Rite Track Receives Ohio Department of Development Technology Award

November 9, 2004 - Rite Track, a leading manufacturer of track systems for the semiconductor, MEMS and thin film head industries, today announced it as been awarded a 2004 Ohio Department of Development (ODOD) Emerging Technology Award.

The award was one of eleven presented November 8, 2004, at the National Underground Railroad Freedom Center in Cincinnati by Governor Bob Taft and Bruce Johnson, Director of ODOD. The award recognizes the innovations and significant accomplishments of small, technology-oriented companies in Ohio. More than fifty companies were considered for the award.

The criteria was that the company has made significant progress in advancing an existing technology and/or introduction of a new technology. Rite Track qualified under both criteria with the developments we have made in enhancing the 8X and 9X machine capabilities.

"I commend Rite Track for the success they have found in an increasingly competitive and technology-based economy," said State Development Director Bruce Johnson. "Companies like Rite Track are ensuring that Ohio's long history of innovation will continue well into the future."

"This year's winners are building upon Ohio's role as a worldwide leader in innovation," Ohio Governor Bob Taft said. "These businesses have demonstrated a strong commitment to product development and job creation in Ohio, paving the way to a stronger, brighter future for Ohioans and the world at large. I commend Rite Track and all our award winners on their outstanding achievements."

"This is a great honor for Rite Track and its employees," said Tim Hayden, Rite Track President and CEO. “We are proud to be located in Ohio and are pleased that we have been able to bring another segment of our industry to the state."

The Edison Program, Organized by ODOD, is an initiative that effectively brings together technology providers and users to create commercial opportunities. The Emerging Technology Award specifically honors companies that have utilized technology to impact not only their own operation, but also the quality of life in their community, in the state of Ohio and around the world.


.About ODOD: The Ohio Department of Development is a cabinet level agency that promotes economic opportunities to improve the profits and prosperity of Ohio's citizens. The Department, acting in a support role, provides financial, informational, and technical assistance to those making an investment in Ohio's future. ODOD oversees a full portfolio of programs including: business attraction and retention, small business growth, technology commercialization, export promotion, travel promotion, energy efficiency, affordable housing, community infrastructure, downtown revitalization and brownfield clean-up. Visit the ODOD website at www.odod.state.oh.us.

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