Philosopher's Stone Ventures Becomes a Sponsor to San
Diego Ventureplex
Redondo Beach, CA, December 18, 2001 - Philosopher's Stone
Ventures announced today that they will become a sponsor
to San Diego Ventureplex.
Ventureplex is a comprehensive, specialized resource provider
for start-up enterprises and their entrepreneur founders.
The goal of the Ventureplex Team is to provide the capital
resources and business infrastructures necessary to help
emerging companies grow and become successful. Thus allowing
the emerging companies to focus on strategic priorities,
such as product development and launch; activities that
will result in accelerated time-to-market.
"Ventureplex has re-invented its strategy and offerings
to meet the current needs of emerging companies," said
Dante Fichera, managing director of Ventureplex. "Ventureplex
understands the current funding environment and provides
expert resources and advisory services through our sponsors."
Philosopher's Stone Ventures is also an incubator focusing
on high technology start-ups and ventures. They will be
providing their technical and business expertise to assist
Ventureplex. Jenny Sakhrani, CFO of Philosopher's Stone
Ventures, notes, "Ventureplex offers capital resources
and business infrastructures to start-up companies, which
is an excellent match for Philosopher's Stone Ventures as
we are a virtual incubator that will provide the technical
and business support."
Philosopher's Stone Ventures is a platinum sponsor along
with RippleImpact, Razorwire Security, Verio and Insure HiTech.
Brenda Harris
Philosopher's Stone Ventures
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@philstone.com
http://www.philstone.com
The Philosopher's Stone is a mythical substance that can
transform lead into gold, and produce the Elixir of Life
that makes the drinker immortal. Philosopher's Stone Ventures,
as a technology incubator, has similar transformative powers:
turning the innovative ideas of our entrepreneurs into successful,
groundbreaking, money-making businesses.
