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Tuesday, September 2, 2003

Please Click here or the link above for the location and directions to the Meeting Site.

ENTREPRENEURIAL SUCCESS STORIES
IN THIS TIGHT ECONOMY
June Meeting Sponsor Back to Calendar Directions to the meeting Cost and Times

Meeting Summary:

CEO's and capital providers will talk about how and why their companies and investments are succeeding! They will provide insight on how they managed their businesses through the market downturns and the near-elimination of investment capital. Having held the course of their companies in the face of all the negativity from the dot-com meltdown, collapse of the venture capital markets, accounting scandals, and stock market nose dive, these companies are now poised to accelerate their growth. How did they do it? Why them? What was 'special' about what they had and how they executed? These and other related questions will be addressed by our panelists with ample opportunity for you to question our panel on your business situations.
Panel: Kevin Laracey,,
President & CEO, edocs, Inc.
Jim Savage,
Co-Founder, Longworth Venture Partners
Larry Genovesi,
President. Ammasso Inc.
Moderator: Larry Grumer,
President & Managing Director, Technology Associates & Alliances

Meeting Site and Cost:

5:15 PM Pre-meeting Dinner - Bertucci's Restaurant, 475 Winter St.,(exit 27B off Route 128), Waltham, MA ("pay-as-you-go")

7:00 PM Meeting Presentation - Conference Center at 1100 Winter Street, Waltham, MA in the Bay Colony Office Park.
There is a $20.00 fee, non ENET members.

No reservations are necessary for either the meeting or dinner

Click here for directions and a map to the dinner and meeting

Panel:
Kevin Laracey
Kevin Laracey, President & CEO, edocs, Inc., founded in 1997 and with offices in Europe and Asia, edocs, Inc. is the industry pioneer and fastest growing leading provider of customer self-service and e-billing solutions for Global 2000 businesses. Their self-service platform improves the quality of customer care, reduces support costs and deepens relationships with business and consumer customers. edocs' solutions enable end customers to manage their accounts, research offerings, buy products and services, review bills and statements, initiate and track payments, and resolve issues online from a single starting point at a company's web site. edocs' customer base within financial services, energy, healthcare, insurance, retail and telecommunication companies include: AT&T Wireless, American Express, Blue Cross Blue Shield of Minnesota, BT, Fannie Mae, FleetBoston Financial, GE Capital, Sprint, Target, Telstra and Toyota Financial Services. Their investors includes: Jafco Ventures, Sigma Partners, Aurora Technology Fund, Charles River Ventures, Amerindo Investment Advisors, CONMDISCO, Focus Ventures, Armada Group, Goldman Sachs, American Express, Vignette, and GE Card Services.

Kevin oversees edocs' strategic direction and manages its day-to-day operations. Prior to founding edocs, He was vice president of marketing at Elixir Technologies Corporation, a developer of electronic document production software. Kevin played a key role in developing product strategy for Elixir forging technology and marketing alliances with firms such as Inso, Verity, Adobe, Xerox, IBM and Océ. Prior to Elixir, Kevin was an analyst in the Travelers Company computer science department where he designed and implemented one of the first electronic publishing solutions linking desktop publishing software to production speed laser printers. Keving holds an M.B.A. in Marketing and Finance from the UCLA Anderson School of Business and a B.A. in Computer Applications and American Studies from the University of Notre Dame.
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Jim Savage, Co-Founder, Longworth Venture Partners, has a single focus - partnering with exceptional entrepreneurs to build leading technology companies. Their team of accomplished entrepreneurs and investors has founded and helped build pioneering companies in the enterprise software, IT services and digital media markets. Longworth is a seed and early-stage venture capital firm staffed by successful, experienced high-tech entrepreneurs. Investments range between $500K and $15M as both lead and co-investor. Beyond capital, Longworth brings companies the operating experience, contacts and industry knowledge they need to succeed. They work intensely with entrepreneurs to help build management, open doors to contacts, accelerate growth and improve operations at every stage of development. Longworth focuses on a small group of companies in markets that they know well, and are able to devote time to each company's needs and serve as a personal resource to the entrepreneur.

Before co-founding Longworth, Jim spent 20 years successfully launching, developing and managing early-stage software and digital media businesses. As CEO of PlanetAll, Inc., the first provider of web-based address book and calendaring services, Jim directed the company from its early venture-funding phase through its acquisition by Amazon.com in 1998 for $100 million. Formerly, Jim was the founding General Manager of ZDNet, the leading web site for computer software and technology buyers and sellers that was sold to CNET in 2000 for $1.3 billion. Before ZDNet, Jim was an Executive Vice President at Simon & Schuster/Prentice Hall, where he directed all online and CD-ROM publishing activities for their tax law and accounting publishing division. Jim started his career managing digital media projects at McGraw-Hill. Jim represents Longworth on the boards of directors of EnvoyWorldWide, Inc., Kaon Interactive, Inc., Roving Software, Inc., and Softricity, Inc. In addition, he is a board member of the Massachusetts Interactive Media Council (MIMC). Jim graduated from Harvard University.
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Larry Genovesi, President, Ammasso Inc., provides cluster networking products that enable high-performance application, database and storage servers to achieve new levels of performance and reliability using low-cost gigabit Ethernet infrastructure. Their products dramatically reduce the total cost of ownership for customers by leveraging their existing investment in Ethernet based infrastructure, training, and personnel while providing very low latency, wire rate throughput and support for emerging high performance application programming interfaces. This performance breakthrough is based on leveraging new, widely supported standards designed to eliminate current performance barriers when using Ethernet in high performance computing applications. Ammasso customers choose clustering to provide high availability, scalability, and cost-effective performance for their medium and large-scale computing applications such as; distributed databases, n-tier datacenter architectures and high performance technical computing configurations. Ammasso is privately held, receiving venture investments from Prism Venture Partners, CDP Capital - Technology Ventures, Inflection Point Ventures, and Velocity Equity Partners.

Most recently, Larry led Network Engines, a developer of high performance server appliances, as President, CEO and CTO. Larry's vision for that company drove its products and its day-to-day operations to a successful IPO. Before Network Engines, Larry was the founder and President of New England Interconnection Devices, a cable interconnect provider. Additionally, he has held a variety of senior technical positions at Microsystems International, CPU Computer Corporation, and Digital Equipment Corporation. Larry was educated at Worcester Polytechnic Institute in Worcester, Massachusetts.
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Moderator:
Larry GrumerManaging Director, Technology Associates & Alliances (TAA) is a management advisory and investment company that helps early-stage technology ventures with go-to-market strategy and capital formation. TAA commercializes technology for these companies and corporate spin-outs…accelerating business and revenue model objectives toward rapid growth, high valuations, strategic partnerships and business transition. TAA helps execute companies' growth strategies through; emerging markets, government initiatives, corporate partnering, sales and licensing to bring the technology research and commercial product concepts to manufacturing, and market realities. Larryhas held profit & loss management positions at Textron (Avco), Arthur D. Little, John Brown Group, and Foster-Miller where he helped effect their business turn-around. He received a BS in Engineering and an MBA with high distinction in International Marketing and Finance concentration from Northeastern University. He has held a Top Secret clearance.
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