Plug & Play TechCenter Selects ViSS Technologies to Join the GOLD Membership Advisory Program

SUNNY VALLEY, Oregon, May 19, 2011 /PRNewswire/ -- ViSS Technologies, an innovative startup providing one of the fastest video search technologies on the web, has been selected by Plug & Play TechCenter as one of the few startups worldwide to join the GOLD Membership Advisory program. The program provides professional services and direct coaching by senior experts to high-flying startups. Through the program, ViSS is presented with fund raising opportunities and gains access to the unique network of business resources provided by Plug & Play. Those resources include, amongst others, a world-class network of serial entrepreneurs, strategic investors, and industry leaders who will actively assist ViSS to build a rapidly growing and profitable enterprise.

Alireza Masrour, VP of Technology Investment for Plug & Play Venture Group, said: "We are truly delighted by joining forces with ViSS Technologies and being part to their prosperous business venture. We believe that ViSS's innovative technology has the potential to monetize video publishing business 10X better with the way users handle and consume video."

Greg Doumenis, CEO of VISS, said: "Plug & Play TechCenter has created the perfect ecosystem for startups to blend and grow in Silicon Valley. Here, open-minded and entrepreneurial spirit are complemented with professionalism and experience, forming a highly productive and energetic environment. We are excited to be part of the GOLD membership circle, and look forward to capitalize our technology and business potential."

About ViSS Technologies (http://www.viss-tech.com)

ViSS Technologies is an early stage video technology company, with over two years of innovative research in the development of an Ultra-fast, patent pending, stream based video search engine. This technology addresses the On-line video market (both B2C and UGC - User Generated Content), the broadcast media tracking market and multimedia social networks. ViSS is actively supported by the Corallia Clusters Initiative (http://www.corallia.org) and is a member of the Hellenic Semiconductor Industry Association (http://www.hellenic-sia.org).

About PlugAndPlayTechCenter (Plug and Play Tech Center)

Located in the heart of Silicon Valley, Plug and Play TechCenter is a community of over 280 technology startup companies in the areas of Web 2.0, Social Media, Social Networking, Mobile, Cloud Computing, gaming and software. Since its inception in January 2006 the center has helped its startups raise in excess of $750 million in venture funding. Entrepreneur-centered with strong relationships with the most influential venture capital firms of Silicon Valley and Ivy League universities in the nation, PlugandPlayTechcenter.com has become the ultimate place to launch and grow promising new technologies.

SOURCE ViSS Technologies