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News / TransLoc Inc.

FOR IMMEDIATE RELEASE

 

TRANSLOC INC NAMED FINALIST
FOR 2005 NCTA 21 AWARDS

 

October 20, 2005, Raleigh, NC – TransLoc announced today that it has been named a finalist in the Early Stage Company of the Year category for the 2005 NCTA 21 Awards presented by The North Carolina Technology Association (NCTA) and Grant Thornton, a leading accounting, tax and business advisory firm. Winners will be recognized at the 11th Annual Awards Gala ceremony on Thursday, November 17, 2005 at the Embassy Suites hotel and conference center in Cary, N.C.

“We are honored to have been chosen as finalists and pleased with this recognition of the strides that TransLoc has made,&rdquo said Joshua Whiton, chief executive officer of TransLoc. TransLoc, a real-time transit information provider, is helping public transit riders and administrators through their innovative Transit Visualization System™, capable of continuously displaying and animating the location of vehicles on a detailed map of recognizable buildings and landmarks.

The NCTA 21 Awards are the oldest and most prestigious technology awards in North Carolina and recognize outstanding contributions that information technology companies and individuals have made over the past year to the industry, community and state. Grant Thornton directed the awards selection process earlier this month in collaboration with past and present NCTA chairpersons.

“Each year, NCTA has the distinct pleasure of recognizing the outstanding achievements of our state’s technology companies and its IT leaders,&rdquo said Joan Myers, president and chief executive officer of NCTA. “The NCTA 21 Awards showcases the best in technology. The amount and quality of the applications for this year’s awards speaks volumes about the state of the IT industry in North Carolina and its impact globally.&rdquo

The awards are grouped in five categories: technology industry awards, stage of development awards, functional awards, leadership awards and excellence awards, in addition to an Outstanding Achievement Award. This year’s theme is “A Sea of Opportunity.” For more details, please visit http://www.nc-tech.org/news/21awards.asp.

About TransLoc Inc.: TransLoc specializes in the collection and presentation of real-time transit information. Their technology continuously displays the location of vehicles and animates their motion against a detailed map of recognizable buildings and landmarks. Already, the technology is helping public transit riders save time, stay safe and have more control over their schedules while enabling transit administrators to manage their fleets with unprecedented clarity. www.transloc-inc.com.

About The North Carolina Technology Association (NCTA): NCTA is a not-for-profit membership-driven trade organization and the primary voice of the information technologies industry in North Carolina. NCTA is the intersection of leadership and technology, fueling the growth of North Carolina through Executive Engagement, Public Affairs, and a Knowledge Workforce. www.nc-tech.org

About Grant Thornton LLP: Grant Thornton LLP is the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations. Through member firms in 110 countries, including 49 offices in the United States, the partners and employees of Grant Thornton member firms provide personalized attention and the highest quality service to public and private clients around the globe. www.grantthornton.com

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