Govi Rao Named Chairman of the New Jersey Technology Council

MOUNT LAUREL, N.J., Feb. 7, 2012 /PRNewswire/ -- The New Jersey Technology Council (NJTC) announced today that Govi Rao, President and CEO of Noveda Technologies, has been named Chairman of the Board of Directors for the NJTC. Mr. Rao takes over the Chairman role from outgoing Chairman Simon Nynens, Chairman and CEO of the Wayside Technology Group.

Commenting on the transition, Maxine Ballen, President and CEO of NJTC said, "We thank Simon for his contribution to the council and to the board." She added, "We are very excited that Govi Rao has accepted to chair the council's Board of Directors. Govi brings a unique background to the Chairman's role, having successfully led both technology startups and Fortune 500 companies. I've had the pleasure of working with Govi for the past several years and have tremendous respect for him.  I look forward to working with him in his new role as Chairman of the NJTC Board of Directors."

The NJTC, founded in 1996, represents the state's dominant technology sectors, providing access to capital, both human and financial, and serves as an advocate in Washington, DC and Trenton. The NJTC provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders.

Commenting on the appointment, Govi Rao said, "I am deeply honored to take on this responsibility and look forward to actively contributing to the council's objectives of reaffirming New Jersey's status as a top tier destination for technology companies." He added, "The NJTC is a powerful catalyst for connections across companies, government, investors and talent across the region.  I am inspired by the council's achievements year over year and will endeavor to drive this even further."

The NJTC Board of Directors is comprised of representatives from each of the technology industry sectors, small, medium and large enterprises, supported by the Council, as well as state and education representatives, etc. NJTC Board members are ambassadors for the organization and provide support and assistance with its strategic direction.

For more information on NJTC and how to become a member http://www.njtc.org/join/membership.asp.

About The New Jersey Technology Council (NJTC):

The New Jersey Technology Council provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, NJTC's almost 1,000 member companies work together to support their own enterprises while advancing New Jersey's status as a leading technology center in the United States.

About Noveda Technologies:

Noveda Technologies is the leader in web-based, real-time energy and water management. The company's hardware, software and consulting services help reduce energy and water usage, optimize performance of renewable energy systems, and reduce the carbon footprint for customers across commercial/retail, industrial, government, education, and utility sectors. Noveda also offers real-time collaboration tools that leverage social media to educate and empower stakeholder communities and make the smart grid a reality today. The company has users in over 33 countries with offices in the US, UK, India and Israel. For more information, visit www.noveda.com or call 908.685.6499.

SOURCE New Jersey Technology Council

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