CONTACT: GEORGE MCCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release: June 16, 2000
AudioNet International joins UI Technology Innovation Center
CORALVILLE, Iowa -- AudioNet International, LLC is a new tenant at the University
of Iowa Technology Innovation Center (TIC).
The Board of Regents, State of Iowa has approved a lease effective July
1 allowing AudioNet to locate in the TIC on the Oakdale Research Campus in
Coralville. AudioNet's main office will be in Room A-105, Oakdale Hall.
AudioNet produces and delivers live teleconferences on a web site, integrating
voice communication and visual presentation and telephones for voice communication.
AudioNet brings meetings, presentations, speeches and seminars to business
associates or organization members in groups as few as ten or as large as
With the AudioNet system, companies or associations can conduct meetings
where the attendees remain in their offices, viewing presenter's materials
on a custom web site made for the occasion. Participants can interact with
the presenter via telephone or email. Presentations can also be recorded for
The company has as its initial clients the health care industry and will
expand its market to serve any company or organization that needs to provide
education and training to its employees. Companies could use the technology
to communicate with sales and distribution forces, or provide investors with
AudioNet was organized in April 1999, establishing its initial office in
Cedar Rapids. Corporate officers are: John Beck, formerly of Phoenix, Ariz.,
who is president and chief executive officer, and Michael Garvin of North
Liberty, chief operating officer. Garvin is a safety engineer with UI Hospitals
"As the Internet becomes more integrated into our personal, professional,
and business lives, people are looking for ways to use this technology for
effective conferencing," said Garvin.
"We focus on both health care management and medical education. While
to this point we have focused on the United States market, we now have plans
to air a thoracic surgery continuing medical education session into South
America in September," added Garvin.
One of the university's technology transfer programs, the TIC was established
in 1984 to nurture new technology-based business ventures and to encourage
those companies to establish relationships with the UI.
With the addition of AudioNet firms, the TIC will have 17 tenant companies.
Fifteen TIC "graduate" firms have expanded their business after
leaving the incubator.
For additional information about the TIC, contact Tom Bauer, associate director
at (319) 335-4067.