“We are very excited to be in this group of distinguished and up-and-coming companies,” says PMV partner Scott Goemmel. “This is a testament to the entire PMV Team and their great work as we continue to move PMV forward.”

Companies nominated for the “Michigan 50 Companies to Watch” list must be second-stage companies, defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants. In addition, the companies must be privately held and headquartered in Michigan.

Winners were selected by judges from the banking, economic development, entrepreneurship development and venture capital communities. Judges evaluated the nominees’ demonstrated intent and capacity to grow based on 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

PMV Technologies will be honored at an awards ceremony during the third annual Michigan Celebrates Small Business event, April 24 in Lansing.

National City is the lead sponsor for Michigan Celebrates Small Business. Other supporters include Clark Hill PLC Attorneys at Law, Michigan Economic Development Corporation, the Accident Fund Insurance Company of America and Dynamic Edge.

Information about the 2008 Michigan 50 Companies to Watch program can be found at http://Michigan.CompaniesToWatch.org. For information about Michigan Celebrates Small Business, visit http://MichiganCelebrates.biz.