TiEcon 2015 Announces Altia Systems TiE50 Award Winner

In

May 19, 2015 – SANTA CLARA, Calif.–(BUSINESS WIRE) — Maker of PanaCast 2 Panoramic-4K video camera recognized as one of 50 Hottest Tech Start-Ups out of over 2,700 Applicants Worldwide. Altia Systems – a Gartner® Inc. 2015 Cool Vendor in Unified Communications – today announced it is a winner of the TiE Silicon Valley – TiE50 Award. This year’s award coincides with Altia Systems’ introduction of the PanaCast® 2 video camera, the industry’s first Panoramic-4K Plug-and-Play USB video camera.

“TiE50 attracts great companies from around the world, and so we deeply appreciate this recognition for PanaCast and our team, partners and customers as we together transform how people see and connect electronically”

With its 180° wide, 54° tall field of view and Panoramic-4K resolution, PanaCast 2 delivers exceptionally clear video with a natural human perspective. It helps people collaborate more effectively, improving productivity. The new product simply plugs into a computer’s USB port and works with popular web collaboration apps, like Skype and WebEx.

“TiE50 attracts great companies from around the world, and so we deeply appreciate this recognition for PanaCast and our team, partners and customers as we together transform how people see and connect electronically,” said Aurangzeb Khan, President and CEO of Altia Systems. “Our new PanaCast 2 Panoramic-4K video camera further improves participants’ natural human perspective and enhances popular collaboration services with industry-leading resolution, clarity and speed, in a small, personal, go-anywhere, Plug-and-Play device. With the optional PanaCast Experience cloud service, we give each participant personal control over how they engage and participate, extending the natural human experience to electronic meetings and gatherings.”

“TiE50 has become a global brand that attracts thousands of companies worldwide. We screened 2,716 companies this year and announced the most innovative 160 companies as 2015 TiE50 Top Start-ups. This pool of the very best-of-the-breed is again subjected to another round of rigorous judging to pick out the ultimate 50 winners proudly carrying the 2015 TiE50 Winner recognition. A star attraction of the conference is TiE50 presentations. Audiences are treated to amazing ideas and innovative technologies,” said Ram K. Reddy, the program chair.

“It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley’s most successful programs. It is also worth mentioning that this is the only awards recognition in technology to be held by a large global non-profit organization with no fees. A team of about 60 highly accomplished domain experts, senior executives, accomplished and experienced venture capitalists, and tech entrepreneurs come together to form a screening and judging team,” said Venktesh Shukla, President of TiE Silicon Valley. The TiE50 track record since its inception in May 2009 shows that more than 90% get funded within the first year. About 120 of these companies have already exited. For further details on the TiE50, visit www.tie50.org.

About Altia Systems®, Inc.

Altia Systems® (altiasystems.com) is a venture-backed company based in Cupertino, California, and creator of the PanaCast® cameras and PanaCast® Experience service. The award-winning PanaCast® solution is the first and only video and desktop collaboration system that enables anyone with a desktop or mobile device to communicate interactively, in real-time, through a panoramic field-of-view video which replicates the natural human visual perspective.

For more information, visit altiasystems.com or see a demonstration video at http://www.vimeo.com/126651914

Follow @PanaCast1 on Twitter® for updates.

About TiEcon:

TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. TiEcon 2015 attracted 4,700+ attendees from across the world – including CEOs of established companies to first-time entrepreneurs creating new companies, to leading investment professionals and corporate executives. TiEcon was listed by Worth Magazine as one of the 10 best conferences for ideas and entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://www.tiecon.org/.

About TiE:

TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. We consider entrepreneurship to be the single most powerful instrument to advance global prosperity. TiE is a global network of over 60 chapters in 17 countries with a worldwide membership of about 14,000 that include successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit www.tie.org.

PanaCast® and Altia Systems® are trademarks of Altia Systems®, Inc. All other trademarks, trade names, brand names, company names and/or logos appearing in this news announcement are the property of their respective owners.

Contacts

BYPR
Belinda Young, 206-932-3145
byoung@bypr.com

or

Altia Systems
Erin Cowles, 408-996-9710
Erin.Cowles@altiasystems.com