Applicants Sought for 2003 Conference in Orlando, Florida
MIAMI and ORLANDO, Fla., Aug. 19 /PRNewswire/ -- The Florida Venture Forum
(http://www.flvencap.org), organizers of the annual Florida Venture Capital
Conference, is pleased to announce that six presenters from the January 2002
Conference have raised $13.9 million in capital. The Florida Venture Capital
Conference, Florida's only statewide later stage venture capital conference,
has attracted millions of dollars of venture capital into Florida-based
companies over the last decade.
A Florida Venture Forum survey now reveals that six of the 18 presenters
have succeeded in securing, either directly or indirectly as a result of the
Conference, $13.9 million in funding from investors, bringing the grand total
for former presenters who have raised capital over the last 11 years to over
$453 million. Other presenters are currently negotiating with investors.
"Presenting companies featured at Florida Venture Capital Conferences
continued to get funded and are sought out by investors," said Jay Simione,
2003 Co-Chairperson of the Florida Venture Capital Conference and a Senior
Vice President with Marsh Technology.
To date, the following six companies have received funding, demonstrating
investor confidence, a sound business plan and high growth marketing
potential:
* Ponte Vedra Beach-based Copharos, Inc., developer of proprietary vitamin
B-12 based imaging and therapeutic agents to be used in the early detection
and treatment of various cancers, received $2.5 million from private
investors.
* St. Petersburg-based In.vision Research, a company that is positioned
for sustainable competitive advantage with an off-the-shelf enterprise
software framework that enables Global 1000 organizations to deliver
customized mission critical eBusiness applications without programming,
received $400,000 from Stonehenge Capital Corporation and other investors.
* Boca Raton-based Partner Community, a provider of partner management
software solutions to communications, application and content service
providers, received $600,000 from private investors.
* Orlando-based psiloQuest, a company that develops and commercializes
polishing pads used to manufacture semiconductors, received $150,000 from
Aurora Funds.
* West Palm Beach-based ScriptRX, a provider of unique touchscreen
interactive healthcare systems specifically for patient documentation,
received $2 million from CrossBow Ventures.
* Orlando-based Xytrans, Inc., a leading supplier of Millimeter Wave (MMW)
transceivers for broadband communications, received over $8.3 million from
SpaceVest, Grace Venture Partners, Alliance Technology Ventures, CrossBow
Ventures, Sawteck and Stonehenge Capital Corporation.
"We are very pleased to announce that the 2003 Florida Venture Capital
Conference will take place in Orlando," said Richard J. Dobkin, Tampa office
Managing Partner of Ernst & Young LLP.
Applicants are now being sought for the 12th annual Florida Venture
Capital Conference, scheduled for January 15-16, 2003 at the Wyndham Palace?
Resort & Spa, a Walt Disney Resort(R) in Orlando, FL. Applications are
available online at http://flvencap.org/apply (hard copy applications will not
be accepted), for Florida-based companies in all stages of development and all
industries. The early deadline for presenter applications is Friday, September
13, 2002 and applicants are encouraged to apply early to be considered. A
committee of venture capitalists reviewing the applications, study the
company's business plan focusing on their revenue model, historical data,
management team, high growth potential and existence of proprietary
technology.
In addition to the Florida Venture Capital Conference, the Florida Venture
Forum holds monthly educational programs on a statewide basis in south
Florida, central Florida and north Florida. The Florida Venture Forum, Inc.
is Florida's premiere statewide entrepreneurial networking group in Florida
that educates entrepreneurs and assists them identify sources of venture
capital. Created in 1984 by a group of high-level business leaders and
academicians, the goal of the Forum is to help ensure the success of
entrepreneurial ventures of modest size and limited resources by offering
expert counsel and advice. Each January, the Forum presents the Florida
Venture Capital Conference, now in its 12th year. For more information,
please visit the Forum's web site at http://www.flvencap.org or e-mail
forum@flvencap.org.
CONTACTS:
Entrepreneurs
* Copharos, Inc.
Stefan Borg, President/CEO, 904-543-1140, sciborg@copharos.com
* In.vision Research
John D. Friske, Jr., President, 727-822-7200,
jfriske@invisionresearch.com
* PartnerCommunity, Inc.
John Yin, President/CEO, 561-981-1200, jyin@partnercommunity.com
* psiloQuest
Robert L. Heid, President, 407-677-0997, rheid@psiloquest.com
* ScriptRx
Douglas A. Wheeler, President/CEO, 561-805-5935,
doug.wheeler@scriptrx.com
* Xytrans, Inc.
Robert C. Strandberg, President/CEO, 407-345-8008, rob@xytrans.com
Florida Venture Forum Spokespersons
* Jeanne A. Becker, Florida Venture Forum Executive Director,
305-446-5060, jbecker@beckerconsulting.com.
* Tom Aucamp, Florida Venture Forum 2002 Chairperson, New River Capital
Partners, 954-713-1165, taucamp@newrivercapital.com.
* Richard J. Dobkin, Co-chair, 2003 Florida Venture Capital Conference,
813-225-4900, richard.dobkin@ey.com.
* J. John Simione, Co-chair, 2003 Florida Venture Capital Conference,
MARSH, 954-838-3570, j.simione@marsh.com.
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
Roger Ueltzen 2001 $3,000,000
Cylex Systems, Inc.
561-998-7175
William D. Kirsh
eAppealSolutions.com,
Inc. 2001 $2,500,000 Scientia Health
305-534-7174 Group
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
2002 Florida Venture Capital
Stefan Borg 2002 $2,500,000
Copharos, Inc.
904-543-1140
John D. Friske, Jr. 2002 $400,000 Stonehenge
In.vision Research Capital and
727-822-7200 others
John Yin 2002 $600,000 Private
PartnerCommunity, investors
Inc.
561-981-1200
Robert L. Heid 2002 $150,000 Aurora Funds
psiloQuest
407-677-0997
Douglas A. Wheeler 2002 $2,000,000 CrossBow
ScriptRX Ventures
561-805-5935
Robert C. Strandberg 2002 $8,333,000 SpaceVest,
Xytrans, Inc. Grace Venture
407-345-8008 Partners,
CrossBow Ventures,
Stonehenge
Capital,
Alliance
Technology Ventures
TOTAL: $453,567,100
SOURCE Florida Venture Forum, Inc.
back to top
Related links: http://www.flvencap.org
CONTACT: Bertha Diaz, Florida Venture Forum, Inc., +1-305-446-5060
|