LucidMedia Selected by Mid-Atlantic Venture Association to Present at Capital Connection 2009 Venture Capital Conference

RESTON, Va.--(Business Wire)--
LucidMedia (www.lucidmedia.com), the online display advertising network and
media management platform, today announced that it has been selected from among
hundreds of candidates to present at the this year`s Mid-Atlantic Venture
Association (MAVA) Capital Connection venture and private equity conference.
Ajay Sravanapudi, LucidMedia`s President and CEO, will be presenting an overview
of the company`s unique business model, inventory aggregation strategy, and
extraordinary progress since the launch of their contextual network.

Capital Connection, one of the nation`s premier venture and private equity
conferences, is presented by MAVA in Washington, DC. This invitation-only event
brings over 800 attendees from throughout the United States together with the
same objective of building and investing in the region`s most promising
companies. The conference employs a rigorous approach in recruiting; selecting
and vetting companies to ensure the most exciting field of enterprises and
investment opportunities in the mid-Atlantic region are showcased. Historically,
35-50 percent of earlier-stage companies at Capital Connection have attracted
funding less than one year after presenting, a reflection of the caliber of
companies chosen by the selection committee of investors.

"We are honored to be a part of this prestigious venture capital event," said
Ajay Sravanapudi, one of the original founders of LucidMedia. "As one of the
presenting companies at this year`s Capital Connection conference we will have a
great opportunity to showcase not only our unique online advertising industry
solution but also our extensive progress on the business model. We are seeing
that our successful track record, especially considering how recently we
launched our network, and our plans for growth are resonating well within the
investor community."

"It`s been an outstanding experience for all of us on the Selection Committee to
participate in selecting the early and expansion stage companies to present at
MAVA`s Capital Connection `09," said Steve Fredrick, Grotech Ventures, one of
the four committee co-chairs. "There is a wide range of technology solutions and
products that these companies have developed that will be of interest to a broad
spectrum of investors and potential partners. The quality and experience of the
management teams were also important factors in the decision-making process."

Capital Connection is one of the nation`s most successful and influential
private investor events. Over the years, Capital Connection conferences have
helped to shape the region's entrepreneurial economy, generating more than $2.9
billion of venture investments in the presenting companies during their first
year after participating. More than 200 high tech companies, representing
combined equipment and services buying power of more than $1 billion, are
typically in attendance at the event. MAVA represents private equity and venture
capital firms with investment interests in the mid-Atlantic and beyond,
entrepreneurs, and their strategic partners. MAVA provides a wide range of
programs, information and forums designed to stimulate revenue and company
growth, facilitate quality deal flow, encourage collaboration, and foster
relationships among entrepreneurs, investors, strategic partners and customers.
Membership includes more than 500 venture capital professionals representing
nearly 125 firms with collectively more than $100 billion in capital under
management. For more information, please visit www.mava.org.

About LucidMedia

LucidMedia (www.lucidmedia.com) is an online display advertising network and
media management platform focused on optimizing performance at the page-level
for interactive agencies and agency digital initiatives. The company`s patented
ClickSense contextual advertising and targeting engine empowers advertisers to
reach new levels of insight, safety, and cost-efficiency in their online
advertising campaigns. LucidMedia categorizes traffic from many of the Web`s
most respected networks and exchanges in both English and Spanish, providing
advertisers with a way to more effectively target online advertising inventory
and increase their return-on-spend. Today, many of the world's largest
interactive agencies, online advertisers, and ad networks are leveraging
LucidMedia's network and technology platform to drive increased revenue.

LucidMedia Networks, Inc.
Christopher Weiss
Director of Marketing and Public Relations
703-207-0040 x252
http://www.lucidmedia.com
publicrelations@lucidmedia.com

Copyright Business Wire 2009