The Investors Choice Award was given to Top Layer by publishing firm Technologic Partners at its annual Network Outlook Conference in Burlingame, California earlier this week. Our engineers have developed some pretty amazing technologies aimed at stopping malicious intrusions into corporate networks, so I was pleased that our innovations were recognized by such an esteemed group of investors. Cohen speculated that Top Layer Networks' business plan resonated with the investors given the fact that the need for network security continues to grow as network speeds get faster, leading to greater vulnerability to attacks and intrusions.
Hackers continue to pose grave problems to companies that fail to protect themselves from the risks.
Maybe it used to be almost like a game, but it is not fun. Our plan is to help those companies vanquish their fears over hacking so that they can concentrate on what's most important to them, their business. Mike Shanahan, managing partner of Top Layer investor Egan-Managed Capital of Boston, remarked, Were pleased that such a prestigious group of investment professionals has recognized the promise that weve seen all along in Top Layer. Its people, its technology, and its strategy for addressing a critical, high growth market segment make it a superb Investors Choice selection. The other companies named Investors Choice winners were 3ware, Ellacoya Networks, Hyperchip, Internet Machines, Luminous Networks, Quake Technologies, Sigma Networks, SmartPipes, and YottaYotta.