The Venture Event of the Year Honored Avidian Technologies as one of the Top Venture-Backed Companies in the Region.
SEATTLE – June 28, 2004 – Avidian Technologies, a software development firm specializing in creating solutions for users of Outlook and Exchange, has been honored as a 2004 Venture All Star by the Investment Forum, a non-profit organization that promotes promising new companies to the business and investment community. James Wong, president & CEO was honored along with 38 other CEOs at the Chateau Ste. Michelle as 2004 Venture All Stars, recognizing their accomplishments as the top venture-backed companies in the region. Avidian was also featured in the fourth edition of the venture map poster, the definitive visual business reference, which will be distributed to more than 50,000 private investors and top business executives throughout the Northwest including Washington, Oregon and British Columbia.
"We are thrilled to be named as a 2004 Venture All Star company," said Tim Nguyen, Co-Founder and CIO of Avidian. “We have grown substantially over the last year and this recognition is a result of the hard work our team has put forth. We accept the acknowledgment with great honor.”
The 2004 Venture All Star companies were selected over a four-week period from more than 125 nominations by a forty (40) member Selection Committee comprised of representatives from the region’s top venture capital funds such as OVP Venture Partners, Madrona Venture Group, Ignition Partners and Northwest Venture Associates to name a few. In order to be selected, companies had to demonstrate the ability to follow in the footsteps of the region’s most successful growth business such as Microsoft, Starbucks, Costco, Amazon.com and Immunex. Companies were evaluated on their growth achievements to date, market potential, management strength and financial backing.
For a complete list of the companies, go to http://www.ventureallstars.com.
“Avidian Technologies has proven its ability to be a leader and is well positioned to prosper in the recovering economy,” said Nathan McDonald, Managing Director of the 2004 Venture All Stars and Investment Forum. “We’re honored to produce the fourth-annual Venture All Stars event to honor and promote companies with outstanding growth potential.”
About the Venture All Stars
The 2004 Venture All Stars is a salute to the region's entrepreneurs and their success. The selected Venture All Star companies are those that the local venture investing community believe have demonstrated the ability to follow in the footsteps of the region's most successful growth businesses, such as Microsoft, Starbucks, Costco, Amazon.com and Immunex, to name a few of the local companies that relied on private venture funds to grow. Selection as a Venture All Star company acknowledges each of their efforts to date, gives them visibility in the community, and encourages their future success.
About the Investment Forum
The mission of the Investment Forum is to promote promising new companies by creating, operating and producing creative ways to educate and bring entrepreneurs, investors, and the business community together for the benefit of all. Bryce James, Tim Reha, and Nathan McDonald formed the Investment Forum as a Washington State Non-Profit Corporation in 2000.
The Investment Forum produces and co-promotes events, forums, speakers and special projects on a monthly basis. The Investment forum features a popular monthly Investment News and Event Email Newsletter for Angel Investors and Entrepreneurs. The organization is operated out of Seattle, Washington.
About Avidian Technologies
Avidian Technologies is a software company specializing in creating software solutions for users of Outlook and Exchange. Prophet, developed by Avidian Technologies on the .NET platform, is the leading contact management sales CRM software built inside Microsoft Outlook. The company is headquartered in Bellevue, Washington. For more information, please visit www.avidian.com.