SVASE Names Launch: Silicon Valley 2011 Top Award Winners ; Startups Flyvie, Innovalley, Steelhouse, Sylvatex, Trutags, Warranty Life Voted Highest Honors by Launch: Silicon Valley Expert VC-Angel Panel and Audience

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

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The six winners were chosen from 30 new companies from SiliconValley and around the world that presented to the audience and apanel of Silicon Valley VCs and Angels, whose combined votesdetermined the winners. Nearly 400 companies applied to present atLaunch: Silicon Valley 2010.

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

"This year's presenter and awardees were outstanding. Launch:Silicon Valley has grown to become a major Silicon Valley eventshowcasing the products and services from the most exciting of thenewest startups from around the world," said Chris Gill, Presidentand CEO of SVASE. "The success of this year's event clearlydemonstrates that the next generation of emerging technologycompanies views Silicon Valley as the place to pitch their productsand network with the SVASE community of top VCs, Angels, corporateexecutives, prospective customers and partners to help launch theirnext stage of success."

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

Launch: Silicon Valley 2011 award recipients by presentingcategory 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 thecompanies that presented at "Launch: Silicon Valley 2011," pleasevisit the following URL: http://launchsiliconvalley.org/

Launch: Silicon Valley 2011, held June 7 at Microsoft's MountainView Campus, is considered Silicon Valley's most affordable, highvisibility platform for emerging technology companies to demo theirproducts or services for launch into the market. This annual eventwas designed as Silicon Valley's demonstration platform to uncoverand showcase products and services from the most exciting of thenewest startups from around the world. Launch: Silicon Valley 2011provides companies with the opportunity to present themselves toinvestors 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 generationinternet, and technology make presentations to investors and otherinfluencers who can help shape their success.

Launch: Silicon Valley is co-presented by SVASE, early stageventure capital firm Garage Technology Ventures and Microsoft, whichwill host the event at the Microsoft Silicon Valley campus inMountain View. Additional sponsors include Cooley LLP, Draper FisherJurvetson, Global Media Strategy communications, Mintz Levin LLP,the Band of Angels, Sand Hill Angels, Wilmer Hale LLP, the AngelsForum, The Kauffman Fellows Program, PR Newswire, HalosysTechnologies, Life Science Angels, Foglifter Media, Alchemy SearchPartners, Hawaii High Technology Development Corporation,LeadFormix, Link Silicon Valley, and VentureDeal.

About SVASE

Founded in 1995 by entrepreneurs, for entrepreneurs, The SiliconValley Association of Startup Entrepreneurs (SVASE) is the largestand fastest growing nonprofit in Northern California dedicatedexclusively to helping technology and life science entrepreneursstart and grow successful businesses.

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

About Garage Technology Ventures

Garage Technology Ventures is a seed-stage and early-stageventure capital fund headquartered in Palo Alto, California, withinvestors that include Thomas Weisel Partners and CalPERS, theCalifornia Public Employees Retirement System. Garage is focused oninvesting in emerging technology startups in the Western U.S. Formore 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 Strategyjlettes@globalmediastrategy.com408-406-1161www.globalmediastrategy.com

SOURCE The Silicon Valley Association of Startup Entrepreneurs(SVASE)