Showcase aimed at financial backing

The largest international conference to date, focusing on the Irish technology industry and the investment community is to be…

The largest international conference to date, focusing on the Irish technology industry and the investment community is to be held in Dublin in February.

The event - SummIT 2001 - will showcase the Irish technology industry and enable greater networking between investors and decision-makers from Europe and the US with their Irish counterparts.

More than 35 private technology companies from Ireland will make presentations over the course of the two-day event. Companies include Buytel, Massana, Eware and Managed Solutions Corporation.

A number of venture capitalist and corporate investors such as Intel, Cisco, Motorola and PricewaterhouseCoopers will also speak at the event.

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The event is being co-hosted by Goodbody Stockbrokers, IBM and Tornado-Insider.com, the technology news online magazine. Tornado will be running a special 16-page section in their November issue focusing on Ireland and the presenting companies at the conference.

Mr Liam Kiely of Goodbody Stockbrokers technology group, said the conference would bring the kind of international strategic investors to the Republic who would be able to develop technology companies business plans rather tha just offer private financing.

"Despite what many venture capitalists may say, I still think we have a little bit of undersupply in financing in Ireland," he said. The event is being sponsored by PricewaterhouseCoopers and the US law firm Mintz Levin. it will cost participants €595 which includes an entry to a gala dinner.