Thursday April 27, 5:42 pm Eastern Time
Company Press ReleaseSOURCE:
iClips One of 26 Companies Selected to Present at NYNMA's Venture Downtown
- Chosen From Among 400 Competitors for Prestigious NY Venture Event. -
NEW YORK, April 27 /PRNewswire/ -- iClips Inc., the developer of a free,
Web-based streaming video messaging service, was selected as one of 26 new
media companies to pitch at NYNMA's Venture Downtown, being held on May 1,
2000 at the Hilton NY.
The 26 companies were selected from 400 applicants
after a rigorous screening process.
NYNMA's Venture Downtown is recognized as
the premier Venture Capital event in New York City, attracting nearly all of
the major New York investors.
Past presenters include Agency.com, Kozmo and
iClips Inc. has developed a free Web-based streaming video messaging
service that gives all Web users the ability to send and share streaming video
messages by email and in online communities.
The service is primarily
marketed to distribution partners, such as large online communities and
portals, where iClips tools and video messages are offered to their users in a
People can also use the service at the iClips Web
site at http://www.iclips.com.
The service derives revenues from streaming
video advertising, e-commerce and subscriptions, and membership grows in an
exceptionally viral manner.
``iClips joins past Venture Downtown success stories such as Hotjobs.com;
Kozmo.com; Agency.com; Flooz.com; and iVillage and is well poised to succeed
as they did,'' said Alice Rodd O'Rourke, Executive Director of NYNMA.
4th Venture Downtown Conference has been the most competitive yet.''
``We are extremely excited to be a presenting at NYNMA'S Venture Downtown,''
said iClips CEO, Michael Diamant.
``Venture Downtown is the largest and most
prestigious group of investors I've ever pitched.
I also see our selection as
a partial validation of our business model, which is unique, and our company,
which is poised to help transform Web communications.''
About the Company
iClips was founded in October 1999 by President and CEO Michael Diamant,
who most recently served as founder and President of T3 Media, Inc., a leading
New York interactive agency.
iClips is a privately-held New York corporation
headquartered at 584 Broadway, Suite 610, New York, NY 10012.
information visit the company's website:
http://www.iclips.com or contact
iClips at 212-625-8444 or at firstname.lastname@example.org.