Company Also Named People's Choice Winner; Receives $1 Million in Advertising from IDG
Dynamics Inc., an innovator in next-generation payment devices, received the coveted DEMOgod and $1M People's Choice Awards at this year's DEMO Fall 2010, the technology launchpad conference co-produced by VentureBeat and IDG.
"It was no surprise to me that Dynamics swept the People's Choice Award and won the DEMOgod title. What they brought to the DEMO audience this year is game-changing and has raised the bar for all future innovators," said Matt Marshall, producer of DEMO and editor-in-chief and founder of VentureBeat.
"We're humbled to carry the title DEMOgod and excited at the personal connection our technology made with the 800 plus attendees that decided the $1 million People's Choice Award from a field of 70 companies," said Jeff Mullen, CEO and founder of Dynamics. "This is just the beginning. We will continue to deliver innovative and exciting functionality to the consumer."
The DEMOgod title was given by DEMO's producer and the conference team. The $1M People's Choice Award winner was selected by DEMO attendees.
About Dynamics Card 2.0™
Dynamics Card 2.0™ is a paper-thin, flexible computing platform in a payment card form factor. The device includes the Electronic Stripe™ -- the world's first fully card-programmable magnetic stripe that can be read at any existing point-of-sale (POS) magnetic stripe reader. The device itself can change any bit of information on this programmable stripe at any given time. The technology does not require any change to the 60 million 1970s-era magnetic stripe readers or reeducation of its merchant base. The device is designed to be as thin, flexible, and durable as a traditional payment card and last over three years on a single battery charge.
Countless applications can be realized with the Card 2.0™ platform technology. The two that were showcased onstage at DEMO were MultiAccount™ and Hidden™.
To learn more about Dynamics Inc., Card 2.0™ and see Jeff Mullen's DEMO presentation, please go to:
http://www.poweredcards.com/
http://www.poweredcards.com/dyn_pr2.php
http://link.brightcove.com/services/player/bcpid980795693?bctid=606363627001
About Dynamics Inc.
Dynamics Inc. was founded and seeded in 2007 by Jeff Mullen, its CEO. Dynamics produces and manufactures intelligent powered cards such as advanced payment cards. Focused on introducing fast-cycle innovation to top card issuers, the company's first commercial application is the world's first fully card-programmable magnetic stripe for use in next-generation payment cards – the Electronic Stripe™. The company has won many of the world's most prestigious international business plan competitions, including the Rice Business Plan Competition, Carnegie Mellon McGinnis Venture Competition and the University of San Francisco Business Plan Competition. Dynamics is backed by Adams Capital Management and is headquartered in Pittsburgh, Pa. with offices in Silicon Valley and New York City. More information can be found at www.poweredcards.com.
Contacts:
Dynamics Inc.
Victoria Brown, 650-762-2966
Victoria.Brown@edelman.com