Dow Jones VentureWire Announces Investors' Choice Awards at Third Annual Wireless Ventures Conference

NEW YORK--()--April 26, 2004--

  Award Recognizes 10 Wireless Start-Ups with the Most Potential for Success  

Dow Jones VentureWire announced the recipients of its Investors' Choice Awards at its third annual Wireless Ventures private-equity conference held in Redwood City, Calif., on April 20 and 21. The award recognizes start-up technology companies that are best positioned for long-term success in the wireless- and mobile-communications industry.

The recipients of the Investors' Choice Award, in alphabetical order, are:

-- Airvana, Chelmsford, Mass., which provides wireless-data equipment for carriers based on the CDMA2000 1xEV-DO standard (

-- Aligo, San Francisco, which provides server software, applications and services for wireless devices (

-- Good Technology, Sunnyvale, Calif., which provides wireless e-mail and messaging software for handheld devices (

-- MetroFi, Mountain View, Calif., which provides residential Wi-Fi broadband network services (

-- Microwave Photonics, Los Angeles, which provides a suite of products based on a new switched distributed antenna system (

-- Millennial Net, Cambridge Mass., which provides hardware and software for self-organizing, wireless sensor networks (

-- PolyFuel, Mountain View, Calif., which provides fuel-membrane technology for portable electronic devices (

-- Sonim Technologies, San Mateo, Calif., which provides IP-based instant communication applications (

-- Visto, Redwood City, Calif., which provides wireless-messaging technology for personal and corporate use (

-- Vocera Communications, Cupertino, Calif., which provides hands-free, voice-controlled communications system (

The event was produced by Dow Jones VentureWire, which is published by Dow Jones Financial Information Services, a unit of Dow Jones Newswires. VentureWire is the premier source of news, networking and information about private technology companies, venture-capital firms and the people who manage and finance them.

More than 300 business leaders, venture capitalists, entrepreneurs and industry analysts attended the conference and judged the competition. They selected the 10 award winners out of 54 closely held companies that were invited to present their business plans.

The Wireless Ventures conference examines strategies that can generate revenue and profit in a market where opportunities are increasing, but proven business models are still hard to find. Topics at this year's conference included the spread of mobile wireless via WiFi, opportunities in broadband wireless and WiMAX, the outlook for wireless voice over IP, and the new ways to allocate radio spectrum.

Richard A. Shaffer, editor in chief of VentureWire said "the outlook for the wireless industry is getting better and better, and the Investors' Choice Award winners are in prime position to take advantage of these opportunities."

Keynote speakers at this year's event included: Sam Arditi, general manager and vice president, Cellular & Handheld Group, Intel; Mark Ashida, general manager, Wireless & Networking Infrastructure; Rajit Gadh, director, Wireless Internet for Mobile Enterprise Consortium, University of California-Los Angeles; Preston Marshall, program manager, Defense Advanced Research Projects Agency; John Muleta, chief, Wireless Telecommunications Bureau, Federal Communications Commission; and Scott Stainken, general manager, Global Wireless e-Business, International Business Machines.

About Dow Jones Financial Information Services

Dow Jones Financial Information Services produces focused, sector-specific online newsletters and industry events (, The group is a unit of Dow Jones Newswires (, which provides real-time news for financial professionals in the equities, fixed-income, foreign exchange and energy markets, and also offers news for financial firms' Web sites. The FIS product lineup includes VentureSource, a sophisticated electronic database on the venture-capital industry; Private Equity Analyst, VentureWire Pro, and Daily Bankruptcy Review. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE:DJ) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC of CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.


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Robert H. Christie, 609-520-5051


Dow Jones & Company
Robert H. Christie, 609-520-5051