10th December 2009 – Eindhoven – Liquavista has been selected to compete in the final of the Eurecan European Venture Contest as one of the best 25 high tech companies selected from over 750 participants throughout 2009. ICT, Cleantech and Healthcare companies from all over Europe have competed to win the approval of international investors and make it to the Final 25 that were selected to compete in the final in Barcelona on 14-15th December.
“It’s clear that investors see the huge opportunity for Liquavista to make a profound impact on the display industry by offering major advantages such as low power consumption and readibility in all lighting conditions to customers” Said Guy Demuynck, Liquavista’s CEO. “To now be part of the Top 25 companies shows we are a true contender for the title, and clearly reflects the excitement there is in the outside world on our current work as well as on our future plans and roadmaps.”
Charles Van Costenobel, Eurecan - Corporacción CAN Capital Semilla / Negocios Emergentes , commented “the Eurecan European Venture Contest proves that good technologies will always emerge and succeed, regardless of market conditions.”
William Stevens, CEO of Europe Unlimited commented “The Eurecan European venture Contest is a true celebration of high tech entrepreneurs in Europe. All presenting companies at the Summit have earned their place through impressing investors across Europe and this brings together a critical mass of the most talented emerging businesses.”
The 2009 edition involved 10 European locations across Europe in Austria, Belgium, Denmark, Germany, Italy, the Netherlands, Poland, Portugal, Spain and the UK. The winner will receive recognition as one of the most innovative companies at an international level and a prize of 90,000 euro. Many of the previous finalists have since successfully raised capital and expanded their business.
About Liquavista – www.liquavista.com
Liquavista offers a new type of electronic screen technology that will change the way we interact with mobile phones, media players, electronic readers and other mobile devices. Liquavista’s displays create bright and colourful images that ensure excellent indoor and outdoor viewability and use dramatically less battery power. Users can engage with their favourite applications for longer before a recharge is necessary and battery sizes can be reduced allowing devices to be thinner and lighter.
The company’s ultimate vision is to build on the extraordinary optical performance and unique power efficiency of its technology to lead a green revolution in low power displays for notebook PCs, desktop monitors and televisions.
Liquavista was founded in 2006 as a spin-out from the world famous Philips Research Labs in Eindhoven. The company is backed by Amadeus Capital, GIMV and Prime Technology Ventures. It is headquartered in Eindhoven, the Netherlands.
About Europe Unlimited
Europe Unlimited delivers investment forums for young, high tech companies across Europe. Together with its online community of investors and entrepreneurs at www.e-unlimited.com, Europe Unlimited has delivered investment forums this year including the Nordic Venture Forum, Benelux Venture Forum, Cleantech Invest 2009, European Investment Summit and Tech Media Invest, 2009.