All Press Releases for July 22, 2015

Openbay Named an "Innovative Technology of the Year - IoT" Finalist for 18th Annual Technology Leadership Awards

First-of-its-kind OpenbayConnect platform remotely determines cause & cost of auto repair service.



    CAMBRIDGE, MA, July 22, 2015 /24-7PressRelease/ -- Openbay [www.openbay.com] today announced that it has been named a finalist in the Innovative Technology of the Year - Internet of Things for the 2015 Mass Technology Leadership Council (MassTLC) Technology Leadership Awards. Openbay is the only nationwide online marketplace for auto repair, and OpenbayConnect, which debuted earlier this year, is a first-of-its-kind platform that leverages connected-car technology to remotely diagnose automotive vehicle problems and deliver competitive repair quotes to consumers from local mechanics.

MassTLC unveiled the finalists for the 18th annual awards during a cocktail reception hosted at the Microsoft NERD Center. Attended by hundreds of executives, technologists, investors, media, analysts and other members of the Massachusetts innovation ecosystem, this year's award nominees represent the best of the region's tech industry in 16 categories. A complete list of finalists appears on the MassTLC site [http://masstlcawards.org/finalists/].

"Our congratulations to Openbay and to all of the 18th annual MassTLC Leadership Awards finalists. Each one is an example of the executive leadership, business acumen and technological innovation fueling Massachusetts' economy and an example of the breadth and depth of talent in our region," said Tom Hopcroft, president and CEO of Mass Technology Leadership Council.

"It's an honor for our OpenbayConnect platform to be recognized as a leader in IoT," said Rob Infantino, Openbay founder & CEO. "By leveraging connected car technology, OpenbayConnect will remotely determine cause, cost and availability to perform the repair by local mechanics, answering virtually every driver's need for efficient, affordable auto repair service."

Finalists were selected from hundreds of nominations, as judged by panels of executives, investors, analysts, media and thought leaders in each of the 16 categories who participated in the selection process. The pool of finalists will be further narrowed during the coming weeks. Winners will be announced on Wednesday, September 16, at the MassTLC Leadership Awards Gala at the Seaport World Trade Center in Boston. More details, advance registration and sponsorship information are available at [http://masstlcawards.org/].

Award categories for the 2015 Technology Leadership Awards include: CEO of the Year, CTO of the Year, Emerging Executive of the Year, Private Company of the Year, Public Company of the Year, Start-up to Watch, Innovative Technology of the Year - Big Data, Innovative Technology of the Year - Cloud, Innovative Technology of the Year - Education Technology, Innovative Technology of the Year - Healthcare and Life Sciences, Innovative Technology of the Year - Internet of Things, Innovative Technology of the Year - Mobile Applications, Innovative Technology of the Year - Mobile Technology, Innovative Technology of the Year - Robotics, Innovative Technology of the Year - Sales & Marketing, Innovative Technology of the Year - Security.

The 2015 Technology Leadership Award are sponsored by (Platinum) Aericon, Heidrick and Struggles, Invest Hong Kong, Invest Northern Ireland, Marsh & McLennan Agency, Microsoft, PwC, Skyscope, (Gold) Century Link , ChenPR, Cisco, kSquare Law, Raytheon.

About The Mass Technology Leadership Council, Inc.
With more than 550 member companies, the Mass Technology Leadership Council (MassTLC) is the region's leading technology association and the premier network for tech executives, entrepreneurs, investors and policy leaders. MassTLC's purpose is to accelerate innovation by connecting people from across the technology landscape, providing access to industry-leading content and ideas and offering a platform for visibility for member companies and their interests. More at http://www.masstlc.org

About Openbay
Openbay is an award-winning online marketplace helping consumers comparison shop for automotive repair and maintenance service saving upward of 50% by shops competing for their business. In 2015, Openbay announced OpenbayConnect, a first-of-its-kind car repair service to remotely determine the cause and cost of automotive repairs. Openbay is headquartered in Cambridge, MA, is privately held and its investors include Google Ventures, a16z seed, Boston Seed Capital, Stage 1 Ventures and several individual investors. More at http://www.Openbay.com

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