MELVILLE, NY--(Marketwire - Mar 18, 2013) - The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced the successful completion of its Health Care Capital Forum held on March 8, 2013.The capital forum, held in collaboration with The Center for Advanced Sensor Technologies at Stony Brook University, showcased six companies selected by LICA from a wide selection of developing medical technology, life sciences and health care information technology companies on Long Island and the nearby region.

A panel of health care investors also participated in the event.The panel provided insights on presenting companies' business plans and investment potential, as well as a review of the current investment climate for health care companies.

Neil Kaufman, chairman of LICA, stated that, "Despite a heavy snow storm, we are pleased to have had strong participation with over 50 attendees at our Health Care Capital Forum.This demonstrates the increasing role of LICA as a pivotal player in capital formation leading to economic development in the region.We are very excited to build on this momentum, as we plan our next event in partnership with Cold Spring Harbor Laboratory, one of the nation's leading research facilities for molecular biology and genetics, that focuses on the bio/pharma sector of the health care industry."

"Even with the weather impact, we made a couple of good contacts. At events like this it is not about the number of people who attend but the quality and mutual fit of the participants.The event was very well done," said David Crane, Chief Executive Officer of Mobile Health One, a presenting company at the event.

"The Capital Forum was a terrific event and provided a really unique opportunity for emerging companies to interact with investors and advisors in an open forum," said Rusty Ray, a panelist at the event and a New York-based health care investment banker at 11T Partners.

Health Care Capital Forum Industry Experts

The following industry investors participated in the panel discussion at the Capital Forum:

Health Care Capital Forum Presenting Companies

The following companies presented their business plans at the Capital Forum:

Mobile Health OneMobile Health One, Inc. develops mobile, on-demand HIPAA-compliant systems that unify healthcare professionals within and between organizations by simplifying communications to accelerate, consolidate, and control information sharing.

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Long Island Capital Alliance Holds Successful Health Care Capital Forum