Pricelock Named Winner of 2013 TiE50 “Top Startup”

REDWOOD CITY, Calif. - May 21, 2013 - PRLog -- Pricelock (http://www.pricelock.com/), a leader in online energy auctions, has announced today that it has been named Winner of 2013 TiE50 “Top Startup” Award at TiEcon 2013, the world’s largest conference for entrepreneurs. Pricelock was among six energy companies globally who won this honor on Saturday, May 18 at the Santa Clara Convention Center.

“We are honored to be recognized as a 2013 TiE50 Winner,” said Naveen Agarwal, CEO of Pricelock. “This award is validation that energy markets are ready for new technology to bring transparency and efficiency to both buyers and sellers. We are looking forward to launching several products this year that will connect energy industry players (https://www.pricelock.com/naturalgas/commercial?supplier=true) and transactions like never before.”

Speaking to a global audience at the TiEcon 2013 awards ceremony, the conference Chairman and President of TiE Silicon Valley, Venkatesh Shukla said, “The TiE50 program screened 1,142 companies from 24 countries and 50 best-of-breed companies were announced winners." Ram K. Reddy, Program Chair adds, “About 110 finalists and winners had successful exits.”