Entretec Calls for Applicants for Second Annual Entrepreneurship Award 2005

Entretec (www.pasadenaentretec.com), a leading business development and networking organization helping technology companies grow along the 134/210 corridor, today called for applicants for their Second Annual Entrepreneurship Award 2005. The award celebrates the entrepreneurial vigor and business achievements of research-driven companies in the region. Evolution Robotics (www.evolution.com), an Idealab! company that develops personal robotics, won the first Entrepreneurship award in May 2004.

The purpose of the Entrepreneurship Award is to honor growing, leading-edge companies symbolizing the best in entrepreneurial spirit and skills in the region. It also acknowledges the growing importance of the technology industry in the 134/210 corridor and its contribution to the economic wealth of the Los Angeles basin.

"Entretec was thrilled with the number and caliber of participants who applied for our inaugural entrepreneurship award last year," said Stephanie Yanchinski, executive director of Entretec. "We expect this year's applicants to be just as impressive and are proud to expose significant technology companies that are contributing to the economy in our region, and Los Angeles as a whole."

Companies can self nominate or be proposed by a third party or organization. Applicants must demonstrate a record of overcoming obstacles, achieving milestones and showing a healthy outlook, with steady growth and promising prospects. Finalists will most likely:

--  be a technology company, owning and developing proprietary technology
--  be in business 2-5 years
--  have significant customer orders and early revenue
--  be located along the 134/210 corridor from Glendale to Diamond Bar
    including La Crescenta/La Canada
--  be operating in a technology sector such as aerospace and defense;
    life sciences; IT and software; and clean energy and the environment

Applications can be obtained from the Entretec website at www.pasadenaentretec.com. Completed applications must be emailed to Stephanie Yanchinski at scy@pasadenaentretec.com, or faxed to 626/365-7515 by January 31, 2005. A panel of judges will select finalists in February 2005, with a winner being announced at the Entrepreneurship Awards dinner in March 2005. For more information, call Entretec at 626/356-9933.

DesignTech CONNECT

The Entrepreneurship Award is one of several events, hosted by Entretec, leading up to their signature event, DesignTech CONNECT 2005. Founded by Entretec, the Art Center College of Design, the California Institute of Technology (Caltech), the Jet Propulsion Laboratory, and the Cities of Pasadena and Monrovia, DesignTech CONNECT is a "one of a kind" festival that will unite the worlds of advanced technology and design to create an extravaganza where talent can meet to share creative ideas and establish business connections. Featuring product demonstrations, hands-on displays, and leading edge technology and design, DesignTech CONNECT will draw over 80 exhibitors and 500 attendees. The event is scheduled for May 12-13, 2005 at the Art Center College of Design, South Campus. For sponsorship, exhibitor or attendee opportunities, please contact Entretec at 626/356-9933.

About Entretec

Entretec (www.pasadenaentretec.com) is the leading industry association in the 134/210 corridor offering practical business support and extensive networking to technology companies. Since its inception three years ago, Entretec has grown to more than 250 members. Working closely with Caltech's Office of Technology Transfer, the Caltech/MIT Enterprise Forum, the Keck Graduate Institute, UCLA, the NASA Commercialization Center, the Business Technology Center, LARTA, the LAEDC, the San Gabriel Valley Economic Development Partnership, and many supporting professional organizations (including the City of Pasadena and Clinical Micro Sensors, Inc.), Entretec is positioned to work with other communities and cities to build Los Angeles into a significant cluster of technology development. Entretec operates from an office on the Caltech campus.

Media Contact: Jamie Brown 626/791-5755 brownlink@earthlink.net Pasadena Entretec Stephanie Yanchinski Executive Director 626/356-9933 scy@pasadenaentretec.com