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VentureWire Announces Investors' Choice Awards at Enterprise Outlook

Award Recognizes 10 Business Software Start-Ups With The Most Potential For Success

NEW YORK--(BUSINESS WIRE)--June 7, 2004--VentureWire, the premier source of news and information about private technology companies, venture-capital firms and the people who manage and finance them, today announced the recipients of its Investors' Choice Awards at its annual Enterprise Outlook Private Equity conference held in Redwood City, Calif., on June 2 and 3. The award recognizes start-up technology companies that are best positioned for long-term success in the business-software and services industry.
"The Investors' Choice winners show strong potential to take advantage of emerging opportunities in the enterprise market," said Richard A. Shaffer, editor in chief of VentureWire, which is published by Dow Jones Newswires.

More than 350 business leaders, venture capitalists, entrepreneurs and industry analysts attended the conference and judged the competition. They selected the 10 award winners out of 65 closely held companies that were invited to present their business plans at the conference.

The recipients of the Investors' Choice Award, in alphabetical order, are:

Blazent, San Mateo, Calif. (www.blazent.com)--provides analytical enterprise software suite.

Composite Software, San Mateo, Calif. (www.compositesw.com)--developer of enterprise information integration software.

Gluecode Software, El Segundo, Calif. (www.gluecode.com)--provides open source application infrastructure.

Intelligent Results, Bellevue, Calif. (www.intelligentresults.com)--creator of business analytics software.

MetaMatrix, New York (www.metamatrix.com)--develops software for managing and integrating information across the enterprise.

Pivia Software, Cupertino, Calif. (www.pivia.com)--creates performance improvement software for Web applications.

Proofpoint, Cupertino, Calif. (www.proofpoint.com)--provides business software to stop spam and protect against e-mail viruses.

Quadrus Financial Technologies, Vancouver, British Columbia (www.quadrusfinancial.com)--creates software for derivative securities valuation, portfolio risk analytics and financial science.

Syndera, Redwood City, Calif. (www.syndera.com)--develops operational performance management software.


Wily Technology, Brisbane, Calif. (www.wilytech.com)--a provider of enterprise application management software.

The Enterprise Outlook conference evaluates strategies that can generate revenue and profit in a difficult market environment, and examines the technologies, services, and products that will enable businesses to maximize the value of their IT budget. Topics at this year's conference included threats and opportunities in e-mail management, looking offshore for enterprise success, opportunity for start-ups in the business-intelligence market and the growing adoption of Web-services technology.

Keynote speakers at this year's event included Gary A. Cohen, general manager, Pervasive Computing, International Business Machines; Richard Garnick, chief executive, Americas, Wipro; Rhonda Hocker, senior vice president and chief information officer, BEA; Ann Livermore, executive vice president, HP Services, Hewlett-Packard; Godfrey Sullivan, president and chief operating officer, Hyperion; and Simon Witts, corporate vice president of the Enterprise & Partner, Microsoft.

About Dow Jones Newswires

Through its Dow Jones Newswires Unit, Dow Jones (www.djnewsletters.com) produces focused, sector-specific online databases, newsletters and industry events as well as providing (www.djnewswires.com) real-time news for financial professionals in the equities, fixed-income, foreign exchange and energy markets, and also offers news for financial firms' Web sites. Newsletters published by Dow Jones include Private Equity Analyst, VentureWire Professional, and Daily Bankruptcy Review. VentureSource, the leading database of venture capital information, is published by VentureOne Corporation, a wholly owned subsidiary of Dow Jones. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE: DJ) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC Universal of CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.

Contacts


Dow Jones & Company
Robert H. Christie, 609-520-5051
Robert.Christie@dowjones.com

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