IBM SmartCamp Silicon Valley Courtesy of IBM

Dublin, Ireland & Armonk, N.Y., USA - November 18, 2010

IBM (NYSE: IBM) today named Streetline the IBM Global Entrepreneur of the Year and winner of the 2010 SmartCamp World Finals in Dublin, where the company announced plans to expand its Global Entrepreneur initiative and future SmartCamps in emerging markets including Brazil, China, Mexico, Poland and Turkey.

IBM SmartCamp Silicon Valley Courtesy of IBM

Streetline, which uses sensors that allow citizens to find inexpensive parking fast while helping cities manage their parking resources more efficiently, was selected from more than 600 SmartCamp entries worldwide based on its outstanding technology, innovative business plan, and alignment with IBM’s Smarter Planet strategy.

IBM SmartCamp Silicon Valley Courtesy of IBM

As part of its Global Entrepreneur initiative, IBM SmartCamp brings together start-ups from around the world that are building new technologies to tackle some of the world’s most pressing issues such as the environment, energy efficiency, traffic congestion and personalized healthcare.

IBM 2010 SmartCamp World Finals in Dublin. Courtesy of IBM

SmartCamp World Finals participants receive mentoring, access to industry experts and technology, and deeper partnership opportunities from IBM, venture capital firms and industry partners.

Streetline at IBM 2010 SmartCamp World Finals in Dublin. Courtesy of IBM

“We are honored to be named the IBM Global Entrepreneur of the Year. With our smart sensors, we can dramatically reduce the amount of drivers’ time looking for parking, and improve the efficiency of a city’s traffic and parking network,” said Zia Yusuf, president and chief executive officer, Streetline.
“Smarter Cities will change how people work and live. Parking sensors are only the first step, and we look forward to working with IBM to help make cities ‘smarter’.”

Streetline at IBM 2010 SmartCamp World Finals in Dublin. Courtesy of IBM

“The SmartCamp participants are all excellent examples of the kind of next generation entrepreneurs we need to make Europe an Innovation Union,” said Máire Geoghegan Quinn, European Union Commissioner of Research and Innovation.
“We congratulate all of the participants in the 2010 SmartCamp World Finals, and Streetline as the winner.”


IBM Expands Global Entrepreneur Initiative and SmartCamps


IBM launched the Global Entrepreneur initiative in 2010, and today announced plans to expand the program next year to emerging markets including Brazil, China, Mexico, Poland and Turkey.

Streetline at IBM 2010 SmartCamp World Finals in Dublin. Courtesy of IBM

As part of this expansion, IBM plans to host SmartCamps throughout 2011 at new locations around the world including Rio de Janeiro, Shanghai, Mexico City, Warsaw and Istanbul.

Streetline at IBM 2010 SmartCamp World Finals in Dublin. Courtesy of IBM

SmartCamp winners join participants in IBM’s Global Entrepreneur initiative.
As a result, they receive mentoring and support from industry experts and VCs, and IBM will help the startup ready its technology on IBM software and hardware at IBM Innovation Centers.

Streetline at IBM 2010 SmartCamp World Finals in Dublin. Courtesy of IBM

The criteria for start-ups to participate in IBM’s Global Entrepreneur initiative are: the company must be privately-held; in business less than three years; and actively developing software aligned to IBM’s Smarter Planet focus areas.

Jim Corgel (left), IBM GM of ISV and Developer Relations, and Streetline President and CEO Zia Yusuf (center) and CTO Mark Noworolski (right). San Francisco based startup Streetline was named IBM Global Entrepreneur of the Year and winner of the 2010 SmartCamp World Finals. Streetline makes sensors that help drivers find available parking spots in major cities. Courtesy of IBM

In addition to Streetline, 2010 SmartCamp World Finals companies included:

• CareCloud - Enables a digital ecosystem for the healthcare industry on the Internet where participants can transact on a business level using rich applications designed to streamline business processes and provide full transparency into workflow.

• LindCom - Measures the contents of tanks and silos and reports measurements via the Internet to optimize and streamline the distribution and production of commodities.

• Panoramic Power - Developing an inexpensive, cloud-based service for precise and granular monitoring of electrical power that enables energy savings, failure prediction, preventive maintenance and submetering.

• Predect - A unique online water protection solution, whose early warning system enables immediate action before infecting a population.

• Sproxil - Smart technology fighting counterfeit medicine in emerging countries, cell phone technology used at point of purchase to validate genuine drugs.

• TreeMetrics - Creating 3D imaging technology that measures forests for optimum harvesting.

• VisioHost - Unites innovative technology with scientific and medical research by providing lifecycle solutions for the management and archiving of images.

• WorldSensing - Industrial wireless sensing in smart structures, smart cities and smart oil fields.

Courtesy of IBM.

“We congratulate Streetline for becoming the IBM Global Entrepreneur of the Year,” said Jim Corgel, general manager of IBM ISV and Developer Relations.
“This entire year of SmartCamp events across the world has brought forward the best startup companies in the world, and we look forward to working with them to help bring their new solutions to market.”

The sponsors of the 2010 SmartCamp World Finals include Dublin City Council, Enterprise Ireland, Kaufmann Institute, KPMG, NCB and SeedCamp.

More information and videos about the SmartCamp World Finals are available on the SmartCamp blog at

http://ibmsmartcamp.wordpress.com  

and a replay of the three-day SmartCamp World Finals webcast and interviews are available at

www.livestream.com/ibmsoftware  

For more information on IBM Global Entrepreneur, visit

www.ibm.com/isv/startup  


Contact(s) information

Tim Willeford
IBM Media Relations (U.S.)
Mobile +1-978-413-4041 (on Nov. 18-19, 2010)
Office 914-766-1107
twilleford@us.ibm.com

Jim O’Keefe
IBM Media Relations (Ireland)
+353-86-854-2054
okeeffe@ie.ibm.com

http://www-03.ibm.com/press/us/en/pressrelease/33026.wss  


Video
Streetline Named IBM Global Entrepreneur of the Year

http://www.youtube.com/watch?v=FWTotlydvAA&feature  


Video
IBM SmartCamp Silicon Valley

http://www.youtube.com/watch?v=Bs1rnZoevvM&feature=related  


Video
Streetline Part 1

http://www.youtube.com/watch?v=7CL4l1faqmY&feature=related  


Video
Streetline Networks part 2

http://www.youtube.com/watch?v=IhznCgLUSxE&feature=related  


Video
IBM SmartCamp Silicon Valley

http://www.youtube.com/watch?v=eTIECgrMsCM&feature=related  



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