Entrepreneurs, Investors and Business Community Gather for Second Annual PortTechExpo; Mayor Villaraigosa to Keynote

PortTechExpo 2011SAN PEDRO, Calif. — August 9, 2011 — PortTechLA will host its second annual PortTechExpo 2011 on September 14, an event bringing together technology innovators, entrepreneurs and investors to explore both cutting-edge green maritime technology and new security, logistics and energy applications. Los Angeles Mayor Antonio Villaraigosa will deliver a luncheon keynote address.

“The PortTechExpo is about investigating and investing in new technology that will drive job creation and boost the green economy of Los Angeles,” said Mayor Villaraigosa. “We’ve created an ideal forum for companies and investors to meet and explore great business opportunities, while also helping promote a more sustainable, green future for our City.”

PortTechLA, a technology commercialization center and incubator operated by the City of Los Angeles, the Port of Los Angeles and the San Pedro and Wilmington Chambers of Commerce, focuses on fostering new and clean technology for potential use at the San Pedro Bay port complex. It organized the first PortTechExpo and Investment Conference last year. The sold-out event gave investors and innovators a chance to connect and discuss clean technology and other cutting-edge commercial opportunities.

“PortTechExpo 2011 is a great opportunity for both innovators and investors alike to explore emerging clean tech opportunities and create strategic partnerships to help bring these innovations to market,” said Jeff Milanette, executive director of PortTechLA.

Attracting more than 50 exhibitors last year, the event is expected to draw even stronger participation for 2011. In addition to technology exhibits, demonstrations, roundtable discussions and networking, new on this year’s agenda will be the opportunity for companies unable to attend to demonstrate their technology by video submission. From these submissions and the event’s exhibitors, PortTechLA will select the 10 best to directly pitch financial investors during the event.

Participants can register online at www.porttechla.org. Companies interested in presenting at the Expo should contact John Salcedo at 310-832-0028. Attendees at last year’s event included maritime technology and homeland security entrepreneurs, marine engineering and technical services companies, government officials, maritime business owners and service providers, port customers, among others.

PortTechLA is a public benefit, non-profit technology commercialization center and incubator founded by the San Pedro and Wilmington Chambers of Commerce in collaboration with the Port of Los Angeles and the City of Los Angeles. Its mission is to attract technology companies to the Los Angeles Harbor Area and to assist them in developing, testing, commercializing, manufacturing and marketing products for port-related environmental, clean energy, security and logistics challenges. The goal is to create the world’s premiere port-related technology business cluster.

Port of Los Angeles
The Port of Los Angeles is America’s premier port and has a strong commitment to developing innovative strategic and sustainable operations that benefit the economy as well as the quality of life for the region and nation it serves. As the leading seaport in North America in terms of shipping container volume and cargo value, the Port generates 919,000 regional jobs and $39.1 billion in annual wages and tax revenues. A proprietary department of the City of Los Angeles, the Port is self-supporting and does not receive taxpayer dollars.

The Port of Los Angeles – A cleaner port. A brighter future.