Eight Companies Seek Investors at Colorado Capital Conference; Panel of Leading VCs and Angel Investors to Critique Business Plans During Conference

Eight Companies Seek Investors at Colorado Capital Conference; Panel of Leading VCs and Angel Investors to Critique Business Plans During Conference

Business Editors

DENVER–(BUSINESS WIRE)–June 9, 2003

Rockies Venture Club (RVC), Colorado’s premier entrepreneur networking organization, announced that eight companies seeking capital will present their business plans to a panel of leading venture capitalists and angel investors during the 15th Annual Colorado Capital Conference to be held on Thursday, June 12, 2003, at the Marriott City Center in Denver.

The companies include Accera, Inc., AirCover Network Solutions, Inc., Colorado Altitude Training, Diabetech, The ManiaTV! Network, MicroPhage, Inc., Uzed.com and WellDog, Inc.

“We are excited to present such a diverse and interesting group of companies seeking capital,” said conference chairman Blaine Versaw of KPMG LLP. “These companies are symbolic of an entrepreneurial and investing climate that is reenergizing. We have assembled a stellar group of CTEK Angels and members of Colorado Venture Capital Association who will listen to presentations of the business plans and critique them using the same formulas they use for plans sent directly to their companies. This will be a wonderful learning experience for the companies and anyone attending the conference who is seeking capital.”

One of the highlights of the annual conference is the investor track, which involves pre-selected companies presenting for funding. The eight selected companies are given 12 minutes to present to investors. The morning tracks, occurring at 9:30 a.m. and 11:00 a.m., are for companies seeking angel financing. The afternoon track, beginning at 2:00 p.m., features companies presenting to a panel of venture capital experts, including Stephanie Smeltzer of Meritage Private Equity Funds, Chris Wand of Mobius Venture Capital and Chris Onan of Wolf Ventures.

Presenting Companies

Accera, Inc. is pioneering the application of neuron energetics for the discovery and development of new therapeutic drugs for Alzheimer’s disease and related neurodegenerative disorders of the brain.

AirCover Network Solutions, Inc. (www.aircover.com) is a provider of broadband transport and network access solutions to the local telephone lines of residences and small businesses outside the reach of the local telephone company. The company provides high-speed, sustained connections (384Kbps – 1.5Mbps residential and 1.5-3Mbps to small business) directly to an Internet backbone provider, without the necessity of passing through the local exchange carrier or an ISP middleman.

Colorado Altitude Training manufactures innovative devices that produce the same physiological effects as altitude. The company’s products control oxygen concentrations in any room and sells to professional teams, Olympic training centers, and competitive athletes worldwide.

Diabetech(R) is focused on automated remote biometric data collection and analytics. Its patent pending StealthCare(TM) system provides a leap forward in the care of children, adults, and expectant mothers with diabetes, who must monitor blood sugar levels multiple times each day to achieve optimal metabolic control and good health.

The ManiaTV! Network wants to be the world’s first live Internet-based television network that satiates the under-served thirst of broadband viewers who are seeking broadcast entertainment over their computers.

MicroPhage, Inc. is an early stage pathogen diagnostics company focused on the development of tests for the rapid detection and identification of food, human, environmental and bio-terrorist pathogenic agents. Its patent-pending amplification system provides a powerful method for detecting bacteria in extremely complex and low concentration samples at very low cost.

Uzed.com (UZED) is a consumer-to-business site that provides a quick and easy way to sell unwanted CD/DVD/Game entertainment inventory. The company also provides a business-to-business site for independent entertainment stores for the acquisition of pre-owned entertainment product(s).

WellDog, Inc. has developed the next generation of natural gas exploration technology. The services based on this proprietary technology are being recognized as critically important for finding natural gas in coal beds and in the deep ocean.

About the Colorado Capital Conference

The Colorado Capital Conference, the Rocky Mountain region’s premiere entrepreneurial event of the year, takes place on June 12, 2003, from 7:30 a.m. – 4:30 p.m. at the Marriott City Center, located at 1701 California Street in downtown Denver. The conference provides a high-quality overview of entrepreneurial financing and business leadership as well as opportunities for networking. The event will focus on what companies must do to gain the attention of investors, successfully fund their businesses, and effectively manage strategic relationships to grow their business. More than 300 people are expected to attend including entrepreneurs, service professionals, investors, venture capitalists and other financiers. The cost for members is $109; non-member price is $149. Registration can be completed online at www.rockiesventureclub.org.

About Rockies Venture Club

The Rockies Venture Club (RVC) is a non-profit, volunteer organization that celebrates the spirit of entrepreneurship in the Rocky Mountain region. Founded in 1984, RVC is the only networking organization that connects entrepreneurs, service professionals, investors, venture capitalists and other funding sources. The RVC provides a unique open forum where emerging businesses can network with qualified funding sources and professional service providers, and where potential investors can learn of growing businesses through the RVC’s presentation series and monthly forums. For more information, contact RVC at 303/831-4174 or www.rockiesventureclub.org.

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