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| May 17, 2005 01:00 PM EDT | Reads: |
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LOS ANGELES, CA -- (MARKET WIRE) -- 05/17/05 -- Userplane, the leading provider of live community software, today announced that it has been chosen to present at Under the Radar(TM) | Consumer Technologies, a one-day event that will take place on May 31 at the Microsoft campus in Mountain View, Calif.
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 32 companies selected have received less than two rounds of funding. Userplane was handpicked by the IBDNetwork editorial team and Under the Radar advisory board, based on its review of more than 300 companies in the space.
Many respected venture capital firms -- among them 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 the investment bank Rutberg & Co., are among those serving as event moderators.
"We're delighted to be among the participants at this cutting-edge entrepreneurial event," said Michael Jones, co-founder and CEO of Userplane. "Our company is growing rapidly, and our recent addition of instant-installation software enables consumers of all types to take advantage of our product line. The future of the web clearly will include live presence and communication -- currently we support nearly one million communication sessions a day, and we're working to substantially expand our reach."
"Under the Radar gives emerging private companies that have less than two rounds of funding an opportunity to 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 Userplane based on its promising technology and compelling market opportunity."
Userplane has emerged as a pioneer in developing innovative social software for online communities. Leveraging Macromedia's robust Flash Communication Server technology, Userplane applications enable community, dating, corporate and collaborative websites to rapidly deploy a scalable, audio and video enabled chat room for their users. Userplane currently enables core, must-have features to thriving community websites such as Friendster and Date.com. Userplane Webrecorder enables users to record and share A/V messages. Userplane Webmessenger provides live text and A/V instant messaging. Userplane Webchat delivers full-featured, multi-room, multi-user text and A/V chatting.
All applications are easily and seamlessly integrated with existing user databases, login systems, and buddy lists through fast and simple XML and any web scripting language. Userplane recently expanded the market reach of its chat application by releasing Instant Webchat. Sites can cut and paste a simple script and place the multi-user, multi-room, audio/video application onto any web page.
About Userplane
Userplane is the premier provider of enterprise social software for online communities. Userplane Apps are easy to use, rapidly deployed Flash web applications that support live text and A/V communication. Each Userplane App adds core, must-have features to thriving community websites. Deployed internationally on sites ranging from online dating to social networks to intranets, Userplane Apps reach millions of users in more than fifteen countries. Userplane dramatically increases online interaction and improves guest-to-member conversion. Recent clients include: Date.com, Friendster, Honda, and Red Bull.
Note to editors: High-resolution Web or print Userplane Application screenshots are available at http://www.userplane.com/partner/press.cfm
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.
Media Contact:
Ken Greenberg
Edge Communications, Inc.
818/719-9292
ken@edgepress.com
Julia French
Lewis PR
415/277-5400
juliaf@lewispr.com
Published May 17, 2005 Reads 142
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