By providing the opportunity to interface with a wider range of private growth companies, we are striving to satisfy the changing needs of companies and investors alike. The impressive line-up of industry leaders on our agenda and our expanded focus will serve to drive more investment in companies in the mid-Atlantic region.
Reston, VA. (Vocus) May 27, 2008
Approva® Corporation (http://www.approva.net)], the leading provider of controls intelligence software, announced today the company’s CEO, Prashanth “PV” Boccasam, will present at this year’s Mid-Atlantic Venture Association’s Capital Connection 2008 event, taking place May 27-28 at the Baltimore Marriott Waterfront Hotel. Thirty-three early through expansion stage companies – representing a wide range of industries, including e-commerce, Internet, media, security, software and wireless – were chosen through a competitive process to address the audience of prominent investors with information about their leading-edge technology companies.
Approva was selected to represent later stage growth companies among a pool of highly competitive applicants. Boccasam’s session – taking place on Tuesday, May 27th, Presentation Room #2, 5:00 - 5:15 pm EDT – will share Approva’s success in helping Global 2000 and audit and risk advisory firms to implement effective governance, risk and compliance strategies. During the presentation, Boccasam will discuss the growing demand for innovation in audit and compliance technologies, and how controls intelligence solutions like the Approva BizRights® Platform and Controls Intelligence Suite Version 4.1 have helped marquee brand names establish themselves as benchmarks for good corporate governance. Approva is backed by leading venture capitalists New England Associates (NEA), Sierra Ventures, Novak Biddle and Columbia Capital.
“As our market has significantly advanced, the investment needs of our members have matured over the years and this event has evolved with them,” said Julia Spicer, Executive Director of MAVA. “By providing the opportunity to interface with a wider range of private growth companies, we are striving to satisfy the changing needs of companies and investors alike. The impressive line-up of industry leaders on our agenda and our expanded focus will serve to drive more investment in companies in the mid-Atlantic region.”
About MAVA’s Capital Connection 2008
Produced by the Mid-Atlantic Venture Association (MAVA), Capital Connection is one of the nation’s most successful and influential venture events. Over the years, MAVA venture fairs have helped to shape the region's entrepreneurial economy, generating more than $2.7 billion of venture investments in the presenting companies. MAVA represents private equity and venture capitalists with investment interests in the mid-Atlantic. Founded in 1986, MAVA provides a wide range of programs, information and forums designed to facilitate quality deal flow, encourage collaboration, and foster relationships with entrepreneurs and investors in order to promote private equity investment. Membership includes more than 500 venture capital professionals representing nearly 125 firms with collectively more than $90 billion in capital under management. In addition, more than 250 key professional service providers from the legal, financial, executive search and consulting fields are also MAVA members. For more information, please visit http://www.mava.org.
Approva® Corporation is the leading provider of controls intelligence software and is the industry standard for three of the five largest audit and advisory firms. We automate controls across SAP, Oracle, JD Edwards, PeopleSoft and other legacy ERP applications. Global companies such as Bayer, Colgate Palmolive, DirecTV, Discovery Communications, First Advantage, Honeywell, P&G, Pratt & Whitney, Siemens and T-Mobile rely on Approva to reduce compliance risk, increase operational efficiency and flag exceptions to their business controls. Approva has certified integrations with Microsoft, Sun Microsystems, IBM and SAP to provide a holistic GRC solution. For more information, visit http://www.approva.net or call us at +1-703-956-8300.
priya.ramesh @ approva.net
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