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ISB Ventures Leads Angel Funding Round for Telco Start-Up Noise Free, Inc. Supporting Company and Product Roll-Out

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2007-07-14 14:35:37     
Noise Free, Inc.

Noise Free, Inc., a leading innovator and provider of enhanced voice-based communication solutions, announced today that it has received $1.4 million in seed funding from Bay area-based ISB Ventures.

Dr. Israel Beinglass, (former Chief Technology Officer and Chief Marketing Officer at Applied Materials) led ISB Ventures and an investor group in the angel round which is focused on providing Noise Free, Inc. with the resources to fully develop and bring to market its unique patented software solutions delivering low-power, small footprint enhanced voice-based communication software.

"Telecommunications is a highly evolved and very competitive market," said Dr. Israel Beinglass, Managing Director- ISB Ventures. "It is not enough to simply understand and meet market needs anymore. Companies must have the vision and talent to produce both short and long-term gains based on demonstrable intellectual property and technology that will endure. Noise Free, Inc. is such a company. It has the ability to deliver on aggressive business goals and ISB Ventures is committed to assisting Noise Free in reaching its market potential."

Noise Free, Inc. has fifteen unique patents currently pending. It's co- founders and core engineering team have created a high-performance software- only approach to noise cancellation that requires little or no additional power, very little code space, and no additions to the Bill of Material (BOM) of the target communication device. The initial product rollout is slated for August 2007.

"Dr. Beinglass has more than 25 years of experience in the semiconductor industry. He has extensive experience in CMOS device fabrication, materials, yield, EDA, and device physics," said Alon Konchitsky, President of Noise Free, Inc. "Dr. Beinglass holds 28 US patents and is a true technology visionary. His support enables us to bring our products to market and affirms our belief that we are poised to deliver a truly unique and invaluable solution for voice-based communications to the mobile business industry."

About ISB Ventures:

ISB Ventures is a private investment/consulting company. Through its principle investment lead, Dr. Israel Beinglass, ISB engages in consulting activities relating to the semiconductor and semiconductor CapEx industry, as well as investing in early stage companies. Dr. Israel Beinglass (managing director and founder of ISB Ventures) is a former executive at Applied Materials serves on the board and on the advisory board of several startups companies.

About Noise Free, Inc.:

Noise Free, Inc. was founded in late 2005 and since that time has filed 15 utility patents supporting its unique intellectual property and noise cancellation solutions. Focused on providing a "noise free" technology to enhance and improve voice-based communications, Noise Free, Inc. recognizes the challenges and difficulties faced by today's mobile professional and is dedicated to providing an absolute "clear voice" experience for communications as is the standard for wired networks and systems throughout business globally.

For more information on Noise Free, Inc. visit http://www.noise-free-wireless.com

Specialized in: Isb - Ventures - Leads - Angel - Funding - Round
URL: http://www.noise-free-wireless.com
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