February 16, 2010 | Arlington, TX – HeatGenie is among the over 100 companies and technology innovators from across the nation and around the world that will compete for top honors at the WBT2010, March 16-17 in Arlington-DFW, Texas.
HeatGenies’s patented, self-heating technology, which can be easily integrated into consumer packaging to heat food and beverages “on the go”, will be rigorously prepped by WBTshowcase commercialization experts to present to participants including venture capitalists and Fortune 1000 licensees. Over 500 professionals attended last year’s event.
“The conventional wisdom for venture capital is that a down economy can be a great time to invest,” said Paul Huleatt, WBTshowcase CEO. “The pace of new innovations accelerates, the best deals rise quickly to the top and sophisticated investors receive great value for their money.”
According to Mr. Huleatt, one in three WBTshowcase presenters goes on to secure venture funding, license their technology, or sell their IP outright, representing over $450 million raised to date.
“We are pleased to have been chosen to present at this prestigious event”, says Brendan Coffey, President and CTO of HeatGenie. “This is a great opportunity for us to showcase our technology to prospective investors and licensees”.
Mr. Huleatt highlighted that the companies groomed to present at the WBTshowcase leave with new knowledge and contacts to take their technologies to the market and beyond.
HeatGenie is in the process of raising angel funding and will provide information and “live” demos at the showcase.
