[September 16, 2010]

Investorfest Media Announces Finalists for MobiTechFest Americas 2010

Investorfest Media announced today that it has received a record number of submissions for its MobiTechFest Americas conference on September 21, 2010 in San Francisco, CA (News - Alert). Leading investors and executives with active focus on the mobile and wireless sector will hear directly from 12 innovators with a broad range of offerings in mobile entertainment, mobile payments, content, mobile enterprise applications and platforms and wireless health.

Attendees will also be privileged to hear a panel of top-tier investors discuss fund-raising strategies over lunch, moderated by Eric K Ferraro, Partner with Bullivant|Houser|Bailey. The panel will include Sanjay Subhedar from Storm Ventures (News - Alert), Ajay Chopra from Trinity Ventures and Bruce Taragin of Blumberg Capital.

"MobiTechFest received a record number of submissions this year, proving there's no recession for innovation, and perhaps even that challenging economic times actually fuel innovation," said Gopan Madathil, founder and president of Investorfest Media, the producer of MobiTechFest Americas and MobiTechFest Europe. "The unique setting provided by MobiTechFest gives the entrepreneur a chance to meet, network and interact with qualified investors throughout the day at the conference."

MobiTechFest's unique approach foregoes the large numbers format of many investment conferences for quality presentation time and healthy Q&A sessions, with advanced coaching, preparatin and practice opportunities. The event provides an unfettered opportunity for networking between key investors, start-up executives, wireless service provider executives seeking new innovation, and mobile/wireless industry professionals and industry analysts over breakfast, breaks and during a post-conference wine-tasting, sponsored this year by Landmark Winery.

The 12 companies selected to present at MobiTechFest seek a range of funding-seed, first institutional round, additional funding, Series-A and B rounds-from $1.0 to 10.0 million for development, manufacturing, launch, acceleration or expansion. The winner of the conference will be selected by the investor judges and the winner will receive an exhibit package valued at $25,000 from CTIA (News - Alert) and Bullivant|Houser|Bailey.

Companies presenting at next week's MobiTechFest venture conference are:

• AFK Interactive, based in Raleigh, NC, develops a platform for easily building mobile apps for in-game, real-time connections to MMOGs, virtual worlds and other online social communities and is seeking $2M in Series-A round.
• aisle411 allows consumers to find and map products in retail stores and then rewards users through social gaming and digital offers, is seeking $800K in a $2.5MM round.
• Ciqual, based in Edinburgh, Scotland is a mobile customer care company seeking $5M in series B funding.
• Footfeed, based in Silicon Valley, is a white label location-based multi check-in platform for brands and enterprise customers and is seeking $500k in a seed round.
• Netdimension, based in Japan is a high-end authoring application for mobile 3D consumers and manufacturers, and is seeking $8M to for their global expansion
• Twicketer, based in Washington D.C., is the only mobile ticketing and coupon solution that does not require scanning hardware and is seeking $2.0M in seed funding.
• Phonehalo, based in San Diego, CA is an "Onstar" for belongings and is seeking seed funding of $500,000.
• POldo, based in Moscow, Russia is a Location based advertizing platform and is seeking an institutional round of up to $2M to launch its platform globally.
• SeePort, based in San Francisco, Ca is a mobile to home video solutions company and is seeking $750,000 in Seed Funding.
• Wildcard Network, based in San Diego, CA is a smart phone based instant e-gifting solution provider and is seeking $3M (News - Alert) in Series-A funding.
• WiHai, based in Fremont CA, has a patent-pending technology for mobile health monitoring and is seeking $7M in series-A funding.
• Vyycore, located in Santa Clara, CA / R&D Center based in Israel ,a fables design startup for Predistorter and Power Amplifier Solutions for handset market,seeking $3M in Series-B round.

Entrepreneurs and technology executives are encouraged to attend this conference, even if they are not presenting. Over 25 investors from leading venture firms will be in attendance at MobiTechFest 2010. Participating investors have the "high-touch" setting provides the perfect to make that critical connection to help you accelerate your fundraising efforts.

MobiTechFest 2010's major sponsors include the law firm of Bullivant|Houser|Bailey, Armanino McKenna LLP, Business Wire, Pride Industries and Microsoft (News - Alert). Prior Investorfest events have raised more than US$250 million for 64 entrepreneurs out of the 80+ that have presented at conferences organized by Investorfest Media.

About MobiTechFest Americas and Investorfest Media

MobiTechFest™ is a part of the Investorfest™ series of events produced by Investorfest Media, a leading producer of early stage venture conferences focused on the mobile/wireless and life sciences industries. Since the organization's first conference in August, 2006, more than 80 companies have been featured, 464 of which have received funding totaling US$250 million. For more information and to register for MobiTechFest 2010, visit http://www.mobitechfest.com.

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