European Tech Tour Names Nordic's Most Promising High Growth Technology Companies; Selected Companies Stand to Benefit From $10 Billion in Investment Capital

Helsinki, Tallinn, Estonia and Stockholm, June 15, 2010 (ots/PRNewswire)
-- The European Tech Tour today announced the 30 selected companies
of the Nordic Tech Tour 2010. The finalists represent the region's
most promising, high-growth, early- and expansion-stage technology
companies.

The 30 companies - all of them based or incubated in Denmark,
Sweden, Finland, Norway, Iceland and Baltic countries - were chosen
from a pool of over 500 companies. The selection was based on
detailed reviews by the Nordic Tech Tour's Selection Committee in a
four month process, comprising of 30 senior global venture capital
and technology industry leaders.

The distribution of the selected companies is roughly 50-50
start-up and expansion stage companies, also indicating the main
growth areas of software, media & internet and cleantech in
technology segments. The reviews assessed the uniqueness of their
technology, strength of their business model, market size and growth
with go to market strategy, the quality of management team and
international development potential.

"We were impressed by the amount of high quality innovations and
companies identified in the Nordic's and Baltic's," said Jarkko
Virtanen, president of the Nordic Tech Tour 2010. "The 30 selected
finalists all represent their technology segment's innovation
leadership locally with great potential to expand and grow
internationally. This will have an effect on Europe's broader
recovery in the high tech segment with innovation leadership, since
25% of Europe's high tech companies are located in the area."

And the selected companies are...

The Nordic Tech Tour 2010 finalists span several technology
sectors, including new materials, semiconductors, nanotechnology,
electrical devices, telecommunications & mobility, enterprise
software, internet & media, IT system software, medical devices & IT
and cleantech.

This is who they are and where they are from:
Company Location Company Location
2cureX Denmark PlusFourSix AB Sweden
Axel
Technologies Oy Finland QuestBack Norway
Beneq Oy Finland Regio (Reach-U) Estonia
Canatu Finland Renewa Oy Finland
Cint AB Sweden Replisaurus Sweden
ClimateWell AB Sweden Senseg Finland
Confidex Ltd Finland Shark Solutions A/S Denmark
Eniram Ltd Finland SmartOptics AS Norway
Sulake Corporation
Fortumo OÜ Estonia Oy Finland
IT2 Treasury
Solutions Denmark Supponor Finland
Junglemap AS Norway TaxiPal Estonia
Mendor Finland There Corporation Finland
Microtask Ltd Finland Tobii Technology Sweden
Nanoradio AB Sweden Zeropex Norway
PhotoSolar A/S Denmark ZeroTurnaround OÜ Estonia

Nordic Tech Tour in three capitals

The Nordic Tech Tour 2010 is being held in Helsinki on June 15
and 16, followed by an evening event in Tallinn and the final day to
be held on June 17 in Stockholm. During that time selected companies
will have twenty minutes to present their business plans to 70
international delegates consisting of senior partners, vice
presidents and CEOs from the global venture capital and technology
industry, as well as advisors and academics. They will benefit from
networking opportunities, local and international media exposure and
opportunities to secure funding. There is over EUR10 billion worth of
investment capital present at the Tour.

About the European Tech Tour

The European Tech Tour Association (ETT) was founded in Geneva in
1998 in response to the growing interest in emerging technology
companies in various European regions. ETT is an independent,
not-for-profit organisation composed of key contributors to the high
technology industry. The Association recognises that continued
prosperity in Europe lies in its ability to transform today's
innovative projects into tomorrow's global technology leaders.

For further information, please visit http://www.techtour.com

Thanks to the Tech Tour sponsors for their generous support.

ots Originaltext: European Tech Tour
Im Internet recherchierbar: http://www.presseportal.de

Contact:
CONTACT: Media contacts: Jarkko Virtanen, President, Nordic Tech
Tour,+358-40-547-6945, Jarkko@techtour.com; Laurian Harry,
MarketingCommunications Manager, European Tech Tour,
+41-22-544-60-62,Laurian@techtour.com