Press Release

Contact: Robert Albright
Council for Entrepreneurial Development
ralbright@cednc.org

Phone: 919-549-7500 ext.123
FAX: 919-549-7405
www.cednc.org

CED Accepting Demo Applications for InfoTech 2003

Application Deadline July 11

June 12, 2003, Research Triangle Park, NC - The Council for Entrepreneurial Development (CED) is now accepting technology demo applications for InfoTech 2003, which will showcase innovative information technology from North Carolina-based entrepreneurial companies, University spin-outs, IT corporations and local research institutions. The demo application deadline is July 11.

Scheduled for Oct. 27 at the RTP's Sheraton Imperial Hotel and Convention Center, InfoTech 2003 presents an opportunity to display technology to investors, national and regional media, potential strategic partners and IT professionals. CED is presenting the conference with support from UNC-Chapel Hill's Kenan-Flagler Business School, MCNC and TiE-Carolinas.

Demo applications are now available online at www.cednc.org/conferences/infotech/2003/demos. Demo exhibit selection will be based on level of innovation, current/potential market application and “demo-ability.” CED is recruiting demo participants from area universities, research institutions, major IT corporations, individual entrepreneurs and entrepreneurial companies at any stage or size.

Jeff Barber, managing director of PricewaterhouseCoopers in Raleigh and co-chair of InfoTech 2003, said the conference would demonstrate the strengths of the area's IT community.

“With its infrastructure and innovation-based economy, North Carolina fosters a vibrant information technology community.” Barber said. “Building on that strength, InfoTech 2003 will provide knowledge and access to the area's strong IT environment.”

Kevin Flynn, co-chair of the demo selection committee and an attorney with Daniels Daniels & Verdonik, P.A., said InfoTech 2003 provided an excellent opportunity to present technology.

“This year more than ever the focus will be on the technology, not the management team, nor the estimate of the number of months to profitability,” Flynn said. “The demo room is for people that love new IT technology, not a place for business plan pitches.”

Information on technology demos from last year's InfoTech conference is available online at www.cednc.org/conferences/infotech/2002/demos. Perry Smith, president of AIMSCO, a Durham-based provider of collaborative manufacturing management solutions, said his company benefited greatly from participating in last year's InfoTech 2002.

“Not only was this an ideal opportunity to showcase our technology for the local community, the recognition has also been extremely powerful in our direct selling message to national and global customers, who recognize the unique strengths of the area served by the CED and the corresponding magnitude of this honor,” Smith said.

In addition to company demos, the conference will also feature speakers and panel discussion on key issues such as brand building, government relations and IT financial markets. Visit www.cednc.org/infotech for more details on InfoTech 2003.

About CED: The Council for Entrepreneurial Development, located in Research Triangle Park, NC, is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and monthly programs on entrepreneurial management and finance. CED is the largest entrepreneurial support organization in the nation with more than 4,000 members representing 1,100 entrepreneurial companies, financiers and professional firms. www.cednc.org

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