Audium Corp. Selected To Present At Venture Downtown; Audium Honored As One Of The City's Hottest Emerging Technology Companies.Business Editors NEW YORK--(BUSINESS WIRE)--May 9, 2001 Audium Corporation, the leading developer of VoiceXML application and server software, will present to more than 1,000 members of the venture community at the upcoming Venture Downtown event sponsored by the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of New Media Association (NYNMA NYNMA New York New Media Association ). Audium was one of 24 companies chosen from a pool of hundreds of applicants, and is primed to introduce the NYNMA conference participants to the potential the voice world has to offer. "Ever since Audium presented to the NYNMA Angel Investors An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. Program in November of 2000, we've been excited about their prospects. We are pleased to have them as one of the presenters at Venture Downtown 2001," said Executive Director of NYNMA, Alice Rodd O'Rourke. "We have developed a great relationship with NYNMA over the past year, and are honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to be selected to present at the conference," adds Michael Bergelson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Audium. "We view this as an excellent opportunity to present our business to top tier investors, and feel that our vision will be well received in the forward looking venture community." Audium's core offering is its Voice Application Server (VAS vas (vas) pl. va´ sa [L.] vessel.va´sal vas aber´rans 1. a blind tubule sometimes connected with the epididymis; a vestigial mesonephric tubule. 2. ). The standards-based VAS accelerates the development of advanced voice applications that allow Audium customers to deliver content, services, and transactions through any phone, anytime, anywhere. Audium is clearly focused on voice application development, and has partnered with leading voice technology and service providers such as VoiceGenie, Tellme, and Voxeo, and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms like Mobilocity and Giant Bear to deliver complete voice-based mobile solutions that meet customer specific business needs. NYNMA's Venture Downtown 2001 (www.venturedowntown.org), which will take place on May 15 at the Grand Hyatt, is New York's premier venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. conference where presenting companies have raised over $1 billion since 1996. A blue-ribbon committee of 40 New York-based venture capitalists reviewed more than 300 emerging companies and selected 24 of the most promising ventures in the forefront of technology. This hand-picked group of entrepreneurs represent major investment categories such as emerging technologies, network infrastructure, enterprise software and wireless. "We are excited to be a part of this year's Venture Downtown event," says Lucas Tanner Lucas Tanner was an NBC television drama that aired during the 1974-75 season. The title character, played by David Hartman, was a former baseball player and sportswriter who became a teacher at the fictional Harry S. Truman High School in Webster Groves, Missouri, a suburb of St. , CFO See Chief Financial Officer. of Audium. "We feel that our technology offers an exciting new investment opportunity, and are looking forward to bringing leaders in the New York venture world up to date on our recent achievements." Audium is also pleased to announce the closing of a $4.3 million Series A round of funding. The financing was led by Fonix Corporation, with additional investments from Blue Hill Ventures and Chelsea Capital. The new funding will be used to expand the company's research, development and sales teams, and speed the development of Audium's Voice Application Server (VAS). About Audium Audium develops VoiceXML server and application software that voice-enables mission critical applications for carriers, enterprises, and web-enabled businesses. The Company's proprietary, standards-based Voice Application Server provides a common set of components to quickly develop telco-grade voice applications at greatly reduced costs, bringing web-based technologies and economies of scale to the voice world. For more information on Audium, please visit www.audiumcorp.com or call 212/609-4000. Audium is a trademark of Audium Corporation |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion