QuantumShift Chairman Thomas Rice to Speak on 'The War for Capital' At the Forbes Presidents Forum

Apr 02, 2001, 01:00 ET from QuantumShift

    NOVATO, Calif., April 2 /PRNewswire/ -- Thomas Rice, chairman of the board
 of directors for QuantumShift, will discuss options for mid- to large-sized
 companies capitalizing on current business ventures in today's changing
 business climate when he addresses attendees of the Forbes Presidents Forum
 for Emerging and Middle-Market Companies.  The Forum will be held from Monday,
 April 2 through Wednesday, April 4 at the Boston Park Plaza Hotel in Boston,
 and Rice will participate in a roundtable discussion titled, The War for
 Capital, on Tuesday, April 3.  Rice will discuss venture capital, the state of
 the Internet business model, where the value is in the current market and what
 this means for small to mid-sized businesses.  QuantumShift is the leading
 provider of a full-service, single-source solution that streamlines the
 procurement and management of data and voice communications, enabling
 businesses to gain control of their increasingly complex communications needs,
 reduce costs and eliminate inefficiencies.
     Rice brings to the discussion 25 years of experience as an entrepreneur
 and venture capitalist and has built strong companies around proven
 technologies.  During the roundtable discussion, Rice will examine the pivotal
 forces in today's War for Capital and the crucial questions smart investors
 are asking today:
 
     -- Does the company have a technology application that offers immediate,
        real business value to established companies?
     -- Is there a large financial upside to the business opportunity?
     -- Is there a realistic path to profitability?
     -- What is the experience level of the management team?
 
     During his presentation, Rice will use QuantumShift as a real world
 example of a company that is able to answer the above questions, and has been
 succeeding in today's economic atmosphere.
     In addition to Rice, Randy Komisar, virtual CEO and author of The Monk and
 the Riddle, David Scott Carlick, partner of VantagePoint Venture Partners, and
 Robert C. Marshall, managing partner of Selby Venture Partners, will join the
 roundtable discussion.  The Forbes Presidents Forum is the premier venue for
 presidents, chairmen and CEOs of leading mid-sized companies to meet, exchange
 and discuss successful business strategies to overcoming obstacles.
 
     About QuantumShift
     QuantumShift enables leading edge companies to reduce communications
 expenses and gain greater control over their communications services by
 combining a Web-based management application, best-of-breed data and voice
 products and services, and experienced professionals into a full-service,
 single-source solution.
     With more than 100 clients, including Del Monte, Broadbase Software, Niku
 and InfoWorld, QuantumShift is rapidly changing the way people experience
 business communications.  QuantumShift is backed by leading investors
 including the Mayfield Fund, Thomas Weisel Partners, Bowman Capital Partners,
 Morgan Stanley Dean Witter, Texas Pacific Group, Presidio Ventures (Sumitomo
 Bank), Wilson Sonsini and Comdisco.  In January 2001, QuantumShift announced a
 national expansion, with new offices opening in Phoenix, Boston, Atlanta, Los
 Angeles, Seattle and Chicago.  For more information, visit QuantumShift at
 http://www.quantumshift.com or call us at 1-800-454-7339.
 
 

SOURCE QuantumShift
    NOVATO, Calif., April 2 /PRNewswire/ -- Thomas Rice, chairman of the board
 of directors for QuantumShift, will discuss options for mid- to large-sized
 companies capitalizing on current business ventures in today's changing
 business climate when he addresses attendees of the Forbes Presidents Forum
 for Emerging and Middle-Market Companies.  The Forum will be held from Monday,
 April 2 through Wednesday, April 4 at the Boston Park Plaza Hotel in Boston,
 and Rice will participate in a roundtable discussion titled, The War for
 Capital, on Tuesday, April 3.  Rice will discuss venture capital, the state of
 the Internet business model, where the value is in the current market and what
 this means for small to mid-sized businesses.  QuantumShift is the leading
 provider of a full-service, single-source solution that streamlines the
 procurement and management of data and voice communications, enabling
 businesses to gain control of their increasingly complex communications needs,
 reduce costs and eliminate inefficiencies.
     Rice brings to the discussion 25 years of experience as an entrepreneur
 and venture capitalist and has built strong companies around proven
 technologies.  During the roundtable discussion, Rice will examine the pivotal
 forces in today's War for Capital and the crucial questions smart investors
 are asking today:
 
     -- Does the company have a technology application that offers immediate,
        real business value to established companies?
     -- Is there a large financial upside to the business opportunity?
     -- Is there a realistic path to profitability?
     -- What is the experience level of the management team?
 
     During his presentation, Rice will use QuantumShift as a real world
 example of a company that is able to answer the above questions, and has been
 succeeding in today's economic atmosphere.
     In addition to Rice, Randy Komisar, virtual CEO and author of The Monk and
 the Riddle, David Scott Carlick, partner of VantagePoint Venture Partners, and
 Robert C. Marshall, managing partner of Selby Venture Partners, will join the
 roundtable discussion.  The Forbes Presidents Forum is the premier venue for
 presidents, chairmen and CEOs of leading mid-sized companies to meet, exchange
 and discuss successful business strategies to overcoming obstacles.
 
     About QuantumShift
     QuantumShift enables leading edge companies to reduce communications
 expenses and gain greater control over their communications services by
 combining a Web-based management application, best-of-breed data and voice
 products and services, and experienced professionals into a full-service,
 single-source solution.
     With more than 100 clients, including Del Monte, Broadbase Software, Niku
 and InfoWorld, QuantumShift is rapidly changing the way people experience
 business communications.  QuantumShift is backed by leading investors
 including the Mayfield Fund, Thomas Weisel Partners, Bowman Capital Partners,
 Morgan Stanley Dean Witter, Texas Pacific Group, Presidio Ventures (Sumitomo
 Bank), Wilson Sonsini and Comdisco.  In January 2001, QuantumShift announced a
 national expansion, with new offices opening in Phoenix, Boston, Atlanta, Los
 Angeles, Seattle and Chicago.  For more information, visit QuantumShift at
 http://www.quantumshift.com or call us at 1-800-454-7339.
 
 SOURCE  QuantumShift