(PRWEB) November 19, 2005 -- PositiveWare, a Web-based, employee performance management solution, has been chosen as one of six companies to present investment opportunities to potential angel investors at the Rockies Venture Club’s first stand-alone investor event.

Founded in January 2004, PositiveWare provides companies of all sizes the ability to align individual employee activities with the strategic goals of the company, and track through a web-based application. It was named the 2005 Colorado Software and Internet Association’s Rookie of the Year in May.

Citing faster-than-expected growth, PositiveWare intends to use private funds for marketing and further development of the web-based application in the U.S. and internationally.

“In just a few months, PositiveWare has grown exponentially and our research shows demand will continue to grow. We are poised to meet the demand,” said David Fitzpatrick, CFO.

Now in its third release, PositiveWare boasts clients including Avaya, Developmental Disabilities Resource Center (DDRC), and Vericept, Inc. Using the software to align strategic goals to employee behavior, client companies have realized an increase in productivity of up to 30 percent in the first few months of usage.

In June, the company released a Japanese translation of the application with Tokyo-based Kozo Keikaku Engineering (KKE). Impressed with the product, KKE announced this week that they will be the exclusive Japanese distributor for the Denver-based PositiveWare. Fitzpatrick estimates a $900 million market for performance management technology solutions in Japan.

The six chosen companies will present beginning at 2 p.m. at the Rockies Venture Club Investor Fair at the Denver Marriott City Center, 1701 California St, Denver. Information is available at http://www.rockiesventureclub.org or by calling 303-831-4174.

About PositiveWare

PositiveWare, LLC, provides web-based, performance management solutions to companies of all sizes. Emerging from its beta release in March 2005, PositiveWare is used by managers and employees to establish and evaluate employee goals leading to increased employee motivation and morale, reduced managerial workloads, and improved strategy execution.

Now in its third release, the application is also available in Japanese. For more information about the company and its products visit www.positiveware.com.

About Rockies Venture Club

The Rockies Venture Club (RVC) is a non-profit, volunteer organization that celebrates the spirit of entrepreneurship in the Rocky Mountain region. Founded in 1984, RVC is the only networking organization that connects entrepreneurs, service professionals, investors, venture capitalists and other funding sources.

The Investor Fair is RVC’s first "stand-alone" investor event teaming carefully selected emerging companies with resources for growth capital.

CONTACT:
Tracy Aiello, Freeman Wall Aiello, 303.232.3870
Charles Von Thun, PositiveWare, LLC, 303.293.2200 ext. 106