iSend Named to the Marcum Tech Top 40 by the Connecticut Technology Council

iSend Listed on Tech Top 40 in Media/Internet/Telecom Category for the Third Year in a Row

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Aug 18, 2014, 09:00 ET

MIDDLEBURY, Conn., Aug. 18, 2014 /PRNewswire/ -- iSend has been named to the Marcum Tech Top 40, an annual compilation of the 40 fastest growing technology companies in Connecticut as determined by The Connecticut Technology Council (CTC) and Marcum LLP. Selection was based on growth of at least $3 million in annual revenue as well growth in each of the preceding four years.

This is the third consecutive year iSend has made the Marcum Tech Top 40. iSend was named Connecticut's fastest growing technology company overall in 2012, and in 2013 was named the top company in the New Media/Internet/Telecom category. iSend will be honored alongside 39 other Tech Top 40 companies at an awards ceremony October 2 at the Oakdale Theatre in Wallingford. One company from each of the six industry verticals will be named overall winner for demonstrating the greatest percentage growth in revenue across all the technology verticals.

"We are honored to be listed for the third consecutive year on the Tech Top 40," said Steve LaBella, iSend president and CEO. "Connecticut is an exceptional state for business, as evidenced by the many outstanding companies that make the list each year."

This year's Marcum Tech Top 40 identified the fastest growing Connecticut companies in the categories of Advanced Manufacturing, Energy/Environment/Green Technology, IT Services, Life Sciences, New Media/Internet/Telecom and Software.

"Technology companies have a set of shared challenges that range from capital-raising and complex revenue reporting to intellectual property management and international expansion. Whether they are private enterprises or Fortune 500 companies, this year's Marcum Tech Top 40 winners all demonstrate management excellence and market foresight," said Alex Discepolo, a Tax Partner in Marcum's New Haven office and Practice Leader of the Firm's High Technology Services Group.

About iSend
Ranked by Forbes magazine at #33 in 2013 and #13 in 2014 among "America's Most Promising Companies," and at #73 in the 2013 Inc. 500 list of America's fastest-growing private companies, iSend provides unprecedented electronic payment service options for people who support family members in other countries. Customers control the use of the funds they transfer, including topping-up individual family members' prepaid cell phones, paying recurring monthly bills and sending gift cards for merchandise at specific stores. These transfers can be arranged in over 150,000 retail locations spanning the United States, Canada, the United Kingdom, Europe and the Middle East, with mobile phone top-ups also available online at iSend's recharge portal, www.Aryty.com. iSend's direct relationships with predominant mobile network operators, billing organizations and retail chains enable rapid transfers to recipients in more than 100 countries and growing throughout the Americas, the Caribbean, Africa, Europe, the Middle East and Asia, including the Indian subcontinent. For more information, visit www.iSendWorldwide.com.

About The Connecticut Technology Council
The Connecticut Technology Council is a statewide association of technology oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for 2,500 companies that employ some 200,000 residents, the Connecticut Technology Council seeks to provide a strong and urgent voice in support of the creation of a culture of innovation. This includes working to position Connecticut as a leader in idea creation, workforce preparation, entrepreneurial aptitude, early stage risk capital availability and providing on-going support and mentoring to high potential firms. For more information, visit www.ct.org.

About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 23 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep, with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; and MarcumBuchanan Associates LLC. For more information, visit www.marcumllp.com.