Vendor Safe Wins Top Award at the Rice Alliance

PRLog (Press Release) - Mar 11, 2010 -
HOUSTON - Vendor Safe Technologies was named one of the most promising I.T. companies by Rice Alliance for Technology and Entrepreneurship this past month. The technology company was chosen from more than 50 presenters and judged by the Rice Alliance I.T. and Web 2.0 Advisory Board. Entries that won were selected based on their technology and business acumen.

“Vendor Safe has implemented a highly secure Self-Configuring Firewall Architecture™ that protects brick and mortar merchants who process credit cards to keep credit card information safe,” says Chris Melson, President and Chief Executive Officer of Vendor Safe. “We also enable merchants to comply with the Payment Card Industry’s Digital Security Standard which is required to process credit cards—plus we can achieve all of this in 30 days.”

The event had more than 400 attendees, including investors, industry representatives, business leaders, service providers and entrepreneurs. The forum was supported by Andrew Kurth, Austin Ventures, Sevin Rosen Funds, Trailblazer Capital and Rice University.

The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) is Rice University’s nationally-recognized initiative devoted to the support of technology commercialization, entrepreneurship education, and the launch of technology companies. It was formed as a strategic alliance of three schools: the George R. Brown School of Engineering, the Wiess School of Natural Sciences and the Jesse H. Jones Graduate School of Management.
Since inception, the Rice Alliance has assisted in the launch of more than 250 start-ups which have raised more than half-a-billion dollars in early-stage capital. More than 750 companies have presented at the 100+ programs hosted by the Rice Alliance.