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GuruNet Selected for Investor's Choice Award
at Technologic Partners' Prestigious Internet Outlook Conference
SAN MATEO, Calif., Sept. 18 /PRNewswire/ -- GuruNet Corporation
announced today it is one of 10 companies to receive the coveted
"Investors' Choice'' award at Technologic Partners' recently
concluded Internet Outlook conference. The annual Internet industry
conference featured close to 100 companies presenting their business
plans to an audience of several hundred venture capitalists, money
managers, investment bankers, analysts, and industry executives.
The award signifies that GuruNet was chosen as one of the Top 10
companies "most likely to succeed.''
The Technologic Partners' Internet Outlook conference provides
a unique forum for CEOs of the most important new companies in key
technology areas. Following each presentation, the audience is asked
to rate the company's prospects for success, and selection for the
"Investor's Choice'' awards is made based on the audience voting,
in addition to recommendations from a panel of leading technology
investors. Members of that panel included: Stewart Alsop, general
partner at New Enterprise Associates; Alex Baluta, principal at
Robertson Stephens, and Steve Jurvetson, managing director at Draper
Fisher Jurvetson. Richard A. Shaffer, founder of Technologic Partners,
then announced the results at the conference.
"We are honored to be a recipient of the 'Investor's Choice'
award and pleased the GuruNet Answer Engine continues to be so well
received in the industry,'' said Eric Tilenius, CEO of GuruNet.
"This award adds to our positive momentum. We are particularly
proud to garner such recognition for our business model and our
plans for leading the next generation of knowledge management solutions.''
GuruNet is the first and leading, instant Answer Engine that gives
anyone the ability to access relevant information quickly and easily,
on virtually any topic, anywhere and at any time. GuruNet analyzes
any word or term, and then retrieves real-time information and an
array or pertinent reference materials and real time data sources,
as well as relevant links to the Internet. GuruNet can be accessed
through a download version on a PC. A wireless version is also available
for the Palm wireless platform. The firm plans to further expand
its product offering across multiple platforms and has received
wide interest as a cutting edge knowledge management solution.
About GuruNet Corporation
GuruNet Corporation is the leading provider of relevant information
retrieval and delivery solutions. GuruNet provides the leading Answer
Engine on the Internet, which painlessly delivers highly relevant
and consolidated information not just web links, on any topic, all
in one place. Headquartered in San Mateo, Calif. with offices in
Jerusalem, Israel, and New York City. GuruNet is a privately held
company, which has received significant funding contributions from
such notable investors as Highland Capital Partners, Flatiron Partners,
Chase Capital Partners, America Online, Goldman Sachs, and Robertson
Stephens, Wit SoundView Ventures (Dawntreader), Israel Seed Partners,
Garage.com, and Angel Investors. Private investors include Mort
Meyerson of 2M Companies; Mark Tebbe, founder and chairman of Lante
Systems; Yossi Vardi, former chairman, ICQ; John Sculley, former
president and CEO of Apple Computer and Pepsi Cola; and Robin Neustein,
managing director, Goldman Sachs. To obtain the free, award-winning
GuruNet software and additional information about the Company please
visit www.gurunet.com
or use the Internet Keyword "GuruNet.''
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