Presenting at the Kairos Summit

Following a successful presentation to the Weiss Tech House Innovation Fund Committee, Ryan Goldstein, President/CEO, was approached by Ankur Jain, founder of the Kairos Society. Ankur personally invited Ryan to join this invite-only society of the country’s leading entrepreneurs.

We were recently notified that we have been selected to present ChronoWake at the exclusive, invite-only Kairos Summit, being held aboard the USS Intrepid aircraft carrier on April 3-4, 2009. Some of the distinguished speakers include:

  • Bill Clinton: 42nd President of the United States.
  • William Gates Sr.: Co-Chairman of the Bill and Melinda Gates Foundation.
  • Admiral Bill Owens: Former Vice Chairman of the Joint Chiefs of Staff.
  • Scott Mednick: Founder of Legendary Pictures and Mandalay Entertainment.
  • Naveen Jain: CEO of Intelius Inc.
  • Ellen Kullman: CEO of DuPont.

In attendance will be 500 of the country’s most innovative students from the nation’s top universities, business and political leaders, and local, national, and global media. We are extremely fortunate not only to have been invited to this event, but to have been invited to present our venture to the hundreds of attendees.

Watch a CNN interview with Ankur, founder of the Kairos Society, and view the press release for this event. The ChronoWake Team is eagerly anticipating presenting at this spectacular venue on the flight deck of the USS Intrepid aircraft carrier!

PennVention Finalist Selection

We are thrilled to announce that ChronoWake has been selected as one of 10 ventures to advance to the final round of PennVention. Past PennVention finalists have been covered in major media outlets such as Reuters. On Friday, April 10, 2009, we will compete with nine other selected ventures for over $60,000 in cash and services at the annual Innovation Fair. An excerpt from the PennVention Committee’s selection notification email:

Congratulations! You have made the final round for PennVention. Our judges felt that your idea was one of the best submitted. Looking forward, the next round will consist of your team giving a ‘pitch’ of your idea to judges and a live audience on Friday, April 10th.

We would like to thank the Weiss Tech House and the PennVention Committee and Judges for the distinction of being selected a PennVention finalist. In addition to the prizes, selection as a finalist certainly enhances our reputation and eminence among not only Philadelphia’s entrepreneurial community, but also on a national and global scale.

Venture Capital Partnership

Earlier today, Ryan Goldstein, President/CEO, met with the managing director of a large Philadelphia-based venture capital firm. Because of the great potential evident in our venture, ChronoWake has been offered pro bono legal services for intellectual property protection (patent filing), as well as full support in furthering our venture objectives.

So far, ChronoWake management has not had to concede any equity in the company (the founders are retaining 100% ownership). We are very enthusiastic about, and thankful for, the valuable services and support provided to us without cash or equity in return. We avidly anticipate a mutually beneficial partnership with this firm.