CFIC Recruits Emerging Growth Technology Companies to Present at Innovation Florida 2003.

Business Editors/High-Tech Writers

Innovation Florida 2003

ORLANDO, Fla.--(BUSINESS WIRE)--May 13, 2003

WHAT:       The Central Florida Innovation Corporation (CFIC)
            presents Innovation Florida 2003 - Early Stage Capital
            Raising Conference, sponsored by Akerman Senterfitt,
            American Venture Magazine, Business Wire, and the
            University of Central Florida (UCF) Technology Incubator.
            Sustaining sponsors include: Ernst & Young and the Florida
            Venture Forum.

            Innovation Florida 2003 is an annual, statewide early
            stage capital conference that connects Florida's hottest
            private technology companies with leading investors,
            venture capitalists and financiers for an exclusive
            financial and business development event. Over the past
            seven years, former presenters of the conference have been
            successful in raising over $130 million. This year's
            Venture Capital Conference will showcase promising
            high-growth technology companies throughout the state of
            Florida seeking "first outside money" or first round
            financing.

            Six regional partners are assisting CFIC with the
            recruitment and selection of presenting companies. Log
            onto http://www.cfic.org to find out how to obtain an
            application and submit to the regional contact in your
            area.

WHEN:       Thursday, September 25, 2003 at the Omni Rosen Centre
            Hotel, located at 9840 International Drive, Orlando, FL,
            32819-8122

COST:       Register on or before August 1st and receive a $50
            discount!

            Early Registration: $235 per person
            After August 1, 2003: $285 per person

DETAILS:    CFIC is interested in startups and existing companies who
            are seeking "first outside" equity financing. Candidate
            companies must be technology-based, headquartered in
            Florida, be capable of achieving $25 million in revenue
            after five years of growth and the company must have a
            minimum of $250,000 in prior investment or cash flow.

CONTACT:    Applications are available by logging onto the CFIC web
            site at http://www.cfic.org or by calling CFIC at
            407/277-5411. The deadline for submission is Friday,
            June 6, 2003.

CFIC:       The mission of the Central Florida Innovation Corporation
            is to enhance the region's economy by creating, building
            and strengthening high growth potential, high wage
            companies.

                        INNOVATION FLORIDA 2003
                  REGIONAL CONFERENCE REPRESENTATIVES


REGION #1 TALLAHASSEE                    REGION #5 ORLANDO/MELBOURNE
Beth Kirkland                            Central Florida Innovation
Tallahassee Economic Development          Corporation
Commission                               12565 Research Parkway
100 N. Duval Street, Box 1639            Suite 300
Tallahassee, FL  32302                   Orlando, FL  32826
[phone]                           [phone]
[e-mail]                     [phone] fax
                                         www.cfic.org
REGION #2 GAINESVILLE
Jane Muir                                REGION #6 SARASOTA
University of Florida                    Rich Swier
312 Walker Hall                          Startup Florida
P.O. Box 115500                          515 Avenida Del Norte
Gainesville, FL  32611-5500               Sarasota, FL  34242
[phone]                           [phone]
[phone] Fax                       [e-mail]
[e-mail]
                                            REGION #7 SOUTH FLORIDA
REGION #3 JACKSONVILLE                   Chris Kennelly
Chip Vara                                Enterprise Development
Enterprise North Florida Corporation      Corporation of
4905 Belfort Road                        South Florida
Suite 110                                3701 FAU Boulevard
Jacksonville, FL  32256                  Suite 210
[phone]                           Boca Raton, FL  33431
[phone] Fax                       [phone]
[e-mail]                            [phone] fax
                                         [e-mail]
REGION #4 TAMPA
Michelle Bauer
Tampa Bay Technology Forum
5445 West Cypress Street, Third Floor
Tampa, FL  33607
[phone]
[e-mail]
                                         (C) Central Florida
                                          Innovation Corporation 2003
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