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Minnetronix Receives Medical Technology Award at the 2008 Tekne Awards
October 31, 2008

ST. PAUL, Minn.--(BUSINESS WIRE)--Minnetronix, Inc. has been named the small & growing company recipient of the Medical Technology Award at the 2008 Tekne Awards, which were held at the Minneapolis Convention Center on Oct. 30. The Tekne Awards honor superior technology advancement and leadership in Minnesota.

Minnetronix is a medical device design and manufacturing firm located in St. Paul, Minn., where medical device companies, large and small, are thriving and continue to drive advancements in medical applications. Beginning as a three person start-up in 1996, Minnetronix continues its strong growth and increasing success today currently employing over 135 people and working on over 30 projects for firms worldwide.

“Minnetronix is honored and privileged to be recognized by such a widely respected organization as the Minnesota High Tech Association (MHTA),” said Rich Nazarian, Minnetronix president and CEO. “We thank the Tekne judges and the MHTA board for their hard work on behalf of technology and technology education in Minnesota. It’s organizations like MHTA and its contributors that help keep the technical community in our state vital and we appreciate their identification of Minnetronix as a growing medical technology company.”

Back (from L to R): Lynn Ihlenfeldt, Diane Richard, Jon Pierce, Dirk Smith, Kevin Souther, Rich Nazarian; Front (From L to R): Sue Alfini, Steve Strong, Tom Martorano, Jeff Clark

The Tekne Awards, presented by MHTA in partnership with Enterprise Minnesota and LifeScience Alley, annually recognizes Minnesota’s leading technology users and innovators. Tekne Award recipients represent a collection of industry leaders advancing Minnesota’s status as a hub for technology innovation.

“This year’s recipients are outstanding examples of innovation and leadership,” said Kate Rubin, president, MHTA. “Minnetronix is helping to secure Minnesota’s place as a center of innovation in the global economy.”

Judges selected one recipient out of three finalists in each of the 17 Tekne Awards categories recognizing the best and brightest in development, education, commercialization, and management of technology. Company awards included separate categories for small and growing businesses (with annual revenues under $50 million) and established businesses (with annual revenues of $50 million or more).

A list of 2008 Tekne Award recipients and finalists is available online at www.tekneawards.org.

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