Maine Tech 2005 May 10 in Augusta

Contact: Joe Carr at (207) 581-3571

ORONO — Maine Tech 2005, an exciting gathering of people and companies who are taking innovative, high-tech approaches to business development, is scheduled for May 10 at the Augusta Civic Center.

The event will feature an exhibit floor, where technology companies will display their ideas and their products. Also present will be service providers like banks, law firms and state business assistance programs. High-tech researchers from the University of Maine, other higher education institutions and non-profit laboratories will display and discuss the latest in Maine-based research advances.

The event is intended to highlight the recent growth in the number of Maine companies developing new technologies, in industries ranging from boatbuilding to biotechnology.

MaineTech 2005 is hosted by the Maine Technology Consortium led by the University of Maine, in partnership with the Applied Technology Development Centers, Maine Technology Institute, Maine Manufacturing Extension Partnership, University of Southern Maine, Technology Law Center and Market Development Center.

Doors open at 8 a.m., with activities continuing through 4 p.m. Gov. John Baldacci and UMaine President Robert Kennedy will speak at 1 p.m. on Tuesday.

Tuesday will feature an “Elevator Pitch Contest,” during which a limited number of companies will have three minutes to present their idea of new
technology products or services to a panel of businesspeople and investors. The contest will feature a $5,000 first place cash prize.

A similar event in 2003 attracted more than 500 people. Organizers expect a larger turnout this year.