Singapore, 26 May 2011–Sphere Exhibits Pte Ltd (Sphere), a wholly owned subsidiary of Singapore Press Holdings (SPH) and IDG Enterprise, the US-based technology, media, events and research company, will be jointly organising the inaugural DEMO Asia 2011. It will be held at the Marina Bay Sands from 29 to 30 November 2011.
Launched in 1991, DEMO is the global launch pad for emerging technologies and is held twice a year in the United States. It comprises conferences, pitches and networking sessions for a specially invited group of companies to launch their products for the first time to an audience made up of angel investors, venture capitalists, corporate developers and acquirers, government agencies, universities and research institutes.
For the past five years, DEMO events held in the United States have enjoyed phenomenal success, with 92% of the participants securing funding within 9 months after taking part in a DEMO launch; while 62% of participants received over $1 million in funds from angel investors and venture capitalists. More than 50 companies which took part in DEMO events were either acquired or went into collaborations with some of the biggest technology companies such as Google, Microsoft, Nokia and Symantec.
Some of the groundbreaking innovations launched at past DEMO events were now well-known brands in both the business and consumer markets. These included Adobe Acrobat, Skype Mobile and Sun Microsystems’ Java.
Singapore is the second country in Asia to host a DEMO event, after China. Sphere Exhibits will produce DEMO Asia with DEMO's existing co-producers - IDG Enterprise, a subsidiary of IDG, and strategic partner VentureBeat, a portal that reports the latest news, trends and developments on innovation and technology. DEMO Asia will focus on the best and brightest companies throughout the continent, as well as global companies in this region.
Three Singapore companies have taken part in past DEMO events in the United States and have secured funding. The founders of two of the local companies, namely Mr Danny Tan, CEO of Foound and Mr Varun Arora, CEO of GotoCamera were present to share their experiences in taking part in a DEMO event.
These companies have successfully launched their innovative products and services at past DEMO events. Foound developed an application that helps people to organise hangouts and track their friends' activities. GotoCamera came up with a service that allows people to do video monitoring and security surveillance via webcams.
With the addition of DEMO Asia to the DEMO family of conferences which include DEMO China and DEMO Spring and Fall in the United States, past participating companies are now eligible to be enrolled for the Global Launch Program. This first-of-its-kind program provides companies with the unique ability to launch their products and services at any DEMO conference and participate for free as a showcase sponsor company at other international DEMO events.
"We are delighted to expand the DEMO network with the addition of DEMO Asia," said Neal Silverman, Senior Vice President, DEMO. "All DEMO Alumni, starting with the fall class of 2011, will now have the opportunity for greater international exposure in the emerging technology community, connecting to entrepreneurs, investors, media and buyers on a global scale.”
Mr Chua Wee Phong, Executive Director of Sphere Exhibits, said: “Sphere Exhibits has grown a portfolio of successful trade and consumer events, backed by our event expertise and diverse media platforms. With our extensive linkages with the private and public sectors, the inaugural Demo Asia 2011 serves as a compelling platform for us to bring together individuals and organisations with the ideas and funding to connect and engage so as to launch the next generation of innovations and technologies.”
He added: “As the business and financial hub for Asia, Singapore is the ideal venue to host DEMO Asia. With access to capital financing, investor protection and corporate governance, Singapore is already the regional headquarters to many multi-national corporations which serve the Asian markets. We look forward to working with IDG Enterprise and Venture Beat on this exciting event.”
Applications for companies to launch their products at DEMO Asia 2011 open today. For submissions and queries, please visit www.demo.com.sg.
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About Sphere Exhibits Pte Ltd
A wholly owned subsidiary of Singapore Press Holdings (SPH), Sphere Exhibits, which stands for "SPH Events, Roadshows and Exhibitions", aims to be the leading events company catering to a diverse mix of trade and consumer clientele.
Backed by a committed and experienced team of professionals and SPH's comprehensive range of media platforms, Sphere Exhibits’ shows, events and exhibitions centre on unique concepts that attract local audiences and regional participants. Among the 20 Sphere Exhibits' events are The IT Show, COMEX, Licence2Play, Asian Masters and Kidz Academy.
Leveraging on its expertise in event conceptualisation, planning and execution, Sphere Exhibits delivers memorable and quality events that meet the objectives of its clientele and partners.
About Singapore Press Holdings Ltd
Main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia's leading media organisation, engaging minds and enriching lives across multiple languages and platforms. It publishes 18 newspaper titles in four languages and over 100 magazine titles in Singapore and the region. Every day, 3 million individuals or 77 percent of people above 15 years old, read one of SPH’s news publications. SPH’s internet editions of its major newspapers enjoy over 263 million page views with 18 million unique visitors each month. Other new media initiatives include AsiaOne, omy, ST701, Stomp and The Straits Times RazorTV. SPH has also ventured into book publishing, broadcasting, outdoor advertising and properties.
Produced by IDG Enterprise in conjunction with VentureBeat, the DEMO conferences in the United States and China focus on emerging technologies and new product innovations, which are hand selected from across the spectrum of the technology marketplace. The DEMO conferences have earned their reputation for consistently identifying tomorrow's cutting-edge technologies, and have served as launchpad events for companies such as Palm, E*Trade, Salesforce, Webex, Tivo and VMware, helping them to secure venture funding, establish critical business relationships, and influence early adopters. The DEMO Scholarship Partner Program, subsidised by corporate sponsorships, offers multiple scholarship opportunities to ensure that deserving entrepreneurs receive the opportunity to introduce cutting edge technology products at DEMO that might have otherwise gone undiscovered. For more information on the DEMO conferences, visit http://www.demo.com/.
About IDG Enterprise
IDG Enterprise, an International Data Group (IDG) company, brings together unique editorial brands (CFOworld, CIO, CIO Executive Council, Computerworld, CSO, DEMO, InfoWorld, ITworld and Network World) to serve the information needs of our technology, security and financial-focused audiences. As a digital-centric media company we serve our reader and advertiser audiences with award-winning content and community, driving conversation and conversion, across our entire portfolio of awarding-winning, websites, events, magazines, products and services. In addition, the CIO Executive Council, a peer advisory service, brings together the nation’s top CIOs, as well as provides community and leadership development tools for their staffs.
Company information is available at www.idgenterprise.com.
Additional information about IDG, a privately held company, is available at http://www.idg.com
VentureBeat’s mission is to provide news about innovation for forward-thinking executives. The New York Times called VentureBeat one of the “best blogs on the Web,” and now syndicates VentureBeat’s articles. Reuters and many other publishers also run VentureBeat articles.