ATLANTA, Aug. 15, 2012 /PRNewswire/ -- PGi (NYSE: PGi), a global leader in virtual meetings for over 20 years, today announced its support of Start Up Atlanta, a city-wide initiative produced by Invest Atlanta, Technology Association of Georgia , Venture Atlanta and the City of Atlanta. As the lead corporate sponsor of the upcoming " Atlanta: Telling Our Story" video contest for entrepreneurs, PGi is donating $10,000 in seed funding and a one-year iMeet ® subscription license for Start Up Atlanta to award to one grand prize winner. In addition, PGi will offer free, three-month trials of iMeet to all contestants who participate.
Launched in 2011, iMeet is PGi's next-generation, cloud-based video conferencing product that enables up to 15 people to meet face-to-face online – from their desk or on-the-go. iMeet is one tool for video, web and audio meetings.
Innovation Runs Deep at PGi, Vital to Atlanta's FuturePGi was founded in Atlanta in 1991 and today has approximately 1,700 employees in 25 countries worldwide. "Although we are a global company, Atlanta is our foundation, our home," said PGi founder, chairman and CEO, Boland Jones. "PGi has been a leader in the Atlanta technology and business communities for over 20 years, and innovation is at the heart of everything we do. We have enjoyed our own success and want to encourage the next generation to push the envelope. Our technology can give entrepreneurs the tools to think big and make an impact in our city, even change the world." According to the Koffman Index of 2012 Entrepreneurial Activity, Atlanta averages 500 new startups per month – among the highest in the country. In addition, Georgia public colleges and universities are spending more than $1 billion annually on research and development. "It's commendable that PGi is making a significant commitment to Atlanta's early stage business growth," said Atlanta Mayor Kasim Reed. "I applaud PGi as a leading sponsor of Start Up Atlanta for its dedication to Atlanta and our many entrepreneurs." Start Up Atlanta Video Contest Designed to Inspire Beginning today, Atlanta-based companies can enter the contest by posting a video of 60-120 seconds in length to YouTube ™ and sending a link to the video to Invest Atlanta at email@example.com. Videos must express the company's goals, why the company will "change the world" and what the entrepreneur likes most about living in Atlanta. Winners will be selected based on popular vote (receiving the greatest number of online "likes" for the video). Voting will close at 11:59:59 EST on October 14, 2012. The top five finalists' videos will be featured at Venture Atlanta, the largest venture capital conference in the Southeast, in front of hundreds of venture capitalists, bankers, angel investors and fellow entrepreneurs on October 17-18, 2012. For complete rules and regulations about the video contest please visit www.startupatlanta.com/contest. *All product and company names herein may be trademarks of their registered owners.