Stretch Chosen As "Emerging Star" At TiEcon 2005 – The World's Largest Conference For Entrepreneurs
Gary Banta, CEO to participate in Emerging Stars Panel
MOUNTAIN VIEW and SANTA CLARA, Calif., May 13, 2005 – Companies with a strong go-forward strategy, solid management team, and most importantly, break-through technology are being honored as "Emerging Stars" at this year's TiEcon 2005, the world's largest and most successful conference for entrepreneurs. This year, Stretch, a pioneer and leader in software-configurable processor devices, has been chosen as one of those companies.
"We are honored to be selected as an Emerging Star by TiEcon," said Gary Banta, Stretch CEO and co-founder. "Stretch was created with the firm belief that software-configurable technology can address many of the current design challenges in the semiconductor industry and our inclusion at this reputed event is reaffirming."
"We are proud to host a forum that highlights innovative companies such as Stretch as it truly embodies the global entrepreneurial spirit which is the foundation of TiE," said Manish Chandra, chairman for TiEcon's Emerging Stars program. "In addition to innovation, Stretch has been recognized for its ability to impact global markets and help drive growth in technology industries."
Gary Banta will speak as part of the Semiconductors Emerging Stars Panel on Saturday, May 14th from 12-1pm. The general theme of the panel will revolve around industry drivers such as globalization of the semiconductors industry and dramatic growth in the consumer electronics market.
Nominated companies are judged and ranked by industry veterans, corporate executives and successful entrepreneurs from among TiE's 10,000+ worldwide membership. These experts are currently in the process of ranking nominated companies in eight categories – software, emerging technologies, security, wireless, networking, Internet, semiconductor and services.
TiEcon 2005 will be held May 13 and 14 at The Westin Hotel and Conference Center located at 5101 Great America Parkway, Santa Clara, California. This year's theme "Energizing the Global Entrepreneurial Spirit" will bring together more than 3,000 participants representing thought leaders, corporate executives, and successful veteran entrepreneurs for two days of learning, discussion, and networking. For more information, visit www.tiecon.org.
About Stretch Stretch Inc. is delivering a family of software-configurable processors, the first to embed programmable logic within the processor. Using familiar C/C++ programming tools, system developers automatically configure Stretch's off-the-shelf processors to achieve extraordinary performance, easy and rapid development, significant cost savings, and flexibility to address diverse markets and changing application needs. Founded in March 2002, Stretch is headquartered in Mountain View, Calif., and has been funded through investments from Worldview Technology Partners, Oak Investment Partners and Menlo Ventures. For more information, visit www.stretchinc.com.
About TiEcon 2005 TiEcon, TiE Silicon Valley's flagship annual event, is an opportunity for entrepreneurs to gain knowledge, inspiration and an invaluable network of contacts. Participants at the conference include successful venture capitalists, investment bankers, and policy makers, leading law firms, entrepreneurs and industry professionals from the information technology, software and communications industries across the U.S., South Asia and Europe. Last year, TiEcon attracted more than 100 expert speakers and panelists, 3000 delegates and 100 exhibiting companies.
About TiE A non-profit organization with 42 chapters in nine countries and a membership base in excess of 10,000, TiE fosters entrepreneurship through mentoring, networking and education. At the heart of TiE is its strong ecosystem – which has enabled members to facilitate and create a cohesive network of strong viable and sustainable chapters worldwide. The TiE brand is synonymous with entrepreneurship and wealth creation globally.