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BROOMFIELD, Colo. - May 8, 2001 - SoftSource
Corporation, an emerging vendor of powerful client/server
applications for Smart Mobile Devices, was named the winner
of the second Venture OnStage competition, held at CIO magazine's
Perspectives conference series in Boca Raton, Fla. A cross-functional
team of CIO editorial, web and marketing staff members selected
SoftSource from a field of hundreds to compete onstage with
four other companies.
In the final competition, SoftSource CEO Rick
Brennan presented the company's vision and technology for
solving the problem of distributing, displaying, and manipulating
complex Internet data on Smart Mobile Devices. Also participating
in the competition were executives from Zaplet, Quiver, Peakstone
and Endeca. Following the presentations, the audience of leading
CIOs and business executives voted SoftSource's technology
the most promising of the five finalists.
"This award confirms what
we have always known. Our technology solves real world consumer
and industry problems," said Brennan. "Our company is attracting
attention because we apply enduring and innovative technologies
to enabling access to Internet content from Smart Mobile Devices."
About SoftSource Corporation
SoftSource Corporation was founded in October 2000 with investments
from Sequel Venture Partners, Cooley, Godward, LLP, Blakely
Sokoloff, Taylor and Zafman, and The Robert H. and Beverly
A Deming Center for Entrepreneurship Venture Fund. The company's
founders and employees are credited with creating the Standard
Vector Format (SVF), a streaming vector format optimized for
Internet use. The company's visionary leaders are now solving
the problem of distributing, displaying, and manipulation
of complex Internet data on an inexpensive Smart Mobile Devices.
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