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Glymetrix of Salem Wins 2009 North of Boston Business Plan Competition
Date:5/15/2009

Wins $10,000 first prize, Ashton Industries of Boxford second; Halcyon Diagnostics, Inc. of Beverly, third.

SALEM, Mass., May 15 /PRNewswire-USNewswire/ -- The Enterprise Center at Salem State College and the Merrimack Valley Economic Development Council are proud to announce the winners of the 2009 North Boston Business Plan Competition. Glymetrix of Salem won the grand prize of $10,000. Ashton Industries of Boxford came in second winning $6,000 and Halcyon Diagnostics, Inc. of Beverly took home the third prize of $4,000.

"This competition showcases the breadth and quality of new growth businesses in our region. North of Boston is a great place to work and live and this plan underscores our commitment to the business community," said Christine Sullivan, Executive Director of the Enterprise Center at Salem State College.

The winners are:

First Place: Glymetrix, Salem, MA

Glymetrix provides innovative engagement strategies to motivate better diabetes management through the use of games, rewards and incentives.

Second Place: Ashton Industries, Boxford, MA

Ashton Industries, Inc. is dedicated to designing and producing affordable and widely available foot care products for children. The Boxford, Massachusetts-based company delivered its first product, Arch Angels(R) to market in 2008. Arch Angels(R) are the first comfort insoles that address the unique needs of children's developing feet and is doctor-designed and pediatrician approved.

Third Place: Halcyon Diagnostics, Inc., Beverly, MA

Halcyon Diagnostics, Inc. is an early-stage personalized medicine company focused on commercializing novel predictive diagnostics for targeted cancer therapeutics.

"This group of competition winners has built diversified management teams, strong business models, and products that are either innovative or are produced in new ways. We congratulate Glymetrix and all the companies that participated in this competition and thank them for their critical role in growing the regional economy," said Bob Halpin, President of the Merrimack Valley Economic Development Council.

Thirty companies entered the contest. Of these, six semi-finalists were chosen by a panel of investors, bankers, business owners, academics and entrepreneurs. Of the six, three finalists were selected to participate in the finale and vie for $20,000 in prize money.

    Contact Information for finalists:

    Tom Hunter
    CEO Glymetrix
    121 Loring Ave.  Suite 540
    Salem, MA 01970
    978-740-5900
    781-346-4461 cell
    thunter@glymetrix.com
    www.glymetrix.com

    Heather Ashton Manolian
    Cofounder and CEO
    Ashton Industries, Inc.
    P.O. Box 121
    Boxford, MA  01921
    978-882-2173
    www.myarchangels.com
    heather@myarchangels.com

    James G. Cullem, J.D
    Managing Principal
    Aurora Nova, LLC
    458 Boston Street
    Suite 1-3
    Topsfield, MA 01983
    jcullem@AuroraNovaIP.com
    www.AuroraNovaIP.com
    ph: (978) 986-0993
    fax: (978) 986-2000


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SOURCE Enterprise Center at Salem State College
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