Pressrelease – Prezi to go-to the US with BootstrapLabs

28th of April 2009 San Francisco, Stockholm and Budapest. For immediate release, Prezi has entered into an agreement with San Francisco based BootstrapLabs. to help Prezi establish a US presence.

This is part of an agreement between Prezi, BootstrapLabs and CrossConnect, to provide Prezi with advisory and strategic planning and help Prezi establish a senior advisory board, secure an initial round of funding from business angels, and to reach cash flow positive within 12 months, and prepare for a US market entry and scale-up.

“Prezi is one of the most exciting companies I have worked with during my 13 years as a serial Entrepreneur, and I see great opportunities for Prezi in the US and Silicon Valley, and I think that Microsoft and Google should watch Prezi closely, because Prezi is disrupting the way we present information.”
– says Nicolai Wadstrom, CEO and founder of BootstrapLabs.

“Prezi stands out as an combination of exceptional innovation within the area of user-interface technology combined with an almost unlimited market potential. Prezi will change the way people make their presentations and the way we present and interact with information on the web; both for businesses and individuals”
– says Magnus Bergman, CEO and Partner at CrossConnect.

“USA is the world’s biggest market for presentation tools and we need to capture the strong interest we are seeing in our products. BootstrapLabs allows us to quickly set up presence in the Silicon Valley to capitalize on business opportunities and to be closer to future funding partners. And with the momentum and reception we received from our recent launch we believe we will quickly create an impact on the US market.”

– says Peter Arvai, CEO at Prezi.

Prezi (www.prezi.com) is a leading provider of a new zooming presentation technology. It allows presenters to move beyond the slide-by-slide approach and to simply create amazing non-linear presentations. Prezi launched it’s product 5th of April 2009 after a year of a closed beta period.
This week Prezi also won the award “Most likely to succeed” by the Swedish angel investor network Connect Sweden (East), which gives the company access to a a large number of business angel investors.

BootstrapLabs (www.bootstraplabs.com) is a Silicon Valley Business Lab and out-post, founded and run by Swedish serial Entrepreneur Nicolai Wadstrom. BootstrapLabs allows European companies to quickly and efficiently get an entry to the US market and Silicon Valley in particular. BootstrapLabs can help early stage companies that are in a commercialization phase and ready to go-to market to establish themselves in Silicon Valley, scale up, find licensing and partnership opportunities as well as funding and exit partners.

CrossConnect (www.crossconnect.se) is a management and technology-consulting firm that advise leading technology and service intensive companies in strategic planning and operations management. The partners at CrossConnect are serial entrepreneurs with a strong track record of building successful businesses within the area of information technology, telecom and digital media.

For more information contact:
Peter Arvai, CEO, Prezi, +36 703 403070, peter.arvai@prezi.com
Nicolai Wadstrom, CEO/Founder, BootstrapLabs, +1 (415) 935 1469, nicolai.wadstrom@bootstraplabs.com
Magnus Bergman, CEO/co-founder CrossConnect, +46-7066 417 00, magnus.bergman@crossconnect.se

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