By Steve Kozak –
How’s this for holiday cheer?  TeleCommunication Systems has acquired 3 companies in the last 45 days.  Nov 3 - Solvern Innovations (a $18M company), Nov 16 – Sidereal Solutions (~ $20-$24M company) and Dec 1 - Networks in Motion (for $170M).  Then we hear that Millennial Media receives $16M in new funding.  There’s the news that early clinical trials by PharmAthene, testing a potential treatment for exposure to chemical nerve agents, have generated positive results.  TESSCO posted a 16% spike in profit and was ranked by Forbes magazine as one of the Best 200 companies for a third year in a row.  And the word, according to Robert Half Management Resources, that when the economy reboots, CFO’s are planning to improve their information technology systems…which is great news I’m sure everyone would agree.

Yes, tech will bring us back and while we may not be feeling the economic surge yet…I can almost taste it…and I can’t wait.

TechNite registration is open for everyone at: http://is.gd/2oMDn.  Please join us for a great evening of networking, food, fun and a few surprises - stay tuned!

Also, a big thanks to our sponsors - Premiere: Duane Morris, Miles & Stockbridge, Whiteford Taylor & Preston LLP; Signature: Baltimore County Dept of Economic Development, Baltimore Development Corporation, Bill Me Later, e.magination, Gordon Feinblatt, Grant Thornton, Howard County Economic Development Authority, Katz Abosch, KPMG, Mind Over Machines, Northrop Grumman, PricewaterhouseCoopers, Saul Ewing, Tydings & Rosenberg LLP, University of Maryland; Media Sponsors: Daily Record and Baltimore Business Journal

Annapolis, MD – Oct 8, 2008 – Zenoss Inc., a leading provider of commercial open source application, systems, and network management software, today announced it achieved record sales during the third quarter of 2008.  While IT budgets continue to pull back in the wake of the global economic slow down, the rapidly-growing software firm grew 85 percent quarter over quarter, adding over 35 new commercial customers including large financial institutions, Fortune 500 companies, leading web-based companies and branches of the US Armed Forces.  To date, Zenoss’ solution has been installed in 175 countries by over 18,000 organizations around the world. 

To read the full story click here: www.zenoss.com.