January 24, 2011

GTT Receives 2010 Tekne Award

Global Traffic Technologies, LLC Receives IT-Software & Hardware, Communications AND Infrastructure Award at the 2010 Tekne Awards .

Eleventh annual Tekne Awards recognized Minnesota's technology innovators and innovations

St. Paul, Minnesota – The Minnesota High Tech Association (MHTA), in partnership with LifeScience Alley, Enterprise Minnesota and the BioBusiness Alliance of Minnesota, has named Global Traffic Technologies, LLC as the recipient of the 2010 Tekne Award in the IT-SOFTWARE & HARDWARE, COMMUNICATIONS AND INFRASTRUCTURE award category. Held Nov. 3 at the Minneapolis Convention Center, the Tekne Awards honor companies and individuals who have played a significant role in developing new technologies that positively impact the lives and futures of people living in Minnesota.

Global Traffic Technologies, LLC (GTT), formed in 2007 from 3M's pioneering Intelligent Transportation Systems business, is the manufacturer of Opticom™ priority control systems and Canoga™ traffic sensing systems. With the most recent technology advancement of Opticom™ intersection central management software 2.0, transportation personnel are now able to monitor in real-time, priority control performance and as a result make the critical decisions necessary to resume optimal traffic patterns on our roadways. For this achievement, GTT was presented this prestigious award.

"Our customers inspire us to innovate. When they perform, we perform" said Doug Roberts, CEO, Global Traffic Technologies, LLC. "It is with great honor that we have received this award because it validates the commitment we have to the end game... equipping transportation personnel with the information they need to ensure transit and emergency vehicle operations perform safely and efficiently."

Playing a significant role in bringing new technology to life, the 2010 Tekne Award recipients represent large global companies, as well as small entrepreneurial ventures, that have helped reinforce Minnesota's place as one of the most competitive and technologically advanced regions in the world. Judges selected one recipient out of the three finalists in each of the 12 Tekne Award categories, recognizing the best and brightest in development, education, commercialization and management of technology. Some 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).

"This year's recipients, once again, raised the bar with the quality and originality of their entries and should all be very proud of their accomplishments," said MaryFrances Schurb, interim president of MHTA. "We are thrilled to recognize Global Traffic Technologies for its proven leadership and commitment to technology development in Minnesota.

This year's Tekne Awards ceremony was emceed by Paul Douglas, author, entrepreneur and meteorologist. Senator Amy Klobuchar addressed attendees at the evening's ceremony. As the chair of the Subcommittee on Competitiveness, Innovation, and Export Promotion, Klobuchar has been a leading voice in calling for an innovation agenda that will grow our economy and create jobs in America. A list of 2010 Tekne Award recipients and finalists is available online at http://www.tekneawards.org/news and http://www.tekneawards.org/.