AV Labs Announces Mike Rovner as Principal; Experienced Marketing and Business Development Executive Joins AV Labs.Business Editors & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--Sept. 25, 2000 AV Labs, the venture accelerator accelerator: see particle accelerator. (1) A key combination such as Alt-G or Ctrl-Shift H that is used to activate a task. (2) An incubator that expects to develop the company considerably faster than normal. See incubator. based in Austin, Texas, announced today that Michael Rovner has joined the firm as an investment principal. Rovner is a seasoned marketing and business development executive that will be active in the recruitment and management of the Labs' portfolio companies. Prior to joining AV Labs, Rovner led business development activities, including mergers and acquisitions, for NetIQ (Nasdaq:NTIQ), a leading supplier of systems and application management software. He brings extensive business development, marketing, and strategy building experience to AV Labs and its portfolio companies. As a principal, Rovner will be actively engaged in recruiting and managing investments for AV Labs. He will be responsible for guiding companies through the AV Labs acceleration process -- aiding companies in market positioning, business model development, financing strategy, and the other value increasing services the Labs offers. "As an accelerator venture fund, AV Labs offers a unique opportunity to accelerate today's hottest startups through the most critical phases of their market validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. and business model development," Rovner said. "I am thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to be joining AV Labs' dynamic, one-of-a-kind team, and I look forward to working closely with our portfolio companies." "Mike is an outstanding addition to the team, and further rounds out the skill set available to our portfolio companies" said Rob Adams, managing director of AV Labs. "His skills and experience complement those of our Venture Fellows and add to the broad offering of value increasing services and resources we deliver to our portfolio." About AV Labs AV Labs is an early stage venture fund focused on seed and first round investments in Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the companies delivering B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business , applications and infrastructure products and services through the Internet. AV Labs focuses on companies where the differentiation AV Labs delivers -- executive operating talent and experienced entrepreneurs -- make a significant difference in a company's time to market. The firm can be reached through its Web site at www.avlabs.com or info@avlabs.com. |
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