TechCrunch20 Announces $50,000 Cash Award for Top Start-Up

Leading Start-Ups Vie for Inaugural Conferences Panel of Experts to Pick Winning Start-Up

SAN FRANCISCO--(BUSINESS WIRE)--TechCrunch20, the inaugural two-day conference founded by Jason Calacanis and Michael Arrington where twenty of the hottest technology start-ups present their business model to industry leaders, today announced it will award a $50,000 cash prize to the most promising technology start-up at the event. The winner will be selected by the advisory panel of industry experts which includes Marc Andreessen, Marissa Mayer, Brad Garlinghouse, Chris Anderson, Om Malik, Robert Scoble and others. TechCrunch20 will be held at the Palace Hotel in San Francisco, September 17-18.

“We are advocates of the entrepreneur, and TechCruch20 is a way we can help play a key role to expose outstanding early-stage business ideas and internet products to the marketplace”

Our twenty finalists are going to benefit tremendously from exposure to and interaction with- the tech legends on our advisory panel, said Calacanis, TechCrunch20 Conference co-founder and CEO of Mahalo.

We are advocates of the entrepreneur, and TechCruch20 is a way we can help play a key role to expose outstanding early-stage business ideas and internet products to the marketplace, said Arrington, TechCrunch 20 co-founder and TechCrunch Editor.

The TechCrunch20 audience will consist of enterprising start-ups as well as executives from major technology firms, venture capitalists and investors, and media covering business and technology. The conference will be broadcast live on the Internet at http://www.techcrunch20.com .

Applications to appear at the TechCrunch20 Conference close Friday, July 6. Entry forms can be downloaded from http://techcrunch20.com/submit-your-company/, entry is free. Companies selected must be able to publicly present their business model and products by the September 17 conference date.

About TechCrunch20

TechCrunch20, LLC is a joint venture between Jason Calacanis and TechCrunch, and was created to organize and sponsor the TechCrunch20 Conference, designed to showcase the twenty hottest new product launches on the Internet and create passionate debates about the new companies and new technologies presented. Entry to TechCrunch20 is open to all, including major feature-releases from existing live Internet companies and new products from existing companies. The twenty annual entries will be chosen by the TechCrunch20, LLC organization including Jason Calacanis, Michael Arrington and Heather Harde with the support of distinguished panel experts. The TechCrunch20 advisory panel includes Marc Andreessen, Chris Anderson, Roelof Botha, Ryan Block, Caterina Fake, Mark Cuban, Marissa Mayer, Brad Garlinghouse, MC Hammer, Rajeev Motwani, Om Malik, Robert Scoble and Dave Winer.

Corporate Sponsors for the 2007 TechCrunch20 Conference include: AOL, Axosoft, Charles River Ventures, Clearstone Venture Partners, Fenwick & West, Howard Rice, Nemerovski Canady Falk & Rabkin, Mayfield Fund, Perkins Cole and Sequoia Capital.

The inaugural TechCrunch20 conference will be held September 17-18, 2007 at the Palace Hotel in San Francisco. Early-bird TechCrunch20 audience tickets can be purchased for $1,995 through July 15 and thereafter for $2,495 until September 10, 2007, based on availability. http://www.techcrunch20.com

About Jason Calacanis

Jason McCabe Calacanis is the founder and CEO of Mahalo.com, the worlds first human-powered search engine run. Mahalo was recently funded by Sequoia Capital, Allen & Company, CBS, News Corporation, Burda Media, Elon Musk, Mark Cuban, Fred Wilson, Ted Leonsis and Jonathan Miller. Previously, Jason was a co-founder of Weblogs, Inc. sold to AOL in 2005. Jason was a former editor and CEO of the Silicon Alley Reporter magazine. Calacanis is also a noted blogger and podcaster on his personal blog: calacanis.com

About TechCrunch

Founded by Michael Arrington in June 2005, TechCrunch is a weblog dedicated to obsessively profiling and reviewing new Internet products and companies. In addition to new companies, TechCrunch also profiles existing companies that are making a cultural or commercial impact on the Internet. The TechCrunch Network reaches over 1.5 million key influencers per month with more than 6 million page views. TechCrunch has expanded to include sites dedicated to gadgets (CrunchGear), mobile (MobileCrunch) and marketplaces (CrunchBoard) as well as dedicated geographies, including TechCrunch France and Japan.

Contacts

Tyler Crowley, 310-593-6156
tyler@mahalo.com

Better Be Business Wired.

Business Wire is the leading source for press releases, photos, multimedia and regulatory filings from companies and groups throughout the world.