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Press Release


April 16, 2004

Nancy Carig
Dana Kaess
Early Stage East
[email protected]


Wilmington, Delaware – Early Stage East has announced the 28 companies that will be featured at Early Stage East 2004.

The companies are:

Advanced Fibers & Powders is a manufacturing company in Collegeville, PA founded in 2001.

Apollo Telemedicine, Inc. is a medical technology company in Falls Church, VA founded in 1993.

Aviom, Inc. is a audio distribution equipment company in West Chester, PA founded in 2001.

axonX LLC is a fire detection technology company in Baltimore, MD founded in 2002.

Bridge Semiconductor Corporation is a semiconductor company in Pittsburgh, PA founded in 1997.

Burren Pharmaceuticals, Inc. is a therapeutics company in Kulpsville, PA founded in 2003.

Digital Amplifier Company is a semiconductor company in Furlong, PA founded in 1996.

ECHIP, Inc. is a software and training company in Hockessin, DE founded in 1983.

ElderLife Financial LLC is a financial services company in Washington, D.C. founded in 2000.

End II End Communications, Inc. is a software company in Charlotte, NC founded in 2001.

GateChange Technologies, Inc. is a semiconductor company in Bethlehem, PA founded in 2001.

GlucoLight Corporation is a Devices glucose monitoring devices company in Bethlehem, PA founded in 2003.

Hanson Technologies, Inc. is a sensor and resonator company in Carlisle, PA founded in 2003.

IntelEvent.com is an event industry software company in Monterey, CA founded in 1998.

IPR International, LLC is a computer technology company in Conshohocken, PA founded in 2002.

Koolspan, Inc is a security solutions company in North Bethesda, MD founded in 2002.

Life Mist L.L.C. is an industrial and environmental company in Morrisville, PA founded in 2001.

MedAvante is a medical/biotechnology company in Princeton, NJ founded in 2002.

Probaris Technologies, Inc. is a computer technology company in Philadelphia, PA founded in 1999.

QuantumBio, Inc. is a proteomics company in State College, PA founded in 2002.

Ranch Networks is a security and data networking company in Morganville, NJ founded in 2000.

Salar, Inc. is a software company in Baltimore, MD founded in 1999.

Sweetskinz Inc. is a sports equipment company in Philadelphia, PA founded in 1999.

Tagnetics, Inc. is a hardware and software electronic shelf label systems company in Dayton, OH founded in 2003.

Thor Power Corporation is an industrial electric tools company in Bethlehem, PA founded in 2002.

Vapps, LLC is an audio conferencing company in New York, NY founded in 2002.

Each of these companies will make a seven-minute presentation on Tuesday, May 11th to an audience of investors which typically represent over $10 billion of institutional funding at the Bank One Center on the Riverfront. The companies will also exhibit their investment opportunities in the exhibit hall at the event.

On Monday, May 10th, the entrepreneurs presenting at the Conference will participate in Early Stage East’s entrepreneurial education session, “Building a Great Business.” That evening, all attendees will gather at the Hotel duPont’s Gold Ballroom for the Opening VIP Reception and later, at the Post Reception Gathering at Deep Blue Bar and Grill.

Over 500 attendees visit the Early Stage East Conference every year in Wilmington. Attendees come from the Carolinas through New England, making Early Stage East the geographically largest venture conference developed specifically for early stage companies.

To date, the companies that have participated in Early Stage East venture capital conferences have gone on to raise over $560 million in institutional business funding. Companies that wish to sponsor Early Stage East 2004 can contact the Early Stage East office at 302-777-2460 or [email protected]

Early Stage East will also be holding the Bio-Life-Tech Conference in Baltimore, Maryland on October 12th and 13th. The Bio-Life-Tech Conference will feature over 30 innovative companies seeking institutional venture capital. These select companies will come from the biotechnology, nanotechnology, life science, and pharmaceutical industries and the related fields. Bio-Life-Tech attracts companies to present and exhibit their unique, break-away businesses to investors who specialize in the early-stage financing of companies in their specific industries.

About Early Stage East

Early Stage East's mission is to serve as a gathering place for entrepreneurs and those organizations funding and servicing them in order to enable them to grow and succeed. Early Stage East (ESE) was founded in 1998 as a nonprofit organization and has grown from a single-day venture capital conference to a year-round series of events. ESE events develop entrepreneurs from up and down the East Coast in order for them to successfully obtain venture capital and successfully start break-away businesses.

Early Stage East provides both education and networking opportunities for entrepreneurs, venture capitalists, investors and service providers. For more information on Early Stage East, call 302-777-2460 or visit www.earlystageeast.org.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current plans and expectations of Early Stage East(ESE) and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. ESE assumes no obligation to update any forward-looking statement. The use of the Hotel duPont by ESE does not imply endorsement of any ESE event nor ESE sponsoring organizations by the Hotel duPont.


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