Milamber Ventures Plc
LSE : MLVP

November 10, 2015 09:30 ET

Web Summit 2015

                                                                                           10 November 2015
                                                     
                                           Milamber Ventures plc
                                       ("Milamber" or the "Company")
                                                     
                                                     
                                              Web Summit 2015


Milamber Ventures, the ISDX listed specialist business incubator, is pleased to advise its shareholders  of
its participation in Web Summit 2015, which was held in Dublin between 3rd and 5th November.

Web  Summit is the world's largest technology conference, which has grown in four years from 400  delegates
to  over  30,000 from more than 110 countries. During this time it has seen participation from the  world's
biggest  and most influential companies including Microsoft, Apple, Google, Facebook, Coca-Cola  and  Pixar
Studios.

Milamber  showcased  three  of its investee companies at the event: Enswarm,  Knowledge  Motion  and  White
Cobalt.


Enswarm
Enswarm  is  a  software start-up that builds collaborative innovation, planning and decision-making  tools
which help groups of people to work together to solve problems more effectively.

Enswarm's  current focus is on two uses for its decision software products: working with procurement  teams
to  make  supplier  selections  and helping recruitment teams to make candidate  selections  in  assessment
centres.

The  company's  decision making products are only the first step towards its long-term goal of  giving  all
people  the opportunity to get heard on a digital platform to allow large groups to solve complex  problems
together.

Enswarm was founded by Joe Kay who attended Web Summit with Milamber.


Knowledgemotion
Knowledgemotion  has  created  a  proprietary platform called bo which  enables  education  publishers  and
providers  to  find,  license  and use video clips that they then embed into their  digital  textbooks  and
services.

The company has agreements with leading international content owners including Getty Images, Bloomberg, BBC
Worldwide  Learning,  Associated  Press Television News, Sports News TV, Global  Image  Works  and  British
Movietone.  These agreements allow bo to offer easy access to up to 1.7 million video clips,  spanning  all
key  stages,  subjects  and  topics  in the curriculum. The bo platform offers  technical  scale  and  will
continually grow to serve the education markets worldwide. Visit www.boclips.com

Knowledgemotion  was  founded  in  mid-2013 by David Bainbridge, Paul Naha-Biswas  and  Beatrijs  Lelyveld.
Between  them,  they  have launch-marketed the BBC iPlayer, set up Curriculum Online (the  UK  Government's
$500m  digital  education  scheme) and ran editorial operations for the ITN /  Reuters  clip  library.  The
business has raised $1m of seed funding to date, predominantly from private investors.


White Cobalt
White  Cobalt  works  with SMEs to create integrated digital platforms which deliver greater  efficiencies,
control  and  interactivity  to allow its customers to better manage and scale their  growth.  The  company
provides  and builds Content Management Systems, integrated email marketing tools, infrastructure  hosting,
website  back  office  integration and bespoke business management tools;  all  of  which  aim  to  improve
performance for its customers, allowing them to focus on running their smaller businesses.

White Cobalt was founded by Steve Stovold in 2011.


Andy  Hasoon, Chairman of Milamber Ventures, commented, "This is a very exciting time for Milamber  and  we
are  delighted  to  have  showcased  three of our investee companies at  this  incredibly  successful  tech
conference.  With  so  many world leading technology companies under one roof for  three  days,  the  event
enabled  our  investee companies to connect with and impress potential customers, from which  new  business
opportunities  have arisen."

The Directors of the Company accept responsibility for this announcement.

                                                  -ends-


Enquiries:

Milamber Ventures plc
Andy Hasoon
T: 07768 875 681
E: Andy.hasoon@milamberventures.com
www.MilamberVentures.com

Peterhouse Corporate Finance Limited (ISDX Corporate Adviser)
Mark Anwyl and Fungai Ndoro
T: 020 7469 0930

Cadogan Leander (Financial PR)
Christian Taylor-Wilkinson
T: 07795 168 157

Contact Information

  • Milamber Ventures Plc