Metroplex Technology Business Council Names Parago 11th Annual Tech Titans Awards Finalist

LEWISVILLE, Texas, Aug. 16, 2011 /PRNewswire/ -- The Metroplex Technology Business Council (MTBC), the largest technology trade organization in Texas, has named Parago a finalist in the Technology Adopter category as part of the 11th Annual Tech Titans and Titan Fast Tech Awards. Tech Titans are recognized as outstanding technology companies and individuals in the North Texas area who have made significant contributions to their industries during the past year. Parago was selected in recognition of its Synergy™ incentives platform.

Synergy is the heart of Parago's incentives capability, and the proprietary transaction processing platform was designed to simplify, automate and provide systemic management of consumer incentive programs. It is a high-capacity, flexible, rules-based reward processing system that allows for an infinite number of predetermined fixed, variable and random awards to be processed in a consistent and controlled manner.

"Our technology provides the foundation that allows us to innovate meaningful and high-value incentive programs for consumers and the businesses that provide them," said Juli Spottiswood, President & CEO of Parago. "We are honored to be recognized for the Synergy platform, which has had a significant impact on the promotional incentives industry by introducing dramatic paradigm shifts positively affecting cost structures, time to market and customer experience, and allowed us to develop creative solutions for our clients."

The Tech Titans Award winners will be revealed at the Tech Titans Award Gala at the Hilton Anatole in Dallas, Texas, on Friday, August 26, 2011.  More information about the event is available at www.metroplextbc.org/techtitans.

"Tech Titans is the premier recognition of fast-growing, highly innovative companies that contribute to the vibrancy of the North Texas economy and make our region an exciting place to live and work," said Hernan Giraldo, Vice-President Sales for applications software at Alcatel-Lucent, and Chair of the MTBC's Tech Titans steering committee. "We look forward to showcasing true leaders in our industry and celebrating their hard work and creativity."

Besides the MTBC and Title Sponsor SoftLayer, other supporters of the Tech Titans Awards event include Ericsson, VCE, RIM, Digital Realty Trust, Fujitsu Network Communications, Deloitte, AT&T, BKD LLP, Huawei, Munck Carter, Alcatel-Lucent, Employer Flexible, BDO, Haynes and Boone LLP, Telecommunications Industry Association, University of North Texas, University of Texas at Dallas, AVMG, Park Place Porsche, creative sponsor SKSW and the Dallas Business Journal. Travis Wolff and Comerica Bank Life Science are sponsors for Fast Tech. The Fast Tech Awards recognize the fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Dallas-Fort Worth Metroplex over a three year period.

About Parago

Parago is the innovative provider of rewards-based incentive solutions that deploy technology to drive better results from consumers and customers alike. Parago provides a full range of consumer incentive and rebate programs to Fortune 500 companies, including customer acquisition and retention. Parago has distinguished itself in the rewards-based incentives field for more than ten years by consistent reinvention of legacy approaches, introducing 27 industry firsts and receiving three patents. For more information visit www.parago.com, the Parago blog or Twitter.

About the Tech Titans Awards

The Tech Titans Awards were launched in 2001 by the Metroplex Technology Business Council, North Texas' most comprehensive organization supporting technology. The prestigious annual contest recognizes outstanding technology companies and individuals in the North Texas area who have made contributions during the past year locally, as well as to the technology industry overall. The Tech Titans committee is a group of dedicated volunteers who organize the awards ceremony each year, and judges for the contest are drawn from a variety of disciplines in technology, leaders in the DFW area and past winners. For more information, visit www.metroplextbc.org/techtitans.

About The MTBC

The Metroplex Technology Business Council (MTBC) is the innovation hub for North Texas' technology community and actively connects entrepreneurs, universities and corporations for significant technological advancements. Founded in 1994 as a non-profit organization with approximately 300 members, it includes technology businesses and providers from across the DFW Metroplex. The MTBC is a TITAN, focused on growing Talent, Innovation, Tech Titans, Advocacy and Networking. It promotes the Dallas region as the center of cloud computing and fosters a culture of innovation among major technology companies in the region. Events include monthly Tech Industry Luncheons, Cloud Computing Special Interest Group Events, CEO Forums, Tech Week in Austin and the annual Tech Titans Awards Gala event. More information about MTBC can be found online by visiting www.metroplextbc.org.

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Juli Spottiswood
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SOURCE Parago