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Billiant AB Gains International Investor Attention.


Business Editors

STOCKHOLM, Sweden--(BUSINESS WIRE)--Nov. 28, 2000

Venture Navigator See Netscape Navigator, Netscape and Norton Navigator.

Navigator - Netscape Navigator
 Event Showcases Leading International Internet and

Wireless Opportunities 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
 

The market for high tech venture investments has gone global, and Billiant is at the leading edge of the development.

Billiant is one of the top tech companies from around the world selected to connect with the big money that has been fueling the phenomenal Internet growth in the U.S. "Venture Navigator: International Venture Capital Summit and Showcase" will provide the connection point at its November 29 meeting in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

The Venture Navigator event, taking place at the Citigroup Executive Conference Center, will feature presentations from 25 high-growth, Internet and Wireless companies from throughout Europe, Scandinavia, Israel and Canada. A select audience of 150 venture capitalists 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.
, corporate investors Noun 1. corporate investor - a company that invests in (acquires control of) other companies
company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage"
 and senior-level deal makers will evaluate their business plans and, hopefully, strike million dollar deals. This is the only U.S. showcase dedicated exclusively to venture investing venture investing

The acquiring of a stake in a start-up company by a brokerage firm or analyst by obtaining discounted, pre-IPO shares. Critics claim venture investing causes analysts to have a vested interest in seeing a stock appreciate in value and so
 opportunities in Internet and Wireless companies from around the world.

Billiant was selected because the corporate strengths of: enabling technology with product leverage, unique wireless positioning, straight-forward revenue model, and their business-critical product with customers that pay for quality. In choosing among the many applicants to present, Venture Navigator looks for operating companies operating company

A business that engages in transactions with outsiders.
 that have solid business fundamentals business fundamentals

The general background within which an economy operates including earnings, sales, wage rates, taxes, and inflation. Improving business fundamentals are generally viewed as bullish for stocks, although stock prices at any given point
 such as strong management, technological and competitive advantages, and a clear vision for expansive revenue and profit growth.

More information is available at www.venturenavigator.com, or by calling +1-212-683-9200 ext. 201.

"U.S. venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1]
 and other strategic investors are increasingly looking outside the country for exciting investment opportunities," said William Fisher People named William Fisher include:
  • William F. Fisher, Anthropologist and author
  • William Frederick Fisher, American astronaut
  • William Wordsworth Fisher, British admiral
  • William W. Fisher III, Ph.D.
 of Open World Interactive, the event's producer. "The Internet continues to spur global competition and is forcing investors to search all of the world's tech capitals for the best ideas, the best talent, and the best managed companies. Billiant is an industry innovator with great market potential."

Presenting companies are in the early-stage, late-stage or expansion-stage of financing and are seeking $2-$25 million. They have already developed products, services, organizations or customers and now are expanding product development or marketing. They have access to capital at home, but want to tap the experience and connections of seasoned American VCs.

The semi-annual Venture Navigator event is a full day of deal making, and includes 5-minute company presentations, keynote speakers, panel discussions and plenty of networking- plus breakfast lunch and a reception. Important trade associations and corporate sponsors such as Citibank, Korn/Ferry International and KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 support the showcase. Additionally, international governments and trade groups are helping to coordinate the research and selection of the most promising companies in their local markets.

About Billiant AB

Billiant AB designs, develops, and markets leading edge billing software and services, including the possibility for flexible ASP solutions. The target customers are packet-based communication service providers, like Broadband Operators and Mobile Service Providers, as well as portals. Billiant has a very solid ownership backing. Main investors are WireEdge Ventures and Venture Partners. Billiant is operating at the European market with headquarters in Stockholm, design center in Gothenburg, a local sales office in Madrid, and is now aggressively expanding across Europe.

For more information: www.billiant.com.

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Publication:Business Wire
Date:Nov 28, 2000
Words:573
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