For Immediate Release:
November 24, 2010 – Gorham, Maine, USA
ANANIA & Associates Investment Company LLC (“AAI”), a Maine Investment Fund, is pleased to announce four of its portfolio companies recently received Maine Technology Institute awards.
“We are very excited about the potential product developments in each of our portfolio companies” commented Peter V. Anania, Chairman of AAI. “These developments are a direct result of utilizing programs offered through the Maine Technology Institute (MTI).”
“These various awards allow our companies to implement focused research and development without compromising existing resources of our ongoing operations. Partnering with groups like MTI allow Maine companies like ours to excel worldwide by creating new products, whether it be in the scientific, biotech or medical fields. The successful commercialization of these new products will lead to the creation of many, quality, good paying jobs for Maine people.”