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SOMERSET, N.J., March 31 /PRNewswire/ -- The Palace was the backdrop fortechnology's royalty last week when the New Jersey Technology Council (NJTC)crowned the "Best in Show" at the 2008 NJ Venture Conference.
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Newark-based NeuroTrax was named "Company Most Likely to Succeed" andSwitch2Health of New Brunswick took the prize for "Most InnovativeProduct/Service."
The annual daylong event drew a crowd of more than 500 entrepreneurs andinvestors looking for the next great deal and almost 60 companies from varioussectors including life sciences, IT, energy/environment, communications andentertainment ready to show off their innovative technologies.
"The most exciting part of this year's conference was that we showcasedbrand new, never-before-seen companies," said Maxine Ballen, president and CEOof the NJTC.
Two of the conferences returning exhibiting companies, TreadstoneTechnologies and Origin Biomed, both received venture funding as a directresult, they said, of their participation in the 2007 NJTC Venture Conference.
The NJTC Venture Conference is one of three premier financing events heldthroughout the Year. In addition to the trade show exhibition floor, attendeesheard from luncheon speaker Gary Rose of the New Jersey Office of EconomicDevelopment. A panel discussion about "how to become fundable" was alsoentertaining and informative.
"This is the event I look forward to all year long because the exhibitingcompanies and the investors who come out to see them are a testament to theNJTC's work," she said. "We strive to create a business climate wheretechnology can flourish and the Venture Conference is a day when we are ableto see the fruits of our labor as a major supporter of the technologycommunity."
Exhibiting companies were offered the opportunity to meet with venturecapitalists and bankers in private sessions. Many companies also tookadvantage of the option to make extended "elevator presentations" to anaudience of financiers.
The 2008 NJTC Venture Conference exhibiting companies are: Agilence Inc.,AlfaGene BioScience, Inc., Angel Medical Systems, Inc., Apex IT Group, AptronCorporation, Attila Technologies LLC, automoti.com, Bakto NaturalPerservatices, LLC, BeeDrive Technologies LLC, Binary Tree Inc., Camlink,Countervail Corporation, Dynamic Mobile Data, Inc., EggZack.com LLC, E.G.Technology Corp., ekkoTV, Inc, Element ID, Inc., ePlans inc., FeedbackFX,Freedom-2, Inc., Gaw Associates, Germgard Lighting LLC, Giant Realm,GrantAdler Corporation, hField Technologies, Inc., igolgi inc., IndustrySuiteLLC, iReminder, LLC, Medit Corporation, MET Tech, Inc., MI Secure, LLC,MicroFluor, LLC, Mycelium Holdings LLC, NAYATEK, Netronix, Inc., NeuroTraxCorporation, Origin BioMed Inc., Orthobond Corporation, OVVO FinancialSystems, Pretty Brook Productions, Re-Manufacturing Technologies, Inc., RemixEnergy, LLC, rVibe, SensiGen, LLC, Simplicato, Inc., SiteAcuity, LLC, SmartGenetics, LLC, Step-X, Sorella Media, LLC, Stevens Proof of Concept (SPOC)Inc., SURFsquared, Switch2Health Corp., Synapsis Technology, Inc., The TalkMarket, LLC, TreadStone Technologies, Inc., Triad Biometrics LLC, XylosCorporation and Zoomnia.
At the culmination of the conference, the Best in Show award winners wereannounced. The 2008 NJTC Venture Conference Award Winners are:
The NJTC is a membership organization dedicated to supporting technologycompani
