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Entrepreneurs Compete for the Gold at the 11th Annual Florida Venture Capital Conference

                 Statewide Venue Launches January 30-31, 2002

               1000 Expected to Attend Including 100+ VC Firms

    MIAMI, Jan. 3 /PRNewswire/ -- Later stage entrepreneurial companies from
across Florida will each have 12 minutes to convince a national audience of
venture capitalists to invest in their companies at the 11th annual Florida
Venture Capital Conference.  Florida's only statewide conference for the
venture capital community, that has attracted millions of dollars of venture
capital to Florida-based companies, is set for January 30-31, 2002 at the
Doral Golf Resort & Spa in Miami.
    "We have an exceptional group of qualified presenters this year from all
the major regions in Florida," said Thomas E. Aucamp, a Director with New
River Capital Partners and 2002 Chairperson of the Florida Venture Forum.
"Most of these companies have already raised early stage capital, have
revenues and are profitable."  The Conference is a platform designed to
identify promising, high-growth companies in Florida looking for equity
financing, and showcase them to venture capitalists and other private equity
funding sources.  The 2002 lineup of presenters features biotech, software
developers and medical/health care.  VCs have previously invested in
communications, retail, medical/health care and high tech/e-commerce.
    The two-day event includes approximately 20 back-to-back company
presentations, seminars featuring the country's leading consultants, service
providers and venture capitalists plus several national speakers.  The Keynote
Speaker on January 31 is Florida Governor Jeb Bush.  The Opening Day Speakers
on January 30 are John G. Clarkson, M.D., Senior Vice President/Medical
Affairs, Dean of the University of Miami School of Medicine, and Dr. Charles
Young, President of the University of Florida.  Over 900 people attended the
2001 Conference and 1,000 venture capitalists, leading service providers,
entrepreneurs and investment bankers are expected to attend the 2002
Conference.
    The Conference also boasts a high-profile and respected list of Platinum
Level sponsors, each of whom have contributed financially as well as hours of
volunteer time coaching presenters and acting as mentors.  These sponsors
include Akerman Senterfitt, Bank of America, Deutsche Banc Alex. Brown,
Edwards & Angell, LLP, Ernst & Young, Greenberg Traurig LLP and Raymond James
& Associates, Inc.
    According to the National Venture Capital Association (http://www.nvca.org),
venture capital investments have increased over the past decade with close to
$104 billion in venture capital invested in companies nationwide in the year
2000.  As of the third quarter of 2001, Florida companies received
$599 million in venture capital.  Presenters from prior Florida Venture
Capital Conferences over the last 10 years have been successful in raising
over $424 million in capital, and include some of Florida's most successful
entrepreneurial companies such as Citrix Systems, Sportsline.com and Redgate
Communications.  According to Conference organizers, seven presenters from the
2001 Conference, either through their own efforts or as a result of the
Conference, have raised $30.8 million funding from investors.
    Presenting companies at the 2002 Conference went through an extensive
selection process, which included the online submission of a detailed
application including financial history, business model and management
qualifications.  More than 300 applications were submitted by companies from
within the entire state of Florida.
    The entrepreneurs selected to present at the 2002 Conference have received
valuable training as a benefit of their selection.  The Florida Venture Forum,
Inc., organizers of the Conference, conducted Basic Training for
Entrepreneurs, a crash course which educates presenters on presenting their
business plan, crafting an elevator speech, negotiating private equity funding
and making a successful public presentation.
    Conference Registration is available on-line at
http://www.flvencap.org/attendee_form.php3 or by calling 305-446-5060.  Conference
fees are $449 per person before January 9 and $499 thereafter.  For hotel
reservations, contact the Doral at 1-800-713-6725 and mention the Conference
room rate of $299 for a single room.

    ONLINE PRESS CENTER AND VIDEOCLIP
    For additional background information, visit our online press center at
http://www.prnewswire.com/prntradeshows/january/financial/FLA_Venture.shtml ,
courtesy of PR Newswire.  For a videoclip about the Florida Venture Capital
Conference, visit
http://video.vdat.com/playfile.asp?brand=VN&file=2002010301.asf&stream=w .

    ABOUT FLORIDA VENTURE FORUM, INC.
    The Florida Venture Forum, Inc., created in 1984, is Florida's premier
entrepreneurial networking group that helps entrepreneurs manage their growing
business and identify sources of venture capital.  For updated information on
presenters, speakers and sponsors, please visit http://www.flvencap.org or e-mail
forum@flvencap.org.

    Florida Venture Forum (FVF)/Florida Venture Capital Conference
Spokespersons
    * Jeanne A. Becker, FVF Executive Director, 305/446-5060
    * Thomas E. Aucamp, 2002 FVF Chairperson, 954/713-1165
    * Kevin Watson, 2001 FVF Chairperson and Chairperson of the 2002
      Conference Selection Committee, C/max Capital, 954/765-3480 x226
    * Daniel H. Aronson, 2002 Conference Co-Chairperson, Greenberg Traurig,
      P.A., 954/765-0500
    * Reuben Johnson, 2002 Conference Co-Chairperson, Raymond James &
      Associates, 561/833-0285

    Following
    * 2002 List of Selected Presenters (to date)
    * Conference Funding History Chart


                          2002 PRESENTING COMPANIES
                               20 as of 1/3/02

    * The Athena Group, Inc. (http://www.athena-group.com) (Gainesville) - Licenses
      high-performance digital signal processing (DSP) semiconductor
      intellectual property (SIP) that enables breakthrough improvements in
      speed, power consumption and cost for system on a chip (SoC).
    * Copharos, Inc. (http://www.copharos.com) (Ponte Vedra Beach) - Developer of
      proprietary vitamin B-12 based imaging and therapeutic agents to the
      used in the early detection and treatment of various cancers, with
      possible applications in infectious disease as well.
    * CopperCom, Inc. (http://www.coppercom.com) (Boca Raton) - Develops an end-to-
      end architecture that combines voice over broadband access with a robust
      soft switch system.
    * Dialtone, Inc. (http://www.dialtone.com) (Ft. Lauderdale) - Provider of
      dedicated managed hosting based on both the Linux and Windows 2000
      platform.
    * Dyadic International, Inc. (http://www.dyadic-group.com) (Jupiter) - Develops
      proprietary biological systems for the discovery and expression of
      eukaryotic proteins, polypeptides and other biologically active
      compounds from diverse environmental sources.
    * Florida Digital Network (http://www.floridadigital.net) (Orlando) - Provider of
      local, long distance and Internet access service to customers in eight
      markets across Florida.
    * Image-Guided NEUROLOGICS, Inc. (http://www.igneurologics.com) (Melbourne) -
      Leading innovator in the development of precision access, navigation,
      and delivery products for the less invasive treatment of neurological
      diseases.
    * IntelliNet Technologies, Inc. (http://www.intellinet-tech.com) (Melbourne) -
      Develops communications infrastructure software and middleware
      technology for networking traditional SS& and next generation IP-based
      networks.
    * In.vision Research Corporation (http://www.invisionresearch.com)
      (St. Petersburg) - Developer of a fully integrated suite of XML-based
      software products that have been developed to work together "off-the-
      shelf" from inception.
    * Medcanica, Inc./Pobcab, LLC (http://www.medcanica.com) (Miami) - A medical
      device company focused on the development of instruments and procedures
      to perform closed chest, endoscopic, coronary artery bypass ("CAB")
      surgery on a beating heart, or POBCAB (Port, Off-Pump, Coronary Artery
      Bypass).
    * MeshNetworks, Inc. (http://www.meshnetworks.com) (Maitland) - Developer of high
      speed Ad Hoc, mobile wireless, pure IP networking technology based on
      DoD specifications that can deliver 608 Mbps at up to 1/30 the cost of
      traditional wireless networks.
    * NexTrade (http://www.nextrade.org) (Clearwater) - Provides full suite of
      electronic exchange technology that enables market participants to trade
      products, primarily financial instruments, quicker, more efficiently,
      anonymously and at lower costs than a traditional trading environment.
    * Optium Corporation (http://www.optiumcorp.com) (Orlando) - A fiber-optics
      company that designs, manufactures, and markets high-speed transceiver
      products.
    * PartnerCommunity, Inc. (http://www.partnercommunity.com) (Boca Raton)- Provides
      partner management solutions for service providers who need to bond
      electronically with their customers and partners.
    * Pilgrim Software (http://www.pilgrimusa.com) (Tampa)- Developer of proprietary
      Enterprise Quality Management (EQMO) software solution for managing the
      product quality life cycle within manufacturing and the supply chain.
    * PsiloQuest (no website) (Winter Park) - Develops and commercializes
      Chemical Mechanical Planarization's (CMP) polishing pads.
    * ScriptRx, Inc. (http://www.scriptrx.com) (West Palm Beach) - Provider of
      interactive healthcare systems for patient documentation, which reduce
      medication errors, fraud and dramatically improve the timeliness and
      quality of patient care in Hospital Emergency Departments (EDs.)
    * Sunol Molecular Corporation (http://www.sunolmolecular.com) (Miramar) - A
      biopharmaceutical developer of high value novel human therapeutics based
      on the immune system molecules from the antibody super family-
      antibodies, T-cell receptors and major histocompatibility complexes
      (MHC).
    * SWANTECH, LLC (http://www.swantech.com) (Ft. Lauderdale) - Designs,
      manufactures and markets advanced ultrasonic stress wave diagnostic
      systems used to determine the operating health of machinery.
    * Xytrans, Inc. (http://www.xytrans.com) (Orlando) - Leading supplier of
      Millimeter Wave (MMW) transceivers for broadband communications.

                      FLORIDA VENTURE CAPITAL CONFERENCE
                     PRESENTERS WHO HAVE RECEIVED FUNDING


    COMPANY          YEAR PRESENTED       AMOUNT       SOURCE

    Tony Zalenski
    Boca Research             1992    $7,000,000     Summit Partners
    561/997-6227

    Dr. Norman Weldon
    Corvita Corp.             1992   $11,000,000     Institutional Investor
    305/557-3100                                     (California)

    Ted Leonsis
    Redgate Communications    1992    $1,000,000     Massey Birch Inv. Group
    415/525-4000

    Diane Huth
    Skinny Snacks             1992   $13,000,000     Original Brazilian
    941/278-0244                                     Investor

    Luis Romero-Font
    Celpage, Inc.             1994   $6,000,000      Providence Ventures
    809/277-2812

    Michael Levy
    Sportsline USA, Inc.      1995   $ 3,000,000     Kleiner Perkins Caufield
    954/351-2120                                     and Byers

    Armand Alciatore                                 Econ. Dev. Fund of
    Tahoe Surgical                                   Puerto Rico and
    Instruments               1995    $750,000       Venture Capital Fund
    1-800-TAHOE-11                                   of Puerto Rico


    Eric Hale
    UroQuest, Inc.            1995  $2,500,000       E.M. Warburg
    1-800-464-8735                                   Pincus

    Global Vision             1996    $2,500,000     Crosspoint Ventures
    904/268-4587

    Mead McCabe, Jr.
    Genetic Vectors           1996    $4,768,700      Initial Public Offering
    305/716-0000

    Nick Molina
    Let's Talk Cellular       1996   $21,100,000      Initial Public Offering
    305-477-8255

    Burt Sookram
    Catalina Food Ingredients 1997    $3,500,000      Sirrom Capital
    813-845-5595

    Ellen Caravello
    On-line @Unicom           1997    $1,000,000      PennWell Publishing
    561/276-2433

    Luis F. Ayala
    TAC Systems, Inc.         1997   $2,000,000       Sirrom Capital
    205-721-1976

    Michael Dowling
    Sawgrass Electronics
    Group, Inc.               1997    $5,000,000          N/A
    954-340-8127

    Brendan T. Fitzgerald
    Microgistics, Inc.        1998   $2,400,000       Combination of
    407-757-5780                                      Private Investors

    John Lawlor
    The Email Channel         1998      $385,000      Antares Capital
    561-226-3624

    Steve McLaughlin
    Net Healthcare            1998    $9,000,000      Sale/merger with
    954-492-8774                                      Preferred Employers
                                                      Holdings

    Gary Patterson
    Imaginet Design Solutions 1998      $380,000      South Florida-based
    954/922-0399                                      bank

    Martin E. Doyle
    Perception, Inc.          1998    $3,000,000      Equity funds from
    305-593-5505                                      Private Investors

    Gail Nichols
    Willow CSN Incorporated   1998    $5,000,000      Terms confidential
    305-864-6577

    Oscar Coen
    Yupi.com                  1999  $108,000,000     Interprise Technology
    305/604-0366                                     Partners, IFX
                                                     Corporation, Sony, etc.

    Michael Baron
    TeraNex                   1999    $4,000,000     BancBoston Capital
    407/417-1086

    Michael A. McNeal
    Absolutely Software       1999    $1,000,000     Private investors
    561/852-0681

    Clifford T. Boro
    Internet Financial
    Network, Inc.(IFN)        1999   $10,000,000     Private investors-Julius
    954/321-6061                                     Trump

    Scott Moody               1999 $20,000,000       Stonehenge Capita
    AuthenTec                                        Royal Bank of Canada
    407-729-5848

    Jerome Pepin
    U.S. Bid                  1999    $1,200,000     Private investor
    407-725-0260              2000  $ 10,000,000     Spectrum Equity
                                                     Investors and
                                                     Brinson Partners

    Zijad F. Aganovic, Ph. D.
    Cylex Systems, Inc.       1999    $6,000,000     H.I.G. Capital
    561-998-7175

    2000 Florida Venture Capital

    Christopher Cogan
    GoCo-op                   2000  $ 21,000,000     Invemed Associates
    407-628-3636              2001  $ 23,000,000     Invemed Catalyst Fund

    David A. Schwedel
    Marex.com                 2000  $ 43,000,000     Brown Simpson Strategic
    305-285-2003                                     Growth Funds


    Glenn Parker
    ParkStone Medical         2000  $ 31,500,000     Oak Investment
    954-389-8900                                     Partech International
                                                     Cardinal Health
                                                     Salix Ventures

    Kenneth Dotson
    ScoreCardUSA.com          2000   $ 1,600,000     CrossBow Ventures
    407-482-8282
    Orlando, FL

    Michael Davis
    eAngler.com               2000   $ 9,100,000     SI Ventures LLC
    877-979-3474                                     Brunswick Corporation

    2001 Florida Venture Capital

    Steve Sponder             2001    $3,200,000     Crossbow Ventures
    BizProLink
    954-535-2999

    Rick Sanderson
    Fourbit Group, Inc.       2001    $1,500,000     Private Investors
    954-938-9900

    John Textor               2001    $6,800,000     Crossbow
    Jester Digital
    Wyncrest Capital
    561-833-9220

    Keith Gibson              2001    $5,000,000     Stonehenge
    Kview, Inc.                                      Capital,
    813-221-2765                                     Advantage Capital
                                                     Thompson
                                                     Murff LCC and others

    Nate Clement              2001      $300,000     Fred Perkins,
    LatPro                                           Perkins & Assoc.
    954-474-6880 ext. 138

    Michael Meiser            2001    $4,000,000     Crossbow
    Medmundo                                         Battery Ventures
    305-576-0227

    Chris Fleck               2001   $10,000,000     Mellon Ventures
    OmniCluster                                      HIG Ventures
    561-981-0261                                     Crossbow

    TOTAL:                          $424,483,700





SOURCE Florida Venture Forum, Inc.




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Related links:
  • http://www.flvencap.org
    CONTACT:
    Claudia Margolis, of Florida Venture Forum,
    Inc., +1-305-446-5060, or cmargolis@beckerconsulting.com