ThermoAnalytics, Inc. of Calumet, Michigan has been recognized as one of the “50 Companies to Watch in Michigan,” a new awards program sponsored by the Edward Lowe Foundation.

Keith Johnson and Dr. Allen Curran of ThermoAnalytics received the honor at awards ceremonies during the first annual Michigan Celebrates Small Business event, April 28 in East Lansing.

"We are honored to be recognized as one of the 50 Companies to Watch in Michigan” said Keith Johnson, President of ThermoAnalytics. "Our employees have worked very hard to achieve this type of success, and it is very satisfying to have these efforts acknowledged. As a start-up company, we were primarily concerned with survival. We have now transitioned to a strong second-stage company where our concerns are more about managing growth. We are focusing on a strategy that will maintain the same culture that produced our early stage creativity and innovation, while continuing our growth that will ensure our stability and well-being for years to come. Governor Granholm recognized these 50 companies as the driving force behind the revitalization of the Michigan economy, and we are proud to be a part of it."

Founded in 1996, ThermoAnalytics is an employee-owned company with its headquarters in Michigan's scenic Upper Peninsula. ThermoAnalytics, Inc. is a leading developer of thermal, fluid-flow, and infrared modeling software. ThermoAnalytics software products and services help engineers in corporations worldwide to optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and cost. ThermoAnalytics' software is used in many industries, including automotive, aerospace, electronics, environmental, manufacturing, and defense applications. Company profile as seen on the Michigan Top 50 Companies to Watch website:

"50 Companies to Watch in Michigan is a unique awards program designed to shine the spotlight on second-stage companies,” says Edward Lowe Foundation Executive Director Mark Lange. The Edward Lowe Foundation is a not-for-profit operating foundation based in Michigan. Its mission is to “champion the entrepreneurial spirit” by helping second-stage entrepreneurs learn from each other.

“Start-up companies and large corporations often garner attention for their achievements,” says Lange. “But growing second-stage enterprises work mostly behind the scenes, even though they generate the bulk of new, sustainable jobs and are a powerful economic force underpinning the high quality of life most Americans enjoy." Companies nominated to be members of the “50 Companies to Watch in Michigan” list must be second-stage companies, defined as employing 7 to 99 full-time-equivalent employees and generating $750,000 to $50 million in gross annual sales. In addition, the companies must be privately held and headquartered in Michigan.

Winners were selected by the Michigan Celebrates Small Business event partners. The Michigan Small Business & Technology Development Center, Small Business Association of Michigan, Michigan Economic Development Corporation, U.S. Small Business Administration-Michigan and Edward Lowe Foundation, made their selections based upon the winners demonstrated intent and capacity to grow, evidenced by one or more of the following:

• Employee or sales growth

• Exceptional entrepreneurial leadership

• Sustainable competitive advantage

• Other notable factors that showcase the company's success

Michigan Celebrates Small Business was underwritten by the Accident Fund Insurance Company of America; BDO Seidman, LLP, Accountants and Consultants; Clark Hill PLC Attorneys at Law; Microsoft; and National City. Media partners include Crain’s Detroit Business, the Greater Lansing Business Monthly, MiBizWest, MiTechNews.com, Northwest Michigan Business News, and WJR Radio, Detroit.

Information about the 2005 “50 Companies to Watch in Michigan” program can be found at http://edwardlowe.org/Michigan50. The 2005 Michigan Celebrates Small Business event was held April 28, 2005, at the Kellogg Hotel & Conference Center in East Lansing. For more information go to www.michigancelebrates.biz or call (800) 362-5461.

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Founded in 1996, ThermoAnalytics, Inc. is an employee-owned company with its headquarters in Michigan's scenic Upper Peninsula. ThermoAnalytics is a leading developer of thermal, fluid-flow, and infrared modeling software. ThermoAnalytics software products and services help engineers in organizations worldwide to optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and cost. ThermoAnalytics software is used in many industries, including automotive, aerospace, electronics, environmental, manufacturing, and defense applications.

ThermoAnalytics’ thermal and infrared software products are available through distributors in the United States, Europe, India, Japan, and South Korea. Additional information on ThermoAnalytics' products can be obtained on the web: www.thermoanalytics.com or by e-mail: info@thermoanalytics.com