Second Venture Press Releases-
The Top 50 Emerging Companies voted by 140 Venture Capital Funds & Angel Investors|
FundingPost announces the winners of Pitching Across America™, the largest Venture Capital competition ever.
For Immediate Release:
NEW YORK CITY (December14, 2004) - - FundingPost (www.FundingPost.com) proudly announced today the winning companies from its first annual Pitching Across America™ competition. FundingPost, which has been introducing entrepreneurs to investors for almost 4 years, established the competition in which 140 Venture Capital Funds and Angel Investors participated as judges, voting on 400 business summaries from emerging companies nationwide. This was the largest Venture Capital competition ever organized, sponsored by Wolf Block, Holland & Knight, TriNet, and PRNewswire.
The emerging companies were evaluated on a scale of 1 to 10. Judging criteria consisted of several key points including: the professionalism of the written summary, current stage of development (customers, revenue), competitive advantage and need in the marketplace, feasibility for success, and whether the company is “VentureWorthy™.”
“We were thrilled with the response and the level of interest from both the Venture and Angel community and the entrepreneurs who participated in Pitching Across America™,” said Joe Rubin, Director, FundingPost, “The investors voted these entrepreneurs as some of the most promising emerging companies in the U.S.”
"FundingPost's latest Pitching Across America event was stellar,” said Bill Funcannon, Partner, OVP Venture Partners. “As a judge representing the top-tier fund in the Pacific Northwest, I was impressed by the 50 companies selected from a list of more than 400 entries. The start-ups chosen for the final round represented real balance of companies between earlier- and later-stage investing. There is a natural mix of winners from industry segments based on market opportunities, and a balance between risk and reward for venture capitalists and entrepreneurs alike.”
“The FundingPost competition provided an efficient vehicle in which a busy VC could quickly evaluate many investment opportunities,” said Daniel Penberthy, Rand Capital. “Much has been said about entrepreneurs always having their ‘elevator speech’ ready. Well, this is the ‘elevator of today’ and entrepreneurs need to be able to summarize their business opportunity in a few paragraphs instead of minutes, if they are to be successful in today’s fundraising environment. FundingPost’s competition helped to accomplish this, and provided an introduction to three new investment opportunities in my region.”
National Winner: Remote Play, Inc.
Founded to commercialize its innovative RFID-Command & Control and RFID-Distance Estimation wireless technology. This patented technology, called SilverLink™, brings to market new and exciting products such as ChildAlert™, a child-monitoring device. SilverLink™’s reliable technology provides the key ingredient in making these new products possible. RPI has invested heavily in perfecting its technology. SilverLink™ is the first to estimate distance using RF in a robust manner. It is also the first to provide multi-device discrimination with operating ranges over 1,000 feet. This capability is packaged into a miniature, low-cost, low-power system that is especially suited to portable applications.
|AdriaComm, Inc. (CA)||Ingenuus Software, Inc. (TX)|
|Advanced Products Laboratories, Inc. (MN)||Integrity Systems Ltd (MO)|
|AgeSpan, Inc. (OK)||Loadstar Sensors, Inc. (CA)|
|ALeNet, Inc. (FL)||Mapping Solutions Inc. (OR)|
|Appollonia Holdings Ltd. (CO)||Montana Range, LLC (MT)|
|Axiolog, LLC (MI)||New Earth Systems (UT)|
|Base One International Corporation (NY)||Obvient Strategies, Inc. (GA)|
|BioSystem Development, LLC (WI)||On Time Medical Imaging (NM)|
|Canarys Automations Pvt.Ltd (WA)||OSI (NV)|
|Computility (IA)||Parallel Computers Technology Inc. (PA)|
|CorAccess Systems (CO)||Porter Industries (OH)|
|Cytorex Biosciences inc. (FL)||PPT Research, Inc. (PA)|
|Datacomm Management Sciences, Inc. (CT)||Professional Medical Associates, Inc. (KS)|
|DVForge, Inc. (TN)||R & G Corporation (NY)|
|ElderMark Solutions, Inc. (MN)||Reinsurex (NY)|
|Elox Pharmaceuticals, Inc. (MA)||RuralWest (WA)|
|Environmax,Inc. (UT)||SaveItSafe Corp (TX)|
|Estco Medical (MD)||SDR Pharmaceuticals, Inc. (NJ)|
|Ethidium Health Systems (PA)||Soy Works Corporation (IL)|
|EZ Payment Solutions Inc. (AZ)||Telesto-Secure (VA)|
|Fat Spaniel Technologies, Inc. (CA)||The Benevolink Corporation (GA)|
|Freedom 4 Wireless, Inc. (FL)||Transaction Security, Inc. (MD)|
|Gridlogix (MO)||Ultrafit Preventive Medicine Centers (TX)|
|Healthwave, Inc. (NY)||YourWebPress.com (AR)|
|HiSpirit, LLC (ND)|
Premiere Sponsor: Wolf Block
For more than 100 years, WolfBlock has helped entrepreneurial companies to flourish. Some of our largest clients today were once among our smallest clients. We have developed a proficiency in assisting companies from conception through the venture capital stage and into a public offering or exit sale. Our 300 lawyers have in-depth experience in a broad range of industries and practice areas. With seven offices in the Mid-Atlantic region covering the geographic corridor from New York City to Washington, D.C., our smaller clients benefit from an unusual combination: the sophisticated resources of a leading law firm coupled with a culture of servicing the unique needs of rising entrepreneurial companies. For more information, contact David Gitlin, Partner, Corporate/Securities Chair, Wolf Block at (215) 977-2284 or e-mail email@example.com.
Premiere Sponsor: Holland & Knight
Holland & Knight LLP is among the largest law firms in the world with more than 1,200 lawyers who practice in over 100 areas of law. Our clients' business interests range in scope from local to global and span industries such as banking and finance, utilities, insurance, domestic and foreign governments, media, shipping lines and cruise operators, airlines and aircraft manufacturing, transportation, real estate development, mining, agriculture, trade, intellectual property, healthcare, construction, entertainment, telecommunications, and hotel, resort and timeshare. For more information, contact Harvey Alan Goldman, Partner, Holland & Knight at (305) 789-7506 or e-mail firstname.lastname@example.org.
Every second your employees spend on non-core tasks affects your company's bottom line. Help them develop your business, take advantage of online self-service, and focus on high-level strategy. TriNet integrates and simplifies your HR administration, saving you time, money, and headaches. For more information on the East Coast, please contact Don Alleva, TriNet Regional Sales Consultant by calling 914-699-3122 or e-mailing email@example.com. On the West Coast, please contact Jack Westbrook, TriNet Regional Sales Consultant, 510-875-7534; e-mail: firstname.lastname@example.org.
Sponsor: PR Newswire
PR Newswire, the world's largest distributor of news releases, has over 40,000 members worldwide--many of which are small businesses, entrepreneurs and start-ups. Our members benefit because their news releases are accessible in the locations where the media goes to get raw material for their stories. For additional information, please contact 888-776-0942 or e-mail email@example.com.
For almost four years FundingPost has worked with thousands of Angel and Venture Capital Investors and Entrepreneurs. With over 3,000 CEOs and 500 Venture Funds attending events in 15 cities nationwide, a quarterly Dealflow magazine, and a deal-exchange Website that has, on average, seen an introduction of an Investor to an Entrepreneur every business day since its inception, FundingPost believes that it is important to reach investors in every medium possible - both online and offline, and is experiencing strong growth as the venture capital markets continue to improve worldwide.
# # #
Note to editors: Please contact us for additional information or to schedule interviews with FundingPost, any of the winning companies or the Venture Capital / Angel investors who participated as judges.
Media Contacts for FundingPost: