Wilmington, Delaware - May 11, 2004 - Tagnetics, provider of innovative Price Display and Shelf Optimization Systems for retailers has won the Best Exhibitor Award at the seventh annual Early Stage East venture conference. Early Stage East showcases companies who present and exhibit their unique, breakaway businesses to investors who specialize in early-stage financing. Tagnetics was among 30 companies chosen to exhibit at the venture conference.

 
"We are pleased to have been selected to receive the Best Exhibitor Award at this prestigious event," said Ronald Earley, Tagnetics President and COO. "Early Stage East 2004 was a great opportunity to illustrate Tagnetics successes and exciting plans for the company to potential investors."

 
"The mainstay of Early Stage East is our venture capital conferences. Annually, we hold the Early Stage East Conference," said David Freschman, founding chairman of the ESE Board, and CEO of the Delaware Innovation Fund. "To date, entrepreneurs that have participated in Early Stage East events have gone on to secure in excess of $450 million in funding. Venture capitalists and investors attending ESE events have the opportunity to discover early stage companies with potential."

 
About Early Stage East
Early Stage East's mission is to serve as gathering place for entrepreneurs and those organizations funding and servicing them in order to enable them to grow and succeed. Early Stage East (ESE) was founded in 1998 as a nonprofit organization and has grown from a single-day venture capital conference to a year-round series of fairs. Our events develop entrepreneurs from up and down the East Coast in order for them to more successfully obtain venture capital and successfully start break-away businesses. ESE holds venture capital conferences, and provides education and networking opportunities for entrepreneurs, venture capitalists and service providers. For more information, please visit http://www.earlystageeast.org/.

 
About Tagnetics
Tagnetics, Inc., a privately held company, designs, manufactures and markets its Price Display and Shelf Optimization System using an inductively coupled infrastructure that delivers continuous power and two-way communications to the shelf edge. Tagnetics system is lower cost, more reliable, and more functional than systems of the past, providing the foundation for improved retail shelf management.