STaSIS Engineering Selected to Present at Mid Atlantic Venture Association Conference
STaSIS Seeking Expansion Funds at 2010 Capital Connection in Baltimore
STaSIS Engineering has been selected to present at the Mid Atlantic Venture Association (MAVA) investment conference Capital Connection (http://www.capitalconnection.org), the Nation’s Technology Innovation and Investment Conference held at the Baltimore Hilton on May 19 to 20. STaSIS Engineering is one of 40 presenting companies competitively selected out of a pool of more than 150 previously filtered applicants. Several hundred venture capital and private equity investors will attend.
Following its success over the past year—in a recessionary environment—STaSIS Engineering is seeking a $2.65 million Series C investment round to continue its expansion. These funds will enable STaSIS Engineering to take advantage of the rapidly recovering automobile market to further extend its leading position as the premier aftermarket supplier to Audi franchise dealers.
“This conference is an excellent opportunity to seek capital to fuel our continued growth in the automotive performance enhancement space,” said STaSIS Engineering president and CEO Paul Lambert. “The fact that STaSIS Engineering is able to approach capital markets to raise expansion capital reflects the maturation of the automotive performance market and the soundness of our business model. This funding will enable us to add products and services to this already successful channel to capture the rapidly expanding market.”
MAVA Executive Director, Julia Spicer commented on STaSIS Engineering’s selection, “We strive to have a diverse, dynamic and exciting group of companies that address a multitude of market needs to present to our investor firms and STaSIS Engineering fits that mold.”
Tickets for Capital Connection can be purchased at http://capitalconnection.org. The STaSIS Engineering presentation will be at Capital Connection on May 19 or 20 and more information will be available at the STaSIS Engineering booth #33.
STaSIS Engineering (www.stasisengineering.com) is dedicated to providing automotive performance distinction to the mainstream automobile consumer. We specialize in performance-enhancing brake, suspension, driveline and engine products leveraging race-bred technologies from in house motorsports experience and top-tier race manufacturers. Our portfolio includes high-performance parts for Audi R8,
TT, S5, S4, A6, A5, A4 and A3 models, as well as other Volkswagen Audi Group (VAG) products. Our commitment to the highest quality automotive performance products, backed by original equipment manufacturer (OEM)-level warranty and service, allows STaSIS to bring the performance and distinction of exotic car ownership in line with the cost and convenience of a mainstream automobile.
MAVA represents private equity and venture capital firms with investment interests in the mid-Atlantic. As the flagship industry association for the region, MAVA’s membership includes more than 500 venture capital professionals representing nearly 100 firms with collectively more than $90 billion in capital under management. In addition, their key partners are members: advisors and professionals from banking, accounting, law, financial, executive search, real estate, business and consulting practices, international to local government development agencies, universities and federal laboratories, as well as up-and-coming company CXOs. MAVA offers a variety of programs, industry research and forums designed to directly assist company development through funding options; encouraging exchange of ideas and collaboration among members; fostering solid relationships among investors, entrepreneurs and key industry services professionals; and providing information on industry trends. These resources are the foundation for a strong business community that fosters innovation. MAVA’s top-flight programming is developed to attract and engage entrepreneurs and innovators, expand benefits to companies at different stages of development and serve investors across the private equity spectrum. MAVA provides an industry-focused network that helps advance ideas while providing an efficient platform for new-to-market players as well as experienced professionals serious about private equity investing and creating exciting enterprise opportunities. For more information about MAVA, go to www.mava.org.