Leading developer of digital home entertainment and automation software selected as one of the most promising early-stage consumer technology companies.
Houston, TX — May 12, 2005– Meedio (http://meedio.com) today announced that it has been chosen to present at Under the Radar | Consumer Technologies, a one-day event that will take place on May 31, 2005 at the Microsoft campus in Mountain View, CA.
Under the Radar will showcase technology’s early innovators in several fast-growing sectors in the consumer space including search, podcasting, blogging, RSS, music search and distribution, digital content storage, and social networking software. All of the 32 companies selected have received less than two rounds of funding.
Many well-respected venture capital firms such as Allegis Capital, August Capital, Charles River Ventures, Intel Capital, JPMorgan Partners, Morganthaler Ventures, and Walden VC will participate in Under the Radar. Industry luminaries such as Rafe Needleman, editor of “Business Buying Advice” for CNET Networks, and Rajeev Chand, director of research at Rutberg & Co., the investment bank, are among the speakers who will moderate the event.
Meedio was handpicked by the IBDNetwork editorial team and Under the Radar advisory board based on its review of over 300 companies in this space.
Meedio’s digital home entertainment and automation software is built on a robust open toolkit which enables partners, developers, installers and end-users to customize, extend, and integrate the platform with very little effort. To date, over 200 third-party plugins and extensions have been developed to provide innovative new features through Meedio’s “ten foot” graphical interface.
“We are proud to have been selected by IBDNetwork over so many other companies” said Alan Cheslow, Vice President of Marketing for Meedio. “This invitation serves as yet one more confirmation that Meedio is recognized as a leader in our industry.”
“Under the Radar gives emerging private companies that have less than two rounds of funding an opportunity to present and receive feedback on their technology and business model from investors and potential strategic partners in a unique, interactive format,” said Alison Murdock, president of IBDNetwork. “Our advisory board of VCs and executives from leading technology and service firms evaluated more than 300 early-stage companies and selected Meedio based on its promising technology and compelling market opportunity.”
About Meedio – www.meedio.com
Headquartered in Houston, Texas, Meedio develops innovative software for digital home entertainment and automation systems. Meedio provides a robust middleware platform, a suite of plug-in applications, a customizable user interface, and an extensible media library. Meedio sells direct to consumers, and through installers and OEM system builders who create complete digital home solutions built on Meedio software.
About IBDNetwork – www.ibdnetwork.com
Founded in September of 1999, IBDNetwork is the first membership-based organization to accelerate dealmaking. IBDNetwork explores the business side of technology through events and newsletters that cover the latest innovative technologies, partnerships, company growth, business models, and investment strategies. IBDNetwork’s community is comprised of VCs, CEOs, and VPs of business and corporate development from both private and public companies — typically the company “forecasters” that need to understand new market opportunities and trends to help plan their companies’ strategic initiatives.
About Under the Radar – www.ibdnetwork.com/events/UTRMay05.php3
Under the Radar began as an evening networking event in April 2003. After 18 months of sold-out events, IBDNetwork, urged by the VC and M&A professionals in its network, created a full-day event: effectively a one-stop shop to evaluate and explore new business opportunities, partnerships, potential investments, and trends in several technology sectors. Under the Radar’s sponsors include Acteva, Comerica Bank, Intel Capital, LEWIS PR, Perkins Coie, and UK Trade & Investment.
Contact:
Alan Cheslow
VP of Marketing for Meedio
(877) 633-3461 x704
press@meedio.com
http://www.meedio.com/press
Julia French
LEWIS PR for IBDNetwork
(415) 277-5400
juliaf@lewispr.com
