Bio-Life-Tech 2008

Bio-Life-Tech 2008

Bio-Life-Tech 2008


New Year Resolution: Never let a Good Opportunity slip by!


Attend the 2009 Early Stage East Conference

The Exclusive Venture Capital Showcase for Promising Young Companies


When: June 9th & 10th

Where: Hotel DuPont,

 Wilmington, Delaware

Early Stage East®, the Early Stage East acorn logo®, Bio-Life-Tech™ & From Vision to Value ™ are registered trademarks.

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Bio-Life-Tech 2008

Bio-Life-Tech 2008

Presenters, sponsors and attendees at Bio-Life-Tech 2008 were all praise for the event held on December 9th and 10th, 2008 at the Pier 5 Hotel at Baltimore. Here is what some of them had to say about Bio-Life-Tech 2008...




“Thank you for organizing the Biotech meeting ... I enjoyed the event and it was very productive. This is the fourth investor event I presented in the past year. The quality of investor leads was excellent. I had the most interest at this event. The event was vey well organized and informative throughout the day.”


Rob Loiterman

CEO, GrantAdler Corporation




“As a proud supporter, sponsor and attendee of Bio-Life-Tech 2008, we were provided unparalleled access to leading life sciences entrepreneurs and their companies in an intimate setting. The fact that Bio-life-

Rob Loiterman, CEO, GrantAdler Corporation, explains the workings of the ‘Universal Vascular Access Products’ manufactured by them that provide access for Dialysis and Chemotherapy, at their booth

Tech brought together companies from DC, MD, PA, NJ and DE, offered our dedicated industry professionals the opportunity to expand their reach and visibility, unlike other conferences.”


Nick Araco, Jr., Esq.

RSM McGladrey, Inc.




“I wanted to thank you for the gracious hospitality to me and Performance Technology Group at…(the) 2008 Bio-Life-Tech Venture Capital Conference… in addition to the opportunity to meet and network with some great new folks, I learned a whole lot about Early Stage East, Baltimore Emerging Technology Centers, the entrepreneurs and the organizations who fund and service them to enable growth and success. The event was top shelf.”


Tom McDonough

Account Development Manager, Performance Technology Group

January 2009

Early Stage East

Three Mill Road, Suite 201A Wilmington, DE 19806

Tel: 302 777 2460

Email: [email protected]

Two Early Stage East 2008 Presenting Companies Get Funded!

Maverick Network Solutions is poised for an aggressive expansion plan that includes quadru­pling its workforce from 5 to 20 by the end of 2009. This was triggered by a first-round venture-capital investment of $1.5 million in late 2008, led by Innovation Ventures, LP, with offices in Wilmington, DE and Lancaster, PA and Emerald Stage2 Ventures. The other participants in this round of financing were Robin Hood Ventures, Trestle Ventures and The Delaware Economic Development Office, that contributed $500,000 to the investment round  through its emerging technologies pre-venture fund, which targets startups with rapid growth potential. As a result of this financing, David J. Freschman of Innovation Ventures and Saul Richter of Emerald Stage2 Ventures have joined the Board of Directors.


Maverick provides advanced payment solutions including private label debit cards, prepaid corporate gift cards and employee incentive cards to corporations that help reduce costs and increase revenues. Maverick provides corporate clients with access to the national bank card networks and is a certified Level I PCI –DSS card processor, ensuring the highest level of security for corporations and consumers. 


“Maverick is extremely pleased to be receiving this capital injection”, said Jim Shanahan, founder and CEO. “The fact that our payment products are designed to help companies reduce costs and increase efficiencies is definitely a plus in these difficult economic times.”  Shanahan, one of four payment industry veterans who started Maverick in 2006, said the company is looking to take advantage of developments in the industry that have expanded access to card networks and allowed for new types of payment technologies.


"We think it's a real game changer to be able to offer consumers an alternative debit card through the merchants," he said.


“The market opportunity for prepaid cards is enormous as companies continue to find new uses for prepaid cards.  Delaware is well positioned to dominate prepaid card industry just as it did the credit card industry. We look forward to working with Maverick as it continues to grow,” said David Freschman, Managing Principal of Innovation Ventures.


New York-based internet video start-up company,, also announced on November 25, 2008 that it had raised $750,000. The round of funding was led by Innovation Ventures, LP with participation from previous investors, RoseTech Ventures, NextStage Capital and Ogden Capital. This comes after the company secured a $1.2m seed funding round in February 2007. David J. Freschman of Innovation Ventures will join the Board of Directors.


The company provides a video publishing platform, and allows website publishers establish video channels for their sites. Magnify’s clients include Taste of Home Magazine, which uses Magnify to power its Web video site. All told, almost 47,000 sites use Magnify. is service to add video to Web sites, including:


· Videos you make and host with Magnify

· Videos from around the Web (YouTube, Hulu, Howcast, etc.) that you embed via Magnify’s back-end

· Videos that your users submit and host with Magnify CEO Steve Rosenbaum says, “ "As a video aggregation player - we're the first in the market. We think that being able to find, curate,

and present video from multiple sources is a powerful new way  to increase page views and therefore revenue." offers three tiers of service on their video platform: free, professional and enterprise-level service. Magnify self-reports 46,000 web publishers using their video platform. In Sept­ember, 2008 Magnify launched their MVP video player. has about ten employees and aims to be cash flow break-even next year on about $1 million of revenue. It’ll use the money to keep building its Web video service, potentially expanding its sales department.


Both and Maverick Network Solutions presented at the 2008 Early Stage East Conference which bears testimony to the quality of young startups that are chosen to present and the excellent  investor leads that the event offers.















Testimonials: Bio-Life-Tech, December  9th & 10th, 2008