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AmBAR Appoints New President, Announces New Events and SVOD Conference.

PALO ALTO, CA – Monday, September 27, 2010.

FOR IMMEDIATE RELEASE

The long-time AmBAR director Julia Pogodina was officially welcomed as the new President of AmBAR at the July 26th, 2010 Board meeting. Julia was elected by the majority of directors voting for her (including the previous president). Julia Pogodina, the new President of AmBAR, is a founder and principal of IBCI Law Group, a successful business law practice. The Board expressed full confidence in her ability to confidently lead AmBAR to new successes.

At this position Julia has succeeded Anna S. Dvornikova who had been AmBAR’s President for several years. On July 29, 2010, Anna Dvornikova, Vera Shokina and Stas Khirman approached the Board with their decisions to resign from the Board of directors of AmBAR; and the Board had accepted their resignations. Since then, AmBAR hopes for a smooth transition, and for a quick return to the organization of AmBAR's electronic and other assets by the resigned directors. Also AmBAR’s board of directors is launching an official audit of financial activities practiced. While this transition is taking place, AmBAR Board of Directors has to announce the new official website for AmBAR at www.ambargroup.org (under development) and the new official website for this year SVOD conference at www.svod2010.org.

Ms. Pogodins says: "I would appreciate everybody's understanding of our temporary transition problems. AmBar grew into a truly large organization; and currently we are developing more robust accountability and governance practices to ensure its efficient performance in long term. AmBAR has become an important player both in the US and Russia. Leading AmBar organization is a great honor for me. I am sure we can achieve more if we become better team players and focus more on the needs of the broader local community. I look forward to working with everybody involved in AmBAR and encourage more people to become active contributors. With your participation we'll continue building it as an effective platform for facilitating networking and exchange of business ideas among scientists, engineers,  entrepreneurs and executives, and other world class professionals".

AmBAR’s CURRENT LIST OF EVENTS
September 29, 2010 (6pm, Palo Alto): “Investing in Entrepreneurship: Lessons of a Life Career.” Join AmBAR on at the Four Seasons Hotel in East Palo Alto for this social event with its social mixer and wine tasting celebration. Come and listen to and talk with our renowned speakers, Mario Rosati and Frank Husic, while tasting and enjoying celebrated wines from their personal wineries. Forward this invitation to all your friends, this event is open to everyone! Registration is open at: http://ambar.eventbrite.com/.

October 19, 2010 (1pm, Stanford University): “What’s the Secret of Silicon Valley and How Can It Be Replicated in Russia?” Join AmBAR in collaboration with US-Russia Business Council, Stanford University (CREEES), Kiventures, Global Technology Symposium, and Woodside Capital Partners at Arrillaga Alumni Center for this panel discussion and meeting with the delegation of the Russian entrepreneurs led by the Delovaya Rossia. Registration will be open soon at http://ambar-usrbc.eventbrite.com/

November 11-12, 2010 (Computer History Museum, Mountain View, CA): The Sixth Annual International Conference on Entrepreneurship “Silicon Valley Open Doors.” American Business Association of Russian Professionals (AmBAR) is proud to announce its sixth annual Technology Investment Conference SVOD 2010 will take place in Computer History Museum (Mountain View, California) on November 11 and 12, 2010. The Conference will feature SVOD's signature Technology Trends and VC panels, exciting seminars taught by the prominent Silicon Valley venture capitalists and showcase of the hot startups by Russian and European-speaking entrepreneurs from both sides of the Atlantic Ocean. The registration is open at http://www.svod2010.org

ABOUT AMBAR
American Business Association of Russian-speaking Professionals (AmBAR) is a non-profit business association that serves as a leading networking platform for Russian-speaking entrepreneurs, venture capitalists, engineers, lawyers and other high-tech professionals in the US. Started as an organization of expatriates from Russia, Ukraine and other CIS countries that are involved in technology businesses in the United States, AmBAR has grown into a large network in which innovators and entrepreneurs of all origins can exchange ideas and business contacts. AmBAR creates a unique platform to facilitate the exchange of knowledge, ideas, and business contacts between technology entrepreneurs, professionals, and investors. Through various seminars and conferences AmBAR provides educational programs that help entrepreneurs refine their business plans, and advance their product development and marketing efforts. Among its different activities, AmBAR organizes multiple events, including an annual technology investment conference Silicon Valley Open Doors and VC Trip to Russia (VCTripToRussia.com).

Contact:
Julia Pogodina, President
American Business Association of Russian Professionals,
pogodina@ambargroup.org
Office:  +1 (650) 331-0220
Fax:     +1 (650) 745-4000

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