Colnect Finishes Close 2nd in Tech-Aviv Peer Awards Competition

Colnect Collectors Club ( captured 2nd place in the Tech Aviv's inaugural Peer Awards competition, losing by a single vote to the champion 5Min. This placement follows Colnect's earlier victory this year in the European Startup 2.0 Competition.

Tel Aviv, Israel, January 02, 2010 --( Although Colnect came up just short of the top prized, its video presentation was incredibly well-received by the approximately 150 Tech Aviv members in attendance, with puppets being used to cleverly illustrate the great benefits offered by the collectors' community and its enormous potential.

The Colnect team, led by founder Amir Wald, was gracious in defeat. "Although obviously we would have enjoyed the win, I am ecstatic about our 2nd place finish and how close we came to the top. There is much to celebrate in coming 2nd to an incredible company such as 5Min and ahead of three other extremely worthy competitors in the finals," Mr. Wald declared shortly after the voting concluded. Wald congratulated 5Min on its narrow victory and issued praise to all the other participating start-ups who provided such intrigue to the Tech-Aviv competition.

Colnect announced its intentions to build on this solid performance heading into the new year, with construction on a newly designed and easier user-interface already in progress. Another of the company's major objectives is to add more collectible categories and expand their existing catalogs for items such as stamps, where many improvements are still desired. In addition, Colnect is looking to further increase the number of languages offered (in full) to broaden its international appeal, with Japanese and Bahasa Indonesian being two examples of translations that are regularly being made more comprehensive. "As always, Colnect would like to thank our extensive army of volunteers who deserve full credit for making these language and catalog enhancements a reality," Mr. Wald pronounced when asked about one of the company's most important keys to success.

Colnect Collectors Club
Amir Wald
+972 546 830 314
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