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FOR IMMEDIATE RELEASE

Contact:  Bonnie L. Herron
                   770-564-5504

Bonnie Herron Speaks at International Conference on Business Incubation

Norcross, GA – Bonnie Herron, executive director of the Intelligent Systems Incubator, was a guest speaker for two sessions at the National Business Incubation Association’s 14th International Conference on Business Incubation, held May 20-23, 2000, in Cleveland, Ohio.

"When I suggested that NBIA offer a pre-conference workshop on Incubating Dot.coms, it was in recognition of the tremendous growth in technology incubators targeting the Internet-focused start-ups. As a member of the panel of incubator executives from nationally recognized programs, we provided the standing-room crowd of attendees with practical insights on how to structure winning programs that meet the needs of both entrepreneurs and the incubator sponsor. "

Ms. Herron also spoke at a second program, Getting More Than Advice, during the main conference in a program that also included a presentation by Susan O’Dwyer, marketing manager of PriceWaterhouse Coopers on the Shaking the Money Tree event linking entrepreneurs and venture capitalists.

Ms. Herron is founder and director of the Intelligent Systems Incubator, one of the longest-running privately sponsored incubators in the country. She was elected to the National Business Incubation Association board of directors in 1999 for a three year term. Ms. Herron is also Vice President and Chief Financial Officer of Intelligent Systems Corporation, the incubator’s sponsor and a long-term investor in early stage technology companies.

Business incubation catalyzes the process of starting and growing companies by providing entrepreneurs with the expertise, networks and tools they need to make their ventures successful. Incubation is proven effective at commercializing new technologies, creating jobs and meeting other economic development goals. Recently, the for-profit business sector has embraced the model as a means of building wealth. In the past year and a half alone, about four for-profit incubators per week have been opening. Today there are more than 800 incubation programs in North America, up from 12 in 1980 and fewer than 700 in 1999.

This year’s conference, Incubation Rocks! Rolling Out Innovative Incubation Programs for the 21st Century, brought together more than 650 professionals and business incubation experts from 47 states and 27 countries.

The National Business Incubation Association is the world’s leading organization advancing business incubation and entrepreneurship. It provides thousands of professionals the information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies.

For more information about conferences, visit www.nbia.org. For more information about the Intelligent Systems Incubator, visit www.intelsys.com.

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