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| June 19, 2001 | |||||||||||||||||
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Sentori Inc. - Billing Software Provider - Chosen as A Top Entrepreneur for VentureOne Exchange Investment Conference Annual East Coast Forum Brings Together Venture Capitalists and Growing Businesses | |||||||||||||||||
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Laurel, Md. - Chosen from over 300 candidates, Sentori Inc. (www.sentori.com) -
a billing software provider for the worldwide communications industry - is one of 58 companies to participate in
the annual VentureOne Exchange. The investment-focused conference, held June 19-20, at the Boston Seaport Hotel,
is sponsored by VentureOne Corp. for the leading venture capital firms and the top entrepreneurs in the Health
Sciences, Information Technology and eCommerce industries, located on the East Coast. The Exchange provides start-up companies that have already proven themselves - by obtaining a first round of funding - a forum to connect with investors that can take them to the next level. In mid-2000 Sentori received first round venture funding led by Edison Venture Funds. Representing Sentori at the VentureOne Exchange will be Vincent Vu, co-founder and CEO, who will address the company's marketing strategy, geographic expansion, product development and financial growth plans. "Sentori, which is expanding its voice- and data- centric communications service customer base and product range, is pleased to be among the top entrepreneurs presenting to the top venture capitalist firms on the East Coast," said Vu. "This follows Sentori's announcements of expansion into Europe and Asia, a new Sentori Billing and Customer care solution for 3G wireless applications, and new investment opportunities." Start-ups are nominated and selected to present by the Exchange Advisory Board, made up of the most active venture capital firms on the East Coast. This year's advisory board includes venture capitalists from 3i Technology Partners, Atlas Venture, Flatiron Partners, Oak Investment Partners, Polaris Venture Partners, Sprout Group, Venrock Associates, and other firms committed to fostering growth in the venture industry. "The presenting companies have truly distinguished themselves," said Dave Witherow, VentureOne President and CEO. "An invitation from the Exchange Advisory Board is a recognition of that achievement, as well as an expression of the venture community's continued support for entrepreneurial excellence." Part of the growing $6 billion billing and customer care software industry, Sentori has targeted the lucrative worldwide communications industry. "The Sentori system provides integrated, highly flexible billing, provisioning, mediation and customer care solutions, all of which are critical components of any communications service provider's infrastructure," said Vu. "Sentori's selection to participate in the VentureOne Exchange is one more affirmation of the company's business model." In May 2001, Sentori was one of only 50 companies selected to present at the Baltimore, Md.-held Mid-Atlantic Venture Association (MAVA) Capital Connection, an annual venture fair that showcases premier entrepreneurial investment opportunities in the mid-Atlantic region. About VentureOne VentureOne, the leader in venture capital research, offers investors and entrepreneurs the most comprehensive and accurate information on venture-backed companies, as well as world-class events, industry analysis, and customized research. VentureOne's products help venture capital firms, corporate investors, investment banks and accounting and law firms identify private investment opportunities, perform due diligence, and evaluate market trends, including company valuations and executive compensation. VentureOne is a wholly owned subsidiary of Reuters Group PLC, the leader in global information, news, and technology. For more information about VentureOne products and services, please visit www.ventureone.com. About Sentori A privately-held, Maryland-based company founded in 1994, Sentori Inc., formerly ASC Billing Solutions Inc., provides multi-service billing and customer care solutions to the communications industry worldwide. The Sentori™ Billing and Customer Care system is a flexible, feature-rich multi-service billing platform for voice and data-centric communications providers. Sentori has a track record of in-budget and on-time product implementations combined with world-class client support services. For information about Sentori's products, services and employment opportunities visit www.sentori.com or call 1-877-SENTORI.
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