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OculusAI named one of the 20 hottest innovation companies in Sweden

As part of the initiative, sponsored by The Swedish Institute (SI), the firm will demonstrate its technologies throughout the U.S., Asia and Europe

STOCKHOLM, Sweden – OculusAI (www.oculusai.com), a provider of image rejection services for online dating and social networking websites, is being recognized as part of the next generation of businesses in Sweden on the cutting edge. As a result, the company will participate in an exhibition of Sweden’s latest innovations that will tour in the U.S., Asia and Europe.

OculusAI has been selected by The Swedish Institute (SI), a public agency that promotes interest in Sweden around the world, as one of the 20 hottest innovation companies in the country. Nominations were accepted from business incubators, science parks, industry associations and economic development groups throughout Sweden. A panel of experts made the final selections

“We are extremely pleased and proud to receive this honor from The Swedish Institute,” said Siamak Ayani, CEO and cofounder of OculusAI. “It is our privilege to join with the other 19 companies to help promote the latest innovations that Sweden has to offer to the rest of the industrial world.”

A first view of the exhibition will take place in Silicon Valley in the U.S. during October 2011. It will then move to the House of Sweden in Washington, DC for the winter and spring of 2012. From the U.S., the exhibition will tour through Asia and Europe. Along with the exhibition, there will be a schedule of seminars, workshops and roundtable discussions presented by Swedish and local partners.

About OculusAI
OculusAI (www.oculusai.com) is a leading provider of image rejection services for online dating and social networking websites. Since its launch in 2008, the company has developed a series of state-of-the-art solutions that considerably speed up and improve the image moderation process. Today, the company has clients throughout the U.S. and Europe. OculusAI has been recognized with several prestigious awards as one of the hottest startups in Scandinavia and throughout Europe.

About The Swedish Institute
The Swedish Institute (SI) is a public agency that promotes interest and confidence in Sweden around the world. SI seeks to establish cooperation and lasting relations with other countries through strategic communication and exchange in the fields of culture, education, science and business. SI also supports Swedish language instruction at foreign universities. SI works closely with Swedish embassies and consulates around the world.

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STING (Stockholm Innovation & Growth)
STING’s business incubator helps entrepreneurs to build international growth companies faster, by offering support within business development, financing, and networking. STING is a non-profit company, owned by the Electrum Foundation; a collaboration between industry, research and the City of Stockholm. Our main partners are Innovationsbron and KTH.

OculusAI has previously been in STING's business incubator and received support within business development, financing and network. The venture capital fund STING Capital has also invested in the company. www.stockholminnovation.com, www.stingcapital.com

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