Time to apply for Flying 40

Annual program recognizes fastest-growing tech companies

It’s that time of year again: The annual New Mexico Technology Flying 40 program is inviting businesses to be recognized among the state’s fastest-growing tech companies.

The listing, now in its 20th year, celebrates New Mexico’s technology entrepreneurs and the ways in which they contribute to the state’s economy.

“As the New Mexico economy enters its newest growth phase, I think it is important to recognize not only the companies that laid the foundation, but also those who are leading our recovery,” said John Freisinger, president and CEO of Technology Ventures Corp., which hosts the Flying 40 program. “With aggregate revenues of $927 million, these companies deserve our recognition.”

The list is compiled from voluntary responses. To apply, go to www. techventures.org. The deadline is March 31.

As in past years, eligibility is determined in three categories: top revenue growth companies with revenues between $1 million and $10 million; top revenue growth companies with revenues of more than $10 million; and top revenue-producing technology companies regardless of revenue growth.

To be eligible, a company must have five or more employees; be headquartered in New Mexico; and may be publicly listed or privately owned, but cannot be a subsidiary of a company headquartered outside of New Mexico.

The revenue figures will be used to rank the companies in a list to be published in a special edition of the June 5 Albuquerque Journal Business Outlook.

Winners will be notified by April 24. They will be recognized at a celebration on June 7 at the Albuquerque botanical gardens and aquarium.

Program sponsors include: Technology Ventures Corp.; KPMG LLP; New Mexico Bank and Trust; Albuquerque Journal Business Outlook; Sandia Science & Technology Park Development Corp.