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CommNexus and Irvine Company Launch Innovation Center

MEDIA ADVISORY

New Tech Cluster – CommNexus and Irvine Company
Launch New Innovation Center in UTC

Event Will Include Demos by Tech Start-Ups Currently Being Mentored
By EvoNexus, SD’s Only Community-Supported, Pro-Bono Incubator
WHAT: Open house (invitation-only) heralding San Diego’s emergence as international high-tech hotbed

WHEN: 5:00 to 8:00 p.m. Tuesday, Aug. 24, 2010
5:00 – 5:45 PM – private interviews for the media with key executives and dignitaries plus VIP Incubator tours
* (Media interviews also available from 9:00 to 11:00 a.m. onsite)

WHERE: CommNexus’ new headquarters, 4225 Executive Square, 4th floor, UTC La Jolla

WHO: Region’s leading entrepreneurs, executives behind the emerging technology incubator, and elected officials

EVENT DETAILS: San Diego County’s hottest up-and-coming high-tech companies will showcase their innovative technologies at an open house hosted by CommNexus at its new 18,000-square-foot headquarters in UTC La Jolla. Founded in 1998, CommNexus is a leading non-profit high-tech trade organization that provides facilities and comprehensive infrastructure support to local early-stage tech companies.

In 2009, the organization launched EvoNexus, San Diego’s only community-supported, fully pro-bono technology incubator. EvoNexus is currently shepherding – under one roof at 4225 Executive Square – 10 of San Diego’s most promising high-tech startups as they strive to bring future technology advancements to market. In a milestone for the year-old incubator, EvoNexus will “graduate” two companies it has nurtured into independent, sustainable companies. The open house is being co-hosted by the Irvine Company, which formed a strategic partnership with CommNexus to provide office space for the incubator entity at the non-profit’s headquarters.

During a brief ribbon-cutting ceremony, dignitaries will discuss how UTC La Jolla is fast becoming a coveted destination for high-tech firms – and the benefits this will bring to the region’s business environment, economy and reputation. The open house will include incubator facility tours, technology demos and opportunities to speak with San Diego’s top industry and civic leaders.

AGENDA: 5:00 to 6:00 p.m.: registration and reception
5:00 to 5:45 p.m.: Media/VIP Incubator Tours and Executive Interviews
6:00 p.m.: Remarks/ribbon-cutting featuring Sherri Lightner, District 1 Councilmember; John Major, CommNexus Chairman (and Broadcom Chairman); Doug Holte, President, Irvine Company Office Properties; Rory Moore, CommNexus CEO; and Julie Meier Wright, President & CEO, San Diego Regional Economic Development Corp.
8:00 p.m.: Reception concludes