MAAVC Conference


Midwest Association of Angel and Venture Capital

 April 26, 2006 - Minneapolis, MN
Home
Register
Agenda
Hotel Info
Sponsor
Media
MNVCC
Past MAAVCs
Contact Us

Hosted by

Sponsors

Exhibitors

For sponsorship information, send an email to matt@maavc.com.

April 26, 2006 Conference Speaker Profiles
Risdall Conference Center
550 Main Street, New Brighton, MN  55112
 

 

April 26, 2006
Speaker Profiles

Gary Anderson, CEO, Netbriefings (MN) - The opportunity in the overall web conferencing market is immense. Netbriefings has been a player in this market since 2000.  It knows the market and has a solid foothold as a preferred vendor. The Company has developed proprietary software tools. It plays in both the collaborative and broadcast segments, but differentiates at the high end with large, broadcast-style webcasts where profit margins are more attractive. 
Netbriefings has an impressive list of repetitive customers, such as AOL, Ecolab, Lawson Software, Navigation Technologies, Ohio National and Sopheon. The Company’s financials are strong. Revenues have been increasing right along with the web conferencing market. Netbriefings has been cash flow positive since 2004 and continues to be profitable.  The Company’s strategy to take advantage of this market opportunity involves select acquisitions of smaller teleconference firms that do not have the full suite of offerings in the web conferencing arena to service their customer base.  By acquiring these companies, Netbriefings drives rapid revenue growth and has a larger customer base to resell its high-end, large broadcast style webcasting services.  It also increases the value of the teleconference revenue, since those firms have a multiplier of .5 to 1 times their revenue while web conferencing firms serving Netbriefings’ market have a multiplier of 3 to 5 times or more their revenue.

Greg Backlund, CEO, SuperProtection (MN) - SuperProtection, Inc. (SPI) is poised for rapid growth by defining and dominating specialty retail markets using breakthrough proprietary technology.  SPI has secured a North American exclusive license for the use of patented SuperFabric® brand material in large consumer markets, with immediate opportunities to expand into additional national and global segments.
SPI’s comfortable, washable, high-tech SafeGrasp® brand gloves and other apparel protect users from many types of hazards, and they have earned an enthusiastic customer following and numerous product recognition awards and recommendations.  They offer protection, durability, comfort and rugged good looks unmatched by any other existing products. SPI has established rapidly growing sales in this market. The company also markets lines of high-performance designer cleaning pads and cloths made with SuperFabric® technology.  SPI expects to build to over $20,000,000 in annual revenues by 2011, and plans to reach profitability in 2007. With additional national and global expansions, $50,000,000 in revenue is readily attainable. SPI has already established sales with over 500 retail stores, selling directly or through distributors including Amazon.com, Ace Hardware, True Value Hardware, and SuperValu. The Chairman of Sharper Image recently contacted SPI to request samples, and the major U.S. retail chains will approached next.  An experienced management and advisory team is in place, led by Chairman Rick Jahnke, former CEO of CNS Breathe Rite. The exit strategy is a sale to a larger consumer-products company within three to seven years. SPI will raise $2,500,000 over the next two years to fund the rapid growth phase.

John Biondi, COO, Lucigen (WI) - Lucigen Corporation is in the business of discovering and commercializing high-value enzymes for biofuels by utilizing the power of its proprietary technical platform to selectively mine novel microbes from previously uncloned, and therefore, untapped genetic material.  
The Company’s competitive advantage comes from its unique ability to clone genes and entire genomes previously considered to be unclonable and to do so from as little as one cell.  Lucigen has been applying this technology to access the genomes of rare microbes for novel, high performance enzymes that have selected attributes ideal for improving the production of ethanol from a variety of feedstocks.  Lucigen is developing a series of enzymes projected to improve the efficiency of corn ethanol production between 10-15% with no additional requirements for plant or equipment.  Also as part of its biofuels initiative, Lucigen is developing enzymes that will, for the first time, convert soy meal carbohydrate to ethanol while leaving the valuable soy protein undisturbed. 

Brian Gramer, CEO, Vtrenz (ND) - Vtrenz is the industry leader in on-demand marketing automation software.  Built specifically for the marketing professional, Vtrenz iMarketing Automation makes it easy to analyze, plan, build, execute and measure your complete marketing portfolio - all without the IT bottleneck.

More powerful than email marketing and a better ROI than CRM, Vtrenz provides superior marketing results.

John Griffin, CEO, Gruby Technologies (MN/ND) - Gruby Technologies Inc., a privately-held, emerging-growth Company, is the leader in on-demand real-time locating solutions for healthcare.

Gruby Technologies’ C-Freedom software delivers real-time location, collaborative, and business intelligence applications designed with specific healthcare environments in mind.  These on-demand applications deliver returns on investment within one year by improving utilization of assets, staff productivity, patient and staff safety, and patient satisfaction.  Gruby Technologies' vision is to be the leader in utilizing real-time information to deliver dramatic improvements in staff productivity, patient safety, and operational cost savings.

Tom Ingolia, CEO, Medisyn Technologies (MN) - Medisyn is a biotechnology company with recently proven technology with exceptional promise.  The technology, a lead identification modeling capability based on novel mathematical topology-based programs, is ready for application and needs no further development. 
Recent proof-of-concept studies with several different partners have produced extraordinary results, with novel lead compounds discovered in each case.  Examination of the technology by several experts has led to the unanimous conclusion that the technology is unique, well-grounded, and has outstanding potential.  In order to exploit the technology, Medisyn is seeking funds to create a portfolio of drug candidates.  Because the methods are efficient and inexpensive, Medisyn can create a valuable portfolio of pre-clinical-stage leads without incurring high expenses or overhead. 

Mark Kiefer, CEO, OneMoreBid (MN) -  
 

 

Michael Murphy, VP, Bancmetrics (MN) - Bancmetrics provides Internet-based software tools for fixed-income brokers and dealers. The core product is the Bancmetrics portfolio accounting system that was started in July 2002 as a division of a banking software enterprise. 
The company was purchased in 2003 by COR-IBS, Inc. a software developer focusing on financial institutions.  The current management team purchased the company from COR-IBS in January of 2005.  Portfolio Analysis Systems, Inc. achieved profitability in the first quarter after that acquisition.  The Company currently has alliances with 13 broker dealers throughout the United States and Canada, processing over 100 investment portfolios for financial institutions. Bancmetrics has achieved a 37% annual revenue growth since the management repurchase.   With Bancmetrics client base representing the banking industry (53%), thrift industry (11%) and credit unions (27%), the company has met the initial goal of establishing its presence within the financial institution market place.  Bancmetrics is embarking upon the next step of its business plan, the development of a suite of products designed to focus on fixed income analysis and sales support designed for the small to mid-sized broker dealer market. Being one of the few independent third party portfolio accounting services available to the financial institution market, Bancmetrics feels that it is in a unique position to leverage off its established client base to expand and penetrate deeper into the target market.

Dale Nugent, CEO, RivaTek (MN) - RivaTek is a technology company solving emerging process control equipment needs. The company has developed, and patented a core technology with significant benefits to processing companies across a wide variety of applications, including: biotechnology, food processing, specialty chemicals, pharmaceutical manufacturing and semiconductor fabrication.

RivaTek’s first product using this technology – the VFC-370™ – delivers pressure, temperature and flow measurements, and controls the flow rate of critical process liquids. It is an enhancement to the differential pressure flow measurement technique - the leading methodology applied for the most frequently controlled variable in process settings.  RivaTek’s experienced management is backed by a strong team of directors and advisors.  The company has achieved first revenues and has a rapidly expanding sales pipeline including key semiconductor equipment manufacturers, as well as chip fabricators.  RivaTek’s mission is to continue to develop innovative process control technologies, leading to products with high potential for growth and value across a diversified industry base.

Richard Rotondo, CEO, Mediscovery (MN)   - Mediscovery has the highest productivity to expense ratio in the pharmaceutical Industry. In little over three years, and with less than $200,000, Mediscovery has developed two  anticancer medicines, Cancure™ and Cancurol™.

Both medicines have been validated by the US National Cancer Institute as having activity against all types of cancer – thereby reducing its comprehensive developmental costs. These anticancer medicines are perceived to have the highest therapeutic index possible. Mediscovery is now focusing on accelerating human clinical studies for these two anticancer medicines, Cancure™ and Cancurol™.  In one month, Mediscovery has identified a series of anti-influenza medicines. One of which is expected to be approved within a year because of its lack of toxicities. Mediscovery has also reached terms to license its anti bird flu vaccine, Med-vac™ to a major veterinary products supplier.  Mediscovery is a pharmaceutical engineering company that is moving forward with a unique and proprietary fourth generation software technology that has been validated internationally as being the most accurate pharmaceutical engineering software technology in the world. This proprietary technology is based on state of the art mathematical topology-based programs developed independently at the University of Spain, Valencia. Mediscovery has recently reached terms to license the exclusive rights to this unique fourth generation software technology.  Peer-reviewed, proof-of-concept, laboratory validated studies have produced extraordinary results, with novel lead compounds discovered in each case for a wide variety of diseases from cancer, to tuberculosis, to malaria, to HIV (AIDS).  And with nearly sixty peer-reviewed, published in less than four years, has led to the unanimous conclusion among established experts that the Mediscovery technology is unique and is superior to all other pharmaceutical engineering software technologies.  Mediscovery has created a valuable portfolio of nearly twenty pre-clinical-stage leads. 

Join the email list. Enter your email address in the box below.  Get updates on the event, the investors and the entrepreneurs!
subscribe unsubscribe

For sponsorship information, send an email to matt@maavc.com.

 
© Copyright, 1998-2007 by NetSuds.com, Inc.  All Rights Reserved.  Permission to reprint is granted for non-commercial purposes.

 * All Registration Payments are Final and Non-refundable.  NetSuds makes every effort to ensure that listed speakers and program will occur as presented.  There are circumstances where speakers may not be able to participate as planned.  In that case, NetSuds will make efforts to replace listed speakers.