May 22, 2002
EXENT TECHNOLOGIES SELECTED TO PRESENT AT CAPITAL CONNECTION 2002 VENTURE CAPITAL FAIR.
Bethesda, Md., May 22, 2002 - Exent Technologies announced today
that the company was selected to present at Capital Connection 2002,
an event presented by the Mid-Atlantic Venture Association (MAVA).
Exent was selected from over 200 applicants to present in this prestigious
event limited to those organizations identified as leaders in the
region. Exent is the global leader providing streaming Application-on-Demand
(AOD) technology that gives consumer and corporate businesses the
ability to deliver software applications across the Internet or
corporate Intranet.
Exent’s CEO, Zvi Levgoren, will present the company at the
event at 10:00 a.m. on May 29th, to be held at the J.W. Marriott
in Washington, D.C. “Exent has been growing across the globe
at a great pace and I look forward to outlining our firm’s
current success, future plans and growth potential. I’m certain
that the members of MAVA will see that our approach to the Applications-on-Demand
market gives both consumer and corporate focused organizations a
great technology to provide desktop based programs at a low cost
and with significant revenue return.”
Exent’s current client list includes Bell Canada’s “GamesMania,”
and T-Online’s Vision Games-on-Demand ; Exent will be announcing
several new consumer and corporate Application Deployment and Management
(ADM) clients in the upcoming weeks when commercially available.
The companies that have been selected to present at Capital
Connection 2002, demonstrate that entrepreneurship continues to
thrive in the mid-Atlantic region," said John Burton, co-chairman
of Capital Connection 2002 and managing general partner at Updata
Venture Partners. "These companies represent some of the highest
quality and most experienced management teams in the region and
offer exciting investment opportunities."
About MAVA/Capital Connection 2002
Produced by the Mid-Atlantic Venture Association (MAVA), Capital
Connection 2002 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.
Founded in 1986, MAVA represents the collective interests and leverages
the success of venture capitalists investing in DC, Maryland and
Virginia. 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. More information at www.mava.org.
About Exent Technologies
Exent Technologies is the global leader in developing Applications-on-Demand
technology that delivers computer software programs over IP networks
for use in advanced telecom, broadband and enterprise services.
Its flagship product, the Exent EXEtender™ delivers any software
securely over the web or an enterprise network.
Major shareholders in the company are: New Enterprise Associates
(NEA), Temasek Holdings of Singapore, Concord Ventures, Geyser Business
Enterprise, America Online, Comcast, Singapore Telecommunications
(SingTel), and Bezeq (Israeli Telco). The company is headquartered
in Bethesda, Maryland and can be found online at www.exent.com
|
