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[March 16, 2004]
Vonage Awarded VentureWire Investors' Choice Award At Network Outlook
VentureWire, published by Dow Jones Newsletters, announced the recipients of its Investors' Choice awards at its 12th Annual Network Outlook Private Equity conference held in Redwood City, Calif., on March 9 and 10, 2004.
The award recognizes start-up technology companies that are best positioned for long-term success in the data communications industry.
More than 300 business leaders, venture capitalists, entrepreneurs and industry analysts attended the conference and judged the competition. They selected the 10 award winners out of 72 closely held companies that were invited to present their business plans at the conference.
"The Investors' Choice awards are presented to 10 start-up companies for their potential to make an impact in the data communications industry," said Richard A. Shaffer, editor in chief of VentureWire. "It's still a tough market, but these companies are finding opportunities to succeed."
The recipients of this year's awards, in alphabetical order, are:
Actelis Networks, Fremont, Calif., which provides technology to boost the speed, range, and reliability of copper local loop facilities (www.actelis.com).
BitBand Technologies, Netanya, Israel, which develops and markets appliances for streaming video and audio over IP networks (www.bitband.com).
Callipso, Santa Ana, Calif., which provides VoIP services to telecommunications carriers and prepaid card providers (www.callipso.com).
DataPower Technology, Cambridge, Mass., which provides network infrastructure to improve XML performance and security (www.datapower.com).
Force10 Networks, Milpitas, Calif., which develops Gigabit and 10 Gigabit Ethernet switching and routing equipment for business (www.force10networks.com).
Ikanos Communications, Fremont, Calif., which develops silicon products for broadband communications over copper wiring (www.ikanos.com).
Nimcat Networks, Ottawa, Ontario, which provides embedded call processing software (www.nimcatnetworks.com).
P-Cube, Sunnyvale, Calif., which provides products that enable network access providers to bill based on services and applications used on their networks (www.p-cube.com).
Pedestal Networks, Fremont, Calif., which develops infrastructure to enable DSL over any local loop (www.pedestalnetworks.com).
Vonage, Edison, N.J., which provides voice-over-IP services (www.vonage.com).
Now in its 12th year, the Network Outlook conference examines strategies that can generate revenue and profit in a difficult market environment, and the technologies, services, and products that will enable carriers and enterprises to maximize the value of their networks. Topics at this year's conference included opportunities in residential broadband connections, regulatory changes and competitive issues that improve the prospects for new digital services by telecommunications companies and cable operators alike, and the increased adoption of IP telephony and other new enterprise technologies.
Keynote speakers at this year's event included David Culler, professor of computer science & director of Intel Research Berkeley at the University of California at Berkeley; Charles Ferguson, senior fellow at the Brookings Institution; Scott Jarus, president of J2 Global Communications; Cathy Martine, senior vice president of Internet Telephony at AT&T; Steven Mihaylo, chairman, president, CEO & founder of Inter-Tel; and Pradeep Sindhu, vice chairman, CTO & founder of Juniper Networks.
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