University City : Innovation + Job News

Take your business paperwork Neat: Piles of growth for Philly company's scanning technology

Flying Kite Media Tuesday, March 29, 2011

You've walked past the kiosk on your way to a flight. You've paused at the entry in the SkyMall magazine. The Neat Company, based in Philadelphia, makes products to organize the avalanche of paperwork that accumulates if you travel for work or are a small business owner. Receipts, business cards, invoices, and other scraps can pile up into an unwieldy stack very quickly, and if you are out on the road, keeping track of these little white bits is not exactly a top priority. Neat makes two versions of its product, which combines a scanner with software to create a digital filing cabinet. NeatDesk and its traveling companion NeatReceipts scan paper, automatically classify and organize documents for easy reference and retrieval with included NeatWorks software.

"The world of paper is the last world to go digital," says Kevin Garton, Neat's Chief Marketing Officer. "Think of it like iTunes and the iPod, but for paperwork." Garton says that the Neat line of products is also useful on the home front, where parents can scan children's medical records as well as personal paperwork, and Neat makes tax time much easier for home and business users. Garton also points out that scanned documents are fully searchable.

Neat, which got initial funding from Ben Franklin Technology Partners of Southeastern Pennsylvania, reports that it experienced 536 percent revenue growth in 2010. Neat began as a father and son business, after the pair got fed up with an expense reporting process that more closely resembled an arts and crafts project involving scissors, tape and more paper. Garton says that from that first kiosk at Philadelphia International Airport, Neat products are now available at major retailers nationwide both online and in-store, as well as on the Neat website. The expanding company will be moving its headquarters to 16th and Market Streets in April.

This week, Neat rolled out an upgrade for Mac users, and announced a contest to award ten people $1,000 each. Contestants enter by posting a comment on Neat's blog or Facebook page, by retweeting, or by mentioning the contest on a blog.

Source: Kevin Garton, The Neat Company
Writer: Sue Spolan

Adaptimmune brings tools in the fight against cancer, HIV/AIDS to Science Center

Flying Kite Media Tuesday, March 29, 2011

Imagine cancer treatment without debilitating chemotherapy and damaging radiation. Researchers in the field of fighting cancer and infectious diseases have recently come up with a way to remove, edit and replace patients' own cells to turn them into cancer and HIV super soldiers in the body. Adaptimmune LLC, one of University City Science Center's newest tenants, is the first company of its kind to develop a methodology for generating high affinity T cell receptors. Dr. Gwen Binder-Scholl, the Vice President of Operations at Adaptimmune, says that this powerful approach is a major departure from previous forms of cancer and infectious disease treatment, offering the advantage of much higher potency with far fewer side effects.

Traditional chemotherapy attacks any rapidly dividing cell in the body, knocking out cancerous tumors, but also killing cells that generate hair and mucous membranes. In this new treatment paradigm, T cells, which are the body's immune soldiers, are harvested from the patient, modified and placed in cell factories to grow, and then returned to the patient via vaccine. The whole process takes only three weeks from manufacture to release, according to Binder-Scholl, so that cancer and HIV can be treated fairly quickly.

"We are really the only company taking the next step towards commercialization of adoptive T cell therapy with high affinity TCRs," says Binder-Scholl, who has been working on T cell receptor research at the University of Pennsylvania's Abramson Family Cancer Research Institute for about three years at the June Laboratory under the guidance of professor Carl June, MD. Binder-Scholl explains that Adaptimmune, a subsidiary of a UK company, approached her to manage and carry forth U.S. clinical trials. While Adaptimmune already has a close relationship with Penn, its overseas leadership qualifies it for the SciCenter's Global Soft Landing Program.

This month, Adaptimmune is opening three new oncology indications: a trial for melanoma, which is very common, and trials for the less frequently occurring cancers synovial sarcoma and multiple myeloma. Depending on how the clinical trials go, Binder-Scholl expects to see data emerge within 12 months and hopes to get approval for the experimental treatment with the decade.

Source: Gwen Binder-Scholl, Adaptimmune LLC
Writer: Sue Spolan

Make room for the Aerotropolis: Drexel's Mobilities in Motion conference explores 'logistics' cities

Flying Kite Media Tuesday, March 29, 2011

Mobility. The word conjures up a multitude of meanings. The ability to move. Mobile devices. Passing through physical and virtual space. Remaining motionless. Social networks and location based apps. Handicapped access. Planes, trains, automobiles, and skateboards.
Drexel's Center for Mobilities Research and Policy, or mCenter, headed up by sociology professor Mimi Sheller, offers a new way to group ideas not previously considered connected under one umbrella. The mCenter is the first in the United States to study mobilities, drawing on the many disciplines of arts, design, social sciences, engineering, computer science, business, law, media, environmental studies and public health.

Tasked with studying movement as a social science, the one year old mCenter drew an international crowd to its conference, Mobilities in Motion: New Approaches to Emergent and Future Mobilities. Held March 21-23, presenters considered scales of mobility, migration, borders, mobile phones, and all kinds of ways to get around, from the skateboard as urban transportation, to air travel, to creating an avatar and traversing virtual environments. Participants from a dozen countries, including France, Japan, the UK, and Brazil, as well as from more local addresses in the United States, spoke on emerging concerns like surveillance and privacy, the continually accelerating cycle of mobile device obsolescence, ethics and social rights, borders, sustainability and more.

Sheller, who is also co-editor of the international journal Mobilities, said, "The event has been incredibly successful, even beyond my expectations. We had excellent keynote presentations and very high quality papers in all of the sessions. People felt a real sense of dynamic interaction and stimulating dialogue across different disciplines and research approaches."

One highlight was keynote speaker Rina Cutler, Philadelphia's Deputy Mayor for Transportation and Utilities, "who gave an incredibly lively and entertaining talk about major infrastructure projects in the city, including her plans for developing an 'aerotropolis' at Philadelphia Airport." The idea that an airport can become a major urban hub, sometimes extending to a radius of up to 60 miles, was coined by professor John Kasarda (not in attendance), whose new book, Aerotropolis, The Way We'll Live Next, describes the next phase of globalization. With the rapid rise of logistics, global business networks, overnight shipping and increased travel, the new metropolis will have a massive airport at its center, with the city designed around it. Kasarda writes that logistics cities are now growing in Seoul, Amsterdam, Dallas and Washington, DC.

Sheller said participants, who included many PhD students as well as professors, were treated to presentations by artists and went on walking tours and as well as a mural tour. Aharon Kellerman, professor emeritus at Haifa University, remarked, "The most striking dimension of the conference was the young age of most of the participants. This is an encouraging trend by itself, notably in North America."

Source: Mimi Sheller, mCenter
Writer: Sue Spolan

Philly Tech Week promises a printer-smashing good time

Flying Kite Media Tuesday, March 22, 2011

In the spirit of Philly's other well-known celebrations like Beer Week and Restaurant Week, one of the main goals for Philly Tech Week, happening April 25 to 30 in locations across the city, is to have fun. Organized by Technically Philly, the week is meant to connect the many different segments of the Philly technology community, from hackers to Comcast and everyone in between, according to TP co-founder Chris Wink.

At this point, there are about 35 events on the schedule, with more to come. WHYY will serve as headquarters. Wink says the media outlet will host a daily lunchtime speaker series throughout the week, as well as the final big event Friday night. Tech Week coincides with two other major citywide happenings: The Philadelphia International Festival of the Arts (PIFA) and The Philadelphia Science Festival. As a result, says Wink, some gatherings will carry all three labels, such as Augmented Reality Check: Seeing The Future Now, looking at the intersection of art, technology and science, to be held at the Philadelphia Museum of Art on April 26.

Another exciting Tech Week gathering is The Future of Music featuring musician and producer RJD2, coordinated by Tayyib Smith, owner of Little Giant Media, which publishes two.one.five magazine. Smith hopes to draw like minded people actively engaged in creating, promoting and distributing music to envision the role technology will play in the future of music. "I am an analog person who is fronting like I am digital," says Smith, who hopes to get as much out of the discussion as any of the other attendees.

Local firm Azavea, which builds geographic analysis software, happens to be rolling out several projects that same week, and plans to show off the brand new goods. "One is Philly Tree Map," says President and CEO Robert Cheetham, whose goal is to create a crowdsourced urban tree inventory. Two other Azavea projects, Open Data Philly and PhillyHistory.org, will be showcased during Tech Week.

For those who have ever fantasized about going ballistic on your devices, be sure to attend the Office Space Printer Smash, co-sponsored by Nonprofit Technology Resources and The Hacktory. As the title indicates, participants will be encouraged to turn unrecyclable printers into a pile of mangled plastic and metal.

Source: Christopher Wink, Technically Philly, Tayyib Smith, Little Giant Media, Robert Cheetham, Azavea
Writer: Sue Spolan

Optofluidics' technology combines fluids, light to develop better diagnostic tools

Flying Kite Media Tuesday, March 22, 2011

It's one minuscule step for molecules, one giant leap for mankind. Nanotechnology startup Optofluidics, Inc. has established offices at the University City Science Center's Port Business Incubator. The company aims to develop optical devices that keep biomolecules in place in their physiological state, says Optofluidic's Chief Technology Officer and co-founder, Bernardo Cordovez. "The product will be an instrument that houses and reads the chips that we make."

As the company name implies, Optofluidics uses the combination of fluids and light to detect, identify and manipulate biomolecules and nanomaterials. The idea of adding fluids to scientific optical devices is not a new one. Back in the 18th century, rotating pools of mercury were used to create smooth mirrors in reflecting telescopes. According to Cornell University's Erikson Lab, where Optofluidics co-founder David Erikson initiated research concepts for Optofluidics, new biosensing technologies follow advances in the identification of biomarkers associated with specific diseases and injuries. Two examples are the neurodegenerative diseases Alzheimer's and Parkinson's, which have eluded early detection. The kind of non-invasive nanotechnology that Optofluidics is developing, which will diagnose and detect biomarkers at very low levels, could enable diagnosis even before symptoms appear.

The National Science Foundation recently gave Optofluidics nearly $150,000 in a Small Business Innovation Research award. "The market opportunity is tremendous because most single molecule instrumentation is made for DNA, while nano-instrumentation for handling and studying proteins is still a bit behind," says Cordovez, who adds that Optofluidics' family of technologies has very strong commercial appeal.
Making the move to the Science Center was the easy part. Cordovez cites the University of Pennsylvania's strong biosciences department which will provide "a terrific future employee candidate pool." Philadelphia is slated to become a world leader in nanotechnology research, says Cordovez, with a planned world class nanofabrication center at Penn, scheduled for completion in the next few years.

Source: Bernard Cordovez, Optofluidics, Inc.
Writer: Sue Spolan

When you're underemployed, turn to The Front Section

Flying Kite Media Tuesday, March 15, 2011

What does an urban planner do while looking for a job? If you're Dan Casey, you create a dense daily digest of news with a focus on what people are not reading. The Front Section, says Casey, "is a byproduct of being direly underemployed and spending too much time online. I got tired of reading about America and American debates, and realized that I was following a lot of international news that my friends weren't." The Front Section is a densely packed and far more graphically pleasing alternative to web pages like The Drudge Report. Casey drew his inspiration from "a venerable site called Arts & Letters Daily that has a pleasantly tweedy high-culture tone and is all about Big Serious Ideas. When you load up the page, you start smelling pipe smoke and leather patches grow on your elbows.

"A faint taste of port creeps into your mouth; it's uncanny," says Casey, who felt he could fill a niche for a younger audience that is "decidedly to the left" of the Arts & Letters readership, but is still interested in good writing about the rest of the world. Casey says he took off from the overall A&L concept, but shifted its center of gravity. And added rap videos.

The site, based in Philadelphia and updated daily, attracts about a hundred visitors on an average day, but can draw thousands when it's linked from another site. Casey says the site is hosted by a generous friend, and is more of a community service than a money making proposition. Casey says his state of being underemployed may be about to change: "If I get one of these 'jobs' that I've heard so much about, maybe I'll have the chance to slow down and focus my reading, and rebuild my attention span, so the blog will probably change too. Stay tuned."

Source: Dan Casey, The Front Section
Writer: Sue Spolan

An incredibly more edible egg, thanks to Penn Vet school

Flying Kite Media Tuesday, March 01, 2011

The egg comes first in the conversation about food safety. Both poultry and egg production are on the rise in the US. According to the USDA's most recent Census of Agriculture, sales have increased 55 percent in the last decade. But it's egg safety that's in the news. On the heels of a massive egg recall last summer, University of Pennsylvania researchers have developed a new test to detect the presence of Salmonella in eggs.

Shelley Rankin, an Associate Professor of Microbiology at Penn's School of Veterinary Medicine, says the kit, which detects Salmonella enteritidis, or SE, a strain of Salmonella specific to eggs, provides results in just 27 hours. Rankin explains that the Food and Drug Administration's new Federal Egg Safety Program, instituted in July of last year, was based in part on the Pennsylvania Egg Quality Assurance Program (PEQAP), which was developed by Rankin and colleagues. "I wanted Pennsylvania to be the first state to get a novel, non-culture based test approved by the FDA for our producers to use," says Rankin.

Previous FDA guidelines required some expensive and laborious methods, taking up to ten days to see results. "At that point my colleagues and I within the PEQAP decided we should look for a better method," according to Rankin, whose team was able to identify a gene that is present only in SE. Working in collaboration with California based company Life Technologies, which already sells kits for detection of more than 2500 strains of Salmonella, the new kit focuses a laser, literally, on potential SE contamination. Polymerase Chain Reaction technology amplifies a small segment of the gene which lights up and is detectable via laser. If the light goes on, says Rankin, then SE is present. The Applied Biosystems TaqMan Salmonella enteritidis Detection Kit is FDA approved and contains 96 single-use tests.

"I chose to work with an industry partner to make that test available nationwide to improve the public health of the nation," adds Rankin. Plans are underway, says Rankin, to further reduce testing time from 27 to 12 hours.

Source: Shelley Rankin, PhD, University of Pennsylvania School of Veterinary Medicine
Writer: Sue Spolan

Startup game developer Play Eternal targets grown up gamers

Flying Kite Media Tuesday, March 01, 2011

Press the start button on Play Eternal, Philadelphia's newest game development company. Play Eternal hopes to create titles that are easy to pick up, play and, perhaps most important, put away. Lou Tranchitella, CEO of Play Eternal and father of three, says that while his company's larger target demographic is men aged 15 to 45, Play Eternal wants to think outside the XBox to create action for aging gamers in their 30s and 40s who have jobs, families and activities that take life beyond the screen. Tranchitella explains that Play Eternal AAA action adventure titles are slated to provide 10 to 12 hours of in-game time, whereas traditional titles in the genre may take up to 60 hours of play to resolve. The far lower price point of Play Eternal games is commensurate with shorter play. Forget lengthy tutorials and introductions, says Tranchitella, whose own gaming life now centers around casual games like Bejeweled, as increasing real life responsibilities prohibit full immersion.

Launched this week, Play Eternal hopes to be at the forefront of a growing trend for the city. "Two of the best game schools are Drexel and Penn," says Tranchitella, who notes that Drexel RePlay is ranked third in the nation for game development by the Princeton Review, and Penn has the only graduate program for game developers, but degreed gamers end up leaving the city for companies elsewhere.

Play Eternal's four principals are Tranchitella, COO Michael Worth, Chief Creative Officer Brandon Van Slyke, and Albert Vazquez, who is the company's Chief Technology Officer. While Play Eternal is not at liberty to discuss specific games under development, Tranchitella says the appeal to publishers is in both time and money: a shorter production interval between concept and finished product, and direct delivery to the consumer by download to console or PC, bypassing expensive packaging.

Play Eternal is a virtual company for now, but in the next month or so will announce a move into office space in University City. "Both Mike and I have family roots in Philadelphia," says Tranchitella, who grew up here and plans to position Play Eternal at the forefront of the city's growing gamer business community.

Source: Lou Tranchitella, Play Eternal
Writer: Sue Spolan

FLYING BYTES: CoverPuppy, You Had Me at Yo, Flower Children and House Party

Flying Kite Media Tuesday, March 01, 2011

Flying Bytes is innovation nuggets from throughout Greater Philadelphia:

VANITY FUR
Forget LOLcats. Now you can get LOLdogs, in the form of CoverPuppy, a new iPhone app that puts your mutt's mug on the cover of your favorite glossy rag. Spots Illustrated and Bone Appetit are just a few of the possibilities. For $1.99, you can download this latest offering from Philly's own ChatterBlast Labs and see your puppy's picture on the cover of Rolling Over. Share with friends via email, Facebook and Twitter. A portion of CoverPuppy proceeds goes to the ASPCA.

BELL IS BROKEN. PLEASE KNOCK.
This week the Greater Philadelphia Tourism Marketing Corporation announced the top-10 list of submissions for its With Love, Philadelphia XOXO Billboard Contest. It wasn't easy choosing from 2,711 entries sent in from all over the country (106 submissions with Rocky but only 19 mentions of Adrian). The top ten can be seen in a video roundup. Mary K.'s winning entry "Dear Philadelphia, You had me at Yo!" will adorn a billboard above I-95 by the Girard Avenue exit.

SEPTA SEEKS FLOWER CHILDREN
Get to Springtime in Paris via rail or bus. Going to the Philadelphia International Flower Show at the Pennsylvania Convention Center next week? SEPTA is encouraging visitors to leave cars at home and tiptoe through the tulips with a One Day or Family Independence Pass. SEPTA is also offering discounted tickets to the event, which runs March 6-13.

OPEN FOR GREAT MUSIC
No need to knock at JJ Tiziou's door. The Philadelphia photographer and supporter of the arts has announced the start of his 2011 house concert series at 4531 Osage Avenue. The April 2 lineup includes "pleasantly aggressive folk duo" Nervous But Excited from Ypsilanti, Michigan, and Washington DC's Tinsmith. As always, donations of money, food and drink are always welcome. Proceeds pay performers and also benefit the larger Philadelphia arts community.

Source: ChatterBlast, GPTMC, SEPTA, JJ Tiziou
Writer: Sue Spolan

FLYING BYTES: PHL to QUE, Drexel and Boeing, and Mutual Funds from Hedge Funds

Flying Kite Media Tuesday, February 15, 2011

Flying Bytes is innovation nuggets from around the region:

CALLING ALL FRANCOPHILE JETSETTERS
Get your beret and cafe au lait. This summer, US Airways starts direct flights from Philadelphia to Quebec City. The daily, year round service begins June 2 and offers three nonstop round trip flights. The quick trip to the Quebec capital is under 2 hours each way.

THE LONG AND $HORT OF IT
Turner Investments of Berwyn announced the launch this week of three alternative mutual funds that employ hedge fund strategies. The Medical Sciences Long/Short, the Market Neutral and the Titan Fund all rely on diversified long and short investments. Matt Glaser, who manages the Market Neutral, says the funds seek to deliver superior risk adjustment return for clients. "Post financial crisis investors are looking for ways to mitigate risk and lower volatility, so hedge funds, and mutual fund vehicles are here to stay."

EARLY TAKEOFF
Drexel University engineering students will be working on Boeing projects, thanks to a long term agreement signed this week between CDI-Aerospace and Boeing. Through the school's co-operative education program, students will be working on structural designs, software conversions and stress analysis for the CH-47 military helicopter, the V-22 Osprey vertical takeoff and landing aircraft and the Boeing 787 commercial transport aircraft.

STEAMPUNK ACTION
The Kensington Kinetic Sculpture Derby is back for its 5th year, and organizers have put out a call for entries. Last year, participants crafted a bicycle powered steam engine, a conveyance that catapulted paint filled balloons onto a canvas, pirate ships and dragons, all foot powered. If your passion lives at the intersection of biking and art, visit the Sculpture Derby's home page for guidelines and registration forms. The event takes place May 21, and submit your entry form by April 15 to get free T-shirts for your team.

Source: USAirways; Henry Pyatt, Kensington Kinetic Sculpture Derby; Matt Glaser, Turner Investments, CDI
Writer: Sue Spolan

Belgian Firm Makes Soft Landing at Science Center, Hiring Sales Rep for Natural Enzyme Applications

Nicolas Tuesday, February 15, 2011

You may not be famliar with papain, bromelain and ficin, but they are all naturally occurring enzymes extracted from fruit trees and plants and used in a wide range of applications, including beer, cancer treatments and contact lens cleaner.

The newest tenant at the University City Science Center's Port Business Incubator (3624 Market St.) specializes in production and commercialization of those compounds and is hoping its entry to the U.S. market is just as naturally occurring. Belgium-based Enzbyel International announced last week it established its U.S. office through the Science Center's Global Soft Landing program,

According to Science Center spokesperson Jeanne Mell, the Global Soft Landing program, which helps global companies establish a presence in local life sciences and IT markets, has engaged eight companies--a number that figures to get larger as the Science Center expandsd its Global Soft Landing space at 3711 Market Street.

Nicolas Chatelain is Enzybel's lone employee at the Science Center and will focus on business development. He says Enzybel is actively seeking a second employee for its Philadelphia operations

"We would like to hire (someone) as a sales representative for the food ingredient and neutraceutical industries as soon as possible," he says. "We are looking for an American candidate that will have at least a Bachelor's degree in Food Science Chemistry or related discipline."

In addition to growing its food processing accounts and prospecting new markets, Enzybel is hoping to set up a joint venture with a distributor for its wastewater solution.

Source: Nicolas Chatelain, Enzybel; Jeanne Mell, University City Science Center
Writer: Joe Petrucci

Ride-sharing platform Ridaroo debuts at Drexel, looks to hitch a ride with other schools

Flying Kite Tuesday, November 30, 2010

It's holiday time again and students at college campuses across the U.S. will be huddled around their local ride board looking for a convenient carpool to drive them over the river and through the woods. As former Drexel University business students, Andy Guy and Aksel Gungor were in that rabble once. But thanks to their new internet platform Ridaroo, a digital answer to the college bulletin board, university students may soon be able to bypass this holiday huddle and get on the road a little faster.

"We built Ridaroo here at Drexel initially as an answer to the co-op office's ride board," says Guy. "But we quickly realized there was a wider market for a product like this at universities, corporations and a lot of other entities and when we started expanding our horizons, we realized there was an opportunity to make this a real business."

Using Facebook and Google Maps, Ridaroo allows students to connect, share routes and meet up out on the road. Guy and Gungor hope to expand accessibility with smartphones, optimizing the site for mobile phones. As they get the word out through Drexel and other universities, Guy and Gungor are examining other applications, working with businesses and government agencies to start carpool programs for workers. Businesses and universities pay a subscription fee and Guy and Gungor admit that they are still learning how to bring the service to a new location. But once the pilot program is complete, they are confident they will be hitching a ride at college and business campuses across the country.

"Our goal is to go out to the local universities and get somewhere in the range of a dozen schools," says Guy. "At that level, we would feel confident knowing we had proven ourselves in the market. Then it's time to really go after a nationwide effort."

Source: Andy Guy, Ridaroo
Writer: John Steele

Enterprise Center's Retail Resource Network hosts Visual Merchandise Workshop for Black Friday

Flying Kite Tuesday, November 16, 2010

The day after Thanksgiving has become as sacred to retailers as any nationally-recognized holiday. The revenue they reap can make up for an entire year of lackluster sales. With another Black Friday approaching, the Enterprise Center's Retail Resource Network (RRN) wants to ensure that Philadelphia's commercial corridors get the most they can out of this holiest of shopping days. This Wednesday (Nov. 17), RRN hosts the Visual Merchandising Workshop, an annual event to help retailers with everything from holiday window displays to store layouts, all in the name of a successful holiday season.

"This workshop touches on the psychology of the shopper," says Retail Resource Network Director Andy Toy. "How you light your storefront, the types of colors you use, the way the aisles are laid out. If done right, it will definitely increase the amount of sales a business can make per shopper and just get people in the store."

The Retail Resource Network is a division of the Enterprise Center that helps retail businesses around the city connect with the resources they need--whether it be funding, consulting or supply chain--to be successful. Toy says that simple things--not having too many stickers on your windows, creating wider aisles--can have a great impact on business. Not only do these workshops seek to help retailers but if the Enterprise Center can target the Black Friday mobs to one store, their hope is that traffic to the rest of the commercial corridor would increase, making it a Happy Holiday for the whole neighborhood.

"If we improve one storefront on a commercial corridor, we will bring more people to that area," says Toy. "That helps improve business for all the stores, makes it safer because there are more people on the street and encourages others to do likewise."

Source: Andy Toy, Retail Resource Network
Writer: John Steele

AlumiFuel goes global with $7.5M in financing, eyes expansion of hydrogen-based projects

Flying Kite Tuesday, November 09, 2010

In Scotland two weeks ago, the Scottish Police Service agreed to European firm ITM Power's Hydrogen On-Site Trials, a test of hydrogen fuel cell technology and fueling stations. The trials, scheduled for early 2011, will also be conducted in England (Sheffield and Southampton). The trials are one of thousands of hydrogen-based projects going on across Europe. And Drexel University-spinoff company AlumiFuel Power--the company responsible for aluminum-powder capsules that, when delivered to water, create valuable hydrogen and steam--plans to be involved. This week, AlumiFuel announced the sale of $7.5 million in common stock of its majority-owned subsidiary, AlumiFuel Power International. The sale, officials say, will allow the company to expand internationally.

"This Memorandum of Understanding is the first step in our goal to broaden our reach outside of North America and provide access to capital for expansion of our product development and marketing activities," says Alumifuel CEO Henry Fong.

While much of the company's business currently focuses on lift-gas for weather balloons and flameless heaters, executives hope to expand the use of these cylinder capsules in back-up and auxiliary power for fuel cells and turbines. But they will have to act fast, as hydrogen is rapidly catching on in key worldwide markets.

"While we must still conduct further due diligence, we believe this can be accomplished in a relatively short time-frame for a deal of this nature," says Fong. "The creation of AlumiFuel International and this funding, if successfully completed, will allow us to expand our reach internationally and raise significant capital to fund our operations."

Source: Henry Fong, AlumiFuel Power
Writer: John Steele

With city financing, BuLogics to install energy-saving gadgets at Philly institutions

Flying Kite Tuesday, November 09, 2010

When most guys play pool, they talk about girls, music, sports; but when Drexel University electrical engineering grad students Ryan Buchert and Dr. Michael Balog gathered to shoot stick in their basement in 2003, the conversation was a bit more complex. Just as a stick is used to strike one ball against another into the pocket, the pair posited, what if all our tools could be controlled wirelessly, for simpler device management?

Those late-night pool games became the vision for BuLogics, a green gadget firm allowing for wireless control of everything from lights to smoke detectors. This week, the Greenworks Pilot Energy Technology Program--the first pilot program for the Greater Philadelphia Innovation Cluster--announced an award of $175,000 to help these energy-efficient electricians bring light controls and metering technology to the Navy Yard in South Philly and the Inn at Penn in University City.

"Energy costs keep going up and small businesses are suffering because of that," says BuLogics CEO Mirka Walczak. "Everyone is on the bandwagon of reducing parasitic power and we have a solution in place will offer better control and allow them to really keep an eye on that usage."

For these two commercial institutions, BuLogics starts with the Smart-Grid controller--"the glue that holds it all together" says Walczak--that allows all devices to run through the same command center and be monitored for energy consumption. This, along with metering power strips and wireless transponders, gives office and hotel managers the power to run a more efficient business.

"When you lock up the door for the last time, you can punch in a code that shuts off the power to all the devices and lock the doors and the thermostat gets set back," says Director of Operations Jennifer Doebler. " I think that automation piece that makes energy management so much simpler is what makes our technology a little more comprehensive and a little more desirable, especially in commercial applications like the Navy Yard."

Source: Mirka Walczak, Bulogics
Writer: John Steele