Elastic Path Software, Inc.

Elastic Path Software, Inc.

June 14, 2010 09:01 ET

Elastic Path Software Joins Canada in G20 Young Entrepreneur Summit

International Event to Address Role of Youth Entrepreneurship in Post Recovery World

TORONTO, ONTARIO--(Marketwire - June 14, 2010) - The Canadian Youth Business Foundation (CYBF), host of the G20 Young Entrepreneur Summit, is proud to announce that Harry Chemko of British Columbia's Elastic Path Software will be a member of the Canadian delegation at the G20 Young Entrepreneur Summit.

From June 20 – 22, 2010, Mr. Chemko will join delegations from the G20 nations in Toronto, Canada to identify and examine the issues challenging young entrepreneurs around the world. The discussion points from the G20 Young Entrepreneur Summit will be drafted into a communiqué that will be officially handed over to the G20 Business Summit (B20) deliberation.

The G20 Young Entrepreneur Summit has been recognized by the Canadian federal government as part of the G20 consultative process and its recommendations are planned to be the focus for a discussion of entrepreneurship at the B20 Summit on June 25 and 26, 2010.

"Only through global discussion can we identify the challenges facing young entrepreneurs, who are fundamental to the growth of the international marketplace," says Vivian Prokop, chief executive officer of CYBF and chair of the G20 Young Entrepreneur Summit. "As one of the young business owners behind Elastic Path Software, Harry Chemko will be a valued member of the Canadian G20 YES delegation and will provide a crucial voice at the G20 Young Entrepreneur Summit."

One of CYBF's highly successful entrepreneurial start-ups, Elastic Path Software has more than 120 employees, with offices in Vancouver, British Columbia and London, England. Elastic Path Software provides ecommerce solutions for software, telecommunications and media enterprises, including Sony Ericsson, Virgin Media and Time Inc.

The G20 Young Entrepreneur Summit is funded in part by the generous support of the Government of Ontario, National Post, Clear Channel Outdoor Canada, Hill & Knowlton, The Keg Steakhouse & Bar, MaRS Discovery District, Business Development Bank of Canada (BDC), Scotiabank Small Business, Elastic Path Software, Invest Toronto, KPMG Enterprise, Outdoor Broadcast Network and RBC Royal Bank.

About The Canadian Youth Business Foundation (CYBF)

Canada's Entrepreneur Gateway

The Canadian Youth Business Foundation (CYBF) is the 'go to' place for youth entrepreneurship. As a national charity, we are dedicated to growing our nation's economy one young entrepreneur at a time. We look at character not collateral, when providing youth, age 18-34, with pre-launch coaching, business resources, start-up financing and mentoring, to help them launch and sustain a successful entrepreneurial business. www.cybf.ca.

About the CYBF G20 Young Entrepreneur Summit

The Canadian Youth Business Foundation (CYBF) will host the G20 Young Entrepreneur Summit in Toronto, Canada, from June 20 to 22. The G20 Young Entrepreneur Summit will bring together more than 200 young entrepreneurs (aged 18 to 40) and the leaders of entrepreneurial organizations from G20 countries to exchange ideas and establish international networks and partnerships that will help drive sustainable global economic growth. The G20 Young Entrepreneur Summit has been recognized by the Canadian federal government as part of the G20 consultative process and its recommendations are planned to be the focus for a discussion of entrepreneurship at the G20 Business Summit (B20) on June 25 and 26, 2010. www.cybf-g20.com.

About Elastic Path Software

Elastic Path Software is a leading enterprise ecommerce solutions provider. We offer ecommerce consulting, a Java ecommerce platformimplementation services, and full ecommerce outsourcing for software, media, and telecom enterprises to maximize their ecommerce results. Major global brands such as Symantec, Virgin Media, and Sony Ericsson rely on our ecommerce expertise for their long term ecommerce strategy. Elastic Path provides enterprises with the guidance, flexibility, and control to drive online revenue and own the conversation with their customers. For more information, please visit www.elasticpath.com.

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