Office of the Governor - Press Office


FOR RELEASE:
Wednesday, May 17, 2000
CONTACT:
Alan Philp
(303) 866-6369

COLORADO NOW A TECHNOLOGY "HUB," OWENS DECLARES

New statistics show Colorado leap-frogging other "technology" states

DENVER – New annual data released by the American Electronics Association indicate Colorado is fast becoming the nation’s number one technology center, Governor Bill Owens announced today. Joined by the national leadership of the American Electronics Association (AEA), Owens championed new AEA data indicating that Colorado has the highest concentration of technology workers in the entire nation.

"Colorado is now an undisputed leader of the world technology revolution," declared Owens. "Not only does Colorado have the greatest concentration of high-tech workers in the nation, but this new data also indicates we are fast-becoming a national and world leader in high-tech exports and venture capital investment. Colorado is certainly in the big leagues now in the world of high-tech," added Owens.

Annual data released by the AEA show impressive high-tech gains for Colorado:

"Colorado’s high-tech explosion results from our tech-friendly business climate," stated Secretary of Technology. "By cultivating relationships with technology leaders worldwide, reducing the cost of business and addressing the shortage of high-tech workers, Governor Owens has help make Colorado the most technology-friendly state in the nation.

"These efforts combine to create an entrepreneurial dynamic in Colorado comparable to the Silicon Valley," added Holtzman.

"When Silicon Valley technology leaders look for relief from soaring business costs and labor shortages, they find hope here in Colorado," added Owens. "The creation of the Colorado Institute of Technology, which will double the number of annual graduates in technology-related degrees, will keep Colorado’s technological future bright."

Owens said the new AEA data will bolster efforts to call attention to the "Convergence Corridor" – the Front Range corridor that extends from Fort Collins to Pueblo which has become a national focus for technology growth. Economic development officials and the Governor’s Commission on Science & Technology coined the term "Convergence Corridor" to bring national attention to Colorado’s technology efforts.

Owens announced the AEA’s annual data at a Capitol news conference with AEA President Bill Archey and Chairman Mark Stevenson. AEA chose to hold its annual announcement this year in Colorado, due to the state’s impressive technology gains.

The AEA data is contained in the report Cyberstates 4.0: A State-by-State Overview of the High-Technology Industry, which assesses the high-tech industry across the nation by employment, wages and exports. The report is based on U.S. government data. According to the report, Colorado ranked third, behind only California and Texas, in tech job creation, adding 16,000 new jobs in 1998.

 

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last modified May 17, 2000