latest news releases from the newsroom
Venture Capital Investments Forging Ahead Despite Exit Slowdown, According to PricewaterhouseCoopers LLP
NEW YORK, Sept. 29, 2008 (GLOBE NEWSWIRE) -- According to a new study released today from PricewaterhouseCoopers LLP, the venture capital-backed IPO market is at a 30-year low, with the second quarter of 2008 marking the first time since 1978 that there have been zero venture capital-backed IPO's in a given quarter. The report, entitled "The Exit Slowdown and the New Venture Capital Landscape," discusses the current state of the IPO market and the trends and resulting impact this IPO slowdown could have on the venture capital (VC) industry. It includes data from the MoneyTree Report, a quarterly survey that tracks cash-for-equity investments by the professional VC community in private, emerging companies in the United States. The MoneyTree Report is produced by PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data from Thomson Reuters.
Internet Initiative Japan Inc.
IIJ to Develop New SEIL/B1
TOKYO, Sept. 29, 2008 (GLOBE NEWSWIRE) -- Internet Initiative Japan, Inc. (IIJ) (Nasdaq:IIJI) (TSE1:3774), one of Japan's leading Internet access and comprehensive network solutions providers, today announced the development of the new SEIL/B1, the latest in the next-generation series of high-performance routers. The new SEIL/B1 will go on sale in November 2008 and will also be available to rent. In advance of its commercial release, the SEIL/B1 will be on display at the CEATEC Japan 2008 tradeshow from September 30 to October 4, 2008 at the Makuhari Messe International Convention Complex.