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1317  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Conduit Partners and Isis Innovation join the Carbon Trust on: September 04, 2009, 04:43:42 PM
4th September 2009 - The Carbon Trust is expanding its business Incubation scheme in response to a growing need for critical business support to spawn the next generation of commercial clean tech innovators in the UK. Oxford-based, early-stage business growth consultancies Conduit Partners and Isis Innovation have been named as two of the Incubator Partners that will provide advice and support to the promising low carbon technology companies in the scheme.

Recent research from the Department for Business, Innovation and Skills1 shows business leaders expect clean tech to be the UK’s highest growth sector in the coming years. The Incubator scheme has a track record of preparing start-ups and spin-outs to attract all-important investment, with the 90 companies that have been incubated so far having raised around £86 million in private funding.

The Carbon Trust is on the lookout for 25 new joiners to the scheme over the coming year with up to £70k of support on offer to each. This covers strategic and business development consultancy, advice on corporate finance, management team recruitment and mentoring, product development, market research and engagement and guidance on intellectual property protection.

Incubatee companies typically attract around £16 of private funding for every £1 spent on incubation services. Companies that joined the scheme in 2008/09 alone have gone on to raise almost £19 million in private investment with the Carbon Trust's support.

Dave Raval, head of the Carbon Trust incubation scheme, said:
“The UK has led the development of many low carbon technologies, but we must nurture and harness the UK’s spirit of innovation and ingenuity to generate the maximum economic benefit from the global clean tech revolution. You may have a great technology or service idea, but to make it fly and become a commercial reality, you need a strong business behind you and the know-how to attract investment. The incubator scheme has a track record of turning clean tech innovations into high-growth businesses.”

Jon Treanor, CEO of Milton Park-based Conduit Partners, said: “We are delighted to have been appointed as an Incubator Partner for the Carbon Trust. By working with partners who can offer direct, hands-on experience of successful early-stage technology commercialisation, the Carbon Trust Incubation scheme is ideally placed to support companies innovating in the carbon-reducing sector and fast track them to a high growth trajectory. The expansion of the programme creates a very compelling proposition to innovators who are driving the low carbon future and we encourage those companies to contact the scheme partners.”

Dr Roger Welch, Project Manager of Isis Innovation, said:
“Since starting to work on the Carbon Trust Incubator Scheme in 2006 we have seen a wide range of commercially interesting technology companies. Out of the companies we have supported, thanks to the Carbon Trust, many have gone on to raise private and public money, grown their companies, and successfully got their products to market to reduce carbon dioxide emissions. We are looking forward to continuing to work with the Carbon Trust to help more low carbon technology companies across the UK.”

The boost to the Incubator scheme forms part of the Carbon Trust’s Clean Tech Revolution campaign, which aims to make the UK a global hub of low carbon innovation and ensure it reaps the rewards of developing new clean tech industries. Recent Carbon Trust analysis demonstrated the UK could generate up to £70 billion for the economy and almost 250,000 jobs in offshore wind and wave power alone.

To assist the scheme’s expansion, the Carbon Trust has selected six expert early-stage business growth consultancies who will lead the delivery of the incubation support: Angle Technology, CLT, Conduit Partners, E-Synergy, Isis Innovation and TTP. In addition, the Carbon Trust Incubator Network has been established to assist this, and help scout for promising low carbon technology companies across the UK. The network includes SETIC (East Kilbride), UMIC (Manchester), SETsquared (Bath), Life-IC (Rotherham) and Imperial Innovations (London).

1 Survey of UK business leaders commissioned by the department for Business Innovation and Skills. Further information here: http://www.bis.gov.uk/uk-bosses-tip-cleantech-technology-and-media-to-be-the-three-highest-growth-sectors-by-2020

Ends

Notes to editors
For more information or an interview please call the Carbon Trust press office on 0207 544 3100.

The Carbon Trust
• The Carbon Trust is an independent company set up in 2001 by Government in response to the threat of climate change, to accelerate the move to a low carbon economy by working with organisations to reduce carbon emissions and develop commercial low carbon technologies.
• We cut carbon emissions now by providing business and the public sector with expert advice, finance and certification to help them reduce their carbon footprint and to stimulate demand for low carbon products and services. Through our work, we’ve already helped save over 17 million tonnes of carbon, delivering costs savings of over £1billion.
• We cut future carbon emissions by developing new low carbon technologies. We do this through project funding and management, investment and collaboration and by identifying market barriers and practical ways to overcome them. Our work on commercialising new technologies will save over 20 million tonnes of carbon a year by 2050.

About Conduit Partners (http://www.conduitpartners.co.uk)
Conduit Partners Limited is the UK’s leading specialist in early stage business-building for technology-based companies.
From business-building to business breakthrough services, Conduit Partners offers proven, practical programmes that help to unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets.

About Isis Innovation (www.isis-innovation.com)
As a partner of the Carbon Trust Incubator Programme, Isis Innovation provides incubator services to early-stage companies whose technologies have real commercial potential and can significantly lower carbon emissions. Isis has reviewed, studied, and helped develop technologies ranging from energy efficient electronics, through to radically novel gearboxes for wind turbines. Other technology ideas supported include carbon sequestration processes, bio-ethanol and bio-diesel production, truck tyre pressure monitoring systems, fuel cell membrane materials, architectural solar panel production, battery development, and wood recycling equipment.

Press contacts:
Nicky Denovan
EvokedSet PR
nicky [at] evokedset [dot] com
Phone: +44 844 870 8025

Distributed on behalf of the Carbon Trust by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1318  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / CLS Communication AG acquires Lexi-tech International on: September 04, 2009, 03:19:42 PM
Zurich, 4 September 2009: CLS Communication AG (“CLS”) has acquired Lexi-tech International, in a transaction completed on September 3. Lexi-tech is the leading provider of translation and language services in Canada. This acquisition is strategically a very important step in the realization of CLS’s international growth strategy.

Lexi-tech International was founded in Moncton, New Brunswick in 1988. With offices in Moncton, Quebec City, Montreal, Ottawa and Toronto, this quality provider of language services is a leader in the Canadian translation services market. Lexi-tech serves an impressive list of over 300 clients, mainly from the public sector, aviation, financial services, life science, technology and the automotive industry. The client base is primarily located in Canada. The company employs in the order of 250 staff, of which more than 170 are in-house linguists. Lexi-tech’s core competencies include translation, desktop publishing, revision and proofreading.

The acquisition of Lexi-tech provides CLS Communication AG the opportunity to increase its quality network of client service. Lexi-tech offers a comparable business model to CLS Communication and the service portfolios of the two firms are complementary. With this acquisition, CLS has secured a leading position in the attractive Canadian market for language services. This provides the company with an excellent platform for further expansion in North America. In the Canadian market, the company will operate under the name of CLS Lexi-tech. All of the Lexi-tech employees will be integrated into the CLS entity. CLS has many years of experience in the integration of language service teams.
 
Doris Albisser, CEO of CLS says: “Lexi-tech is a perfect fit with CLS. This acquisition is strategically a very important step in the realization of our international growth strategy. Canada is a very attractive multilingual communication market and with Lexi-tech we now hold a leading position."

About CLS Communication
CLS Communication AG www.cls-communication.com is an international language and technology services provider for multilingual communication in the fields of finance, insurance, telecommunications, life sciences and legal. Headquartered in Switzerland, the company specialises in the production, translation and management of multilingual documents. Its client base includes some 1000 well-known global companies, Several hundred internal language specialists work for CLS Communication in Europe, North America and Asia, complemented by a network of over 1600 external partners throughout the world.

About Lexi-tech International
Lexi-tech International is the leading Canadian Translation and Linguistic Services Company. With five locations and over 250 employees, Lexi-tech translates for a prestigious list of over 300 clients worldwide. From project management to complex document formatting, Lexi-tech's services encompass all aspects of a translation project. Lexi-tech's experienced resources provide solutions customized to meet the specific needs of the language industry.

For further information, please contact:
CLS Communication AG
Doris Albisser, CEO
Tel. + 41 44 206 68 50
mediarelease_2009[at]cls-communication[dot]com

Distributed on behalf of good news! by NeonDrum (http://www.neondrum.com)
Nicky Denovan
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1319  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Tele2 chooses ip.access for picocells in Europe on: September 03, 2009, 03:48:23 PM
03 September 2009 – ip.access, the leading developer of 2G and 3G in-building wireless solutions, today announced that it has signed a frame contract with European mobile operator group Tele2.

The ip.access nanoGSM system delivers valuable extra coverage and bandwidth so that customers can use their mobile devices for 2G voice and data services indoors and in areas of high network traffic - without fear of their call being dropped or the data flow being interrupted.

The ip.access nanoBTS picocell plugs into an existing IP broadband connection, and provides a reliable and cost-effective means for an operator to immediately improve the quality of service for subscribers.

Commenting on the news, Jamie Cave, VP sales EMEA said, “We are delighted that Tele2 has chosen ip.access to provide the technology to improve network coverage and capacity levels for the benefit of its customers. Our agreement with Tele2 demonstrates the ongoing demand for our 2G picocell technology worldwide, and underlines ip.access as a market leader and innovator of cellular-over-IP solutions for mobile operators.”

-   ends –
About ip.access
Based in Cambridge, UK, ip.access ltd (www.ipaccess.com) is a leading manufacturer of cost-effective picocell and femtocell infrastructure solutions for GSM, GPRS, EDGE and 3G. These solutions bring IP and cellular technologies together to drive down costs and increase coverage and capacity of mobile networks.

The ip.access nanoGSM® is the world’s most deployed picocell solution. It provides GSM, GPRS and EDGE coverage and capacity for offices, shops and (using satellite backhaul) passenger aircraft, ships and remote rural areas.
ip.access is also the company behind the multi-award winning Oyster 3G™ femtocell technology, which increases cell capacity and coverage, drives down costs and dramatically improves the 3G user experience at home. The recently launched nano3G™ picocell builds on the same technology foundations.

With deployments in more than 40 live networks around the world and growing, ip.access is the partner of choice for operators competing in the new converged marketplace.
ip.access counts Scottish Equity Partners, Rothschild Gestion, Intel Capital, Amadeus Capital Partners, ADC, Cisco, Qualcomm and Motorola Ventures among its shareholders.

FOR FURTHER INFORMATION PLEASE CONTACT:
Paul Nolan / Alex Sowden
CC Group
T: 0118 9395900
Paul.Nolan[at]the-cc-group[dot]com / alex.sowden[at]the-cc-group[dot]com

Distributed on behalf of ip.access by NeonDrum (http://www.neondrum.com)
Nicky Denovan
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1320  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / What Works Best Where in Current Printed Electronic Devices on: September 03, 2009, 03:38:31 PM
The Photonics and Plastic Electronics Knowledge Transfer Network have invited IPI Europe to facilitate a tutorial on 19th September in London.

The event, which will held at The Institute of Materials, Minerals & Mining in London, UK from 10 am on the 17th September 2009, will involve speakers including;

David Corr of NTERA on ‘Applications using Nanochromics™ Displays’;

Richard Kirk of PolyPhotonix on ‘Implementing Printed Electronics for Displays and Lighting’;

Birte Surborg of RAKO Security Label on ‘Hybrid Solutions for Brand Protection’;

Mark Litecky of Soligie on Printed Electronics to achieve Commercial Products;

Lawrence Hogg of Faraday Knowledge on ‘Current Applications for Printed Electronics in Packaging’ and
Cathy Curling of Curling Consulting.

The speakers will cover the practical aspects of the underlying technologies, with examples of real Printed or Plastic Electronic solutions that enable applications, devices or components in the following areas:
o Flexible Displays & Signage
Small and large area devices that create new visual effects: e.g. a static or moving colour display, a scrollable image e.g. for advertising, promotional goods, toys & games, tickets, cards

o Printed Sensors & Controlled Release
Devices that sense something about a product’s environment, e.g. its location, temperature or condition. Patches that release chemical substances in a controlled way for Medical & Industrial Applications

o Smart & Interactive Products & Packaging
Products & packaging of all types that can be used to ‘interact’ & ‘communicate’ with consumers e.g. using printed RFID devices and wireless data exchange; or by making a sound

o Brand Protection & Anti-Counterfeiting
Devices that can be used to store some embedded code, data or unique surface feature to enable it to be identified and validated as a genuine article

o Energy Capture, Storage & Generation
Printed devices (e.g. solar, kinetic or piezoelectric) that can capture, store or generate energy that can be used to power printed and conventional products

In addition to hard & electronic copies of the presentations made, delegates will receive a complimentary copy of an IPI Europe programme members circulation document ‘The Printed Electronics Adoption Journal’ which summarises the latest advances in printed electronics technology and adoption.

Notes to Editors:
For further information please contact
David Potter
Tel: +44 (0)7785 222 383
e-mail david.potter[at]ipieurope[dot]com

Distributed on behalf of IPI Europe Ltd by NeonDrum (http://www.neondrum.com)
Nicky Denovan
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1321  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Radware’s AppDirector Integrated with Oracle® E-Business Suite on: September 02, 2009, 03:02:20 PM
MAHWAH, N.J.; September 1, 2009. Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has completed Oracle validated integration testing for the integration of AppDirector 2.0.01, its intelligent application delivery controller (ADC), with Oracle® E-Business Suite (EBS) 12.0. The validation testing was completed through the Oracle PartnerNetwork Application Integration Architecture for Partners initiative.

Oracle E-Business Suite 12.0 is a comprehensive suite of integrated, global business applications, with hundreds of cross-industry capabilities spanning enterprise resource planning, customer relationship management, and supply chain planning. Maintaining the integrity, reliability and availability of the Oracle E-Business Suite applications is critical to the success of an organisation’s global business environment. When deployed with Oracle E-Business Suite, Radware’s AppDirector helps ensure the continuous application availability and scalability by managing network complexities to avoid system downtime through advanced health monitoring and traffic management.

Key benefits of this solution delivered through its integrated approach, include:
• High availability: Radware’s advanced health-monitoring algorithms can detect real-time failures in the Oracle E-Business Suite environment, and can automatically redirect users to an available resource.
• Acceleration and Optimisation: AppDirector offers advanced acceleration capabilities which include SSL offloading, caching, compression and TCP multiplexing to enhance the end-user experience; providing faster download times and a reduction in the required bandwidth needed to support Oracle E-Business Suite, as a whole.
• CAPEX and OPEX Savings: By offloading server processing, AppDirector’s acceleration capabilities lowers CAPEX by reducing the number of servers needed, as well as reducing the bandwidth consumption required to support the Oracle E-Business Suite solution. AppDirector also reduces OPEX by decreasing the management and security costs associated with Oracle E-Business Suite.
• On Demand, “Pay-as-you-Grow” Scalability: As part of Radware’s Business-Smart Data Centre strategy, AppDirector is powered by the company’s next-generation OnDemand Switch platform, which provides a seamless upgrade path – offered in a pay-as-you-grow licensing model – to support more users and greater traffic throughput without any physical forklift upgrade.

“As a business-critical solution, the Oracle E-Business Suite 12.0 environment must optimise user transactions between the different Oracle application servers’ elements to deliver superior performance and productivity,” said Yossi Vardi, Vice-President Global Business Development, Radware. “AppDirector focuses on improving the overall user quality of experience – dynamically allocating application resources to deliver faster response times to all users, at all times.”

The AppDirector devices are deployed in-front of the Oracle application servers, and seamlessly integrate into existing and newly-deployed Oracle E-Business Suite 12.0 environments – without the need to modify the network infrastructure, end-user client devices, software, or source code.

Application Integration Architecture for Partners
Validation through Oracle PartnerNetwork Application Integration Architecture for Partners gives customers confidence that integrations between Oracle Applications and complementary partner solutions have been validated and the products work together as designed. This can help reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Validation through this initiative applies a rigorous technical process to review the integrations of third-party software to Oracle Applications products, including productised repeatable integrations from system integrators. Oracle provides tools, resources and training to assist partners in the integration. Partners who have successfully validated their integrations are authorised to use the “Integrated with Oracle” logo. For more information, please visit Oracle.com at http://www.oracle.com/partnerships/isv/integration/search.html

About the Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 20,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com.

About Radware
Radware (NASDAQ:RDWR), the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for nearly 10,000 enterprises and carriers worldwide. With APSolute®, Radware’s comprehensive and award-winning suite of application delivery and network security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks “business smart”. For more information, please visit www.radware.com.
###

For further information, please contact:
Switch Communications
Paul Doran
Tel: 0207 382 6215
Email: [email protected]

This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.

Distributed on behalf of Radware by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1322  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Security not education is parents’ top priority on: August 28, 2009, 03:53:34 PM
Ashby, United Kingdom – August 28th 2009. A detailed survey into parents perceptions of security in schools published today by TAC UK - the building management and energy services business of Schneider Electric - reveals that security, not the standard of education or attainment, is the main concern for parents of primary and secondary school pupils in the UK.

Bullying - physical, verbal and increasingly ‘cyber’ (using mobile phones &/or the internet) - school trespassers and physical attack involving knives and guns were cited as the main areas of concern by parents.

There was a significant difference between the responses of primary and secondary schoolchildren’s parents, with 11% fewer secondary schoolchildren’s parents saying they felt their child was “very safe” at school.

Looking at secondary schoolchildren parents’ responses regarding what made them “Worried” or “Very Worried”:
• 51% said cyber bullying using mobile phones or the internet made them “Worried” or “Very Worried”
• 48% said pupils carrying knives in school
• 45% said pupils threatening someone with a weapon
• 44% said pupils using a knife against someone
• 48% said drug use
• 46% said drug dealing
• 41% said alcohol use
• 31% said pupils firing a gun at someone

Other interesting findings were the proportion of parents who did not know which security measures were in place at their child’s school, and also who felt they were not provided with enough information about levels of crime and safety in school.

The most widely used security measure that parents were aware of was anti-bullying programmes at 76%, although this figure could have been expected to be higher given that in TAC UK’s 2007 survey of teachers, 83% reported the use of anti-bullying programmes in their school.

Commenting on the survey findings, TAC UK Director Richard Strode said: “It is damning that parents are more concerned about the security of their children while at school, rather than the standard of education they receive. Many schools do need to improve their security solutions, although for some the answer may simply be to fill the knowledge gap and tell parents about the security measures already in place and how effective they are.”

Neil Wilson, Headteacher at Newall Green High School in Wythenshawe, Manchester, added: “A secure and safe school environment is fundamental to our pupils being able to make the most of their education. Since we introduced CCTV cameras throughout the school grounds, corridors and classrooms, pupil attainment levels have risen and the number of incidents has fallen.

“The operating system supports everyone, staff and students. It is used both as a monitoring solution and a teacher development tool, where lessons are recorded and used in e-portfolios and as part of learning and teaching - such as a lesson recap.”

– ends –

* The Government’s five ‘Every Child Matters’ outcomes for school pupils
• Enjoying and Achieving
• Being Healthy
• Making a Positive Contribution
• Achieving Economic Wellbeing
• Staying Safe

About TAC UK Limited (http://www.tac.com/uk)
TAC, the building management and energy services business of Schneider Electric, is a leading provider of solutions that deliver measurable business results to customers by enabling them to do more with less energy. With over 120 years of experience in the HVAC, energy and security arenas, TAC employs more than 8,000 people worldwide, with partners in 80 countries.

TAC’s parent company, Schneider Electric, is the global specialist in energy management with operations in more than 100 countries, offering integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation and data centre/networks. Focused on making energy safe, reliable, and efficient, the company’s 114,000 employees achieved sales of more than 18.3 billion euros in 2008.
For more information, visit www.tac.com and www.schneider-electric.com.

Press contacts:
Adrian Linden
EvokedSet PR
tac [at] evokedset [dot] com
Phone: 07919 967865

Copyright © 2009, TAC, All rights reserved.

For more information, contact:
Christopher Buchanan, Marketing Consultant
+44 (0)7792 234 686
christopher.buchanan[at]uk.tac[dot]com

Lynn Wolfe, Marketing Assistant
+44 (0)7717 836 775
lynn.wolfe[at]uk.tac[dot]com
www.tac.com

Distributed on behalf of TAC UK by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1323  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / t+ Medical launch new blood pressure monitoring product on: August 25, 2009, 04:52:34 PM
Oxford, UK-25th August 2009, t+ Medical today announces that it has launched its new product t+ blood pressure lite which enables NHS healthcare professionals to effectively monitor their patients’ blood pressure without patients having to leave their home.

t+ blood pressure lite is the latest in a range of products from UK based t+ Medical, which uses the mobile phone or internet to monitor and manage health conditions.

The use of t+ blood pressure lite enables health care professionals to monitor their patient’s blood pressure without the inconvenience of having to visit the surgery each time. GP Dan Lasserson from Jericho Health Centre, Oxford said: “Improving our diagnosis and management of hypertension is key to reducing the burden of cardiovascular disease. The BP lite system will allow us to make decisions much more accurately and it is more convenient for patients. Embracing new technology is essential for modern primary care so that we can work together with our patients to prevent the major diseases that cause disability and shorten life expectancy.”

The system has already been trialed, and is continuing to be used by the Stroke Prevention Research Unit at the John Radcliffe Hospital, Oxford. It was found that home monitoring of patients blood pressure using t+ blood pressure lite was feasible in most patients following a mini-stroke (TIA), irrespective of age, and patient satisfaction was high. The home monitoring was able to identify masked hypertension and led to improved blood pressure control.

Business Development Director at t+ Medical Rob Halhead said: “t+ blood pressure lite is another example of our innovation. Our purpose is to use everyday technology which is familiar, cost effective and easy for patients to use to enable the NHS to deliver radically improved healthcare outcomes and at significantly lower cost. We take a collaborative approach with us wherever we go and we’re delighted with the improvements we’re helping our NHS colleagues to deliver in Oxfordshire”.

Ends

For further information contact Marketing Manager Anna Griffiths 01235 432050, or email [email protected]

Notes to Editors:
Notes about t+ Medical Ltd
t+ Medical is a private British company spun out of Oxford University in 2002 with operations in the UK and USA. It specialises in the use of mobile phone technology in healthcare, most prominently in the management of patients with long term conditions and the collection of patient data in clinical trials.

Distributed on behalf of t+ Medical by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1324  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Commercialisation Specialist Conduit Partners Wins Selected Supplier Contract wi on: August 25, 2009, 04:26:25 PM
Abingdon, United Kingdom, 25th August 2009 – Conduit Partners Limited, the UK’s leading specialist in early stage business-building for technology-based companies, today announces that it has won a contract to become one of four selected providers of Patent Appraisal Services to Invest Northern Ireland (INI), Northern Ireland’s economic development agency. Conduit Partners will join an exclusive list of four service suppliers chosen to deliver consultancy on patenting strategy to projects and companies as part of INI’s established Proof of Concept programme. Conduit Partners successfully bid for the one-year contract – which includes an option to extend – via a public tender process.

Under the new agreement, Conduit Partners will be a selected supplier for the delivery of patent appraisal consultancy to projects and companies engaged in INI’s Proof of Concept programme. As part of the pre-proof of concept due diligence carried out by INI, selected service providers will assess projects for potential patent infringement and eventual patentability of the concept.

Conduit Partners provides a rigorous IP management programme that extends beyond typical patent lawyer work – from a simple IP health check to understand the competitive landscape in key markets and clients’ ability to have “freedom to operate” through to developing complex go-to-market IP strategies.

Commenting on the new contract, Conduit Partners CEO Jon Treanor said: “A rigorous and substantiated appraisal of what is patentable – and also defensible – is absolutely fundamental for organisations looking to commercially exploit technology developments. Using our unique and proven framework, we are able to explore exactly where novel technology or IP sits within a particular industry space to provide a clear roadmap for commercialisation post-proof of concept. We’re very excited to be working with Invest Northern Ireland and look forward to adding significant value to their highly regarded Proof of Concept programme.”

Conduit Partners delivers a full range of commercialisation service and support for early-stage companies, including proof of market assessment, IP landscaping and freedom to operate reports, and revenue breakthrough services. From business-building to business turnaround, Conduit Partners offers proven, practical programmes that unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets.

–   ends –

About Conduit Partners (www.conduitpartners.co.uk)
Conduit Partners Limited is the UK’s leading specialist in early stage business-building for technology-based companies.

From business-building to business breakthrough services, Conduit Partners offers proven, practical programmes that help to unlock the value from visionary IP, create sustainable competitive advantage, and successfully connect companies to their markets.

Since its founding in 2002, Conduit Partners has delivered its full range of commercialisation consultancy and support services to leading organisations including QinetiQ, Forensic Science Service, Consensus Business Group, Finance Wales, BAE SYSTEMS, Merseyside investment fund and Scottish Enterprise.

Conduit has delivered over 150 workshops to universities in the UK, and its management team was behind the early success of Celoxica, at the time one of the UK’s most successful university technology spin-out companies.

Press contacts:
Conduit Partners
Nicky Denovan
EvokedSet PR
conduitpartners [at] evokedset [dot] com
Phone: +44 844 870 8028

Distributed on behalf of Conduit Partners by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1325  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Summary of Finnish High-Tech Company Capital Raising Activity - H109 on: August 20, 2009, 06:36:49 PM
Technopolis Online Reports: Finnish high-tech growth companies raised almost €51 million in the first half of 2009—a 17% decrease from the first half of 2008. In addition, Q2 2009 decreased more than 50% compared to the prior year.

The following are the findings of the Quarterly Survey, conducted by Technopolis Online, which is at the forefront of high-tech venture capital research in Finland. This survey reviews capital raised by private Finnish high-tech companies from venture capital funds and from angel investors, both Finnish and foreign. The Survey is based on both publicly-reported and proprietary information regarding 140 Finnish and foreign investors, and 1,500 Finnish high-tech firms.

Overview - In the first half of 2009, 29 Finnish high-tech companies raised approximately €51 million from angel and venture capital investors. The amount raised was 17% below the amount raised by 34 companies in the first half of 2008, and 74% below the amount raised by 26 companies in the second half of 2008. The second quarter of 2009 was the lowest quarter recorded since 2007.

“There is a clear impact of the global slowdown in venture capital investing that we see in other markets like the USA, Israel and India,” said Will Cardwell, CEO of Technopolis Ventures. “We do not have the large bellwether transactions in Finland this year that we had in companies like WinWinD and Blyk in 2008. We see more than 50 companies seeking to raise funds right now in the Finnish market, and we hope that the environment will improve in the second half of the year. Likewise, we hope to see the significant exits that have been lacking for several years start to return in the second half of the year, since there are certainly a number of firms well-positioned for exit as the economic climate begins to rebound.”

In the first half of the year, 11 companies attracted more than €1 million each. Of these, three companies raised €5 to €10 million each: Eniram, Silecs, and EpiCrystals. Only one company raised over €10 million: Imbera Electronics. The size of an average financing round was approximately €1.8 million, about the same as in the first half of 2008 and about the same when comparied to €7.5 million in the second half of 2008 which was skewed by two relatively large transactions.

H1 2009 Highlights:
Investments by sector – Software companies were able to attract more investments than any other industry (11), similar to the situation in H1 2008. Altogether, software companies raised almost €12 million, a decrease from €15.5 million in the first half of 2008. Nanotechnology companies managed to raise more capital, with three companies closing deals worth €12.7 million, setting the average investment size at €4.2 million. Finally, the ICT Hardware & Semiconductor industry received slightly more than €12 million, almost completely due to Imbera Electronics´ €11.3m investment round. Overall, the average investment per company was €1.8 million in the first half. An interesting note is that only one investment was made into a company classified primarily as a Cleantech company however, many of the investments had clear Cleantech applications, like Eniram (software for improving the trimming of cruise ships, reducing oil consumption and carbon emissions).

Regional distribution – During H1 2009, about 65% of the number of investments were received by companies that had headquarters in the capital region. In euro terms, the share was even greater, with capital region-based companies attracting over €37 million and 72.9% of all invested euros. This was a significant difference compared to H1 2008 when capital region-based companies received 56% of all privately invested euros. Venture capital raised by capital region-based companies was €34 million, so interestingly enough companies from Helsinki, Espoo, and Vantaa actually increased the risk capital intake compared to H1 2008, despite the difficult conditions.

Stage distribution – Seed and early stage companies were able to attract 27 investment rounds, a number we consider relatively high, given the economic conditions, but low relative to the number of investment opportunities in Finland. Early stage companies accounted for a majority of the number of investments. They attracted 93% of all investments in H1 2009. The average overall investment size of €1.8 million was not significantly different from the average early stage investment, which was €1.7 million – ranging from €150k up to €11 million. Overall, venture capital companies and private investors did not drastically change their stage preferences during the first half, according to the data.

Investments by type of investor – We have seen some remarkable changes from the previous year in the type of investor. Domestic venture capitalists were the largest single category of investor in H1 2009, though the €24,5 million they contributed was only slightly above the €22m contributed by foreign venture investors. Our other classification, angel investors (nearly exclusively domestic) were estimated to contribute €4 million. There were only 6 clear international investments in H1 2009 which made the average size of foreign investment much larger than domestic venture capitalists´ average investments (€3.7 vs. €1.3 million). In H1 2008, international investors invested venture capitalists invested €12.2 million and angel investors €6.2 million. Varying greatly from the H1 2009 figure, in H1 2008 domestic investors made as much as 70% of investment into Finnish high-tech companies.

Most active investors – The most active investors were based in Finland, with the largest two players being public VC funds. Leading two rounds, Finnish Industry Investment was the most active, taking part in six financing rounds. Veraventure executed five financing rounds, leading four of them. Also Finnish investors Conor Venture Partners and Inventure both opened their check books three times, while Open Ocean Capital, led by MySQL founder Monty Widenius, invested in two software companies. Our data does not indicate any international investor´s investing in more than one Finnish high-tech company during H1 2009. Nevertheless, foreign investors Northzone Ventures and Index Ventures were responsible for the biggest single investment round during H1, when they invested nearly €10 million of the €11.3 million Imbera Electronics raised.

Other Results from Our Data
No Exits - Perhaps the biggest worry is that there are no significant exits in our dataset. In fact, no exits have been reported from any venture-backed growth company in H1 2009. While there was some minor action in the angel-backed merger and acquisition market, there were certainly no noteworthy larger deals reported. Until there is a functioning exit market – both IPO’s and trade sales – venture capital will by definition be scarce since pension funds and insurance companies will stay away from the venture capital asset class. We see positive signs of action in the recent moves of the NASDAQ/OMX. It is becoming more active in raising the number of Finnish listed companies on the First North Exchange (three Finnish companies compared to over a hundred in Sweden). Positive trends are starting to appear in the IPO market, in the US at least, with six venture capital-backed companies debuting in the US market producing very positive early investment returns.

Many companies are seeking funds - On our radar screen, we see over 50 companies actively raising money, and we expect that there are some more that are unknown to us. Many companies have scaled back the amount of investment they are seeking, and they are operating in “survival mode” until both product and capital markets become more attractive. The “sweet spot” of venture capital target fundraising seems to be in the 2-3 million euro range, with “fallback survival options” around 300,000-500,000 euros. This means that there is a stock of fundraising demand in excess of €100 million heading into the second half of the year.

No new venture capital funds or new venture capital management companies were set up in H1 2009. And while numerous international venture capitalists were shopping in Finland, as reported earlier, there were very few known investments. There must be very active campaigns to attract more international venture capital interest in Finland, as well as incentivizing international corporations to invest in and acquire Finnish companies.

There are a few interesting international benchmarks for Finnish venture capital numbers, now that H1 2009 venture capital numbers have been reported in several key markets. In Israel, H1 2009 showed €388 million of venture capital investment (7.6 times the amount in Finland during the period), which was down 49% from H1 2008. India showed €83 million of investment in H1 2009 (only 1.6 times the amount in Finland), down 72% from H1 2008. In the US, NVCA (National Venture Capital Association) H1 2009 statistics reported a 55% decrease from H1 2008, having the invested amount decrease from $15.2 billion to $6,9 billion in H1 2009.

Methodology
We begin with investments reported in the press, using the assumption that a round is completed on the day when it is announced in the press. We then add all investments that are recorded by the teams in Technopolis Ventures’ 6 locations around Finland. Next we make any necessary estimates regarding to the sizes, and distribution of investment among investor classes, based on the known characteristics of the investors in question. When information is not public, to evaluate the size of a round, we make a sophicated an estimate based on the company´s stage, its intends of using the capital, and its reasons behind raising venture capital.intended use for the funds, Finally, we use primary information sources - i.e. interviews of the entrepreneurs and/or investors to confirm our estimates to the degree that they will provide us information. While these estimates have some drawbacks, we believe that our information is the best available, given the relatively secretive nature of venture capital investing in Finland. In particular assuming that the completion date is the same as the announcement date is a strong assumption, and we believe that it may create a lag in the results, but our goal here is to have a consistent methodology that allows year-on-year and international market comparisons.

About Technopolis Online - Technopolis Online is the most comprehensive investment database of the investment patterns in the Finnish high tech industry, combining validated company data and the latest financing rounds to provide a platform for visibility, business intelligence, and transparent market information. By offering an unparalleled depth of market information in Finland and enabling the first national, real time statistical process and validation, Technopolis Online is the foremost information tool for all high-tech financing activities in Finland. Technopolis Online is operated by Technopolis Plc. The service will be launched publicly in September 2009.

Read the full release with diagrams at http://www.technopolis.fi/docs/graf/TPO_Report_H1_2009_20082009.pdf
The Finnish version of this report is available upon request.

For further details, please contact:
Will Cardwell, CEO will.cardwell[at]technopolis[dot]fi
Karri Hautanen, Head of Services & Technopolis Online karri.hautanen[at]technopolis[dot]fi.
Distributed on behalf of Technopolis Ventures Ltd. by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1326  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / CLS Communication AG acquires Scandinavian Translators A/S on: August 13, 2009, 03:58:49 PM
Zurich, CLS Communication AG ("CLS") has acquired Scandinavian Translators A/S in Copenhagen with retroactive effect to 1 July 2009. This acquisition is a further step in the realisation of CLS's international growth strategy.

Scandinavian Translators was established in 1977 and is managed by four founding partners. The company is a very profitable provider of quality translations, active in a broad range of sectors with a loyal client base. This move will strengthen CLS's position in the Danish market and provide the company with a good platform for further expansion in the Nordic region. With its similar business model and complementary client base Scandinavian Translators is an ideal match for CLS. The acquisition also brings additional advantages in the areas of client service, market presence and extended service offering. The partners of Scandinavian Translators have expressed the desire to retire from the company after an initial transition period, while the employees will be integrated into CLS. CLS has many years of experience in the integration of language services departments, including a successful integration project in the Danish market.

Scandinavian Translators partner, Kirsten Carsten Nielsen, commented: "This transaction is the best solution for our company and our clients. We have found a strong partner in CLS and one with the same philosophy as our own."

Steen Magnussen, Country Manager of CLS Communication A/S in Denmark: "For me Scandinavian Translators A/S is an excellent addition to the Group and complements our business in Denmark very well."

Doris Albisser, CEO of CLS: "Scandinavian Translators A/S is a very good fit with CLS. This acquisition is a further step in the realisation of our international growth strategy and the development of our activities in the Scandinavian market."

About CLS Communication AG
CLS Communication AG (www.cls-communication.com) is an international provider of multilingual communication and technology services, with a primary focus on the fields of finance, insurance, telecommunications, life science and legal. Headquartered in Switzerland, the company specialises in the production, translation and management of multilingual documentation. Its client base includes over 1000 well-known global companies, CLS employs over 350 in-house language specialists in Europe, USA and Asia and has a network of some 1600 free-lance linguists throughout the world.

About Scandinavian Translators A/S
Scandinavian Translators A/S (www.scandinaviantranslators.com), founded in 1977, is one of Denmark’s biggest and most reputable translation and interpreting companies. The firm is a full-service provider of first-class business-to-business solutions in translation, interpretation and other language services across all national borders. The company is committed to turning linguistic differences into competitive advantages and financial gain for its clients. It serves clients mainly in the financial, pharmaceutical, legal, transportation, research and labour markets. Scandinavian Translators employs the latest language technologies and also uses these to integrate its language services into clients’ systems.

For further information, please contact:
CLS Communication AG
Doris Albisser, CEO
Tel. + 41 44 206 68 50
mediarelease_2009[at]cls-communication[dot]com

CLS Communication A/S
Steen Magnussen
Tel. + 45 33 48 22 50
mediarelease_2009[at]cls-communication[dot]com

Distributed on behalf of CLS Communication AG by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1327  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / The Imaging Source announces new series of Gigabit Ethernet industrial cameras on: August 12, 2009, 04:03:56 PM
Bremen, Germany (August 12, 2009) - The Imaging Source - a multinational manufacturer of industrial cameras - has just brought to market a new series of Gigabit Ethernet cameras, available in 27 models.

The cameras ship in robust industrial casing with a C/CS lens mount and optionally with a trigger and digital I/Os. The color, monochrome and Bayer models are available in VGA, XGA and SXGA resolutions.

The software support of the cameras leaves nothing to be desired: Both programmers and end-users immediately feel at home. Getting started with the cameras is a matter of minutes and integrating them into existing applications takes only a few lines of code. Drivers for "LabView", "Halcon", "DirectX", "Twain" and "WDM" are included. All camera parameters and settings can be set via the shipped software. Furthermore, a number of automatic modes are available, which guarantee optimal image quality in varying light conditions.

The cameras ship with drivers for Windows XP/Visa, the SDK "IC Imaging Control" and "IC Capture". The latter is a powerful end-user application, which allows all cameras parameters to be set, live video to be displayed, singular images and image sequences to be captured.

About The Imaging Source
The Imaging Source is a multi-national enterprise with branches in the US, Taiwan and Germany. They have been manufacturing imaging products for scientific, industrial and medical applications for more than twenty years. The industrial cameras, converters and frame grabbers manufactured by The Imaging Source are highly robust and are designed to run for years with no maintenance. The Imaging Source products are typically deployed in factory automation, quality inspection, medical systems, microscopy systems, life science projects and as of 2007 amateur astronomy. All imaging products manufactured by The Imaging Source ship with Microsoft Windows drivers, an SDK and powerful software for device control, display and saving of images.

For more information on the new Imaging Source cameras, please visit http://www.theimagingsource.com/en_US/topics/gige-cameras-at-the-imaging-source/

Press Contact
Aurélie Le Fort-Beunink
Tel: +49 (0)421 335 91 0 (Germany)
Fax: +49 (0)421 335 91 80
Email: info[at]theimagingsource[dot]com


Distributed on behalf of The Imaging Source Europe GmbH by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1328  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Lightstreamer & Valemobi to offer Real-time iPhone Applications in Brazil on: July 23, 2009, 05:34:24 PM
Milan, 23rd July 2009 -- Lightstreamer and Valemobi from Sao Paulo, Brazil have signed an agreement where Valemobi will distribute Lightstreamer’s push technology as part of Valemobi's platform for Real-time iPhone solutions.

“We chose Lightstreamer because this is the state-of-the art middleware for distributing real-time data. Lightstreamer has proven it’s mature enough for financial mission-critical applications, and it will be part of our mobile data distribution suite for the Brazilian Stock Exchange, the ValeBroker, says Leonardo Magalhães, CTO at Valemobi.

Lightstreamer is the leading push server for live data distribution based on the Ajax-Comet paradigm (also known as “AJAX Push”). Its server component implements a messaging system based on http that can manage thousands of streaming connections, where data is pushed to the many types of client (Ajax, Flex, Java, .Net, Silverlight, iPhone etc.) in a real asynchronous fashion.

“Valemobi is working as our partner in Brazil to provide support and sales in the local market.” says Simon Walmsley, Vice President of Sales at Lightstreamer.

About Lightstreamer
Lightstreamer is a scalable and reliable Server for pushing live data to Rich Internet Applications. Based on the Comet paradigm, it streams real-time data to any Web browser, without installing anything on the client. HTML, AJAX, Flex, AIR, Silverlight clients, as well as Java, .NET, iPhone applications, can receive live data from Lightstreamer. Lightstreamer has been used in many mission-critical production systems, where scalability, low network impact, bandwidth management, adaptive streaming, and other advanced features, have proven fundamental. For more information see www.lightstreamer.com, where several on-line demonstrations are available.

About Valemobi
Valemobi is specialized in mission-critical applications and products for iPhone and other mobile technologies, delivering its services for banks and financial institutions in Brazil and over the world. Valemobi’s team is able to work and accomplish high complex projects for its clients, with a senior team of consultants. Currently the company is working on the ValeBroker, a stock trade platform which will run on many types of modern mobile devices, including iPhone, Android and other emerging technologies.

For more information on Valemobi please visit our website www.valemobi.com.br

Distributed on behalf of Lightstreamer by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1329  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / Toumaz's Professor Chris Toumazou wins World Technology Award on: July 23, 2009, 04:46:49 PM
Abingdon, United Kingdom, 23rd July 2009 – Toumaz Technology Limited, the leading provider of ultra-low power wireless infrastructure for body monitoring solutions, today announces that Toumaz Technology Co-Founder, Chairman and Chief Technology Officer Professor Chris Toumazou FRS has won the 2009 World Technology Award in the Health and Medicine category. Professor Toumazou, who is also CEO of Toumaz Holdings (AIM: TMZ.L), was named as this year’s recipient at a gala ceremony on Thursday 16 July. The award ceremony was held at the TIME Conference Center, Time and Life Building, in New York, at the culmination of the two-day World Technology Summit.

The prestigious World Technology Awards are given in recognition of those individuals and companies doing innovative work of "the greatest likely long-term significance" in their respective fields. Nominees are proposed by Fellows and Founding Members of the World Technology Network (WTN) – a global community of the key players working in technology, from technologists, financiers and entrepreneurs to government officials, policy analysts and futurists. Other recipients of an Individual award this year include Facebook Founder and CEO Mark Zuckerberg and President Paul Kagame of the Republic of Rwanda. Corporate winners include YouTube (in the category of Communications Technology), Amazon (IT Hardware) and Facebook (IT Software). The corporate winner in the Health and Medicine category was the Mayo Clinic.

World Technology Network Founder and Chairman James P. Clark commented: “The World Technology Network was conceived to bring together the most innovative and impactful people and organisations in science and technology today. Professor Chris Toumazou is a great example of an extraordinary individual working tirelessly on technologies and businesses that are actively creating the future, as exemplified by the pioneering digital band-aid healthcare product now entering the market through Toumaz Technology. Professor Toumazou’s achievements have been wholeheartedly endorsed by his peers through this award, and we are delighted to welcome him to the association.”

Commenting on his award, Professor Toumazou said, “I am very grateful to the members of the World Technology Network for this honour. The focus of my professional endeavour has always has been to accelerate the development and adoption of technology that can benefit and improve the lives of people around the world. I am delighted to become a part of a community of innovators that share this vision.”

Professor Toumazou (FRS FRS FREng FIEEE FIEE CEng PhD) co-founded Toumaz Technology in 2000 to exploit developments in ultra-low power silicon chip technology at Imperial College London. The patented core technology, Advanced Mixed Signal Processing (AMx™), is the basis for Toumaz’s Sensium™ technology platform for intelligent, ultra-low power wireless body monitoring.

Professor Toumazou currently holds the Winston Wong Chair in Biomedical Circuits at Imperial College London and is Director and Chief Scientist of the new Institute of Biomedical Engineering at Imperial. In recognition of his outstanding research, he was made a Professor at Imperial at the age of 33 – one of the youngest ever. He holds 23 patents, many of which are now fully granted in key territories throughout the world, and has published over 320 research papers in the field of RF and low power electronics.

In 2007 he was awarded the Royal Academy of Engineering Silver Medal and in 2008 was elected as a Fellow of the Royal Society – the highest honour in the UK scientific system.

Professor Toumazou led a major campaign to raise £22 million to fund the creation of the Institute of Biomedical Engineering at Imperial College London, which opened its state-of-the-art, purpose-built facilities in 2006. By combining the strengths of Imperial’s world class research schools in engineering and medicine, the IBE draws together scientists, medical researchers, clinicians and engineers to drive major advances in key areas of medical diagnosis and treatment, including personalised healthcare, regenerative medicine and biomedical imaging.

For more information about the World Technology Summit and Awards and for a full list of 2009 Award winners, please visit: http://www.wtn.net/summit2009/nominees.html

– ends –
About Toumaz Technology (www.toumaz.com)
Toumaz Technology Limited is the leading provider of ultra-low power wireless infrastructure for body monitoring solutions.
Toumaz’s ultra low-power smart sensor interface and transceiver platform – the Sensium™ – enables non-intrusive, real-time wireless monitoring of multiple vital signs for a wide range of healthcare and lifestyle management applications. Based on Toumaz’s patented ultra-low power Advanced Mixed Signal (AMx)™ technology, the Sensium provides the enabling technology to connect the mobile individual to healthcare providers – simply, affordably and unobtrusively.
For healthcare professionals, this transforms the possibilities for pro-active monitoring and improved quality of care. For patients, it delivers new opportunities for lifestyle-compatible, personalised healthcare, as well as better therapeutic outcomes.

###

Press contacts:
Toumaz
Nicky Davis
EvokedSet PR
toumaz [at] evokedset [dot] com
Phone: +44  844 870 8025
Distributed on behalf of Toumaz Technology by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
1330  THE TECHNO CLUB [ TECHNOWORLDINC.COM ] / Techno News / DNA Electronics at the Forefront for Launch of UK Government “Life Sciences Blue on: July 16, 2009, 03:15:05 PM
London, United Kingdom, July 16 2009 – DNA Electronics Ltd, a developer of disposable, real-time gene testing at the point-of-care, has been showcased as an exemplary healthcare technology innovator at the launch of the Government’s Life Sciences Blueprint – a range of initiatives aimed at ensuring the UK remains a world-leading location to build and grow life science and biotechnology companies.

The Prime Minister Gordon Brown joined UK Minister for Science and Innovation Lord Drayson, First Secretary of State and Secretary of State for Business, Innovation & Skills Lord Mandelson, and Health Minister Lord Darzi for the launch of the report at the Institute of Biomedical Engineering, Imperial College London on Tuesday 14th July.

The Government’s Life Sciences Blueprint outlines a series of actions agreed across government and with industry to foster a more integrated life sciences industry – combining diagnostic tools with new drugs and new devices to create medical breakthroughs and drive quality and value for money within the high-growth healthcare sector.

Dr Leila Shepherd, Chief Technology Officer and Sam Reed, Director of Product Development for DNA Electronics, demonstrated the company’s SNP Dr (pronounced ‘snip doctor’) innovation to the Prime Minister during the visit. The SNP Dr is a breakthrough silicon chip-based device that offers fast and accurate spot test results for specific DNA sequences that indicate how we are likely to respond to certain drugs. The device is currently being trialed in partnership with global pharmaceutical company Pfizer. DNA Electronics was co-founded by Professor Chris Toumazou FRS, inventor of the technology and now CEO of the company. The core technology, based upon switching transistors on and off with DNA, has led to the world’s first DNA logic on standard CMOS technology, one of the company’s recently demonstrated technical milestones.

Tan Sri Lim Kok Thay, Chairman & CEO, Genting Berhad, and a major investor in DNA Electronics, commented: “I believe that the marriage of semiconductors and DNA detection pioneered by Professor Toumazou will pave the way for a better understanding of disease and new ways of early detection. We see also enormous business potential by strategically helping DNA Electronics to maximise the value of the SNP Dr to the individual. I am delighted to have made this investment.”

Commenting on the Prime Ministerial visit, Professor Toumazou, who is also Director and Chief Scientist of the Institute of Biomedical Engineering at Imperial College London, said: “The merger between the semiconductor and biotechnology industries is creating untold opportunities for bringing disruptive translational technology to market. By pioneering semiconductor chips that can switch on and off with DNA, our company is at the vanguard of a wave of innovation that will culminate in a very different model of healthcare delivery – focused on early detection, monitoring and personalised therapy. This will be the future of healthcare, and DNA Electronics is a prime example of the breakthrough global technology platforms that can be created by harnessing an interdisciplinary approach to biotechnology innovation.”

For video footage of the Prime Minister’s visit to DNA Electronics, please visit: http://www.number10.gov.uk/Page20026
For further information about the Life Sciences Blueprint and to download the report, please visit: http://www.dius.gov.uk/innovation/business_support/ols

-- ends –

Notes to editors
About SNP Dr
The SNP Dr works by analysing genetic variations found in DNA called Single Nucleotide Polymorphisms (SNPs). SNPs are the parts of human DNA that make us all respond differently to disease, bacteria, viruses, toxins or medication. Each year, the NHS spends £460 million to treat 250,000 patients who are admitted to hospital suffering adverse reactions to prescribed medication.

The SNP Dr works by analysing the DNA in saliva or cheek swab samples, which are placed in a cartridge and exposed to the silicon chip sensors inside the device. A copy of the fast or slow metabolic SNPs is contained in the chip. If they detect a match, a message is displayed on the SNP Dr’s console. The doctor can then assess their patient in the GP surgery, without a lengthy and costly laboratory analysis, and prescribe dosages and treatments accordingly.

About DNA Electronics (http://www.dnae.co.uk)
DNA Electronics is a consumer-focused company with a scaleable technology. DNA Electronics (DNAe) is developing disposable silicon chip-based solutions for real-time gene sequence detection at point-of-care.
All living things are defined by their genetic code – from the unique identity of a bacteria or virus to the physical and biological traits of humans. Gene tests can be used to determine how a patient will respond to certain drug treatments; the cause of an illness; a person’s genetic predisposition to disease; and environmental or food contamination. Traditionally however, gene tests can only be carried out in a laboratory by skilled personnel.
DNAe’s silicon-based platform technology delivers fast and accurate handheld gene test solutions with all the appeal of consumer electronics: anytime anywhere. This presents disruptive new opportunities in diagnostics, data capture and therapy.

PRESS CONTACT for DNA Electronics:
Nicky Davis
EvokedSet
Email: nicky[at]evokedset[dot]com
Tel: +44 (0)870 285 1650
Mobile: +44 (0)7747 017654

Distributed on behalf of DNA Electronics by NeonDrum (http://www.neondrum.com)
Nicky Davis
Tel: +44 7747 017654
nicky[at]neondrum[dot]com
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