companies together like this."
To qualify for the Marcum Tech Top 40, companies must have had operating revenues of at least $50,000 in 2007 and $3,000,000 in 2010, be headquartered in Connecticut, and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devote a significant proportion of revenues to the research and development of technology. For more information on the Marcum Tech Top 40 and the CTC please visit the Connecticut Technology Council’s website at www.ct.org
About M2 Media Group
Founded in 2004, M2 Media Group (m2mediagroup.com) is one of the premier subscription agencies in the magazine publishing industry enabling online retailers to sell magazine subscriptions and loyalty programs to reward members. The company offers over 1,000 magazine titles through its direct-to-publisher supply network and fulfills millions of subscriptions annually. M2’s Business Media group provides lead generation services to various verticals through its TechPapers® Network and Mercury Magazines, one of the largest online distributors of trade publications to business and technology professionals.
About the Connecticut Technology Council
The Connecticut Technology Council is the state’s industry association for the technology sector. CTC’s mission is to “connect people, ideas and opportunities to the global technology and innovation community.” CTC provides members with business assistance and specialized programs, in addition to promoting and supporting public policies that position Connecticut to have a globally recognized “culture of innovation” that helps attract great ideas and entrepreneurs to in turn develop new jobs and wealth for the state. www.ct.org.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation. Ranked 15th among the "Top 25 Firms" by Inside Public Accounting, Marcum offers the resources of more than 950 professionals, including more than 120 partners, in 15 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, Florida and Grand Cayman. The Firm's presence runs deep with full service offices strategically located in major business markets. Marcum offers an extensive range of professional services and a high degree of specialization. In addition to traditional accounting, assurance and tax, including domestic and international tax planning and preparation, the Firm's professional services include mergers and acquisition planning, family office services, forensic accounting and litigation support. For more information, visit www.marcumllp.com.