68. 3VR SECURITY, INC. ANNOUNCES STRATEGIC INVESTMENT AND DEVELOPMENT
AGREEMENT WITH IN-Q-TEL
November 3, 2005
San Francisco, CA
3VR Security, Inc., (3vr.com) developers of the world's first intelligent
video management system, today announced a strategic agreement with In-Q-Tel
(inqtel.org), an independent, private, not-for-profit company established
by the Central Intelligence Agency (CIA) to develop sophisticated surveillance
systems for both commercial and government markets.
3VR's products have gained traction rapidly in the security market, having
earned the Security Industry Association's New Product Showcase award for
Best New Digital Video Product of 2005, been named a top intelligence video
product by JP Freeman & Co., and successfully installed the system for
several well-known enterprise customers.
"Our partnership with In-Q-Tel is further validation of 3VR's leadership
in the intelligent video space," said Stephen Russell, 3VR's CEO. "We look
forward to the tremendous opportunities we have working together in the coming
months and years."
"3VR offers an impressive product to an industry that will see amazing growth
in the coming years," said Gilman Louie, President & CEO of In-Q-Tel.
"We invested in 3VR's technology because of its innovation in the field of
capturing and managing surveillance data - actually turning thousands of
hours of video into a valuable digital asset with useful alerts and customizable
searches."
Financial details about the agreement were not disclosed.
About 3VR Security, Inc.
3VR Security, Inc. was founded to address the most pressing issue in the
security industry today: overwhelming data stores. 3VR Security, Inc. developed
the third generation video recorder; an appliance that not only performs
the functionality of a high-end Digital Video Recorder (DVR), but also allows
security professionals to find, sort and respond to data. By making complex
technology simple, scalable and available to corporate security buyers, 3VR
Security, Inc. helps companies to effectively respond to their security
challenges.
67. ELECTRO ENERGY INC. ANNOUNCES NEW DEVELOPMENT AGREEMENT WITH
IN-Q-TEL
October 20, 2005
Danbury, CT
Electro Energy Inc. (Nasdaq: EEEI), a leading provider of advanced battery
technologies and associated systems, and In-Q-Tel, a private, not-for-profit
venture group funded by the Central Intelligence Agency, today announced
a new technology development agreement for advanced rechargeable bipolar
lithium ion (BPLI) batteries.
The resulting BPLI battery is intended to exhibit both high-specific energy
and high-specific power, due to the efficiency of the EEEI bipolar cell and
battery design. In previous work, EEEI has demonstrated BPLI cells with a
specific energy greater than 200 Wh/kg and an energy density greater than
400 Wh/l. The development will be conducted at EEEI's battery manufacturing
facility in Colorado Springs, Colorado.
Martin Klein, Chairman and CEO of EEEI, said, "We are extremely pleased with
the capabilities of our prototype bipolar lithium ion technology. It has
surpassed our expectations and will contribute importantly to military
applications where high power, high energy density and low cost are critical
advantages. In addition, we intend to bring this technology to the commercial
sector for portable and mobile battery applications as soon as possible."
The EEEI bipolar lithium ion design - the result of an R&D program begun
in March 2004 - provides a very high surface area per unit of energy, which
results in high power capability while minimizing wasted space and reducing
weight and volume. When fully developed, the benefit potential over conventional
batteries is lower cost, increased power density, longer life and improved
reliability. In addition, the unique battery cell design will allow the battery
to be configured in small areas and conform to other specialized design
requirements.
Simultaneously with the development agreement, EEEI is entering into an $800,000
stock purchase and warrant agreement with In-Q-Tel, announced earlier today.
The purchase price for the stock and warrants is expected to be paid over
the course of 14 months following the closing, conditioned upon EEEI achieving
certain development milestones. No separate payments will be made or required
under the development agreement.
66. ELECTRO ENERGY INC. RECEIVES DIRECT EQUITY INVESTMENT FROM IN-Q-TEL
TO DEMONSTRATE THE INCORPORATION OF BIPOLAR LI-ION CELL TECHNOLOGYINTO BIPOLAR
LITHIUM ION BATTERIES
October 20, 2005
Danbury, CT
Electro Energy Inc. (Nasdaq: EEEI), a leading provider of advanced battery
technologies and associated systems, today announced it entered into a Stock
Purchase Agreement with In-Q-Tel, Inc. and In-Q-Tel's EIP (In-Q-Tel), dated
as of October 17, 2005, pursuant to which In-Q-Tel has agreed to purchase
241,692 shares of unregistered common stock of EEEI and warrants to purchase
75,829 shares of unregistered common stock of EEEI at an exercise price of
$3.11 per share. The total purchase price for the stock and warrants is $800,000
and is expected to be paid over the course of 14 months following the closing,
conditioned upon EEEI achieving certain development milestones. EEEI intends
to direct the proceeds toward research and development to demonstrate the
incorporation of Bipolar Li-ion Cell Technology into Bipolar Lithium Ion
Batteries.
About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in
1992 to develop, manufacture and commercialize high-powered, rechargeable
bipolar nickel-metal hydride batteries for use in a wide range of applications.
Its Colorado Springs operation supplies aerospace-grade high quality nickel
cadmium batteries and components for satellites, aircraft and other specialty
applications. EEEI is also developing high power lithium rechargeable batteries
utilizing the Company's proprietary design. In May, EEEI announced plans
to acquire significant manufacturing assets near Gainesville, Fla., by the
end of 2005 to accelerate commercialization of its battery technology.
Certain statements in this news release may contain forward-looking information
within the meaning of Rule 175 under the Securities Act of 1933 and Rule
3b-6 under the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements regarding
potential future plans and objectives of the companies, are forward-looking
statements that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements.
Factors that could cause actual results to differ materially from those in
the forward-looking statements include, among other things, the following:
general economic and business conditions; competition; unexpected changes
in technologies and technological advances; ability to commercialize and
manufacture products; results of experimental studies; research and development
activities; changes in, or failure to comply with, governmental regulations;
and the ability to obtain adequate financing in the future. This information
is qualified in its entirety by cautionary statements and risk factors disclosure
contained in certain of Electro Energy Inc.'s Securities and Exchange Commission
filings available at http://www.sec.gov.
Pursuant to a December 1, 2004 agreement, Consulting For Strategic Growth
I, Ltd. ("CFSG") provides Electro Energy with consulting, business advisory,
investor relations, public relations and corporate development services,
for which CFSG receives a fixed monthly fee for the duration of the agreement.
Independent of CFSG's receipt of cash compensation from Electro Energy, CFSG
may choose to purchase the common stock of Electro Energy and thereafter
sell those shares at any time it deems appropriate to do so.
65. IN-Q-TEL ANNOUNCES STRATEGIC INVESTMENTS IN WIRELESS SENSOR
NETWORKING
October 20, 2005
Arlington, VA
In-Q-Tel, a private, independent venture group established by the Central
Intelligence Agency (CIA), today announced additional investments in the
wireless sensor networking market Tendril Networks, the leader in software
applications for seamlessly combining wireless sensor and control networks;
and Ember, a leading ZigBee wireless semiconductor systems company.
In 2003, In-Q-Tel invested in Dust Networks, a pioneer in wireless mesh
networking. Over the last two years, Dust Networks has developed and released
its SmartMesh platform for reliable, low-power wireless monitoring
and control. Dust Networks' products are now used in industrial monitoring
and building automation in addition to defense and intelligence applications.
"The next generation of computing will seamlessly network the billions of
embedded devices," said In-Q-Tel CEO, Gilman Louie. "As an investor, we want
to participate in all segments of what we expect will be a fast growing market."
About Dust Networks
Dust Networks provides low-power wireless mesh networking systems to
solution providers, integrators and OEMs for enterprise-class monitoring
and control applications. Dust Networks' SmartMesh combines sophisticated
mesh networking software and low-power wireless nodes to provide unmatched
reliability, manageability and ease of implementation. SmartMesh enables
unprecedented access to information about the physical world, allowing companies
to monitor and control processes and systems for increased efficiency and
enhanced profitability. For more information, please visit www.dustnetworks.com.
About Ember Corporation
Ember Corporation develops ZigBee-compliant wireless semiconductor solutions
that help automate homes, make buildings consume less energy, enable
manufacturing plants to run with fewer breakdowns, and keep the country's
borders and infrastructure safe and secure. With more than 120 customers,
Ember's vision is to help create an "Internet of things" by enabling the
eight billion microcontrollers built into products each year to support low-cost,
low-power networking applications in any industry. Headquartered in Boston
with offices and distributors worldwide, the company is a lead promoter of
the ZigBee Alliance and its platform is the National Technical Systems' (NTS)
"Golden Suite" for 802.15.4/ZigBee interoperability testing. For more
information, please visit www.ember.com.
About Tendril
Tendril, Inc. is at the forefront of the "Internet of Things" the next big
stage of computing which allows organizations to interact with the physical
world in areas where computing has previously been cost-prohibitive. To achieve
its vision, Tendril is leading the expansion of the Wireless Sensor and Control
Networks category by developing the Tendril Service Broker. This groundbreaking
technology includes the first software product of its kind to sit on top
of a variety of wireless sensor networks and offer a distributed programming
interface to instantiate, manipulate and orchestrate previously non-computerized
activities related to buildings, factories, cities, crops, homes and other
objects in the physical world. For more information about Tendril visit
www.tendrilinc.com.
64. DEFENSE AND INTELLIGENCE NEED DRIVE FEDERAL ORGANIZATION TO ADOPT
WIRELESS MESH NETWORKS
October 20, 2005
Hayward, CA
Dust Networks, a leading provider of enterprise-class, low-power wireless
mesh networking systems, announced that they are currently a subcontractor
to Science Applications International Corporation (SAIC), on a contract from
The Defense Advanced Research Projects Agency (DARPA) for the development
of technologies to address issues of urban area military operations.
Wireless mesh networks are increasingly being called upon by the United States'
defense and intelligence communities to provide greater situational visibility
resulting in more information available about the physical environment.
Dust Networks' subcontract involves the provision of low-power wireless mesh
networks that will provide intelligence to support urban area operations.
Wireless mesh networks improve warfighter situational awareness by monitoring
buildings, rooftops, sewers, and other structures that obscure sight lines
and conceal threats.
"We are proud to be working with SAIC on these defense and intelligence
applications," said Joy Weiss, President and CEO of Dust Networks. "Dust
Networks' low-power wireless mesh networking solutions are optimized to easily,
reliably, and economically collect data about physical assets and environments,
placing the right information in the hands of the right people. We are pleased
to see our technology leveraged to help protect our nation."
There is a rising demand for reliable monitoring systems that give military
personnel timely, relevant data from key facilities, borders, and sensitive
infrastructure. Wireless mesh networking provides defense and intelligence
communities with advanced technologies that address these challenges as
demonstrated by Dust Networks funding from In-Q-Tel, a private, independent,
not-for-profit venture group established by the CIA.
"We are pleased to see our investment in Dust Networks making a real difference
in efforts to contribute to the information awareness for homeland security
and other national defense efforts," said Gilman Louie, President and CEO
of In-Q-Tel. "Innovations in low-power wireless mesh networks led by companies
like Dust Networks are clearly driving the development of more effective
threat monitoring systems that can help defense personnel work more effectively."
About SAIC
SAIC is the largest employee-owned research and engineering company in the
United States, with annual revenues of $7.2 billion and more than 43,000
employees in over 150 cities worldwide. SAIC engineers and scientists solve
complex technical problems in national security, homeland security, energy,
the environment, space, telecommunications, health care, and logistics. SAIC:
FROM SCIENCE TO SOLUTIONS
About Dust Networks
Dust Networks provides low-power wireless mesh networking systems to
solution providers, integrators and OEMs for enterprise-class monitoring
and control applications. Dust Networks' SmartMesh combines sophisticated
mesh networking software and low-power wireless nodes to provide unmatched
reliability, manageability and ease of implementation. SmartMesh enables
unprecedented access to information about the physical world, allowing companies
to monitor and control processes and systems for increased efficiency and
enhanced profitability. For more information, please visit www.dustnetworks.com.
63. EMBER ANNOUNCES STRATEGIC AGREEMENT WITH CIA'S TECHNOLOGY INCUBATOR,
IN-Q-TEL
October 20, 2005
Boston, MA
Ember Corporation today announced a strategic investment and development
agreement with In-Q-Tel, a private venture group established by the Central
Intelligence Agency (CIA). Ember, a leading ZigBee wireless semiconductor
systems company, will use the investment to develop wireless sensor, monitoring
and control technology.
ZigBee is a wireless, standards-based radio technology designed for low-power
networking applications including home control and awareness, building
automation, medical monitoring, industrial automation, asset management and
homeland security.
Ember develops tiny, low power ZigBee systems for creating wireless sensing
and control networks that automatically configure and heal themselves, and
work for years on very little power. Ember's ZigBee system is already being
used in a variety of consumer and industrial applications, such as home
automation and control, automatic meter reading and cold chain monitoring.
The government has a variety of low-power, low-data-rate applications that
will benefit from Ember's proven commercial platform.
"Ember is the market leader with a mature platform that has been successfully
deployed in a variety of applications around the world" said Gilman Louie,
president and CEO of In-Q-Tel. "We believe their technology has great potential
to improve the security and efficiency of government and defense operations."
Ember's ZigBee leadership is reflected in its long involvement and contributions
in helping to forge the standard. Ember is a promoter of the ZigBee Alliance,
with its employees serving in strategic and technical roles in the organization.
Ember's semiconductor system is also the National Technical Systems' (NTS)
"Golden Suite" for evaluating IEEE 802.15.4/ZigBee products for interoperability.
About Ember Corporation
Ember enables communication among embedded microcontrollers with standards-based
wireless mesh networking semiconductors and software. Ember helps its customers
to automate home appliances, lower energy consumption in buildings, keep
borders and infrastructure secure, and control industrial processes, just
to name four of the many diverse applications being developed by Ember's
more than 100 customers. Spun out of MIT in 2001, Ember is headquartered
in Boston and has its radio development center in Cambridge, England and
distributors worldwide. Ember is a lead member of the ZigBee Alliance, and
its platform is the National Technical Systems' (NTS) "Golden Suite" for
802.15.4/ZigBee interoperability testing. For more information, please visit
www.ember.com.
62. IN-Q-TEL MAKES STRATEGIC INVESTMENT IN IDELIX SOFTWARE INC.
October 19, 2005
Vancouver, British Columbia
IDELIX Software Inc. announced today that it is launching into further
development of its patented visualization technology with a strategic investment
from In-Q-Tel, the investment arm of the Central Intelligence Agency (CIA).
The In-Q-Tel investment confirms the significance of IDELIX's Pliable Display
Technology (PDT) as a valuable tool for information visualization and data
fusion.
PDT is a sophisticated user interface for interactive detail-in-context data
viewing and manipulation, providing a "screen real estate" solution for the
content convergence of geospatial imagery, maps, video, web and other rich
content. PDT improves situational awareness by allowing users to identify,
visualize and interact with important detail within an image, without losing
sight of the surrounding information. Available as a Software Development
Kit (SDK) in multiple programming languages, PDT can be integrated into existing
computer applications for PC, notebook and handheld platforms.
"The In-Q-Tel investment confirms the need for Pliable Display Technology
in today's Intelligence Community and validates commercial and consumer market
potential," says IDELIX President, Keith Ippel. "Working with In-Q-Tel will
allow us to leverage their experience and resources to realize this potential.
We're excited to have them as a part of our team."
"In-Q-Tel invested in IDELIX because it offers government and commercial
users a new capability to radically enhance critical decision making," said
Gilman Louie, President and CEO of In-Q-Tel. "Through its ability to inspect
and edit detail while maintaining the overall context of large digital images
or maps, PDT will enhance the way government views and edits information."
About IDELIX
IDELIX Software Inc. specializes in the design and integration of advanced
visualization technologies. Its core technology is the Pliable Display Technology
(PDT) Software Development Kit, available in C++ and Java. PDT is a patented,
advanced user interface that can be integrated into a variety of software
applications to create a more efficient workflow for tasks involving
visualization, creation, manipulation, or extraction of data. IDELIX also
provides a wide range of professional services focused on the integration
of PDT into host applications, including user interface design, integration
and feature implementation. Current customers and partners include: ITT
Industries, Black Coral Inc., Paragon Imaging, OSI, Defense Research &
Development Canada, and the US National Geospatial-Intelligence Agency.
61. FMS ANNOUNCES STRATEGIC INVESTMENT AND LICENSING AGREEMENT WITH
IN-Q-TEL
In-Q-Tel Invests in Northern Virginia Firm
October 17, 2005
Vienna, VA
FMS, Inc., an award-winning company with 18 years of experience delivering
proven solutions to a wide range of customers, today announced that it has
entered into a strategic agreement with In-Q-Tel, a private venture enterprise
funded by the Central Intelligence Agency (CIA). After conducting exhaustive
customer, industry, management, and technical due diligence, In-Q-Tel has
identified FMS's Sentinel Threat Management System (TMS) software and the
company's experience as having significant potential to address the needs
of the U.S. Intelligence Community.
"FMS provides unquestioned expertise in database applications and a highly
innovative technical team from the commercial sector to address our national
security needs," said Gilman Louie, President and CEO of In-Q-Tel. "In-Q-Tel
is very pleased with its partnership with FMS and sees great value in its
extremely powerful, easy-to-use Sentinel TMS technology."
FMS's Sentinel TMS software analyzes and ranks people, transactions, events,
organizations, and other criteria, assigns relative values to those connections,
and develops a dynamic picture of the relationships. The results can be
simultaneously viewed by importance, reliability, timeframe, location, network,
and other definitions of interest. Designed to accept data from various sources
and integrate with other third-party software, Sentinel TMS allows users
to correlate various forms of information with sophisticated real-time analysis
in one intuitive and easy to use interface. The Sentinel TMS software is
a robust solution that provides highly accurate analysis resulting in actionable
intelligence.
"We are extremely honored that In-Q-Tel recognizes the potential of our work
and excited to create software solutions that helps 'connect the dots' -
addressing a critical national security need," said, FMS president and founder
Luke Chung. "By leveraging our experience with database solutions in the
commercial sector and incorporating scientific methodologies like social
network analysis to deal with fuzzy data, we created Sentinel TMS and introduced
it to the federal government. Our partnership with In-Q-Tel will further
enhance our technology and expand the work we do with the Intelligence
Community."
The FMS Advanced Systems Group began shipping Sentinel TMS last year and
has a strategic roadmap of enhancements, products, and ancillary services
- many of which are already being tested. Version 3.0, which includes increased
security, next generation temporal views, and other new features, is being
released later this month. FMS also supports mission specific requirements
which involve customized interfaces or additional features required by some
users.
ABOUT FMS
The FMS Advanced Systems Group is a division of FMS, Inc. an award-winning
small minority-owned business founded in 1986. With tens of thousands of
customers, FMS applications are widely used by commercial and government
organizations in the US and over 100 countries. The Sentinel Threat Management
System offers advanced analysis, visualization, and knowledgebase solutions
to the Federal Intelligence Community. In addition, the FMS Advanced Systems
Group provides solutions in the area of Geospatial/Temporal Analysis and
Situational Awareness by combining cutting-edge science with intuitive user
interfaces. FMS is a Microsoft Gold Certified Partner, a member of the Oracle
Partner Network, an Intel Early Access Program Member, and was named to the
inaugural Software Development Times list of 100 Top Software Innovators
and Leaders list. Please visit www.fmsasg.com for more information.
60. IN-Q-TEL ANNOUNCES STRATEGIC INVESTMENT IN SKYBUILT POWER TO DEVELOP
MOBILE, RENEWABLE ENERGY POWER STATIONS
October 17, 2005
Arlington, VA
SkyBuilt Power, an energy solutions company, announced today it has signed
a strategic investment and development agreement with In-Q-Tel, a private
venture group established by the U.S. Central Intelligence Agency (CIA),
to develop innovative, mobile, renewable energy power stations.
SkyBuilt Power's Mobile Power Station. SkyBuilt.com. Solar, wind or any power
anywhere, no fuel, sets up in hours, runs for decades with little maintenance.
For disaster relief, homeland security, military, mobile clinics, classrooms
and operations centers, water pumping and village grids.
"SkyBuilt Power provides innovative energy solutions with the potential to
help meet a wide variety of critical government and commercial power needs,"
said Gilman Louie, president and CEO of In-Q-Tel. "In-Q-Tel's portfolio is
made up of innovative and critically important commercial technologies that
can address the most difficult technology challenges faced by both commercial
enterprises and the national security community. SkyBuilt Power's proprietary
technology offers great promise for leading edge applications for customers
in the government and private sector."
SkyBuilt has developed rugged, rapidly deployable, plug and play, low
maintenance, and mobile, energy systems that can use any combination of
commercial solar, wind, micro-hydro, diesel, and other energy sources. According
to Bill Buck, SkyBuilt's chairman, "SkyBuilt's power systems can provide
power with no fuel. They can be used for backup power, remote telecom power,
an emergency operations center for disaster relief teams, water pumping,
a mobile medical clinic to refrigerate medicines in developing countries,
infrastructure security, village grids, border patrols or a classroom with
internet service."
One of SkyBuilt's innovative systems is the Mobile Power Station(tm) (MPS),
the world's first plug and play, modular, containerized, mobile power system,
with over 100 patent claims filed for its revolutionary drop and operate
design. "The PC revolutionized the computer industry and made computers mobile
and plug and play. Now the MPS can do the same thing for renewable and other
energy systems," according to David Muchow, President and CEO of SkyBuilt.
The MPS sets up in hours and is a complete power system prepackaged in a
standard freight container that can be shipped easily worldwide by sea, air,
truck and rail. SkyBuilt's vice president, Scott Sklar noted that, "The MPS
operates in any climate, needs no fuel, is very low maintenance, rugged,
and can be remotely controlled. It can provide power from 3.5kW to 150kW
or more at much lower fuel and maintenance costs than traditional fuel-based
systems. It can use any combination of off the shelf components and provides
more reliable power than most other systems on or off the power grid -- and,
the MPS can run for decades with relatively little maintenance."
About SkyBuilt Power
SkyBuilt Power provides simpler, smarter, and more reliable energy solutions
for military, homeland security, and commercial power needs worldwide. SkyBuilt's
team includes experts in solar, wind, fuel cells, batteries, electricity,
fossil fuels, engineering, telecommunications, law, utility and energy
regulation, and other disciplines to provide better energy solutions.
www.SkyBuilt.com.
59. TENDRIL ANNOUNCES STRATEGIC INVESTMENT AND DEVELOPMENT AGREEMENT WITH
IN-Q-TEL
September 27, 2005
Denver, CO
Tendril, the leader in software applications for wireless sensor & control
networks, today announced a strategic agreement with In-Q-Tel, an independent,
private, not-for-profit company established by the Central Intelligence Agency
(CIA). In-Q-Tel has selected Tendril based on the company's ability to
dramatically change the deployment rates of wireless sensor & control
networks that support a wide range of applications. The agreement includes
a purchase of software licenses and an investment in Tendril.
Tendril's groundbreaking technology is the first run-time development platform
that allows organizations to fully leverage the power of wireless sensors
& controls to easily integrate every facet of the physical world into
existing enterprise or product computing systems. Tendril's technology
accomplishes this by providing a back-end programming interface for managing
a variety of wireless sensor and control network protocols.
"This agreement with In-Q-Tel is a tremendous validation of Tendril's technology
and its significance for realizing the vast potential of wireless sensor
and control networks," said Tim Enwall, CEO of Tendril. In-Q-Tel's investment
will allow Tendril to pursue business opportunities in markets ranging from
pollution monitoring to industrial automation.
"Tendril's technology offers significant value in commercializing wireless
sensor networks," said Gilman Louie, President and CEO of In-Q-Tel. "Tendril's
software will eliminate the current market obstacle for meaningful deployment
of wireless sensor networks by reducing the time and cost associated with
building, expanding and deploying these types of networks."
Financial details about the agreement were not disclosed.
About Tendril
Tendril, Inc. (www.tendrilinc.com ) is at the forefront of the "Internet
of Things" - the next big stage of computing - which allows organizations
to interact with the physical world in areas where computing has previously
been cost-prohibitive. To achieve its vision, Tendril is leading the expansion
of the Wireless Sensor & Control Networks category by developing the
Tendril Service Broker. This groundbreaking technology includes the first
software product of its kind to sit on top of a variety of wireless sensor
networks and offer a distributed programming interface to instantiate, manipulate
and orchestrate previously non-computerized activities related to buildings,
factories, cities, crops, homes and other objects in the physical world.
For more information about Tendril visit www.tendrilinc.com.
58. THETUS ANNOUNCES STRATEGIC INVESTMENT AND DEVELOPMENT AGREEMENT WITH
IN-Q-TEL
September 26, 2005
Portland, OR
Thetus Corporation, a developer of knowledge discovery software solutions,
today announced a strategic investment agreement with In-Q-Tel, an independent,
non-profit venture group established by the Central Intelligence Agency (CIA).
Thetus Publisher, the company's flagship product, provides a comprehensive
solution for organizations looking to derive maximum value from ever-increasing
quantities of non-text data gathered from a variety of sources such as remote
sensing instruments and other devices. Thetus Publisher combines proactive
knowledge description with powerful search and collaboration tools, enabling
users to quickly and easily access, share, and utilize relevant information.
Danielle Forsyth, CEO of Thetus Corporation, co-founded the company in 2002
after recognizing the gap between the explosion of high-value non-text data
and the ability of organizations to cost-effectively leverage that data.
"The evolution from non-text data to knowledge discovery requires intelligent,
automated systems that streamline the knowledge management process and provide
intuitive tools for searching and accessing information."
"Our software's unique ability to identify the non-obvious relationships
between data elements translates very well to the information gathering process,"
added Forsyth. "Thetus Publisher constantly enhances knowledge structures
as data enters the system, enabling our customers to access relevant real-time
search results and discover new relationships between information."
"We are looking to identify innovative technologies that will effectively
and efficiently leverage the proliferation of non-text data collected by
the global information gathering network," said Gilman Louie, President and
CEO of In-Q-Tel. "Thetus' innovative approach has the potential to dramatically
improve the way in which the Intelligence Community capitalizes on its vital
information assets."
About Thetus Corporation
Thetus Corporation develops knowledge discovery software solutions designed
to keep pace with the exponential growth of high-value non-text data. Thetus
Publisher, the company's flagship product, provides a comprehensive
infrastructure for managing and discovering large volumes of information
collected by sensors and other instruments. Organizations from a broad range
of industries rely on Thetus solutions to discover and exploit their vital
knowledge assets. Founded in 2002 and led by a management team with decades
of enterprise software experience, Thetus remains firmly committed to providing
automated, scalable, and customizable solutions that enable organizations
to maximize their return on data collection investment.
57. ENDECA SIGNS DEAL WITH IN-Q-TEL TO PROVIDE SEARCH SOLUTIONS TO THE
DEFENSE INTELLIGENCE AGENCY
Strategic Partnership with In-Q-Tel Plays Key Role in Introducing Cutting-Edge
Search Technologies to the U.S. Intelligence Community
September 12, 2005
Cambridge, MA
Endeca, the leading provider of Guided Navigation®, Search and Analysis
solutions announced today it has signed a deal with In-Q-Tel to introduce
Endeca's next-generation enterprise search and navigation technology to the
Defense Intelligence Agency (DIA).
The deal is the latest with In-Q-Tel, a private, independent, not-for-profit
venture group established by the Central Intelligence Agency. The search
and navigation solution is part of Endeca's recently announced Government
Search and Analysis Solutions.
"This represents In-Q-Tel's first program with our new partners at the Defense
Intelligence Agency," said Gilman Louie, President and CEO of In-Q-Tel. "Today
In-Q-Tel is working with multiple organizations in the IC. Our goal is to
bring innovative technology from the commercial sector, such as Endeca, to
help solve some of the most pressing national security challenges the IC
faces."
In late 2003, In-Q-Tel signed a significant strategic investment and development
deal with Endeca, which focused its successful commercial technology on the
government and national security markets. Endeca Government Solutions help
public-sector organizations and intelligence and law enforcement agencies
to integrate, discover, navigate, and analyze data to solve the problems
associated with information overload.
About the DIA
The DIA is a Department of Defense combat support agency and an important
member of the United States Intelligence Community. With over 7500 military
and civilian employees worldwide, DIA integrates highly skilled intelligence
professionals with leading edge technology to discover information and create
knowledge that provides warning, identifies opportunities, and delivers
overwhelming advantage to our warfighters, defense planners, and defense
and national security policymakers.
About Endeca
Endeca's award-winning Guided Navigation, Enterprise Search, and Analysis
solutions help organizations integrate, discover, and navigate enterprise
data to solve business problems associated with information overload. Endeca's
customers include a wide range of enterprises, including retailers (Barnes
& Noble, The Home Depot, Wal-Mart); financial services (Bank of America,
MFS Investment Management, Putnam Investments); manufacturing and distribution
(IBM, Arrow Electronics, and John Deere); media and publishing (World Book
and IHS) and government (the Library of Congress, NASA, and the National
Cancer Institute). Endeca is a private company headquartered in Cambridge,
MA. More information: www.endeca.com or info@endeca.com.
56. NANOSYS AND IN-Q-TEL EXPAND COLLABORATION TO DEVELOP
NANOTECHNOLOGY-ENABLED PHASED ARRAY ANTENNAS FOR THE FEDERAL GOVERNMENT
August 22, 2005
Palo Alto, CA
Nanosys, Inc. today announced that it has signed an agreement expanding its
collaboration with In-Q-Tel, a venture group of the Central Intelligence
Agency (CIA), to utilize Nanosys' high-performance thin-film electronics
technology (Macroelectronics) to develop specialized antennas for the U.S.
Government. The terms of the agreement include development funding to Nanosys,
as well as an equity investment in Nanosys by In-Q-Tel.
While no details were given regarding the specific application and product
targets for this program, the technology developed will support Nanosys'
ongoing commercial efforts in the area of novel high-performance phased-array
antennas in the form of low cost, thin and lightweight flexible sheets.
Commercial opportunities for this technology include low-profile, electronically
steerable RF antennas that can be used as stand-alone units or be integrated
into the outer surface of other objects, such as airplanes and laptop computers,
to provide advanced wireless networking and communications capabilities.
"Nanosys has delivered everything they promised and exceeded expectations
during our initial collaboration," said Gilman Louie, President and Chief
Executive Officer of In-Q-Tel. "We are pleased with Nanosys' accomplishments
and delighted to expand our work program with Nanosys to develop a specific
product in the area of high-performance communications."
"In-Q-Tel has been extraordinary in identifying opportunities for our technology
to address specific government needs compatible with our development of near
term commercial products," said Calvin Chow, Chief Executive Officer of Nanosys.
"We look forward to working with In-Q-Tel in this expanded collaboration
to apply our Macroelectronics technology to new opportunities in the rapidly
growing field of wireless communications."
About Macroelectronics
Nanosys' proprietary Macroelectronics uses a unique nanostructured thin-film
to form large area high-performance electronic circuits, without the need
for many of the complex and costly processing steps common in traditional
thin-film transistor manufacturing. The technology is compatible with flexible
or rigid substrates such as plastic or glass, and enables electronic integration
of multiple functions directly onto a single substrate material. In addition
to phased array antennas, Macroelectronics can be applied to numerous other
application areas, including portable and large area flat panel displays
and low cost RFID (radio frequency identification) tags.
About Nanosys
Nanosys, Inc. is a leader in the development of nanotechnology based products
utilizing high-performance inorganic nanostructures. Nanosys has built one
of the broadest technology platforms in the industry with more than 350 patents
and patent applications covering fundamental areas of nanotechnology, at
multiple levels, from basic nanostructures to functional devices to end
applications. Based in Palo Alto, California and privately held, Nanosys
collaborates with industry leaders including Sharp, Intel, Matsushita Electric
Works and SAIC to develop revolutionary high-value, high-performance products
for computing, optoelectronics, communications, energy, defense and the life
and physical sciences. Additional information on Nanosys can be found at
www.nanosysinc.com.
55. SPOTFIRE SCORES ANOTHER RECORD FIRST HALF
Information Advantage Drives Demand for DecisionSite's Visual Analytics
Applications Across All Market Segments
August 16, 2005
Somerville, MA
Spotfire, Inc. (http://www.spotfire.com, a market leader in interactive,
visual analytics for business decision-making, today announced record results
for the first half of 2005. The company is on track to achieve its revenue
goal for the year, growing at three times the market rate for business
intelligence platforms. The results validate an expanding awareness of the
new business value to be gained from business analytics software.
Drivers for the business included strong European growth across multiple
industries, as well as accelerated adoption of Spotfire(R) DecisionSite(R)
business analytics at semiconductor manufacturing companies in Asia/Pacific.
In addition, Spotfire continued its strong performance in industry and government
in the U.S., led by significant demand for its recently released sales and
marketing analytics application, which enables customers to combine sales
force performance and customer segmentation analysis -- focusing their sales
organizations on their most profitable customers. Organizations purchasing
DecisionSite for business analytics included a leading consumer goods company
that signed a significant multi-year contract with Spotfire, a major oil
and gas company and other major international brands.
"Companies are beginning to realize that investing in a business analytics
solution will deliver a bigger return than any other technology investment,"
said Christopher Ahlberg, Spotfire CEO. "Business analytics gives companies
the competitive differentiation required to win."
In May, Texas Instruments, Inc. awarded Spotfire the TI 2004 Supplier Excellence
Award. Spotfire was chosen from TI's worldwide base of more than 18,000 suppliers
as a result of its outstanding performance and continuous improvement in
supplying Texas Instruments with powerful and interactive, visual data analytics
applications and services to extract insight and analysis advantages from
their investments in business information.
During the second quarter, Spotfire announced a number of key partnerships,
including a three-way alliance and collaboration with InforSense and a leading
global pharmaceutical company, to drive innovation in discovery application
management (see May 17, 2005 press release:
http://www.spotfire.com/news/press_releases/detail.cfm?id=5996). Also in
May and based on numerous customer requests, Spotfire and SciTegic announced
the integration of DecisionSite with SciTiegic's Pipeline Pilot using Spotfire's
Computation Services offering. In addition, the company expanded its relationship
with Insightful Corporation to deploy the power of S-PLUS(R) analytics within
DecisionSite in a series of integrated solutions tailored to extract
significantly more value from customers' business data and answer challenging
operational questions across Global 2000 businesses.
Another major milestone was the expansion of the company's relationship with
In-Q-Tel, the independent non-profit venture capital group funded by the
Central Intelligence Agency, to broaden deployment of Spotfire DecisionSite
to meet the needs of the federal government.
About Spotfire
Spotfire, Inc. provides interactive, visual data analytics applications and
services that empower enterprises and their end-users to improve operational
performance and gain an information advantage over the competition. Over
25,000 users in close to 1,000 organizations around the world use Spotfire
DecisionSite to drive confident decision-making by quickly and easily spotting
trends, outliers and unanticipated relationships in critical business data.
The company maintains U.S. headquarters in Somerville, Mass., and European
headquarters in Goteborg, Sweden. Additional information can be found at
http://www.spotfire.com.
Spotfire and DecisionSite are registered trademarks of Spotfire, Inc. Other
company or product names may be the trademarks of their respective owners.
54. CASSATT ANNOUNCES STRATEGIC INVESTMENT AND LICENSE AGREEMENT WITH
IN-Q-TEL
July 19, 2005
San Jose, CA
Cassatt Corporation, an enterprise software company delivering solutions
for the emerging IT automation market, today announced a strategic agreement
with In-Q-Tel, an independent, private, not-for-profit company funded by
the Central Intelligence Agency (CIA). In-Q-Tel selected Cassatt Collage
technology to help solve cost and complexity issues in government IT operations.
The agreement includes a purchase of software licenses and an investment
in Cassatt Corporation.
"Government agencies have been tasked to improve the utilization and reliability
of their IT systems and reduce the time and money required to manage their
IT environments" said Gilman Louie, President and CEO of In-Q-Tel. "Cassatt's
IT automation technology has the potential to provide an immediate improvement
across all of these areas."
Bill Coleman, the original CEO of BEA Systems, founded Cassatt in 2003 to
solve the problem of managing scale in commodity computing. As government
IT moves to reap the benefits of commodity hardware and software, the operations
and management expenses have soared. According to IDC, in the early 1990s
companies were typically spending 25 percent of their IT budget on management
and administration. Today that number exceeds 70 percent. Meanwhile, the
complexity of scale - managing hundreds and even thousands of servers - threatens
the performance and the reliability of the underlying systems.
Cassatt provides a simple, automated solution to the most expensive IT run-time
operations scenarios challenging government today, including: delivering
compute resources to meet spikes in activity, redeploying resources based
on schedule, reducing unplanned downtime, upgrading and patching to large
numbers of servers, and auditing for billing and compliance. Cassatt's Collage
product provides an operational platform for scale-out commodity hardware
environments, and can be implemented without changes to current applications
or infrastructure.
About Cassatt Corporation
Cassatt provides enterprise software and services to automate the operations
and management of IT for on-demand computing. Cassatt's Simply On Demand
solutions reduce IT costs and complexity, boost performance and asset
utilization, and require no changes to a business' IT infrastructure or
applications. Founded in 2003 with headquarter offices in San Jose, California,
Cassatt is a private company with financial backing from Warburg Pincus and
NEA. For more information, visit www.cassatt.com.
53. NETWORK APPLIANCE ACQUIRES DECRU
Extend Leadership in Data Protection Solutions, Expands Market Footprint
for Hetergeneous Storage Support
June 16, 2005
Sunnyvale, CA
Network Appliance, Inc. (NASDAQ:NTAP), the leader in advanced networked storage
solutions, today announced that it has entered into a definitive agreement
to acquire Decru, a privately held company based in Redwood City, California,
for approximately $272 million in cash and stock. Decru is a clear market
leader in storage security, offering data protection solutions to address
a range of needs for enterprises and governments, including regulatory
compliance, privacy, secure consolidation, and outsourcing. Decru DataFort
appliances protect the core of the storage network by seamlessly inserting
a layer of strong encryption, authentication, access controls, and
compartmentalization.
In an era where data is a precious asset and security threats to that
data are accelerating, encryption is a key element of any data
infrastructure, said Dan Warmenhoven, CEO of Network Appliance, Inc.
Recent, highly public mishaps point to the need for companies and
governments to more effectively protect sensitive business, employee, partner,
customer, and intelligence data. Decru has established an early lead in the
data security space. The combination of Decru with NetApp strengthens our
own data protection portfolio and gives more customers the opportunity to
purchase Decru products with the confidence that theyll get the support,
service, and continuous innovation that distinguish NetApp in data
management.
Over the last year, NetApp and Decru together have delivered many collaborative
solutions designed to help companies and various government organizations
safeguard their data and comply with a plethora of regulations that have
recently taken effect. These solutions combine Decru DataFort appliances
with NetApp® storage. But Decru DataFort solutions are not limited to
NetApp storage and in fact can be deployed transparently with a wide variety
of vendors storage systems in NAS, DAS, SAN, iSCSI, and even tape backup
environments. Deploying Decru appliances requires no changes to servers,
desktops, applications, or user workflow, making Decru solutions easy and
fast for customers to integrate into their existing infrastructures.
Decru solutions provide encryption at wire speeds, enabling maximum protection
with no performance sacrifice. And unlike firewalls and network security,
which protect the network perimeter and data in motion, Decru
systems protect data at rest behind the firewall, which is where
recent United States Federal Bureau of Investigation (FBI) studies show up
to 80% of all data attacks occur.
For Network Appliance, the acquisition of Decru augments the companys
already impressive lineup of data protection solutions including NearStore
systems for disk backup and recovery; various SnapSuite software offerings
for data replication, mirroring, and restoration; NetCache® systems and
associated software for protection from Internet viruses and attacks; and
LockVault, which helps provide the technology foundation for safeguarding
regulated data.
The acquisition also complements the recent NetApp acquisition of Alacritus
and expands the companys ability to deliver advanced data protection
solutions for hard disk storage as well as tape and virtual tape environments.
Finally, with Decru, NetApp continues to expand its ability to front
end multivendor (or heterogeneous) storage systems from various third-party
vendors in the storage arena. Just as the newly enhanced NetApp V-Series
systems virtualize a myriad of storage systems, NetApp and Decru solutions
are also capable of protecting data stored on third-party disk and tape systems.
Since January 2004, NetApp and Decru have worked together to deliver solutions
to customers in sectors including investment banking, healthcare, semiconductors,
software, and the federal government. On June 7, NetApp and Decru jointly
announced an integrated turnkey platform for secure processing and storage
of credit card data in compliance with Visa and Mastercard Payment Card Industry
(PCI) security standards.
Decru was founded in 2001 and has raised more than $45 million in venture
financing from Benchmark Capital, Greylock, New Enterprise Associates, In-Q-Tel,
and others. Additional information on Decru is available at www.Decru.com.
The acquisition is expected to close by October, 2005 subject to receipt
of required regulatory approvals and other customary closing conditions.
Decru will form a new business unit within NetApp. Decru remains committed
to maintaining and furthering its deep relationships with heterogeneous storage
vendors and networking vendors.
About Network Appliance
Network Appliance is a world leader in unified storage solutions for today's
data-intensive enterprise. Since its inception in 1992, Network Appliance
has delivered technology, product, and partner firsts that simplify data
management. Information about Network Appliance solutions and services is
available at www.netapp.com.
"Safe Harbor" Statement under U.S. Private Securities Litigation Reform Act
of 1995
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements
include the anticipated benefits to be obtained from the Companys
acquisition of Decru and the expected timing of the completion of the
acquisition. These forward-looking statements involve risks and uncertainties,
and actual results could vary. Factors that could impact our ability to achieve
our goals include our ability to successfully integrate Decrus operations
and products with the future success of both companies product lines, general
economic and industry conditions, including expenditure trends for
storage-related products; our ability to deliver new product architectures
and products that meet market acceptance; our ability to design products
that compete effectively from a price and performance perspective; and other
important factors as described in Network Appliance, Inc.'s reports and documents
filed from time to time with the Securities and Exchange Commission, including
our most recently submitted 10-K and 10-Q.
52. DESTINEER ANNOUNCES STRATEGIC INVESTMENT AND DEVELOPMENT AGREEMENT
WITH IN-Q-TEL
June 16, 2005
Minneapolis, MN
Videogame developer and publisher Destineer today announced it has signed
a strategic development agreement with In-Q-Tel, a private venture group
funded by the Central Intelligence Agency (CIA).
Destineer develops and publishes 3-D games for personal computers and videogame
consoles. Its first internally-developed game, Close Combat: First to Fight,
was created with the help of more than 40 active-duty United States Marines
and is based on their recent combat experiences.
"We create highly realistic, action-oriented training simulations that provide
unique gaming experiences", said Destineer President, Peter Tamte. "Our
partnership with In-Q-Tel will enhance our technology and expand the work
we do with the federal government."
"Destineer's technology offers unique gaming simulation capabilities", said
Gilman Louie, President and CEO of In-Q-Tel. "In-Q-Tel is very pleased with
its partnership with Destineer and their promise of significant developments
in simulation training that will enhance security readiness for the Intelligence
Community."
About Destineer
Destineer® was created in 2001 by Peter Tamte, who was executive
vice-president of Bungie Software, makers of the best-selling videogame Halo,
before forming Destineer. The company is managed today by Mr. Tamte and CEO
Paul Rinde, formerly a senior vice-president of Atari. Destineer develops
and publishes commercial videogames for personal computers and videogame
consoles under the Destineer, Bold Games, and MacSoft brands, and it creates
highly realistic action-oriented training simulations for military and
intelligence organizations. More information is available at
www.destineerstudios.com.
51. NETWORK CHEMISTRY CLOSES NEW VC INVESTMENT ROUND
Funding Secured Will Accelerate Market Penetration of Leading WLAN Intrusion
Protection and Analysis System
April 14, 2005
Menlo Park, CA
Network Chemistry Inc., the leader in wireless network intrusion protection
and analysis systems announced today that it has closed a venture capital
financing round, led by Geneva Venture Partners, joined by Innovacom, the
investment arm of France Telecom, and In-Q-Tel, the investment arm of the
U.S. Central Intelligence Agency (CIA), securing in total $6 million. The
proceeds will be used to accelerate sales and marketing efforts for Network
Chemistry's RFprotect, a product family of distributed and mobile wireless
intrusion protection systems for enterprises of all sizes. RFprotect is the
leading intrusion protection system in terms of total volume of sensor agents
shipped by the company and its licensees.
In addition to the investment, the company is announcing new additions to
its board of directors, including Robert Troy, Managing Director of Geneva
Venture Partners, Aymerik Renard, Managing Director of Innovacom, and Lou
Ryan, former CEO of Entercept Security, who will act as Executive Chairman.
The new board members are joined by existing directors Robert Markovich and
Chris Waters, Network Chemistry's CEO and CTO.
"I am continually impressed by what Network Chemistry has accomplished since
its 2002 inception," said Robert Troy. "The company has a rare combination
of proven business executives and truly ground-breaking technology. The founding
team brings great enthusiasm, expertise, and dedication toward this market.
We fully believe in their vision, and their ability to definitively resolve
the security bottleneck limiting enterprise adoption of wireless."
"The move to wireless LANs is a trend, not a fad," said Lou Ryan. "But WLANs
won't be broadly adopted by enterprises until they're protected from RF security
vulnerabilities and performance degradations. Network Chemistry's RF analysis
technology is rapidly becoming the de facto industry standard for WLAN intrusion
protection and analysis. This is a huge market opportunity and I am thrilled
to be involved with the company." "This is an ideal group of investors for
our company," said Robert Markovich, CEO of Network Chemistry. "Geneva Venture
Partners, Innovacom, and In-Q-Tel will accelerate access to strategic resources
that will broaden our market reach. The new board members are proven
entrepreneurs with extensive industry experience.
Their support and backing are more validation of our vision to instrument
wireless networks for security and performance, to transport business-critical
applications at the quality of wired networks."
About New Board Members:
Robert Troy, a Managing Director and co-founder of Geneva Venture Partners,
is a veteran entrepreneur with more than 30 years of managerial experience
in the software business. In 1984, he founded Verilog and served as President
and CEO until the company was sold in 1994. Robert currently serves at the
board of directors of Santa Cruz Networks and participates to the Board of
Karna Global Technologies. Prior recent board experience includes Zantaz
and Ipin (acquired by Valista). He brings significant expertise in management,
strategy, global development, marketing and technology. Robert holds a Doctor
degree. in Computer Science from University P. Sabatier, Toulouse, France
and has authored a number of papers on software technology and the industry.
Aymerik Renard joined Innovacom in 1996, opening the company's North American
office in San Francisco. Aymerik has worked with Internet technologies since
1989, and focuses on enterprise and telecom software investments. Prior to
joining Innovacom, Aymerik headed France Telecom North America's Internet
and online service-related business development activities, where he performed
technology, market and strategic analyses and participated in partnership
and joint venture negotiations, working closely with various France Telecom
operating units. Aymerik is a graduate of Carnegie Mellon University in
information and decision systems, as well as policy and management.
Lou Ryan was president CEO and founder of Entercept Security Technology which
was acquired by McAfee in April 2003. Lou was also an early investor and
board member of Foundstone, a vulnerability management supplier acquired
by McAfee in August 2004. Lou has 22 years of computer industry management
experience, including a previous role as co-founder and executive vice president
of worldwide sales at Delrina Corp., a leading software supplier with over
$100 million in annual sales, which was later acquired by Symantec in 1995.
Lou also serves on the board of Certicom Corporation, and is an advisor to
SandHill Capital, SandHill Security, and DiamondHead Ventures.
About Network Chemistry's RFprotect
Network Chemistry's RFprotect product family protects wired and wireless
networks from wireless-specific vulnerabilities, rogues, and attacks. RFprotect
is the industry's first wireless IDS/IPS designed with the high scalability,
open integration, and auto-maintenance required for large enterprise and
government deployments. At the same time, the system delivers the lowest
entry cost and total ownership costs in the industry.
About Geneva Venture Partners
Geneva Venture Partners (GVP) is an early stage venture capital fund founded
in 1998 by experienced operating executives to assist committed entrepreneurs
in building successful software companies. GVP supports the entrepreneur's
vision through its extensive access to world class executive talent, and
depth of real-world business experience in helping driven entrepreneurs build
successful software companies. GVP helps entrepreneurs get access to industry
luminaries, prospective customers and distribution partners globally, world-class
board members and exceptional candidates for key positions. GVP focuses its
investments on the enterprise software, infrastructure software, wireless,
RFID, VoIP and embedded technology sectors. For more information, visit
www.genevavc.com.
About Innovacom
For over fifteen years, Innovacom has invested in the entrepreneurs building
the telecom and information technologies of tomorrow. Innovacom works with
some of the brightest minds in the business, the early stage companies focused
on the components, hardware, software and content that improve the ability
of telecom carriers to deliver services. As the venture subsidiary of France
Telecom, Innovacom is uniquely positioned to help its portfolio companies
not only with capital, but with connections to the best research and deployment
facilities in Europe and North America. Past investments include Business
Objects, Cobalt Networks, Gemplus, Infovista, Intershop, Kelkoo, Soitec,
and Tumbleweed. With 400 million dollars under management, Innovacom has
offices in Paris, Stockholm, and San Francisco. For more information, visit
www.innovacom.com.
About Network Chemistry
Network Chemistry provides enterprise-class systems that increase the security
and performance of wireless networks, enabling them for business critical
applications. Its award-winning RFprotect system is the industry's first
high-scale wireless intrusion protection system, providing complete detection,
assessment, prevention, and auditing of wireless threats and attacks, all
at a breakthrough reduction of total ownership costs. Network Chemistry,
founded in 2002, is based in Menlo Park, California and is privately funded
by Geneva Venture Partners, Innovacom (the venture arm of France Telecom),
and In-Q-Tel (the venture arm of the Central Intelligence Agency). For more
information, visit www.networkchemistry.com.
50. WISPRY SECURES INVESTMENT FROM IN-Q-TEL
New Investment Fuels growth of RF-MEMS technology into Consumer-based Wireless
Products
April 12, 2005
Irvine, CA
Wispry, Inc., developer of low-cost, high-performance tunable radio frequency
(RF) components and modules for the wireless industry, today announced is
has signed a strategic investment and development agreement with In-Q-Tel,
a private venture group funded by the Central Intelligence Agency (CIA).
"We are pleased to announce this new investment by In-Q-Tel which further
validates the disruptive nature of our technology in a variety of RF-related
fields," said Jeff Hilbert, president, CEO and co-founder of Wispry. "Our
MEMS-based products reduce space, power consumption and cost while simultaneously
attaining outstanding RF performance, adaptability and agility. This new
investment will enable us to get these innovative products to market quicker,
benefiting high volume, high performance applications that focus on wireless
and broadband communications, including consumer-based wireless products
such as cellular phones, wireless base stations, local and wide area wireless
networking equipment and cable modems, as well as a growing number of industrial
and commercial applications."
"Wispry's technology offers unique tunable RF technology," said Gilman Louie,
President and CEO of In-Q-Tel. "In-Q-Tel is excited about its partnership
with Wispry and their promise of significant developments in the production
and sales of its ground-breaking RF micro-electro-mechanical systems (RF-MEMS)
tunable filter and RF switch products, that will be beneficial to the government
and commercial markets."
About Wispry Inc.
Wispry, headquartered in Irvine, Calif., designs and markets hardware components
and modules to radio frequency (RF) system manufacturers of voice and data
communications and acquisition products. Utilizing the Company's core competency
in RF micro-electro-mechanical systems (RF-MEMS) technology, Wispry's products
enable system designers to achieve the architectural innovation required
for the growing diversity of mobile and fixed electronic applications and
networks. Current investors include Tech Coast Angels, Blueprint Ventures,
American River Ventures, Sid R. Bass Associates and Shepherd Ventures. For
more information, visit www.wispry.com.
49. A4VISION AND IN-Q-TEL PARTNER IN ADVANCED 3-D IMAGING SOLUTIONS FOR
GOVERNMENT AND COMMERCIAL MARKETS
March 7, 2005
Sunnyvale, CA
A4Vision Inc, global leader in advanced identification software and 3-D facial
imaging products and technology, today announced it has signed a strategic
development agreement with In-Q-Tel, a private venture group funded by the
Central Intelligence Agency (CIA). In-Q-Tel's strategic development agreement
with A4Vision enables use of A4Vision's core 3-D facial biometric imaging
and identification technology in new applications planned for commercial
and government markets. Financial terms provide equity in A4Vision to In-Q-Tel
and a commitment to development of A4Vision's 3-D imaging technology for
new commercial and government applications.
"A4Vision has been working with the US and other governments worldwide since
our inception. In-Q-Tel's partnership with A4Vision denotes insight to A4Vision's
unique developments of 3-D imaging and our capability to meet confidence
levels and criteria required by the world's most demanding buyers." said
A4Vision CEO Grant Evans. "We anticipate forthcoming developments with In-Q-Tel
to present new dimensions in 3-D imaging security, ranging from access control
at borders, to buildings, networks, airports and secure areas to identifying
persons or objects in transit or transport - all areas of keen global interest
at present."
"A4Vision's technology offers unique 3-D data capturing and processing
capabilities," said Gilman Louie, President and CEO of In-Q-Tel. "In-Q-Tel
is very pleased with its partnership with A4Vision and their promise of
significant developments in 3-D imaging that will enhance government security
readiness as well as the anticipated developments for the commercial sector."
A4Vision has been shipping 3-D imaging products for access control, secure
authentication and verification and database enrollment, since October 2003.
More information is available and products may be ordered at
http://www.a4vision.com.
About A4Vision
A4Vision (Applications for Vision) develops and licenses advanced identification
systems and tracking solutions using 3-D facial imaging and recognition
technology. A4Vision is headquartered in California (USA) with offices in
Geneva (Switzerland) and Moscow (Russia).
48. CALLMINER ANNOUNCES AGREEMENT WITH IN-Q-TEL FOR SPEECH ANALYTICS
TECHNOLOGY
In-Q-Tel Support Expands CallMiner's Leadership Position in Speech Analytics
February 8, 2005
Fort Myers, FL
CallMiner Inc., a leading provider of speech analytics software designed
to uncover business intelligence from recorded calls, today announced it
has signed a strategic investment and development agreement with In-Q-Tel,
a private venture group funded by the Central Intelligence Agency (CIA).
In-Q-Tel joins existing CallMiner investors Inflexion Partners, Intersouth
Partners, and Village Ventures. Financial terms of the agreement are not
disclosed but include enhancements to CallMiner's speech analytics toolset.
"CallMiner's state of the art technology for mining information from recordings
offers a robust set of applications to gain insight into recorded interactions,"
said Gilman Louie, President and CEO of In-Q-Tel. "We have tapped CallMiner's
expertise in the development of speech analytics applications to serve in
the United States national security interest. In-Q-Tel is excited to support
CallMiner and benefit from their progress in speech analytics."
Every year, hundreds of millions of recordings are made for quality and statutory
requirements. The recorded data is largely ignored since the economics of
manual listening is prohibitive, or the volumes of calls render the task
impossible. CallMiner's technology solves this by using state-of-the-art
speech recognition and patent pending conversion technologies to listen to
recorded phone conversations to create minable databases. Without CallMiner's
technology, this data is inaccessible.
"We aim to create more context and more intelligence to both enterprise and
government organizations from our speech analytics suite," said Jeff Gallino,
CEO of CallMiner. Partnering with In-Q-Tel to bring value to the US government
broadens our leadership position in the speech analytics market."
About CallMiner
CallMiner is a leading developer of solutions that assist contact centers
in the analysis of recorded calls. CallMiner's core application automates
the process of converting calls into searchable text and statistics for mining
and gathering business intelligence. CallMiner's advanced tool set enables
contact center managers and executives to conduct ad-hoc queries and analyses
of agent and customer interactions, while providing insight into what customers
are saying and how agents are responding. Since CallMiner's tools are easy
to use, managers in marketing, sales, customer service and other organizations
can now analyze mission critical information contained in recorded calls
in real-time. Leading institutional investors including Inflexion Partners,
Intersouth Partners, and Village Ventures backs CallMiner. For additional
information about CallMiner, Inc. visit www.callminer.com, or call 239-573-9670.
About CallMiner Application Suite
The CallMiner Analytics software suite enables call centers to rapidly identify,
target and report what was said in recorded calls. Without CallMiner, critical
business intelligence remains inaccessible. The CallMiner suite is installed
alongside existing call recording hardware and can convert any volume of
recorded calls to relational databases for analysis and reporting. The CallMiner
application suite enables analysis of 100% of call center recordings without
the need to manually listen to calls, effectively eliminating a roadblock
to synthesize potentially valuable information. CallMiner's applications
provide companies with insight into to what customers are saying and provide
management with visibility to potential issues and opportunities residing
within existing calls data. Analysis of agent/customer interactions provides
actionable intelligence for management to help reduce call center operational
costs, and provide a better customer experience.
47. ARIZONA STATE UNIVERSITY PARTNERS WITH IN-Q-TEL TO SUPPORT 3-D HANDWRITING
TECHNOLOGY
Arizona Technology Enterprise, ASU's Technology Transfer Group, Facilitates
Sponsored Research Agreement Between the Partnership for Research in Spatial
Modeling (PRISM) and In-Q-Tel
February 2, 2005
Phoenix, AZ
Arizona State University's Partnership for Research in Spatial Modeling (PRISM),
today announced that In-Q-Tel, a private venture group funded by the Central
Intelligence Agency (CIA), has executed an agreement to support the development
of PRISM's handwriting recognition and document segmentation technology.
"This partnership has enhanced the development of our volumetric modeling
technology for handwriting recognition and will potentially provide the
Intelligence Community with access to software that recognizes and automatically
separates mixed graphical, print and handwritten content for search, retrieval
and cataloging", said PRISM founder Anshuman Razdan, Ph.D. "We are enthusiastic
about our work."
PRISM's technology applies proprietary modeling software and algorithms to
extract information about the spatial and topological characteristics of
features on a page. The software is capable of separating features such as
handwriting, borders, and graphics that until now could not be processed
by traditional optical character recognition (OCR) software.
The software incorporates batch processing and can store information about
the features of multiple documents in a database for straightforward binning
and identification of documents. PRISM's patented approach has the potential
to improve the speed and efficiency of analyzing documents for analysis.
"ASU's 3-D handwriting technology offers unique capabilities for recognizing
handwriting and segmenting documents," said Gilman Louie, In-Q-Tel's president
and CEO. "In-Q-Tel is very pleased with its partnership with ASU's PRISM.
They have made significant progress toward a solution that will not only
have broad utility for the Intelligence Community but potentially attractive
commercial applications as well."
About AzTE & ASU
Arizona Technology Enterprises at Arizona State University works with university
inventors and industry to transform scientific progress into products and
services. Arizona Technology Enterprises transfers technologies invented
at ASU to the private sector by mining university research, prosecuting patents,
negotiating licenses, and marketing inventions.
About PRISM
PRISM is the focal point at Arizona State University for interdisciplinary
research in modeling and visualization to permit intelligent analysis and
create spatial and dynamic knowledge.
46. CAMBRIOS TECHNOLOGIES ANNOUNCES $12 MILLION SERIES B ROUND
February 1, 2005
Mountain View, CA
Cambrios Technologies Corporation, the pioneer in applying strategies of
biological systems to the assembly and synthesis of materials for solid-state
electronics, announced today the first closing of $9 million toward a guaranteed
$12 million Series B funding round.
In-Q-Tel, Harris & Harris Group Inc., (Nasdaq: TINY) and Headland Ventures
join Series A investors Alloy Ventures, ARCH Venture Partners, Avalon Ventures,
Lux Capital, and Oxford Bioscience Partners, all of whom are participating
in the Series B. Cambrios will use the new funds to accelerate its development
of biochemical materials for electronic manufacturing processes and other
commercial products.
"Cambrios has a large vision for using biological technology in assembling
inorganic materials that make up solid-state electronic devices," said Michael
Knapp, Ph.D., president and CEO of Cambrios. "Our investors have given us
a great vote of confidence. We now have the resources to pursue this vision
vigorously and accomplish two things: rapidly develop tangible manifestations
of the technology and find commercialization partners with which to bring
them to market."
"We're pleased to be investors in Cambrios," said Daniel Leff, Executive
Vice President & Managing Director at Harris & Harris Group. "Cambrios'
approach of liquid-phase, biologically directed, inorganic materials synthesis
has the potential to be a more cost-effective fabrication alternative for
a multitude of electronics applications, such as the deposition of thin films
in liquid crystal display manufacturing."
"It's still early but if Cambrios continues hitting key milestones, it could
effect one of the most profound shifts in the history of electronics
manufacturing," said Josh Wolfe, Co-Founder and Managing Partner with Lux
Capital.
About Harris & Harris Group, Inc.
The Harris & Harris Group is a publicly traded venture capital company
that now makes initial investments exclusively in tiny technology, including
nanotechnology, microsystems and microelectromechanical systems (MEMS). The
Company's last 19 initial private equity investments have been in tiny-technology
enabled companies. The Company has 17,248,845 common shares outstanding.
About Headland Ventures
Headland Ventures is a venture partnership singularly focused on building
successful companies from the ground up. Headland concentrates on the
connectivity provided by the next generation communications network and the
companies defining its direction.
About Cambrios Technologies Corporation
Cambrios was founded in 2002 as Semzyme, Inc. based on the work of Angela
Belcher Ph.D., a professor at MIT and previously at University of Texas.
The company's headquarters and laboratories are located in Mountain View,
Calif. Cambrios' technology and I.P. portfolio address the discovery of proteins
that bind important inorganic materials, the use of those biomolecules to
assemble nanostructures made of these materials, and the applications of
these methods in processes for the construction of solid-state electronic
devices. Investors in Cambrios include Alloy Ventures, ARCH Venture Partners,
Avalon Ventures, Harris & Harris, Headland Ventures, In-Q-Tel, Lux Capital,
and Oxford Biosciences P[text ends]
45. IBM ACQUIRES SRD, BREAKS NEW GROUND IN IDENTITY RESOLUTION SOFTWARE
January 7, 2005
Armonk, NY
IBM today announced it has acquired SRD, a privately held company based in
Las Vegas, Nevada, and provider of identity resolution software.
SRD's operations will be integrated into IBM's Information Management software
organization and SRD products will be immediately available from IBM. Financial
details were not disclosed.
With this acquisition, IBM is extending the capabilities of its Information
Management software portfolio by bringing new levels of accuracy to identity
resolution. The SRD technology helps organizations increase business insight
by delivering an accurate view into individuals and relationships in real-time
-- associations that previously were nearly impossible to discover, enabling
a wide range of solutions.
The acquisition also enhances IBM's business intelligence platform and
strengthens its analytical capabilities by enabling solutions that require
the melding of information stored in a variety of database and drawing out
non-obvious relationships between entities.
"The seemingly simple questions of 'who is who?' and 'who knows whom?' cut
across a wide variety of business problems today," said Janet Perna, general
manager, IBM Information Management Software. "The SRD technology provides
solutions to these age-old problems with unparalleled speed and accuracy."
SRD software strengthens IBM's middleware portfolio via a multidimensional
approach to analytics that dramatically extends the capabilities of
identity-based applications. The combination provides value to business partners
who deliver business intelligence and other applications that might require
a single customer view, fraud detection, or customer relationship management
across many industries, such as government, banking, insurance and healthcare.
"The combination of SRD technology with IBM's middleware platform will bring
a new era of accuracy, speed and scale to business analytics," said John
Slitz, CEO, SRD.
The SRD technology also complements IBM's open computing approach through
its ability to work with both IBM and non-IBM data sources, including Oracle
and Microsoft databases, enabling customers to integrate it with their existing
technology infrastructure. The technology is based on both SQL the Java industry
standard J2EE, allowing developers to more easily develop, deploy and maintain
analytical business applications.
SRD technology further extends investments IBM is making in support of analytical
solutions, which include DB2 Data Warehouse Edition, DB2 Cube Views and DB2
Alphablox. IBM also enables industry-specific business intelligence solutions,
including the IBM Banking Data Warehouse for financial institutions and the
IBM Crime Information Warehouse for law enforcement.
About IBM's Information Management Portfolio
There are more than 60 million DB2 users from 425,000 companies worldwide
relying on IBM DB2 Information Management Solutions. IBM is the only information
management software vendor to provide customers with integrated solutions
for database management, tools, content management, enterprise information
integration and business intelligence. For more information please visit
http://www.ibm.com/software/data.
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