AMBROSE & NJ TECH MEETUP: A GROWING PARTNERSHIP IN THE NEW JERSEY TECH SECTOR

SHORT HILLS, NJ, August 18, 2011 - The fast growing Hoboken Tech Meetup has officially changed its name to the New Jersey Tech Meetup. In addition, Ambrose announced its renewed partnership with the New Jersey Tech Meetup and will sponsor NJTM events in 2011.   In doing so, Ambrose reinforced its commitment to serving technology and start-up companies in the New Jersey region.

“We are very pleased with the tremendous growth and success of the New Jersey (Hoboken) Tech Meetup, and we look forward to continuing our support of the New Jersey startup and technology sectors,” said Ambrose CO-CEO Greg Slamowitz.

Since Ambrose originally became a sponsor of the popular Meetup in April, 2011, the group of entrepreneurs and innovators has grown in size by over 50% and surpassed 1000 members. The new logo, a rocket ship, reinforces the group’s core mission to support the launch of start-ups.  The milestone also marks the opening of the organization’s new co-working space, Mission 50, in Hoboken New Jersey. The new shared office space will host and incubate New Jersey based start-ups and foster collaboration amongst them. 

As part of the renewed partnership, Ambrose will sponsor two complimentary best practice seminars for NJTM members in 2011. The first workshop topic returns by popular demand. How to Lead A Growing Company will be presented by Ambrose Co-CEO Greg Slamowitz on September 22nd at the new co-working space in Hoboken. The second workshop, Best Practices for Start-up Companies, will be presented by Ambrose Co-CEO Iorillo during the 4th quarter of 2011. For additional event details or to RSVP, please visit www.NJTechMeetup.com.

“Ambrose is a great addition to NJTech and an enthusiastic and supportive partner.  It's abundantly clear that Ambrose is dedicated to educating and supporting entrepreneurs, and we are proud to have them as part of the community,” said New Jersey Tech Meetup Founder Aaron Price.

Just as the New Jersey Tech Meetup has grown rapidly, so too has demand for Ambrose’s services within the state of New Jersey. Ambrose has experienced over 75% growth in the number of clients and over 200% growth in the number of serviced employees in the state of New Jersey. Many of Ambrose’s newly acquired New Jersey based clients have been technology companies.

Both Ambrose and the New Jersey Tech Meetup acknowledge the huge potential for technology businesses in the state.

"As NJTech surpasses 1000 members, it's clear that there is a strong enthusiasm and interest in technology in New Jersey, and an ambition that I expect to power our economic recovery." said Aaron Price.

About Ambrose
Ambrose is a professional employer organization ("PEO") providing outsourced human resources administration, payroll, and benefits services to small businesses. Founded in 1997, Ambrose’s purpose is to help small businesses to focus on their core business.  Ambrose is a niche PEO focused exclusively on business services firms, financial service firms, marketing and advertising firms, technology companies, and other professional service firms.  Ambrose services clients across the country and has offices in Boca Raton, Los Angeles, New York, Short Hills, Stamford, and Washington D.C.

About New Jersey Tech Meetup
The New Jersey Tech Meetup (formerly Hoboken Tech Meetup) is a monthly meeting of 100+ entrepreneurs and innovators from a group of over 100members.  They meet monthly at the Stevens Institute of Technology campus in Hoboken, NJ to hear from smart featured speakers and interesting startups.  The goal is an atmosphere of sharing best practices and learning from both failure and success.  Past speakers include David Kidder (Clickable), Ben Sun (Community Connect), Tad Martin (COO to take Overstock public), Seth Besmertnik (Conductor), Gabe  Zichermann (Gamification Summit), Steve Messer (Linkshare), Jeff Stewart  (Mimeo, Urgent Career), Bob Dorf (The Four Steps to the Epiphany), David S. Rose (NY Angels), and more.  To learn more or to join The New Jersey Tech Meetup, please visit www.NJTechMeetup.com.