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Enterprise Lithuania Selects 151 Advisors for North American Market Entry Program

by 151 Advisors
Wed, Dec 12th 2012 12:00 pm

151 Advisors to provide go-to-market strategy and execution services to Lithuanian technology companies to accelerate market entry

NEW YORK, December 11, 2012 - 151 Advisors, a leading advisory and consulting firm for mobile, wireless, and web-based software and technology companies, has been selected by Enterprise Lithuania, a Lithuanian government agency that promotes the development of competitive businesses in the country and to foster the country's technology exports, to help Lithuanian technology companies accelerate their market entry into North America. Through the partnership, 151 Advisors will provide strategy, marketing, and business development services to companies that participate in the Enterprise Lithuania development program.

After more than a year of searching for a U.S. strategic partner, Enterprise Lithuania selected 151 Advisors because of their decades of experience and proven track record of success in bringing growth-stage technology companies to market.  151 Advisors will work with Enterprise Lithuania and its portfolio of technology companies to prepare them for launch, and help them develop their go-to-market strategies for successful entry into North America.

"The experience and market expertise that 151 Advisors provides us dramatically lowers the hurdles for a company's entry into the U.S. market," said Paulius Lukauskas, Managing Director at Enterprise Lithuania. "After a thorough partner review process, Enterprise Lithuania selected 151 Advisors because they are execution-focused and are well suited to help our technology companies with the challenges of market entry."

As an agency of the Lithuanian government, Enterprise Lithuania is aggressively focusing on developing Lithuania's technology sector and engineering talent. With a number of early to late stage technology companies demonstrating market readiness, 151 Advisors will focus on increasing market opportunities for these companies in North America with strategies and services that include go-to-market and launch planning, defining target markets, business model development, distribution and channel partner strategies, and sales strategies.

"Lithuania has a lot of great engineering talent that is helping it develop as a center for technological innovation," said Bill Rom, Managing Partner at 151 Advisors. "We look forward to working with Enterprise Lithuania and helping many of the country's emerging technology companies expand and establish themselves in North America."

About 151 Advisors

151 Advisors (www.151advisors.com) is a strategic consulting firm that helps technology companies solve critical business challenges, seize new market opportunities, and achieve real results.  The company helps mobile, wireless, and web-based software and technology companies build and execute go-to-market strategies to drive revenue growth.  151 Advisors works with companies of all sizes - from growth-stage startups to large global corporations - and have more than 100 years of combined experience building profitable technology companies.