Dotcom funding from IgniteAsia Challenge

SINGAPORE - Did you think the dotcom dream had disappeared? No...it just got bigger. Organised by The Quintus Group, the IgniteAsiaChallenge, a competition for non-public internet companies looking for 1st and 2nd round funding, has come to South East Asia and launches the first of its five city roadshows here in Singapore on September 4th at the Grand Hyatt Hotel.

Hotfoot from its highly successful North Asia leg, IgniteAsia is working in partnership with nine of the region's leading organisations, Microsoft (Nasdaq: MSFT), Compaq, Indosuez W.I. Carr Securities, Cable & Wireless HKT Bain & Company, LabMorgan, NETVIGATOR.com, Infocomm Development Authority of Singapore (IDA) and CNBC to provide funding and profile for new businesses in all forms of the Internet including mobile and broadband.

Similar contests organised throughout Europe and the US helped raise millions of US dollars for dotcoms seeking first or second round funding. Companies that progress to the IgniteAsia final gain extra mileage and promotion via the region's press adding greater value to the company prior to IPO.

"With so many brilliant business ideas out there it's often difficult to talk to the right people at the right time. IgniteAsia offers dotcom's an unprecedented opportunity to get in front of those people and get funded. We had tremendous success with the competition in North Asia and I am confident we will see this duplicated in South East Asia. Everyone is welcome to compete, the more the better!" commented Ed Milbank from The Quintus Group.

Roadshow details:
Date: 4 September 2000
Venue: Grand Hyatt Hotel
Registration: 6.00pm

IgniteAsia subsequently travels to Bangkok, KL, Manila and Bangalore with the grand final held back in Singapore on 8-9 February 2001. Entries, in the form of an executive summary, can be submitted now via the IgniteAsia site at www.igniteasiachallenge.com.



About Ignite Asia

IgniteAsia offers Asian Internet entrepreneurs unparalleled access to the most important Internet investors in Asia, including major venture capital and private equity companies. It also facilitates introductions to leading individuals and decision makers in some of Asia's most prominent Internet technology providers.

About The Quintus Group

The Quintus Group was formed in 1991. It has offices in London, Hong Kong and Singapore.
The Quintus Group specialises in the ownership and marketing of intellectual property rights. Its core business concentrates in two main areas: The ownership of sports & other leisure events and the ownership of television
and film product.