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The winners were chosen from a record number of nominations, showing the depth of the valley's innovation even during rough economic times.
"Among the things we considered in this year's nominees include the potential viability of the company and the 'wow' factor that clearly sets something apart," said Publisher James MacGregor. "We were ultimately looking for companies that could completely change technology in their sectors, not just advance it a step or two."
The winners and finalists named at the awards event are:
Mobile technology
Winner: Lost? Micello maps the great indoors
Finalist: Mobclix connects mobile app developers with revenue
Search
Winner: Redbeacon lights way for service providers, clients to find each other
Finalist: You are what you eat, and SmartShopIt helps you get educated
Security
Winner: With ThreatMetrix, every visitor gets screened for fraud potential
Finalist: SecureBox keeps your cargo in ship shape
Biotech
Winner: Biotech firm Complete Genomics takes the lead in genome sequencing
Finalist: Versartis may help daily injections be a thing of the past for diabetics
Entertainment
Winner: Telepathy? Not exactly, but NeuroSky is one step closer
Finalist: Watch out, consoles: OnLive streaming games let users play anywhere
Social networking
Winner: Clixtr creates an instant photo network
Finalist: Dyyno lets you share any media you want, when you want
Medical devices
Winner: Evalve offers an alternate route to heart repair
Finalist: Hello AcelRx, goodbye morphine drip
Cloud computing
Winner: Box.net lets you store, share, work in the computing cloud
Finalist: LiveOps SaaS company clouds traditional call center
Clean/green technology
Winner: G24 creates personal power plants
Finalist: What’s new in sheet metal? Industrial Origami may surprise you
Collaboration
Winner: Liaise makes good on your commitments
Finalist: Fuze Box software simplifies the virtual meeting
Internet technology
Winner: ODesk finds a world of freelance talent
Finalist: Find your Web audience — then buy it, says Quantcast
