The Red Herring, the leading business magazine covering the business of technology, will host the Venture Summit for Java Technology conference at the Java Internet Business Expo on Monday, August 25 in New York City. In addition to 24 individual Java company presentations, the Venture Summit will feature panel discussions from esteemed industry veterans including Ted Schlein, partner at Kleiner Perkins Caufield & Byers venture capital firm and Lew Tucker, ISV Director of Sun Microsystems. Venture Summit provides a forum where CEOs of leading Java companies can present their business models to an audience of leading venture capitalists, top financiers, business development executives, and members of the technology and finance press. By assembling panels of industry experts, The Red Herring editors also offer Venture Summit participants an insider's look at the trends of the Java market.

"Presenting companies will participate in our exclusive gathering to raise capital, create strategic relationships and increase exposure with the financial and technology communities," said Tony Perkins, CEO and editor-in- chief of Herring Communications. "By gathering a dynamic audience of entrepreneurs, investors, and industry executives and visionaries, The Red Herring continues to keep its fingers on the pulse of the technology industry."

Scheduled presenters include: Actioneer, ActionWare, Activerse , Adventure Online Gaming, AlphaBlox, CatchTV, CrystalGate, GemStone Systems, Infoscape, Fuego Technology, ION Systems, Infospace, Junglee, MerzCom, MindQ Publishing, Net-It Software, Neuron Data, Objectsoft, RadView Software, TeleMedia Devices, TRADE aeex Electronic Commerce Systems, Tumbleweed Software, WebLogic, and WorldStreet.

The event will kick off on Monday morning with a discussion of the future of Java technology and investment in new Java companies. Panelists will share their experiences in tracking, evaluating and investing in new Java technology. Speakers include: Alessandro Piol, Managing Director, Chancellor Capital Management; Sharam Sasson, President & CEO, @Large Software; and Ed Sim, Associate, Prospect Street Ventures.

Also featured is a lively debate and discussion about Java's hype and hope by some of the companies who hope to deliver on Java's big promises. Panelists include: Lew Tucker, ISV Director, Sun Microsystems; Charles Fitzgerald, Group Program Manager Java Runtime Team; Microsoft; David Gee, Program Director, alphaWorks and Java Marketing, IBM Corporation; Zack Rinat, President & CEO, NetDynamics; and Steve Thomas, Product Manager Platform Technologies, Netscape Communications.

Industry analyst and Executive Vice President of Computer Intelligence, Aaron Goldberg, will be briefing participants on the trends and forecasts for the Java market. Computer Intelligence is a leading source of fact-based information on the computer and communications industries.

To register for the Venture Summit at Java Internet Business Expo, contact Softbank Forums at (888) 528-2397 (U.S. only) or (415) 372-7069, or visit the web site at www.javaexpo.sbforums.com.

For information on The Red Herring's other event series, including Web Market East taking place September 15 & 16, visit www.herring.com, e-mail events@herring.com, or call Tom Geck at 415/865-2277 ext. 271.

Java Internet Business Expo, the first Internet conference and exposition focused entirely on the issues facing business professionals developing Java and Internet-based solutions, offers an interactive forum for the emerging community of IT professionals using Java technology as the foundation for cross-platform Internet, intranet and extranet applications. For additional information, please contact Softbank Forums at (888) 528-2397 (U.S. only) or (415) 372-7069, or visit the web site at www.javaexpo.sbforums.com.

About Red Herring

The Red Herring magazine is a monthly publication covering the business of technology. Focused on the high growth market of emerging technologies, The Red Herring delivers a worldwide audience of market leaders: technology company executives and top level investors. Herring Communications, a San Francisco-based media company, also produces high-level industry conferences; herring.com, an online daily news service; and Hits magazine.