Client News

2005 Highlights

Companies including Amperion, Inc. are looking at 2006 as the year that might turn their technology, which allows broadband data to run over power lines, into a viable industry. Since the FCC established parameters for broadband data to run over power lines, Amperion has kicked into high gear efforts to make its DSL and cable modem alternative a reality. Read more about Amperion and recent developments in broadband over power line technology in the December 19, 2005 issue of Mass High Tech.

Renesys Corp. of Manchester, NH has been monitoring daily routing, network security and traffic data on the Internet since January 2002, and has been providing selected, requested intelligence to government agencies, such as the US Department of Homeland Security, and the US Department of Defense. Beginning in December 2005, Renesys is taking its technology to the public sector, offering its Internet data as competitive business intelligence for service providers as a web-hosted software platform. Read more about Renesys Corp in the December 12, 2005 issue of Mass High Tech.

E Ink has partnered with Citizen Watch Co. to produce the world's first flexible clock, using an electronic paper display. This unique clock offers a thin, lightweight, fully flexible form, combined with substantially lower power consumption over traditional displays, through its use of E Ink Imaging Film. Read more online from E Ink and Citizens.

HomeLogic's OneHome entertainment and control system has been gaining popularity in the home technology and electronics industry as it offers extraordinary value in home automation by integrating control of home security, climate, lighting, audio/visual, phone, irrigation, internet and pool/spa into one easy-to-use system. The OneHome Theater won a 2005 Product of the Year Award from ElectronicHouse Magazine for being elegant, affordable and easy to use. The OneHome Control System was used to enhance the technological capacity of the 2005 HGTV Dream Home, which was billed as the most technologically advanced house ever built for the giveaway. The HomeLogic OneHome management and control system installed by IQ Home Systems linked the home's audio, video, HVAC, lighting, and security systems with the touch of a button.

Repromedix, a national laboratory specializing in advanced reproductive testing, has signed an exclusive licensing agreement with Whitehead Institute for Biomedical Research to develop the next generation of the Y-Chromosome Microdeletion (YCMD) test for evaluating male infertility. When launched by Repromedix in the 4th quarter of 2005, the new YCMD test will be able to detect several additional, newly discovered deletions in the male Y chromosome as well as offer improved localization of sites to better identify previously known deletions. Read more about the Repromedix/Whitehead collaboration in the September 21, 2005 and September 30, 2005 Mass High Tech.

Breakaway Imaging LLC, a medical device company developing new image platforms, has finalized a deal with Medtronic, Inc., the global medical device maker, that gives Medtronic worldwide distribution and marketing rights of Breakaway's O-arm Imaging System. The O-arm Imaging System provides complete multi-dimensional surgical imaging. It is the only approved platform that provides surgeons with real-time, 3-D images, as well as multi-plane, 2-D and fluoroscopic imaging. Read more in the September 30, 2005 Boston Business Journal and Mass High Tech online.

Design Continuum, Inc., an international consulting and design firm, is working for the MIT Media Lab in designing a laptop that is durable, flexible and self-reliant, and will be made available to students worldwide at the price of only $100 each. The idea for the $100 laptop was hatched by the Media Lab leader Nicholas Negroponte after seeing children in a Cambodian village benefit from having notebook computers at school that they could also tote home to use on their own. Within a year, Negroponte expects his nonprofit One Laptop Per Child to get 5 million to 15 million of the machines in production, when children in Brazil, China, Egypt, Thailand, South Africa are due to begin getting them. In the second year -- when Massachusetts Gov. Mitt Romney hopes to start buying them for all 500,000 middle and high-school students in this state -- Negroponte envisions 100 million to 150 million being made. The design prototype which Design Continuum has developed will be unveiled in November. Read more about the $100 laptop project in the Associated Press, the MIT Technology Review and MacWorld.

ThingMagic, Inc., a Cambridge-based developer of RFID reader technology, has received $10 million in its first formal round of financing. ThingMagic, which has been profitable since 2000, when it was spun out of the Massachusetts Institute of Technology, says it has designed the only device available that can read any RFID tag, which is a device attached to or embedded in objects to wirelessly track their location and identifying information. Read more about the ThingMagic financing in the September 1, 2005 Mass High Tech online, and the September 9, 2005 Boston Business Journal online. This financing, along with other RFID company fundings in the past year, indicates investors' dimished doubts in the RFID industry, which initially was treated with much skepticism. Read more about how ThinMagic's financing fits with this trend, in the September 12, 2005 Boston Business Journal print edition.

Micronetics Inc. of Hudson N.H., a maker of microwave and radio frequency (RF) components for defense, aerospace and commercial applications, expanded its product capabilities and customer list with the acquisition of Stealth Microwave Inc. of Trenton, N.J. Read more about Micronetics in the June 13, 2005 Mass High Tech.

Breakaway Imaging LLC, a developer of medical imaging systems for surgery, has won 510(k) pre-market approval from the U.S. Food and Drug Administration for its mobile O-arm Imaging System. The company is initially targeting is O-arm for use in orthopedic and spine procedures. Read more about Breakaway Imaging in the May 13, 2005 issue of Mass High Tech.

Peppercoin, Inc. is gaining considerable momentum in the digital music industry with its Small Transaction Suite, which makes it profitable for merchants to accept smaller credit card and debit card payment. In the past two months, Peppercoin has landed deals with peer-to-peer music services Wurld Media Inc., Mashboxx and myMPO. In addition to online transactions, Peppercoin is going into the realm of physical point-of-sale transactions such as parking meters and laundry machines. Read more about Peppercoin in the April 11, 2005 issue of Mass High Tech.

Kurzweil Educational Systems, Inc., a Natick-based maker of reading technology for the learning or visually disabled, was acquired by Cambium Learning, Inc . The addition of Kurzweil Educational Systems to the Cambium Learning family of companies firmly positions Cambium Learning as the most comprehensive provider of educational solutions for the at-risk, minority and special education student population. Read more about both companies and about this acquisition in the April 7, 2005 edition of Mass High Tech.

French pharmaceutical company Ipsen is celebrating the completion of a $15 million biotechnology manufacturing expansion that will generate at least 30 new jobs. Privately owned Ipsen has added a 38,000 square foot pilot manufactuing site that will focus on developing a hemophilia-treatment product, currently in Phase II human clinical trials. Governor Mitt Romney notes that Ipsen's expansion proves "Massachusetts is a place where the biotechnology community can grow and thrive." Read more about Ipsen's expansion in the March 25, 2005 issue of the Boston Business Journal.

Azimuth Systems, Inc., a provider of scalable, automated wireless network test systems, signed one of its largest international sales contracts to date with Taiwan-based SerComm Corp., one of the leading wireless OEM vendors in Asia. Read more about Azimuth Systems in the March 21, 2005 issue of the Worcester Business Journal.

AccuRev, Inc., which develops software configuration management tools, received $2.1 million in Series A funding from Commonwealth Capital and Investment Inc. AccuRev was in a strong position to receive venture capital funds, as the company is profitable and has money in the bank. On the heels of the newest financing, AccuRev launched their newest product, AccuRev 3.7, which highlights the replication server. Read more about AccuRev in the March 21, 2005 issue of Mass High Tech.

E Ink Corp., a Cambridge-based company that provides electronic displays of white background documents for advertising signage, electronic book devices and information kiosks, received a financing deal for an undisclosed amount from Intel Capital. The new funds will be used to expand E Ink's paper-like electronic display technology, through research and development.

Tea Forte, Inc. is a growing specialty tea company, whose signature infuser, a pyramid-shaped nylon bag holding whole-leaf tea, is rapidly becoming an in-demand item in specialty food shops, restaurants and luxury resorts nation-wide. Read more about Tea Forte in the March 4, 2005 issue of the Boston Business Journal.

Kaspersky Lab, Inc. is a Moscow-based, privately held anti-virus and security detection company, which has just opened its first U.S. office in Woburn, MA. Kaspersky Lab claims to maintain the largest virus encyclopedia in the world at VirusList.com. The company seeks to sign up small- to mid-sized companies, and also offers desktop products to combat viruses, spam and hacker attacks. Security software veteran Steve Orenberg has been named president of Kaspersky's U.S. operations. Read more about Kaspersky Lab in the February 14, 2005 issue of Mass High Tech.

Repromedix Corp., a leading national laboratory specializing in advanced reporductive testing, received $2.2 million in venture funding from Ironwood Equity Fund and Brook Venture Partners. The new funding will enable the company to expand; in particular, they will use it to license and acquire new technology to deal with reproductive disorders and to add to their marketing and sales efforts. In conjunction with the new funding, Repromedix named Norman Wirtz as chief financial officer. Read more about Repromedix in the Feburary 14, 2005 issue of Mass High Tech.

Acopia Networks, Inc., the pioneer of Adaptive Resource Networking Products, received the 2004 Product of the Year Award in the Networking category from Storage magazine and SearchStorage.com for its ARX1000 and ARX6000 switches. According to the judges, "Acopia brings a sensible, elegant way to manage NAS capacity and has the switch smarts to implement tiered storage at the network layer." Read more in the January, 2005 issue of Storage.

Axiam, Inc. , located in Gloucester, MA recently received the Third Annual Commander's Award Commendation from Admiral J.W. Dwyer for its work with the US Naval Air Depot in Jacksonville, FL on the J52 engine program. Working closely with engine OEM Pratt & Whitney, Axiam significantly contributed to the US Navy's combat readiness during the recent war effort in Iraq.

Innov-X Systems, Inc. , a manufacturer of X-ray guns which analyze compounds within materials, reported positive financial results in 2004, and increasing future prospects as a result of new European Union environmental regulations. The regulations prohibit various toxic heavy metals in electronics products, and Innov-X Systems' handheld X-ray fluorescence analyzer helps electronics manufacturers cope with the new regulations, without driving. Read more about Innov-X in the January 21, 2005 Boston Business Journal.

More client news | Current news