Tuesday, May 12, 2009

BioTRAiTS, Inc. Selected to Present at Florida Venture Forum’s Early Stage Capital Conference May 15

BioTRAiTS, Inc. Selected to Present at Florida Venture Forum’s Early Stage Capital Conference May 15

ORLANDO, Fla. – BioTRAiTS, Inc., a biometric technology company that provides private companies and public agencies with customized software and hardware solutions for access control and time & attendance tracking, has been selected to present at the Florida Venture Forum’s Early Stage Capital Conference on May 15 at Omni Orlando Resort at ChampionsGate.

Peter A. Wengert, president of BioTRAiTS, Inc., said their selection represents a significant milestone in the company’s growth.

“The Early Stage Capital Conference is a gathering of potential investors from across the country looking for emerging enterprises that promise substantial returns,” he said.

“We are already in the market with a powerful package of solutions that can benefit almost any business,” Wengert said. “We make access control as well as tracking, accounting and control of worker time, attendance and project responsibilities almost effortless and absolutely accurate,” he said. “Additional capital will enable us to ramp up our expansion and become a major market player.”

BioTRAiTS, Inc., already counts among their diverse customer base The Vue at Lake Eola, a luxury condo development in downtown Orlando, Merrimac Industries in New Jersey, and New York and South Florida based Joseph’s Classic Markets, a specialty grocer. The company recently acquired Orlando-based Reliable Tech Experts.

BioTraits Inc. is a University of Central Florida Business Incubation Program client at the Technology Incubator in Research Park.


For more information about this release contact:
Peter A. Wengert, CEO BioTraits, Inc. 3267 Progress Drive, Suite 103, Orlando, FL 32826; 866-815-0888 or peter@biotraits.com

Carol Ann Dykes, Site Manager, UCF Technology Incubator, 407-882-0211, cdykes@mail.ucf.edu

Tom O’Neal, Executive Director, UCF Incubation Program, 407 882-1120, oneal@mail.ucf.edu

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com.


About BioTraits:
Founded in March 2003, BioTraits, Inc. is a biometric company providing solutions for biometric identification and verification products through its development of a suite of workforce management products and distribution of biometric access control products. For more information, visit http://www.biotraits.com/.


About the Florida Venture Forum:
The Florida Venture Forum offers programs statewide to provide expert counsel, educational advice and managerial assistance to entrepreneurial ventures. The Forum hosts two capital conferences each year. The Early Stage conference in May is focused on companies seeking their first round of equity funding. The Capital Conference in January is focused on high growth companies seeking later stage funding. In the past 18 years, presenters at the Forum’s capital conferences have raised over $1.8 billion. For more information, visit http://www.floridaventureforum.org/.


About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 900 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, the City of Orlando, Orange County, Seminole County, the City of Winter Springs, and the Florida High Tech Corridor Council. For more information, please visit http://www.incubator.ucf.edu/.

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