Mingleverse Wins Best “First Look” Company At Canadian Financing Forum

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Mingleverse Laboratories and their next-generation communications platform were selected to receive the award for Best "First Look" Company at the Canadian Financing Forum.

Mingleverse Laboratories (http://www.mingleverse.com), a entirely new online communications platform, won the award for Best “First Look” Company at the 13th Annual Canadian Financing Forum that took place in Vancouver on January 28th, 2010. The Financing Forum features presentations from the best and most promising private technology companies in Canada, with 30 technology companies competing for attention from over 70 top tier investors from across Canada and the United States. "We were pleased to have a strong group of Presenting Companies this year. They drew a lot of investor interest. The award winners were especially strong - a good sign for the future", commented Dave Thomas, Financing Forum General Manager.

Mingleverse’s platform represents the start of the next generation of live web communications. Mingle Rooms are a real-time, 3D voice, video and multimedia communication service that are accessed from within a web browser, allowing anyone to instantly engage with up to 50 others in an inexpensive but highly realistic and immersive way that no telephone or text system could ever provide.

“We are all very pleased that the attendees at the Canadian Financing Forum Awards recognized Mingleverse as the top “First Look” Company for 2010”, said Ron Stevens, Co-Founder and CEO, “and with a small and dedicated team of just six people this award is a tremendous validation and morale boost for our tireless engineering efforts in developing the first 3D voice and visual immersive communications service. Over the last four months we have experienced fantastic growth in 164 different countries and this award further strengthens our goal to pioneer big changes in the communications industry by providing a fun, interactive service for everyone to connect 2 to 50 people instantly in 3D audio space”.

Mingleverse's recent growth has also won them a spot on the Rocket Builders "Emerging Rockets" list for 2010.

About Mingleverse
Mingle Rooms are flash based 3D rooms that resemble real life venues all within your browser window, which means they are ready to use now from most internet devices. Mingle Rooms are the 1st to merge visual telecommunications, and a high def 3D audio experience, as well as capabilities to stream recorded/live video and display presentations.

Since public beta launch in September 2009, Mingleverse has hosted over 18,000 multi-person Mingles and Minglers have registered over 11,000 metric tonnes of carbon offsets by meeting online. Mingleverse starts with a generous free service along with a premium service starting at just $9/month.
More Information: http://mingleverse.com

About the Canadian Financing Forum
The Canadian Financing Forum is the leading showcase for venture capital investment in Canadian companies focused on information technology, and cleantech & advanced technology. It was founded in 1995 as a joint venture between Macdonald & Associates and CanadaIT.com, the leading Web gateway to news and information concerning the Canadian tech industry. For additional details, please visit: http://www.FinancingForum.com

About Rocket Builders
Rocket Builders is a market strategy and consulting firm focused on helping businesses to capitalize on market opportunities. Their "Emerging Rockets" list profiles technology companies from multiple technology sectors with great potential for investment and market breakthroughs in the coming year. More information: http://www.rocketbuilders.com/

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Daniel Ruscigno

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