MindValve Invited to CED InfoTech 2002 Conference

The Council for Entrepreneurial Development (CED) has invited MindValve, a developer of predictive analytics software, to present its application and business plan to the InfoTech 2002 conference. David Maw, CEO of MindValve, and John Glushik, a principal at Intersouth, a venture capital firm, are quoted.

FOR IMMEDIATE RELEASE

Contact: Jeffrey Phillips at MindValve

MindValve SELECTED TO DEMO AT CEDS
INFOTECH 2002 CONFERENCE

Company creates customer satisfaction, retention and loyalty applications for the banking industry

Research Triangle Park (September 9, 2002) -- MindValve, a developer of predictive analytics for the banking industry, was selected to demo its Satisfaction, Loyalty and Retention (SLR) application at the Council for Entrepreneurial Developments (CED) InfoTech 2002 conference.

Presented by CED, in partnership with The IndUS Entrepreneurs (TiE) Carolinas and the Kenan-Flagler Business School, CEDs InfoTech 2002 is the Southeasts premiere information technology industry conference. InfoTech 2002 will provide IT entrepreneurs, industry experts, technology executives, and investors opportunities to network and to explore critical issues affecting the IT industry.

The 12th annual conference will be held in Research Triangle Park, North Carolina on October 29-30 at The Sheraton Imperial Hotel & Convention Center. Last year close to 900 attended CEDs InfoTech 2001.

More than 20 companies will be competitively selected to showcase their technologies in the Demo Rooms throughout the day on Wednesday, October 30.

"InfoTech is a showcase for entrepreneurial firms in North Carolina, and we are pleased to include
MindValve in the conference. MindValve's predictive analytics solve significant problems in customer satisfaction, loyalty and retention for the banking industry" said John Glushik, a principal at Intersouth Partners and a selection committee member. "MindValve is yet another example of a great technology and an experienced entrepreneurial team coming together in this region."

MindValve is excited to be a part of the Infotech 2002 conference, said David Maw, CEO of MindValve. This is a great opportunity to present our applications for customer satisfaction, loyalty and retention in the banking industry to potential partners and investors in one of the most prestigious events in the Southeast."

For more information about CEDs InfoTech 2002 or to register, visit
www.cednc.org/infotech/2002.

About MindValve
MindValves SLR applications provide dynamic analysis of customer satisfaction, loyalty and retention for managers and senior executives delivered through intuitive dashboards. Our products are targeted to the banking and financial services industries, and include the SLR Barometer and the Migration Manager. For more information on MindValve, see our Website at www.mindvalve.com.

About CED

The Council for Entrepreneurial Development, located in Research Triangle Park, NC, is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and monthly programs on entrepreneurial management and finance. CED is the largest entrepreneurial support organization in the nation with more than 5,000 members representing 1,200 entrepreneurial companies, financiers and professional firms. http://www.cednc.org

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