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Emerging enterprise winners named

By Bontle Moeng, ITWeb trainee journalist
Johannesburg, 17 Oct 2005

InfoSlips, Mimecast and Oxyrane have been named the most promising emerging enterprises in the 2005 Technology Top 100 (TT100) Awards, with Blue Catalyst Investment and the Archimedes Foundation being named the most noteworthy achievers for the social innovation category.

The winners were named during an event in Sandton on Friday.

TT100 general manager Stephan Lamprecht said at the awards ceremony that SA had a wealth of innovative companies.

"It is the intention of the TT100 Awards to turn SA into a world renowned centre for innovation," said Lamprecht.

The Technology Top 100 is seen as SA`s foremost business excellence award focusing on small, medium and large enterprises. It also awards technology organisations such as the Council for Scientific and Industrial Research and local universities.

"TT100 recognises the way organisations use technology to effectively achieve their own objectives, including maximising profits, gaining market share, creating niche markets or adding value for their investors, shareholders and trustees," said Lamprecht.

"TT100 is therefore less about technology itself, than about the way technology is used innovatively."

InfoSlips developed a new electronic format for invoices, statements and payslips, while Mimecast has created a converged service for e-mail and protection.

Oxyrane, a new biotechnology business, developed a technology that allows pharmaceutical, agrochemical and chemical enterprises to produce chiral epoxides as intermediates in the synthesis of their chemical and pharmaceutical products.

Blue Catalyst Investment has created an electronic proprietary business-based social network engine used for the posting of innovative business ideas to a network of industry specialists.

The Archimedes Foundation has created an automated electronic donation collection method with a low processing cost and a procedural toolkit that can be rolled out easily to international users.

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