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Avangate Announces 2013 Business of Software Scholarship Winners

Commerce Provider Accelerates Growth for Three Emerging Software Companies with Educational and Networking Opportunities at the Business of Software Conference

Redwood Shores, CA - October 23, 2013 - Avangate, the leading Customer Centric Commerce solution provider trusted by thousands of Software and Cloud Services companies to grow their business worldwide, today announced the recipients of its Business of Software Conference Scholarship. The three winners - Intern Avenue, Mochadocs, and Weekdone - will receive free passes to the Business of Software conference and the opportunity to attend a networking dinner with software industry leaders.

"At Avangate, we recognize the importance of innovation to the software industry and we are committed to accelerating growth for software companies at all stages," said Carl Theobald, CEO of Avangate. "We offer this scholarship contest for young companies to access the information they need to validate their growth strategies and widen their business network. It's always difficult to pick winners from the group of applicants, but this year's scholarship recipients really stood out for their solid products and clear vision for the future."

All of the scholarship winners are software-as-a-service (SaaS) companies, but each focuses on a different aspect of business. Intern Avenue is a hire-matching platform which helps employers to find and differentiate quickly between candidates, while Mochadocs makes it easy for businesses of all sizes to manage and fulfill contracts. Finally, Weekdone helps managers and teams track their productivity to identify strengths as well as areas for improvement. Each company is taking a creative approach to meeting a defined business need and stands to benefit greatly from the Business of Software Conference.

"We're delighted to welcome the Avangate scholarship recipients to the Business of Software Conference in Boston next week. They have selected interesting, innovative companies, but more importantly three interesting entrepreneurs who share so many of the values with our attendees from around the world." said Mark Littlewood, Director of the Business Leaders Network and Business of Software. "The scholars are always enthusiastic participants and have so much to offer back from their own entrepreneurial experience. We know scholarship recipients make valuable connections and create a solid foundation for growth. I am personally delighted that the scholars represent the geographical diversity of BoS attendees coming from the UK, Netherlands and Estonia."

In addition to presenting scholarship recipients with the opportunity to attend the well-known Boston conference, Avangate will organize a networking dinner to connect the new companies with leading experts in the software industry.

To learn more about how Avangate can grow your software and SaaS sales, read an overview of the Avangate commerce solutions.

About the Business of Software Conference, 28th-30th October, Boston, MA

Business of Software is the conference for people who care about growing great software businesses. It's a safe haven for ISVs who want to talk, listen and learn from each other about growing long-term, sustainable, profitable software businesses.

Our attendees run growth businesses and entrepreneurial business units in companies that work in all types of organizations - through enterprise software, web, mobile, SaaS - from around the world. (Half of last year's participants were from outside the USA). Business of Software is about sharing ideas for building better software businesses.

More information can be found at businessofsoftware.org.

About 2Checkout (now Verifone)

Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need – from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world’s best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.

Verifone’s 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.

Get more information at www.2checkout.com

Media Contact

Adela Dincea

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