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HPG Celebrates Second Stage Companies

RALEIGH, N.C. (September 29, 2010)  Hughes Pittman & Gupton, LLP (, the largest CPA firm headquartered and staffed in the Research Triangle Park region of North Carolina, congratulates six clients who received recognition as 2010 Companies to Watch.

Presented by CED, The North Carolina Companies to Watch Awards Program was held on Thursday, September 23, 2010 at the Raleigh Marriott City Center. A total of 25 companies were recognized during the program. HPG clients that were honored include:

“We are thrilled that our clients have received this recognition,” says Brooks Malone, HPG partner and CED board member since 2004. “These companies are playing an instrumental role in North Carolina’s economic growth.”

The awards highlight second-stage companies that demonstrate high performance in the marketplace, exhibit innovative products or processes, or contribute significantly in the community. Second-stage companies are leading the way in North Carolina job growth. From 2005 to 2007, North Carolina has averaged more than 47,000 second-stage businesses, which have employed more than one million workers, according to

HPG served as a sponsor of the awards program. This continues an extended history of active CED involvement including sponsorships and committee participation. Highlights include HPG partner Tim Gupton being the former chairperson of the CED board of directors and co-founder of the FastTrac Tech program, as well as both Gupton and Malone being recipients of the Outstanding Service to Entrepreneurs Award.

About Hughes Pittman & Gupton, LLP (HPG):

HPG is the largest CPA firm headquartered and staffed in the Research Triangle Park region of North Carolina, as ranked by the Triangle Business Journal. More than just an accounting firm, HPG assists clients in looking beyond the bottom line by being the right people, right value and right firm to achieve each client’s definition of success. HPG is a member of CPAmerica International and affiliated with the Horwath alliances of firms, with offices worldwide. The firm leverages this to provide national and global accounting resources to its clients. HPG offers a wide array of business accounting, auditing, corporate tax and management advisory services. Specialties include serving owner-managed, investor-backed technology and life science organizations, healthcare services, real estate development, manufacturing and distribution businesses, as well as providing ERISA audits, family wealthcare services and Sarbanes-Oxley internal audit services.

HPG has remained committed to advancing a thriving Triangle community since its founding in 1983. In recognition, the firm is the recipient of two Pinnacle Business Awards by the Greater Raleigh Chamber of Commerce; the 2009 Large Entrepreneurial Business Award and the 2010 Integrity in Business Award. Additionally, HPG has been certified Green Plus by the Institute for Sustainable Development for integrating environmental sustainability efforts into company culture, and has been named one of the top 100 Best Accounting Firms to Work For in the country by Accounting Today. Visit or follow HPG on Twitter at

About CED:

CED (formerly The Council for Entrepreneurial Development) is a private, nonprofit organization founded in 1984 to identify, enable and promote high-growth, high-impact companies and accelerate the region’s entrepreneurial culture. Headquartered in the Research Triangle Park, CED is the oldest and largest entrepreneurial support organization in the nation with more than 5,500 active members. CED provides know-how, networking, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, programs and web-based resources. CED has helped entrepreneurs, investors, service partners, researchers and public policy makers in diverse emerging industries and at all stages of development – from high-tech, production-based organizations to service companies, from one-person start-ups to 1000-person businesses. Visit for more information.