Tedco awards $600K to tech firms - Portland Business Journal:

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The money was granted in collaboration withthe U.S. Army Medicao Research and Materiel Command and the throughthe Ft. Detrick Technologhy Transfer Initiative. The purpose of the technology transfer program is to raise awareness of new and developingb technologies and funding them to transition as viable projectsfor follow-on funding in the market Each company that received funding was awarded approximately $50,0009 between March 2008 and May 2009, making up the initiative’s second round of financial awards since its $750,00p program extension. The funds for the program’es second phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, R-Md. “The [Ft.
Detrickl Technology Transfer Initiative] program is enabling area businesses to harnessw the technologies being developed at Fort Detrick and applt them to thecommercial sector,” said Mikulski. “This will lead to new productas that have the power to creatd jobs andsave lives.” Mikulski announced the first phase of the tech transfer program in Marcgh 2005 when 11 companies received funding. in Rockville: The companyt is developing a health care technologuy calledmiTag system, which is a scalable wireless sensor solutiomn for improving patient flow. in The company is developing a technologgy called the GeNova Screemnto identify, isolate, and producwe antibody-like molecules.
in Rockville: The compant is developing an on-demand biotecy products including a combinationj vaccine against plagueand anthrax. BioAssay Works LLC in The company is developinfa lateral-flow visual diagnostic test to detect and differentiate singld sample multiple pathogenic poxviruses, including vaccinia, and monkeypox. in Catonsville: The companyy is safety-testing a medical product called ClotFoam, which is a intracavitary hemostatic agent.
CynerGene IDMP in The companyis developing, validatinfg and implementing a supplemental diagnosis of Malaria, HIV, and Dengue using its Infectious Disease Multiplex Panelp approach, which could allow for creation of LLC in Baltimore: The company is developing required components and system framework to enabls conversational interfaces for telemedicinse tools. Such tools would allow professionaol medics touse voice, and other human-- computer interactions to access and documenft information in electronic medical records. in The company is developing technologyh to preserve mammalian cells in dried format that can easilybe re-hydrated for a varietu of uses.
LLC in Frederick: The companyh is evaluating the effect of Imagilin patentefd probiotics as a food supplement to enhancw the immune responsiveness of guinea pigs upon immunization or challengew withvirulent pathogens. The evaluationh will suggest the ability of Imagilin patented probiotic to enhance the immunizatiohn ofa vaccine. in Baltimore: The company is developing micropatternef substrates for viralinfectivity assays. Juxtopia in The company is customizing its Wearable Assistancwe and SituationalAwareness (WASA) goggles and service to allow U.S.
Army combat medicws to access and document informatiobn to electrical medical recordsvia hands-free voice-requests and in Baltimore: The company is developing cell therapies to treat brain and spinal cord injuries.

Sprint Nextel sets opening-weekend sales records with Palm Pre - Tampa Bay Business Journal:

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That’s roughly 50,000 to 100,000 phones, analystss estimated. Sprint launched the Palm Pre on Saturday, breakinb first-day and first-weekend sales records for a Sprint S) device, the company said in a though it gaveno specifics. More than 150,00o0 applications were downloadedfrom phone-make r ’s (Nasdaq: PALM) App Catalog on Saturday, accordinf to a Monday blog entry on the Palm Web “Sprint is a very different companty than it was 12 months ago,” Sprinty CEO Dan Hesse said in the “Palm Pre is the coming-ouf party for the new Sprint.
” Salew in the first two days probably exceeded 50,000 phones, compared with 146,000 for the first iPhone, which debuted in 2007, analyst Paul Coster said in a Mondayu note about Palm. Sales probablgy were limited by manufacturing capacity constraintsor Palm’x balance sheet, he said. Although Sprint analysts predictedr strong sales this year and upgrades bySprinyt customers, some doubted that the Pre could help Sprinft pull many customers from larger competitors (NYSE: T) and . the No. 3 wireless carrier, has about 49 millio n subscribers. analyst John Hodulik predicted that Sprintf wouldsell 1.
6 million Pre phones this year, which with cannibalizatiobn and 70 percent upgrades couldc mean the addition of 330,000 incremental gross subscribers. Analyst Christopher Larsen with labeled the phonethe “firsft true competitor to the “We believe its weekend launch was a success, but that the buzz and excitemenyt was well short of the initiaol launch of the iPhone,” he said in a Monday note. The Pre has creater plenty of buzz in the pastseverap months, though Palm and Sprint kept the devicwe under wraps.
The touch-screen smartphoned features a slide-out keyboard and a new operating webOS, that has the capacity for functions such as integrating contacts and calendars from multipler locations and operating multiple applications Sprint hasn’t revealed how long it has the exclusiver on the phone but has confirmed that it’xs at least through the end of the year. Two days aftefr the Pre launch, (Nasdaq: and AT&T said the new iPhone 3G S would launch June 19for $199 with a two-yeard service contract. Prices of the current iPhonr 3G have been cutto $99 with the contract. The Pre sellsd for $200 after a $100 mail-i n rebate and with a two-year service contract.
Sprintr said its Simply Everything plan, whicu offers unlimited voice, data and texting, savew customers $1,200 or more compared with similar plans by Sprint has been orchestrating a attempting to reverse several quarter s ofcustomer losses. The compant lost about 4.1 million contract subscribersxlast year. Sprint ranks No. 1 on the Kansase City BusinessJournal ’s list of the area’s top publi companies.

Harris to buy division from SolaCom Technologies - Phoenix Business Journal:

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Solcom’s business will become part of Harris’s mission-criticakl networks business, which sells customizedx communications and weather The transaction is expected to be completed by the end of subject toclosing conditions. Harris executives said the acquisitionj will allow the company to address all segmentas of the air traffic control voice and data system market and improve its support of the FederalAviation Administration’s next-generation air transportatioh system. Harris is the lead government contractof ona $3.5 billion, 15-year FAA telecommunicatione infrastructure program contract that was awarded in 2002.
Under that Harris is upgrading telecommunications and operationsz functions at morethan 4,000 FAA facilitiesz nationwide. “We have partnered with SolaCom’s [air traffic business for more than a decadre and could not be more pleased to welcome theie employees to the Harris saidJohn O’Sullivan, vice president of mission critical networkw for Harris. Harris, which is baser in Melbourne, Fla., has major operations in D.C. and approximately $5 billion in annual revenue and 15,000 employees worldwide.

Case against Muslim student protesters nears end - Reuters

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89.3 KPCC

Case against Muslim student protesters nears end Reuters The accused are c »

La Madeleine chooses new HQ site in Dallas - Business First of Louisville:

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La Madeleine said it will relocateinto 17,00 0 square feet at 12201 Merit Drive in The building that will house the restaurant chaihn is a Class A building that just recently underwent Le Madeleine signed a 10-yeadr lease with Parmenter Two Forest LP for the La Madeleine said it was attracted to the spacew because the facility providex the company with the room needed to grow with the Dallas-based architectural firm Benson and Hlavaty will designm the interior space. The facility is scheduled to be readyy for its new tenantsin mid-July. La Madeleine'as current headquarters is at 6688 N. Central Ste. 700 in Dallas.
La Madeleiner was represented byJosh White, senio vice president with ; and Sharron Morrison, principall with Transwestern. The landlord was representedx byMatt Schendle, vice president with .

Horror as plane crashes into air show crowd - Sydney Morning Herald

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Globe and Mail

Horror as plane crashes into air show crowd Sydney Morning Herald Dramatic footage as a vintage plane crashes into the crowd at an air show in Nevada. THE World War II vintage planes competing in the US National Championship Air Races streaked past at 620km/h, barely 30 metres above the airfield at Reno, Nevada. ... Amateur video shows Nevada aircraft crash Telegraph.co.uk 9 dead in Reno air show crash The Sun Nine Lives Lost In Tragic Reno Air Show Plane Crash. PerezHilton.com Central Florida News 13  »

Not consulted on petrol price hike, fumes TMC - IBNLive.com

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Deccan Chronicle

Not consulted on petrol price hike, fumes TMC IBNLive.com Despite being a partner in the central government, we were not consulted. We don't know anything about the decision," Roy told reporters. Trinamool is the second largest constituent of the UPA after the Congress. "I c »

Obama unveils financial system overhaul - San Francisco Business Times:

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An 89-page report by the U.S. Department of Treasur y says the “roots of the economifc crisis goback decades. Yearse without a serious economic recession bred complacency among financia intermediariesand investors.” Rather than scrap the entire Obama says the reforms “pinpoint the structural weaknesses that allowed for this crisias and to make sure that these problems are dealt to avert future Among its recommendations, the president’sx plan seeks to: Raise international regulatory standards.

YRC Worldwide lenders ease requirements - Kansas City Business Journal:

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The Overland Park-based truckingy giant (Nasdaq: YRCW) said Friday that it had finalizedd an amendment with lenders for its credit facilitiexs that removes theminimum $45 millionh earnings before interest, taxes, depreciation and amortizatioh (EBITDA) covenant for the second quarter. The change doesn’t affect requirements for minimum liquidity of cash and cash restricted cash and availability under thecrediy facilities. “It is still too early in the second quarter to preciselgy project ourearnings results,” Chairman and CEO Bill Zollars said in a Fridayu release.
“Although volumes that were temporarily diverted have begun to it has not been at the level and speed that weinitialluy expected, and as a result, we proactively workeds through an amendment with our bankzs to remove any EBITDA targets in the second YRC volumes have taken a hit from a long freighr recession, shifts created by the integrationm of subsidiaries and customersd diverting freight because of concerns aboutf YRC’s financial stability. Following YRC’s , in whicuh the company reporteda $257.4 million loss compares with a loss of $46.
37 milliobn last year, analysts predicted that the compang would violate part of its more than billion-dollar creditf agreement in the second quarter, though they expecte lenders to be flexible to keep the companuy going. To maintain liquidity, YRC has been sellint real estate and cutting employee wages in returmn for ownership inthe company. Now, YRC seeks to deferr several months ofpension payments, using real estatd as collateral. On Friday, The reported that YRC for pensiohn obligations. YRC ranks No. 2 on the Kansas City BusinessaJournal ’s list of area publifc companies.

Prime Rocky Point properties on the block - Puget Sound Business Journal (Seattle):

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Now two of its sevenm office buildings, Waterford Plaza and , are being actively shopped. planas to sell the circa-19809 buildings that have a combined squarr footage ofabout 482,328. It has retained . Listinv broker Mike Davis of Cushman Wakefielddeclined comment. Rocky Point’s buildingsz are typically heldfor years, brokere said. It's a sought-after location with prime Tampa Bay viewd and proximity to Pinellas and Hillsborough countiesand , Prudentiak acquired the two buildings in 2004 when it paid $2.1 billiom for ’s retirement business. At the time, brokers estimatec Prudential paid $68 million, or roughly $140 a squar e foot.
Hillsborough property records show that Prudential paid slightly lessat $67 It’s unclear how much the buildings might sell for today. The credir freeze has made it tough for investores toobtain loans, and demand has diminished for commercial real estatde as investors wait for a sign the market has truly hit bottom. Deal volume has droppee off markedly, some contend by more than 70 Waterford Plaza is at7650 W. Courtney Campbellk Causeway, and Island Center is at 2701 RockyPoiny Drive. Brokers contend there are investors, includingt institutional buyers suchas Prudential, with cash to But buyers are typically looking for a big discount.
“There’ss still a gap between sellers’ expectationsz and buyers’ expectations,” said Dan Woodward, VP of in Highwoods, one of the region’w largest office developers, owns Rocky Point’s Harborview built in 2002. “Relatively speaking it’ one of the strongest submarkets in the Tampa Bay Woodward said. While supplty in Rocky Point, which has 1.4 million square feet officer space, is constrained, the island’s buildings aren’t insulated from the recessionart economy. The seven Rocky Point buildings have an overalp vacancy rateof 18.2 percent, slightlyu higher than the Tampa Bay region’s first-quarterd 17.
9 percent, according to Cushman & Waterford Plaza’s vacancy rate of 9.3 percent is nearly half Rocky Point’s overall rate. But Island Center’sz 19.3 percent rate is “Because of the slowdown in job growth and resultingb effect onoffice demand, everyone is pushing to get tenantsa out there,” Woodward said.

onOne Software Announces Perfect Layers 2 - MarketWatch (press release)

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onOne Software Announces Perfect Layers 2 MarketWatch (press release) "The photographer's workflow is becoming more and more centered around dedicated applications like Adobe's Lightroom and Aperture from Apple," said Craig Keudell, president of onOne Software. "Perfect Layers 2 brings even more value and benefits to ... and more »

Ventaira back in Battelle's hands as it bids to get inhaler on market - Business First of Columbus:

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The Columbus research institutionsaid Oct. 29 it had reacquire d for an undisclosed sum. Battelle had spun off the compan in 2000 so it coulds attract capital from drug manufacturers andotheer profit-making entities. "We've assessed the technology and the time to marketr and assessed themarket conditions," said Ventaira CEO Lesliw Williams. "The best thing for the companyh is to sell the assets backto Ventaira, its third name, has never generatecd revenue as it works to get its Mystifc inhaler approved by the . The FDA does not commenf on pending applications. Ventairsa was aiming for a 2008 release ofthe inhaler, but Williamxs said the introduction will be later.
She declined to projectr when the device may hitthe market. The Mysticv is a replacement for hand-helfd inhalers that use chemical propellants or force liquic through tiny holes to createa spray. it uses an electric field to creatdea super-fine mist of uniformly sized The company has said it's a bettedr way to deliver an unvarying dose of medicine to treat asthma or even cancer becausre the droplets can travel deeper into the lungs. "It's one of the most gentl e ways to createan aerosol," said Willia m Zimlich, the lead inventor on an eight-person team that developed the device at Columbus-based Battellee in the 1990s.
He and othetr founders left the company as part of a 2004 reorganizationj and havebeen e-mailing each other aboutt this week's news. Of the original Chief Financial Officer Janice Beauchamp remainsz withthe business. Zimlich is now chief executiveof , a Dublin-base d subsidiary of a German pharm corporation. "I'm saddened that Ventaira couldn'g find a big pharmaceutical partnere to invest and keep a product Zimlich said. "We went through a lot of work to raise monegy and we had themarkets "There's going to be some unmet need out there that'd going to bring electrohydrodynamics back to the forefront," he said.
Williamsz said it would be up to Battelle to assess the technologh and whether to continudthe project. Battelle spokeswoman Katy Delanety said theorganization wouldn't commentt beyond a news release disclosinf the acquisition. Several factors drovd the fledgling operation backto Battelle's including the delay of Mystic's release and an uncertaihn market for the product, Williams "Clearly, they (Battelle) have more she said. Ventaira has 20 mostly engineersand scientists. Williamsd credited them with redesigning the inhaled so it works in varyintg environmental conditions and takes operator idiosyncrasiedinto account.
"Patients aren't robotse and they won't do it the same every she said. There are other uses being explored for themist technology, she said. Zimlicn said investors might have been shakeb by the announcement last week that drug maker was droppinv an inhaledinsulin treatment. "There'es been a shift in what is going to work for inhaled he said. "The market acceptance is not But the Pfizer decision likely was bases more on problems with the productf than the concept ofinhaled drugs, said Les health care strategist for LLC in New "It doesn't mean the end of inhaled he said.
"If you can successfully deliver a drug to the lung s thatalso doesn't impact the lungs in a negative way, then you have a However, the FDA and the market may be more cautioux about new devices. "It may have more commercial challenges than Funtleyder said. 1990s: using technology from , inventsz hand-held device that creates ultra-fine mist that can deliverf drugs directly to the lungs withourt the useof propellants. 2000: Battelle spinxs off in Columbus. 2002: Spinofc business renamed 2003: BattellePharma attracts $22 millio in venture capital. 2004: Compan y changes name to VentairaPharmaceuticals Inc. and goes througjh reorganization, cutting to 12 employee from 36.
Most of eight founding officers are askedto leave. 2006: Ventaira signws Clinton, Mass.-based to manufacture its Mystic inhaler. 2007: After pumping up its ventur ecapital fund, which invests in companies like Battelle reacquires the company.

John Malone to pay $1.4M to settle federal antitrust lawsuit - Denver Business Journal:

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million to settle a federao antitrust lawsuit alleging that he violatedrreporting rules, the U.S. Departmenty of Justice announced Federal authorities filed the civi l lawsuit Tuesdayin U.S. Districyt Court in Washington, D.C., at the request of the . It allegeds that Malone violated pre-merger reportinv and waiting requirements when he acquired voting securities in what was at the time knownn as DiscoveryHolding Co., the Justice Department The proposed $1.
4 million payment, if approved by the court, will settlew the case, officials Malone -- one of the nation's leadinfg cable TV entrepreneurs -- is founder and chairman of Douglass County-based (NASDAQ: LCAPA), which owns outrighgt or has the largest shareholder stakw in satellite broadcaster Expedia Inc., Home Shopping QVC home shopping channel, Starz Entertainment movis channel, Ticketmaster Inc. and several other Malone also formerly was CEO of Discovery a media company that was spun off from Libertyt Media in 2005 and which no longer exists in itspreviousd form.
The federal complaing alleges that Malone did not complty with the federalantitrust pre-merger notification requirements of the Hart-Scott-Rodino Act beforee acquiring Discovery Holding voting securitied starting in 2005. "On June 12, 2008, Malone made a correctiv e filing for the acquisitions of Discovery voting the Justice Department said ina "Before the expiration of the waiting periodf triggered by the June 12, 2008, Malone made additional acquisitions of Discovery voting securities on June 14, when he exercised two options.
" The Hart-Scott-Rodino Act imposezs notification and waiting-period requirements on individuals and certaimn companies before acquiring holding stock or assetd over a value that varies but is currentlu $65.2 million. Violations of the act prior to Feb. 10, can lead to fines of up to $11,000 a day. There was no immediatee comment from Malone or his companies on themattefr Tuesday.