SCHENECTADY, N.Y. — Transfinder last week unveiled the company's sidewalk plaque placed at the entrance of its new headquarters at 440 State St. in Schenectady.

The rose compass design displays the exact latitude and longitude coordinates, 42.812188 and -73.941243, for 440 State St.

Officials said the plaque represents the roots of the company's core business, which utilizes advanced geographic information systems to map and visualize student locations for their safe transport to and from school.

Mayor Gary McCarthy and Metroplex representatives were to join company President and CEO Antonio Civitella at the unveiling.

"Unveiling the plaque is a symbolic way to welcome our employees into their new offices and to showcase Transfinder's core concept of location intelligence to the community at large," Civitella said.

To further mark the company’s residence at 440 State St., officials will hold a ribbon-cutting ceremony this Thursday.

"2013 marks another exciting year for the company as we celebrate our 25th year in business and have relocated to a state-of-the-art corporate headquarters in the heart of downtown Schenectady,” Civitella said. “We have experienced tremendous growth in recent years, expanding our organization to over 70 professional employees and have received recognition as one of Inc. 5000's fastest growing private companies each year for the past seven years. My hope is that our new headquarters, which will accommodate 125 employees, contributes to the expanding vitality of Schenectady County and the region's Tech Valley community."

Schenectady County Legislator Marty Finn, chair of the Legislature's Committee on Economic Development, added that the county economic development team worked closely with Transfinder and the city of Schenectady to keep the home-grown tech company in Schenectady County, creating new jobs and bringing new investment to the community.

Meanwhile, Mayor McCarthy congratulated Civitella and the rest of the Transfinder team for their success and the new headquarters.

And Ray Gillen, chair of the Schenectady County Metroplex Development Authority, said, "Metroplex is proud that we were able to bring yet another job producing investment to Schenectady County. Transfinder is a great addition to the Proctors Block downtown."

Following the ribbon cutting, Civitella and Transfinder representatives will attend the Downtown Schenectady Improvement Corp.'s 11th Annual Building Block Party, celebrating the revitalization of State St. as a center for commerce and entertainment.

At the event, Civitella will be honored for his economic development achievements.

Transfinder selected 440 State St. in Schenectady for its new headquarters in 2011, as SBF reported.