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6th Annual SARTA Tech Index

Sacramento, CA - February 11, 2009

Honoring the leading 50 high-tech companies
in the Sacramento Region

The Sacramento Area Regional Technology Alliance (SARTA) is pleased to recognize and celebrate the success of the 50 companies that have earned a place on the 2009 SARTA Technology Index. These companies are leading the growth of the area’s technology economy.

Event Information

Monday March 23, 2009
10am to 11:30am - Exhibit Hall & Registration
11:30am to 1:30pm - Luncheon & Awards Hyatt Regency
Sacramento 1209 L Street, Sacramento, CA 95814

Featured Speakers

Diarmuid O'Connell
Vice President of Business Development, Tesla Motors

Shel Israel
Author, Speaker and Social Media Expert

SARTA distributed the following regarding the index and its latest growth:

1st Quarter 2008

The SARTA Technology Index dropped by 0.87 percent in the first quarter of 2008. Stock prices at regional publicly-traded companies contracted for a third consecutive quarter, slowing down overall Index growth. In addition, employment numbers flattened out, showing a net increase of only two employees across the private companies on the Tech Index. Private equity investment activity also slightly underperformed the dollars raised by startups during the first quarter of 2007. For a list of current Index companies, click here.

Overview

Sarta Index

1st Quarter 2008

Highlights

* Amounts for 1Q08 only include companies that were also on the prior (4Q07) quarter's Index. The sales number includes 12 months of revenue.  Equity is shown as additional money, therefore $11.6M is additional equity of 40.6% above and beyond 4Q's $28.5M. 

About the SARTA Tech Index™

As part of its mission to foster high tech entrepreneurial growth and attract private investment capital to the greater Sacramento region, SARTA has developed an innovative tool, the SARTA Technology Index™, to monitor the health and status of the region's technology sector. Just as the S&P 500 acts as a bellwether for corporate America, the SARTA Technology Index™ is a barometer of how technology companies in the greater Sacramento region are performing.
Today, there are national and international indices of technology companies, but to our knowledge, this is the first regional index ever to be developed. The Index includes public and private technology companies headquartered in the greater Sacramento region.
The numerical value of the SARTA Technology Index™ is based on a proprietary formula that tracks three financial metrics: revenue, employees and equity capital raised. The Index was set to 100.00 at its initiation and is updated on a quarterly basis.

The Sacramento Area Regional Technology Alliance (SARTA) is a tech-focused 501(c)(3) corporation that supports entrepreneurial programs, companies and technology investment throughout Butte, El Dorado, Nevada, Placer, Sacramento, Solano, Sutter, Yolo and Yuba counties.
SARTA’s mission is to accelerate the growth and development of technology companies and the technology sector in the Sacramento region. Through its partners, SARTA connects and provides resources for the region’s high-tech entrepreneurs, investors, business, non-profit, economic development and community leaders, supporting its goal to attract $1 billion in investment capital to the region. SARTA also provides high-tech entrepreneurs, executives, and other business and community leaders with connectivity and resources for growth, networking, and educational opportunities.

SARTA is directed by a board of 40+ regional leaders of academic institutions, investment groups, business associations and technology corporations that seek to foster technology innovation and growth in the nine county greater Sacramento region. For more information, go to www.sarta.org.

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