Former Longtime Advanced Bionics CEO, Jeff Greiner, Talks New Business, Receives SEMDA Spotlight

VALENCIA, Calif., April 7, 2015 /PRNewswire/ -- At its annual conference in Atlanta on March 31 and April 1, 2015, the Southeastern Medical Device Association ("SEMDA"), a nonprofit trade organization that supports medical device innovation in the southeast, announced Valencia Technologies Corporation ("Valencia") as a recipient of its 2015 Spotlight Award.

Generally presented to one medical device company, SEMDA awarded two device companies distinguished by development stage. Valencia Technologies, a medical technology company based in Valencia, California received the 2015 Spotlight Award in late stage development.

Factors considered include extraordinary growth and hiring trend; establishment of new divisions or facilities; support of SEMDA and other device-focused organizations through sponsorship, membership or volunteer work, and being recognized as a thought leader, innovator or mentor in the device industry.

The annual conference brings together investors, regulators, vendors, medical device companies, and thought leaders. Among those in attendance were Charlie Brock, CEO and President of Launch Tennessee; William Hunter, MD, CEO of Cardiome; and Jay Yadav, M.D., founder and former CEO of CardioMEMS.

Jeff Greiner, Valencia's founder and CEO, who presented at the pitch rounds and the large stage, shared with attendees progress and business plans of the four year old company. "Valencia looks to a large market with its tiny platform technology, exceptional use of proceeds to date, and compelling early results," Greiner says. "We are enthusiastic about what we have and where we are going."

About Valencia

Valencia Technologies Corporation is a medical technology company located in Valencia, California. Valencia has created a coin-sized device for the treatment of hypertension and other chronic conditions. Implanted in the forearm during a 20-minute office procedure, the device will be tested in a pivotal trial to begin early 2016.

About SEMDA

The Southeastern Medical Device Association (SEMDA), established in 2004, supports and promotes medical device companies in the southeast by providing resources and networking opportunities for medical device companies, entrepreneurs, inventors, physicians, investors and service providers interested in advancing their efforts in the region. SEMDA's annual conference is the premier medical device forum fostering business and educational opportunities for investors, medical device companies, medical entrepreneurs, and related industry professionals in the southeast.

For more information on Valencia, please visit the website: www.valenciatechnologies.com.

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SOURCE Valencia Technologies Corporation

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http://www.valenciatechnologies.com