WASHINGTON, Nov. 8, 2011 (GLOBE NEWSWIRE) -- TechAmerica's premier financial conference, The Classic, comes to a close today in San Diego with another banner year of bringing tech-focused investors together with growing technology companies.
Highlights of the two day event, cosponsored by NASDAQ OMX, included an opportunity for the 150 motivated tech-focused investors to hear first-hand from growing technology companies who were seeking capital to expand. The group heard from outstanding keynote speakers including NASDAQ OMX Executive Vice President, Corporate Client Group, Bruce E. Aust; Qualcomm's Executive Vice President & Chief Financial Officer, William E. Keitel; and Greg Monaco, Partner of MonacoLange.
Since the first event in 1970, the more than 1,800 participating high-tech companies have shown their potential to over 6,000 investors resulting in an average share price increase of eight percent following The Classic.
"The Classic is dedicated to bringing highly innovative technology companies together with the technology-focused investor community. The connections that were created over the last two days will have immediate, tangible benefits to the presenting companies as well as the industry as a whole," said Dan Varroney, acting President and CEO of TechAmerica. "This year's Classic was a huge success and a true sign that the U.S. tech sector is roaring back."
More information on The Classic can be found at: www.techamerica.org/classic
About TechAmerica
TechAmerica is the leading voice for the U.S. technology industry – the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,000 member companies of all sizes from the public and commercial sectors of the economy, it is the industry's largest advocacy organization and is dedicated to helping members' top and bottom lines. TechAmerica is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). Learn more about TechAmerica at www.techamerica.org.