Finance Articles

Aweli Wins TCVN's Survivor III Competition as Best Investment Opportunity

Irvine, CA (PRWEB) October 3, 2007 -- Aweli, Inc., an interactive video marketing firm that creates marketing videos, places product in videos and can track exactly who watches each video in what form, was selected by a panel of investors as the "Best Investment Opportunity" at the Survivor III event presented by Tech Coast Venture Network (TCVN) last Thursday night.

As the winner out of more than 50 competitors, Porter Ranch, Calif.-based Aweli is eligible to receive over $80,000 in free legal, marketing and consulting services from leading Orange County companies plus special recognition in the investor community and the opportunity to pitch to Tech Coast Angels, Pasadena Angels, the Keiretsu Forum and the Silicon Valley chapter of The Venture Capital ~ Angel Roundtable, as well as be a guest on The Frank Peters Show.

"This is an incredible win for Aweli," said Joshua Paul, company founder and CEO. "We believe our technology will truly revolutionize the future of online video advertising. By winning Survivor III, we greatly increase our funding opportunities to further our product development and market penetration."

According to Sid Mohasseb, managing director of The Venture Farm, "Aweli is the most difficult technology to duplicate?it has the most upside potential," Bart Greenberg, chairman of TCVN, agreed, noting that "the technology that Aweli has developed is a game changer."

Survivor Forum investor panelists include: Stephen A. Block, Tech Coast Angels and Venture Farm; Robert R. Holmen, general partner; Miramar Venture Partners; Klaus E. Koch, partner, Kline Hawkes & Co.; Peter Lee, associate. Prism Venture Partners, Sid Mohasseb, CEO and president, The Venture Farm; Chip Parker, chapter co-president, Keiretsu Forum Southern California; Barry Paulk, Pasadena Angels; and Leo Spiegel, general partner, Mission Ventures.

The Survivor Forum moderator was Bart Greenberg, TCVN chairman and partner at Manatt, Phelps & Phillips, LLP.

Joshua Paul is a renowned expert in digital video and inventor of the verified viewing process. Since 1996 he has provided software and service solutions to entertainment production companies throughout Los Angeles and New York. His software and services have helped produce the television shows ABC's "Extreme Makeover: Home Edition," MTV's "Yo Momma," Fox Network's "Nanny 911," and Comedy Central's "The Showbiz Show with David Spade," among many others. His books, "Digital Video Hacks" (O'Reilly; ISBN 0596009461) and "Videoblogging" (Wiley; ISBN 0470037881) have helped thousands of people understand how to produce and distribute digital video with a high level of competence.

About Aweli:

Aweli, Inc. was founded to help facilitate the transition of traditional, broadcast video to cutting-edge, downloadable, and freely-distributed video. Its services provide leading-edge solutions for emerging problems in the digital video market, including the ability to dynamically insert product placements in video that can be sold in allotments and even geo-targeted.

At the core of every service Aweli provides is its patent-pending, verified viewing process called Phoebe. The process is capable of determining whether a video program, or segment of a program such as a commercial message or product placement, has been displayed. The service is also capable of determining whether the video was displayed in its entirety, or just partially such as when a commercial is skipped by the viewer. The service has been designed to work with video that is distributed online, or broadcast through traditional means.

About TCVN:

TCVN Platinum Sponsors include The Bloomfield Group (http://www.bloomfieldgroup.com), Daly-Swartz PR (http://www.dsprel.com); Hall & Company (http://www.hallcpas.com), Jackson DeMarco Tidus Petersen Peckenpaugh (http://www.jdtplaw.com); Knobe Martens Olson & Bear, LLP (http://www.kmob.com); and Manatt, Phelps & Phillips, LLP (http://www.manatt.com). The TCVN Web Site Sponsor is Head First, Inc.

The Tech Coast Venture Network (TCVN) is a not-for-profit corporation dedicated to assisting, educating and connecting entrepreneurs and emerging companies with capital and resources. TCVN has been directly or indirectly responsible for the establishment and growth of a significant number of early-stage businesses. For more information, visit http://www.tcvn.org

Contacts:

Daly-Swartz PR for TCVN

Jeffrey Swartz

(949) 470-0075

Aweli, Inc.

Joshua Paul

(818) 237-5200

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