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LocalBusiness.com Releases 1st Quarter 2001 '50 To Watch' List In Atlanta.

PR Newswire

| January 03, 2001 | COPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

List Recognizes 1,150 Emerging Small- and Medium-Sized

Companies in 23 Markets Nationwide

FORT LAUDERDALE, Fla., Jan. 3 /PRNewswire/ --

LocalBusiness.com (www.localbusiness.com), the online local business news and destination site, released today its quarterly "50 to Watch" list of the 50 most newsworthy emerging private and public small-to-medium-cap companies in 23 markets nationwide, including Atlanta.

LocalBusiness.com generates 500 original news stories each week by a staff of more than 50 reporters and editors nationwide focusing on local breaking business news, including technology, venture capital and small business. Each quarter, LocalBusiness.com unveils its "50 to Watch" list that highlights companies that are newsmakers and are poised for change. Some companies have defined new standards, attracted significant venture capital investment, forged influential business models, developed products and services that will change business, while others may make the news in the next quarter for the challenges they face.

"The '50 to Watch' list represents a diverse selection of emerging companies that will be making news over the next three months. Some of these companies possess tremendous growth potential and some face significant challenges in this volatile market," said Kurt Greenbaum, Executive Editor of LocalBusiness.com. "In other words, we can learn as much from companies that are struggling as we can from those that are thriving. Our readers depend on the comprehensive B2B breaking news coverage that only LocalBusiness.com provides in each market and the '50 to Watch' list highlights those companies that should definitely be watched in the next quarter."

To generate the LocalBusiness.com "50 to Watch" list, reporters and editors research the public and private companies in their cities, network in the VC and local business community and analyze the information sent to them by companies who nominate themselves for the list. Innovation, vision, significant venture capital funding, valuable customer contracts and new markets are among the criteria that place companies on the "50 to Watch" list.

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