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Press ReleasesFrom the vault of Vendormate
Vendormate Graduates ATDC Technology Incubator Program
May 15, 2008 – Vendormate, Inc., the leading provider of business-credentialing and compliance-monitoring solutions to help companies distinguish safe from risky vendors, completes its tenure at Georgia Tech’s Advanced Technology Development Center today. The ATDC is a nationally-recognized science and technology incubator that helps Georgia entrepreneurs launch and build successful companies.
ATDC provides strategic business advice and connects its member companies to the people and resources they need to succeed. More than 110 companies have emerged from the ATDC, including publicly-traded firms such as MindSpring Enterprises – now part of EarthLink. Headquartered on the Georgia Tech campus in Atlanta, ATDC has been recognized by both BusinessWeek and Inc. magazines as among the nation’s top nonprofit incubators.
Vendormate co-founders – Andy Monin, Andrew Somoza, Gil Benton, and Joey Katzen – jointly celebrated the latest milestone in Vendormate’s rapid growth. Since its creation, Vendormate achievements include:
- Recognition by the Technology Association of Georgia as one of the Top 40 most innovative companies in Georgia two years running
- Andy Monin named Supply & Demand Chain Executive 2008 Pro to Know
- Increasing its customer base 600% in 2007
Next steps for Vendormate include compounding its rapid growth in the healthcare and banking verticals and celebrating over 400 client hospitals.
“Being part of the ATDC has been an invaluable experience for me and our company,” said Monin, CEO of Vendormate. “Any entrepreneur looking for an advantage in launching their technology startup should take a long look at what ATDC has to offer.”
About Vendormate, Inc.
Vendormate protects the health of supply chains with a unique vendor credentialing and compliance monitoring solution. The program assures compliance with both internal policies and government mandates, including OFAC Terrorist watchlists. An integrated badge feature controls access to facilities. Registered vendors are registered, screened, rated and catalogued by custom criteria and continuously monitored for non-compliance. Phone: 1-877-483-6368; www.vendormate.com; Blog vendorcompliance.wordpress.com.