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Akademos Wins AlwaysOn Award for Innovative Technology.


Recognized for game-changing service and positive impact on the public sector

NORWALK, Conn. -- Akademos Inc., which provides online bookstores and marketplaces for educational institutions nationwide, today announced that it has been chosen by AlwaysOn as one of the OnDC Top 100 Winners. Akademos was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property.  value, and media buzz.

Akademos and the other OnDC Top 100 Companies were honored hon·or  
n.
1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate.

2.
a. Good name; reputation.

b.
 at AlwaysOn's OnDC event yesterday in Washington, DC.

The OnDC 100 winners were selected through a rigorous three-month selection process from among hundreds of other technology companies nominated nom·i·nate  
tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates
1. To propose by name as a candidate, especially for election.

2. To designate or appoint to an office, responsibility, or honor.
 by investors, bankers, journalists and industry insiders.

This award follows Akademos' recent announcements of its securing $2.5 million in venture funding from Kohlberg Ventures, its partnership with Alibris, and winning a "Company-to-Watch" Award for the second consecutive year from the Connecticut Technology Council.

A full list of all the OnDC Top 100 Winners can be found at http://alwayson.goingon.com/permalink/post/33638

"We are thrilled thrill  
v. thrilled, thrill·ing, thrills

v.tr.
1. To cause to feel a sudden intense sensation; excite greatly.

2. To give great pleasure to; delight. See Synonyms at enrapture.
 and honored to have been chosen as one of the OnDC Top 100 Winners alongside such reputable rep·u·ta·ble  
adj.
Having a good reputation; honorable.



repu·ta·bil
 and distinguished companies," said Brian Jacobs, president and chief executive officer of Akademos. "Our company strives to bring innovation and new ways of thinking to the critically important matter of access to educational materials. We greatly appreciate the recognition of these efforts."

About Akademos:

Akademos provides online bookstores and marketplaces to educational institutions of all kinds across the US. Its turnkey See turnkey system.  school-branded services eliminate the operational costs of running a bookstore, reduce the costs of books to students, and provide a platform for digital distribution of course materials. The company's integrated peer-to-peer marketplace, TextbookX.com, allows students access to millions of other buyers and sellers and to use financial aid for such purchases.

About AlwaysOn

AlwaysOn ignited ig·nite  
v. ig·nit·ed, ig·nit·ing, ig·nites

v.tr.
1.
a. To cause to burn.

b. To set fire to.

2. To subject to great heat, especially to make luminous by heat.
 the open-media revolution in early 2003 by being the first media brand to launch a global blog network (1) An organization that hires people to write blogs. It sells advertising and owns the blogs. Examples of such commercial blog networks are www.engadget.com and www.b5media.com. See blog.

(2) An organization that serves as an advertiser intermediary for bloggers.
. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As their loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming.
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Publication:Business Wire
Date:Oct 20, 2009
Words:385
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