Recognized for ground-breaking solution for multi-commodity trading and risk management
WESTPORT, Connecticut, USA (July 18, 2006) - Triple Point Technology, Inc., the leading global supplier of cross-industry software platforms for the supply, trading, marketing, and movement of commodities, announced today that it has won the gold Connecticut Quality Improvement Award (CQIA) Innovation Prize for its Commodity XLTM multi-commodity platform - marking the third year in a row that Triple Point has won the CQIA Innovation prize. In 2005, Triple Point received the CQIA Innovation Prize for its Commodity XL PhysOps 'Visual Cockpit' and in 2004 for its automated implementation process.
Other winners of the gold CQIA Innovation prize include Pitney Bowes for its new mail screening system that detects anthrax while minimizing pathogen exposure to staff and facilities, Pfizer for streamlining the drug discovery process, and HoloTouch for its holographic human-machine interfaces.
"I'm extremely pleased to have received this award which recognizes our commitment to innovation and performance excellence," said Mike Ravo, vice president, industry solutions, Triple Point Technology. "Every department within Triple Point, from engineering to delivery to customer support, is committed to maintaining technical, product and service leadership, enabling us to deliver award-winning solutions and superior value to our customers."
The Connecticut Quality Improvement Award Partnership, Inc., America's first state-level quality award, was founded in 1987 using the Malcolm Baldrige National Quality Award for Performance Excellence criteria in an effort to advance innovative programs that improve quality, performance excellence, and marketplace competitiveness.
The CQIA prize adds to the recent widespread independent recognition Triple Point has received for its product solutions including the top "User Choice 2006 - Trading and Portfolio Management" ranking, "Software House of the Year" and "Top Software Package" by Energy Risk Magazine. Triple Point also was named to the Deloitte Fast 50 for a record-breaking eight years in a row.
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