ORANGE COUNTY, CA (Sept. 30, 2009) –Southern California Venture Network (SCVN) is proud to announce the recipients of the 2009 Orange County Emerging Growth Awards.
The awards recognized those companies headquartered in Orange County that have reached between $1- $20 million in yearly revenues, have experienced significant growth over the last 12 months and that have made a positive impact on the local economy. The recipients of the awards were:
Financial Services: PIP – West, LLC – Established in 2004, Platinum Investment Properties-West (PIP-West) has effectively provided its clients with remarkable profits in REOs, Tax Liens, Tax Deeds and other forms of default real estate opportunity. Nationally recognized, PIP-West is the only agency of its kind, offering its clients extraordinary return on their investments, while allowing them to retain 100% control and ownership of their investments. Investments with PIP-West are 100% owned by clients and “self-directed,” based on the expertise and consultation provided by PIP-West.
Emerging Startup: OptionEase, Inc. — OptionEase Inc. is an on-demand software company delivering financial compliance applications to the CFO using a Software-as-a-Service (SaaS) model. OptionEase collaborates with the audit community on new application features and functionality as new regulatory issues are adopted and corresponding business rules become standardized. The company’s first product OptionEase is becoming the standard for FAS 123(R) accounting for employee stock options.
Manufacturing: Solarflare Communications – Solarflare is a semiconductor company positioned to be the next communications IC leader. Focused on 10G Ethernet, Solarflare has leading technology in both controller products and physical layer (PHY) technology. Solarflare provides a complete Ethernet solution to its customers, including controller and physical layer silicon, drivers and management software, and NIC manufacturing package.
Software Solutions: Telogis — Telogis’ product portfolio consists of a comprehensive wireless fleet management solution and a robust, proprietary mapping solution for fleet management companies and other telematics OEMs, enterprise users and systems integrators. OnTrack, the Company’s GPS-based fleet productivity and management platform is a scalable, easy-to-use SaaS solution that enables fleet managers to improve productivity and reduce operating costs. The product also provides secure, remote access to real-time GPS vehicle and driver information.
Professional Services: Brand Affinity Technologies (BAT) – Brand Affinity Technologies (BAT) came to market earlier this year with a platform that makes it easy and affordable for advertisers to launch ad campaigns featuring athletes and celebrities. Advertisers use BAT’s platform to identify the most effective celebrity and athlete endorsement talent based on brand and targeting considerations, and to quickly secure licensing rights and approvals. Unlike traditional endorsement deals, BAT-enabled ad campaigns can be up-and-running in a matter of weeks or even days. Currently, BAT’s Platform features more than 2,700 top athletes and celebrities in markets nationwide, and is used by leading advertisers such as Ford and McDonalds.
Medical Technologies: Holter Labs, LLC — Holter Labs is a unique Cardiac monitoring service that offers same-day electronic patient cardiac results. This means that the edited heart study (30-60 pages depending on how long the patient wears the recorder) can be viewed by the physician on the same day of data submission; typically within 8 hours from when the recorder was disconnected from the patient. Most companies and hospitals can take up to 7 to 10 working days to get the report back to the physician. A faster report translates into a quicker response to their patient’s clinical needs.
Green: Mag International, Inc. — Mag International Inc. (MAG) was founded in 2004 to manufacture and distribute a quality and innovatively-designed line of off-road utility vehicles and accessories. The company has grown dramatically since inception, with sales of $9.3 M in 2008, which includes a major contract with the US Air Force that is historic in the industry. MAG is now recognized by customers and competitors as a strong and viable niche provider of off-road utility vehicles, parts, accessories, and service. The truck, cargo and passenger van offerings include Gas, E-85, Electric and 4-Wheel Drive versions and are sold through both direct and dealer channels.
The award ceremony, held on Sept. 29 at Code Restaurant Lounge, was held in partnership with USC Stevens Institute for Innovation, USC Marshall School of Business Orange County Alumni Association, Chapman University College Extended Education, Chapman University Leatherby Center for Entrepreneurship and Business Ethics, Harvard Business School Association of Orange County, IEEE Orange County Section and the 7th-Annual System on Chip conference. Sponsors include TechSpace, Faze3 Graphix, Savant Company, Inc., Amplify Interactive and SoCalTech.com, Creative Vortex and DeMo Communications.
With over 1,000+ influential members, the Southern California Venture Network is Orange County’s premier entrepreneur and business growth network. SCVN’s mission is to increase the entrepreneurial velocity of both start-up and emerging growth companies through its network of skilled professionals, high-level business contacts, and sources of funding. The goal is to help navigate the many road blocks that often prevent early stage and late stage entrepreneurial companies from reaching their full potential in a timely manner.
As a “venture development” organization, SCVN focuses its efforts on helping those companies with revenues between $1M and $25M and that already have funding in place. It does this by hosting open networking events, invitation-only company presentations, executive educational events, and DealMaker lunches.