SOURCE: Long Island Capital Alliance

Long Island Capital Alliance

February 16, 2012 14:24 ET

Long Island Capital Alliance Announces Strategic Partnership With Long Island Forum for Technology

Preliminary Schedule for Homeland Security and Defense Event on March 9 Includes Exciting Technologies and Services From Regional Companies and Panel of Industry Leaders

MELVILLE, NY--(Marketwire - Feb 16, 2012) - The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced a strategic partnership with the Long Island Forum for Technology ("LIFT"). The partnership with LIFT will facilitate LICA's reach into the burgeoning and fragmented technology industry. Initially focusing on one technology sector, LIFT will play a major role as a partner in LICA's Homeland Security and Defense Capital Forum scheduled for March 9.

"We are pleased to announce our strategic affiliation with LIFT as part of our strategy of forming alliances with major Long Island business organizations," said Jeffrey L. Bass, Chairman of LICA. "LIFT has an industry-driven initiative structure, providing Long Island businesses with a wide range of programs directed at creating an environment for innovation, lowering the cost of operations and increasing growth, focused on creating Long Island's future. LIFT has provided a number of companies that will present at our Homeland Security and Defense Capital Forum, and we look forward to further collaboration now and in the future. Each presenting company has been handpicked by LICA for this event, and possesses what we and LIFT believe is the 'Wow Factor' that may serve as the catalyst for significant growth."

"As a leading player in capital formation assistance for regional companies for almost 30 years, our strategic partnership with LICA represents a critical component of our mission to serve regional technology companies," said LIFT President Frank Otto. "LICA has long served as an advocate for business financing. As our constituent companies can attest, accessing the capital markets for small, growing businesses is vitally important yet extremely challenging. LIFT and LICA will collectively be of far more value to strengthening Long Island's economic development and employment outlook."

Homeland Security and Defense Capital Forum on March 9, 2012 - Preliminary Agenda

Host Speakers and Panel of Industry Experts

Frank Otto: LIFT President (and formerly LIFT's Chairman), Mr. Otto is a long time fixture in
the defense and aerospace industry in the region. He has held a number of senior level management positions for both EDO Corp, now a part of ITT, and Comtech Telecommunications Corp.

Roger Christopher: V.P., Corp. Finance at KPMG Finance, previously V.P. of Aerospace Defense and Corp. Finance at the investment banking firm of Stifel Nicholas.

Kevin S. Law: President and CEO of the Long Island Association, New York State's largest business organization.

William Reinisch: Based in New York City, Mr. Reinisch is a Partner of Palladin Capital Group, a private equity firm with a proven track record of financial expertise, national security experience and specialized technical competence.

Presenting Companies

IMPACT®: A leading provider of innovative tools and technologies to protect public and private safety workers and first responders.

Impact Wow Factor: Impact creates actionable knowledge by building innovative tools and technologies, including cloud-based platforms and technology transfer applications, creating a scalable solution for any size law enforcement entity.

PureSafe Water Systems, Inc. (OTCBB: PSWS): Developer of the First Response Water System (FRWS), a mobile water treatment system that is capable of being deployed to communities and businesses in times of natural disasters or other water crises and producing 30,000 gallons of clean potable water a day to sustain lives.

PureSafe Wow Factor: The PureSafe™ First Response Water System is fully equipped to purify water within 30 minutes from its initial connection to a water source. Because it is able to treat all types of contamination (except radiation), it can be mobilized as soon as a disaster is evident.

SiCore Technologies: Affiliated with New York State's Applied Science Foundation for Homeland Security, SiCore is a cyber security firm founded in 2004.

SiCore Wow Factor: SiCore has developed a secure server solution with an "artificial immune system" that monitors and detects anomalous behavior on the host computer and delivers countermeasures to combat rootkits and evasive malware not detected by traditional security systems.

V.C.O.R.E Solutions LLC: Created by Balfour Technologies and Power Management Concepts (PMC), V.C.O.R.E. provides real world solutions for homeland security, emergency preparedness, and rapid response environments.

V.C.O.R.E. Wow Factor: Created a solution to interactively visualize massive amounts of available intelligence, surveillance and infrastructure data into a single four-dimensional Common Operating Environment to achieve mission-critical automated situational awareness.

Only one opening remains available for a qualifying presenting company that wants to connect with a wide variety of investors -- venture capitalists, hedge funds, angel investors and investment bankers -- willing to provide access to growth capital. To submit a company for the Homeland Security and Defense Capital Forum or for more information about the event, please contact LICA today or apply online.

In an effort to expand the audience that may invest in companies presenting at its capital forums, LICA for the first time is allowing new investor attendees to participate in its events free of charge.

About Long Island Forum for Technology-LIFT:

LIFT is a non-for-profit economic development organization working with the New York State Foundation for Science, Technology and Innovation (NYSTAR®) and the National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership (MEP). LIFT serves as NYSTAR's designated Regional Technology Development Center for Long Island and one of nearly 350 MEP locations across the country.

LIFT supports the defense and aerospace, medical device and healthcare, homeland security, energy, information technology and manufacturing clusters of the Long Island economy. We partner with local companies, organizations, Universities and the National Laboratory Systems

About the Long Island Capital Alliance:

Since 1984, the Long Island Capital Alliance (www.licapital.org), 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 needs 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.

Contact Information

  • Contact:
    Jordan Darrow
    Darrow Associates, Inc.
    (631) 367-1866
    Email Contact