Woodland, CA (PRWEB) September 17, 2009
Puroast Coffee Co. has been recognized as a New California 100 Innovative Business by Golden Capital Network and Hamilton Lane. New California 100 businesses are some of the most innovative companies in the state representing California's commitment to innovation, entrepreneurship, and workforce competitiveness.
Approximately 100 companies throughout the State of California received this prestigious recognition from over 400 nominations. New California 100 Businesses will be recognized during a luncheon awards ceremony at 11:45am-1:15 pm on September 22, 2009 at the New California 100 Conference in Sacramento's Sheraton Grand Hotel.
New California 100 Businesses are market leading, privately held companies that have been selected based on the uniqueness of their innovation, competitive advantages, and positive impact on California's job market and overall economy now and into the future.
"These innovators are powerful job-creating machines," said Jon Gregory, CEO/President of Golden Capital Network. "We believe innovation and entrepreneurship are the drivers of economic growth in California and these Innovation All-Stars are models for our state."
So what's so Innovative about Puroast Coffee Co.?
Puroast® Low Acid Coffee has a patented roasting technology which controls how the heat is delivered to the gourmet coffee beans during roasting process. This innovative technique offers important benefits to Californians:
- Sustainability - Puroast® Low Acid Coffee offers organic fair trade coffee and was awarded the Seal of Sustainability by the Sustainable Business Institute of San Jose, California. 90% of the energy they use comes from renewable resources, unique among US food and beverage manufacturers.
- Acid Reduction - coffee traditionally has a high level of acidity causing many to stop drinking their morning pick-me-up. Puroast® Low Acid Coffee removes over 50% of the acid which has allows heart burn suffers to drink without a flair up - as clinically proven by the research of Dr. Taka Shibamoto of the University of California at Davis.
- Gourmet Taste - The ultimate benefit is that Puroast® Low Acid Coffee delivers unadulterated 100% gourmet taste as proven in a taste test conducted by Newsweek Magazine
About Golden Capital Network:
Golden Capital Network leads by stimulating economic vitality through early stage private equity investment, connecting innovative entrepreneurs, active investors, service providers, and policymakers to share the insights, risks, and rewards of innovative collaboration. Our purpose is to facilitate entrepreneur and investor networks to provide capital, expertise, and resources for building world-class companies. Golden Capital Network provides communities with the capabilities to maximize the value of their own social capital networks for accelerating their homegrown entrepreneurs. Since 1999, Golden Capital Network's 1,000+ alumni companies have raised more than $1.3 billion in capital. Golden Capital Network alumni companies include NovaBay Pharma (IPO); InterVideo (IPO), StubHub (acquired by Ebay), Security Focus (acquired by Symantec); PowerSchool (acquired by Apple); MaxPreps (acquired CBS), Meridian Systems (acquired by Trimble), and Hanson Information Technology (acquired by Information Global Systems).
About Hamilton Lane
Hamilton Lane is an independent financial institution that provides discretionary and non-discretionary private equity asset management services to sophisticated investors worldwide.
Founded in 1991, Hamilton Lane has grown to over 110 employees, with over $94 billion in total assets under management and supervision including over $12 billion of assets under management for managed accounts. Hamilton Lane clients include a number of the world's largest institutional investors, as well as many mid-sized and smaller institutions.