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Australian Distributed Incubator invests in Digislide

Announcement posted by Australian Distributed Incubator Pty Ltd 09 Feb 2006

Australian Distributed Incubator (ADI), a physical and virtual incubator that invests in early stage companies and is supported by the Australian Federal Governments ICT Incubators Program and the Victorian Governments VicStart Program, today announced its investment in miniature digital projection technology company Digislide.
Digislide was recently selected to participate in the prestigious DEMO 06 conference (http://www.demo.com) one of the worlds premier forums for revolutionary technology innovations. Adelaide-based Digislide will be demonstrating a prototype miniaturised digital projector that is suitable for incorporation into hand-held devices such as mobile phones.
Digislide was invited to participate at DEMO after being nominated as one of the two best companies exhibiting at the ANZA Technology Network conference in Palo Alto, California, in November last year.
In its 15th year, DEMO hand-picks 70 start-up companies from around the world to present their technologies in front of an audience of venture investors, service providers and media representatives. Previous events launched technologies such as the Palm personal digital assistant, Sun's Java programming language, and the TiVo personal video recorder.
Digislide have been working on taking its concept of a miniature digital projector through to a working prototype. The prototype that will be demonstrated at DEMO measures only 39.7 millimetres long and is 25 millimetres square, which makes it the world's smallest digital projector. The device is capable of projecting an image at A3 dimensions on to a flat surface, enabling hand-held devices to display complex information such as maps or timetables.
Digislide is attending DEMO to find manufacturing partners to license its technology into mobile phones, PDAs, notebook computers and hand-held games.
Digislide represents one of the most exciting emerging technologies in the global ICT industry with new applications appearing everyday, said Ivan Kaye, executive director of ADI.
Demo 06 takes place in Phoenix Arizona, USA this week.
About Australian Distributed Incubator (ADI)
Australian Distributed Incubator (ADI) is a BITs Incubator Fund that help talented entrepreneurs build leading technology companies. ADI specialises in identifying and supporting ventures that have unique offerings with global potential in the Information, Communication and Technology (ICT) arena.
ADIs investee companies include; Blue Reef (Network Security), Retriever Communications (Mobile Applications), iVox (Voice over Internet Protocol), CorProfit (Risk Management Software), ConnXion Limited (Document Management & Delivery Software), Webit Technologies (Event Management Software), Martian Logic (Recruitment Advertising Management System), Start Corporation (Mobile Commerce), Bio Recognition Systems (Fingerprint Recognition System), ETG (Knowledge Management Software), vRoam Global (Mobile Phone Service Provider), EMStream (Digital Music & Video Delivery), NetReturn (Accounting/Inventory Management Software) and Digislide (Digital Projectors). For further information, please visit www.adinc.com.au
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Note to editors: Ivan Kaye, Executive Director of Australian Distributed Incubator is available for media interviews. To set up a time, please contact William Scully-Power at MarketingFX.