Archive for February, 2010

FOR IMMEDIATE RELEASE    

Wharton MBA Venture Capital Winners Choose PlaySay Inc.

“$1 million mock investment with a $2.5 million post-money company valuation”

PHILADELPHIA, PA, February 2, 2010 — Judged by four esteemed venture capital investors from NY and PA, the investment team which won the 2010 Annual Wharton Sustainable Venture Capital Investment Competition chose to invest $1 million in PlaySay Inc. with their mock investment fund with a $2.5 million post-money company valuation.

PlaySay Inc. was one of four companies selected to present in the prestigious annual competition at Wharton on January 29^th, 2010. According to Alexander Perevalov, Director of the Wharton MBA Venture Capital Club, 25% of companies who participate in the competition receive venture capital funding within a year of the competition.

The winning investment team of the annual Wharton Sustainable Venture Capital Investment Competition will move on to participate in the national annual Sustainable Venture Investment Capital Competition. The winning investment team this year at Wharton impressed the real venture capital investment judges with their overall performance and choice of investing in PlaySay Inc. with their mock investment fund.

The Wharton Journal: The competition is a whirlwind of activity, forcing students to make thoughtful investment decisions in a 24-hour span. Teams play the role of venture capitalists, evaluating business ideas using a triple bottom line of financial profitability, environmental integrity, and social equity to determine whom to support. They interview the entrepreneurs, asking tough questions under the watchful eye of VC judges who assess team dynamics, insight into the financials as well as the rapport with entrepreneurs. Then, the real work begins – developing an investment framework, writing a term sheet, and creating a PowerPoint presentation to share their vision for these companies.

Founder of PlaySay, Ryan Meinzer is ecstatic with his two latest accomplishments including winning 3^rd place in last week’s 3^rd Annual DEMO Night.  “MoMo is truly spearheading the mobile technology movement. I was very honored to be selected as a winning presenter in their sold-out DEMO event, and am forever grateful for the investment traction in PlaySay which has followed,” said Meinzer.

“The caliber of applications for our 3rd Annual DEMO Night was exceptionally high,” said Lisa Allen, Mobile Monday Mid-Atlantic Board Director. “PlaySay stood out from the crowd thanks to its simple yet innovative application and polished presentation performance, earning a well deserved commendation in live voting on the night.”

About PlaySay Inc.

PlaySay empowers busy people to extract value from any idle minute with the most practical language learning on the go. The company was launched in 2008, and is fully sustainable.  It was initially funded by a PayPal Japan Executive, and has been featured in the Philadelphia Inquirer and the Tokyo Metropolis.  PlaySay has 10+ million free products in use by 4,000+ users with 3,000+ products sold to date, and is currently seeking funding to continue its sustainable and profitable expansion (invest@playsay.com).

###

Media Contacts

Jennifer Sherlock, 609-369-3482, jsherlock@jennacommunications.com

FOR IMMEDIATE RELEASE

Find LOVE in the New Year ~~ Just in time for Valentine’s Day!

“Double your shot at love & money”

PHILADELPHIA, PA, February 2, 2010 — Jenna Communications LLC, a Philadelphia based Public Relations and Special Events firm has announced today its second Laid Off Looking for Love event on Thursday, February 4 at Public House located on 1801 Arch Street.  The popular event took on the Delaware Valley in September, and Manhattan in October, and it’s back just in time for you to find a date this Valentine’s Day.

If you are laid-off, bored with your job, or love the job that you have, spice up your life with Philly’s sexiest singles! This time the charity-dating auction is two hours long at people’s requests!

Come out and bid for a date with a hot new someone!  Dozens of sexy singles will be auctioned off by CELEBRITY EMCEES like WMMR’s Marissa Magnatta, and Miss New Jersey 2010 Chenoa Greene.

For those who are unemployed, PhillyJobFest.com is sponsoring the event and will be on site to help those looking for work find that job they’ll love!

There’s no charge at the door, and every attendee will be given one free drink ticket.

There will be career networking from 7-8, and the dating auction starts promptly at 8 and runs until 10pm. A portion of the proceeds goes to Nova Nation Project Haiti.  It’s a charity relief program set up by Villanova University for the earthquake victims from Haiti.

Event organizer Jennifer Sherlock says her goal is to scale these events nationally one city at a time.  “Unemployed or not, people will always be in need of finding jobs.  Plus, my events also give you a shot at finding love,” said Sherlock.  “You never know who you’ll meet, so don’t knock it until you see what it’s all about!”

Comcast Dating On Demand will also be at the venue shooting dating profiles for an upcoming show.  Laid Off Looking for Love has been featured on CBS 3, and KYW Newsradio 1060.

###

Media Contacts

609-369-3482, jsherlock@jennacommunications.com