Denver,CO, March 2012 – DBAK has been selected as a Finalist in the Colorado Companies to Watch competition. DBAK and Co-Founders Ed Hut and Frank Bommarito will be recognized along with other 2012 finalists at an Exclusive Reception hosted by the Colorado Office of Economic Development and International Trade to be held at the Colorado Governor’s Residence in early April.
The annual award, presented by CapitalValue Advisors, “energizes the state ofColoradoby recognizing second-stage companies that are developing valuable products and services, creating quality jobs, enriching communities, and creating new industries throughout the state. Second-stage companies fuel the economic fire ofColoradoby accounting for much of the economic growth and economic independence of individuals throughout the state.” (colorado.companiestowatch.org/). Companies are selected for demonstrating “high performance in the marketplace” in addition to other key criteria including being privately-held, headquartered in Colorado, growth focused, from 6 to 99 full-time equivalent employees, and $750,000 to $50M in sales or a similar range of working capital.
The selection is great news for DBAK, featuring 39% year on year growth 2010/2011 and highlighting the company’s ability as a top tier Oracle services provider in the Denver market. Finalists – to be announced mid-April – will be judged on additional criteria including philanthropic contributions, technology innovation, company culture, and successful marketing campaigns.
About Companies to Watch
Companies to Watch (CTW) is a unique awards program developed by the Edward Lowe Foundation to honor second-stage companies that demonstrate high performance in the marketplace, exhibit innovative products or processes, or otherwise make those companies “worth watching.” Recognizing that many second-stage companies fly under the radar screen of typical awards programs, Companies to Watch is specifically designed to seek out businesses from a wide range of industries representing all areas of the state, not just in the major metropolitan areas. In addition to being evaluated on past growth and projected success, applicants are also judged according to their special strengths. These special strengths revolve around a company’s innovative products and business practices, special use of technology, work within their community and more. For more information: http://colorado.companiestowatch.org/.
DBAK is a Coloradoowned and operated Oracle Systems Integrator and License Reseller focused on Core Technology and E-Business Suite applications. The company was founded in 2005 to deliver business solutions to Oracle clients throughout the RockyMountainregion, and in 2009, the company began providing solutions to a broader national client base. In 2011 DBAK was named to CoBIZ’ “Top 250 Private Companies in Colorado”, and in 2008, the company was awarded “Emerging Business of the Year” by the South Metro Denver Chamber of Commerce. Based in Englewood, Colorado, the company has delivered Oracle success for more than 100 clients on more than 170 implementation, upgrade, conversion, licensing, and support projects. With a straightforward and holistic approach, DBAK brings a successful blend of talent, experience, and Oracle expertise grounded in core principles of service, trust, and ethics. www.dbaknow.com.