Agilence Named NJTC 2009 Incubator Company to Watch

Somerset, N.J. (November 18, 2009) — Agilence, Inc., a leader in intelligent loss prevention solutions, was recognized as one of the “Incubator Companies to Watch” at the New Jersey Technology Council’s (NJTC) 2009 “Best of Year” awards.

 

The NJTC announced the winners of its “Best of Year” honors last night at the Annual NJTC Awards Gala. The black-tie event, which celebrates the technology sectors of New Jersey, was held at the Palace at Somerset. 

 

“At Agilence, we created a unique solution that identifies all point-of-sale losses with unprecedented speed and accuracy,” states Russ Hawkins, President and CEO. “It is an honor to have our success recognized by the NJTC as we continue to move forward as a leader in this industry.”

 

Agilence’s patented item-level synchronization software, Hawkeye, pulls data directly from the point-of-sale system and marries the data with video in real-time, perfectly linking an individual item with its associated video image. With both data and corresponding video instantly available, retailers are able to identify and address issues early on and before they cause significant shrink.

 

“We are so proud to have been able to name Agilence as an Incubator Company to Watch for 2009,” said Maxine Ballen, CEO and president of the NJTC.  “We are excited to watch Agilence as they continue to be an innovative leader in New Jersey.”

 

The NJTC Awards Gala, an annual event recognizing the “Best in Technology” companies as well as government, educational and technology support leaders, has often been called the “Academy Awards” for New Jersey’s technology community. The gala honors companies and individuals in many categories – including Public, Private, Life Sciences, Green Communications, and IT/software. The event is hosted by the NJTC with support from several key sponsors.

 

Agilence develops intelligent loss prevention solutions that enable retailers to quickly identify point-of-sale losses caused by associate fraud, systemic issues, operator errors, and promotional errors that directly impact the profitability of the organization. The Agilence solution can reduce cashier shrink by up to 30% and provide retailers with a 6-to-1 ROI in just 12 months.

 

Founded in 2006, Agilence, Inc. is headquartered in Camden, N.J.   To learn more about Agilence, Inc., please visit www.agilenceinc.com or call 866-710-3792.