Los Angeles, CA., Jan. 7, 2014 (GLOBE NEWSWIRE) -- Richardson Patel announced last week the winner in its first ever business plan contest, 1Docway, an innovative telepsychiatry platform built to better connect hospitals with patients in and around their communities.

In conjunction with its co-sponsors, UCLA Anderson School of Management, Equities.com and Moss Adams, Richardson Patel created a platform where new ventures from all over the world received exposure to a large array of Richardson Patel's contacts. These ventures spanned various industries and stages of growth.

"We were thrilled to see such a broad range of interest from the contestants in their submissions," said Nimish Patel, Managing Partner of Richardson Patel. "We were even more excited to see our ecosystem of contacts take an interest in the process and in helping some of these companies beyond the $10,000 cash grand prize," added Mr. Patel.

About Richardson Patel

The law firm of Richardson Patel focuses on corporate & securities law, mergers & acquisitions, and business, securities & employment litigation.  Richardson Patel's competitive strength lies in its ability to blend its entrepreneurial spirit with its grasp for complex legal issues.  As a valued partner to emerging growth clients, Richardson Patel has seamlessly integrated the art of business and the science of law to deliver Business Minds for Legal Matters.