Tech News
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MISTRAS Brands Its Latest Bridge Monitoring and Inspection Solution Into New StructurAlert(TM) Name
PRINCETON JUNCTION, N.J., Nov. 6, 2015 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) is pleased to introduce StructurAlert™ as the new brand for its advanced line of structural health monitoring and asset protection solutions for bridges. StructurAlert™ encompasses MISTRAS Group's entire family of structural health monitoring solutions, which have globally monitored bridges and other important public and privately owned infrastructure assets for over 25 years. StructurAlert™ uses proprietary technology to continually assess, alert, and report on the structural and operational integrity of bridges in real-time, to ensure public safety, extend useful life, minimize downtime, and reduce the need for physical inspections and capital expenditures.
Physical changes and deterioration occurring within aging infrastructure assets can typically be measured and "heard" before they can be seen. StructurAlert™ deploys world class acoustic emission (AE) technology using strategically placed sensors that "listen" for signs of deterioration before it is identified through visual inspections. Additional system sensors are installed to detect and measure vibration, strain, tilt, displacement, and temperature. Collectively, each active sensor transmits data into StructurAlert's™ expert system software for the early detection of damage. StructurAlert's™ software also provides user-mandated alarms, notifying designated personnel on their mobile devices of any occurring trouble.
StructurAlert™ is designed to monitor multiple bridge types, including cable-stay, post-tensioned, concrete, and steel bridges, ranging from brand new to "structurally deficient." By actively monitoring a bridge's health status and structural inconsistencies, StructurAlert™ generates quantifiable cause and effect data from critical locations, pinpointing the exact location of internal and/or external damage, allowing bridge engineers to apply immediate corrective action.
StructurAlert™ is currently installed on many of the world's important bridges in California, Maryland, Pennsylvania, New Jersey, New York, Ohio, and Virginia, plus several bridges throughout Europe. StructurAlert™ was developed by MISTRAS Group, incorporating over 25 years of bridge monitoring experience to enhance key bridge performance factors and accurately identify corrosion, weld cracking, wire breaks, and bolt snapping.
An explainer video is available detailing how the StructurAlert™ system works and how it can help bring bridge owners piece of mind. Watch StructurAlert™ in action at www.structuralert.com.
About MISTRAS Group, Inc.
MISTRAS is a leading "one source" global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions.
MISTRAS uniquely combines its industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; destructive testing (DT) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (PCMS™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.
For more information about this press release, please visit the company's website at http://www.mistrasgroup.com or contact Nestor S. Makarigakis, Group Director, Marketing Communications at marcom@mistrasgroup.com.
CONTACT: Media Contact: Nestor S. Makarigakis, Group Director of Marketing Communications marcom@mistrasgroup.com, 1(609)716-4000
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PROLIM has been selected as a winner of the 2015 Dallas 100™ Awards
Plano, TX, Nov. 06, 2015 (GLOBE NEWSWIRE) -- PROLIM is recognized in Dallas-100 List of fastest growing privately held companies in Dallas Area. PROLIM is ranked 12 among the top 100 list of fastest growing, most dynamic privately held companies in the Dallas Area.
The announcement came at the annual SMU Cox Dallas 100™ Awards Ceremony and Banquet Wednesday, Nov. 4, at the Omni Hotel, Dallas Convention Center, 555 South Lamar Street, Dallas, Texas.
Dallas 100™, co-founded by the Caruth Institute, honors the ingenuity, commitment and perseverance of the fastest-growing privately held entrepreneurial businesses in the Dallas area. According to Caruth Institute data, this year’s winning companies collectively generated $3.6 billion in sales in 2014, and grew at an average annual growth rate of 91 percent per year for each of the last three years.
The Dallas 100™, presented by the Caruth Institute at SMU Cox, was sponsored this year by Avison Young; BKD LLP; CARR Intellectual Property Law; The CFO Suite; The Dallas Business Journal; Evos Financial; Executive Press; KRLD 1080 News Radio; and Texas Capital Bank. The event recognizes privately held corporations, proprietorships or partnerships headquartered in the Dallas area that often don’t get attention, but which have created jobs and generated wealth for their founders and employees and enhanced the area economy.
“We have an exciting year,” Prabhu Patil, CEO of PROLIM said. “We have successfully expanded our reach from east coast to west coast market. Given PROLIM’s focus on enabling innovation through IT and PLM technology with high performing deep industry knowledgeable PLM software teams, we are able to consistently help our clients quickly scale their PLM needs reducing their time-to-market, while cutting their development costs in half, and improving quality. For each client, we serve as a seamless extension to their current development efforts, with our development center globally.”
PROLIM is a leading provider to industries like Automotive, Aerospace, Manufacturing Supplier and Life Sciences. Providing these services has helped the clients to enhance efficiency and top-line growth As one of the fastest growing private Companies in America recognized by Inc 500, PROLIM being customer focused rather than product focused, the company envisions harnessing customer requisites by adding more satellite offices over the next few years in major metropolitan centers PROLIM envisages reaching customers beyond borders to deliver effective services in the west and east coasts of the US Canada and Europe and Asia.
CONTACT: Esther VillalobosClient PartnerPROLIM Corporation2805 N. Dallas Parkway, Suite 610, Plano, TX 75093Office: 214-924-2667 Fax: 800-515-6821E-mail: esther.villalobos@prolim.com
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MISTRAS Brands Its Latest Bridge Monitoring and Inspection Solution Into New StructurAlert(TM) Name
PRINCETON JUNCTION, N.J., Nov. 6, 2015 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) is pleased to introduce StructurAlert™ as the new brand for its advanced line of structural health monitoring and asset protection solutions for bridges. StructurAlert™ encompasses MISTRAS Group's entire family of structural health monitoring solutions, which have globally monitored bridges and other important public and privately owned infrastructure assets for over 25 years. StructurAlert™ uses proprietary technology to continually assess, alert, and report on the structural and operational integrity of bridges in real-time, to ensure public safety, extend useful life, minimize downtime, and reduce the need for physical inspections and capital expenditures.
Physical changes and deterioration occurring within aging infrastructure assets can typically be measured and "heard" before they can be seen. StructurAlert™ deploys world class acoustic emission (AE) technology using strategically placed sensors that "listen" for signs of deterioration before it is identified through visual inspections. Additional system sensors are installed to detect and measure vibration, strain, tilt, displacement, and temperature. Collectively, each active sensor transmits data into StructurAlert's™ expert system software for the early detection of damage. StructurAlert's™ software also provides user-mandated alarms, notifying designated personnel on their mobile devices of any occurring trouble.
StructurAlert™ is designed to monitor multiple bridge types, including cable-stay, post-tensioned, concrete, and steel bridges, ranging from brand new to "structurally deficient." By actively monitoring a bridge's health status and structural inconsistencies, StructurAlert™ generates quantifiable cause and effect data from critical locations, pinpointing the exact location of internal and/or external damage, allowing bridge engineers to apply immediate corrective action.
StructurAlert™ is currently installed on many of the world's important bridges in California, Maryland, Pennsylvania, New Jersey, New York, Ohio, and Virginia, plus several bridges throughout Europe. StructurAlert™ was developed by MISTRAS Group, incorporating over 25 years of bridge monitoring experience to enhance key bridge performance factors and accurately identify corrosion, weld cracking, wire breaks, and bolt snapping.
An explainer video is available detailing how the StructurAlert™ system works and how it can help bring bridge owners piece of mind. Watch StructurAlert™ in action at www.structuralert.com.
About MISTRAS Group, Inc.
MISTRAS is a leading "one source" global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions.
MISTRAS uniquely combines its industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; destructive testing (DT) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (PCMS™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.
For more information about this press release, please visit the company's website at http://www.mistrasgroup.com or contact Nestor S. Makarigakis, Group Director, Marketing Communications at marcom@mistrasgroup.com.
CONTACT: Media Contact: Nestor S. Makarigakis, Group Director of Marketing Communications marcom@mistrasgroup.com, 1(609)716-4000
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Concurrent Technologies Corporation's Dom Glavach to Participate on FABTECH Panel "Enterprise Security Risks: Is Your Company Protected?"
JOHNSTOWN, Pa., Nov. 6, 2015 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation's (CTC's) Dom Glavach, Chief Information Security Officer and Senior Principal Information Systems Security Engineer, will be participating on a panel at FABTECH 2015, North America's largest metal forming, fabricating, welding and finishing event. Over 40,000 people attend the event to see the latest industry products and developments, discover new solutions, and find the tools to improve productivity. FABTECH 2015 will take place November 9-12, 2015, in Chicago, Illinois.
Dom will be participating on the expert panel for the "Enterprise Security Risks: Is Your Company Protected?" session, which takes place on Tuesday, November 10. The threat of enterprise security breaches and compromises has become one of business' greatest – and most unpredictable – risk factors. An increasing number of companies are falling victim to internal and external threats, and the manufacturing industry is no exception. This session offers a comprehensive look at the current threats manufacturers face, the security vulnerabilities they exploit, and the potential impact on an organization. The panel will discuss the latest technologies available to protect a company's valuable information and how to develop a security strategy.
Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. Together with our affiliates, we leverage research, development, test and evaluation work to provide transformative, full lifecycle solutions. To best serve our clients' needs, we offer the complete ability to fully design, develop, test, prototype, and build. We support our clients' core mission objectives with customized solutions and strive to exceed expectations. CTC has been named one of the World's Most Ethical Companies by Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices. In addition, CTC has been named a Best for Vets Employer by Military Times. For more information about CTC, visit www.ctc.com.CONTACT: Media Contact: Mary Bevan 814-269-2490 or bevanm@ctc.com
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Concurrent Technologies Corporation's Dom Glavach to Participate on FABTECH Panel "Enterprise Security Risks: Is Your Company Protected?"
JOHNSTOWN, Pa., Nov. 6, 2015 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation's (CTC's) Dom Glavach, Chief Information Security Officer and Senior Principal Information Systems Security Engineer, will be participating on a panel at FABTECH 2015, North America's largest metal forming, fabricating, welding and finishing event. Over 40,000 people attend the event to see the latest industry products and developments, discover new solutions, and find the tools to improve productivity. FABTECH 2015 will take place November 9-12, 2015, in Chicago, Illinois.
Dom will be participating on the expert panel for the "Enterprise Security Risks: Is Your Company Protected?" session, which takes place on Tuesday, November 10. The threat of enterprise security breaches and compromises has become one of business' greatest – and most unpredictable – risk factors. An increasing number of companies are falling victim to internal and external threats, and the manufacturing industry is no exception. This session offers a comprehensive look at the current threats manufacturers face, the security vulnerabilities they exploit, and the potential impact on an organization. The panel will discuss the latest technologies available to protect a company's valuable information and how to develop a security strategy.
Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization. Together with our affiliates, we leverage research, development, test and evaluation work to provide transformative, full lifecycle solutions. To best serve our clients' needs, we offer the complete ability to fully design, develop, test, prototype, and build. We support our clients' core mission objectives with customized solutions and strive to exceed expectations. CTC has been named one of the World's Most Ethical Companies by Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices. In addition, CTC has been named a Best for Vets Employer by Military Times. For more information about CTC, visit www.ctc.com.CONTACT: Media Contact: Mary Bevan 814-269-2490 or bevanm@ctc.com
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Tracx Appoints Eric Berkowitz SVP Global Services and Adi Kleiman SVP Product
NEW YORK, Nov. 6, 2015 (GLOBE NEWSWIRE) -- Tracx Inc., the leading social business cloud for enterprises, today announced the appointment of Eric Berkowitz as Senior Vice President of Global Services, and Adi Kleiman as Senior Vice President of Product. Berkowitz will oversee the expansion of Tracx's global services team and efforts, while Kleiman will be managing the development and roadmap of Tracx's social business management platform. Both will report directly to Rick Rudman, Chief Executive Officer at Tracx.
"The appointment of Eric Berkowitz and Adi Kleiman to their new roles represents Tracx's continued growth and maturation as we solidify ourselves as the leading social business solution on the market," said Rick Rudman. "As we continue to expand our global customer base and develop our software to better serve the needs of those customers, both Eric and Adi will act as critical members of the executive team that will assure Tracx is providing the most relevant and highest quality services and solutions possible."
Eric Berkowitz brings with him extensive expertise in social technologies and how organizations can best benefit from working with social data. Prior to his arrival at Tracx in 2012 he served as Manager of Agency Partnerships at Visible Technologies where he worked directly with brands looking to get the most out of their social media efforts and investments. Since joining Tracx, Eric has applied his skills in various roles including Senior Product Manager, VP Sales Engineering, and VP Solutions Engineering.
Adi Kleiman brings a proven track record of groundbreaking product and software development to her new role as SVP of Product, as she spent nearly five years as a Senior Product Manager at SAP before joining Tracx in 2012. Since 2014, Kleiman has served as VP of Product for Tracx, gaining familiarity with the intricacies of the platform and shaping the future of the solution and company by defining, directing and overseeing execution of the product roadmap."I couldn't be more excited about what the future holds for Tracx," said Adi Kleiman. "I've witnessed firsthand the tremendous growth that we have gone through since opening our US headquarters, and now we are better positioned than ever to not only build the best social business solution on the market, but to foster a global company that services customers around the world as well."
About TracxTracx is the leading social business cloud empowering enterprises to build their brand, attract new customers, service existing ones and connect with other key audiences in the social-enabled world. The solution analyzes and refines mass amounts of geographic, demographic and psychographic data from across the social web to deliver deep insights into customers, competitors and influencers. It then makes those insights actionable through its contextually driven Social Recommendation Engine, enabling smarter interactions that deliver meaningful business results. The world's most respected and leading brands such as BMW, Kraft Foods, and Rolex rely on Tracx to identify and target audiences, improve planning, enhance monitoring and effectively engage consumers. Tracx is headquartered in New York City with offices in Tel Aviv and London. For more information, visit http://www.tracx.com.
CONTACT: Amy Inlow 203-829-5652 amy@tracx.com
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Tracx Appoints Eric Berkowitz SVP Global Services and Adi Kleiman SVP Product
NEW YORK, Nov. 6, 2015 (GLOBE NEWSWIRE) -- Tracx Inc., the leading social business cloud for enterprises, today announced the appointment of Eric Berkowitz as Senior Vice President of Global Services, and Adi Kleiman as Senior Vice President of Product. Berkowitz will oversee the expansion of Tracx's global services team and efforts, while Kleiman will be managing the development and roadmap of Tracx's social business management platform. Both will report directly to Rick Rudman, Chief Executive Officer at Tracx.
"The appointment of Eric Berkowitz and Adi Kleiman to their new roles represents Tracx's continued growth and maturation as we solidify ourselves as the leading social business solution on the market," said Rick Rudman. "As we continue to expand our global customer base and develop our software to better serve the needs of those customers, both Eric and Adi will act as critical members of the executive team that will assure Tracx is providing the most relevant and highest quality services and solutions possible."
Eric Berkowitz brings with him extensive expertise in social technologies and how organizations can best benefit from working with social data. Prior to his arrival at Tracx in 2012 he served as Manager of Agency Partnerships at Visible Technologies where he worked directly with brands looking to get the most out of their social media efforts and investments. Since joining Tracx, Eric has applied his skills in various roles including Senior Product Manager, VP Sales Engineering, and VP Solutions Engineering.
Adi Kleiman brings a proven track record of groundbreaking product and software development to her new role as SVP of Product, as she spent nearly five years as a Senior Product Manager at SAP before joining Tracx in 2012. Since 2014, Kleiman has served as VP of Product for Tracx, gaining familiarity with the intricacies of the platform and shaping the future of the solution and company by defining, directing and overseeing execution of the product roadmap."I couldn't be more excited about what the future holds for Tracx," said Adi Kleiman. "I've witnessed firsthand the tremendous growth that we have gone through since opening our US headquarters, and now we are better positioned than ever to not only build the best social business solution on the market, but to foster a global company that services customers around the world as well."
About TracxTracx is the leading social business cloud empowering enterprises to build their brand, attract new customers, service existing ones and connect with other key audiences in the social-enabled world. The solution analyzes and refines mass amounts of geographic, demographic and psychographic data from across the social web to deliver deep insights into customers, competitors and influencers. It then makes those insights actionable through its contextually driven Social Recommendation Engine, enabling smarter interactions that deliver meaningful business results. The world's most respected and leading brands such as BMW, Kraft Foods, and Rolex rely on Tracx to identify and target audiences, improve planning, enhance monitoring and effectively engage consumers. Tracx is headquartered in New York City with offices in Tel Aviv and London. For more information, visit http://www.tracx.com.
CONTACT: Amy Inlow 203-829-5652 amy@tracx.com
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Eight new companies begin Innosphere's incubation program for technology startups
FORT COLLINS, Colo., Nov. 6, 2015 (GLOBE NEWSWIRE) -- Innosphere is excited to announce that eight new client companies have been accepted into Innosphere's incubation program, and have just begun attending the initial exclusive training sessions. Innosphere client companies receive customized development plans, learn from other founders and experienced advisors, and receive ongoing support to ensure they have the know-how to raise the right kind of capital, and have all the resources to exponentially grow.
One entrepreneur who recently entered the program is Rod Nuss, founder and COO of ValidCare, a digital healthcare and services company focused on solving real problems for the healthcare industry around surgical episode management. A "surgical episode" starts when a patient elects surgery and concludes when they achieve total recovery. "ValidCare is more than just a cloud-based software solution. It also aligns hospital, surgeon, and patient incentives to improve the cost, quality, and patient experience outcomes associated with surgical care coordination," said Mike Freeman, Innosphere CEO. "The costs associated with readmissions from just knee and hip replacements alone is a huge problem in healthcare. ValidCare helps reduce readmissions through improved patient-caregiver communication in real time throughout the recovery process. We are excited to be supporting a company that is helping hospitals thrive with value-based care."
"The Innosphere program has already been a great experience," said Nuss. "We want to link with the growing healthcare startup community in Colorado, and Innosphere is a leader in fostering that growth and building that community."
Innosphere is currently supporting 40 Client Companies with another 2 companies in pre-client status, along with 3 Colorado State University student startup companies.
The new eight Innosphere Client Companies include:- ValidCare (Centennial, CO) ValidCare is a digital healthcare company focused on improving the surgical episode of care. Their customers are network participants who are pioneering the transformation to value-based care, and ValidCare helps their customers improve their financial, operational, and patient health by: communicating via their HIPAA compliant, cloud-based communication platform; delivering real-time education, reminders, alerts and patient-reported outcomes; and Implementing ValidCare alignment services to facilitate the adoption of value-based care models. www.validcare.com
- MyChoiceMD (Fort Collins) Whether it is because they are uninsured or are on a medical plan with a high-deductible, more and more people are paying cash for routine medical care. MyChoiceMD puts the power of choice back in the hands of the consumer. You will see up-front pricing that can save you as much as 40%. And you know the price of your visit before you go! Book and pay for your appointment in one easy process with the MyChoiceMD platform, which now also includes Associates in Family Medicine and Harmony Imaging. www.mychoicemd.co
- Allergy Solutions (Erie, CO) Allergy Solutions brings long-term relief for allergy sufferers and improves financial health for our client doctors and companies through proven-safe and effective allergy-care services. www.allergysolutionsinc.com
- FluoroFinder (Broomfield, CO) FluoroFinder is a cloud-based experiment design tool, that enables scientists to select the best fluorochromes for their medical research experiments, and the find who sells them. Trusted in over 160 US medical research institutions, FluoroFinder is accelerating their research initiatives in the field of Cancer, HIV, Multiple Sclerosis, and other diseases. FluoroFinder's technologies save thousands of days - and millions of dollars - for research institutions every year, by turning a manual task of hours or days to just minutes. https://fluorofinder.com/
- Mother's Milk Is Best (Fort Collins, CO) MMIB was founded with the goal of improving feeding options for premature babies. They have developed a medical device for concentrating mother's milk and maximizing bioactive factors in it. MMIB exists because one in eight babies is born prematurely in the United States. These tiny babies must begin life fighting to survive, and have immature organs which cannot process the large volume of milk necessary for growth so they need their milk to be fortified or concentrated. www.mothersmilkisbest.com
- SimpliOpus (Colorado Springs, CO) SimpliOpus solves a problem every sales leader faces: consistent sales execution by every seller. With only 20% of sales teams reaching quota and close rates below 30%, it's a universal challenge. SimpliOpus is a cloud platform that simplifies and automates any Value Based Sales process. It integrates with Salesforce to provide consistent sales execution. It includes: Account Planning, Executive Sponsorship, Automated Discovery, Financial Modeling and Business Case creation. SimpliOpus enables sellers to show the business and financial impact of their offering. Taking mere mortal salespeople and turning them into sales rock stars.
- ResourceX (Denver, CO) Resource Exploration (ResourceX) is a fiscal analytics software venture, providing advanced technology for resource allocation solutions. Our software provides comprehensive analytics to understand an organization's financial, human, and physical resources. Compared to competitors, ResourceX stands out for two things. First, its unique underlying processes of program inventory identification, program costing, and priority based budgeting. This process has a proven track record supported by our work with over 100 local governments across North America. Our second differentiator is we have combined that experience with the power of a user friendly interface. The software of ResourceX reaches well outside local governments and applies to private sector industries, including education, real estate and healthcare. www.ResourceX.net
- The Food Corridor (Fort Collins, CO) Post your kitchen space. Find your cooking place. The Food Corridor is a food hub connecting commercial kitchen space with food businesses. They are the first online marketplace for food businesses to find and book commercial kitchens. Concurrently, commercial kitchen owners can more effectively utilize their assets, providing additional revenue streams to schools, food banks, churches, restaurants, and more. www.thefoodcorridor.com
Applications now open for next cohort of startups
High-tech small businesses and startups can apply now to join Innosphere's incubation program that will begin in January 2016. Innosphere reviews applicant companies three times a year. Once accepted into the program, Innosphere's exclusive onboarding process allows companies to attend valuable sessions to help scale their business. Please visit www.innosphere.org/apply to submit an application to be a part of the first company cohort of 2016. Deadline to apply is December 11.
For more information contact Innosphere CEO, Mike Freeman, at Mike@innosphere.org or 970.818.7736.
About InnosphereInnosphere is a non-profit 501(c)(3) organization that supports entrepreneurs building high-growth and high-tech companies in the industries of energy and advanced materials, digital health innovations, biosciences, and software/hardware. Innosphere works with these startups and small businesses through their validation, startup, and growth stages. Innosphere prides themselves on the work they do to understand each company's specific needs in order to better customize a high-performance plan for each company based on capital, talent and growth strategies. Companies learn from other founders and experienced advisors, and receive ongoing support to ensure they have the know-how to raise the right kind of capital, and have all the resources to exponentially grow. Headquartered in Fort Collins, CO, Innosphere has multiple office locations across the state to better serve entrepreneurs.
CONTACT: Mike Freeman, Innosphere CEO (970) 818.7736 | Mike@innosphere.org
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Eight new companies begin Innosphere's incubation program for technology startups
FORT COLLINS, Colo., Nov. 6, 2015 (GLOBE NEWSWIRE) -- Innosphere is excited to announce that eight new client companies have been accepted into Innosphere's incubation program, and have just begun attending the initial exclusive training sessions. Innosphere client companies receive customized development plans, learn from other founders and experienced advisors, and receive ongoing support to ensure they have the know-how to raise the right kind of capital, and have all the resources to exponentially grow.
One entrepreneur who recently entered the program is Rod Nuss, founder and COO of ValidCare, a digital healthcare and services company focused on solving real problems for the healthcare industry around surgical episode management. A "surgical episode" starts when a patient elects surgery and concludes when they achieve total recovery. "ValidCare is more than just a cloud-based software solution. It also aligns hospital, surgeon, and patient incentives to improve the cost, quality, and patient experience outcomes associated with surgical care coordination," said Mike Freeman, Innosphere CEO. "The costs associated with readmissions from just knee and hip replacements alone is a huge problem in healthcare. ValidCare helps reduce readmissions through improved patient-caregiver communication in real time throughout the recovery process. We are excited to be supporting a company that is helping hospitals thrive with value-based care."
"The Innosphere program has already been a great experience," said Nuss. "We want to link with the growing healthcare startup community in Colorado, and Innosphere is a leader in fostering that growth and building that community."
Innosphere is currently supporting 40 Client Companies with another 2 companies in pre-client status, along with 3 Colorado State University student startup companies.
The new eight Innosphere Client Companies include:- ValidCare (Centennial, CO) ValidCare is a digital healthcare company focused on improving the surgical episode of care. Their customers are network participants who are pioneering the transformation to value-based care, and ValidCare helps their customers improve their financial, operational, and patient health by: communicating via their HIPAA compliant, cloud-based communication platform; delivering real-time education, reminders, alerts and patient-reported outcomes; and Implementing ValidCare alignment services to facilitate the adoption of value-based care models. www.validcare.com
- MyChoiceMD (Fort Collins) Whether it is because they are uninsured or are on a medical plan with a high-deductible, more and more people are paying cash for routine medical care. MyChoiceMD puts the power of choice back in the hands of the consumer. You will see up-front pricing that can save you as much as 40%. And you know the price of your visit before you go! Book and pay for your appointment in one easy process with the MyChoiceMD platform, which now also includes Associates in Family Medicine and Harmony Imaging. www.mychoicemd.co
- Allergy Solutions (Erie, CO) Allergy Solutions brings long-term relief for allergy sufferers and improves financial health for our client doctors and companies through proven-safe and effective allergy-care services. www.allergysolutionsinc.com
- FluoroFinder (Broomfield, CO) FluoroFinder is a cloud-based experiment design tool, that enables scientists to select the best fluorochromes for their medical research experiments, and the find who sells them. Trusted in over 160 US medical research institutions, FluoroFinder is accelerating their research initiatives in the field of Cancer, HIV, Multiple Sclerosis, and other diseases. FluoroFinder's technologies save thousands of days - and millions of dollars - for research institutions every year, by turning a manual task of hours or days to just minutes. https://fluorofinder.com/
- Mother's Milk Is Best (Fort Collins, CO) MMIB was founded with the goal of improving feeding options for premature babies. They have developed a medical device for concentrating mother's milk and maximizing bioactive factors in it. MMIB exists because one in eight babies is born prematurely in the United States. These tiny babies must begin life fighting to survive, and have immature organs which cannot process the large volume of milk necessary for growth so they need their milk to be fortified or concentrated. www.mothersmilkisbest.com
- SimpliOpus (Colorado Springs, CO) SimpliOpus solves a problem every sales leader faces: consistent sales execution by every seller. With only 20% of sales teams reaching quota and close rates below 30%, it's a universal challenge. SimpliOpus is a cloud platform that simplifies and automates any Value Based Sales process. It integrates with Salesforce to provide consistent sales execution. It includes: Account Planning, Executive Sponsorship, Automated Discovery, Financial Modeling and Business Case creation. SimpliOpus enables sellers to show the business and financial impact of their offering. Taking mere mortal salespeople and turning them into sales rock stars.
- ResourceX (Denver, CO) Resource Exploration (ResourceX) is a fiscal analytics software venture, providing advanced technology for resource allocation solutions. Our software provides comprehensive analytics to understand an organization's financial, human, and physical resources. Compared to competitors, ResourceX stands out for two things. First, its unique underlying processes of program inventory identification, program costing, and priority based budgeting. This process has a proven track record supported by our work with over 100 local governments across North America. Our second differentiator is we have combined that experience with the power of a user friendly interface. The software of ResourceX reaches well outside local governments and applies to private sector industries, including education, real estate and healthcare. www.ResourceX.net
- The Food Corridor (Fort Collins, CO) Post your kitchen space. Find your cooking place. The Food Corridor is a food hub connecting commercial kitchen space with food businesses. They are the first online marketplace for food businesses to find and book commercial kitchens. Concurrently, commercial kitchen owners can more effectively utilize their assets, providing additional revenue streams to schools, food banks, churches, restaurants, and more. www.thefoodcorridor.com
Applications now open for next cohort of startups
High-tech small businesses and startups can apply now to join Innosphere's incubation program that will begin in January 2016. Innosphere reviews applicant companies three times a year. Once accepted into the program, Innosphere's exclusive onboarding process allows companies to attend valuable sessions to help scale their business. Please visit www.innosphere.org/apply to submit an application to be a part of the first company cohort of 2016. Deadline to apply is December 11.
For more information contact Innosphere CEO, Mike Freeman, at Mike@innosphere.org or 970.818.7736.
About InnosphereInnosphere is a non-profit 501(c)(3) organization that supports entrepreneurs building high-growth and high-tech companies in the industries of energy and advanced materials, digital health innovations, biosciences, and software/hardware. Innosphere works with these startups and small businesses through their validation, startup, and growth stages. Innosphere prides themselves on the work they do to understand each company's specific needs in order to better customize a high-performance plan for each company based on capital, talent and growth strategies. Companies learn from other founders and experienced advisors, and receive ongoing support to ensure they have the know-how to raise the right kind of capital, and have all the resources to exponentially grow. Headquartered in Fort Collins, CO, Innosphere has multiple office locations across the state to better serve entrepreneurs.
CONTACT: Mike Freeman, Innosphere CEO (970) 818.7736 | Mike@innosphere.org
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Sphere 3D NEO Series Tape Libraries & Autoloaders Now Support LTO-7 With Increased Capacity
SAN JOSE, Calif., Nov. 6, 2015 (GLOBE NEWSWIRE) -- Sphere 3D Corp. (NASDAQ:ANY), a containerization, virtualization and data management solutions provider, today announced that its NEO Series of tape libraries and autoloaders, offered by its wholly-owned subsidiary Overland Storage, now support the LTO-7 (Linear Tape-Open 7) tape format. Sphere 3D's support of the recently unveiled LTO-7 tape technology expands the company's portfolio of offerings that equip large-scale, hybrid environments with lower cost, more energy efficient and increasingly reliable data storage and archiving solutions. The company is hosting a webinar, "LTO-7, Taking a Leap Forward in "Worry-free" Data Storage Solutions" on Tuesday, November 10 at 10:00 a.m. PST to review the latest developments related to these products.
NEO Series tape libraries provide a compelling, cost-effective and long-term storage solution by delivering best-in-class features for SMB and enterprise backup and archive applications. When configured with LTO-7, NEO tape libraries and autoloaders are designed to deliver up to 140% increases in storage capacity and more than 80% increases in data throughput.
Next-generation LTO-7 technology provides up to 15 terabytes (TB) of compressed data per cartridge, compared to the 6.25TB offered in previous-generation LTO-6 tape drives. Data transfer rates also occur much more rapidly with LTO-7 at rates of up to 750MB per second, or 2.7TB of data per hour per drive. The NEO Series tape libraries with LTO-7 technology provide customers with solutions capable of delivering up to 8 petabytes (PB) of storage capacity at speeds of up to 64TB/hour for just $.02 per GB.
"Sphere 3D delivers a diverse portfolio of data management solutions that are workload optimized to address divergent use-case scenarios and customer needs," said Nilesh Patel, Vice President of Product Management and Marketing for Sphere 3D. "Tape-based storage continues to be an integral part of the data storage hierarchy as many enterprises recognize it as the most economical approach for the backup and archiving of multiple terabytes to petabytes of data. Also, an increasing number of enterprises desire a dual storage approach and leverage tape backup as an 'insurance policy' for long-term, off-site retention to protect some or all of their cloud-based storage."
Patel continued, "Our customer base clearly recognizes the ongoing role tape plays as an affordable storage solution. We have seen 114% growth over the last 3 years in the amount of data being stored on tape. Also, the LTO technology roadmap anticipates 120TB on a cartridge and data rates of nearly 10TB/hour. With our NEO series, we give the enterprise the price, capacity, performance and scalability options they are seeking today, while ensuring their investment protection for the future."
Sphere 3D's NEO Series of products are in use by over 200,000 users worldwide in a variety of applications, including backup and archive for medical imaging, finance, education, government, oil and gas, media and entertainment, and retail. The NEO Series product range provides a variety of solutions designed for businesses of all sizes from SMEs to large enterprises.
Product Highlights
NEO XL-Series libraries address the need for midrange and enterprise businesses to do more with less by providing an effortless automated backup that combines flexibility, density, high-performance and affordability to enable data to be protected faster, smarter, more easily and cost effectively. The product family allows customers to customize their backup and archive solution by starting out as a 6 unit, 80 cartridge, 6-drive library and scaling to as many as 560 slots and 42 tape drives as customer backup and archive needs change. The NEO 8000e archive and backup system for the most demanding enterprise complements the NEOxl line by delivering exceptional functionality and storage of up to 1000 cartridges and 24 tape drives.
The NEO S-Series family of libraries, as well as our stand alone tape drives, address smaller capacity requirements by combining ease of use, compactness and affordability with 1, 2 and 4 unit solutions that range from 8 to 48 slots, and 1 to 4 tape drives.
Pricing and Availability
Shipment of the LTO-7 based NEOxl and NEO 8000e platforms, and LTO-7 media, will begin in December. LTO-7 for the NEO S-Series, and Sphere 3D desktop and internal stand-alone tape drives, will begin shipping in Q1 2016. MSRP starts at a U.S.-list price of $4,999 for a NEO tape library solution.
About Sphere 3D
Sphere 3D Corp. (NASDAQ:ANY) delivers containerization and virtualization technologies along with data management products that enable workload-optimized solutions. We achieve this through a combination of containerized applications, virtual desktops, virtual storage and physical hyper-converged platforms. Sphere 3D's value proposition is simple and direct—we allow organizations to deploy a combination of public, private or hybrid cloud strategies while backing them up with state of the art storage solutions. Sphere 3D, along with its wholly-owned subsidiaries Overland Storage and Tandberg Data, has a strong portfolio of brands including Glassware 2.0™, SnapCLOUD™, SnapScale®, SnapServer®, V3, RDX®, and NEO®. For more information, visit www.sphere3d.com.
Safe Harbor Statement
This press release may contain forward-looking statements that involve risks, uncertainties, and assumptions that are difficult to predict. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of risks and uncertainties including, without limitation, unforeseen changes in the course of Sphere 3D's business or the business of its wholly-owned subsidiaries, including, without limitation, Overland Storage and Tandberg Data; any failure in the functionality of the NEO Series of tape libraries and autoloaders, either independently or used in conjunction with the LTO-7 tape technology, the continued adoption by users of our NEO Series of products, any increase in Sphere 3D's cash needs or our inability to obtain additional debt or equity financing; performance of our products; the level of success of our collaborations and business partnerships; possible actions by customers, partners, suppliers, competitors or regulatory authorities; and other risks detailed from time to time in Sphere 3D's periodic reports contained in our Annual Information Form and other filings with Canadian securities regulators (www.sedar.com) and in prior periodic reports filed with the United States Securities and Exchange Commission (www.sec.gov). Sphere 3D undertakes no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.
CONTACT: Media Contacts: Eileen Elam Sphere 3D 408-283-4734 media.relations@sphere3d.com Nick Foot BWW Communications +44-1491-636393 Nick.foot@bwwcomms.com
