SAN DIEGO (July 23, 2013) – Mtell continues building momentum as a leader in machine learning technology by winning the Castrol 20/20 innoVentures Pitch Competition held at The Standard in New York City on June 6, 2013.
The Pitch Competition took place during Castrol 20/20 innoVentures Insight Workshop, “Disruption is the New Norm: Staying Relevant in an Age of Rapid Disruption and Lower Barriers to Entry.” The goal of the competition is to recognize promising global start-ups, and to identify potential partnerships and investment opportunities with Castrol 20/20 innoVentures.
The competition included four finalists that were invited to pitch their offerings in front of both judges and audience members, followed by a brief Q&A session, and concluding with private questions from the five-judge panel. The judges, who included Executive members from Castrol, Loeb & Loeb and Braemar Energy Ventures, scored each company against six criteria, and the audience was given the opportunity to participate by distributing $10,000 in pretend “Castrol Dollars” to their favorite company. Each member of the audience was allowed to divide the Castrol Dollars between all four companies in any increments they desired, which determined the People’s Choice winner by most currency received.
Mtell was determined the overall winner for the Pitch Competition and People’s Choice, making this the first time a company has won in both categories. The prize for the competition included $10,000 in cash, as well as $10,000 in services from the event sponsor, Loeb & Loeb. The People’s Choice prize included a bottle of premier champagne.
Paul Rahilly, Chief Executive Officer of Mtell, commented, “It is truly an honor to be recognized by Castrol and the participating audience members for this award. Through the the power of machine learning, Mtell’s asset health management software solution makes machines smart, which aligns with Castrol’s future business initiatives.”
Castrol, the global leader in industrial lubricants and lubrication applications, and Mtell, the pioneer of machine learning applications for industrial equipment, are now exploring future opportunities.
About Castol 20/20 innoVentues
The Castrol innoVentures group was created as a separate unit by BP-owned Castrol Lubricants to focus on step-out innovation and new business development beyond lubricants. Their objective is to develop material businesses beyond today’s lubricants products. The group makes strategic investments in technology start-ups in a number of sectors including: next generation auto engineering; smart mobility; sustainable solutions and in technologies that help it’s industrial and marine customers improve efficiencies. They also run a broader program of open innovation, exemplified by the Castrol 20/20 challenge events in London and Shanghai in 2012.
About Mtell
Founded in 2006, Mtell is a privately held company providing software solutions for managing the health of industrial equipment. Making machines smart, Mtell plays an important role in developing the Industrial Internet. In addition to reducing risk to people safety, and the environment, Mtell is a significant contributor to equipment performance and profitability. Solutions are deployed globally in the oil and gas, mining, pharmaceutical, and wastewater industries. For more information, visit us online at www.mtell.com.
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Coworking Happy Hour! 8/9
EventsWhen: Aug 9th from 5:30 to 8:00pm
Where: Island Prime / C Level
880 Harbor Island Dr., San Diego, California 92101
AT&T Digital Life launches in San Diego Friday, July 26
Press ReleaseAT&T Digital Life launches in San Diego tomorrow, Friday, July 26. AT&T Digital Life is a professionally monitored home security and home automation service that will provide remote access and management capabilities. With this new AT&T offering, San Diego residents can now protect and manage their homes securely, conveniently and remotely. AT&T Digital Life offers the convenience of a home management and automation system with the simplicity and flexibility to meet a resident’s unique needs. San Diego AT&T stores will be selling the product starting tomorrow, and locals can stop by for demos and see Digital Life in action.
Whether you need to secure your home, check in on your kids or pets, adjust the temperature, or verify that the garage door is closed, AT&T Digital Life makes it possible to do all this and more, remotely, using your smartphone, tablet or PC—regardless of your wireless or wireline broadband provider.
Including San Diego, Digital Life will now be offered in 33 markets, with plans to introduce the service in up to 50 markets by the end of 2013.
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Katelyn O’Riordam
Mtell Wins Castrol 20/20 innoVentures Pitch Competition in NYC
Press ReleaseThe Pitch Competition took place during Castrol 20/20 innoVentures Insight Workshop, “Disruption is the New Norm: Staying Relevant in an Age of Rapid Disruption and Lower Barriers to Entry.” The goal of the competition is to recognize promising global start-ups, and to identify potential partnerships and investment opportunities with Castrol 20/20 innoVentures.
The competition included four finalists that were invited to pitch their offerings in front of both judges and audience members, followed by a brief Q&A session, and concluding with private questions from the five-judge panel. The judges, who included Executive members from Castrol, Loeb & Loeb and Braemar Energy Ventures, scored each company against six criteria, and the audience was given the opportunity to participate by distributing $10,000 in pretend “Castrol Dollars” to their favorite company. Each member of the audience was allowed to divide the Castrol Dollars between all four companies in any increments they desired, which determined the People’s Choice winner by most currency received.
Mtell was determined the overall winner for the Pitch Competition and People’s Choice, making this the first time a company has won in both categories. The prize for the competition included $10,000 in cash, as well as $10,000 in services from the event sponsor, Loeb & Loeb. The People’s Choice prize included a bottle of premier champagne.
Paul Rahilly, Chief Executive Officer of Mtell, commented, “It is truly an honor to be recognized by Castrol and the participating audience members for this award. Through the the power of machine learning, Mtell’s asset health management software solution makes machines smart, which aligns with Castrol’s future business initiatives.”
Castrol, the global leader in industrial lubricants and lubrication applications, and Mtell, the pioneer of machine learning applications for industrial equipment, are now exploring future opportunities.
About Castol 20/20 innoVentues
The Castrol innoVentures group was created as a separate unit by BP-owned Castrol Lubricants to focus on step-out innovation and new business development beyond lubricants. Their objective is to develop material businesses beyond today’s lubricants products. The group makes strategic investments in technology start-ups in a number of sectors including: next generation auto engineering; smart mobility; sustainable solutions and in technologies that help it’s industrial and marine customers improve efficiencies. They also run a broader program of open innovation, exemplified by the Castrol 20/20 challenge events in London and Shanghai in 2012.
About Mtell
Founded in 2006, Mtell is a privately held company providing software solutions for managing the health of industrial equipment. Making machines smart, Mtell plays an important role in developing the Industrial Internet. In addition to reducing risk to people safety, and the environment, Mtell is a significant contributor to equipment performance and profitability. Solutions are deployed globally in the oil and gas, mining, pharmaceutical, and wastewater industries. For more information, visit us online at www.mtell.com.
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ForwardMetrics: The Way You Are Doing Business Just Changed
Press ReleaseThe funding for ForwardMetrics, which has launched an enterprise cloud platform that improves innovation, collaboration, communication and performance, was raised from private individuals.
“Our company is very proud to have the backing of investors that understand the power and enormous potential of our cloud-based software and fast-growing community site for consultants and business leaders,” ForwardMetrics CEO Ozzie DiVinere said. “Business will never be the same, it’s time for companies both large and small to leverage smarter tools that help them achieve goals and produce results.”
The company will use the funding to expand staffing to support its fast-growing customer base.
The company’s products include: FM Navigator: A unique platform for easily creating and executing plans for any objective. Not just brainstorming, the fastest way to build plans on the planet, then see them bought to life.
Client Navigator: A special version with a set of additional tools designed specifically for consultants and executive coaches that offer new ways to work with existing clients and attract new ones.
FM Community: A fast-growing business networking site, where executives connect with thought leaders and inspiring content to foster new business relationships and opportunities.
About ForwardMetrics
ForwardMetrics is changing how organizations achieve results. Based in Southern California, the company’s passion is helping companies grow and achieve goals. Visit www.fowardmetrics.com or follow our social: @ForwardMetrics, facebook.com/forwardmetrics, http://www.linkedin.com/company/forwardmetrics. For all PR inquiries, contact Director of Marketing Andrew Hard at 917-660-5418 or email him at [email protected] and Cameron Crow at [email protected].
San Diego Coworking Week 8/5 – 8/9
Press ReleaseTRY OUT ALL THE BEST WORKSPACES IN TOWN DURING COWORKING WEEK!
When: August 5th – 9th, 2013
San Diego Coworking Week is an opportunity for anyone to check out San Diego’s thriving coworking spaces all around the city. Each space will have special events and prizes!
5th – Monday – Blank Slate – (blankslatesd.com)
6th – Tuesday – 3rd Space – (3rdspace.co) in University Heights
7th – Wednesday – Hera Hub – (herahub.com) – Sorrento Mesa only
8th – Thursday – Ansir Innovation Center (aicenterca.com) in Kearney Mesa
9th – Friday – Co-merge (co-merge.com) in Downtown & CyberHive
EvoStream Releases most efficient media server yet
Press ReleaseThe media distribution specialists at EvoStream have released the latest version of the EvoStream Media Server (the EMS), bringing new features and even more efficiency. The EMS delivers live and on-demand content everywhere, opening up new worlds of distribution for reaching customers. It delivers video and audio to Android devices, iPads and iPhones, set top boxes, flash-enabled web browsers and desktop players. It can be run on cloud servers for maximum access or co-located servers for in-house distributions and can be used to collaborate with major CDNs, such as Akamai and UStream.
Version 1.6.3 of the EMS can serve over 12,000 video streams from a standard i5 desktop computer, saturating a 10Gbps card with ease. For higher volumes, the EMS can be easily scaled with larger multi-core processors, maximizing hardware resources and leveraging all available bandwidth.
The efficiency of the EMS allows it to be scaled down as well, running natively on ARM based encoders, within security cameras and even on RaspberryPi devices. The EMS requires only 5MB of free RAM and can run on 400Mhz processors. EvoStream partners with device and hardware manufacturers to embed the EMS on new and existing platforms, providing device users with a multitude of options on where to send and how to use the video feeds.
Learn more about the EvoStream Media Server at www.evostream.com.
Digital Design Showdown! 9/20
Events, updatesDigital Design Showdown (DDS) is a fast paced design competition where participants go head to head with other San Diego designers. Each person gets 20 minutes to create a piece of art work around a theme or image in 2D, 3D, and Animation competition categories.
Date: Fri, 09/20/2013 – 6:30pm to 9:30pm
RSVP: http://www.wrsc.org/event/digital-design-showdown
Register to Compete and win PRIZE MONEY and BRAGGING RIGHTS for YOU and your COMPANY!!!
Where: World Resources SimCenter 1088 Third Ave. San Diego CA 92101
Why: To build a TECH Core in Downtown and bring Creatives together
What: Design Battle – Be Fast! Be Creative! Be a Winner!
FWD.us & Connect Roundtable 7/26
Events, Featured EventsJuly 26, 2013 at 2pm – 5pm
Overview:
You are cordially invited to attend a roundtable co-hosted by FWD.us and CONNECT featuring Congressman Scott Peters (D-52), Qualcomm’s Nathan Fletcher, Beachmint’s Diego Berdakin, and The Backplane’s Matt Michelsen. Hear these influential leaders discuss the need for comprehensive immigration reform and how reform will change the course of how they conduct business and our economy as a whole. Join FWD.us and CONNECT for this unique opportunity to hear about the need for Comprehensive Immigration Reform from prominent tech leaders.
Panelists:
Congressman Scott Peters, California 52nd Congressional District
Diego Berdakin, Founder, Beachmint
Matt Michelsen, CEO, The Backplane
Contact:
Nick Coe · [email protected]
RSVP: http://www.fwd.us/ca_072613_sandiegoroundtable
Lyft Launch Party! July 2nd
Events, Press Releasehttp://sandiegolyftoff.eventbrite.com/
Date: July 2nd, 2013
Time: 6:00 pm to 10:00 pm
Location:
Vin De Syrah
901 5th Ave.
San Diego, California 92101
Twitter: @lyft #sdlyftoff
The tidal wave of pink mustaches is coming to San Diego. Join us for Lyft’s San Diego Launch Party on Tuesday, July 2nd from 6-10pm at Vin De Syrah.
RSVP HERE: http://sandiegolyftoff.eventbrite.com/
What to expect? An underground oasis filled with magicians, fortune tellers, bumping beats, and delicious treats. Did we mention an open bar to wet your whistle? Just download the Lyft app (http://lyft.com) and prepare to flash it at the door. We’ll send you home with $50 of Lyft credit and maybe even a pink mustache of your own!
What is Lyft, you ask? We’re your new best friend with a car. Try out the app for outrageously affordable rides on-demand around San Diego, starting July 3.
Can’t decide what to do tonight? – Now, there’s an app for that
Press ReleaseSan Diego, June 7, 2013 – How many times have you asked the question: What should we do tonight? Now, you can just leave things to Fate® – an app released Friday by local Encinitas mobile software provider S3CO – to solve any social stalemate. Whether you’re in a group, on a date, with family or alone, Fate suggests activities suited to your personal tastes. Just tap the answers to a few quick questions about your mood, how much money you want to spend or the type of people you’re with – and Fate will show you the path out of boredom. And so nothing is left to chance, Fate allows for secure integration with Facebook and Twitter to build you a profile for your best possible recommendations. Put Fate in the palm of your hand today by visiting http://www.fateapp.com or purchase at the introductory price of $1.99 in the iTunes App Store or Google Play Market under Fate App.
“Fate isn’t just another magic 8-ball app. There’s intelligence behind every recommendation,” said S3CO founder Kurt Stump, whose background in financial data modeling adds to the intuitive dimensions of the application. “Also, Fate isn’t just going to direct you to that restaurant down the street that’s paying for advertising.” Fate is a breakthrough application, which uses patent pending technology to look at multiple factors of your Online Persona™ including your Facebook profile, likes, check-ins, photo comments, and status updates as well as your Twitter timeline and tweets – all to give a remarkably customized response. You can turn-off the Facebook and Twitter integrations, if you’d like, and still receive solid advice about how to spend your day or night. Just remember, Fate’s integrations also allow you to receive specific recommendations on local restaurants, shops, bars, clubs, and attractions wherever you are. Oh, and don’t worry – Fate doesn’t transfer any of your Facebook or Twitter data off of your device and deletes it as soon as you log off.
Fate works for any social situation. Whether you’re going on a romantic first date, heading to Las Vegas, taking your dog out to brunch, home alone or spending the day with the kids – Fate works for you. Answer as many or as few question as you like. Fine tune your results with the thumbs-up/down feature, banish annoying activities from future searches, and even add ‘inside jokes’ or local hangouts to your activity results. Get things moving by sharing what Fate tells you to do via Twitter or Facebook and tag your friends in the group.
Fate is now in your hands and ready to be installed on your phone.
Based in Encinitas, CA, S3CO was formed in 2013 by entrepreneur Kurt Stump. Visit http://www.s3co.com for more information.
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If you would like further information on Fate or you would like to schedule an interview, please contact:
Kurt Stump, Founder S3CO
Phone: +1 (858) 412-0365
Email: [email protected]
To download Fate:
http://itunes.apple.com/us/app/fate-app/id656494847
http://play.google.com/store/apps/details?id=com.s3co.fate