Capital Factory Announces Final 10 mentors; Startup Incubator Finalizes Roster of Entrepreneurial Excellence

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One month after its launch, Austin-based Capital Factory, a new technology incubator program, announced the names of its final 10 mentors, bringing the total to 20 proven technology entrepreneurs, including founders Joshua Baer, Sam Decker and Bryan Menell. The deadline for startups interested in applying to be part of the Capital Factory program is March 27, 2009 (application is online at http://www.capitalfactory.com/apply.html).

One month after its launch, Austin-based Capital Factory, a new technology incubator program, announced the names of its final 10 mentors, bringing the total to 20 proven technology entrepreneurs, including founders Joshua Baer, Sam Decker and Bryan Menell. The deadline for startups interested in applying to be part of the Capital Factory program is March 27, 2009 (application is online at http://www.capitalfactory.com/apply.html).

The newly released list of additional mentors who will work hands-on with Capital Factory winners include:
o    Andrew Busey is one of Austin's most prolific entrepreneurs. He is currently the founder and CEO of Challenge Games, a publisher of short-form online games funded by Sequoia Capital and Globespan Capital. Before that he co-founded Pluck in 2003, funded by Austin Ventures, the Mayfield Fund, and Reuters, and recently acquired by Demand Media. Previous to that, Andrew co-founded living.com and iChat.
o    Russell Hinds is a serial entrepreneur, with a dual background in technology and real estate investment. He previously served as Chairman and COO of Sponsorwise, and Managing Director of RSH Ventures, an angel investment fund partnership. Russell was also with Virage Logic Corp, Vitesse Semiconductor Corp, and RSH Investments that focused on real estate and technology, responsible for a $6 million portfolio of properties.
o    Kip McClanahan's career spans nearly twenty years across the security, networking, communications and software industries. Kip has served as both CEO and board member to public and private companies, including 3Com/TippingPoint, Motive (and it's BroadJump acquisition) and NetSpeed, collectively returning more than $800 million in gains to shareholders through IPO or M&A. Presently, Kip is founder of ON Networks, a new media company.
o    Adam Moore is the co-founder, and serves as co-president, of Springbox, an interactive agency. From 2001 to 2004 he managed all business development and client acquisition at T3 (The Think Tank). Prior to that, Adam managed Dell's Small and Medium Business (SMB) online group.
o    Marc Nathan currently advises several startup companies as a Director of Development at the Houston Technology Center. He is also the Marketing Chairman of the Houston Angel Network, and an investor in early stage companies.
o    John Price drives business development and partnerships for Vast.com. Before that, John was vice president of sales and business development at BetweenMarkets. Prior to that, John spent 11 years as vice president of marketing and business development at enterprise software company Trilogy, Inc, where he was critical to the company's growth from $0 to $250 million in revenue.
o    Mellie Price, founder and CEO of Front Gate Tickets, brings over 15 years experience as a successful entrepreneur and senior executive in the information technology and entertainment sectors. Previously, Mellie was a co-founder of Symbiot Security and before that, vice president of the Media, Entertainment and Communications division of Sapient, joining through its 2000 acquisition of Human Code.
o    Yvonne Tocquigny began her advertising career as a passionately creative art director, founding Tocquigny in 1980, evolving over time from creative shop to full service agency with interactive marketing services, database analytics and research expertise.
o    Michael Trafton is the founder and CEO of Blue Fish Development Group, a software consulting firm providing Enterprise Content Management solutions to Fortune 500 companies. Through this, Michael has become a recognized expert in Enterprise Content Management, authoring several articles on the subject and speaking in the industry.
o    Marc Yagjian is an entrepreneur, investor and advisor to early stage technology companies. He is currently a managing director of Origin Partners, an early-stage venture capital fund he co-founded in 1999. Previously, Marc was a co-founder of Tivoli Systems, a pioneer in systems management and enterprise software, purchased by IBM following its own strong IPO.

About Capital Factory:
Capital Factory is a startup technology incubation program, based in Austin, Texas. Chosen companies participate in an intense 10-week summer program that gives them up to $20,000 in cash, mentorship by a group of startup veterans, and over $20,000 in services. The program culminates in a demo day which is streamed live on the internet, and attended by angel investors, VC's, and the media. For more information on Capital Factory, visit the website at http://www.capitalfactory.com.

For press inquiries, contact:
Caroline Traylor
Porter Novelli
512-241-2239

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