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Parature Inc.
8201 Greensboro Drive McLean, VA 22102
(703) 390-9600 | (703) 390-9618 fax
http://www.parature.com
sales@parature.com


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Parature Selected to Present at MAVA Capital Connection 2006 Venture Capital Showcase
Company Chosen by Mid-Atlantic Venture Association as One of the Hottest Companies in the D.C. Region

MCLEAN, VA - May 16, 2006 -- Parature, provider of award-winning, on demand customer support software, announced today that it was one of 37 companies selected from several hundred candidates to present at the exclusive Mid-Atlantic Venture Association (MAVA) Capital Connection 2006 Venture Showcase. Duke Chung, CEO, Parature, will present the company and its Customer Support Solution, a strategic on demand software platform that enables organizations to improve the efficiency and quality of their customer service, thereby raising customer satisfaction levels while reducing costs. With a consistent growth rate of over 100% year over year since its inception in 2000, Parature currently serves over 400 customers from across all industries.
 
Being held at the Mandarin Oriental Hotel, Washington, D.C. on May 30-31, 2006, Capital Connection 2006 will showcase the premiere investment opportunities in the mid-Atlantic region of Maryland, Virginia and the District of Columbia. Expected to attract more than 1,000 attendees from local and national equity firms and entrepreneurial and professional service firms, the fair will provide a unique venue for a select group of local entrepreneurial companies to showcase their businesses.

"As always, we employed a rigorous selection process when choosing the companies that would fill the coveted slots for Capital Connection 2006," said Gina Dubbé, Co-Chair of Capital Connection 2006 and Managing Partner of Walker Ventures. "The companies chosen to participate in the region's premiere venture event join an elite class of regional success stories who all debuted at Capital Connection, including AOL, Advertising.com and UUNet."

Parature's multi-channel, on demand Customer Support Solution provides all of the tools necessary to resolve support issues quickly, manage business relationships effectively, and empower organizations to experience the benefits of on demand support. The world-class infrastructure of the customer support and help desk software enables companies to design customized, integrated business processes that match their unique needs, while the easy-to-use interface delivers a seamless experience to end users. Parature's Customer Support Solution enables companies of all sizes to take their on demand service to the next level.

"Being selected to present at this prestigious event is strong validation of what Parature has already achieved, and affords us the opportunity to share what we're hearing from customers and prospects: that we've developed a 'must have' customer support and help desk solution that addresses their most pressing customer service needs," said Duke Chung, CEO, Parature. "We look forward to presenting at the event and extending our network of business partners that can help us further the company's growth."

For more information about the MAVA Capital Connection event, please visit http://www.capitalconnection.org

About MAVA/Capital Connection 2006

Produced by the Mid-Atlantic Venture Association (MAVA), Capital Connection is one of the nation's most successful and influential venture events. Over the years, MAVA venture fairs have helped to shape the region's entrepreneurial economy, generating more than $2.5 billion of venture investments in the presenting companies. MAVA represents private equity and venture capitalists with investment interests in the mid-Atlantic. Founded in 1986, MAVA provides a wide range of programs, information and forums designed to facilitate quality deal flow, encourage collaboration, and foster relationships with entrepreneurs and investors in order to promote private equity investment. Membership includes more than 500 venture capital professionals representing nearly 125 firms with collectively more than $10 billion in capital under management. In addition, more than 250 key professional service providers from the legal, financial, executive search and consulting fields are also MAVA members. For more information, please visit www.mava.org

About Parature

Parature provides on demand customer support and help desk software, enabling companies to improve their internal and external support while reducing costs. Through its suite of modules, Parature allows companies to provide critical service information on a 24x7 basis via the Internet, resulting in reduction of inbound support load and significantly decreased support costs. With a consistent growth rate of over 100% year over year, Parature serves industry leaders such as Office Depot, ATI Technologies Inc. and Florida State University. For more information on Parature, or to sign up for the FREE 30 Day Trial, please visit www.parature.com.

Media Contact:

     Kim Cornwall
     (703) 390-9600 x116
     kcornwall@parature.com

 

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 Page last updated: May 16, 2006 21:26 EST
 
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