Raleigh, N.C., Nov. 11, 2013 – Power Analytics, a leader in advanced energy and power management solutions, was named Most Innovative Small Company during the North Carolina Technology Association’s NCTA 21 Awards ceremony on Nov. 7. Power Analytics was also a finalist in Clean Technology Company category.

Power Analytics is among a small group of North Carolina companies to be named a finalist in more than one category for the annual technology awards. The NCTA 21 Awards is North Carolina’s only statewide technology awards program, recognizing companies and individuals who have characterized excellence, innovation and leadership in 21 categories. Nearly 800 leaders from across the state gathered to celebrate the tech sector and honor the winners and finalists in each category. The panel of judges specifically cited Power Analytics’ work in microgrids and mission critical.

“We are proud to be selected by our peers and esteemed industry leaders for this award,” said Power Analytics President and CTO Kevin Meagher. “This recognition belongs to our dedicated team who works each day providing the most advanced technologies to manage our customers’ critical power infrastructures. We strive to be on the forefront of the market space offering solutions for use in energy intensive, mission-critical facilities and microgrids.”

“Since 1995, the NCTA 21 Awards has honored excellence and innovation throughout North Carolina, representing the best and brightest,” said Brooks Raiford, president and CEO of NCTA. “Power Analytics has distinguished itself as one of the state’s technology leaders and we are proud to recognize them as a winner of the Most Innovative Company Award.”

The North Carolina Technology Association is the statewide membership association for the tech sector. For more information on the NCTA 21 Awards selection process, categories, and full list of winners, visit www.NCTA21Awards.com.

About Power Analytics Corporation

Used by the power industry for more than 25 years, Power Analytics’ software solutions have surged to the forefront of the electrical system planning, operation and smart grid market space for use in energy intensive, mission-critical facilities and microgrids. Paladin® products currently protect more than $120 billion in customer assets including financial data centers, air traffic control sites, military installations, deep sea oil platforms, and power generation and distribution facilities. The company is a small business with headquarters in San Diego, Calif., and a smart grid center of excellence in Raleigh, N.C.

Power Analytics’ Paladin Software gives energy management and electrical engineering professionals control over their critical power infrastructures from design and modeling to simulation and analysis, saving hundreds of thousands of dollars, minimizing downtime, recovering stranded load capacity, reducing energy costs and optimizing business continuity. For more information about Power Analytics and its products, visit www.PowerAnalytics.com.

About NCTA

The North Carolina Technology Association (NCTA) is the statewide membership association for the tech sector.  Because technology is integral to any enterprise regardless of size or function, NCTA membership is open to all companies, organizations and institutions.  NCTA serves organizations and their people through events, advocacy, virtual networks and resources.  For more information, visit www.nctechnology.org.

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