October 20, 2005 Business Alliance Grubstake Breakfast Presenters
ADF Solutions, Inc. is a developer of software solutions designed to address the issue of the growing backlog of digital evidence facing agencies today. None of the software currently available through other companies provides the technology to automatically identify known suspect data files. With the amount of digital data in this area increasing exponentially, the need to automatically identify suspect files is becoming critical. ADF Solutions, Inc. will provide its unique SearchPak™ technology to allow agencies to create, manage and share suspect file information. ADF icurrently is working with two agencies to test and deploy this technology. The solutions will be targeted initially to federal agencies with the goal of establishing the SearchPak™ technology as the federal standard. The solutions then will be targeted to ISP 's and eventually corporations to automatically detect illegal activity on email servers and network traffic.
ADF Solutions plans to be a vertical solutions provider for digital forensics, and this will include bidding as a federal contractor to developing custom solutions. ADF also iscurrently filing patents for its technologies and methodologies, and is seeking $250,000 - $500,000 equity investment and/or convertible notes to be used primarily to hire researchers in the field of image/video analysis as well as the software engineers to develop the solutions. ADF Solutions expects revenues from initial client sales and federal contracts to provide additional operational capital for founder salaries, operational expenses, legal expenses etc.
Contact: J.J. Wallia, President – Advanced Digital Forensic Solutions, Inc.
(202) 572-8272; wallia@adfsolutions.com
Cident delivers foreign language TVtelevision programming to ethnic American homes using excess over the air bandwidth from digital TV stations. The companies proprietary delivery methods allow it to offer multiple channels of premium subscription based programming to homes that are currently underserved by cable and satellite. Cident has successfully signed six programmers (with exclusivity on key content) for its Korean service and is broadcasting from a Washington DC TV station.
The company is two years old and led by an executive management team with deep media, distribution, and startup experience. Cident is offering $1M in convertible notes with warrant incentives to bridge it through completion of its upcoming Series A equity round. Chesapeake Emerging Opportunities fund, a local Angel group, is acting as lead investor. The funds will be used for general operations related to preparation for commercial launch and expansion of its service to San Francisco and L.A.
Contact: AJ Fraser, President/ CEO – Cident Entertainment, Inc.
(703) 243-1803; ajfrazer@cidententertainment.com
Endeavor Security is a software development company focused on securing our nation's critical infrastructure. The company's breakthrough technology can identify and fingerprint new threats and offers an immediate solution that can be deployed to secure a network using an approach similar to anti virus for the pc. Endeavour Security's self-defending FirstLight product suite can auto generate signature updates in milliseconds, test them and deploy them to standard firewalls and IPS devices. The company's target markets include government agencies, financials, telcos and energy/utilities. These critical infrastructure organizations understand their security needs and have articulated their requirements in both procurements and industry guidelines.
Endeavour Security is offering its products through Managed Service Providers (MSPs), Systems Integrators and OEMs. The customer experience is simple and powerful. The firm's recipe for success is next generation technology combined with superior delivery through a web portal, by a solid trusted organization. Customers can reduce their in-house security analysis and gain access to immediate solutions. Endeavor Security is seeking $2 million in funding for sales and marketing development along with customer support infrastructure.
Contact: Barnaby Page, Senior Vice President – Endeavor Security, Inc.
(703) 286-5820; bpage@endeavorsystems.com
InvisiTrack has developed proprietary RF-based technology that is much less expensive to implement than RFID or GPS solutions and can solve problems much better than the available solutions. An enormous amount of time and money - even lives - could be saved if it were possible to easily and inexpensively track people and mobile objects . InvisiTrack has developed sophisticated algorithms and software to track groups of people and objects with simple, low-cost handheld, mobile devices. The company's devices require no fixed infrastructure and use simple VHF electronics that give them significantly better range and accuracy than existing tracking systems.
InvisTrack's initial focus is on public safety and security markets where there is significant demand, available funding for development and no adequate products exist. Later, the company will address larger commercial, industrial and consumer markets. InvisiTrack is seeking $500,000 to complete the development of the prototype and to deploy initial products to selected customers.
Contact: Russ Markhovsky, Founder/President – Invisitrack, Inc.
(410) 991-8529; rmark@invisitrack.com
Talicyn, Inc. is a developer and manufacturer of Software Defined Radio control systems, middle-ware, cognitive-systems, and Smart Antenna Technology which allow the configuration of commercial base stations supporting the spectra of radio communications from VHF to Cellular and ADS. In a Talicyn empowered world, a wireless base station can support communications between First Responders (Fire Police/Rescue), differing PCS cellular phones (GSM/CDMA/TDMA/IDEN), and in an emergency – Federal responders and the Military on the same hardware platform.
Talicyn systems perform the normal functions associated with a radio base station, and allow different radio types to interoperate. As such, a policeman operating on 900 MHz could communicate directly with a cell phone user on 1900 MHz - or with a rescue worker in a Coast Guard helicopter. Further, data services may be integrated, even if they are on different parts of the spectrum. Talicyn, makes Radio operate like the Internet. Talicyn is seeking $1.5 -2.0 Million in funding to be utilized principally to file for Patents, to continue to fund joint development of the Smart Antenna System with Georgia Tech and the Trans-Encryption system with Vistauxx, and to round out the company's team by hiring a CFO and additional developers.
Contact: Harold (Skip) Lawson, Principal – Talicyn, Inc.
(301) 498-8000; lawson@talicyn.com
Previous Breakfast Presenters
June 9, 2005
March 9, 2005
October 21, 2004
June 15, 2004
March 25, 2004
November 20, 2003
September 10, 2003
June 5, 2003
February 20, 2003
October 30, 2002
July 25, 2002
April 25, 2002
January 24, 2002
October 23, 2001
July 26, 2001
April 26, 2001
January 25, 2001
October 25, 2000
July 20, 2000
April 12, 2000
January 27, 2000
October 21, 1999
July 22, 1999
June 9, 2005 Century Club Grubstake Breakfast Program® Presenters
Video Search Technology (VST) is a developer of multi-media video processing software products, professional services and application services. These products and services are based on the company's proprietary searchable video platform and are designed for the worldwide market of corporations, media and entertainment companies, government agencies, and educational institutions that produce video content. VST's business model is to market and sell its proven proprietary video search platform to a rapidly expanding marketplace that is demanding a well priced, easily integrated solution for its video search needs. VST's flexible platform can be easily integrated into any size organization and is scalable to accommodate millions of users. VST is seeking $600,000 in equity financing for production, market entry and personnel.
Contact: Keith Carney, President/CEO — Video Search Technologies: 202-393-7300; kcarney@fednet.net
String Bean Software, Inc. has developed WinTarget™--a scalable, full-featured, hardware independent, software-based iSCSI Storage Area Networking (SAN) solution--designed, built, and optimized for the Microsoft computing environment. Deploying the WinTarget™ easy-to-use SAN solution, enables organizations of any size to cost-effectively meet critical business requirements while reducing operational costs, meeting regulatory requirements, and the need for improved disaster recovery/business continuity solutions. String Bean Software seeking $750,000-$1M in early-stage funding to support product marketing and worldwide channel expansion, the implementation of infrastructure to support a growing revenue/customer base, and continued product development/enhancement.
Contact: Mickey McIntire, CEO — String Bean Software, Inc.: 301-977-7800 ext 17; mmcintire@stringbeansoftware.com
Jebra Technologies is a health sciences company with patents on tissue preservation and neuroprotection against reperfusion injury and nerve gas. (Reperfusion is the restoration of blood flow to an organ or tissue that has had its blood supply cut off, as after a heart attack.) The company's Vitaegen™ product extends the shelf life of corneas for transplantation from 5 to 35 days, doubling the eye bank market and enabling exports to lucrative overseas markets. Vitaegen™ will be marketed to eye banks within one year and will produce positive cash flow within 18 months. Satnam™ addresses reperfusion injury that occurs in newer FDA approved stroke and heart attack treatments, and also injury from nerve gas. Satnam TM has had peer review approval by the US army and a research grant is pending. Satnam™ addresses markets exceeding $700 million, with more than 1,800,000 patients. Jebra Technologies is seeking $2 million to develop and market the Vitaegen™ line of products.
Contact: Harpal Mangat MD, CEO — Jebra Technologies: 301-461-7599; mangat@jebra.net
Visure is currently raising up to $800K for its Pre-Series A funding stage. Proceeds will be used to finalize quality assurance testing, secure required hardware, enhance search engine optimization programming, conduct focus groups and implement revisions, launch pilot program, and continue business development.
Bent Systems, Inc.— is a RFID software solutions developer marketing technology for Enterprise and Supply Chain Applications including a horizontal platform for RFID technology integration across industries, and a vertical supply chain application for retailers, distributors, and suppliers.
Based upon the founder's experience in managing the "Supply Chain Solution of the Year" (Deloitte 2003), Bent Systems' first products are a horizontal platform for RFID technology integration across industries, and a vertical Supply Chain application for Retailers, Distributors, and Suppliers. This segment represents over 50,000 organizations in a market growing from approx. $500M in 2004 to over $8 B in 2008 according to analysts.
The company's products are unique in providing comprehensive packaged software solutions, based on a business process modeling discipline to mid-large sized customers. This approach allows organizations to achieve process improvements leading to real savings and competitive advantages in service or product delivery. As a product focused company, the company strategy includes a strong partnership and channel strategy in addition to its direct sales efforts.
Bent Systems is seeking $1 million for product development, marketing, sales and recruiting.
Contact: Sylvanus Bent, CEO — Bent Systems, Inc.: 703-636-4444; sbent@bentsystems.com
Blue Ridge Games,® Inc.—(BRG) is a publisher of multiplayer games for mobile phones and other platforms which has developed technology enabling real-time multi-user interaction over a high latency network already in use by subscribers of Verizon Wireless and other companies.
BRG filed a patent for its unique solution, developed the core software, and designed three applications using the technology. Momentum™, the debut game, received critical acclaim and awards, and rave reviews from Verizon Wireless, Midwest Wireless, and Alltel subscribers paying $2.99/month to play. According to ARC Group, less than ¼ of mobile phones could download games in 2003, but 97% will be able in 2008, growing mobile games business from $1.1B to $8.4B. While most current mobile games are solitary experiences, BRG incorporates communication, competition, cooperation, and community into its games.
Blue Ridge Games,® Inc. is seeking $1-2 M in funding to produce two other titles based on the initial technology, develop a second technology to enable asynchronous play and viral marketing, and expand distribution.
Contact : Allen Eichler, President — Blue Ridge Games,® Inc.: 540-882-4969; ae@blueridgegames.com
iRCA, Inc.— is a developer of an innovative patent-pending, universal information display system that facilitates decision-making by working in conjunction with existing databases to distill the database information in a way that makes accurate, quick decisions in a variety of day-to-day applications possible. Its product, K-bar®, sits atop databases and quickly make sense of the information in them. Designed for lay people, K-bar applies to any industry where making accurate decisions quickly matters.
The first application, now in the early revenue stage, is Real Estate K-bar. Using public and MLS data, this Internet-based application produces unique solutions to problems plaguing a hyper-competitive, multi-billion dollar industry. Within seconds, K-bar displays relevant, objective profiles of any neighborhood and any home's relative standing in it. Consequently, K-bar makes CMA (the only other home-price estimation tool) obsolete. Because K-bar is more accurate, more stable, and 50 times faster! Targeted for this application are Realtors, mortgage brokers, lenders, and others who are vying to share $200 billion/year in commissions. Finance K-bar, Education K-bar, and international expansion are next.
iRCA seeks $2,000,000 for marketing, sales and the development of additional products.
Contact: Bahram Khozai, CEO — iRCA, Inc.: 703-608-5460; Bahram@iRCA.us.com
New Hope Pharmaceuticals, Inc.— is a developer of patented technology which provides more effective therapy options and improves outcomes for cancer patients by quickly determining--pre-treatment--the selection and optimum dosage of chemotherapy drugs, and also accelerates drug discovery by providing a fast, accurate methodology for drug efficacy appraisal in vitro.
The company was founded to commercialize a novel, personalized drug response platform for cancer patients. By quickly determining, pre-treatment, the selection and optimum dosage of chemotherapy drugs to which a patient is likely to respond, the Company's proprietary, patented technology is designed to provide more effective therapy options and improve outcomes. Currently a trial and error method is used to select these often very toxic drugs. For patients whose cancers do not respond to standard therapies, New Hope can test nonstandard (even experimental) therapies and "cocktails" of drugs. The technology platform will also accelerate drug discovery by providing a fast, accurate methodology for drug efficacy appraisal in vitro; it can test not only live cancer cells, but any live cell against any agent.
New Hope's technology has been well developed, validated in several settings, used for drug development by Eli Lilly and others, published in two major journals, and requested by patients desperate for help. What remains is a formal validation trial to gain broad market acceptance and commercialization.
New Hope is seeking 1.7 million in equity plus grants at the present time, and plans to seek an additional 3.5 million in equity and grants in 2006. The company will use these funds for R&D (including formal validation trials), G&A, and marketing.
Contact : Linda Taylor, CEO — New Hope Pharmaceuticals, Inc.: 301-527-1558; LrTaylorCFA@aol.com
The Bill Police, LLC — is a wireless bill auditing firm which uses a patent pending service method with proprietary software to create a model for plan optimization and then audit the bills on a monthly basis by comparing to this baseline thereby substantially reducing the customer's cell phone service bills.
The company helps businesses manage their wireless (cellular) bills by providing effective use of wireless technology with the lowest cost for a customer's subscribers (phone numbers). The company has been shown to consistently and substantially save the customer money by reducing the customer's cell phone service bills.
Businesses are overpaying their wireless bills by an average of 25% every month. This is an opportunity to reclaim over $25 billion in savings every year; or, left alone, to allow $2 billion per month of waste. This waste is where The Bill Police makes its impact; it uses a patent pending service method with proprietary software in 2 steps: (i) Baseline: Create a model for plan optimization: right plan, right minutes, right coverage, right price. (ii) Audit the bills on a monthly basis by comparing to this baseline.
This includes:
· Simplify and customize the bill
· Identify and correct billing exceptions to the baseline
· Suggest alternative rate plans for wireless carriers
· Identify historical trending and identify alternative services
The Bill Police is seeking up to $2 million in funding to expand its proven business model with marketing and sales rollouts, together with operating capital to support its expansion into regional/national service models.
Contact : Kae Zulager, CEO — The Bill Police, LLC: 804-422-1560; kae@billpolice.com
Honorable Mention—Display Table Awardee
PartnerMD, LLC
PartnerMD is redefining health care by offering patient members access to levels of service and personal attention previously unavailable in today's primary care practices. Patient members pay an annual membership fee to receive a higher level of customer service, on-time appointments, healthcare on demand 24/7, 30 minute minimum appointments with their physician and proactive, personalized wellness programs. Insurance, including Medicare, is accepted for covered medical charges, but it does not cover the membership fee. Existing family practitioners and internists are recruited, given a comparable base salary and financial incentives based on the quality of health care delivered, not the quantity. Patient panels are reduced from the current 3,500 – 5,000 average to 600 per doctor. T h e Company also currently offers an Executive Physicals to corporations such as Capital One, Brinks Security, Owens & Minor, Massey Energy, Luck Stone and Interbake Foods. Partner MD is seeking $1-2 million for product development, marketing/sales, distribution, etc.
Contact : Linda Nash, CEO — PartnerMD, LLC,: 804-282-1793; LNash@partnermd.com
October 21, 2004 Century Club Grubstake Breakfast Program® Presenters
4Wave Inc.
4Wave is the premier developer of advanced, sub-nanometer, deposition and etching technologies. These technologies initially were developed to enable the manufacturing of 4Wave's miniature multi-filter chip. The multi-filter chip will enable the implementation of 10GBE on the installed multi-mode fiber. 4Wave also has been delivering biased target deposition equipment to companies in various industries such as the data storage and optical storage industries. The company plans to build its capital equipment business in parallel to manufacturing the multi-filter chips. 4Wave is seeking $1.8 million in funding to be used to commercialize the multi-filter chip into a Transmit Optical Sub Assembly (TOSA) marketing, sales and continue the development of its product.
Contact: Sami Antrazi, President—4Wave, Inc.; 703-787-9283 x108; santrazi@4waveinc.com
Balywho, Inc.
Utilizing TV-like displays networked through centralized content servers, Balywho, Inc . supplies and operates Internet-enabled media solutions in the elevators of high-rise buildings. Balywho programming includes entertainment, tenant communications, and advertisements, displayed to a captive and affluent audience. Advertisers currently are seeking alternative media outlets for their messages, resulting in an exodus from traditional media channels. Taking advantage of this trend, Balywho provides a new and dynamic medium, delivering a unique reach to an attractive demographic (according to a May 2002 Nielson study, elevator advertising delivers the highest recall rates compared to other media, 40% higher than TV and double that of newspapers). Balywho also improves communications between property owners and their tenants. The product is viewed as an attractive amenity increasing building prestige. Balywho already has contracted with several of the country's leading commercial real estate owners and is far along in negotiations with others. Balywho is seeking $2 million to fund for rapid growth into these properties, and for on-going operational expenses.
Contact: Sean Cease, President & CEO/Chairman of the Board —Balywho, Inc.; 703-641-0256; scease@balywho.net
EZArchive, Inc.
EZArchive is an exciting new provider of online personal media management services. As a subscription-based portal for consumers, EZArchive provides the easiest and most effective way to preserve, access and share digital content online. The EZArchive solution is designed specifically to address the management issues resulting from the growing worldwide digital revolution. Consumers today are inundated with ever-expanding personal collections of digital photos, video clips, music files and more. By bringing their disparate digital formats into one centralized archive, consumers can better manage and share what they have. The company is managed by a team with extensive archive and online consumer photo sharing experience. A recent market test attracted almost 18,000 new members to the site in just three months. EZArchive will be utilizing a partner channel strategy and is seeking $2 million in funding to be used for business development and infrastructure growth. EZArchive expects to be profitable by mid-2005.
Contact: Pam Huling, Founder, Principal, Operations —EZArchive, Inc.; 571-332-5427; phuling@ezarchive.com
Roadstar Internet, Inc.
Roadstar Internet is the premier wireless broadband network provider serving enterprise and residences in the mid-Atlantic region. Roadstar operates its own wireless network using various licensed and unlicensed spectrum. With a unique, scalable network architecture that includes a wireless, high-speed core infrastructure, Roadstar provides efficient connectivity solutions to enterprise, residences, towns, municipalities, and enhanced service providers. The Roadstar connectivity solutions provide the flexibility of megabit and multi-megabit performance along with the feature, functionality, and reliability required for complete, end-to-end, commercial internet network services. Roadstar is seeking $1.75M in funding to be used for growth of current business based on existing business model, sales, marketing, and build out team.
Contact: Marty Dougherty , CEO—Roadstar Internet, Inc.; 540-554-2360; mdougherty@roadstarinternet.com
Sensics, Inc.
Sensics uses patented cutting-edge technologies to make wide-field displays and cameras without performance trade-offs. The company's goal is to become the leading supplier of augmented reality solutions (displaying real-world data combined with computer-generated information) both to the military and to commercial customers. Sensics' first product, launching this quarter, is targeted at the visual simulation market. Frost & Sullivan estimates this market at $1.4 billion in 2004, growing to $2 billion by 2009. The display systems segment of that market, which Sensics can immediately address, is valued at $110 million, and expected to grow at 12% a year. The firm's strategy is to establish its brand at the high-end first, and then push the technology down to the consumer level over time. Sensics is seeking $2M to complete its management team, launch a marketing campaign, manufacture several systems for sale, and bring additional products to the market.
Contact: Larry Brown, President and Founder—Sensics, Inc.; 443-226-2967; larry@sensics.com
June 15, 2004 Century Club Grubstake Breakfast Program® Presenters
Fidelis Security Systems, Inc.
Fidelis Security Systems provides a new category of content security solutions called extrusion prevention systems that detect and prevent the unauthorized transfer of sensitive/valuable information off computer networks. The market for content security is expected to exceed $2B annually by 2005. DataSafe™ is the first extrusion prevention system™. DataSafe works by identifying critical data types leaving designated sensitive information areas, stopping the data transfer in real time, and collecting forensic evidence. Fidelis has targeted the U.S. Department of Defense, healthcare privacy (HIPAA), and financial services privacy (Gramm-Leach-Bliley) markets. Fidelis Security Systems was founded in May, 2002. The founders of Fidelis Security are experts in network security technologies and high-tech marketing with a track record of success. The two co-founders of Fidelis were colleagues at InforMax from pre-funding through IPO in October 2000. Their combined responsibilities covered sales and marketing, product support, and engineering. The company is seeking $1-2M in funding for marketing, business development, sales, product, support and operations. Contact: Timothy Sullivan, CEO—Fidelis Security Systems, Inc.; 301-941-1973; sullivan@fidelissecurity.com
MicroLab Diagnostics
MicroLab Diagnostics has products that can be marketed in one year that solve critical problems in the forensic market. Key customers, the FBI and Cellmark, already are lined up. The FBI is funding product development with $1.5 million. These products will produce positive cash flow within 18 months. The management team has senior management experience in the clinical lab, large diagnostics company, and with successful startups: Dr. James Landers, Director of Clinical Pathology, the Mayo Clinic. Keith Lingenfelter, VP of Diagnostics, IGEN International (Sold to Roche for $1.5 billion) and Abbott Labs. MicroLab has an extensive technology platform (12 patents) that for the first time covers all steps needed for performing “complex” diagnostic assays in the Biochip format. Currently these assays require 3 to 4 hours to two-day procedures. MicroLab’s are simple ten minute, one-step formats. The company is seeking a seed round for $2 million, $0.75 million is committed. This funding plus the FBI’s $1.5 million will be used to develop beta site units for our customers. Contact: Keith Lingenfelter, VP of Diagnostics—Microlab Diagnostics; 301-529-3424; keithlingenfelter@netzero.com
Transactis, Inc.
Transactis has a unique, patent-pending bill payment service that facilitates secure ACH and credit card payments within the email itself. Today, the only “electronic billing” option is online billing, which uses a web site and email is used only as a reminder tool. Over the past 2 ½ years the company has proven that email recipients are 20-to-200% more likely to conduct a transaction in an email versus on a website, if given the choice. Still, while companies seek to convert customers from paper to electronic billing, the typical company has succeeded at moving only 5% of its customer base off of paper. The key reasons include operational complexity, too many web pages and clicks, and challenges in simple tasks such as saving and printing copies of bills,Transactis’ email billing product, BillMail™, gives billers a more user-friendly e-billing product that is more likely to be accepted by consumers as the best alternative to paper billing. The company has raised approximately $1MM to date.Transactis has an experienced management team, with experience in both startups and large companies, including transaction-based services firms such as ADP. It has a full pipeline of utility companies, one of the country’s top billing vendors and two Fortune 100 companies.The company currently is seeking investment of $2M for working capital--primarily sales and marketing. Contact: Tom Kohn, Co-Founder/CEO—Transactis, Inc.; 301-404-2779; tkohn@transactis.com
VideoNEXT, LLC
VideoNEXT sells software for facility and infrastructure security. Customers are government organizations. Our software glues together video cameras and specialty peripheral devices (including biometric and access control), to help create a secure environment at affordable cost. The software operates on open source Linux. The end user realizes significant cost savings through the use of existing infrastructure, lower installation and operating costs, loss reductions and personnel efficiency improvements. Numerous GUI’s engineered for each type of user (guard, network administrator, facility security manager, etc.) make the solution easy for that person to use.The market for this type of enterprise level software is large ($ billions) and growing (25%). VideoNEXT has achieved significant milestones that reduce investment risk. It has key customers and a significant pipeline, and is at breakeven.The company is seeking $750,000 in equity to fund additional working capital, research & development and expanded marketing. Contact: George DeVaux, CFO—videoNEXT, LLC.; 703-903-0227; george@devaux.org
March 25, 2004 Century Club Grubstake Breakfast Program® PresentersAdvanced Vision Therapies, Inc.
Advanced Vision Therapies, Inc. (AVT) is an early stage drug discovery company that is entirely focused on the development of sustained, potentially life-long therapies for the major blinding eye diseases. AVT was founded by three scientific directors, formerly with Novartis, to commercialize their pivotal research in localized, ocular-based therapies. The ocular diseases, such as age-related macular degeneration, have multi-billion dollar markets and significant unmet medical needs, yet have been underserved by large pharma. Recent clinical trial data suggest that these diseases will be treatable, but with therapeutics that must be repeatedly injected directly into the eyes. AVT recognized that an improved delivery system is required to enable the broad application of ocular therapeutics. AVT identified a novel therapeutic and developed a proprietary delivery system, which, with a single administration will provide sustained, possibly life-long, therapy. AVT is seeking $2M to complete the research and early development for AVT's first product.
Contact: Sheila Connelly, Co-Founder/VP of Bus. Dev.—Advanced Vision Therapies, Inc.; 240-453-8478; sheila.connelly@AVTxInc.com; www.avtxinc.com ClimaTech Safety, Inc.
When it is ‘hot as Hell' and the job still must get done, ClimaTech's patented cooling vests--wearable personal air conditioning—help personnel stay cool! More people die in the U.S. from heat than from all natural disasters combined. U.S. industry suffers an estimated $25 billion in productivity losses annually due to heat. ClimaTech has solutions: Affordable, effective, simple, proven superior solutions based on technology protected by our four patents. Since 1995, ClimaTech products have been cooling personnel in extreme heat environments. These products have been used across the country by firefighters, U.S. military (Army, Air Force, Marines) and industrial workers (Caterpillar, 3M, DuPont) to address heat problems—thereby increasing productivity, comfort and safety. ClimaTech is seeking $750,000 in expansion capital to accelerate the company's rapid sales growth (+400% since 2002) and to expansion of distribution infrastructure (+1000% since 2002) with advertising, marketing and promotional support. Funds also will be used to hire additional key personnel.
Contact: Steve Sadler, CFA—ClimaTech Safety, Inc.; (804) 436-0089; Steve.sadler@climatechsafety.com; www.climatechsafety.com Verication, LLC
Verication's products provide a non-destructive, forensic test combined with a global database of product information to eliminate medication errors in pharmacies and hospitals and to detect counterfeit drugs in the pharmaceutical supply chain. Verication is seeking $2M for product development and working capital to acquire assets, hire personnel, develop collateral materials and purchase inventory through first year of sales (year 2 of operations).
Contact: Jeff Hall, Business Development/Sales—Verication, LLC; 410-465-9492; verication@comcast.netWPS Company
WPS Company manufactures technology for on-site medical waste and confidential media destruction. The processed waste is reduced 80% in volume and 15% in weight and is totally sterile, non recognizable and non hazardous. The end product can be handled by any landfill. Technology serves several vertical markets: Healthcare, pharmaceutical, clinical labs, surgical centers, nursing homes, government etc. WPS' multi-patented, unique technology is offered through capital purchase, lease or a complete turnkey service agreement. Options are funded by GE Health Services. The essence of the technology is steam sterilization and the simultaneous maceration of material in a closed pressure vessel, generating no odors or negative air emissions thus noted as the best environmentally-safe product on the market. WPS is on GSA Schedule, has a National Contract with AFMLO/VA and is a Premier (GPO) Business Partner. Customers include: Hopkins, Red Cross, US Navy, US Air Force, Quest Diagnostics, VA and USDA.
Contact: Bill Norton, President/CEO—WPS Company; 443-524-4245; wdnorton@wasteprocessingsolutions.com; www.wasteprocessingsolutions.com
WPS is seeking $2M for capital expenditures, marketing and sales G & A and working capital.
November 20, 2003 Century Club Grubstake Breakfast Program® PresentersAmerican Solar Inc.
Amerrican Solar, Inc. (ASI) produces a patent-protected Solar Thermal Tile System to provide low-cost heat.
ASI's system can be installed as an attractive, weather-tight roof of a building or as a ground mounted system. ASI's system heats air up to 190 degrees and collects 10 to 15 times more solar heat energy than the electric energy it consumes to run the fan .
ASI's technology can be used to heat:
• Emergency generators, which incur $1.2 billion in heating expense annually in the US
(ASI's system reduces generator heating use by approximately 50%).
• Commercial buildings by converting the building's roof screen into a solar collector.
• And commercial processes such as boilers, heat pumps and thermally driven air conditioning.
ASI is initially targeting the Federal sector and has sold more than $300,000 in systems to the Pentagon and USGS. The company will be profitable this year. ASI seeks $650,000 to expand sales and marketing, and position the products to enter the $100 billion per year, residential/commercial heating market.
Contact: John Archibald, President // 703-346-6053 phone
e-mail: jarchibald@americansolar.com // URL: www.americansolar.comLightSpin Technologies, Inc .
LightSpin Technologies, Inc. develops the world's highest performance photon detectors. OEM customers need these components in billion-dollar sectors where the sheer performance of these components wins or loses market share. Government customers need LightSpin's products for critical national functions in defense, health, science and technology. LightSpin is already cash-flow positive and self-sufficient in development, and has six current contracts paying all R&D costs and overhead. LightSpin looks forward to exceptional growth and profitability with a sustainable advantage through decisive technology leadership, strong patents, a focus on problems that customers care about, and clean execution. The company expects to go public in 2007. The company seeks $2 M of series B venture capital for marketing, working capital, and customer prototypes, with the lead VC from Series A willing to match new investor dollars.
Contact: David Salzman, President/CEO // 301-656-7600 phone
e-mail: slazman@lightspintech.com // URL: www.lightspintech.comReceptorBase, Inc.
ReceptorBase, Inc. is a computational, life sciences discovery-research company with expertise in complex receptor targets. Our technology can reduce the time to discovery of validated genomic targets and lead compounds by one to two years, providing savings up to $100 million per target or per drug. The increased discovery rate and the quality of the compounds we identify address key needs of pharmaceutical companies. Our focus distinguishes us from structural chemistry approaches through our unique, predictive technologies as opposed to Lego-type models. As we continue to prove our value as a discovery partner, we intend to develop compounds for two-three selected drug targets and license these compounds to partners for clinical development. Our long-term vision is to be the leader in the industrialization and commercialization of life science discoveries through computational means. We are raising $1 million to be put towards the commercialization, hiring additional scientific personnel, and legal services.
Contact: Lee Kolakowski // 443-629-6912 phone
e-mail: kolakowski@receptorbase.com // URL: www.receptorbase.comSimena, LLC
Simena is a software company which was established in October 2002. Its mission is to develop and manufacture intelligent network appliances for its customers to have new network capabilities and business opportunities. The target market is comprised of companies in software development, network equipment, ISP and telecommunications sectors. Simena's first product is NetworkEmulatorTM which is an appliance that emulates network conditions for realistically testing applications in a laboratory environment. Simena will also have continuing products which will use the core software of NetworkEmulator to help its customers solve their challenging problems. The management team consists of personnel with years of experience in data communications, management and B2B marketing experience. Simena is seeking $2,000,000 to expand company's R&D, software development, operations and sales teams
Contact: Sezen Uysal // 703-981-5049 phone
e-mail: suysal@simena.net // URL: www.simena.net
September, 2003 Century Club Grubstake Breakfast Program ® Presenters Abrakadoodle Abrakadoodle is rapidly becoming a magical name for providing high-quality, educationally sound enrichment classes to children 2 l/2 to 12. The new company especially targets the preschool market for the more than 11 million children in the U.S. under age 5 in daycare. Abrakadoodle model art education program in Northern Virginia is expanding ahead of schedule at host sites including daycare centers, community centers and schools. Abrakadoodle plans to begin franchising nationally in 2004.
Founder Mary Rogers also co-founded Computertots that grew to the largest children computer program in the US and expanded to 11 countries. Using an enhanced model of her former company, a franchise distribution system and the physical space of existing education facilities, Abrakadoodle will minimize its initial investment, forecast at $1,000,000, and maximize its potential for rapid expansion and market penetration. In 2003, the company was selected for the Greater Reston Chamber of Commerce Incubator Program.
AC Technology, Inc. (ACT) is an experienced systems solutions provider specializing in Unix-based security infrastructures for Federal, intelligence, DoD, and commercial clients. In response to its clients. needs, ACT has developed BiObexTM, a powerful biometric fusion software product to provide advanced management of information access control. BiObexTM is a unique middleware system that supports best-of-breed 3rd party biometric input devices. It can accommodate differing security requirements across an organization while providing an open architecture and multiple integration points for enterprise systems. For facial pattern recognition, ACT offers a new 3D facial technology that provides far superior accuracy and speed over existing 2D products. ACT.s existing business relationships, contract vehicles, strategic partnerships, and channel strategy provide excellent opportunities for steady growth and revenues. ACT is seeking $2 million to support the deployment of BiObexTM and its leading-edge 3D facial recognition software into the expanding $600 million (50% AGR) biometrics market.
We develop and market software platforms for the use of wireless, mobile computing technology in instructor-led training and education. Our LearnTrac. and PocketClassroom. systems facilitate live interaction among instructors and trainees, and on-going assessment of learning progress with instant data collection, scoring, analysis and reporting. We improve the effectiveness of instruction, and significantly cut instructors. administrative burdens and costs. Our software operates on all leading mobile computing platforms and wireless protocols, providing powerful, portable technology at a fraction of the cost of alternatives. We serve large markets.governments, professional training, higher education and K-12.that are rapidly adopting wireless, mobile computing solutions. We have marketing partnerships with Palm, HP, and Microsoft, and our software will be bundled with a major manufacturer starting in late 2003. We are deployed in 15 sites and have sold more than $400K since inception in 2001.
ETHOS Biomedical, LLC is a medical device company in Blacksburg, VA with a focus on the surgical manipulation of fat. ETHOS' proprietary products are designed for two large, growing, and underserved markets. Our first product is a disposable lipoplasty instrument platform for the cosmetic surgery market. Our secondary products are disposable fat grafting instruments intended for both cosmetic and therapeutic markets. The customers for our products are 14,000 domestic cosmetic surgeons who performed over 650,000 liposuction procedures and 130,000 fat graft procedures in 2002. Liposuction has experienced a five-year growth rate of 118% from 1997 to 2002. The lipoplasty market value exceeds $107 million and fat grafting exceeds $13.2 billion. ETHOS will be first to market with disposable kits for these underserved niche markets. ETHOS has working prototypes and manufacturing estimates for our proprietary products. Our financial model indicates we can become cash-positive within 18 months of closing.
Small to mid-sized enterprises (SME) in manufacturing must solve the same design and manufacturing problems as large integrated manufacturers. Lacking the resources to implement high-end Product Data Management (PDM) and Enterprise Resource Planning (ERP) solutions, these businesses often resort to manual and error prone solutions. Polygon Software (Polygon) has developed PolyPM, the first product that combines PDM and ERP into a single solution for SMEs. Polygon has succeeded in dramatically lowing the implementation costs of these systems through the development of unique technology called The ERP Engine. A key component of The ERP Engine is a software program that actually writes new software programs based on user-defined database relationships. Polygon plans to establish strategic relationships with third parties who will use PolyPM.s ERP Engine as the basis for developing additional products for multiple manufacturing markets and distribute through an international network of value-added-resellers.
June 5, 2003 Century Club Grubstake Breakfast Program ® Presenters buySAFE, Inc.buySAFE is an online services company that eliminates risk in online auction and eCommerce transactions. The buySAFE solution (i) protects buyers from loss, leaving them feeling safe and secure; (ii) provides credibility for sellers, leading to increased bid prices and profit margins; and (iii) attracts new risk-averse buyers to online auctions, leading to greater marketplace liquidity. buySAFE enables its target customers, small to medium-sized online retailers, to provide their buyers a specialized performance guarantee, thus completely protecting buyers from transaction risk.
buySAFE enjoys strategic partnerships with a major U.S. insurance company and a large insurance brokerage firm. The insurance partners provide the regulated performance guarantees and the trusted brand, while buySAFE leverages its unique expertise and technology platform to provide the marketing, underwriting, distribution and claims services. buySAFE has been seed funded by its founders for 18 months and is closing a significant financing round led by its strategic partners. The company is seeking $500,000 for marketing and infrastructure build-out.
Contact: Jeff Grass, CEO // 310-795-3217 phone
e-mail: jeff@buysafe.com // URL: www.buysafe.com
Cell Block Technologies Cell Block Technologies Inc. builds products that allow customers to block unwanted wireless communications in restricted areas. For government security the company also provides surveillance capabilities. First implementation of the patent-pending technology is for Cell Phones. The second implementation will be for WiFi (802.11 Wireless Networking). Others will be developed later. Proof-Of-Concept was completed in 2003. Venture capital will bring the full product to market in Q1 of 2004. A further round may be necessary in 2004 to bring the company to cash flow profitability in 2005. The only competitive blocking technology is “jamming”, which is extremely invasive and may include health hazards, such as to people with pacemakers. Five-year revenue forecasts are $220M. Initial markets are for Prisons, Gas Stations, and Religious Institutions, primarily centered around the Middle East and Asia. Government security applications will be for Embassies where GSM is the protocol of choice. The company seeks $500K to complete a GSM working prototype and early product shipments.
Contact: J. David Derosier, CEO // 508-280-8080 phone
e-mail: Jdavid@Cell-Block-R.com // URL: www.Cell-Block-R.com
Elcare Innovations, Inc. Elcare is a pre-revenue medical device company which is privately held and will establish its corporate headquarters once initial funding is secured. Elcare's Founder and President, Dr. Elroy Cantrell, is a practicing emergency room physician who has developed several products in response to a recognized need for improved emergency rescue devices. Elcare intends to design, patent, develop and market these devices to medical professionals and the general public. The first Elcare device to be cleared for marketing by the FDA is a CPR-assist device that will ultimately be as common in homes as a fire extinguisher or smoke detector. Research shows a $2.8 billion U.S. market potential for CPR-assist devices. Financial projections based on domestic sales of Elcare's first two CPR devices show a positive cash flow in Year 3, with revenue of $103M in Year 5. Elcare is seeking $1M equity for product development, clinical trials, and tool-up for manufacturing.
Contact: Melissa K. Waugh, Esq., COO //703-922-0259 phone
e-mail: mwaugh@elcareinnovations.com // URL: www.elcareinnovations.com
BTC Company provides fully developed enterprise life cycle management solutions. These ERP solutions provide a real time view into mobile and fixed asset management and operations. The software allows management instant access to the data, reporting and operational information necessary to evaluate asset, vehicle and personnel performance while maintaining complete auditable records of sales, costs and revenues. Fully integrated and modular in design, BTC’s ERP Software allows any global vehicular (land sea and air) operation to schedule, operate, invoice, electronically track, allocate, dispatch, schedule maintenance, measure costs, track employee hours and rates, and transfer this data to financial systems in a seamless manner. The ERP Solution is designed to receive electronic data (wireless or land line) from external sources (sales offices, fuel card providers, suppliers and maintenance providers and others). This integrated suite of software tools allows the customer to review efficiency and effectiveness of operations at any level within the corporation and to make immediate corrections to any abnormalities affecting the profitability of the operation. With the current “High Security Alert” environment, the system also provides positive identification of drivers and others accessing and utilizing these valuable and strategic assets as well as offices and locations. The company is seeking $1M to fund increased product sales, office and market expansion.
Contact: Thomas Lennox, President // 703-569-9005 phone
e-mail: tlennox@btc-holdings.com // URL: www.btc-holdings.com
February 20, 2003 Century Club Grubstake Breakfast Program® Presenters
Gigamedia Access CorporationGigamedia Access Corporation (“GMA”) enables users to build trusted communities for exchanging high-value business content by incorporating Microsoft’s Windows Rights Management technology to digitally secure content. GMA’s communities span businesses and third-party partners by integrating authentication techniques across the Internet. Members of a GMA community can securely share files and Outlook folders as well as connect through a secure channel to provide trusted communication services among community members. GMA’s market strategy leverages a strategic partnership with Microsoft which provides for a federal government pilot program. With Microsoft’s assistance, GMA will enroll 8-10 enterprise customers, a systems integrator, a hosting provider and a wireless carrier by June 2003. Following Microsoft’s press announcements in June, GMA will co-market a community server product for $100/seat though system integrators and sell hosted community accounts for $15/month through hosting providers and wireless carriers. GMA plans to grow the trusted community to include two million members in three years, making GMA the dominant provider of trusted content security services while gaining a share of the $100 billion content security market. Gigamedia is seeking $1,000,000 for engineering, development sales and marketing.
Contact: Douglas Johnson, VP Marketing; (703)467-3740 ph; (703)689-4957 fax
Email: djohnson@gigamediaaccess.com // URL: www.gigamediaaccess.com
Internet Energy Systems, Inc.Internet Energy Systems’ (IES) hardware and software products provide significant return on investment to utilities and large energy consumers in the form of energy cost reduction and increased operational efficiencies. For utilities, IES products combine energy management, distributed generation, substation automation, and even click-of-the-mouse meter reading into a single system. For large energy consumers and deregulated energy suppliers, IES’ offering provides up-to-the-minute usage information to plant managers, corporate energy managers, and energy traders. IES is already generating sales to utilities and is seeking funds to execute a sales strategy targeted towards large energy consumers and deregulated energy suppliers. Internet Energy is seeking $1 million in equity for sales and production.
Contact: David Enga, President, Founder & CEO; (703)390-5800 x104 ph; (703)390-5802 fax
Email: denga@internetenergysystems.com // URL: www.internetenergysystems.com
LinkSpot NetworksLinkSpot, began operations in February 2002, and now is the leading provider of high-speed wireless Internet access for guests at recreational vehicle parks and campgrounds. Because of limited alternatives available, LinkSpot service is rapidly becoming a need-to-have vs. a nice-to-have amenity within the 16,000+ campgrounds in this market. This $0.5B opportunity provides an environment with limited churn for both RV parks and users, and the ability for a first mover to establish a virtual monopoly within this market space. The value proposition is that park owners can make parks more appealing resulting in higher occupancy. Also rates provide an additional amenity = justification for higher-priced premium sites/cabins access an additional revenue source guests can: Pay a small fee to access the Internet from the privacy of their RVs plan their travel stay in contact with friends, family, and work LinkSpot, has assembled a first class management team, and has been generating revenue since June 2002. The company is seeking $600,000 to deploy parks already under long-term exclusive contracts, as well as to expand operations.
Contact: Alan S. Kobran, President & CEO; (703)327-8718 ph; (703)327-5849 fax
Email: akobran@linkspot.com // URL: www.linkspot.com
MicroBanx Systems LLCMicroBanx is an internet business service provider (iBSP) serving microfinance institutions, small banks and cooperatives (collectively, MFI’s) worldwide. MicroBanx combines superbly architected, award winning banking software with modern communications infrastructure to deliver powerful, subscription based information processing solutions. MicroBanx won the competitive Inter-America Development Bank’s IDB 2002 contest for innovation in microfinance, and—as a result of this victory—will receive a grant of $745, 000 from the IDB in 2003. Through the company’s founding partner relationship with MACOSA, a renowned international software company and winner of Microsoft’s coveted “Award of Excellence,” MicroBanx has an exclusive license to provide their Cooperative Open Banking Information Systems (COBSIS) to MFIs. COBIS has been installed in some 70 banks in 12 Latin American Countries . In 2001, MicroBanx raised $225,000 in seed capital. The company currently is $230,000 to complete a $750,000 round of investment capital to finish transition from a pilot phase to commercial status.
Contact: Thomas E. McCabe, President & CEO; (703)216-9519 ph
Email: tmccabe@microbanx.com // URL: www.microbanx.com
Omnia BiologicsOmnia Biologics is a highly experienced team of scientists and biotechnology professionals developing biodefense and vaccine products. Demand greatly exceeds supply in this marketplace and is certain to expand under Project BioShield – a $6 billion initiative. Talent and experience are the limiting resources. We possess methods for cGMP manufacture of biologics, handling of infectious materials, and clean room design and operation. We also are experienced in the regulatory aspects of biological agents designed for human use. Omnia has the capability to penetrate this market with 70 years of combined experience developing biological agents and regulatory processes. Omnia is investigating innovative technologies and candidates that increase the safety and efficacy of vaccines while decreasing toxicity and cost. Omnia hopes to leverage our manufacturing and regulatory expertise to commercialize our own therapeutics into a market expected to grow to $12 billion by 2008. The company is seeking $1,000,000 for process development activities and leasehold improvements.
Contact: Louis J. Cantolupo, CEO; (240)472-5579 ph; (425)675-8222 fax
Email: lcantolupo@omnibiologics.com // URL: www.omniabiologics.com
October 30, 2002 Century Club Grubstake Breakfast Program® PresentersAdvanced Radio Corporation
ARC has developed the FIRST direct digital synthesizer (DDS) that fulfills the current performance void created by existing analog based architectures in both Commercial and Defense applications. This traditional analog approach has hit a performance ceiling, such that required system performance levels cannot be achieved. ARC's direct digital synthesizer provides a REVOLUTIONARY approach to signal generation, which enables existing Commercial and Defense systems to achieve the required increased levels of performance in today's wireless communication environment. The company is seeking $1M to fund working capital and capital expenditures.
Contact: Chris Martins, VP, Sales
Ph. (703) 435-5900; Fx. (703) 435-1110
Email: cmartins@advradio.com
Qovia, Inc.
Qovia is a leading pioneer in the IP communications systems management market. Its mission is to empower administrative and IT departments of small/medium businesses to simply, efficiently, and reliably manage their IP-Telephony systems and network infrastructure. Traditional telecom systems management tools do not adequately support these businesses' new, software-centric IP-PBX infrastructures. Qovia's products meet this unfulfilled need, dramatically increasing the quality, reliability, and stability of IP communications service. The company's flagship product, Qovia Communications Manager (CM) 4000, significantly eases administration, monitoring and maintenance of the IP-PBX, protects data assets, and increases productivity of IT resources. Qovia's IP is unique and patentable. Qovia has signed agreements with two beta customers and two beta channel partners. The beta product will launch Q4 2002; the commercial product will launch Q1 2003. The company addresses the large, underserved base of IP-PBXs ($1.75B.), projected to grow to $4.2B by 2006. Qovia's management has 60+ years experience delivering software/hardware products and has worked together in numerous startup and corporate environments. The management team is Richard Tworek, Founder/CEO; Choon Shim, Founder/VP Engineering, and Margaret Sheridan, VP Marketing. Qovia was founded in June 2002 in Monrovia, MD. Qovia is seeking $500,000 in equity for product development, channel development, marketing/sales.
Contact: Richard Tworek, President, CEO
Ph. (240) 876-2131; Fx. (240) 358-0787
Email: Richard@qovia.com
Reactive Systems, Inc.
Reactive Systems, Inc. (www.reactive-systems.com) is a leading producer of innovative design tools for embedded software. The company's signature Reactis(tm) products automate the testing and validation of such software, which controls applications as diverse as anti-lock braking systems, missile-guidance systems, cardiac pacemakers, and cell phones. Reactis helps companies reduce their embedded-software-related costs by up to 50%. RSI released the first version of Reactis in June 2002 and has already realized sales to several major automotive manufacturers and suppliers. A recent report commissioned by a major automotive company calls Reactis the "best model-based testing tool on the market." The company's sales efforts are also targeting aerospace, medical-device and telecommunications firms. Founded in 1999, RSI is headquartered in Falls Church, VA and has won Small Business Innovation Research grants from the National Science Foundation. The company is commercializing patented and patent-pending research from Stony Brook University and the Naval Research Laboratory. The company is seeking $500,000 in equity for further product development, sales and marketing.
Contact: Rance Cleaveland, CEO, Founder
Ph. (703) 534-6458; Fx. (703) 637-7101
Email: cleaveland@reactive-systems.com
Softmatic, Inc.
In the aftermath of the bombing of the Murrah Federal Building in Oklahoma City, Softmatic, Inc., developed ARMOR - a facilities security management software solution - to help large organizations safeguard lives, secure buildings, manage assets, prevent business disruptions, and reduce risk of lost weapons and other key assets. In use by one of the largest police organizations in the country, ARMOR helps manage some 10,000 facilities, tens of thousands of countermeasures, more than a hundred thousand guards and all of the weapons and ammunition they carry, and more than a million employees and daily visitors. Founded in 1994, Softmatic has developed some marquee clients, expects to earn $1.8 million revenue this year, and is profitable. Management seeks outside investment to accelerate marketing and sales initiatives to take advantage of current market needs and increased security budgets. Target markets include: government (Homeland Security), transportation, energy, chemicals, pharmaceutical, and entertainment. Softmatic is seeking $1M equity in order to round out the company's management team and for sales and marketing.
Contact: Shaf Mohebbi, VO, Operations
Ph. (703) 242-1515 x. 103; Fx. (703) 242-3543
Email: smohebbi@softmatic.com
Zeera Networks
Zeera Networks breaks through the cost and complexity barrier that prevents the vast majority of companies from adopting network security solutions by creating a single, lower cost, multi-function security device that provides all the major elements of network security that currently exist as separate products in the marketplace. Tightly coupled with a proprietary, scaleable and easy-to-use management interface, Zeera's innovative solution eliminates customer frustrations, poor performance and high operational costs which result from trying to manage multiple security services and hardware devices across an enterprise network. The Zeera system generates up to a 5-times total-cost-of-ownership (TCO) savings for Enterprises in the $14+ billion enterprise security market and up to 30% revenue uplift at 85% gross profit margin for ISPs in the $3+ billion managed security services provider (MSSP) space. The company shipped its 1.0 commercial product in Sep 2002 to 3 trial customers. The company is seeking $500,000-$1M for use in sales, marketing, rounding out management team and expand feature set.
Contact: Chris Carlson, CEO, Founder
Ph. (571) 203-7079; Fx. (571) 203-7078
Email: chris@zeera.net
July 25, 2002 Century Club Grubstake Breakfast Program® PresentersData Quality Solutions
Funding Sought:
$1M primarily to expand the company's development staff and IT infrastructure.Description:
Data Quality Solutions (DQS) was founded to provide solutions that will enable organizations to prevent their employees, business partners and vendors from entering erroneous data into their operational and marketing systems. In March 2002, DQS filed for a patent on our Enterprise System for Managing Data Quality. DQS believes that this System is a major leap forward in technology since it allows organizations to easily establish data quality processes for each data source as well as to monitor and report on the performance of each individual involved with data quality to all levels of operational and executive management.Best Alternative Contribution:
Trials with companies who have who have a large number of customer transactions and who have implemented ERP, CRM, etc. Shared office space, data quality experts and advocates.
Contact:
John Walsh, CEO; 301-424-9044p; 301-424-9045fx
email: john.walsh@dqs.us // URL: www.dqs.us
Imperium, Inc.
Funding Sought:
$1 million to fund further R&D, clinical studies, production setup, market introduction and general working capital.Description:
Imperium, Inc. was formed to advance the state of the art in ultrasound imaging. Filling specific needs in a variety of industries, Imperium's Digital Acoustic Video, or DAV, technology, is based on a novel patented semiconductor chip. This integrated circuit technology allows OEM's to expand the application of ultrasound systems into large new markets as well as providing better performing, lower cost systems into today's ultrasound imaging markets. Imperium has over 25 installations of DAV in medical, industrial, and machine vision settings. Imperium's marketing strategy for the $8 billion market opportunity is to become the "Intel" of ultrasound imaging systems. Imperium, Inc.Best Alternative Contribution:
The best alternative investments, which have been successfully secured, have included: funded development by corporate OEMs; sale of early prototype systems into the R&D market; and government contracts and grants.
Contact:
Bob Lasser, CEO, 301-431-2905p; 301-431-0200fx
Email: blasser@imoeriuminc.com // URL: www.imperiuminc.com
Karbon Systems
Funding Sought:
$1M to complete the development of Karbon 1.0 and for general working capital requirements.Description:
Karbon Systems is designing and developing proprietary applications and technology that includes the only application that exceeds Federal Government standards for the secure transmission of data over wireless networks. The company believes these funds will be sufficient to complete the product development phase and to deploy the product in government agency applications. Karbon also is leveraging its wireless experience to generate short-term revenues through the sale of wireless hardware and software. The company has negotiated competitive pricing with Cingular, and is able to sell products to our government clients through the GSA contract. Karbon Systems is applying for the National Institute of Standards and Technology Advanced Technology Program (NISTATP), and is approaching strategic partners in the Federal Contracting industry to share the development costs and distribute the product.Best Alternative Contribution:
Karbon Systems is aggressively pursuing alternate investment opportunities through customers, grants and partnerships.
Contact:
Robert Thacher, President & CEO; 757-223-5995p
Email: robert@karbonsystems.com // URL: www.karbonsystems.com
LiveCapsule, Inc.
Funding Sought:
$200,000 to $1,000,000 to use for business operations, to finish development and ship initial product, and for sales and marketing.Description:
LiveCapsule, Inc. is a software company with a pioneering relationship-enhancing technology. The technology creates branded graphic objects (or icons) containing specific web content that serve as a vehicle to extend the accessibility and utility of web information to the users desktop. With LiveCapsule technology, icons can be captured from a web site and placed on a customer's desktop where they become active, real-time sources for specific, relevant, up-to-the-minute information. For the first time Live Capsule enables businesses to create meaningful, ongoing, one-to-one relationships with potential customers, or prospects, that can remain anonymous.Best Alternative Contribution:
Corporate partnerships with strategic platform vendors such as RedHat, IBM, Corel and complementary application vendors such as Adobe, MacroMedia, etc.
Contact:
Bill Carpenter, CEO; 410-571-8259p; 410-266-0628fx
Email: bcarpenter@livecapsule.com // URL: www.livecapsule.com
Phoenix S&T, Inc.
Funding Sought:
$500,000 to commercialize the prototype and to establish a strategic partnership for distribution.Description:
Phoenix S&T, Inc. develops and sells plastic disposable nanoscale lab-on-a-chip devices that generate data with greatly improved specificity and sensitivity for protein sequencing, a sector of proteomics. These devices are compatible with existing robotic sample dispensing equipment and mass spectrometers. The products will be marketed with major vendors for these instruments such as Waters, Amersham etc. to ensure the seamless integration with customers' existing hardware. Our revenue will be through recurring stream and significant penetration (~15% in the fourth year) into the estimated 6 million devices/year market. Phoenix S&T, Inc. has completed all the prototypes and patent applications covering the core technology 30% under budget and two months ahead of schedule. Beta-testing with potential customers will begin in August. The first revenue is expected before the end of this year.Best Alternative Contribution:
Phoenix S&T is also actively seeking to form technology development partnerships with biotech and pharmaceutical companies.
Contact:
Sau Lan Tang Staats, President; 410-996-9735p; 410-996-9736fx
Email: saulan@phoenix-st.com
April 25, 2002 Century Club Grubstake Breakfast Program® PresentersAccelics
At least $1,500,000 per month is forfeited by Chemical and Pharmaceutical companies for each new product that is not introduced. This is the #1 issue for CEO's in these industries, because it now takes 5 to 15 years to introduce a new product. Accelics is a vertical market applications software provider that greatly improves a key area of R&D by as much as 200% and will radically change how R&D is done in these industries. Focusing on the most time consuming part of the overall commercialization process, Accelics provides a suite of software and associated implementation services called R&D Enterprise Management or REM™ solutions. These bridge the gap between product discovery and manufacturing by enabling development scientists to use their experimental data in models to predict a variety of important information about a chemical entity's commercial viability, including scaleup. Accelics is in the market and product development stage, has commitments for $2.0 Million in orders from a Fortune 10 chemical company and the US DOD, and has partnerships with IBM, UMBC, Johns Hopkins University. Accelics is seeking $800,000 to complete phase I development and market introduction.
Contact: Christopher Carnavos
410-455-5763 phone
email: chris.carnavos@accelics.com
URL: www.accelics.com
CaseNEX
CaseNEX derives its revenue stream by selling online courses, face-to-face training, and content development for K-12 educators across the nation. CaseNEX momentum builds upon fifteen years of research, six years of delivering content online, over $2 million in grants, and privatization from the University of Virginia in 2001. CaseNEX recently developed strong customer relationships with 4 of the 25 largest school districts in the U.S.; secured a contract with the largest association of elementary school principals; implemented a substantial marketing agreement with the gatekeeper association for the university market; and developed new courses which are sold and instructed by nationally recognized and highly connected education professors. School districts collectively spend over $10 billion annually on professional development, including $1.5 billion on external content providers, to service 75% of teachers (3.5 million total). Teachers participate in CaseNEX courses to enhance skills, maintain certification, and earn college credit. Casenex is seeking $750,000 dollars for marketing and sales.
Contact: Michael Pace
434-817-0726 phone
email: mpace@casenex.com
URL: www.casenex.com
Koolspan
Koolspan helps 802.11 (Wi-Fi)) users extend and enhance the functionality of Wireless Local Area Networks (WLANs) by providing SmartWiFi™, a platform of services and applications. Utilizing the Subscriber Identity Module (SIM) technology currently existing in 500 million GSM phones worldwide, SmartWiFi makes Wi-Fi networks safe and simple to use. Through its IQ-Key, a small device that plugs in the USB port on personal computers, laptops, PDA's (Personal Digital Assistants) and wireless access points, SmartWiFi provides user authentication, peer-to-peer instant messaging and enables transparent inter-network roaming. SmartWiFi is an open standards-based platform to support additional application development. Koolspan is seeking $965,000 for pre-production.
Contact: Jeff Mose
301-468-9434 phone
email: jmose@koolspan.net
URL: www.koolspan.net
Steele Technologies
Steele Technologies is developing its XtremeLens series of technologically advanced products and services that will have wide appeal in the motorsports and sports entertainment markets, and in the automotive safety monitoring and public safety arenas. The company's inaugural XtremeLens product (patent pending) allows the millions of automobile and motorsports enthusiasts who attend performance driving school programs to relive their personal racecar experience in an enhanced tri-media (audio, video and telemetry) interactive viewing and playback format. XtremeLens is a complete turnkey system that allows operators of auto racing and performance driving schools to offer their customers a unique product that is both educational and entertaining. Steele Technologies' royalty-based revenue sharing model provides these schools with new revenue streams requiring minimal capital outlay. Steele Technologies just signed its first XtremeLens sales contract with the Justin Bell GT Motorsports Experience. The company is seeking $1,000,000 to be used for additional product development, marketing and sales.
Contact: Robert Steele
703-267-6501 phone
email: rsteele@steeletechnologies.com
URL: www.steeletechnologies.com
The-Onecard
The-Onecard develops and markets Self-Authenticating Smart ID Cards and wireless handheld banking and financial assistants. The-Onecard's products and solutions provide a seamless platform that bridges advances in smartcard technology, biometrics, and wireless handheld devices with Mag-swipe, PoS, and ATM infrastructures. The-Onecard and its consortium partners provide a secure, affordable and customizable on board Self Authenticating Smart ID Card with Personal Banking Assistant (PBA) wireless handheld solution that reduces fraud and related transaction costs while preserving the current payments infrastructure, a business line's profitability, and consumer trust. Leveraging this innovative platform of co-existent technologies, the-Onecard costs less than the average annual fee charged by most credit card issuers and pays for itself during the first year of activity. The-Onecard is seeking $1 million to fund and launch its second generation ISO compliant Self Authenticating Smart ID Card and Personal Banking Assistant wireless handheld.
Contact: Michael Farah
703-583-0028 phone
email: mfarah@the-Onecard.com
URL: www.the-Onecard.com
January 24, 2002 Century Club Grubstake Breakfast Program® Presenters
InfoEther LLC
InfoEther LLC is a software startup focused on "Distributed Enterprise Application Integration." The InfoEther Context Engine (ICE) platform executes across PCs in the enterprise to integrate disparate supply chain, CRM and other legacy systems at a fraction of the cost and complexity of centralized EAI solutions. The Company's goal is to enable an individual's PC to both produce AND consume Web Services powered by the integrated corporate systems. This enables simplified, unique experiences to be delivered to each employee without the loss of privacy and cost of traditional personalization techniques. InfoEther LLC was founded in May 2001 by the former CTO and cofounder of Roku, a pioneering peer-to-peer software company. We are targeting major strategic partners to deliver solutions using the ICE platform. During 2001, InfoEther developed 70% of the ICE platform, sought "seed" investment and initiated discussions with major prospects including Intel, HP, AOL and 3Com.
Contact: Richard Kilmer, CEO
703-628-2470 mobile
email: rich@infoether.com
URL: www.infoether.com
JT Imaging
JT Imaging (JTI) develops powerful applications to manage, enrich, deliver and display large images on the Web. The applications are designed for maps, aerial and satellite photographs, medical images, paintings and any other images that don't fit on a computer screen.The software works because it makes image management and distribution over the Web quick and effective. We provide a turnkey solution that is easy to use, works fast on all types of connections, and requires no professional expertise to run and maintain.JTI's key markets are medical imaging, education and training and geographical imaging. However, the software has broad applicability across the spectrum of markets that use large or high-resolution images. Version 1.0 of the ViewSpan software was released in the spring of 2000. Located in Reston, Virginia, JTI has emerged as a leader in Web-based imaging technologies. JTI's applications are sold as a hosted service or as a licensed product. The Company is currently seeking $750,000 to be used to launch full scope sales efforts, additions to the executive team and ramp up operations.
Contact: Terry Morrow, President
703-435-6656 phone // 413-410-8067 fax
email: tmorrow@jtimaging.com
URL: www.jtimaging.com
Reactive NanoTechnologies
Reactive NanoTechnologies (RNT) has developed a revolutionary advance in materials joining that offers unique solutions to long-standing industrial problems. RNT's reactive joining process enables soldering or brazing of temperature-sensitive microelectronic components, as well as dissimilar materials such as metals and ceramics. RNT will enter the $50 billion industrial joining market by focusing on three particular applications where its process provides substantial technical and commercial advantages. These applications, which constitute a $1.4 billion market, include microelectronic packaging, metal/ceramic joining, and magnetic bearings for power systems. The technology is covered by three patents and four patent applications. Revenues are projected to grow to $138 million by 2009, with profitability expected in 2005 and positive cash flow in 2004. RNT is directed by its founders, Timothy P. Weihs, (CEO) and Omar M. Knio (VP R&D), and Caroline Worrall, CFA (COO/CFO). RNT is currently seeking $400K to cover early stage marketing and operating costs.
Contact: Tim Weihs, President/CEO
443-386-2412 phone // 410-327-4086 fax
email: tweihs@reactivenanotech.com
URL: www.reactivenanotech.com
Relatable, LLC
Relatable develops advanced content identification and personalization software for the digital entertainment industry. Relatable's first product, TRM, is a suite of advanced acoustic fingerprinting software that enables music service providers to identify digital music files based on acoustical properties - the type of information people actually hear. TRM is the only product proven to meet the performance requirements of music service providers, allowing them to pursue effective digital rights management and personalization strategies that attract and retain subscribers.Relatable's first customer, Napster, has licensed TRM to use in its forthcoming commercial service. TRM now is acknowledged by industry analysts to be the leading solution for the emerging market of music service providers, which the research firm IDC predicts will grow from $57.1 million in revenues in 2001 to $1.6 billion by 2005. Other target markets for TRM include radio airplay monitoring, IP-enabled digital music devices and defense and security applications. Relatable currently is seeking $1,000,000 to be used for product development, marketing and sales.
Contact: Jim Healy, VP, Marketing & Communications
703-212-4800 phone // 703-212-4900 fax
email: jhealy@relatable.com
URL: www.relatable.com
Re-Route Corporation
Re-Route Corporation provides e-mail forwarding and change of address notification for consumers switching Internet Service Providers (ISPs). Re-Route with ISPs to reduce the largest barrier to switching ISPs by allowing customers to effortlessly transition e-mail addresses. Re-Route's strategy is to market its service to the leading ISPs for inclusion into their customer acquisition programs. Re-Route is currently partnered with AOL, MSN, AT&T and other ISPs. Re-Route derives revenues from ISPs who provide the service to new customers when they switch from another ISP, as well as from individuals who choose to extend the service beyond the initial signup period. In 2002, Re-Route will expand into the corporate and government sectors with similar e-mail address management solutions. The Company curremtly is seeking $1,000,000 to be used for sales and marketing efforts, operations and continued product enhancements for future releases.
Contact: John Skowlund, President/COO
703-813-2111 phone // 703-813-1740 fax
email: john@re-route.com
URL: www.re-route.com
October 23, 2001 Century Club Grubstake Breakfast Program® Presenters
Hemodyne, Inc.
Hemodyne is a medical device company located in Virginia with breakthrough blood-related technologies that save lives, reduce cost of care and dramatically enhance quality of care. Its first product, a patented Platelet Analysis System, significantly advances the state of the art in the multi-billion dollar market for assessing platelet health and other sources of bleeding disorders. It is the only product in the world that measures both increased and decreased blood platelet activity as well as the quality of the clot formed. The significance of these measures:
- Low readings indicate risk for excessive bleeding.
- High readings correspond to disease states that may result in heart attack or stroke.
Its second product, the BioHemostat, is a patented, low-cost, flexible dressing used for treating puncture wounds. When inserted into the wound, BioHemostat absorbs the body's fluids, rapidly expands, and quickly stops bleeding (even high pressure arterial bleeding).
Contact: Regis Arnone
703-507-9334 phone
email: RegisA@Hemodyne.com
URL: www.hemodyne.com
MobileHelix
MobileHelix is a software infrastructure company with products that allow rapid development and deployment of enterprise-class mobile computing solutions. Mobilizing an enterprise means much more than extension of a website to hand held devices. Leading enterprises today demand access to their proprietary back office systems and applications over ANY mobile device, across ANY wireless network, in a secure and reliable manner. MobileHelix has developed products based on J2EE and XML standards that make this possible. Our Intelligent Mobile Integration (IMI) platform interacts with disparate back-office systems and allows users access to their entire enterprise from mobile devices, rather than to discrete applications. In addition, the Universal Sync Server (USS) allows user-interaction with mobile devices even when there is no wireless coverage. Solutions built around our products allow enterprises to improve productivity, reduce time to market, and create new revenue channels, without impacting their existing operational systems. For more information, visit (www.mobilehelix.com).
Contact: Yogesh Khanna
703-488-9600 phone
email: ykhanna@mobilehelix.com
URL: www.mobilehelix.com
NeoKinetic Systems Inc.
NeoKinetic Systems Inc. provides the industry's only comprehensive server-side solution to the online syndication of web-based applications, thereby allowing customers to avoid the heavy lifting associated with today's syndication methods. NeoKinetic Resonance, NeoKinetic's flagship product,enables customers to leverage both application and brand to multiple alliance channels with faster speed to market, more cost effective results and minimal technology intrusions. Based in Herndon, Virginia, NeoKinetic Systems Inc. currently implements its e-business solution to a Fortune 50 customer and perennial leader in the financial services industry.
Contact: Ken Eshenbaugh
703-788-6800 phone
email: keshenbaugh@neokinetic.com
URL: www.neokinetic.com
Paestum Networks
Paestum Networks was founded to develop an underlying technology for securely and cost effectively "powering" future generations of wireless network connectivity products and applications. The company is creating a portfolio of valuable Intellectual Property (IP) in the form of proprietary software and hardware reference designs that it markets with its engineering services to leading networking, PC, and security product vendors in the rapidly growing Wireless Local Area Networking (WLAN) industry. Our product designs enable customers to rapidly develop advanced, feature rich WLAN connectivity products such as network access points and client-side network interface cards while reducing manufacturing costs. Paestum's solutions are made possible by a recently released, next generation Digital Signal Processor (DSP) from Texas Instruments that is powerful enough to support the processing of advanced security algorithms and enable real-time, simultaneous support for multiple WLAN standards.
Contact: Kevin Hoisington
703-971-2554 phone
email: kevinh@paestumnetworks.com
URL: www.paestumnetworks.com
Plethora Technology
Plethora Technology™ offers unparalleled ease of use and productivity in secure distributed business computing for the dispersed workforce. Plethora has developed the Secure Virtual Workspace™, a software product that transparently establishes a framework of secure encrypt