MEMBERSHIP

Our records indicate that you aren't currently a Software Council member. The Software Council is a membership-driven organization, and we need your support to thrive and continue serving you.

Now through September 30th, take advantage of our special offer to attend an event on us! Become a member within 10 days of attending one of our regular events, and we will discount your membership fee by the amount you paid to attend the event (up to $60). Reference discount code FREEEVENT.

Get involved: Join other industry leaders by getting active on one of our committees. The Los Angeles Chapter, Orange County Chapter, Impact! Sales & Marketing SiG and Software Business SiG are all accepting new volunteers.

Volunteer participation requirements are:
1. attend monthly committee meetings,
2. attend events your committee manages
3. maintain a current Software Council membership


Contact Catrina Luedtke at the Software Council office at (310) 325-4000 or Catrina@scsc.org for more information.


VENTURENET: AN INVESTOR'S PERSPECTIVE
By David Cremin, managing director, Draper Fisher Jurvetson Frontier

There is no doubt in my mind that networking is a critical skill when it comes to entrepreneurship and venture capital, so I go to my share of events each year. However, I like to follow one key rule when I am thinking about putting anything on my calendar or when advising companies in the DFJ Frontier portfolio: participate in actions that will create the most extraordinary results.

That's why I decided to serve as chair of the evaluation committee for the annual VentureNet conference in Newport Beach. The event, hosted by the Software Council of Southern California, includes an amazing group of the most active Southern California investors along with representatives from Stradling Yocca Carlson & Rauth and Delotte & Touche. These representatives drive in each year to help find the top technology companies looking for funding. Last year, the event was a huge success, and companies like Meaning Master and CrystalVoice Communications (now a DFJ Frontier portfolio company) received funding after presenting at the conference - a great result!
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Register now to meet the most active investors from San Diego to the Silicon Valley, please join us at VentureNet 2005, held on September 8th at the Four Seasons, Newport Beach. For more details, visit www.VentureNet.org.

Want more VentureNet visibility? A limited number of VentureNet exhibit spaces are still available, so act now to reserve your space. Even if you're not looking for funding, by exhibiting at VentureNet you meet those who have the experience, tools and connections to help you grow your business. The exhibit fee includes a tabletop exhibit space, a full access conference pass, and a company listing and hotlink on the conference Website.

The Software Council wishes to thank the VentureNet Planning, Selection & Mentoring Committee Members:

Jeff Carmody, Agility Capital
Jim Armstrong, Clearstone Venture Partners
Kris Kaufmann, Deloitte & Touche
David Cremin, DFJ Frontier
John Morris, GKM Ventures
Ted Alexander, Mission Ventures
Bill Collins, Publex Ventures
Joseph Marks, Smart Technology Ventures
Chris Ivey, Stradling Yocca Carlson & Rauth
Mark Skaist, Stradling Yocca Carlson & Rauth
Jeff Cohn, Tech Coast Angels
Mike Stuhley, Tech Coast Angels

THE SCIENCE OF HEARING--THE ART OF LISTENING
By Andrea B. Edwards, CustomerCentric Systems, LLC


When we were younger, mom would tell us that we were given two ears and one mouth for a reason. We should listen more often than we talk. And, it's been said that salespeople have two modes of communication: talking and waiting to talk, using our mouths much more often than our ears!

Many, many books and articles have been written about the art of listening. Only, what's the real difference between listening and hearing? And, why should we care?
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SIX STEPS TO MAXIMIZING THE VENTURE CAPITAL RELATIONSHIP
By Gavin G. Galimi and Eric Klein, Katten Muchin Rosenman, LLP


Your venture capital investors have more value to a growing company than the capital they provide. Maximizing that value is what can separate a good company from an explosively successful company. You probably know this already having carefully considered which VC investors to pursue on the basis of their industry expertise and rolodex. But, your venture capital relationships can extend far deeper. Here are six steps to maximize your company's venture capital ("VC") relationships and make your VCs partners in the growth and success of your company.

Wants and Needs List
Every business has a pet list of wants and needs. You may need to add a COO to your management team. You may want to expand into a particular region and are looking for potential target companies to acquire. Perhaps you are looking for a new channel partner. Whatever your wants and needs, take the time to write down your list. Then, share the list with your venture capital investors in regularly scheduled meetings.
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TAKING A SERVICE-ORIENTED APPROACH TO ACHIEVING BUSINESS FLEXIBILITY
By Sandy Carter, IBM vice president of WebSphere strategy, channels, and marketing

The business terrain for today's banking, insurance and financial markets organizations is fraught with challenges from competitors, complexity, regulations, consolidation and demanding customers. To navigate successfully, firms must be able to make changes to their business models quickly and precisely. They must also be flexible and thus require flexibility in their IT infrastructures. Many firms are pursuing an approach that addresses these needs by integrating systems based on a service-oriented architecture (SOA).

As an IBM vice president in charge of WebSphere strategy, channels and marketing, I see first hand how integration and SOA strategies are changing the way IT operates in today's financial services industries. Essentially, SOA is a methodology that helps organizations transform applications into component business processes called services. Combine them or add new ones - companies can change the processes to address dynamic business needs and leverage the services across horizontal boundaries. The business process is no longer bound to a specific platform or application. It can be treated as a component and be reused or changed.
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TECHNOLOGY PR: MYTHS REVEALED
By Rose Maciejewski, vice president, Ruder Finn

Public relations is often regarded as a "gray" area within marketing, one of the least measurable of marketing activities. Within technology PR, confusion is even more prevalent - clients may regard it as costly, time consuming and lacking bottom line benefits. While the benefits of public relations may never be completely "black and white," the truth is most misgivings about it are based on "myths" that, upon closer examination, are not accurate or even remotely rooted in the truth. Tech PR can and should be cost-effective and also have a positive affect on your bottom line, but, as with most worthwhile endeavors, success requires a commitment. The following article addresses some of the biggest misperceptions about technology PR.

Myth #1: Tech PR is cost prohibitive.
The halcyon days of large-scale PR programs that were based on flash and no substance are gone. While it's fun to throw a big party on a yacht in Marina Del Rey, it's no longer the hallmark of a PR proposal to include expensive galas. Today's journalists want to get right to the heart of the product - so affordable events, such as Webinars, are much more in line with their thinking.
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Join The Discussion
The Software Council's Valley Chapter is addressing cost effective tech PR at its upcoming September 20 event "Publicity on a Budget." Register now and join us for this fun and informative evening.


MEMBER SPOTLIGHT: INTERVIEW WITH RIGHTSLINE CEO, RUSSELL P. REEDER
Interview by Jennifer Beever


RightsLine, Inc. is an up and coming software company that survived the downturn of 2000 and 2001. RightsLine now has twenty-seven employees and last month was awarded a patent for intellectual property database navigation.

What exactly does RightsLine do?
What we do is very similar to a manufacturing environment. We help companies keep track of all their intellectual property - their trademarks, their patents, and their copyrighted information. The first vertical we started in was media entertainment. Now that Media and Entertainment products are going digital, there are many new avenues of distribution. Before RightsLine, content owners had to go back to the filing cabinet to see if they had rights to distribute content. So, really, the Internet is almost like the Wal-Mart for this content distribution and all intellectual property distribution. But content owners now need to implement new back office solutions to keep track of what rights they have and what royalties they collect and pay out.

What's an example?
A great example - EMI Music is one of our customers. They keep track of all of the rights that they have with all of their artists. And, before they do a deal, they can look up what approval process they have to go through. RightsLine generates the contract and keeps track of all the terms and conditions and does any royalty payment processing as well.
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SOFTWARE COUNCIL SPONSOR WINS NATIONAL BLOGGING AWARD!

ExactTarget, one of the Software Council's Silver Sponsors recently received national recognition when their Co-Founder and Chief Marketing Officer, Chris Baggott, was awarded the Best Online Marketing Blog by MarketingSherpa, one of the most respected marketing publications on the Internet.

Specifically, "Chris Baggott's Email Best Practices" was voted one of the 10 Best Blogs for 2005 in a contest that involved more than 2,065 reader-judges reviewing some 52 different blogs before selecting the 10 best. Baggott's was the only corporate blog that received recognition.

Since then, Forbes.com has also specifically cited this blog as one of the best marketing blogs in the country. So, check out Chris' latest writing at and see for yourself what an award-winning blog looks like.

Congratulations to ExactTarget and to Chris Baggott for this recognition!

Blogging Your Way To The Top
Join us on September 15th in Santa Monica for our Impact! event, "Blogging Your Way to the Top". Chris Barnes, Business Development Manager for ExactTarget, will be a panelist at this event that will focus on how to effectively use blogs to enhance your firm's marketing efforts. Chris Barnes has worked closely with Chris Baggott over the years and besides understanding Baggott's expertise on this subject, Chris Barnes has his own very active and informative blog. Take a look at Barnes' blog, and then join us for a lively and informative discussion in September. Register Today


30% OF FAST-GROWTH PRIVATE COMPANIES APPLYING SARBANES-OXLEY PRINCIPLES

PricewaterhouseCoopers' Trendsetter Barometer interviewed CEOs of 341 privately-held product and service companies identified in the media as the fastest growing U.S. businesses over the last five years. The surveyed companies range in size from approximately $5 million to $150 million in revenue/sales.

Three in ten fast-growing private companies are looking to benefit from provisions of the Sarbanes-Oxley Act. As they and others decide which aspects of the Act are appropriate for them, they must ask themselves two fundamental questions: Will adoption of those elements make a better company? Do the benefits outweigh the costs?

Many Benefits Seen
CEOs from 30 percent of the nation's fastest-growing private companies say that the Sarbanes-Oxley Act has had an impact on them and their business over the past 12-24 months (17 percent), or will in the near future (13 percent).
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THANKS TO OUR NEW AND RETURNING MEMBERS
Warren L. Davis
Alteer Corporation
www.alteer.com
Michael Lee
Masterprivacy.com
www.masterprivacy.com
Chris Barnes
ExactTarget
www.exacttarget.com
Erik Jessen
MataiTech
www.mataitech.com
Jim Rigby
Financial Valuation Group
www.fvginternational.com
Alan Porter
Night Diamonds Software
Fred Thiel
IP Vault Ventures, LLC
Deni Loubert
NovelGrafx Inc.
www.novelgrafx.com
Chris Capdevila
Logical Apps
www.logicalapps.com
Steven Mednick
Plenum Revenue Group, LLC
www.plenumrevenuegroup.com
Barbara Lewis
MarQuant Analytics
www.MarQuantAnalytics.com
Hugh Heinsohn
Xytech Systems
www.xytechsystems.com

CONTENTS

  • Membership
  • Venturenet: An Investor's Perspective
  • The Science Of Hearing-The Art Of Listening
  • Six Steps To Maximizing The Venture Capital Relationship
  • Taking a Service-Oriented Approach to Achieving Business Flexibility
  • Technology PR: Myths Revealed
  • Member Spotlight: Interview with RightsLine CEO, Russell P. Reeder
  • Software Council Sponsor Wins National Blogging Award!
  • Fast-Growth Private Companies Applying Sarbanes-Oxley Principles
  • Meet New and Returning Members
  • UPCOMING EVENTS

    September 8
    VentureNet 2005
    Plug Into the Right Network

    September 15
    IMPACT Sales & Marketing
    Blogging Your Way to the Top!

    September 20
    Valley Chapter Dinner
    Publicity on a Budget

    September 29
    Software Business SIG
    Tools for a Mobile Workforce

    October 20
    Orange County Chapter Dinner
    Software Pricing and Licensing:
    The New Rules for Success

    CORPORATE SPONSORS

    Infinity

    Katten Muchin Rosenman LLP

    Ruder-Finn Inc.

    Platinum

    IBM

    Gold

    Murano Software, Inc.

    PricewaterhouseCoopers LLP


    PR Newswire

    Silver

    CJ Patrick Company

    ExactTarget, Inc.

    Invest Quebec

    Stradling Yocca Carlson & Rauth

    CONTACT

    Scribe Editor:
    Sue Taylor

    Director of Programming & Operations
    Catrina Gruver-Luedtke

    Address:
    Software Council of
    Southern California
    2537-D Pacific Coast Hwy.
    Suite 348
    Torrance, CA 90505

    Phone: (310) 325-4000
    Facsimile: (310) 878-0358

     

     

     

     

     

     

     

     

     

     

     

     

     


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