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PRESS RELEASE
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Satori Labs Selected to Present at Venture Capital Forum
Satori Labs selected by Women's Technology Cluster to Present to Over 50 Venture Capital Companies
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December 2, 2003--SCOTTS VALLEY, CA--Satori Labs, a technology company dedicated to developing a new class of time and information management tools that enable people to work more intuitively and effectively, today announced that they were one of five companies invited to present their business plan to over 50 venture capital companies and angel investors at the finale of the Women's Technology Cluster IT Venture Series. The goal of the IT Venture Series is to provide entrepreneurial companies the tools and resources necessary to take their high-growth ventures to the next level.
Selected from over 100 companies who applied for the program, Satori Labs is one of nine companies who received expert help in refining its business and funding strategies, insight into intellectual property issues and exposure to and feedback from leading Venture Capital firms. Five of these companies were selected to address the venture capital community on November 20, 2003 at the culmination of the IT Venture Series. Venture companies represented at the presentation included Sofinova Ventures, Sequoia Capital, Lightspeed Ventures, Nokia Innovent, Panasonic Ventures, and Hummer Winblad.
"The Women's Technology Cluster provides its companies with invaluable resources and insight into the VC world, including excellent professional contacts and sound business advice," stated Roy Feague, founder of Satori Labs. "I cannot say enough about the quality of the participants, the mentors, the sponsors and the WTC organization. The WTC provides tremendous benefits to its companies."
About The Women's Technology Cluster
The mission of the WTC is to provide a select group of early stage ventures, with women in their leadership teams, the resources, knowledge, and community they need to succeed. Their proven enterprise development model enables stable venture growth. Their trusted and personalized coaching provides experienced guidance for each management team. The WTC community fosters strong venture growth and leadership development as a result of increased opportunities combined with shared expense, risk and success modeling.
About Satori Labs
Founded in 2002 by key executives and engineers from Starfish, Inc., formerly a subsidiary of Motorola (NYSE: MOT), Satori Labs is a privately funded company dedicated to bringing together the power of digital information management and the elegant simplicity of pen & paper in a new class of tools which enable people to work more intuitively and effectively than ever before. Satori Labs' focus on excellence extends beyond its products to the quality of its employees, work environment and corporate ethics. The website can be found at http://www.satorilabs.com.
For More Information
For more information on Satori Labs and its products, please contact:
- Eric Ornas
- Vice President - Business Development
- Satori Labs, Inc.
- 5 Erba Lane, Suite E
- Scotts Valley, CA 95066
- 831/239-1096
- eornas@satorilabs.com
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