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Intelligent Systems Incubator Recognized as Top 10 Technology Incubator

 Norcross, GA – The Intelligent Systems Incubator has been ranked a top-performing technology incubator in a report produced by the National Business Incubation Association (NBIA) following a 12-month analysis of U.S. technology business incubation programs.  

            The Intelligent Systems Incubator ranked in the top ten programs with an information technology or electronics focus in terms of average revenue growth, average employment growth and average equity investment in incubator companies.  Average revenue and employee growth are two key indicators used in the industry to measure client and incubator success.  

            “The ultimate goal of an incubation program is to facilitate the business success of its client companies,” said Dinah Adkins, NBIA president and CEO.  “The Intelligent Systems Incubator has created a program that provides technology entrepreneurs with the resources they need to create high-growth enterprises, which has benefited both the entrepreneurs and the business community as a whole.”

According to Bonnie Herron, Executive Director of the Intelligent Systems Incubator, “The NBIA study validates our approach to technology business incubation.  Our entrepreneurs tell us they value our on-site coaching, access to a peer network and flexible facility options that support their developing businesses without squashing the entrepreneurial drive.  In 2003, we are introducing an Entrepreneur’s Resource Group which will expand our peer coaching and networking to technology companies beyond the incubator walls.”

The top performer ranking is the latest recognition of the incubator’s standing in the industry. The incubator’s Executive Director, Bonnie Herron, was recently elected Chair of the Board of Directors of NBIA, following election to a second term on the board.  In 1999, NBIA honored an Intelligent Systems Incubator company with a Client of the Year award.

The industry research team conducting the study examined the make-up and performance of technology incubators across the country to determine the characteristics key to high-performing programs.  Seventy-nine programs participated in the study which was funded by a grant from the U.S. Department of Commerce’s Office of Technology Policy. 

About Intelligent Systems Incubator – The Intelligent Systems Incubator is a program of publicly traded Intelligent Systems Corporation [AMEX: INS] and is one of the longest running, privately sponsored incubators in the country.  Since 1990, the Intelligent Systems Incubator has helped more than 50 companies by providing entrepreneurs with access to the business expertise of incubator executives, peer interaction, shared services, flexible lease terms and an extensive network of resources.  Information about the Intelligent Systems Incubator and how to join the incubator or the Entrepreneurs Resource Group is available at www.intelsys.com or by contacting Bonnie Herron, 770/564-5504, bherron@intelsys.com.

About NBIA - With about 950 members, the National Business Incubation Association is the world’s leading organization advancing business incubation and entrepreneurship. It provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. Information about NBIA and business incubation can be found at www.nbia.org. 

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