MELVILLE, NY--(Marketwired - Aug 14, 2013) - The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced the presenting companies and panelists for its Consumer Products Capital Forum to be held on September 13, 2013. The capital forum is being held in an effort to facilitate raising capital to accelerate the growth of businesses on Long Island.

Local consumer products business leaders and entrepreneurs will present their companies to investors, including attendees from venture capital firms, investment banks, private equity firms, angel and other individual investors. Each of the companies LICA selected for presentation at the capital forum possesses catalysts for significant growth which will be attractive to investors.

"We were thrilled with the number of applicants to present at the Consumer Products Capital Forum, and the high quality of these companies. This shows the vibrancy of the consumer products segment of the Long Island economy, and we are hopeful that these companies can serve as a base for future growth," remarked Neil Kaufman, Chairman of LICA.

A panel of investors and consumer products industry experts will assess and discuss the market potential and investment merits of each presenting company and the investment climate for the consumer products industry.

Consumer Products Capital Forum on September 13, 2013 - Participants

Panel of Investors

The following investment professionals will participate in the investor panel at the Consumer Products Capital Forum:

Richard Baum, Consumer Growth Partners: Richard Baum is a founding partner of Consumer Growth Partners. Prior to founding CGP, he spent over 15 years as one of Wall Street's leading equity research analysts covering the specialty retailing sector at Credit Suisse First Boston, Goldman Sachs and Sanford C. Bernstein. Mr. Baum has led nine initial public offerings and six secondary offerings for retailers.

Paul Homer, Northwood Ventures: Paul Homer joined Northwood, a Syosset-based venture capital and management buyout firm with a particular interest in the retail/consumer sector, in 1999, after serving as a financial analyst for a venture capital-financed retailer with over 80 stores. While there, he evaluated various capital raising alternatives for the rapidly growing firm and developed a financial reporting system. In addition to reviewing new investment opportunities, Paul serves on the board of several of Northwood's portfolio companies.

Shamit Mehta, Susquehanna Growth Equity: Shamit Mehta joined Susquehanna Growth Equity in 2011. He is responsible for originating and evaluating investments in the software, healthcare IT, information services, and security sectors, and worked on SGE's investments in HMP Communications, MMIT, Skybox Security, and Versafe.

Peter Petrillo, Wafra Partners: Peter Petrillo is a Senior Managing Director at Wafra Partners. Mr. Petrillo has spent his entire career with middle-market companies as a private equity professional, consultant, and accountant. Prior to joining Wafra Partners, Mr. Petrillo was a partner at Claymore Partners, where he worked as a turnaround manager and strategic planner for corporate clients.

Presenting Companies

The following companies will each make a 7-minute presentation to the attendees at the Consumer Products Capital Forum:

Cupcake Digital: Cupcake Digital is an emerging growth entertainment applications company that transforms children's entertainment properties into deluxe story experiences and games infused with teaching moments.

IR Protective Devices: Life-Guard.Me developed by IR Protective Devices provides personal GPS tracking for people, pets, and property by providing a comprehensive GPS and cellular monitoring service in micro size. is a free office meal ordering website providing customers with convenience and rewards towards charity/free meals -- financed through restaurants' increased revenues.

MedCAS LLC: MedCAS LLC provides to consumers a 3D facial recognition technology that produces a reliable, fast and inexpensive diagnosis of autism and other genetic disorders affecting children.

Pillar Rock USA: Pillar Rock USA's JetRYTE effervescent (dissolvable) tablet minimizes common effects of jet lag by replenishing some of the melatonin and vital nutrients lost during flight due to dehydration.

Sweet Amanda's: Sweet Amanda's has developed a cutting-edge automated retail candy kiosk and will launch a national retail operation and international sales program seeking to become a leader in the emerging and fast growing automated retail industry.

The Powerful Yogurt: The Powerful Yogurt is the first high-protein Greek yogurt specifically designed for active men, offering health benefits beyond basic nutrition.

LICA will host the Consumer Products Capital Forum on September 13, 2013 from 8:00 a.m. to 10:30 a.m. at 68 South Service Road, Melville, NY. The capital forum provides an opportunity to meet capital providers, entrepreneurs, industry executives and businesses seeking capital, as well as to hear a panel of industry experts discuss financing alternatives for consumer products and consumer technology companies and retail oriented businesses.

For more information about the event, please contact LICA today or register online.

About the Long Island Capital Alliance:

Since 1984, the Long Island Capital Alliance (, formerly known as Long Island Venture Group, has been promoting business growth on Long Island. LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today's markets. LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers. Through quarterly capital forums and special meetings, LICA brings together members of the region's business community, and has been recognized as the place to turn to when small businesses need equity, debt, or other financing, or for investors to find an attractive investment opportunity.

LICA's mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature middle market closely held and publicly-traded businesses. LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations. LICA brings together members of the region's business community and serves as the finance arm for significant local business and organizations.

For more information on LICA and its next event, please contact LICA today or register online.

Contact Information:

Jordan Darrow
Darrow Associates, Inc.
(631) 367-1866