2005: Connecticut Public Companies Ranked By SizeSource: The Hartford Courant

 1. General Electric Co.3135 Easton Turnpike Fairfield, CT 06828203-373-2211 Founded: 1892 Symbol: GE CEO: Jeffrey R. ImmeltRevenues: $152.4 billionNet income: $ 16.6 billionEnd of fiscal year: Dec. One-year shareholder return: 22 percentTotal employees: 307,000 Connecticut employees: 7,000 Website: www.ge.com Description: General Electric is a diversified technology, media and financial services company with products ranging from aircraft engines and power generators to financial services, medical imaging, television programming and plastics.

2. United Technologies Corp. One Financial Plaza Hartford, CT 06103 860-728-7000 Founded: 1925 Symbol: UTX CEO: George David Revenues: $37.4 billionNet income: $2.8 billionEnd of fiscal year: Dec. One-year shareholder return: 29 percentTotal employees: 209,700Connecticut employees: 26,200Website: www.utc.com Description: UTC manufactures and maintains aerospace equipment and building systems. Its most widely known products are Pratt & Whitney jet engines, Sikorsky helicopters, Otis elevators and escalators, Carrier air conditioners, Hamilton Sundstrand aerospace systems and UTC Fire & Security equipment and services.

3. International Paper Co. 400 Atlantic St. Stamford, CT 06921 203-541-8000 Founded: 1898 Symbol: IP CEO: John V. Faraci Revenues: $25.5 billionNet loss: $35 millionEnd of fiscal year: Dec.

One-year shareholder return: -21 percentTotal employees: 80,000Connecticut employees: 500Website: www.internationalpaper.comDescription: International Paper, the world's largest paper company, produces and distributes printing paper, packaging, forest products and specialty chemicals.

4. The Hartford Financial Services Group Inc. Hartford Plaza Hartford, CT 06115-1900 860-547-5000 Founded: 1810 Symbol: HIG CEO: Ramani Ayer Revenues: $22.7 billionNet income: $2.1 billion End of fiscal year: Dec. One-year shareholder return: 15 percentTotal employees: 30,000Connecticut employees: 11,900Website: www.thehartford.com Description: The Hartford is one of the nation's largest financial services and insurance companies and a provider of investment products, life insurance and group benefits; automobile and homeowners products; and business property-casualty insurance.

5. Aetna Inc.151 Farmington Ave. Hartford, CT 06156 860-273-0123 Founded: 1853 Symbol: AET CEO: Dr. John W. Rowe Revenues: $19.9 billionNet income: $ 2.2 billionEnd of fiscal year: Dec. One-year shareholder return: 95 percentTotal employees: 27,150Connecticut employees: 7,338Website: www.aetna.com Description: Aetna, one of the nation's largest health insurers, sells and administers group life, disability, dental, behavioral, pharmacy and long-term care insurance.

6. Xerox Corp.800 Long Ridge RoadStamford, CT 06904 203-968-3000 Founded: 1906 Symbol: XRX CEO: Anne M. Mulcahy Revenues: $15.7 billionNet income: $859 millionEnd of fiscal year: Dec. One-year shareholder return: 2 percentTotal employees: 58,100

Connecticut employees: 800Website: www.xerox.com Description: Xerox is a technology and services company that sells color and black-and-white printing and publishing systems, digital presses, multifunction devices and digital copiers, printers and fax machines. It also offers computer software and supplies.

7. Premcor Inc.1700 E. Putnam Ave.Old Greenwich, CT 06870203-698-7500Founded: 2002Symbol: PCO CEO: Jefferson F. AllenRevenues: $15.3 billionNet income: $478 millionEnd of fiscal year: Dec. One-year shareholder return: 84 percentTotal employees: 2,300Connecticut employees: 246Website: www.premcor.com Description: Premcor is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, petroleum coke and other petroleum products in the United States. It operates refineries in Texas, Ohio, Tennessee and Delaware with a processing capacity of about 800,000 barrels a day.

8. MeadWestvaco Corp. One High Ridge Park Stamford, CT 06905 203-461-7400 Founded: 2002 Symbol: MWV CEO: John A. Luke Jr. Revenues: $8.2 billionNet loss: $349 millionEnd of fiscal year: Dec. One-year shareholder return: 6 percentTotal employees: 29,400Connecticut employees: 325 Website: www.meadwestvaco.com Description: MeadWestvaco produces packaging, coated and specialty papers, consumer and office products and specialty chemicals.

9. Northeast Utilities 107 Selden St. Berlin, CT 06037 860-665-5000 Founded: 1966 Symbol: NU CEO: Charles W. ShiveryRevenues: $6.7 billionNet income: $122 millionEnd of fiscal year: Dec. One-year shareholder return: 8 percentTotal employees: 6,757

Connecticut employees: 4,615Website: www.nu.com Description: NU is New England's largest energy delivery system with more than 1.8 million electric customers in Connecticut, New Hampshire and Massachusetts, and 194,000 natural gas customers in Connecticut. Its regulated utility subsidiaries include Connecticut Light & Power Co., Public Service of New Hampshire, Western Massachusetts Electric Co. and Yankee Gas Services Co. Its unregulated companies include energy marketer Select Energy Inc. and Northeast Generation Services Co.

10. Praxair Inc. 39 Old Ridgebury Road Danbury, CT 06810-5113 203-837-2000 Founded: 1907 Symbol: PX CEO: Dennis H. Reilley Revenues: $6.6 billionNet income: $697 millionEnd of fiscal year: Dec. One-year shareholder return: 32 percentTotal employees: 27,020Connecticut employees: 550Website: www.praxair.com Description: Praxair produces and markets industrial gases used worldwide in such varied markets as electronics, metal fabrication, health care and food processing. The company also produces metallic and ceramic powders and coatings.

11. Pitney Bowes Inc. 1 Elmcroft Road Stamford, CT 06926-0700 203-356-5000 Founded: 1920 Symbol: PBI CEO: Michael J. Critelli Revenues: $5 billionNet income: $481 millionEnd of fiscal year: Dec. One-year shareholder return: 5 percentTotal employees: 35,183Connecticut employees: 4,000Web site: www.pb.com Description: Pitney Bowes is a provider of integrated mail and document management systems, services and solutions. Its products range from addressing software and metering systems to print stream management, electronic bill presentment and presort mail services.

12. EMCOR Group Inc. 301 Merritt Seven Corporate Park, Sixth Floor Norwalk, CT 06851-1060 203-849-7800 Founded: 1987 Symbol: EME CEO: Frank T. MacInnis Revenues: $4.7 billionNet income: $33.2 millionEnd of fiscal year: Dec.

One-year shareholder return: 13 percentTotal employees: 26,000Connecticut employees: 506Website: www.emcorgroup.com Description: The company specializes in the design, installation and maintenance of complex mechanical and electrical systems.

13. W.R. Berkley Corp. 475 Steamboat RoadGreenwich, CT 06830 203-629-3000 Founded: 1967 Symbol: BER CEO: William R. Berkley Revenues: $4.5 billionNet income: $438.1 millionEnd of fiscal year: Dec. One-year shareholder return: 28 percentTotal employees: 4,669Connecticut employees: 275Website: www.wrberkley.com Description: The company is a holding company for subsidiaries that sell property-casualty insurance.

14. Terex Corp. 500 Post Road East, Suite 320 Westport, CT 06880 203-222-7170 Founded: 1986 Symbol: TEX CEO: Ronald M. DeFeo Revenues: $3.9 billionNet loss: $25.5 millionEnd of fiscal year: Dec. 2003One-year shareholder return: 48 percentTotal employees: 15,050Connecticut employees: 62Website: www.terex.com Description: Terex Corp. operates in several business segments: Terex Construction, Terex Cranes, Terex Aerial Work Platforms, Terex Materials Processing & Mining and Terex Roadbuilding, Utility Products and others. Terex manufactures a broad range of equipment for use in industries including construction, infrastructure, quarrying, recycling, surface mining, shipping, transportation, refining, utility and maintenance. It also offers financial services to assist in the acquisition of Terex equipment.

15. The Stanley Works 1000 Stanley Drive New Britain, CT 06053 860-225-5111 Founded: 1843 Symbol: SWK CEO: John F. LundgrenRevenues: $3 billionNet income: $366.9 million

End of fiscal year: Dec. One-year shareholder return: 6 percentTotal employees: 14,100Connecticut employees: 1,210Website: www.stanleyworks.com Description: The Stanley Works is a worldwide producer of consumer, industrial and mechanics' tools and related equipment; and security systems for commercial entryways, including automatic door and locking systems.

16. United Rentals Inc. Five Greenwich Office Park Greenwich, CT 06830 203-622-3131 Founded: 1997 Symbol: URI CEO: Wayland R. Hicks Revenues: $2.9 billionNet loss: $258.6 millionEnd of fiscal year: Dec. 2003One-year shareholder return: 15 percentTotal employees: 12,900Connecticut employees: 400Website: www.unitedrentals.com Description: The company is the largest equipment rental company in North America, with an integrated network of more than 730 rental locations in 48 states, Canada and Mexico.

17. The Phoenix Companies Inc. One American Row Hartford, CT 06102-5056 860-403-5000 Founded: 1851 Symbol: PNX CEO: Dona D. Young Revenues: $2.7 billionNet income: $86.4 millionEnd of fiscal year: Dec. One-year shareholder return: -2 percentTotal employees: 1,500Connecticut employees: 910Website: www.phoenixwm.com Description: The Phoenix Companies Inc. is a provider of life insurance, annuity and asset management products for affluent individuals and institutions.

18. Odyssey Re Holdings Corp.300 First Stamford PlaceStamford, CT 06902203-977-8000 Founded: 1900Symbol: ORH CEO: Andrew A. BarnardRevenues: $2.6 billionNet income: $186.9 millionEnd of fiscal year: Dec. One-year shareholder return: -2 percent

Total employees: 558Connecticut employees: 255Website: www.odysseyre.comDescription: Odyssey is a worldwide property-casualty reinsurance company. The company is 80 percent owned by Fairfax Financial Holdings Ltd. (NYSE: FFH) of Toronto.

19. Crompton Corp. 199 Benson RoadMiddlebury, CT 06749203-573-2000 Founded: 1837 Symbol: CK CEO: Robert L. Wood Revenues: $2.5 billionNet loss: $34.6 millionEnd of fiscal year: Dec. One-year shareholder return: 160 percentTotal employees: 4,000Connecticut employees: 520Website: www.cromptoncorp.com Description: Crompton is a global producer and marketer of polymer products and specialty chemicals used in crop protection and in the manufacture of products in the automotive, construction, packaging, personal care and other industries.

20. Silgan Holdings Inc. 4 Landmark Square Stamford, CT 06901 203-975-7110 Founded: 1989 Symbol: SLGN Co-CEOs: R. Philip Silver and D. Greg HorriganRevenues: $2.4 billionNet income: $84.1 millionEnd of fiscal year: Dec. One-year shareholder return: 38 percentTotal employees: 8,400Connecticut employees: 225Website: www.silgan.com Description: Silgan is a manufacturer of consumer goods packaging products, producing steel and aluminum containers, custom-designed plastic containers and specialty packing items.

21. Citizens Communications3 High Ridge ParkStamford, CT 06905 203-614-5600 Founded: 1935 Symbol: CZN CEO: Maggie Wilderotter Revenues: $2.2 billionNet income: $72.2 millionEnd of fiscal year: Dec. One-year shareholder return: 33 percentTotal employees: 6,373Connecticut employees: 170Website: www.czn.net

Description: Citizens Communications provides communications services, including telephone, television and Internet access to rural areas and small- and medium-sized towns and cities in 23 states, as well as local exchange carrier services in the western United States through its Electric Lightwave LLC subsidiary.

22. Hubbell Inc. 584 Derby Milford Road Orange, CT 06477-4024 203-799-4100 Founded: 1888 Symbol: HUB/B (Class B), HUB/A (Class A) CEO: Timothy H. PowersRevenues: $2 billionNet income: $154.7 millionEnd of fiscal year: Dec.One-year shareholder return: 5 percentTotal employees: 11,400 Connecticut employees: 882Website: www.hubbell.com Description: Hubbell is involved in the engineering, manufacture and sale of electrical and electronic products.

23. Crane Co. 100 First Stamford Place Stamford, CT 06902 203-363-7300 Founded: 1855 Symbol: CR CEO: Eric C. Fast Revenues: $1.9 billionNet loss: $105.4 millionEnd of fiscal year: Dec. One-year shareholder return: -11 percentTotal employees: 10,000Connecticut employees: 90Website: www.craneco.com Description: Crane is a diversified manufacturer of highly engineered systems, ranging from vending machines to anti-skid brakes for aircraft. Its products are used in the aerospace, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising and transportation industries.

24. Applera Corp.301 Merritt Seven Corporate ParkNorwalk, CT 06856-5435 203-840-2000 Founded: 1939 Symbols: ABI and CRA CEO: Tony L. White Revenues: $1.8 billionNet income: $125.6 millionEnd of fiscal year: June One-year shareholder return: 12 percentTotal employees: 5,360Connecticut employees: 109

Website: www.applera.com Description: Applera is a holding company for Applied Biosystems Group and Celera Genomics Group. A third business, Celera Diagnostics, is a joint venture between the other two businesses. Applied Biosystems develops, manufactures, sells and services instrument systems, reagents and software for the life sciences industry. Celera is best known for its work on the human genome project, and today uses its technologies to discover and work on new drug targets. Celera Diagnostics develops new medical diagnostic tests.

25. Magellan Health Services Inc. 16 Munson RoadFarmington, CT 06032860-507-1900Founded: 1969Symbol: MGLNCEO: Steven J. ShulmanRevenues: $1.8 billionNet income: $88.4 millionEnd of fiscal year: Dec. One-year shareholder return: 2 percentTotal employees: 4,300Connecticut employees: 32Website: www.magellanhealth.comDescription: Magellan is a managed behavioral health care company specializing in comprehensive behavioral health care, disease management and employee assistance programs for employers and health plans.

26. UST Inc.100 W. Putnam Ave. Greenwich, CT 06830 203-661-1100 Founded: 1911 Symbol: UST CEO: Vincent A. Gierer Jr. Revenues: $1.8 billionNet income: $530.8 millionEnd of fiscal year: Dec. One-year shareholder return: 25 percentTotal employees: 5,212Connecticut employees: 400Website: www.ustinc.com Description: UST produces and markets smokeless tobacco products, including Copenhagen, Skoal, Red Seal, Husky and Rooster brands. It also markets wine and sparkling wine.

27. United Natural Foods Inc. 260 Lake RoadP.O. Box 999 Killingly, CT 06241 860-779-2800 Founded: 1978 Symbol: UNFI CEO: Steven H. TownsendRevenues: $1.7 billionNet income: $31.9 millionEnd of fiscal year: July

One-year shareholder return: 22 percentTotal employees: 3,900Connecticut employees: N/AWebsite: www.unfi.com Description: United Natural Foods Inc. is a distributor of natural foods and related products in the United States. The company's customers include independent natural products stores, supermarket chains selling natural products and conventional supermarkets.

28. Blyth Inc.One E. Weaver St.Greenwich, CT 06831203-661-1926 Founded: 1977 Symbol: BTH CEO: Robert B. Goergen Revenues: $1.6 billionNet income: $96.5 millionEnd of fiscal year: Jan. 2005One-year shareholder return: -10 percentTotal employees: 4,900Connecticut employees: 45Website: www.blyth.com Description: The company designs and markets home fragrance products, seasonal decorations, home décor and household convenience items for the global home expressions marketplace.

29. IMS Health Inc. 1499 Post RoadFairfield, CT 06824-5940 203-319-4700 Founded: 1954 Symbol: RX CEO: David R. Carlucci Revenues: $1.6 billionNet income: $285.4 millionEnd of fiscal year: Dec. One-year shareholder return: 0.1 percentTotal employees: 6,400Connecticut employees: 40Website: www.imshealth.com Description: IMS provides worldwide information and consulting services to the pharmaceutical and health care industries.

30. Amphenol Corp. 358 Hall Ave. Wallingford, CT 06492 203-265-8900 Founded: 1932 Symbol: APH CEO: Martin H. Loeffler Revenues: $1.5 billionNet income: $163.3 millionEnd of fiscal year: Dec. One-year shareholder return: 31 percentTotal employees: 13,900

Connecticut employees: 314Website: www.amphenol.com Description: The company manufactures connector, cable and interconnect systems for electronics, cable television, telecommunications, aerospace, transportation and industrial applications. Its products are engineered and produced in North America, Europe and Asia and sold by a worldwide sales and marketing organization.

31. Star Gas Partners LP 2187 Atlantic St. Stamford, CT 06902 203-328-7300 Founded: 1957 Symbol: SGU CEO: Irik P. Sevin Revenues: $1.5 billionNet loss: $5.9 millionEnd of fiscal year: Sept. One-year shareholder return: -83 percentTotal employees: 4,236Connecticut employees: NAWebsite: www.star-gas.com Description: The partnership, mostly owned by shareholders, is a distributor of home heating oil, propane and other fuels in the Midwest and eastern U.S.

32. ADVO Inc. One Targeting Centre Windsor, CT 06095860-285-6100 Founded: 1929 Symbol: AD CEO: S. Scott Harding Revenues: $1.2 billionNet income: $48.7 millionEnd of fiscal year: Sept. One-year shareholder return: -0.4 percentTotal employees: 3,800Connecticut employees: 600Website: www.advo.com Description: ADVO is the nation's largest direct-mail marketing company, serving 20,000 national, regional and local retailers. The company reaches 112 million mailboxes, or 90 percent of the nation's households, with its targeted ShopWise shared mail advertising. The company's signature public service program, the "Have You Seen Me?" missing child card, is distributed to 85 million households weekly along with each ShopWise package.

33. Arch Chemicals Inc. 501 Merritt Seven Corporate ParkNorwalk, CT 06851 203-229-2900 Founded: 1999 Symbol: ARJ CEO: Michael E. Campbell

Revenues: $1.1 billionNet income: $19.9 millionEnd of fiscal year: Dec. One-year shareholder return: -12 percentTotal employees: 3,145Connecticut employees: 200Website: www.archchemicals.com Description: Arch is a global specialty chemical company that manufactures advanced chemicals for such markets as personal care products, wood preservatives and coatings, water purification and building products. Its hydrazine propellants are also used in NASA's space shuttle as well as government and commercial satellites and launch rockets.

34. UIL Holdings Corp. 157 Church St. New Haven, CT 06506 203-499-2000 Founded: 1899 Symbol: UIL CEO: Nathaniel D. Woodson Revenues: $1.1 billionNet income: $86.9 millionEnd of fiscal year: Dec. One-year shareholder return: 28 percentTotal employees: 2,882Connecticut employees: 858 Website: www.uil.com Description: UIL, a regulated transmission and distribution company that provides electricity and energy-related services to more than 320,000 customers in Greater New Haven and Greater Bridgeport, is the holding company for The United Illuminating Co. and several non-utility business, including Xcelecom Inc., American Payment Systems Inc., United Capital Investments Inc. and United Bridgeport Energy Inc.

35. Hexcel Corp. 281 Tresser Blvd. Stamford, CT 06901 203-969-0666 Founded: 1946 Symbol: HXL CEO: David E. Berges Revenues: $1.1 billionNet income: $28.8 millionEnd of fiscal year: Dec. One-year shareholder return: 97 percentTotal employees: 4,406Connecticut employees: 30Website: www.hexcel.com Description: Hexcel, with its subsidiaries, develops and manufactures carbon fibers, industrial fabrics and lightweight, high-performance composite materials, and parts and structures for use in commercial aerospace, space and defense, recreation and general industrial markets.

36. Kaman Corp.1332 Blue Hills Ave. Bloomfield, CT 06002 860-243-7100

Founded: 1945 Symbol: KAMNA CEO: Paul R. Kuhn Revenues: $995.2 millionNet loss: $11.8 millionEnd of fiscal year: Dec. One-year shareholder return: 38 percentTotal employees: 3,581Connecticut employees: 1,300Website: www.kaman.com Description: Kaman manufactures aircraft components and helicopters. It also distributes industrial components and parts, as well as musical equipment.

37. Barnes Group Inc. 123 Main St. Bristol, CT, 06010 860-583-7070 Founded: 1857 Symbol: B CEO: Edmund M. Carpenter Revenues: $994.7 millionNet income: $33.4 millionEnd of fiscal year: Dec. One-year shareholder return: 13 percentTotal employees: 6,047Connecticut employees: 800Website: www.barnesgroupinc.com Description: Barnes Group Inc. is a diversified international manufacturer of precision metal components and assemblies and a distributor of industrial supplies. Barnes Group consists of three businesses - Associated Spring, which makes precision mechanical and nitrogen gas springs and is a supplier of retaining rings, reed valves, shock discs and injection-molded plastic components; Barnes Aerospace, a manufacturer and repairer of highly engineered assemblies and components for commercial and military aircraft engines, airframes and land-based industrial gas turbines; and Barnes Distribution, an international, full-service distributor of maintenance, repair, operating and production supplies.

38. Ethan Allen Interiors Inc. Ethan Allen Drive Danbury, CT 06811 203-743-8000 Founded: 1932 Symbol: ETH CEO: Farooq Kathwari Revenues: $955.1 millionNet income: $80.3 millionEnd of fiscal year: June One-year shareholder return: -18 percentTotal employees: 7,000Connecticut employees: N/AWebsite: www.ethanallen.com Description: The company manufactures and distributes furniture, rugs, lamps, draperies and other decorative home accessories. Its products are sold by a network of Ethan Allen stores in the United States, Canada, Mexico and overseas.

39. Webster Financial Corp. Webster Plaza 145 Bank St.Waterbury, CT 06702 800-325-2424 Founded: 1935 Symbol: WBSCEO: James C. Smith Revenues: $951.8 millionNet income: $153.8 millionEnd of fiscal year: Dec. One-year shareholder return: 3 percentTotal employees: 3,365Connecticut employees: 2,629Website: www.websteronline.com Description: Webster Financial is the holding company of Webster Bank and Webster Insurance. Webster delivers consumer, commercial, mortgage, insurance, trust and investment management services to individuals, families and businesses.

40. Priceline.com Inc. 800 Connecticut Ave. Norwalk, CT 06854 203-299-8000Founded: 1996 Symbol: PCLN CEO: Jeffrey BoydRevenues: $914.4 millionNet income: $31.5 millionEnd of fiscal year: Dec. One-year shareholder return: -14 percentTotal employees: 293Connecticut employees: 279Website: www.priceline.com Description: The company is an online service that books airline tickets, hotel rooms, rental cars, cruises, vacation packages and mortgages.

41. Gartner Inc. 56 Top Gallant Road Stamford, CT 06904-2212 203-964-0096 Founded: 1979 Symbol: IT CEO: Gene HallRevenues: $893.8 millionNet income: $16.9 millionEnd of fiscal year: Dec. One-year shareholder return: -19 percentTotal employees: 3,625Connecticut employees: 700Website: www.gartner.com Description: Gartner Group is an independent provider of research and analysis on the information technology sector.

42. PanAmSat Corp. 20 Westport Road Wilton, CT 06897 203-210-8000 Founded: 1992 Symbol: PACEO: Joseph R. Wright Jr. Revenues: $827.1 millionNet loss: $78.9 millionEnd of fiscal year: Dec. One-year shareholder return: N/ATotal employees: 700Connecticut employees: 143Website: www.panamsat.com Description: PanAmSat's 23 orbiting satellites distribute network and cable television programs, videos and telecommunications services throughout the world.

43. Playtex Products Inc. 300 Nyala Farms Road Westport, CT 06880 203-341-4000 Founded: 1932 Symbol: PYX CEO: Neil P. DeFeoRevenues: $666.9 millionNet income: $55.5 millionEnd of fiscal year: Dec. One-year shareholder return: 49 percentTotal employees: 1,765 Connecticut employees: 200Website: www.playtexproductsinc.com Description: Playtex manufactures and distributes feminine care, skin care, hair care, infant care, personal grooming and household products under a variety of brand names.

44. Imagistics International Corp. 100 Oakview Drive Trumbull, CT 06611 203-365-7000Founded: 2001 Symbol: IGI CEO: Marc C. Breslawsky Revenues: $609.1 millionNet income: $24.9 millionEnd of fiscal year: Dec. One-year shareholder return: -29 percentTotal employees: 3,500Connecticut employees: 435Website: www.imagistics.com Description: Imagistics is an independent direct sales, service and marketing organization offering business document imaging solutions, including copiers, multifunctional products and facsimile machines, in the United States, Canada and the United Kingdom.

45. Student Loan Corp. 750 Washington Blvd. Stamford, CT 06901 203-975-6292 Founded: 1992 Symbol: STU CEO: Michael J. Reardon Revenues: $602.5 millionNet income: $285 millionEnd of fiscal year: Dec. One-year shareholder return: 58 percentTotal employees: 531Connecticut employees: N/AWebsite: www.studentloan.com Description: The Student Loan Corp. originates, holds and services student loans. The company primarily markets its loan products to financial aid administrators and students attending four-year colleges and universities in the United States. The Student Loan Corp., once a division of Citibank, went public in a 1992 stock offering. Citigroup remains the majority shareholder.

46. People's Bank850 Main St. Bridgeport, CT 06604 203-338-7171 Founded: 1842 Symbol: PBCT CEO: John A. Klein Revenues: $587.9 millionNet income: $199.7 millionEnd of fiscal year: Dec. One-year shareholder return: 42 percentTotal employees: 2,888Connecticut employees: 2,888Website: www.peoples.com Description: People's Bank provides consumer, commercial, insurance, retail investment and trust services to personal and business banking customers.

47. OMI Corp. One Station Place Stamford, CT 06902-6800 203-602-6700 Founded: 1998 Symbol: OMM CEO: Craig H. Stevenson Jr. Revenues: $564.7 millionNet income: $245.7 millionEnd of fiscal year: Dec. One-year shareholder return: 72 percentTotal employees: 1,250Connecticut employees: 58Website: www.omicorp.com Description: OMI provides ocean transport of crude oil and petroleum products in the international shipping markets.

48. Gerber Scientific Inc. 83 Gerber Road West South Windsor, CT 06074 860-644-1551 Founded: 1948 Symbol: GRB CEO: Marc T. Giles Revenues: $516.8 millionNet income: $5.53 millionEnd of fiscal year: April One-year shareholder return: 20 percentTotal employees: 2,022Connecticut employees: 683Website: www.gerberscientific.com Description: Gerber Scientific makes computer-aided design and manufacturing systems and sells related supplies for the graphics and sign-making, apparel and flexible materials and eyeglass industries.

49. Vertrue Inc. 680 Washington Blvd.Stamford, CT 06901 203-324-7635 Founded: 1989 Symbol: VTRU CEO: Gary A. Johnson Revenues: $488.7 millionNet income: $28 millionEnd of fiscal year: Dec. One-year shareholder return: 33 percentTotal employees: 1,616Connecticut employees: 194Website: www.vertrue.com Description: Vertrue, formerly MemberWorks Inc., provides discount membership programs and other benefits to consumers in areas such as health care, insurance, personal security, travel and entertainment and finance. The company distributes through corporate employee offers and direct to individuals.

50. Katy Industries Inc. 765 Straits Turnpike, Suite 2000Middlebury, CT 06762203-598-0397 Symbol: KT CEO: Anthony T. Castor IIIRevenues: $457.6 millionNet loss: $36.1 millionEnd of fiscal year: Dec. One-year shareholder return: -44 percentTotal employees: 1,808Connecticut employees: 12Website: www.katyindustries.com Description: Katy Industries manufactures, distributes, packages and sells consumer electric-corded products and electrical/electronic accessories. It also distributes electronic components and hand tools, and it manufactures, distributes, packages and sells sanitary maintenance supplies, abrasives and coating products.

51. Photronics15 Secor Road Brookfield, CT 06084203-775-9000Founded: 1969Symbol: PLABCEO: Michael J. LuttatiRevenues: $395.5 millionNet income: $24.5 millionEnd of fiscal year: Dec. One-year shareholder return: 30 percentTotal employees: 1,420Connecticut employees: 230Website: www.photronics.comDescription: Photronics develops and makes photomasks - precision quartz plates with images of circuits - that are used in the semiconductor and microelectronics industries.

52. World Wrestling Entertainment Inc. 1241 E. Main St. Stamford, CT 06902 203-352-8600 Founded: 1980 Symbol: WWECEO: Linda E. McMahon Revenues: $374.9 millionNet income: $48.2 millionEnd of fiscal year: April One-year shareholder return: -14 percentTotal employees: 436Connecticut employees: 392Website: corporate.wwe.com Description: WWE develops, produces and markets professional wrestling and its personalities through television and pay-per-view programming, live events and the licensing and sale of branded consumer products.

53. TRC Companies Inc. 5 Waterside Crossing Windsor, CT 06095 860-298-9692Founded: 1969 Symbol: TRR CEO: Richard D. Ellison Revenues: $368.8 millionNet income: $13.2 millionEnd of fiscal year: June One-year shareholder return: -31 percentTotal employees: 2,600Connecticut employees: 161Website: www.trcsolutions.com Description: TRC provides consulting, design and other services for environmental remediation and control, energy projects, infrastructure improvements and security.

54. Rogers Corp. One Technology Drive P.O. Box 188

Killingly, CT 06263-0188 860-774-9605 Founded: 1832 Symbol: ROG CEO: Robert D. WachobRevenues: $365 millionNet income: $40.1 millionEnd of fiscal year: Dec. One-year shareholder return: -34 percentTotal employees: 1,728Connecticut employees: 325Website: www.rogerscorporation.com Description: Rogers Corp. develops and manufactures high-performance specialty materials for a variety of applications, including portable communications, communication infrastructure, consumer products, computer and office equipment, ground transportation, and aerospace and defense.

55. CUNO Inc. 400 Research Parkway Meriden, CT 06450 203-237-5541 Founded: 1912 Symbol: CUNO CEO: Mark G. Kachur Revenues: $351.6 millionNet income: $33.1 millionEnd of fiscal year: Oct. One-year shareholder return: 54 percentTotal employees: 2,200Connecticut employees: 980Website: www.cuno.com Description: CUNO designs, manufactures and markets a comprehensive line of filtration products for the potable water, industrial and health care markets.

56. Genesee & Wyoming Inc. 66 Field Point Road Greenwich, CT 06830 203-629-3722 Founded: 1899 Symbol: GWRCEO: Mortimer B. Fuller III Revenues: $303.8 millionNet income: $37.6 millionEnd of fiscal year: Dec One-year shareholder return: 20 percentTotal employees: 2,045Connecticut employees: 12Website: www.gwrr.com Description: The company operates short-line and regional freight railroads in the United States, Canada, Australia, Bolivia and Mexico.

57. Lydall Inc.One Colonial Road P.O. Box 151 Manchester, CT 06045-0151 860-646-1233

Founded: 1879 Symbol: LDL CEO: David Freeman Revenues: $292.4 millionNet loss: $540,000End of fiscal year: Dec. One-year shareholder return: -5 percentTotal employees: 1,617Connecticut employees: 65Website: www.lydall.com Description: Lydall produces specialty engineered products for thermal/acoustical and filtration/separation markets.

58. Transpro Inc. 100 Gando Drive New Haven, CT 06513 203-401-6450 Founded: 1995 Symbol: TPR CEO: Charles E. Johnson Revenues: $268.1 millionNet income: $5.2 millionEnd of fiscal year: Dec. One-year shareholder return: 20 percentTotal employees: 1,601Connecticut employees: 150 Website: www.transpro.com Description: Transpro Inc. is a manufacturer and distributor of after-market and OEM heat transfer and temperature control products for automotive, truck and industrial applications.

59. Hometown Auto Retailers Inc.774 Straits Turnpike Watertown, CT 06795 860-945-6900 Founded: 1998 Symbol: HCARCEO: Corey Shaker Revenues: $265.3 millionNet income: $3.7 millionEnd of fiscal year: Dec. One-year shareholder return: 9 percentTotal employees: 340 Connecticut employees: 280Website: www.htauto.com Description: Hometown Auto Retailers sells and maintains new and used cars and light trucks through eight franchised dealerships in New Jersey, New York, Connecticut, Massachusetts and Vermont.

60. FactSet Research Systems 601 Merritt Seven Corporate ParkNorwalk, CT 06851 203-810-1000 Founded: 1978 Symbol: FDS CEO: Philip A. Hadley Revenues: $251.9 million

Net income: $58 millionEnd of fiscal year: Aug. One-year shareholder return: 9 percentTotal employees: 1,071Connecticut employees: 394Website: www.factset.com Description: FactSet Research Systems Inc. is a provider of global financial and economic information, including data on tens of thousands of companies worldwide. The company also provides the tools to download, combine and manipulate the data for investment analysis.

61. ATMI Inc.7 Commerce Drive Danbury, CT 06810 203-794-1100 Founded: 1986 Symbol: ATMI CEO: Doug Neugold Revenues: $246.3 millionNet income: $31.5 millionEnd of fiscal year: Dec. One-year shareholder return: 10 percentTotal employees: 680Connecticut employees: 150Website: www.atmi.com Description: ATMI provides specialty thin film materials and materials packaging used in the manufacture of semiconductors.

62. NewAlliance Bancshares Inc.195 Church St.New Haven, CT 06510203-425-5001Founded: 1838Symbol: NABC CEO: Peyton R. PattersonRevenues: $243.7 millionNet income: $4.1 millionEnd of fiscal year: Dec.One-year shareholder return: -1 percentTotal employees: 1,150Connecticut employees: 1,150Website: www.newalliancebank.comDescription: NewAlliance Bancshares is a holding company for NewAlliance Bank, which was formed in 2004. NewAlliance serves consumers and businesses and provides trust and insurance services.

63. DrugMax Inc.312 Farmington Ave.Farmington, CT 06032860-676-1222Founded: 1997Symbol: DMAX CEO: Ed A. MercadanteRevenues: $239.2 millionNet loss: $39.8 millionEnd of fiscal year: Dec.

One-year shareholder return: -35 percentTotal employees: 880Connecticut employees: 335Website: www.drugmax.comDescription: The former Familymeds Group Inc., a privately owned parent of the Arrow Pharmacy chain and other businesses, bought and folded itself into the publicly traded wholesaler, DrugMax Inc., last November.

64. Raytech Corp.Four Corporate Drive, Suite 295 Shelton, CT 06484 203-925-8000 Founded: 1986 Symbol: RAY CEO: Larry W. SingletonRevenues: $227.3 millionNet loss: $2.8 millionEnd of fiscal year: Dec. One-year shareholder return: -21 percentTotal employees: 1,704Connecticut employees: 12 Website: www.raytech.com Description: Raytech manufactures and markets Raybestos brand original equipment and after-market automotive brake linings, filters and clutches, and supplies other components to the aerospace, nuclear and petrochemical markets.

65. Independence  Holding Co. 96 Cummings Point Road Stamford, CT 06902 203-358-8000 Founded: 1980 Symbol: INHO CEO: Roy T.K. Thung Revenues: $223.3 millionNet income: $22.9 millionEnd of fiscal year: Dec. One-year shareholder return: -5 percentTotal employees: 161 Connecticut employees: 30Website: www.independenceholding.com Description: The company sells life and health insurance through its wholly owned subsidiaries - Standard Security Life Insurance Co. of New York, Madison National Life Insurance Co. Inc. and through its stake in American Independence Corp.

66. The Aristotle Corp. 96 Cummings Point RoadStamford, CT 06902203-358-8000Founded: 1986Symbol: ARTLCOO: Steven B. Lapin Revenues: $175.1 millionNet income: $17.6 millionEnd of fiscal year: Dec.

One-year shareholder return: 24 percentTotal employees: 800 Connecticut employees: 4Website: www.aristotlecorp.net Description: Aristotle makes and sells educational products, health training materials and products for farmers and ranchers.

67. Baldwin Technology Inc. 2 Trap Falls Road, Suite 402Shelton, CT 06484 203-402-1000 Founded: 1918 Symbol: BLD CEO: Gerald A. Nathe Revenues: $158.1 millionNet income: $7 millionEnd of fiscal year: June One-year shareholder return: -16 percentTotal employees: 514Connecticut employees: 46Website: www.baldwintech.com Description: Baldwin is a manufacturer of accessories and controls for the printing and publishing industry. Its products are sold to printers and printing press manufacturers.

68, Sturm, Ruger & Co. Inc. One Lacey Place Southport, CT 06890 203-259-7843 Founded: 1949 Symbol: RGR CEO: William B. Ruger Jr. Revenues: $145.6 millionNet income: $4.3 millionEnd of fiscal year: Dec. One-year shareholder return: -26 percentTotal employees: 1,274Connecticut employees: 40Website: www.ruger.com Description: Sturm, Ruger designs, manufactures and sells firearms for hunting, target shooting, collecting and law enforcement. It also operates investment casting facilities that produce parts for its firearms products and for outside manufacturers.

69. First Aviation Services Inc. 15 Riverside Ave. Westport, CT 06880-4214 203-291-3300 Founded: 1997 Symbol: FAVS CEO: Michael C. Culver Revenues: $124.3 millionNet loss: $2.2 million End of fiscal year: Jan. 2005One-year shareholder return: -16 percentTotal employees: 196

Connecticut employees: 15Website: www.firstaviation.com Description: First Aviation provides repair, overhaul and other services to operators of military, commercial and general aviation aircraft engines.

70. Zygo Corp. 21 Laurel Brook Road Middlefield, CT 06455 860-347-8506 Founded: 1970 Symbol: ZIGO CEO: J. Bruce Robinson Revenues: $116.6 millionNet loss: $3.4 millionEnd of fiscal year: June One-year shareholder return: -13 percentTotal employees: 520Connecticut employees: 390Website: www.zygo.com Description: Zygo is a worldwide developer and supplier of high-performance metrology instruments and systems, high-precision optics, optical assemblies and automation for the semi-conductor and industrial markets.

71. Open Solutions Inc. 455 Winding Brook DriveGlastonbury, CT 06033860-652-3155Founded: 1992Symbol: OPENCEO: Louis Hernandez Jr.Revenues: $107.2 millionNet income: $25.1 millionEnd of fiscal year: Dec. One-year shareholder return: -21 percentTotal employees: 934Connecticut employees: 316Website: www.opensolutions.comDescription: Open Solutions Inc. is a provider of enterprise-wide enabling software technologies and services for financial institutions throughout North America.

72. Axsys Technologies Inc.175 Capital Blvd., Suite 103 Rocky Hill, CT 06067 860-257-0200 Founded: 1959 Symbol: AXYS CEO: Stephen W. Bershad Revenues: $103.5 millionNet income: $8.7 millionEnd of fiscal year: Dec. One-year shareholder return: 19 percentTotal employees: 645Connecticut employees: N/AWebsite: www.axsys.com

Description: Axsys Technologies Inc. is a fully integrated supplier of precision optical assemblies and components used for a variety of commercial and aerospace/defense applications.

73 Eastern Co.112 Bridge St. P.O. Box 460 Naugatuck, CT 06770-0460 203-729-2255 Founded: 1858 Symbol: EML CEO: Leonard F. Leganza Revenues: $100.1 millionNet income: $4.8 millionEnd of fiscal year: Dec. One-year shareholder return: 43 percentTotal employees: 589Connecticut employees: 106Website: www.easterncompany.com Description: The Eastern Co. manufactures and markets a variety of locks, latches and other specialty industrial hardware.

74. SS&C Technologies Inc.80 Lamberton Road Windsor, CT 06095 860-298-4500 Founded: 1986 Symbol: SSNC CEO: Bill Stone Revenues: $95.9 millionNet income: $19 millionEnd of fiscal year: Dec. One-year shareholder return: 29 percentTotal employees: 422Connecticut employees: 175 Website: www.ssctech.com Description: The company provides a broad range of specialized software, business process outsourcing services and application service provider solutions to the financial services industries.

75. Security Capital Corp. 8 Greenwich Office Park Greenwich, CT 06830 203-625-0770 Founded: 1990 Symbol: SCC CEO: Brian D. Fitzgerald Revenues: $94.4 millionNet income: $3.4 millionEnd of fiscal year: Dec. 2003 One-year shareholder return: 41 percentTotal employees: 1,309Connecticut employees: 7Website: www.securitycapitalcorporation.comDescription: Security Capital is a holding company, chiefly for two subsidiaries. It has an 80 percent

share in Health Power Inc., which helps employers contain costs; and it owns Primrose School Franchising Co., which provides educational services.

76. Jupitermedia Corp. 23 Old Kings Highway South Darien, CT 06820 203-662-2800 Founded: 1998 Symbol: INTM CEO: Alan M. Meckler Revenues: $71.9 millionNet income: $15.7 millionEnd of fiscal year: Dec. One-year shareholder return: 80 percentTotal employees: 339Connecticut employees: 97Website: www.jupitermedia.com Description: Jupitermedia provides global real-time news, information and media resources for Internet industry and information technology professionals, Web developers and Internet users. The company maintains a network of websites, e-mail newsletters and related seminars. It is also a leading online vendor of digital photos and graphics.

77. DSL.net Inc. 545 Long Wharf Drive New Haven, CT 06511 203-772-1000 Founded: 1998 Symbol: BIZ CEO: Kirby G. "Buddy" Pickle Revenues: $68.5 millionNet loss: $23.2 millionEnd of fiscal year: Dec. One-year shareholder return: -67 percentTotal employees: 142Connecticut employees: 80Website: www.dsl.net Description: DSL.net provides high-speed Internet access, broadband communications services and private network solutions to businesses. The company also offers integrated voice and data services in select markets.

78. NYFIX Inc. 333 Ludlow St. Stamford, CT 06902 203-425-8000 Founded: 1991 Symbol: NYFX CEO: Peter Kilbinger Hansen Revenues: $65.9 millionNet loss: $4.4 millionEnd of fiscal year: Dec. 2003One-year shareholder return: 2.8 percentTotal employees: 268Connecticut employees: 73Website: www.nyfix.com

Description: NYFIX Inc. provides electronic trading technology infrastructure and execution services to brokerage firms and institutional investors. Its products and services automate trading workflows by streamlining data entry and integrating electronic order and execution handling.

79. Urstadt Biddle  Properties Inc. 321 Railroad Ave.Greenwich, CT 06830203-863-8200Founded: 1969Symbol: UBACEO: Charles J. UrstadtRevenues: $64.9 millionNet income: $23.3 millionEnd of fiscal year: Oct.One-year shareholder return: 28 percentTotal employees: 30Connecticut employees: 30Website: www.ubproperties.com Description: Urstadt Biddle is a real estate investment trust that owns and manages shopping centers, mostly in Fairfield and Westchester counties.

80. PrimeEnergy Corp. One Landmark Square Stamford, CT 06901 203-358-5700 Founded: 1973 Symbol: PNRG CEO: Charles E. Drimal Jr. Revenues: $62.4 millionNet income: $7.3 millionEnd of fiscal year: Dec. One-year shareholder return: 18 percentTotal employees: 210Connecticut employees: 16Website: Under constructionDescription: PrimeEnergy is involved in the exploration and production of crude oil and natural gas. The company's properties are primarily in the Gulf of Mexico, Texas, Oklahoma and West Virginia. Through its subsidiaries, PrimeEnergy provides support, site preparation and construction services for oil and gas drilling.

81. TransAct Technologies Inc.7 Laser Lane Wallingford, CT 06492 203-269-1198 Founded: 1996 Symbol: TACT CEO: Bart C. Shuldman Revenues: $59.9 millionNet income: $5.4 millionEnd of fiscal year: Dec. One-year shareholder return: -69 percentTotal employees: 204Connecticut employees: 31Website: www.transact-tech.com

Description: TransAct Technologies develops, builds and markets transaction-based printers under the "ITHACA" and "MAGNETEC" brand names. It also sells related materials, spare parts and service. TransAct is aligned into three business units: point-of-sale and banking, gaming and lottery, and spare parts and service.

82. OptiCare Health Systems Inc.87 Grandview Ave. Waterbury, CT 06708 203-596-2236 Founded: 1981 Symbol: OPT CEO: Christopher J. Walls Revenues: $58.9 millionNet loss: $8.3 millionEnd of fiscal year: Dec. One-year shareholder return: -22 percentTotal employees: 336Connecticut employees: 279Website: www.opticare.com Description: OptiCare Health Systems is an integrated eye-care services company providing managed vision and professional eye-care products and services.

83. Trans-Lux Corp. 110 Richards Ave. Norwalk, CT 06856-5090 203-853-4321 Founded: 1920 Symbol: TLX CEOs: Thomas Brandt and Michael R. Mulcahy Revenues: $52.6 millionNet income: $ 0.54 millionEnd of fiscal year: Dec. One-year shareholder return: -3 percentTotal employees: 470Connecticut employees: 150Website: www.trans-lux.com Description: Trans-Lux manufactures, distributes and services real-time electronic information displays for both indoor and outdoor use. The displays are used primarily in the financial, banking, gaming, corporate, entertainment and sports industries. The company also owns and operates a chain of movie theaters in the Western mountain states.

84. MTM Technologies Inc.850 Canal St.Stamford, CT 06902203-975-3700Founded: Symbol: MTMC CEO: Howard A. PavonyRevenues: $52.3 millionNet loss: $8.1 millionEnd of fiscal year: MarchOne-year shareholder return: 157 percentTotal employees: 151Connecticut employees: 60

Website: www.mtm.comDescription: MTM Technologies is a computer and communications technology management company providing IT networking and data center services, including storage, security and messaging solutions.

85. Connecticut Water Service Inc. 93 W. Main St. Clinton, CT 06413-1600 860-669-8636 Founded: 1956 Symbol: CTWS CEO: Marshall T. Chiaraluce Revenues: $48.5 millionNet income: $9.4 millionEnd of fiscal year: Dec. One-year shareholder return: 3 percentTotal employees: 196Connecticut employees: 189Website: www.ctwater.com Description: Connecticut Water Service is a holding company for the Connecticut Water Co., Connecticut Water Emergency Service Inc., The Crystal Water Utilities Corp., New England Water Utility Services Inc. and The Unionville Water Co.

86. IWT Tesoro191 Post Road West, Suite 110Westport, CT 06880203-221-2770Founded: 2000Symbol: IWTT CEO: Henry J. BoucherRevenues: $44.9 millionNet loss: $1.2 millionEnd of fiscal year: Dec. One-year shareholder return: -38 percentTotal employees: 117Connecticut employees: N/AWebsite: www.iwttesoro.comDescription: IWT is an importer and wholesale distributor of ceramic, porcelain and stone tiles for floors and walls, through its subsidiary, International Wholesale Tile Inc., and other businesses.

87. Greenfield Online Inc. 21 River RoadWilton, CT 06897203-834-8585Founded: 1995Symbol: SRVYCEO: Dean A. WiltseRevenues: $44 millionNet income: $5.7 millionEnd of fiscal year: Dec. One-year shareholder return: N/ATotal employees: 281Connecticut employees: 95Website: www.greenfield.com

Description: Greenfield, which went public in July 2004, collects and manages online survey data for marketing research companies. In April, Greenfield acquired a European online services firm.

88. Acme United Corp. 1931 Black Rock TurnpikeFairfield, CT 06825203-332-7330Founded: 1867Symbol: ACU CEO: Walter C. Johnsen Revenues: $43.4 millionNet income: $3.2 millionEnd of fiscal year: Dec. One-year shareholder return: 135 percentTotal employees: 90Connecticut employees: 22Website: www.acmeunited.comDescription: Acme United Corp. produces shears, scissors, rulers, first-aid kits and related products for school, home and office. The company, through its subsidiaries in Germany, Canada and Hong Kong, also manufacturers and distributes cutlery, manicure items and general office supplies.

89. Rockville Financial Inc. 25 Park St.Rockville, CT 06066Founded: 1858Symbol: RCKB CEO: William J. McGurkRevenues: $42 millionNet income: $3.5 millionEnd of fiscal year: Dec.One-year shareholder return: N/ATotal employees: 179Connecticut employees: 179Website: www.rockvillebank.comDescription: Rockville Financial Inc. is the holding company for Rockville Bank, a state-chartered savings bank serving business and retail customers in Hartford and Tolland counties.

90. NewMil Bancorp Inc. 19 Main St. New Milford, CT 06776 203-355-7600 Founded: 1858 Symbol: NMIL CEO: Francis J. Wiatr Revenues: $39.4 millionNet income: $8.5 millionEnd of fiscal year: Dec.One-year shareholder return: 12 percentTotal employees: 179Connecticut employees: 179Website: www.newmil.com Description: NewMil Bancorp is a holding company for NewMil Bank. It operates in Litchfield, Fairfield and New Haven counties.

91. Memry Corp. 3 Berkshire Blvd.Bethel, CT 06801203-739-1100Founded: 1983Symbol: MRY CEO: James G. BinchRevenues: $34.5 millionNet income: $2.4 millionEnd of fiscal year: Dec. One-year shareholder return: -5 percentTotal employees: 323Connecticut employees: 218Website: www.memry.comDescription: Memry develops, manufactures and sells components for medical devices and other uses, employing flexible nickel-titanium alloys.

92. Lynch Corp.140 Greenwich Ave.Greenwich, CT 06830203-622-1150Founded: Symbol: LGLCEO: John C. FerraraRevenues: $33.8 millionNet loss: $3.3 millionEnd of fiscal year: Dec. One-year shareholder return: -32 percentTotal employees: 355Connecticut employees: 3Website: www.lynchcorp.comDescription: Lynch is a holding corporation for two manufacturing subsidiaries: M-tron Industries Inc. designs and manufactures customized electronic components used primarily to control the frequency of timing of electronic signals in communications systems; and Lynch Systems Inc., which designs and produces advanced manufacturing systems for the electronic display and consumer glass industries.

93. TranSwitch Corp. 3 Enterprise DriveShelton, CT 06484203-929-8810Founded: 1989Symbol: TXCCCEO: Santanu DasRevenues: $33.7 millionNet loss: $44.6 millionEnd of fiscal year: Dec. One-year shareholder return: 29 percentTotal employees: 197Connecticut employees: 93Website: www.transwitch.comDescription: TranSwitch Corp. designs and sells semiconductors to communications network equipment manufacturers.

94. EDAC  Technologies Corp. 1806 New Britain Ave.Farmington, CT 06032860-677-2603Founded: 1944Symbol: ANECEO: Dominick A. PaganoRevenues: $33.3 millionNet income: $2.9 millionEnd of fiscal year: Dec. One-year shareholder return: 58 percentTotal employees: 197Connecticut employees: 194Website: www.edactechnologies.comDescription: EDAC, through its Gros-Ite Industries and Apex Machine Tool units, makes and services components and assemblies for aerospace and other markets.

95. SI Financial Group Inc. 803 Main St.Willimantic, CT 06226Founded: 1842Symbol: SIFICEO: Rheo A. BrouillardRevenues: $33 millionNet income: $1.3 millionEnd of fiscal year: Dec.One-year shareholder return: N/ATotal employees: 218Connecticut employees: 218Website: www.savingsinstitute.comDescription: SI Financial Group Inc. is the holding company for the Savings Institute Bank and Trust Co., a community bank serving commercial and retail customers in eastern and southeastern Connecticut.

96. FuelCell Energy Inc. 3 Great Pasture RoadDanbury, CT 06813203-825-6000Founded: 1969Symbol: FCELCEO: Jerry D. LeitmanRevenues: $31.4 millionNet loss: $84.4 millionEnd of fiscal year: Dec. One-year shareholder return: -49 percentTotal employees: 335Connecticut employees: 330Website: www.fuelcellenergy.comDescription: FuelCell Energy Inc. develops and manufactures high temperature fuel cells for clean electric power generation for commercial and industrial customers. It is developing next generation high temperature fuel cell products through its investment in and partnership with Versa Power Systems.

97. Fuel-Tech N.V.695 E. Main St.Stamford, CT 06901203-425-9830Founded: 1981Symbol: FTEKCEO: Ralph E. BaileyRevenues: $31 millionNet income: $1.6 millionEnd of fiscal year: Dec. One-year shareholder return: 45 percentTotal employees: 92Connecticut employees: 9Website: www.fueltechnv.comDescription: Fuel-Tech N.V. develops and sells air pollution control technologies and provides engineering services.

98. Scan-Optics Inc. 169 Progress DriveManchester, CT 06040860-645-7878Founded: 1969Symbol: SOCRCEO: Paul M. YantusRevenues: $28.7 millionNet loss: $3.8 millionEnd of fiscal year: Dec. One-year shareholder return: 57 percentTotal employees: 175Connecticut employees: 100Website: www.scanoptics.comDescription: Scan-Optics Inc. designs, manufacturers, markets and services client/server-based information-processing systems and software-based products.

99. Host America Corp. 2 BroadwayHamden, CT 06518203-248-4100Founded: 1986Symbol: CAFECEO: Geoffrey W. RamseyRevenues: $26.8 millionNet loss: $4.9 millionEnd of fiscal year: Dec. One-year shareholder return: -16 percentTotal employees: 387Connecticut employees: N/AWebsite: www.hostamericacorp.comDescription: Host America is an outsource provider of corporate and institutional food services, energy management and background screening.

100. Distributed Energy Systems Corp.10 Technology DriveWallingford, CT 06492

203-678-2000Founded: 1996Symbol: DESCCEO: Walter "Chip" SchroederRevenues: $22.5 millionNet loss: $22.4 millionEnd of fiscal year: Dec. One-year shareholder return: -2 percentTotal employees: 280Connecticut employees: 100 Website: www.distributed-energy.comDescription: Distributed Energy Systems is an energy products and services company. Its Proton Energy Systems subsidiary develops technology related to hydrogen generation and fuel cell systems. Its Northern Power Systems designs, builds, installs and maintains energy systems that employ natural gas, oil, biogas, wind, solar, hydrogen or other energy sources to provide on-site or remote power.

101. First Litchfield Financial Corp. 13 North St.Litchfield, CT 06759Founded: 1814Symbol: FLFL CEO: Joseph J. GrecoRevenues: $22.2 millionNet income: $3.9 millionEnd of fiscal year: Dec.One-year shareholder return: 33 percentTotal employees: 99Connecticut employees: 99Website: www.fnbl.comDescription: First Litchfield Financial Corp. is the holding company for First National Bank of Litchfield, a community bank that serves business and retail customers in Litchfield County.

102. Patriot National Bancorp Inc.900 Bedford St.Stamford, CT 06901Founded: 1994Symbol: PNBK CEO: Angelo DeCaroRevenues: $21.4 millionNet income: $930,000 End of fiscal year: Dec.One-year shareholder return: 32 percentTotal employees: 110Connecticut employees: 108Website: www.pnbk.comDescription: Patriot National Bancorp Inc. is the holding company for Patriot National Bank, a community bank serving retail and business customers in Fairfield County.

103. Salisbury Bancorp Inc. 5 Bissell St.Lakeville, CT 06039Founded: 1848Symbol: SAL

CEO: John F. PerottiRevenues: $21.3 millionNet income: $4 millionEnd of fiscal year: Dec.One-year shareholder return: 9 percentTotal employees: 130Connecticut employees: 90Website: www.salisburybank.comDescription: Salisbury Bancorp Inc. is the holding company for Salisbury Bank and Trust Co., which provides retail, business and trust services.

104. Genaissance Pharmaceuticals Inc.Five Science ParkNew Haven, CT 06511203-773-1450Founded: 1997Symbol: GNSC CEO: Kevin RakinRevenues: $20.9 millionNet loss: $21.4 millionEnd of fiscal year: Dec. One-year shareholder return: 79 percentTotal employees: 164Connecticut employees: 110Website: www.genaissance.com Description: Genaissance develops medications designed to respond to individuals' genetic makeup.

105. CAS Medical Systems Inc.44 East Industrial RoadBranford, CT 06405203-488-6056Founded: Symbol: CAMY CEO: Louis P. SchepsRevenues: $19.9 millionNet income: $1.2 millionEnd of fiscal year: Dec. One-year shareholder return: 130 percentTotal employees: 93Connecticut employees: 90Website: www.casmed.comDescription: CAS Medical Systems develops and manufactures blood pressure measurement devices, vital signs monitors, apnea monitors and neonatal supplies.

106. Magellan Petroleum Corp.10 Columbus Blvd.Hartford, CT 06106860-293-2006Founded: 1967Symbol: MPET CEO: Daniel Samela Revenues: $19.4 millionNet income: $350,000End of fiscal year: June

One-year shareholder return: 0 percentTotal employees: 32Connecticut employees: 2Website: www.magpet.comDescription: Magellan Petroleum is engaged in the sale of oil and gas and in exploring and developing oil and gas reserves. It owns interests in oil and gas properties in Australia, New Zealand, Canada and the United Kingdom.

107. Neurogen Corp. 35 Northeast Industrial RoadBranford, CT 06405203-488-8201Founded: 1987Symbol: NRGNCEO: William H. Koster Revenues: $19.2 millionNet loss: $18.6 millionEnd of fiscal year: Dec. One-year shareholder return: -30 percentTotal employees: 170Connecticut employees: 170Website: www.neurogen.comDescription: Neurogen specializes in drug discovery and clinical development of primarily small-molecule, or orally administered, therapeutics.

108. Thermodynetics Inc.651 Day Hill RoadWindsor, CT 06095860-683-2005Founded: 1981Symbol: TDYTCEO: Robert A. LermanRevenues: $16.5 millionNet income: $290,000End of fiscal year: Dec. One-year shareholder return: N/ATotal employees: 182Connecticut employees: 83Website: www.thermodynetics.comDescription: Thermodynetics manufactures specialty metal tubing and related assemblies for heat transfer, automotive, furniture, appliance, heating, cooling and refrigeration applications.

109. Bolt Technology Corp. Four Duke PlaceNorwalk, CT 06854203-853-0700Founded: 1960Symbol: BTJ CEO: Raymond M. SotoRevenues: $14.8 millionNet income: $850,000End of fiscal year: Dec. One-year shareholder return: 24 percentTotal employees: 86

Connecticut employees: N/AWebsite: www.bolt-technology.comDescription: Bolt Technology is a designer and manufacturer of seismic energy resources.

110. Cognitronics Corp. 3 Corporate DriveDanbury, CT 06810-4130203-830-3400Founded: 1961Symbol: CGN CEO: Brian J. KellyRevenues: $14.2 millionNet income: $550,000 End of fiscal year: Dec. One-year shareholder return: 7 percentTotal employees: 73Connecticut employees: 47Website: www.cognitronics.com Description: Cognitronics is a supplier of voice and media server solutions to the telecommunications industry.

111. Naugatuck Valley Financial Corp.333 Church St.Naugatuck, CT 06770Founded: 1923Symbol: NVSL CEO: John C. RomanRevenues: $13.8 millionNet income: $410,000End of fiscal year: Dec. One-year shareholder return: N/ATotal employees: 90Connecticut employees: 90Website: www.nvsl.comDescription: Naugatuck Valley Financial Corp. is the holding company for Naugatuck Valley Savings & Loan, a community bank serving retail and small-business customers in the Naugatuck River Valley.

112. Cornerstone Bancorp Inc.550 Summer St.Stamford, CT 06901Founded: 1985Symbol: CBN CEO: Jay Merrill ForgotsonRevenues: $13.8 millionNet income: $2.4 millionEnd of fiscal year: Dec.One-year shareholder return: 35 percentTotal employees: 63Connecticut employees: 63Website: www.cornerstonebank.comDescription: Cornerstone Bancorp Inc. is the holding company for Cornerstone Bank, a community bank serving retail and business customers in Fairfield County.

113. Citizens National Bancorp Inc. 182 Main St. Putnam, CT 06260 860-928-7921 Founded: 1924 Symbol: CTZR CEO: David L. Conrad Revenues: $13.3 millionNet income: $4 millionEnd of fiscal year: Dec.One-year shareholder return: 65 percentTotal employees: 60Connecticut employees: 60Website: www.cnbct.comDescription: Citizens National Bancorp Inc. is the holding company for The Citizens National Bank.

114. Edgar Online Inc.50 Washington St.Norwalk, CT 06854203-852-5666Founded: 1995Symbol: EDGR CEO: Susan StrausbergRevenues: $12.9 millionNet loss: $2 millionEnd of fiscal year: Dec. One-year shareholder return: 187 percentTotal employees: 93Connecticut employees: 27 Website: www.edgar-online.comDescription: Edgar Online is a provider of value-added business and financial information, including Securities & Exchange Commission reports by publicly traded corporations.

115. Farmstead Telephone Group Inc. 22 Prestige Park CircleEast Hartford, CT 06108-3728860-610-6000Founded: 1986Symbol: FTG CEO: Jean-Marc Stiegemeier Revenues: $12.3 millionNet loss: $1.4 millionEnd of fiscal year: Dec. One-year shareholder return: 165 percentTotal employees: 60Connecticut employees: 33Website: www.farmstead.comDescription: Farmstead Telephone installs, repairs and services telephone systems for businesses nationwide and provides voice-over Internet protocol systems to businesses with 200 or fewer employees.

116. BIW Ltd. 230 Beaver St.Ansonia, CT 06401

Founded: Symbol: BIW CEO: Betsy Henley-CohnRevenues: $9.9 millionNet income: $510,000End of fiscal year: Dec. One-year shareholder return: -5 percentTotal employees: 42Connecticut employees: N/AWebsite: www.buiweb.comDescription: BIW Ltd. is the parent company of Birmingham Utilities Inc., a regulated public water service company that collects and distributes water for domestic, commercial and industrial uses and fire protection in Ansonia, Derby and small parts of Seymour, and of Birmingham H20 Services Inc., which provides water-related services to other water utilities, contractors and individuals throughout Connecticut.

117. Competitive Technologies Inc.1960 Bronson RoadFairfield, CT 06824203-255-6044Founded: 1968Symbol: CTT CEO: D. J. FreedRevenues: $8 millionNet Income: $3 millionEnd of fiscal year: July One-year shareholder return: 207 percentTotal employees: 17Connecticut employees: 14Website: www.competitivetech.netDescription: Competitive Technologies is a technology transfer and licensing provider and a leader in identifying, developing and commercializing innovative technologies in life sciences, electronics, physical and nanotechnologies developed by universities, companies and inventors.

118. New England Bancshares Inc.660 Enfield St.Enfield, CT 06082Founded: 1916Symbol: NEBS CEO: David J. O'ConnorRevenues: $8 millionNet income: $1.2 millionOne-year shareholder return: -5 percentTotal employees: 64Connecticut employees: 64Website: www.enfieldfederal.comDescription: New England Bancshares Inc. is the holding company for Enfield Federal Savings & Loan, which serves business and retail customers in north-central Connecticut.

119. Simsbury Bank & Trust981 Hopmeadow St.Simsbury, CT 06070Founded: 1995Symbol: SBUY

CEO: Martin J. GeitzRevenues: $7.9 millionNet income: $1.8 millionEnd of fiscal year: Dec.One-year shareholder return: 2.8 percentTotal employees: 52Connecticut employees: 52Website: www.simsburybank.comDescription: Simsbury Bank & Trust is a community-oriented commercial bank for businesses and consumers.

120. Curagen Corp.555 Long Wharf DriveNew Haven, CT 06511203-401-3330Founded: 1993 Symbol: CRGN CEO: Patrick J. ZennerRevenues: $6.3 millionNet loss: $90.4 millionEnd of fiscal year: Dec. One-year shareholder return: -17 percentTotal employees: 242Connecticut employees: 240 Website: www.curagen.comDescription: Curagen is a genomics-based biotechnology company developing new drugs and therapies to treat cancer, diabetes and inflammatory diseases.

121. Markland Technologies Inc.54 Danbury RoadRidgefield, CT 06877203-894-9700Symbol: MRKL CEO: Robert TariniRevenues: $6 millionNet loss: $10.5 millionEnd of fiscal year: June One-year shareholder return: -91 percentTotal employees: 191Connecticut employees: N/AWebsite: www.marklandtech.comDescription: Markland is an incubator company for security technology for military and other markets, including chemical detection and remote-sensor data collection. The company also integrates existing security technology.

122. NCT Group Inc.20 Ketchum St.Westport, CT 06880203-226-4447Founded: 1983Symbol: NCTI CEO: Michael J. ParrellaRevenues: $5.5 millionNet loss: $64.6 million

End of fiscal year: Dec. One-year shareholder return: -65 percentTotal employees: 68Connecticut employees: 39Website: www.nctgroupinc.comDescription: NCT's subsidiaries develop communications technology for residential and small-business applications and audio products for offices, call centers, restaurants and aviation.

123. Penwest Pharmaceuticals Co.39 Old Ridgebury RoadDanbury, CT 06810-51201-877-736-9378Founded: 1998Symbol: PPCO CEO: Robert J. HennesseyRevenues: $5.1 millionNet loss: $23.8 millionEnd of fiscal year: Dec. One-year shareholder return: 13 percentTotal employees: 69Connecticut employees: 32Website: www.penwest.comDescription: Penwest develops products based on proprietary oral drug delivery technologies. The company is focusing on products that address diseases of the central nervous system, including drug candidates in pain, epilepsy, schizophrenia, depression and some cardiovascular conditions.

124. USA Video83 Halls RoadOld Lyme, CT 06371860-434-5535Founded: 1986Symbol: USVO CEO: Edwin MolinaRevenues: $4.7 millionNet loss: $1.4 millionOne-year shareholder return: -60 percentTotal employees: 4Connecticut employees: 2Website: www.usvo.comDescription: USA Video Interactive designs and markets streaming video and video-on-demand systems and services to business customers.

125. Alexion Pharmaceuticals Inc.352 Knotter DriveCheshire, CT 06410203-272-2596Founded: Symbol: ALXN CEO: David W. KeiserRevenues: $4.6 millionNet loss: $74.1 millionEnd of fiscal year: Dec. One-year shareholder return: 9.7 percentTotal employees: 204

Connecticut employees: N/AWebsite: www.alexionpharm.comDescription: Alexion Pharmaceuticals focuses on the discovery and development of therapeutic products aimed at treating patients with an array of severe diseases, including cardiovascular and autoimmune disorders, inflammation and cancer.

126. Flight Safety Technologies Inc. 28 Cottrell St.Mystic, CT 06355860-245-0191Founded: 1997Symbol: FLT CEO: William B. CottonRevenues: $3.6 millionNet loss: $420,000End of fiscal year: May One-year shareholder return: -1 percentTotal employees: 10Connecticut employees: 10Website: www.flysafetech.comDescription: Flight Safety Technologies is a development-stage company pursuing three proprietary technologies: Socrates, a ground-based laser acoustic sensor to detect and track wake vortex turbulence at major airports; Unicorn, an airborne collision avoidance radar aimed at use on unmanned aerial vehicles and privately owned aircraft; and TIICM, a technology to defend airliners against the shoulder-fired missile terrorist threat.

127. Startech Environmental Corp. 15 Old Danbury RoadWilton, CT 06897203-762-2499Founded: Symbol: STHK CEO: Joseph L. LongoRevenues: $1.7 millionNet loss: $2.7 millionEnd of fiscal year: Oct. One-year shareholder return: -40 percentTotal employees: 20Connecticut employees: N/AWebsite: www.startech.netDescription: Startech develops and markets equipment and systems to convert waste into energy and other usable commodities, based on its core "plasma converter" technology.

128. Clean Diesel Technologies Inc.300 Atlantic St.Stamford, CT 06901203-327-7050Founded: 1995Symbol: CDTI CEO: Bernard SteinerRevenues: $722,000Net loss: $4.1 millionEnd of fiscal year: Dec.

One-year shareholder return: -43 percentTotal employees: 14Connecticut employees: 10Website: www.cdti.comDescription: Clean Diesel Technologies is a provider of fuel additives and emission control systems for diesel engines. Its technologies work on reduction of nitrogen oxides and particulate matter.

129. Vion Pharmaceuticals Inc.4 Science ParkNew Haven, CT 06511203-498-4210Founded: 1992Symbol: VIONCEO: Alan KessmanRevenues: $275,000Net loss: $16.1millionEnd of fiscal year: Dec. One-year shareholder return: -38 percentTotal employees: 35Connecticut employees: 35Website: www.vionpharm.comDescription: Vion, a pharmaceutical company, specializes in developing agents for the treatment of cancer.

130. American Energy Group 120 Post Road W.Westport, CT 06880203-222-7315Founded: 196Symbol: AEGG CEO: Pierce OnthankRevenues: $0Net loss: $930,000End of fiscal year: June One-year shareholder return: N/ATotal employees: 3Connecticut employees: 2Website: www.aegg.netDescription: American Energy Group is an international oil and gas exploration and royalty company with large properties in Pakistan.

131. Delcath Systems Inc. 1100 Summer St.Stamford, CT 06905203-323-8668Founded: 1988Symbol: DCTH CEO: M. S. KolyRevenues: $0Net loss: $2.3 millionEnd of fiscal year: Dec. One-year shareholder return: 41 percentTotal employees: N/AConnecticut employees: 5Website: www.delcath.comDescription: Delcath Systems Inc. has developed a system to isolate the liver from the general

circulatory system and to administer chemotherapy and other therapeutic agents directly to it. The system is not currently approved in the United States. The company plans to conduct late-stage human trials for approval in the U.S. and possibly in foreign markets.