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New Philly HQ for medical device firm Echo Therapeutics, hiring 25

Medical device company Echo Therapeutics has set up corporate headquarters in Philadelphia, and plans to hire 25 employees in the next year, according to CEO Patrick Mooney. The company is developing two devices, Prelude and Symphony, which offer a painless alternative to both blood glucose monitoring and drug delivery. The company has just announced the appointment of a CFO, creating a third member of the management team.

Life as a diabetic involves the sight of one's own blood, and a little bit of discomfort every time the needle pierces skin. Now imagine that part of the equation removed, replaced with a needle-free mechanism that can test blood sugar levels transdermally. Echo's Synmphony device gathers information transdermally and transmits it wirelessly.

"The tip looks like a little thimble, and there's a microprocessor inside the device that calculates the level of resistance. The thimble spins, removing dead skin. You don't feel anything, but it stops when it gets to live skin. Now you are literally on top of blood vessels and nerve endings, just microns away from live tissue," explains Mooney, a former surgeon who left medicine to work on Wall Street, and is now marrying his two career paths at the helm of the life sciences startup.

Echo's other device is a transdermal drug delivery system. The Prelude also takes advantage of that exact spot at the juncture of dead and live tissue to get drugs to the body without needles. Right now, the Prelude is being tested with lidocaine, a numbing agent, but the possibilities are vast.

The technology for the Prelude and Symphony was developed at MIT in Massachusetts by Dr. Bob Langer, and the manufacturing side of the business will remain in the Boston area. "I am from Philadelphia originally," says Pat Mooney of the corporate move to this area. "Philadelphia is in a great spot for biotech." Mooney calls the city a sweet spot for his pre-revenue company, citing the proximity of major pharmaceuticals, money managers in New York City, regulators in Washington, DC, and labs in Boston. Echo has just released its first quarter results, showing positive numbers across the board.

Source: Patrick Mooney, MD, Echo Therapeutics
Writer: Sue Spolan

Business leaders name area's top tech companies at PACT Enterprise Awards

It was like swimming in a sea of money. On May 4, The Greater Philadelphia Alliance for Capital and Technologies hosted the 18th Annual Enterprise Awards. About a thousand business leaders and executives attended. Beginning with a VIP reception, the kudos flowed as easily as the cocktails, while down the hall a larger food and drink fest filled with tuxedo and evening gown clad representatives from Philadelphia's top law and finance firms, who networked with the area's best and brightest entrepreneurs and incubators.

Out of 27 nominees, these are the results: the Life Sciences Startup Company award went to CareKinesis, Philly's top Technology Startup Company of 2011 is Monetate, an eCommerce leader that runs websites for Urban Outfitters and QVC; the area's Emerging Life Sciences Company was NuPathe, which works on branded therapeutics for diseases of the central nervous system; SevOne was named Emerging Technology Company, following a 2009 PACT award for Tech Startup, and this year's award for a MedTech Pioneering Company was sewn up by medical device provider Teleflex.

The award for MedTech Product Innovation went to Siemens Healthcare. The venerated Morgan Lewis attorney Stephen M. Goodman received the Legend Award for his many years assisting entrepreneurs; the IT Innovator Award of Excellence went to Lockheed Martin, Information Systems & Global Solutions � Defense, based in Maryland but with offices in King of Prussia. The Investment Deal of the Year went to Safeguard Scientifics for the acquisition of Clarient Inc., formerly in Safeguard's portfolio, purchased by GE Healthcare for $144 million. "It was a spectacular dinner," says attorney Michael Heller, one of the evening's presenters and Chair of Business Law at Cozen O'Connor. "It was wonderful to see such a terrific turnout among the venture capital community. The region is more active today than it was a year ago, and there's more excitement in the air regarding the VC community."

PACT judges named James Walker of Octagon Research Solutions Technology CEO of the Year; Life Sciences Company of the Year was Health Advocate, and ICG Commerce beat out HTH Worldwide and Qlik Tech to win Technology Company of the Year.

Prior to the event, three CleanTech Companies to Watch were named: ElectroPetroleum, NovaThermal Energy, and Viridity Energy. Video of the entire event is available here.

Source: Michael Heller, Cozen O'Connor; PACT Enterprise Awards
Writer: Sue Spolan

Photo : Attorney Stephen M. Goodman

Port 127 game designers create an engaging ride in Hipster City

There's a new smartphone game in town, literally. If you've had enough of the aggravated avians, get on your virtual two wheeler and pedal over to Hipster City Cycle. And unlike Angry Birds, Hipster City has a narrative. "You start out living in Center City with a job as a paralegal," explains Port 127's design and coding team leader Michael Highland. "The goal is to blow all of your savings partying with friends and buying bike parts. As you move from neighborhood to neighborhood, the rent gets cheaper. We're turning the normal game progression around so that in Hipster City, you do something and get less." The final goal is to turn Binky McKee into a penniless cycling legend.

Highland sees Hipster City as more of an art piece, with an original throwback 16 bit soundtrack and very basic graphics that do a remarkably good job depicting the details of Philly neighborhoods. Graphic designer Keith McKnight faithfully recreated the orange tables at Pat's King of Steaks in South Philly, and in West Philly, you ride past hipster/student landmarks Koch's Deli, Allegro Pizza and Clark Park. At one point in the Northern Liberties map, you get to ride right on the El tracks, which Highland admits he's done in real life.

Highland says the game will officially launch for iPhone on May 19, and will take the average user about 10 hours to get to the end of the game, which also allows for competition with other players if you get lonely on the open road. Hipster City is simple to pick up, and meant to be played a few minutes at a time, taking the play through four Philadelphia neighborhoods in the process.

Highland, Kevin Jenkins and Keith McKnight all met at the University of Pennsylvania, and Alex Alsup went to Skidmore but is from this area. "Biking is nice, but harrowing at times," explains Highland when asked why the team chose cycling as a focus. "When I bike in Philly, my adrenaline is really high and I am in fight or flight mode."

Hipster City, which is entirely self-funded, also touched on a great marketing initiative which has brought them a lot of buzz without a lot of cash. Last fall, the group set up photo booths at events around the city, includings First Friday, and captured images of hundreds of local hipsters vying to become pixelated characters. There's a contest right now on the website: Visitors vote for their favorite three real people, and the top vote getters get to live forever in Hipster City. And, says Highland, cyclists from all over the world are spreading the buzz on biking forums.

"We're getting a lot of attention on international cycling boards and we're hearing that people in Taiwan and Dubai are excited to have the game."

Hipster City is unique among iPhone games in that it features a real world location, and Highland hints that other cities may soon be hipsterized as well.

Source: Michael Highland, Hipster City Cycle
Writer: Sue Spolan


Malvern biopharma startup Vicept on fast-track to get the red out

Rosacea is not a life threatening condition, but the facial redness of the disorder can be embarrassing enough to make a sufferer want to die. Rosacea is characterized by a red blush, spidery veins and acne-like pustules on the face. The condition may be intermittent or long term. Malvern-based Vicept is a specialty biopharmaceutical startup that has developed a topical cream that treats the most obvious symptom of the facial condition.

"There's nothing right now on the market that's strictly indicated for the treatment of the redness of rosacea," explains Vicept Director, President and CEO Neal Walker, MD. With $16 million in Investigational New Drug (IND) capital raised during a very tough time for the economy and for life sciences investment in particular, Vicept's prescription cream is an easy fix compared to other rosacea treatments on the market, none of which address the symptom of redness. Laser procedures are considered cosmetic and are not reimbursed by insurance; Oracea, a low dose antibiotic in pill form, affects the whole body and only targets the bumps and pimples, not the redness, according to Walker.

In contrast, Vicept's as-yet unnamed product goes after receptors in facial blood vessels, clamping them down with a vasoconstrictor mechanism and blanching out the redness. Walker is a practicing dermatologist and reports that the active ingredient in the cream has been around since the 1960s, and was originally in Afrin nasal spray.

Vicept has completed Phase 2 clinical studies and is ready to move on to Phase 3 as it continues to move the product along in development, talking with different types of potential partners for distribution both in North America and globally. The fast track company, founded in 2009, has seven full time employees and is nominated for a PACT Enterprise Award this year. Walker says he expects the prescription cream to be available within the next few years.

Source: Neal Walker, MD, Vicept
Writer: Sue Spolan

Bucks County Joomla developer Sitecats expands into Doylestown, hiring

You know a company understands customer service when its phone number is right at the top of the site. Sitecats Web Design must be on the right track, since it has grown out of its former office and set its sights on a larger market. The company, according to founder and owner John Ralston, was originally structured as a traditional freelance web design company, but with the advent of user friendly content management programs such as Joomla and Wordpress, he saw a business model that would allow customers to have the freedom to edit and create their own content.

"We're very proud that we have stuck with Joomla, and have become the area's authority on this CMS, based on our many hours of creating great sites with it. No other CMS has over 7000 powerful modules and components for just about anything a customer needs to do."

Formerly based in Souderton, Sitecats recently expanded to offices in Doylestown, where it counts among its clients Alderfer Meats,  Landis Supermarket, and the Heritage Foundation. The company is now centrally located by the Bucks County Courthouse with 9-to-5 hours "and a landline," adds John, who runs the company with his son Jeremy Ralston. Right now, Sitecats employs five, soon to be six.

"If our projections are right, we'll need to hire a new employee every quarter in 2012, after we're dug into the fiber of the Doylestown scene, according to Ralston.

Some marketing wisdom from Sitecats: when you're out networking, always sit at the table where you know the fewest people. Get heavily involved in the local scene.

'I started with the Main Streets group in Souderton, joined chamber committees, and even co-founded a brand new and very successful business networking group," says John. "We also advertise on local radio WNPV, where I have my own show Mondays at 11 a.m., that focuses on non-profits like Keystone Opportunity Center and Manna on Main Street."

Sitecats clients can sign up for training classes in Joomla along with the company's traditional offerings of site hosting and development.

Source: John Ralston, Sitecats
Writer: Sue Spolan

Bresslergroup bringing Kitchen 2.0 to a smarthome near you, hiring

Kitchens haven't changed much in the past 40 years. Think about it: Aside from primarily cosmetic bells and whistles like digital readouts on ovens and refrigerators, the microwave oven was the last big addition to the culinary arsenal. And that was back in the 1970s. Numerous attempts to bring the internet to the kitchen have been unsuccessful. No consumer seems to agree with manufacturers who have tried and failed to innovate kitchen design.

Rob Tannen, director of research and interface design, and Mathieu Turpault, director of design at Bresslergroup, are actively trying to figure out how high tech can improve the kitchen in a way that consumers will love. Turpault was surprised to find out the small role that end user input figured into the kitchen of the future. "A lot of appliance makers are fishing for ways to make connectivity relevant, but they've approached the problem from a technological standpoint, so their solution is to slap a touch screen on the refrigerator door."

Bresslergroup is a growing product design firm that works with major manufacturers like Black & Decker, GE, Dewalt, and Bosch, and designs medical products as well as consumer appliances. The Philadelphia company, in business for 40 years, has launched what it calls Kitchen 2.0, a research project that aims to advance three areas of kitchen design: Eco, Technology and Modularity. The results of the research are available on a webinar.

"The biggest changes in the kitchen have been architectural," says Tannen, who points to the popularity of the kitchen island. To get to the world of Kitchen 2.0, Bresslergroup did a sort of anthroplogical study, examining the smallest components of workflow, activities and social habits in both urban apartments and suburban homes. They came up with the MySpice smartphone app, now in the planning stages, which interfaces with a camera that sends pictures of the inside of the fridge for viewing at the store. They conceived of a modular storage unit that doubles as a dishwasher and can be loaded from the dining room. "The end product of this is the ideas," says Tannen of the Kitchen 2.0 project, which he terms an exercise in design thinking. The company is headed in the right direction, experiencing steady growth for the past five years, and now on the lookout to fill two open positions, a user interface designer and a design manager, to join the team headquartered at The Marketplace Design Center in Center City.

Source: Rob Tannen, Mathieu Turpault, Bresslergroup
Writer: Sue Spolan


Center City's Specticast set to revolutionize film distribution

It all started in a community screening room for Specticast, an all digital private network company that distributes film and cultural arts events via set-top boxes. Based in Center City, the company uses an efficient internet protocol rather than satellite to distribute programming such as simulcast concerts from The Philadelphia Orchestra and independent full length features. Mark Rupp, COO and co-founder of Specticast, says they're broadcasting to about 80 outfits right now, including The Bryn Mawr Film Institute and senior living communities like Waverly and the Quadrangle. By the end of the year, the company hopes to increase its reach to 200 outlets. The company also offers concerts from The Curtis Institute and broadcasts of Michael Smerconish's book club.

You may wonder if this is the same company that distributes simulcasts of the opera at movie theaters. "We are not the opera," says Rupp. "Our Digital Theater Network is a very different technology from the Met. They are done over satellite and distributed to the big chains." Instead, Specticast aims for the art house crowd, so outlets like The Bala Theater and The County Theater in Doyletown are prime targets. Specticast serves similar theaters across the country, and is aiming for a global presence with its plug and play technology.

Traditionally, says Rupp, movies are distributed as 35 mm prints, which are very expensive to create, ship and insure. "When our technology comes in, it fills a gap," says Rupp. Specticast can provide the same film digitally for pennies on the dollar on a 10 mpbs downlink. Subscribers pay a refundable $395 deposit for the set top box, and theatrical license fees that range from $250-$1,000 per film. For films and events that generate revenue in theaters, Specticast gets a percentage of the gross gate. The film or live streaming event is delivered to a 250 gig set top box, and is remotely deleted at the end of the rental period.

Specticast just announced a partnership with indie film distributor Monterey Media, which will open the door to a lot more feature film content, and with Monterey's Hollywood connections, Rupp expects that it won't be long before Specticast will be able to exponentially expand offerings through agreements with other independent distributors.

Source: Mark Rupp, Specticast
Writer: Sue Spolan

Mount Laurel company's incredible shrinking video technology means savings in surveillance

Let's say you're a particularly nosy busybody and want to keep tabs on an entire city: Full surveillance, 24/7, 30 images per second. It won't be long before all that data adds up to a whole lot of server space. TimeSight Systems has developed a clever solution. TimeSight's next generation surveillance technology is based on time sensitivity.

Chuck Foley, CEO of Mt. Laurel NJ based TimeSight, says, "What we've realized in the world of surveillance is that there is a natural time value to video." He explains that surveillance video is most valuable in the minutes and hours after it's shot. Time mitigates risk, says Foley. The older the video gets, the less value it holds, so there are declining levels of risk. "We've developed technology that allows you to literally shrink video over time by setting rules," says Foley of his company's Video Lifecycle Management software. "A company can keep video for a day or two at the highest quality; afterward, they can compress that video to half its original size, and keep it for 30 days. They may compress it again, so the life cycle refers to how that video declines in value over time." This compression schedule allows a company to get back precious server space. TimeSight can slash the amount of storage required by about 90 percent, translating into far smaller investments and footprints, and the method makes sense to a lot of major concerns, including cities, schools, and casinos across North America. TimeSight counts The City of Philadelphia and Paramount Pictures as customers.

TimeSight has attracted the attention of major venture capitalists, including New Venture Partners and Contour Venture Partners. "We've been able to do in software what others have done in hardware," says Foley, who says the Video Lifecycle Management program can process massive amounts of video from both legacy cameras as well as newer IP-networked cameras in a standard off-the-shelf server, making storage of high resolution images economically viable for a wide range of clients. TimeSight has been selected as a Technology Startup Company finalist at The Greater Philadelphia Alliance for Capital and Technologies (PACT) Enterprise Awards. Winners will be announced at a ceremony on May 4.

Source: Chuck Foley, TimeSight Systems
Writer: Sue Spolan


Navy Yard's Mark Group hiring for 70 energy efficiency jobs

The Mark Group, a UK company with recently opened North American headquarters at The Philadelphia Navy Yard, is hiring big time. And training, too. The Mark Group is looking for 60 to 70 new hires who can be trained to go out in the field as energy efficiency experts. The company, which concentrates on the residential market, recommends and completes refitting and repairs to make homes more comfortable and cheaper to run. Chief Operating Officer Dave Hopkins says Mark Group's average fee is $2,500, which will be returned in cost savings in two to three years.

Last week, The Mark Group graduated its first class of students at its North American Energy Efficiency Training Academy. The facility, developed with the support of a $192,000 grant from the Philadelphia Workforce Development Corporation, is sending out workers who can enter a home and go places even the homeowner may never have gone, like attics and crawl spaces, to identify and fix problems like leaks and drafts. Hopkins says the company is training and hiring two types of employees: assessors and technicians.

Since The Mark Group's US launch in November 2010, 40 people have been hired, and by year's end, The Mark Group will have over 100 employees out and about in the Delaware Valley, including New Jersey and Delaware. The parent company has a presence in 20 countries worldwide, and chose Philadelphia as its first stop in the US, thanks to assistance at the state level from the Pennsylvania Department of Community and Economic Development, and locally from Select Greater Philadelphia. "We have plans to expand to the Pittsburgh market, Newark, New Jersey and Baltimore," says Hopkins.

So far, The Mark Group has relied on word of mouth referrals and a favorable article in the Philadelphia Inquirer, and next month expects to launch a marketing campaign. The company has also signed an exclusive deal with Prudential Fox & Roach Realtors to provide energy efficiency services to the agency's clients.

Source: Dave Hopkins, The Mark Group
Writer: Sue Spolan


Viridity teams with Jefferson on smart grid, big battery

Thomas Jefferson University takes up a pretty big footprint in Center City, with a 13 acre campus just west of Washington Square. This week, Viridity Energy announced that it's partnering with Jefferson to provide an innovative energy storage program to optimize the University power grid.

On the heels of a smart grid project for SEPTA, Conshohocken-based Viridity approached Jefferson to gauge interest in a two-part program aimed at achieving optimal value from the school's wind power purchase. Audrey Zibelman, President and CEO of Viridity, notes that Jefferson is very forward looking in terms of how to manage energy, citing the university's recent acquisition of one-third of the electricity supply from Iberdrola Renewables' 102 megawatt Locust Ridge II wind power project located in Schuylkill County.

"Hospital demand is pretty flat. It doesn't peak. It's round the clock," explains Zibelman. But wind power is intermittent, and tends to be strongest at night. Sometimes the transmission system between the wind farm and the hospital is unavailable due to congestion. The environmentally-friendly solution is a giant battery to be installed on-site, which will store wind power when it's cheapest and most abundant, coupled with Viridity's dynamic load control optimization system. Viridity's proprietary VPower smart grid platform combines software with hardware to balance system loads, so that Jefferson can get the most cost efficient combination of wind power and traditional electric. When there is a surplus, VPower is set up to sell the energy back to the grid for a profit.

Zibelman says right now the project is in the planning stages. The company is in the market for a 1 to 1.5 megawatt battery, ranging in price from $750,000 to $3 million depending on vendor, chemistry, capacity and peripherals.

 "The battery will not always be providing physical reliability," says Zibelman, "but it will always provide economic reliability. It's a revenue source that pays for itself." Jefferson's combination of Viridity's VPower technology coupled with the giant battery will create a micro energy community in the heart of Center City.

Source: Audrey Zibelman, Viridity Energy
Writer: Sue Spolan


Gift of $20M in rare manuscripts allows Penn to boost pages, pageviews, hire curator

University of Pennsylvania alum Larry Schoenberg has been collecting manuscripts for decades, and over the past twenty years has been sharing parts of his collection with scholars at his alma mater. This week, Penn Libraries announced the acquisition of 280 medieval and Renaissance manuscripts from Schoenberg, valued at $20 million, and part of the agreement is the creation of The Schoenberg Institute for Manuscript Studies.

Philadelphia is an international mecca for rare books, with world class collections at The Free Library of Philadelphia (the largest with over 2,000 manuscripts), The Library Company of Philadelphia, The Rosenbach Museum, and Bryn Mawr College. The Philadelphia Area Consortium of Special Collections Libraries lists 35 members.

Back at Penn, the goal with the Schoenberg Collection is to digitize the whole thing so that anyone in the world can access these historic documents without having to come to Philadelphia. Right now, the online collection is scattered among several sites, and with the exception of the recently launched Penn in Hand, many of the manuscript indexing pages are difficult to navigate.

"What we've done is made a commitment to the Schoenbergs to recatalog all the manuscripts according to the library standard," says Joe Zucca, Director for Planning and Communication for Penn Libraries.

The goal is to have all items scanned by 2012 to meld with Schoenberg's philosophy of combining rare and unique material with digital technology. Meanwhile, says David McKnight, the Director of the Rare Book & Manuscript Library, the 6th floor of Penn's Van Pelt is now undergoing an estimated $18 million renovation of the 6th floor, the Special Collections Center, to serve as home for the new institute, which will include classrooms and a digital media lab. McKnight is actively looking to hire a curator for The Schoenberg Institute, and is optimistic that the library can fill the position by the beginning of the new academic year. McKnight says that in addition to digital access, the Institute and its holdings will also be open to the public.

Source: Joe Zucca, David McKnight, Penn Libraries
Writer: Sue Spolan

CHOP Idol: Seacrest creates multimedia center at Children's Hospital

Ryan Seacrest! Is awesome! The media mogul has chosen Children's Hospital of Philadelphia to build The Voice, a state of the art multimedia studio. The Voice, a freestanding broadcast center funded by The Ryan Seacrest Foundation, is being built in the main lobby of CHOP, in the Colket Atrium. It will be accessible from the hospital's 34th street entrance and will serve CHOP patients and their visitors and families as a much-needed distraction.

Elana Brewer, CHOP's Director of Child Life, Education and Creative Arts Therapy, explains the setup: "Within the actual physical studio, there is a space designed for a DJ, as well as tabletop space for up to five patients, family members, siblings, celebrity visitors or guests to interact with the DJ."

Off mic, there will be additional seating for children who want to come to the studio but may be less inclined to jump on the mic. Two video cameras will capture the action in the studio, and the entire audio and video feed will be available throughout the internal TV system in the hospital buildings. Due to legal and privacy issues, Brewer says The Voice broadcasts will be strictly in-house, aimed exclusively at patients, families, friends and staff.

The Voice is designed so that passers by in the lobby can peer in through the curved glass partition, and its location in the atrium means that rooms and balconies overlooking the vast open space will have a direct line of sight into the broadcast center.

Brewer explains that tween, teen and young adult patients are the target audience for participation. It's a bit of a forgotten age, because younger children use playrooms, but there's not a lot to keep the older set happily occupied. "It's a great distraction," says Brewer. "The chance to use a state of the art studio will have a normalizing effect, and will give patients a sense of control often lost in the hospital environment." Brewer looks to The Voice as a creative outlet and a great opportunity for socialization, which is especially important for the adolescent population. Kids who are unable to leave their rooms will still be able to participate through on-air trivia quizzes and giveaways.
Seacrest selected CHOP as the second children's hospital in the country to be outfitted with The Voice. The flagship is at Children's Healthcare of Atlanta Pediatric Hospital. The Philadelphia location is scheduled to go live this summer.

Source: Elana Brewer, CHOP
Writer: Sue Spolan

Philly native and tech scribe Steven Levy gets close, still respects Google in the morning

Steven Levy is coming home to Philadelphia to talk about his new book, In the Plex: How Google Thinks, Works, and Shapes Our Lives. Levy, who grew up in West Oak Lane and wrote for Philadelphia's early alternative weeklies in the 1970s, is now a senior writer for Wired Magazine and former chief technology writer and senior editor for Newsweek. He will be a guest of the World Affairs Council this Thursday, April 14, as part of a speaker series that draws international talent to Philadelphia. The event begins with a reception at 6:15 p.m., and Levy will sit down with Philadelphia Daily News music and technology writer Jonathan Takiff at the Arden Theater Company starting at 7.

Levy was given unprecedented access to the inner workings of Google's Mountain View, Calif., headquarters, also known as the Googleplex, where employees are treated to 3 meals a day, massages, haircuts and laundry service. Levy also traveled with young company managers on a world tour that provided an intimate view of cultural and technological thinking at the top.

While there are already several well regarded bestsellers on the business of Google, Levy says his perspective is a new one. "The honeymoon's over. No question about that. The halo has a few dents in it. It's an interesting time to be immersed in Google," says Levy, who sees the company having to come to grips with its immense power. "David has become Goliath. It's attractive and feisty when the little guy wants to do something audacious, but when the big guy wants to achieve the same things, it's a different story." Levy cites the company's longtime desire to digitize every book in the world, and how the initiative has sparked court battles, drawing opposition from unlikely corners, including Arlo Guthrie's lawyer.

Levy addresses the future of the massive company, which started out revolutionizing search but has expanded everywhere, even developing self driving cars. "Google has to do what no company in the technological arena has done," says Levy, who terms it the innovator's dilemma. "If some company leads and dominates by technological advance in one period, they are at a disadvantage to lead in the next period. They are so successful at what they do that they have a vested interest in maintaining their dominance. What's next will topple the current leader."

After all that intimacy, Levy still respects Google in the morning. "It's still an amazing company. As a company gets big, it changes. Google knew I'd come out writing about a few warts. By and large, I use the products myself." As far as Google's early creed of "Don't Be Evil," Levy says executives don't say it anymore, but it is still very much a part of the company's DNA.

Levy's Thursday evening talk will also address recent management shakeups at Google, as well as the company's influence on global political issues, such as the controversy in China.

Source: Steven Levy, Wired Magazine
Writer: Sue Spolan
Photo: Marion Ettlinger

Safeguard drops $25M on chip-enabled eyeglasses

Eyeglasses are about to change dramatically, thanks to a major investment by Safeguard Scientifics. The Wayne-based holding company, in an effort to expand its footprint in life sciences investments, announced that it has provided $25 million plus an additional $10 million in venture debt to PixelOptics, a medical technology company in Roanoke, Va., for its emPower! line of chip-enabled glasses aimed at bifocal and progressive lens wearers, of which there are a total of 100 million in the US alone. Safeguard's Senior Vice President and Managing Director in the Life Sciences Group, Gary Kurtzman MD, notes that investment in life sciences start ups is shrinking, and Safeguard is seeking new opportunities by getting into consumer-driven companies like PixelOptics.

Rather than divide eyeglasses so that the top section is corrective and the bottom section is for reading, emPower! glasses rely on a chip embedded in the frame which electronically transforms the focus of the entire lens from corrective to reading power at a touch. The chip is powered by a battery which lasts at least two years and requires recharging every three days.

Kurtzman says the new eyeglass technology has significant near term potential both as a product and for revenue, citing a low regulatory bar, a big market, and the fact that the product is ready to go to market. "We think it has all the features of an ideal investment," says Kurtzman of PixelOptics' new product, the result of 12 years of research.

Kurtzman, who is already wearing a pair of the glasses, is impressed that he can use the entire lens for either purpose. "There is a small liquid crystal embedded in the glass of the lens. If I need it, I turn it on and it's there." He reports that the glasses are the same weight as their conventional counterparts, and the company is initially rolling out 36 different frames, competitively priced, in a variety of shapes and colors. Kurtzman says emPower! frames will be available in the Philadelphia area within six months.

Source: Gary Kurtzman MD, Safeguard Scientifics
Writer: Sue Spolan

Philadelphia International Festival of the Arts kicks off this week with giant squid

Dan Schimmel's head might be in augmented reality, but the picture is pretty clear to him.

"Right now there's a giant, 100 foot squid hovering over the falls at Boat House Row," says the director of Breadboard, the art and technology program at Science Center that oversees the Esther Klein Gallery. Breadboard is participating in the Philadelphia International Festival of the Arts (PIFA) with the free citywide VPAP@PIFA, the Virtual Public Art Project. Granted, explains Schimmel, you need a smartphone or other mobile device to see the Augmented Reality squid. "That's somewhat foreign to people, but this is where society's headed."

PIFA is about to overtake the city like a giant encornet (that's French for squid) with over 135 events, running from April 7 to May 1. If bright lights in the big city get you going, check out the 81 foot Eiffel Tower replica at the Kimmel Center, which serves as festival headquarters, with a light show daily at 7 and 10 p.m. The theme of PIFA is Paris 1911, tying in with the recent French-flavored Philadelphia International Flower Show. All over the city, you can catch performances, lectures, dance parties, installations, readings, a fashion show and eleven French chefs in residence at area restaurants.

The $10 million extravaganza showcases local and international talent. Visit a day-long free Parisian street fair April 30 on Broad Street where you can ride a giant Ferris Wheel and enjoy a multitude of acts including Sharon Jones and the Dap Kings. PIFA is also sponsoring daily wine tastings, crepe samples, free concerts, and French lessons.

Philly-Paris Lockdown, on April 17 at 8 PM at the Kimmel, features Philly's own ?uestlove of The Roots along with singer-songwriter Keren Ann, followed by an underground afterparty. Fourth Wall Arts hosts a special Salon on April 23 at the newly opened National Museum of American Jewish History on Independence Mall, featuring Ursula Rucker, Mimi Stillman and muralist David Guinn.

JJ Tiziou's How Philly Moves, which just raised $26,000 in a Kickstarter Campaign, will be projecting massive images of Philadelphia's dancers on the side of the Kimmel throughout the festival. Hope: An Oratorio, is a work PIFA commissioned by composer Jonathan Leshnoff, to be performed April 24, performed by The Chamber Orchestra of Philadelphia, along with four soloists, the Pennsylvania Girlchoir and the Mendelssohn Club of Philadelphia.

The Painted Bride, The Philadelphia Orchestra, The Slought Foundation, the African-American Museum in Philadelphia, The Philadelphia Museum of Art, WXPN, Philadelphia's Magic Garden, and the Independence Seaport Museum are just a few of the many PIFA sponsors and event hosts. Get detailed program information, tickets, and download a festival brochure at the PIFA website. PIFA, along with the GPTMC, is also offering hotel and ticket packages for the festival.

Source: Dan Schimmel, Breadboard; PIFA; GPTMC
Writer: Sue Spolan

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