Sign up | Log in



Home  >>  Daily News  >>  Philippines News  >>  IT&Telecoms  >> Philippine tech firms head out to Silicon Valley

19 February 2010

Philippine tech firms head out to Silicon Valley

Related Stories

September 24, 2009
South Korea's LG strengthens position in Philippines

September 3, 2009
India’s Wipro to open unit in Philippines

August 19, 2009
India, Philippines team up to save outsourcing jobs

June 30, 2009
India’s Tata to open call center in Philippines

July 29, 2009
Philippine agency to speed up broadband drive

June 24, 2009
Japanese IT firm plans expansion in Philippines

June 6, 2008
Davao City seen as emerging site

April 6, 2008
Intel may pull out of Philippines

Three local start-up technology firms are now on their way to Silicon Valley, after winning a pitch competition that will give them access to a global market and much-needed funding, the Philippine Daily Inquirer reported.

Topping the challenge was Ayannah, a provider of software services for transactions made over online and mobile communication networks.

The company’s pitch was for Sendah, an application targeted at the overseas Filipino worker and expatriate market. Apart from actual remittances, Sendah allows overseas Filipino workers (OFWs) to send “microgifts” such as prepaid load, special occasion gifts, and even connectivity and healthcare.

“We have more than just an idea—we have an existing profitable service. We want to launch internationally, and broaden the range of products we offer,” Ayannah chief executive Miguel Perez said.

Clinching the second spot was Tao Solutions Inc., a 10-year-old company providing technical, marketing, human resources, intellectual property, and customer support for various Internet and wireless services.

The company’s pitch, and Wikimap system, allows netizens to contribute to and access high-quality location information through the Web or any mobile device.

“TSI has access to information from numerous high-traffic websites … that we can leverage for,’’ founder and managing director Eric Tomacruz said.

Such websites include with more than 5 million members worldwide, and, which has more than 800,000 resumés and 75,000 recruiters globally.

Rounding up the winners’ circle is Ascendant Technologies Inc., a firm focused on delivering comprehensive information technology solutions to mid-sized clients, mainly in the medical sector.

The company’s Electronic Medical Record systems promises to give greater efficiency and accuracy, as well as higher patient care standards, to clinics.

“The opportunities are huge because you can’t just go to Silicon Valley, knock on their door (and get them to notice you.... With this, we can) break barriers and have Plug and Play vouch for us, (and introduce) us to a market 10 times, or even a hundred times, bigger,’’ ATI president Sergio Arroyo said.

The pitch competition, spearheaded by Silicon Valley firm Plug and Play Tech Center, was held during the 10th e-Services Global Sourcing Conference and Exhibition on February 9.


Comment on this Article. Send them to
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand