The Advanced Technology Development Center recognized two international firms with Atlanta offices at its 14th annual Open House on May 11 for consistently meeting sales and revenue levels necessary for sustainable operations. Dartfish USA Inc. and EG Technology Inc. were among 36 companies whose products and services were showcased at the event.
Headquartered at the Georgia Institute of Technology, ATDC is a science and technology incubator that helps entrepreneurs launch and build companies by providing strategic business advice and connections to resources. More than 100 companies have emerged from ATDC since its founding in 1980, including publicly-traded firms such as MindSpring Enterprises Inc., which was acquired by EarthLink Inc.
“Generally speaking, 70 to 80 percent of ATDC’s graduating companies are still in business five years later. That is a higher than average rate for start up companies,” said John Toon, spokesman for ATDC.
Founded in Fribourg, Switzerland, Dartfish entered the ATDC program to develop a U.S. market. The company uses digital videos to compare and contrast athletes’ performances.
Dartfish products were used to enhance broadcasts of the 2002 Winter Olympics. They will be featured again in the 2004 Olympic coverage in Athens, Greece. The technology also helps coaches and athletes analyze and improve performance.
In addition to its headquarters in Fribourg, the company has offices in Atlanta; Garmisch, Germany; Sydney, Australia and Seoul, Korea.
EGT produces digital video encoders for leading cable, satellite and telecommunications networks. Last week the company announced the sale of its product to two leading Canadian cable operators, Persona Inc. and Mountain Cablevision Inc.
EGT’s encoder allows network operators to deliver more channels of content within a given bandwidth and to reduce space, power and cooling requirements. It also provides flexibility for future video processing applications.
During 2003, past and present ATDC companies generated more than $1.75 billion in revenues, reported $227 million capital activity and provided nearly 4,300 high-tech jobs. Since 1987, ATDC companies have generated more than $9.3 billion in revenue.
For additional information contact Mr. Toon at ATDC News and Information at 404-894-6986 or email@example.com.