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PRESS RELEASES
VENTUREWIRE ANNOUNCES INVESTORS’
CHOICE AWARD AT WIRELESS VENTURES
Award Recognizes Ten Wireless Start-Ups with
the Most Potential for Success
NEW YORK – April
26, 2004 – Dow Jones & Co. announced the recipients
of its Investors’ Choice awards at its third annual
Wireless Ventures private equity conference held in Redwood
City, California on April 20 and 21. The event was produced
by Dow Jones VentureWire, the premier source of news, networking,
and information about private technology companies, venture
capital firms, and the people that manage and finance them.
The award recognizes start-up technology companies that are
best positioned for long-term success in the wireless and
mobile communications industry.
Over 300 business leaders, venture capitalists, entrepreneurs
and industry analysts attended the conference and judged the
competition. They selected the 10 award winners out of 54
closely held companies that were invited to present their
business plans at the conference.
“The outlook for the wireless industry is getting better
and better and the Investors’ Choice Award winners are
in prime position to take advantage of these opportunities,”
said Richard A. Shaffer, editor-in-chief of VentureWire. VentureWire
is published by Dow Jones Financial Information Services,
a unit of Dow Jones Newswires.
The recipients of the Investors’ Choice Award, in alphabetical
order, are:
Airvana, Chelmsford, MA, which provides wireless data equipment
for carriers based on the CDMA2000 1xEV-DO standard (www.airvananet.com).
Aligo, San Francisco, CA, which provides server software,
applications, and services for wireless devices (www.aligo.com).
Good Technology, Sunnyvale, CA, which provides wireless e-mail
and messaging software for handheld devices (www.good.com).
MetroFi, Mountain View, CA, which provides residential Wi-Fi
broadband network services (www.metrof.com).
Microwave Photonics, Los Angeles, CA, which provides a suite
of products based on a new switched distributed antenna system
(www.microwavephotonics.com).
Millennial Net, Cambridge MA, which provides hardware and
software for self-organizing, wireless sensor networks (www.millennial.net).
PolyFuel, Mountain View, CA, which provides fuel membrane
technology for portable electronic devices (www.polyfuel.com).
Sonim Technologies, San Mateo, CA, which provides IP-based
instant communication applications (www.sonimtech.com).
Visto, Redwood City, CA, which provides wireless messaging
technology for personal and corporate use (www.visto.com).
Vocera Communications, Cupertino, CA, which provides hands-free,
voice-controlled communications system (www.vocera.com).
The Wireless Ventures conference examines strategies that
can generate revenue and profits in a market where opportunities
are proliferating but proven business models are still hard
to find. Topics at this year’s conference included the
spread of mobile wireless via WiFi, opportunities in broadband
wireless and WiMAX, the outlook for wireless voice over IP,
and the new ways to allocate radio spectrum.
Keynote speakers at this year’s event included Sam Arditi,
General Manager and Vice President, Cellular & Handheld
Group, Intel; Mark Ashida, General Manger, Wireless &
Networking Infrastructure; Rajit Gadh, Director, Wireless
Internet for Mobile Enterprise Consortium, UCLA; Preston Marshall,
Program Manager, DARPA; John Muleta, Chief, Wireless Telecommunications
Bureau, FCC; and Scott Stainken, General Manager, Global Wireless
e-Business, IBM.
Media Contact:
Robert H. Christie
Dow Jones & Company
609-520-5051
http://robert.christie@dowjones.com
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