Apparatus Named as One of the 2010 Indiana Companies to Watch

July 15, 2010 (INDIANAPOLIS, IN) – Indianapolis based Apparatus was recognized as one of the 2010 Indiana Companies to Watch, an awards program presented by the Indiana Economic Development Corporation, its small Business Development Center network, Purdue University and the Edward Lowe Foundation.

Apparatus was one of forty-one Indiana companies to receive the recognition after a review of over 300 nominations.

Companies to Watch is an awards program that celebrates Indiana privately held second-stage companies, typically those businesses that are past the startup phase, are considered to be established, and face issues of growth, not survival. Companies must be privately held businesses that employ up to 150 employees and have between $750,000 to $100 million in annual revenue or capital.

Companies honored range from traditional businesses involved in manufacturing, financial services and retail trade to high-tech companies working in the life sciences, information technology, telecommunications, and aerospace industries.

About Apparatus
Apparatus is an established leader in advanced IT consulting and managed services, specializing in the design, build, and support of IT infrastructure solutions for clients ranging from startups to Fortune 500 enterprises. The company employs 80 people.

About IEDC
The state of Indiana’s lead economic development agency, the Indiana Economic Development Corporation oversees Indiana’s statewide business attraction and development efforts, coordinates state programs and incentives for companies looking to grow in Indiana, and provides assistance and funding to Indiana entrepreneurs and high-tech start-ups.

About The Indiana Small Business Development Center Network
The Indiana Small Business Development Center Network offers free and low-cost information, management counseling and educational services to support the state's small-business owners and potential entrepreneurs, boosting economic development and creating jobs within the state.

About Purdue University
As Indiana’s land-grant university, Purdue has a long history and commitment to Indiana’s economic development. In today’s knowledge based economy, this commitment is more important than ever. Purdue supports the Companies to Watch program through its Office of Engagement, Center for Regional Development, Burton Morgan Center for Entrepreneurship, College of Agriculture, Purdue Extension, Technical Assistance Program, and the Purdue Research Foundation.

About the Edward Lowe Foundation
The Edward Lowe Foundation inspired the creation of the Companies to Watch program to celebrate second-stage entrepreneurs and their companies. Established in 1985, the Edward Lowe Foundation is a Michigan-based nonprofit organization that supports entrepreneurship through recognition, education and research with a focus on second-stage companies—those that have moved beyond the startup phase and seek significant, steady growth. The foundation also encourages economic gardening, an entrepreneur-centered strategy providing balance to the traditional approach of business recruitment.