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PnP News Press Releases
Demo'08

DEMOFall 2008 conference, September 15, 2008

Plug and Play Tech Center team visited DEMOFall 2008 conference

Our team consisting of Kayvan Baroumand (COO), Candace Denton (Corporate Development) and Olga Grigoryeva (Business Relationship Manager) all attended the 3 day DEMOFall 2008 conference, which took place in the San Diego Sheraton Marina hotel. Plug and Play Tech Center was a platinum sponsor for the DEMO this fall 2008 and had two companies that are currently hosted at Plug and Play represented (Koollage and Yubico). It was a great experience, and a start of our future partnership together with IDG and DEMO.

Koollage one of the growing companies within Plug and Play, presented on stage and had a booth at the DEMO pavilion. Koollage provides an instant and easy way for anyone - consumers, businesses and brands to aggregate, package, publish and distribute mixed, multimedia content. Users can combine video, images, audio, rss feeds, web pages and text to create a compact, pocket-sized, media-rich Package On Demand (POD). PODs can be created, viewed and shared on the web and mobile devices like the iPhone.

Plug and Play is also proud to showcase one of its shining stars: Yubico offering the YubiKey, an easy-to-use security key for access to networks and services, offered with open source software. Internet identity fraud is the fastest growing crime, seriously affecting the trust for the net. YubiKey solves this problem with the most simple and cost effective solution on the market.

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Princeton Entrepreneurship Forum: August 13, 2008

Distinguished Alums Share Experiences with Budding Entrepreneurs

In the summer of 2005, Mark Jung'82 stepped into Rupert Murdoch's News Corporation office. Within an hour of meeting, they shook hands and agreed on the sale of his company, IGN, to Fox Interactive. Jung's story was one of many inspiring ones shared by distinguished alums last week at the "Princeton Entrepreneurship Forum," an event held at Plug and Play Tech Center in Silicon Valley, and hosted by the Princeton Entrepreneurship Club, Princeton Club of Northern California, and the Office of Career Services. Read Article »

Contact: Nikhil Basu Trivedi'11: nikhil@princeton.edu



For Immediate Release August 15, 2008

Plug and Play Tech Center signs Memorandum of Understanding for collaboration with Riyadh Technology Incubation Center (RTIC), King Saud University, Saudi Arabia.

On August 14, 2008, Associate Professor Mezyad Alterkawi, CEO of Riyadh Technology Incubation Center (RTIC) at King Saud University in Saudi Arabia concluded a 3-day visit to Plug and Play Tech Center in Silicon Valley by signing a Memorandum of Understanding for future collaboration between Plug and Play Tech Center and King Saud University.

The signing of the Memorandum of Understanding represents the continued commitment of Plug and Play Tech Center and the newly established Riyadh Technology Incubation Center to work together to help start-ups and encourage technology entrepreneurship in Saudi Arabia. RTIC is part of the Riyadh Technology Valley project.

For further information, please contact Jupe Tan at jupe@plugandplaytechcenter.com or +1 (408) 524-3100

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For Immediate Release May 8, 2008

47 companies giving it their all at Plug and Play Tech Center Expo:

Over 400 people packed into Plug and Play Tech Center on Wednesday May 7, 2008 to watch 47 companies pitch their products. The audience was comprised of Venture Capitalist, Angel Investors, and Corporations such as Microsoft, Sun, and Nokia. The Expo also featured Keynote speeches from Dan'L Lewin from Microsoft and Dinesh Bahl from Sun Microsystems.

Each start up company was given 2 minutes to present their companies to the audience and judges. These pitches were given without PowerPoint slides in true elevator pitch style. The judges then tallied up their votes and awarded 3 companies "Investor Choice Awards." The top 3 award recipients were Novauris a mobile search application, BiancaMed a revolutionary medical device company devoted to sleep study, and Project Playlist a unique music social collaboration website.

After the awards were presented the top 3 companies were then allowed to pitch for 10 minutes with PowerPoint slides. This was then followed by a reception with hors'dourves and beverages. The event was highly informative and well attended, it is a must see for anyone interested or involved in entrepreneurship. Plug and Play Tech Center will host its 4th Expo in September 2008.

Further information about Plug and Play Expo and Plug and Play Tech Center can be obtained from Sumit Mahawar. Sumit@plugandplaytechcenter.com or 408-524-1462.



For Immediate Release May 1, 2008

PLUG AND PLAY TECH CENTER TO CONTINUE TO SPREAD "GOOD KARM" DOWN UNIVERSITY AVE IN PALO ALTO

Contact: Shobeir Shobeiri
(650) 566-5001

Palo Alto, CA- Plug and Play Tech Center is opening a new start-up facility in Palo Alto, CA. The 10,000 square foot building located at 530 University Ave is owned by the Amidi group which is well known for the "Good Karma" building at 165 University Ave, which housed such well known start-ups as Google, PayPal, and Danger.

With the early success of the Plug and Play Tech Center concept in Sunnyvale, CA, the Amidi group has decided to open up two more facilities in the heart of Silicon Valley. The first one is at 530 University Ave, Palo Alto, CA and the second at 370 Convention Way, Redwood City, CA, conveniently located off the 101 Freeway.

The Plug and Play concept was first introduced in 2006. Over 150 start-up companies are located at the Plug and Play Tech Center Sunnyvale location. The start-ups range in size from 1 to 50 people. Besides flexible office leasing, Plug and Play offers its entrepreneur community access to top tier Venture Capital partners, as well as their own funding arm, Amizad Investments. Plug and Play’s strategic partnerships in the high-tech, legal and banking industries also offer their entrepreneur community unparalleled access to these industry giants.

"They really get the way Silicon Valley works." says Ron Conway, an angel founder that has participated in many deals with the Amidi family through Amizad investments.

The three Plug and Play Tech Center locations offer a hub where start-ups can network, and take advantage of the partnerships and relationships Plug and Play has championed to help their entrepreneurs build great companies. With some of the "Good Karma" coming from up the street…Plug and Play Palo Alto is looking to add to the list of successful start-ups that turned into great companies.

Connie Weisman or Sumit Mahawar are available for interviews for this article.