EnterpriseDB Named New Jersey's "Emerging Business of the Year"
Enterprise Open Source Database Startup Honored by NJBIZ for Its Success and Contributions to the New Jersey Business Community
EDISON, N.J., Dec. 9, 2008 - EnterpriseDB, the leading enterprise open source database company, today announced that it was named the 2008 Emerging Business of the Year by NJBIZ. The award recognizes businesses in New Jersey that are less than five years old and have demonstrated actual or potential growth, innovative products or services, and an outstanding commitment to their employees and the community. The announcement was made last week at a formal awards ceremony and reception in Somerset, N.J. EnterpriseDB co-founder Andy Astor accepted the award on behalf of the company. For more information about EnterpriseDB, visit www.enterprisedb.com.
"At EnterpriseDB, we're leveraging the world's most advanced open source database and the incredible talents of a worldwide community of dedicated developers to compete successfully in the Oracle-dominated $17 billion enterprise database marketplace," said Ed Boyajian, chief executive officer, EnterpriseDB. "We're pleased to have been named New Jersey's Emerging Business of the Year, and we look forward to continuing our success in 2009 and beyond."
"We are truly fortunate to have the opportunity to recognize outstanding businesses like EnterpriseDB who share a commitment to excellence, business growth, and the community," said Thomas F. Curtin, publisher, NJBIZ. "On behalf of NJBIZ, we would like to congratulate EnterpriseDB for its dedication to New Jersey's future."
This year, EnterpriseDB has achieved several strategic milestones. In March, EnterpriseDB introduced its Postgres Plus family of database products. At the same time, EnterpriseDB closed a $10 million Series C financing, which included a strategic investment from IBM. In June, EnterpriseDB appointed Boyajian as chief executive officer to lead EnterpriseDB in its next phase of growth and success. And, in October, EnterpriseDB entered into a wide-ranging strategic partnership with Nippon Telegraph and Telephone Corp. (NTT), which included an equity investment in EnterpriseDB by NTT.
NJBIZ also honored EnterpriseDB for its involvement in civic and non-profit groups. EnterpriseDB's employees founded the Fusion Family Foundation to help eradicate poverty in developing areas of the world through education.
EnterpriseDB is the leading provider of enterprise-class products and services based on PostgreSQL, the world's most advanced open source database. The company's Postgres Plus products are ideally suited for transaction-intensive applications requiring superior performance, massive scalability, and compatibility with proprietary database products. EnterpriseDB has offices in North America, Europe, and Asia. The company was founded in 2004 and is headquartered in Edison, N.J. For more information, please call +1-732-331-1300 or visit www.enterprisedb.com.
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EnterpriseDB and Postgres Plus are trademarks of EnterpriseDB Corporation. Other names may be trademarks of their respective owners.
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