SVASE Chooses uTest Inc. to Demonstrate at "Launch: Silicon Valley 2008"

The Silicon Valley Association of Startup Entrepreneurs (SVASE) today announced that uTest Inc. has been chosen to demo its Software Testing Community and platform at "Launch: Silicon Valley 2008." The event, which will be held June 10 at the Microsoft Campus in Mountain View, is a leading Silicon Valley annual venue for emerging technology companies to launch their product or service.

uTest Inc. was selected from 266 applicants vying for 30 coveted demo slots in Next Generation Internet, Computing, Life Sciences, Semiconductors, Acoustics, Media and Mobility categories. The event features an award for the "Most Promising New Company" in each of the presenting categories.

In response to the increasing demands of complex software environments, competitive market pressure and the need for on-demand,
testing - we created uTest. Our Vision: To unite a global community of professional software testers, coupled with a unique pay-per-performance business model, to enable us to support a global customer base with a cost effective solution to test any product, anywhere, anytime!

"Launch: Silicon Valley will spotlight some of the most innovative and exciting new startups across the globe," said Chris Gill, President and CEO of SVASE. "Being accepted into the SVASE validates uTest's community and service based testing revolution. Our cost effective, on-demand SaaS solutions are designed to meet the testing needs and budgets for leading-edge technologies, from start-ups to Fortune 500's, said Doron Reuveni, CEO and co-founder of uTest Inc."

"We have gained incredible momentum since our March pilot launch, with more than 500 companies registered," said Doron Reuveni, CEO of uTest. "In response to the increasing demands of complex software environments, competitive market pressure and the need for on-demand, "real-world" testing - we created uTest. Our Vision: To unite a global community of professional software testers, coupled with a unique pay-per-performance business model, to enable us to support a global customer base with a cost effective solution to test any product, anywhere, anytime!"

uTest allows companies to build their own virtual testing team on-demand, define their testing requirements and receive real-time valuable bug reporting and application feedback from the uTest global community.

Launch:Silicon Valley is sponsored by Garage Technology Ventures, Cooley Godward Kronish, Draper Fisher Jurvetson, Microsoft, Townsend and Townsend and Crew, White & Case , Band of Angels, Kaufman Fellows Program, Keiretsu Forum, Krause Taylor Associates, Life Science Angels, Nair & Co, Outer Join, Sand Hill Angels, The Angels Forum, Business Wire and VentureDeal.

For more information or to register for the event, go to http://launchsiliconvalley.org/agenda.html.

About SVASE

Founded in 1995 by entrepreneurs, for entrepreneurs, The Silicon Valley Association of Startup Entrepreneurs (SVASE) is the largest and fastest growing nonprofit in Northern California dedicated exclusively to helping technology and life science entrepreneurs start and grow successful businesses.

SVASE provides support and resources for entrepreneurs, from the idea through initial rounds of funding to product launch, delivered at 12 monthly events and a continually evolving web site. For more information about SVASE, please visit www.svase.org.