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California Clean Tech Open Selects Syncromatics As Winner of $100,000 ``Startup-in-a-Box'' Award

Posted on: Wednesday, 31 October 2007, 12:00 CDT

Syncromatics Corporation, a leading provider of bus tracking systems for transit agencies and universities, was selected as the winner of the Lexus Transportation Award in the 2007 California Clean Tech Open. The California Clean Tech Open is the nation's pre-eminent business competition for clean technology startups in six different categories. Each category winner receives a "startup-in-a-box" award including a $50,000 cash award as well as professional and business services valued at more than $50,000.

Awarded at the Clean Tech Awards event on October 29, Syncromatics was recognized for its real-time tracking for public buses (universities, metro transit authorities) that allows customers to see when the next bus is coming visually at the stop and access arrival predictions via their cell phones or computers. The California Clean Tech Open honors the development of clean technology companies that foster a healthy natural environment by providing environmental benefits in the areas of energy efficiency, smart power, renewable energy, transportation, green building materials, pollution control and resource management.

"We are privileged to be a part of the growing movement towards sustainable transportation," said Josh Bigelow, CEO of Syncromatics. "Our system enables our customers to bring efficiency to their transit operations by having the right data to make informed decisions to increase the sustainability of their systems while reducing operating costs. At the University of California at San Diego (UCSD) they were able to substantially reduce fuel, vehicle, parking and driver-related emissions, while providing better service."

Syncromatics is currently fully deployed at UCSD, has a pilot study in full swing at the University of Miami, and has trial units in eight additional schools all over the country. Syncromatics consistently delivers groundbreaking features such as passenger counting and statistics that help operators understand rider traffic patterns and schedule adherence. In addition, Syncromatics provides extensive statistical reports for transit operators to see where demand is and isn't on their routes, with the practical effect of substantially increasing ridership and decreasing fuel and vehicle turnover costs.

About Syncromatics

Syncromatics is a privately held California company started in 2006, with the goal of bringing utility to both riders and operators by increasing efficiency and the availability of real-time information. Syncromatics utilizes GPS and cellular networks together with Google Maps to deliver a comprehensive Automated Vehicle Location (AVL) service which delivers end-to-end visibility of all aspects of a transit operation.

About The California Clean Tech Open

The California Clean Tech Open brings together a unique and powerful combination of entrepreneurs, researchers, environmentalists, investors, business professionals and others to create economic growth and environmental sustainability by sparking a clean technology cluster in California. By giving winners early-stage capital and expertise, the competition speeds clean technologies from lab to market. The goal is to foster innovative new businesses focused on energy efficiency, smart power, renewable energy, transportation, green building materials, pollution control and resource management. The competition thrives on the state's strong business and governmental support for innovation, technology and environmental protection to create rich soil for the growth of clean technology enterprises that foster a healthy natural environment. To learn more, please visit: www.cacleantech.com.

The California Clean Tech Open is sponsored by Acterra: Action for a Sustainable Earth, a 501(c) (3) nonprofit based in Palo Alto, California. The competition is supported by a diverse array of businesses, educational institutions, government leaders and private individuals, and run by a dedicated group of volunteers including business professionals, scientists, environmentalists and entrepreneurs.

Source: Business Wire

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