Archive for April, 2010
Friday, April 30th, 2010
 Tim Berners-Lee at W3C WWW2010 conference in Raleigh
By Allan Maurer
RALEIGH, NC – Increasingly, technologies are turning the Web browser into a computing platform and future Web apps “Are very much ripe for entrepreneurship,” said Tim Berners-Lee, director of the World Wide Web Consortium (W3C) at the WWW2010 conference in Raleigh.
Berners-Lee, inventor of the World Wide Web, remains at the forefront of new developments affecting his sometimes unruly child.
At a press conference at the WWW2010 conference, Berners-Lee, Jeff Jaffe, new CEO of W3C, and Ivan Herman, W3C Semantic Web Activity lead, discussed the potential future impact of ongoing and upcoming changes on the Web.
“Jaffe noted that the ‘Semantic Web,’ which links data in the Web using URIs and W3C standard technologies, will make it possible for the Web to ‘understand’ and satisfy requests of people and machines, thereby providing a better tool for describing the real world and presenting new knowledge, information and services.”
“That will make it easier for entrepreneurs to jump in and get started in some business,” he said.
 Left to right: Tim Berners-Lee, Jeff Jaffe, CEO of W3C, and Ivan Herman at WWW2010 press conference panel in Raleigh
Herman added, “All these technologies open new potential for businesses, but he semantic Web obviously does. Things become possible that were not before. I wouldn’t make a guess as to what kinds of Web businesses will be around in two or three years, because I’d be wrong.”
A primary focus of W3C and the panelists was promoting Linked Open Data on the Web by global governments.
In answer to a question about adopting the Web for smaller screens, Berners-Lee pointed out it isn’t just smaller screens, but larger ones — in adapting it for screens of all sizes. “Going forward, we see all sorts of innovations,” he said.
Those include ways to not just shrink a Web page for say mobile devices, but also to use style sheets that allow users to do different things depending upon screen size.
Eventually, he said, we may just speak the name of a town to have a mobile device go off and find weather, shopping, and other information about the town.
“The Web has been around 20 years,” said Jaffe. “It’s about to be supercharged with new technologies that are going to create enormous opportunities for industry to jump in and participate.”
Tags: Ivan Herman, Jeff Jaffe, Raleigh, Tim Berners Lee, W3C, WWW.2010 Posted in Carolinas, Events, Internet/New Media, IT, North Carolina | Comments Off
Friday, April 30th, 2010
PALM BEACH GARDENS, FL – Aurora Diagnostics, a diagnostic lab and anatomic pathology company, has filed for a $150 million initial public offering of stock.
We’ve noticed that diagnostics firms are on a roll this year. Several in the Southeast have made major acquisitions or landed funding. As we’ve pointed out in the past, an aging U.S. population has a lot to do with that, although other factors are also at play.
The company was founded in 2006 as a platform for the acquisition and integration of anatomic pathology and other diagnostic laboratory businesses. Aurora Diagnostics provides liquidity, financial upside, administrative resources, and accelerated growth opportunities to laboratory owners while allowing them to maintain their entrepreneurial approach and operational independence.
The company plans to trade on Nasdaq under the symbol “ARDX.”
The company also provides a bundle of services such as sales and marketing, information and medical technology, accounting and tax, risk management, managed care contracting and follow-on acquisitions to help laboratory owners perform their core business more efficiently and effectively.
It reported $171 million in net 2009 revenue, compared with $159 million in 2008 and net income of $9 million in 2009 vs. $10.7 million in 2008.
Tags: diagnostics, Florida, IPOs Posted in Florida, Healthcare, IPOs | Comments Off
Friday, April 30th, 2010
WASHINGTON, DC –A majority of U.S. citizens are unaware of how their online data is stored and who secures it, according to a Business Software Alliance (BSA) survey.
Approximately one in five U.S. citizens said they were unaware of whether their personal or corporate data is being held “in the cloud,” and 60 percent said they did not know what “in the cloud” means.
In addition, BSA’s findings show U.S. citizens are unsure who should be responsible for protecting sensitive, online data.
With more businesses, organizations, individuals and governments choosing to store data online – a concept known as “cloud computing” – new cyber crime threats are emerging and cybersecurity is escalating in priority.
Robert Holleyman, president & CEO of BSA said, “What this survey tells us is that there is a lag in the general public’s understanding of the emerging cloud environment and how it impacts their data – and a lack of consensus on who is responsible for securing the cloud.”
BSA will unveiled a comprehensive Global Cybersecurity Framework to assist countries in crafting effective national policies and laws to thwart cybersecurity threats at the CyberSecurity conference in Washington this week where it revealed the survey results.
TechJournal South begins a month-long focus on cloud-computing starting next week.
Tags: Business Software Alliance, cloud computing, DC, Security, surveys Posted in Internet/New Media, IT, Potomac, Security, Studies, surveys, reports, Washington, DC | Comments Off
Friday, April 30th, 2010
ORLANDO, FL - Planar Energy, the developer of large-format, solid-state, ceramic-like batteries at half the cost and triple the performance of lithium-ion batteries, today received a $4 million award from the U.S. Department of Energy.
The grant is part of the DOE’s Advanced Research Project Agency-Energy (ARPA-E) initiative to accelerate transformational energy research projects.
“With our breakthrough technology, which couples a fundamental electrolyte materials innovation with our proprietary low-cost, chemical deposition platform and manufacturing process, Planar Energy is creating scalable, environmentally friendly and cost-effective technology that will enable the U.S. transportation industry to reduce reliance on fossil fuels, help reduce greenhouse gas emissions, and reestablish U.S. leadership in energy storage,” said President and CEO Scott Faris.
He added that the DOE award will enable Planar Energy to accelerate the development and commercialization of all solid-state lithium batteries, which will encourage the adoption of plug-in hybrid and all-electric vehicles.
Planar Energy was established in Orlando, Fla., in 2007. It was spun out of the U.S. Department of Energy’s National Renewable Energy Laboratory in Golden, Colo., by Princeton, N.J.-based Battelle Ventures and its Knoxville, Tenn.-based affiliate fund, Innovation Valley Partners.
Tags: batteries, DOE, Energy, Florida, grants Posted in Energy, Florida, Money | Comments Off
Friday, April 30th, 2010
 A Catch the Wind sensor
MANASSAS, VA – Catch the Wind, a Manassas, VA-based company listed on the Toronto Venture Exchange (TSX-V:CTW.S), has raised $4.9 million in private placements, according to a regulatory filing.
Founded in 2008, the company develops and makes laser wind sensor systems for the wind power industry.
The company had a net loss of $4.2 million in the fourth quarter of 2009, up from $$1.5 million in same period the year before.
It disclose the financing in a filing with the U.S. Securities and Exchange Commission.
Tags: Catch the Wind, Energy, financing, Virginia Posted in Energy, Hardware, Money, Potomac, Virginia | Comments Off
Friday, April 30th, 2010

WASHINGTON, DC – SnagFilms, the DC-based site founded by Ted Leonsis and backed by former AOL co-founder and Revolution Chair Steve Case, has snagged well-known and highly respected Variety film critic Todd McCarthy for its indieWire network. It is yet another sign that film criticism and other cultural commentary is moving from the shrinking print realm to the expanding Internet.
“Changes in the media business have hit the critical community especially hard, threatening the reach of some of the strongest voices in film,” said indieWIRE Editor-in-Chief and Co-Founder Eugene Hernandez. “Yet we are committed to making it an incredibly vibrant moment for film criticism, harnessing the power of the web to link leading writers with a broader audience.”
From Variety to the Internet
McCarthy was chief film critic and columnist at Variety, where he worked for 30 years until the publication let him go as part of its cost-cutting moves recently. Many in the film industry bemoaned the loss of McCarthy’s voice at Variety, which, like many print publications, is struggling to survive in an increasingly Internet dominated media world.
In his new blog Todd McCarthy’s Deep Focus at indieWIRE, McCarthy will bring his sharp critical eye and historical perspective to bear on important new film releases and major international film festivals.
H will also provide commentaries on older pictures, film life in Hollywood and around the globe, and cinema personalities of the present and past.
McCarthy joins journalist Anne Thompson (a fellow Variety veteran), noted film critic and historian Leonard Maltin, and critic Eric Kohn as recent additions at indieWIRE.
As fans of film in general and documentaries in particular, we can only applaud the increased access to less well known movies that sites such as SnagFilms provide. But we are particularly gratified to see that the Internet is providing a new home with an even larger and more diverse audience for the serious coverage of film online from top journalists with decades of experience.
Rick Allen, CEO of SnagFilms , which owns and operates indieWIRE, said, “Film matters now more than ever, culturally and financially. Timely insight is prized by those in the business and film fans alike – and while others are cutting back on coverage, indieWIRE is doubling down.
Also a documentary film-maker
McCarthy won an Emmy Award for writing the documentary “Preston Sturges: The Rise and Fall of an American Dreamer,” while “Visions of Light: The Art of Cinematography,” which he wrote and co-directed, won awards for best documentary of 1993 from the New York Film Critics Circle and the National Society of Film Critics.
He has also written numerous film-centric books.
SnagFilms features free ad-supported viewing of more than 1300 award-winning titles from some of the greatest names in documentary film production and distribution.
All films are fully shareable anywhere on the web. Since its launch in July 2008, SnagFilms’ library has been featured on over 2 billion web pageviews, via more than 80,000 web pages, and is distributed throughout AOL channels, and the websites of The Washington Post, the Miami Herald, the Chicago Reader, IMDb; portals like Hulu and Fancast; hundreds of non-profits, special interest sites and blogs; and thousands of social network pages.
Its backers, in addition to Leonsis and Case, include former digital executive Jean Case; operating executive and philanthropic venture capitalist Miles Gilburne; a group led by Ted and Jim Pedas, founders of Circle Films; and the John S. and James L. Knight Foundation.
Tags: DC, Internet/New Media, SnagFilms, Steve Case, Ted Leonsis, Todd McCarthy Posted in Internet/New Media, People | Comments Off
Friday, April 30th, 2010
HANOVER, MD – California-based Applied Signal Technology Inc. (AST) (NASDAQ: APSG), a company selling advanced intelligence, surveillance, and reconnaissance solutions, has completed the acquisition of Hanover, Md-based Seismic for $25 million in cash.
Seismic specializes in cyber security solutions, software engineering, data management, and systems engineering and integration services for the U.S. Department of Defense and Intelligence Community and employs about 100 people.
The deal includes performance bonus potential of about $5 million. The company had revenue of about $15 million in its 2009 fiscal year.
Patrick Gahan, founder and CEO of Seismic, said, “Together, as part of one company, we become a powerful platform in the cyber intelligence market.”
www.appsig.com
www.seismicllc.com
Tags: Acquisitions, Applied Signal Technology, cyber security, DOD, Maryland, Seismic Posted in Acquisitions, Government/Defense, Internet/New Media, IT, Maryland, Potomac, Security, Washington, DC | Comments Off
Thursday, April 29th, 2010
RESTON, VA – Clarabridge, which sells text analysis software used to improve customer relationship management, has raised at least $4.25 million of a mixed securities offering targeted at $4.31 million, according to a regulatory filing.
The company previously raised three rounds of funding totaling $22 million. Investors include Grotech Ventures, Boulder Ventures, Intersouth Partners, and Harbert Venture Partners.
According to the filing with the U.S. Securities and Exchange Commission disclosing the financing, Link Ventures of Wakefield, MA, and Sanju K. Bansal, of Microstrategy in Vienna, VA, are listed as principals along with directors from the other investors.
Sid Banerjee, Clarabridge CEO, recently wrote a blog post for us about text analytics and what they mean:
Previously on TechJournal South:
Tags: Clarabridge, CRM, financing, Sid Banerhee, text analytics, Viriginia Posted in Internet/New Media, IT, Marketing, Money, Potomac, Virginia | 1 Comment »
Thursday, April 29th, 2010
ATLANTA – Omnilink Systems, which sells end-to-end LBS (location-based services) solutions for the enterprise, consumer and government markets, has named Kelly Gay president and CEO.
Throughout her nearly 25 year career, Gay has led a number of prominent companies across a variety of tech industries, including the role of chairman and CEO of KnowledgeStorm where she led the company from start up to annual sales of $20 million in less than seven years.
She was also vice president of IBM’s North American Media and Entertainment division.
She is a past chairman of the Technology Association of Georgia
Gay serves on various boards of directors including Bank of Atlanta, 1105 Media, ReachForce, and Ashworth College.
Omnilink a software platform for powering location-aware mobile devices and applications.
Tags: Atlanta, IT, Kelly Gay, mobile, Omnilink, People, TAG Posted in Georgia, IT, People, Telecommunications | Comments Off
Thursday, April 29th, 2010
 Lead researcher Gary Arendash
TAMPA, FL – Scientific American, the most prestigious and staid of the popular science journals, has a new take on research at the University of South Florida showing that cell phone radiation protected mice from getting Alzheimer’s.
We reported the study’s findings back in January (see: Cell phone use may protect against Alzheimer’s).
The study, led by University of South Florida researchers at the Florida Alzheimer’s Disease Research Center (ADRC), found that cell phone exposure, begun in early adulthood, protects the memory of mice otherwise destined to develop Alzheimer’s symptoms.
Lead researcher Gary Arendash, PhD, USF Research Professor at the ADRC, said, “It was even more astonishing that the electromagnetic waves generated by cell phones actually reversed memory impairment in old Alzheimer’s mice.”
The researchers were particularly surprised to discover that months of cell phone exposure actually boosted the memory of non-demented (normal mice) to above-normal levels.
They suspect that the main reason for this improvement involves the ability of electromagnetic exposure to increase brain activity, promoting greater blood flow and increased energy metabolism in the brain.
The researchers note that further investigation is necessary before drawing conclusions.
In reporting the story, Scientific American said that while the link to brain tumors remains inconclusive, it does cast doubt on the cell phone industry’s claim that cell phone emissions are two weak to have biological effects.
“The new work suggests cell phones may indeed be messing with our minds,” the magazine says. – By Allan Maurer
Tags: cell phone radiation, Florida, Gary Arendash, memory, University of S. Florida, University Tech Posted in Healthcare, Internet/New Media, Telecommunications, University Tech | Comments Off
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