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November 1, 2005 Purdue Technology Center firm inducted into the Inc. 500MERRILLVILLE, Ind., and HERNDON, Va. – 21st Century Systems Inc., an information technology company with offices in the Purdue Technology Center, has been named to Inc. magazine’s Inc. 500. Inc. magazine names the 500 fastest-growing privately owned companies each year. The Inc. 500 list is a kind of "crystal ball" – these unfamiliar names will be well-known in the near future. Ranked at 448 with a three-year growth rate of 319%, 21st Century Systems Inc. (21CSI) has been selected as one of these Inc. 500 Elite companies for 2005. In the announcement, Inc. 500 offers the following report on 21CSI: 21CSI develops software to help military decision makers, such as submarine captains, predict the moves of their adversaries. The product hit the market in 2000 and has been picked up by the Marines and Army in addition to the Navy. CEO Alexander Stoyen foresees "vast commercial applications" especially in emergency rooms and corporate strategy. "All of us at 21CSI are truly honored by the recognition that comes with the prestigious Inc. 500 designation!" said 21CSI’s Founder and CEO Alexander D. Stoyen, Ph.D. "We owe our rapid growth and success to the trust put into our products by the brave men and women who protect our democracy, safety and security and who defend our freedom every day as members of our military forces, homeland security forces, law enforcement personnel and civil defense personnel. Rest assured, we will not rest on our laurels but will work even harder than before."
21st Century Systems Inc. is a pioneer in designing, developing and fielding agent-based decision support systems for time- and mission-critical military and commercial applications. Woman-owned and founded in 1996, 21CSI has more than 30 applications across a broad spectrum of missions, including space-to-mud-to-ocean-bottom decision support systems developed for all DoD branches. Its applications operate in all types of environments and are OS independent. By providing human decision makers with a real time integrated, common tactical picture – where needed, when needed and in the form needed – the company's revolutionary decision support systems substantially improves situational awareness, reduces stress and increases productivity. 21CSI is a Department of Defense Small Business Innovative Research Success Story with a 100 percent Commercialization Achievement Index. The company has operations in 10 cities throughout the United States.
Established in January of 2005 with federal funding secured by U.S. Rep. Pete Visclosky (D-Ind.), the Purdue Technology Center of Northwest Indiana is the first satellite technology incubator modeled after the nationally recognized Purdue Research Park in West Lafayette, Ind. The 48,000-square-foot facility in Merrillville, Ind., is home to nine technology companies operating in the fields of information technology, life sciences and homeland security. Owned and managed by the Purdue Research Foundation, the Purdue Technology Center is part of the organization’s mission to further the economic development outreach initiatives of Purdue University.
Jeanine Phipps, senior media relations specialist, at (765) 494-0748 (office), (765) 409-2745 (mobile), jeanine@purdue.edu |
