By Stephen Johnson

ATLANTA, GA—The Advanced Technology Development Center (ATDC) at Georgia Tech honors its six 2008 graduating member companies at ceremonies at The Biltmore today.

The graduation ceremony is the centerpiece of ATDC’s annual Entrepreneur Showcase, an event that celebrates the success of the best young technology companies in Georgia.

ATDC is a nationally recognized science and technology incubator. ATDC membership is highly competitive. Each year, more than 130 emerging firms apply for ATDC membership. The State of Georgia invests in ATDC, so its member companies companies aren’t required to give up equity in exchange for ATDC’s services. ATDC currently has more than 40 member companies in its program.

This year’s six graduating ATDC member companies are:

• Emcien (www.emcien.com). Emcien has developed a demand-driven product management solution to determine an optimized product mix — recommending the fastest-moving, high-margin product configurations based on customer buying patterns.
• LCGI (www.lcgin.net). LCGI specializes in Web applications that integrate seamlessly with a variety of input sources. Its flagship products include GPP Express, a Web-based application that allows data collection via traditional telephony and mobile devices.
• Neurotic Media (www.neuroticmedia.com). Neurotic Media is a leading media distribution platform and retail store solution for online and mobile content downloads through private-label stores.
• Oversight (www.oversightsystems.com). Oversight detects corporate fraud, misuse and errors through continuous monitoring of financial transactions, and provided automated resolution workflow and documentation.
• Terratial Technologies (www.terratial.com). Terratial offers the T-Life content-provisioning platform for ad-based mobile lifestyle services and subscription-based services for mobile phones. Its offerings include DocHawk for attachment viewing on BlackBerrys and HollerID for nametones associated with contact lists.
• Vendormate (www.vendormate.com). Vendormate provides business credentialing and compliance-monitoring solutions to help companies better manage ther composition and risk of their supplier base. Vendors are registered, screened, rated and catalogued by custom criteria and continuously monitored for non-compliance with government mandates such as HIPAA and Sarbanes-Oxley.

ATDC has an impressive track record. More than 100 member companies have graduated from ATDC over the years. 30 ATDC member companies have been represented on the public markets via either acquisitions or IPOs. ATDC companies continue to break the mold of traditional startups.

Most industry statistics show that four out of five startup businesses fail. ATDC companies are the opposite: 75 percent of ATDC member companies since 1995 are still in business or were acquired. In the past decade, ATDC member companies have raised more than one billion dollars of Venture Capital.

Emcien’s CEO, Radhika Subramanian, said Thursday that “the ATDC community provided an invaluable network that enabled our startup to have tremendous reach.”

Neurotic Media’s CEO, Shachar Oren, said that “ATDC took us from Business 101 to Business 909 within a year. VCs started treating us differently once we were accepted by ATDC — more doors opened which eventually led to funding.”

Vendormate is Andy Monin’s second successful ATDC member company. He said Thursday that the program keeps getting better, adding: “Being an ATDC member company is an unbeatable way to begin a business.”

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