Ron Blum stated, “We are most honored and humbled to have Harry Edelson as our board chairman.
(PRWEB) August 15, 2016
Mr. Harry Edelson has been appointed Chairman of the Board of PogoTec™ (http://www.PogoTec.com). Mr. Edelson is the former Managing Partner of Edelson Technology Partners where he was responsible for all of the ETP funds. He is highly respected in both the technology and financial industries and is one of the most prominent and successful venture capitalists on the East Coast. He has served on 150 boards; 12 as chairman.
Ron Blum, Founder and President of PogoTec™ stated, “We are most honored and humbled to have Harry Edelson as our board chairman. Harry brings with him an amazing breath of experience, relationships, and credibility. We plan on utilizing his expertise to the fullest.”
Mr. Edelson’s career has been defined by his limitless energy, outsized results, and unique background combining technology and Wall Street analyst experiences. Mr. Edelson’s venture capital performance over a 20-year span was rated number one versus all venture capital firms in the Eastern United States by two of the four leading auditing firms. The annual return (IRR) for his funds averaged 27%, even through the disastrous stock market decline of 2000-2002. The Edelson Technology Partner funds were the lead venture capital investor in 11 early stage companies that grew to have market capitalizations of more than $1 billion and up to $100 billion. This was accomplished in part by Harry’s instigation and support of numerous M&A transactions.
“I have been fortunate during my career to have invested in 11 Unicorns (young companies that achieved a valuation of $1B or more)”, said Edelson. “I believe that PogoTec has the ability to become my 12th. That is why I am so excited to assist PogoTec as its Chairman. PogoTec™ has the potential to completely revolutionize the way consumers take digital images and videos, making it much more convenient and simple for the masses to capture the important moments in life.”
PogoTec™ has invented, developed, and plans to launch in Q2 2017: 1. Pogo-Cam™ - a proprietary camera that is the world’s smallest camera attachable / detachable to / from eyewear. No longer will one have to look at their smartphone display when taking a photo or video. With Pogo-Cam™, all one needs to do is simply “Look & Shoot.” 2. Pogo-Track™ - a proprietary track which can be integrated into most any eyewear frame allowing a camera and other electronic devices to be attached while maintaining the fashion look of the eyewear frame. 3. Pogo-Power™ - a proprietary wireless power system that was originally developed to wirelessly charge Pogo-Cam™ but has applications that are far broader.
Jim Barney, Vice President of Pogo-Cam™ Partnering said, “As of today, we have been most fortunate to have signed up channel launch partners having the ability to promote PogoTec™ product offerings in over 100,000 locations. Our plan is to launch at Vision Expo East 2017 with these partners. We are presently adding additional channel partners for 2018 and beyond.”