"Fifteen out of the 30 winnersin Consumer Web, Software and Internet Infrastructure are creatingproducts and services related to online entertainment, security andperformance optimization. It clearly reflects the current market needsand future growth areas."The TiE50 judging process was designed with meticulous planning, screeningand judging by a list of over forty prominent entrepreneurs, venturecapitalists, corporate executives and other domain experts. "The judges were impressedby the quality of ideas and execution across each vertical segment. Thesefifty companies represent the finest in entrepreneurship and serve as rolemodels encouraging and inspiring emerging startups to succeed asentrepreneurs stimulating the economy.""While the TiE50 winners have innovated in a variety of different areas,some clear patterns have emerged highlighting the current hot spots," saidJai Rawat, content chair for TiEcon 2009. SANTA CLARA, CA, May 13 (MARKET WIRE) -- TiEcon 2009, the world's largest conference for entrepreneurs, todayannounced the winners of the TiE50 Awards.

Selected from nearly 1,200nominated companies, the winners represent the hottest emerging startupsin five focus segments: Consumer Web, Internet Infrastructure, Cleantech,Wireless and Software. A full list of the TiE50 is available at http:// the TiE50 winners are diverse in terms of size, progress, maturityand location, they share a common thread of innovation, ingenuity, strongmanagement teams and overall quality of ideas. This is one of a number of additions that Colgan has made to itstraining and safety programs in the wake of the accident.For more information, visit for a newly posted,comprehensive list of Frequently Asked Questions that clarifies additionalinformation about the accident involving Flight 3407.Contact:866-978-9961Email ContactCopyright 2009, Market Wire, All rights reserved.-0-. We cannot speculateon why they did not use their training in dealing with the situation theyfaced.Since the accident, Colgan has also instituted stick pusher demonstrationsin a flight simulator, despite the fact that flight simulator training onthis issue is not required by the FAA and is not standard in the airlineindustry. This training is consistent withprograms and training equipment employed at all major air carriers.Captain Renslow and First Officer Shaw did know what to do, had repeatedlydemonstrated they knew what to do, but did not do it. In addition, a pilot does indeedreceive hands-on experience in the flight simulator on the proper responseto stick shaker activation, despite news reports to the contrary.Like all Colgan pilots, Captain Renslow and First Officer Shaw hadthorough initial and recurrent training on how to recognize an impendingstall situation through the stick shaker and how to recognize theaircraft's response to a possible stall. These news reports areinaccurate.Colgan Air is issuing this statement to clarify this inaccuracy in newsreports about the accident and the hearing at the National TransportationSafety Board (NTSB) into the accident.In fact, Colgan's FAA-approved training program does provide comprehensivetraining on the stall warning system during initial Q400 ground school aswell as annual recurrent ground school.

WASHINGTON, DC, May 13 (MARKET WIRE) -- There have been a number of news reports stating that Captain MarvinRenslow and First Officer Rebecca Shaw did not receive trainingspecifically to deal with the situation that confronted him in theseconds before the accident involving Flight 3407. As a leader in allsectors of defense and homeland security, EADS North America and itsparent company, EADS, contribute over $10 billion to the U.S. economyannually and support more than 190,000 American jobs through its networkof suppliers and services. Operating in 17 states, EADS North Americaoffers a broad array of advanced solutions to its customers in thecommercial, homeland security, aerospace and defense markets.*NightHawk(TM) is a trademark of DR Software.Media Contact:Tami TimperioVP, Global Marketing CommunicationsPlantCML(R), an EADS North America CompanyTel: 951.719.2423Email: Email ContactCopyright 2009, Market Wire, All rights reserved.-0-.