MOUNTAIN VIEW, Calif. June 8, 2011 /PRNewswire/ -- The Silicon Valley Association of Startup Entrepreneurs (SVASE) today announced the selection of the "Launch: Silicon Valley 2011, companies awarded "Most Likely to Succeed" honors in categories, including: Clean Tech, Life Science, Mobile, Next Generation Internet (2) and Technology.  

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The six winners were chosen from 30 new companies from Silicon Valley and around the world that presented to the audience and a panel of Silicon Valley VCs and Angels, whose combined votes determined the winners. Nearly 400 companies applied to present at Launch: Silicon Valley 2010.

Video replays of winning companies' event presentations will be available at http://bit.ly/LaunchSiliconValley2011Presentations.

"This year's presenter and awardees were outstanding.  Launch: Silicon Valley has grown to become a major Silicon Valley event showcasing the products and services from the most exciting of the newest startups from around the world," said Chris Gill, President and CEO of SVASE. "The success of this year's event clearly demonstrates that the next generation of emerging technology companies views Silicon Valley as the place to pitch their products and network with the SVASE community of top VCs, Angels, corporate executives, prospective customers and partners to help launch their next stage of success."

Past event finalists have gone on to raise well over $150 million (as per publicly available information, numerous additional deal closing amounts have not been publicly disclosed) following their selection as Launch: Silicon Valley award winners.

Launch: Silicon Valley 2011 award recipients by presenting category are:

Clean Tech: Sylvatex BioFuels, www.sylvatex.com  

Life Science category:  Trutags, www.trutags.com

Mobile category:   Innovalley, www.innovalley.us

Next Generation Internet 1 category: Steelhouse, www.steelhouse.com

Next Generation Internet 2 category: Warranty Life, www.warrantylife.com

Technology category: Flyvie, www.flyvie.com

For more information about the event, and an overview of all the companies that presented at "Launch: Silicon Valley 2011," please visit the following URL: http://launchsiliconvalley.org/

Launch: Silicon Valley 2011, held June 7 at Microsoft's Mountain View Campus, is considered Silicon Valley's most affordable, high visibility platform for emerging technology companies to demo their products or services for launch into the market. This annual event was designed as Silicon Valley's demonstration platform to uncover and showcase products and services from the most exciting of the newest startups from around the world. Launch: Silicon Valley 2011 provides companies with the opportunity to present themselves to investors and other influencers who can help shape their success.  

As part of the Launch: Silicon Valley product launch competition, 30 startups in clean tech, life science, mobile, next generation internet, and technology make presentations to investors and other influencers who can help shape their success.

Launch: Silicon Valley is co-presented by SVASE, early stage venture capital firm Garage Technology Ventures and Microsoft, which will host the event at the Microsoft Silicon Valley campus in Mountain View. Additional sponsors include Cooley LLP, Draper Fisher Jurvetson, Global Media Strategy communications, Mintz Levin LLP, the Band of Angels, Sand Hill Angels, Wilmer Hale LLP, the Angels Forum, The Kauffman Fellows Program, PR Newswire, Halosys Technologies, Life Science Angels, Foglifter Media, Alchemy Search Partners, Hawaii High Technology Development Corporation, LeadFormix, Link Silicon Valley, and VentureDeal.

About SVASE

Founded in 1995 by entrepreneurs, for entrepreneurs, The Silicon Valley Association of Startup Entrepreneurs (SVASE) is the largest and fastest growing nonprofit in Northern California dedicated exclusively to helping technology and life science entrepreneurs start and grow successful businesses.

SVASE provides support and resources for entrepreneurs, from the idea through initial rounds of funding to product launch, delivered at 12 monthly events and a continually evolving web site. For more information about SVASE, please visit http://www.svase.org.

About Garage Technology Ventures

Garage Technology Ventures is a seed-stage and early-stage venture capital fund headquartered in Palo Alto, California, with investors that include Thomas Weisel Partners and CalPERS, the California Public Employees Retirement System. Garage is focused on investing in emerging technology startups in the Western U.S. For more information about Garage, visit http://www.garage.com.

Related Links

Launch: Silicon Valley 2011

Silicon Valley Assoc of Startup Entrepreneurs (SVASE)

Launch: Silicon Valley 2011 Event Video

Media Contact:

Jeff Lettes, Director of Communications (SVASE), Principal, Global Media Strategy
jlettes@globalmediastrategy.com
408-406-1161
www.globalmediastrategy.com

SOURCE The Silicon Valley Association of Startup Entrepreneurs (SVASE)