Telchemy Takes Center Stage at Capital Connection 2003 Venture Fair
ATLANTA, GA (May 15, 2003) - Telchemy® Inc., an industry leader in distributed real-time multimedia performance management and Voice over IP service quality monitoring, is pleased to announce that it has been selected as one of only fifty-two companies, representing "the most fundable investment opportunities", to present at the prestigious Capital Connection 2003® venture investment fair, May 27th and 28th at the Baltimore Marriott Waterfront Hotel in Baltimore, MD.
Produced by the Mid-Atlantic Venture Association (MAVA), Capital Connection 2003 is one of the nation's most successful and influential venture events. Over the years, MAVA venture fairs have helped to shape the region's entrepreneurial economy, generating more than $ 2.2 billion of venture investments in the presenting companies. Successful companies such as AOL, Ciena, Corvis, Uunet and webMethods have all presented at MAVA's annual fairs.
"We are very pleased that Telchemy has been selected by MAVA to present our story," said Dr. Alan Clark, CEO and founder of Telchemy. "Capital Connection 2003 is a great venue for Telchemy to share our vision of distributed performance management of IP-based voice, video, and on-line gaming applications with an audience of key investors. We believe that our selection for this key event reflects both the attractiveness of the networked multimedia market and our strong position within the market", added Dr. Clark.
"The companies selected to present at Capital Connection 2003 demonstrate that entrepreneurship continues to thrive," said Kevin Burns, Co-Chair of Capital Connection 2003 and Managing Principal of Lazard Technology Partners. "These companies represent some of the highest quality and most experienced management teams in the market today and offer exciting investment opportunities."
"In this more challenging investment environment, only the best companies will survive," said Larry Macks, Co-Chair Capital Connection 2003 and Partner at Boulder Ventures. "The companies presenting at Capital Connection 2003 are among the best emerging companies with talented management teams, exciting technologies and solid business strategies."
About MAVA
MAVA represents the collective interests and leverages the success of venture capitalists investing in DC, Maryland and Virginia. Founded in 1986, MAVA provides a wide range of programs, information and forums designed to facilitate quality deal flow, encourage collaboration, and foster solid relationships with key service providers. Membership includes 375 venture capital professionals at 126 firms with over $10 billion in capital under management. In addition, over 265 key service providers from the legal, financial, executive search and consulting fields are also MAVA members. For more information on MAVA and Capital Connection 2003, please visit www.mava.org