VectraCor, Inc. Elected The Top Emerging Company in US by 100 Venture Capital Funds & Angel Investors
VectraCor was awarded First Place National winner for the Pitching Across America competition for Emerging Companies. VectraCor has patented technology that can detect a heart attack in real time and derive a 12-22 lead ECG with only 5 electrodes on a patient. This technology is very disruptive to the current practices, and potentially reduces costs and time to diagnose a heart attack.
- (1888PressRelease) October 29, 2010 - Totowa, New Jersey - VectraCor, Inc., a NJ medical device company, has been named the Top Emerging Company in America - 2010 of the FundingPost Seventh annual Pitching Across America(TM) competition. VectraCor
(http://www.vectracor.com, is a medical device company in NJ with disruptive technology in the cardiovascular space. Cardiovascular Disease is the number 1 killer in the world and the need to improve the detection of a heart attack-Acute Myocardial Infarction (AMI) is crucial. The current emergency room practice of chest pain evaluation is to connect the patient to a monitor (3-5 electrodes), then connect an additional ECG machine (additional 10 electrodes), and then draw blood to measure biomarkers, repeated every 6 hours during 18-24 hour period. VectraCor will detect an AMI within seconds and derive the 12-22 lead ECG from only the monitor using 5 electrodes, resulting in reduced costs and time for detection, which is a potential for saving lives. VectraCor's technology is extremely important to both patient and clinician.
FundingPost, a company that has been introducing entrepreneurs to investors for almost 5 years, established the Pitching Across America competition in which 100 Venture Capital Funds and Angel Investors served as judges voting on business summaries from emerging companies nationwide. The largest Venture Capital competition ever organized, this year's Pitching Across America was sponsored by PRNewswire. Emerging companies were evaluated on a scale of 1 to 10 and judging criteria consisted of several key points including: the professionalism of the written summary, current stage of development (customers, revenue), competitive advantage and need in the marketplace, feasibility for success, and whether the company is "VentureWorthy(TM)."
"We are very pleased to have been chosen as this year's First Place National Award for Emerging Companies. To be selected from a large and impressive list of companies throughout the United States is a great honor," said Brad S. Schreck, CEO of VectraCor, Inc. "FundingPost has provided an opportunity for VectraCor to be noticed for its disruptive technology thereby obtaining funding from potential investors, which will enable VectraCor to continue its roadmap to success."
Pitching Across America Sponsor: PR Newswire
PR Newswire, the world's largest distributor of news releases, has over 40,000 members worldwide -- many of which are small businesses, entrepreneurs and start-ups. Our members benefit because their news releases are accessible in the locations where the media goes to get raw material for their stories. For additional information please contact 888-776-0942 or e-mail information ( @ ) prnewswire dot com dot
About FundingPost
For over four years FundingPost has worked with thousands of Angel and Venture Capital Investors and Entrepreneurs. With over 5,000 CEOs and 600 Venture Funds attending events in 15 cities nationwide; a quarterly Deal flow magazine; and a deal-exchange website that has, on average, seen an introduction of an Investor to an Entrepreneur every business day since its inception; FundingPost believes that it is important to reach investors in every medium possible -- both online and offline, and is experiencing strong growth as the venture capital markets continue to improve worldwide. Note to editors: For additional information regarding the Pitching Across America competition, its winners or the its judges, please contact Deborah Hertlein at FundingPost who will facilitate any one-on-one interviews with FundingPost, the winning companies or the Venture Capital / Angel investors.
VectraCor, Inc
For more information please contact Brad S. Schreck at 973-768-0402 or email bschreck ( @ ) vectracor dot com
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