Technology Times June 2010
Vol. III, No. 1   March 2012

Members

Member Reports

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If you want your company’s news included in the June 6 edition of imPACT Times, please send your press releases to Dianne Strunk at dstrunk@philadelphiapact.com by May 21.


Ben Franklin Technology Partners of Southeastern PA
Philadelphia

  • approved $1,665,000 in funding for 11 early-stage companies. Burst Online Entertainment LLC, Philadelphia, is an independent video game and social network developer. CD Diagnostics, LLC, Wynnewood, Pa., is a developer of diagnostic tests for orthopedic surgeons and rheumatologists. CloudMine, Philadelphia, offers a platform eliminating the need for mobile app developers to build expensive and time-consuming custom backend solutions for apps. EyeIC, Inc., West Conshohocken, Pa., is a cutting-edge medical technology firm dedicated to commercializing imaging technologies for medical applications. Tadpoles, Philadelphia, offers Web-based and mobile app technology to link childcare and education providers to parents. Holganix LLC, Glen Mills, Pa., owns and markets the Holganix System, a turf health enhancer that is more effective and less expensive than the leading fertilizer products on the market. Plehn Analytics Corp., Philadelphia, compiles economic and financial reports from publicly available U.S. government-supplied data, enabling clients in the financial services industry to make more informed decisions. Prezacor, Inc., Newtown, Pa., is a medical products company developing and marketing an innovative pain management technology used in patches applied to painful areas of the body. QR Pharma, Inc., Berwyn, Pa., is a specialty pharmaceutical company founded to develop novel treatments for Alzheimer’s, Parkinson’s and other neurodegenerative disorders. RCD Technology, Inc., Quakertown, Pa., develops and manufactures high performance radio-frequency identification tags that are tailored to specific, high-value, technically challenging applications. Stabiliz Orthopaedics, LLC, Philadelphia, is a medical device company focused on developing, refining and bringing to market innovative and proprietary orthopedic medical devices.
  • has released its five-year report, Performance Profile: 2007-2011: Five Years of Success.

CBOS, Inc.
North Wales, Pa.

  • partnered with Tableau Software to offer more comprehensive, one-stop solutions to its performance management analytics consulting clients, which include Fortune 1000 businesses — primarily in the life sciences and construction industries — and organizations interested in optimizing their performance in the areas of human resources, finance, projects and processes. Through its relationship with Tableau, a global leader in rapid-fire business intelligence software, CBOS offers clients a way to compile and analyze large volumes of data from nearly any data source in minutes and then create interactive data visualizations, dashboards and analytics.

Edison Ventures
Lawrenceville, N.J.

  • made a $4 million investment in MediaBrix, based in New York City. Edison is the sole investor in the round. MediaBrix is an emerging leader in social media advertising for the largest brands in the world. Proceeds from the round will accelerate sales expansion and organizational scale, and will support innovative product development.
  • promoted David Nevas to Principal. Nevas focuses on investments in interactive marketing and e-commerce companies. He joined Edison in 2007 as a Business Development Associate and has originated investments in Motionsoft, Netprospex and CallCopy. Nevas conducted due diligence for Edison’s investment in Sanpulse. He currently serves as Board Observer of The Neat Company and previously was an Observer of the Checkpoint HR Board.

Fish & Richardson
Wilmington, Del.

  • was named the top patent litigation firm in the country by Corporate Counsel magazine. This is the eighth straight year that Fish has received the Number 1 ranking as the firm that handles the most patent litigation in the U.S. The annual survey, which was published in December 2011, ranks firms according to how many federal district court patent cases they handled in the previous year. In 2010, Fish handled a total of 128 cases, almost twice as many as the firm’s nearest competitor. Also, Fish received “Tier 1” IP rankings in every national category — Patent Prosecution, Patent Litigation, Life Sciences and ITC — in Managing Intellectual Property (MIP) magazine’s annual ranking of the top IP law firms in the U.S. This is the second year in a row that Fish has swept the Tier 1 national U.S. rankings.
  • added five new associates to its IP Litigation Group in Delaware: Jeremy D. Anderson, Michael A. Chajón, Warren K. Mabey, Jr., Michelle Nerozzi-Ankenbrand and Grace L. Wang. Jeremy Anderson previously was a Senior Associate at Connolly Bove Lodge & Hutz, where he litigated corporate disputes in the Delaware Court of Chancery and the District of Delaware. Before that, he was an Associate at Skadden, Arps, Slate, Meagher & Flom, where he represented business entities and individuals in corporate, commercial and securities litigation. Prior to joining Fish, Michael Chajón was a law clerk for the Honorable Leonard P. Stark in the United States District Court for the District of Delaware, and a judicial extern for the Honorable Sue L. Robinson of the United States District Court for the District of Delaware. Before his law career, he was a chemical process engineer for Sunoco, Inc. Warren Mabey previously was a law clerk for the Honorable Joseph H. Rodriguez in the United States District Court for the District of New Jersey. Prior to his law career, he was an electrical engineer for the U.S. Department of Defense. Michelle Nerozzi-Ankenbrand previously was a law clerk for the Honorable Raymond C. Clevenger III in the United States Court of Appeals for the Federal Circuit and for the Honorable Gregory M. Sleet in the United States District Court for the District of Delaware. She also was an Adjunct Professor of Patent Litigation at Rutgers School of Law. Prior to joining Fish, Grace Wang was a legal intern in the law office of the Cook County Public Defender. She received her J.D., cum laude, from the University of Michigan Law School in 2011, where she was the technology editor for Michigan Telecommunications and Technology Law Review.

Hollister Creative
Wynnewood, Pa.

    Phorum 2012
  • hired Ida Marie Higgins as a Sales Representative. In this role, she introduces institutions, companies and foundations to Hollister Creative’s award-winning content creation, graphic and Web design, and marketing communications services. Previously, she spent 12 years at the Eastern Technology Council, where she recruited new members and sold advertising in the Council’s various publications.
  • created the premier issue of Blue Lines, a new e-newsletter for clients and prospects distributed by MetroTechnology Services Inc., a company based in Wayne, Pa., that develops specialized software solutions to meet the needs of more than 400 law enforcement agencies. Metro’s Visual Alert software suite enables users to quickly and easily perform a variety of key functions, including responding to calls, preparing and managing reports, sharing information between municipalities and departments and controlling the flow of information from any location. In addition to creating the new e-newsletter, Hollister developed MetroTech’s interactive website, provides marketing advice and assistance, and designs all collateral and marketing materials for direct distribution or trade shows.

ICG Group, Inc.
Wayne, Pa.

  • reported that CEO Walter Buckley presented information about ICG Group’s progress, strategy and value proposition to the financial community at the 14th Annual Needham Growth Conference in New York City. ICG’s presentation may be found at www.icg.com by going to the “investor relations” tab and clicking “presentations.”

InfraScan Inc.
Philadelphia

  • reported that after four years in the FDA process, the Infrascanner Model 1000 has received a De Novo clearance. The Infrascanner Model 1000 is the first hand-held device intended to aid in the detection of life-threatening bleeding in the skull called intracranial hematomas, using near-infrared spectroscopy. The device helps healthcare providers identify patients with critical head injuries who need an immediate brain imaging study.

iPipeline
Exton, Pa.

  • received a significant investment from Technology Crossover Ventures (TCV) of Palo Alto, Calif., a leading provider of growth capital to technology companies. TCV General Partner Robert Trudeau will join iPipeline’s Board of Directors. TVC has a record of investing in industry-leading companies in the software and technology sectors, including: ExactTarget, Expedia, Facebook, FX Alliance, Green Dot, Groupon, MarketAxess, Netflix, OSIsoft and RiskMetrics.
  • reported that client Erie Family Life Insurance (EFL), a member company of Erie Insurance Group, has been recognized as a 2012 Model Insurer by Celent, a leading research and advisory firm. Celent’s annual awards are given to organizations that highly exemplify successful IT best practices and measurable business results. EFL received the award based on the collaborative work performed with iPipeline and Dell Services to automate selling, processing and administrative activities for life insurance.

NuPathe Inc.
Conshohocken, Pa.

  • appointed Bart J. Dunn as Vice President of Corporate Development and Licensing. Dunn is an accomplished biopharmaceutical executive, with more than 20 years of industry experience at large and small life science companies. He has a strong and diverse background with past roles in strategic planning, business development, corporate development, licensing and financial operations. Prior to joining NuPathe, Dunn served as Vice President, Business Development and Strategic Planning at Inspire Pharmaceuticals, where he led the company’s corporate development, licensing and strategic planning efforts, culminating in the successful sale of Inspire to Merck. Prior to Inspire, Dunn served in various business development and strategic planning roles at Pfizer.

RatnerPrestia
Valley Forge, Pa.

Delegation
  • received a visiting delegation from the State Intellectual Property Office of China (SIPO), at its Washington, D.C. office. SIPO is the government agency responsible for developing China’s intellectual property laws and procedures. It examines and issues patents, and oversees China’s intellectual property protection and enforcement procedures in general. During SIPO’s visit, Paul Prestia gave an overview of U.S. intellectual property litigation, including a comparison of the jurisdictional bases, procedures, typical costs and time lines for various types of litigation.
  • added Richard A. Howe II to its Valley Forge, Pa. office. Howe recently completed his clerkship in the Civil Division of the Delaware Department of Justice (DOJ). While at the DOJ, he wrote Summary Judgment motions submitted in the United States District Court for the District of Delaware and deposed witnesses for District Court cases. Prior to his time at the DOJ, Howe clerked for The Honorable Michael J. Kassel, J.S.C. of New Jersey. In 2009, Mr. Howe obtained his Juris Doctor degree and Master of Business Administration degree, magna cum laude, from Rutgers University - Camden. While at Rutgers Law School, he excelled in Intellectual Property Law and Patent Law courses, and enhanced his trial skills through Pretrial and Trial Advocacy courses. Upon graduation, he received the Pro Bono Publico Award for his significant service to the community.

University City Science Center
Philadelphia

  • welcomed four new companies into its Port Business Incubator. Immunocore, Kwelia and MedCity Media have taken desk space in the Bullpen, the Port’s newest co-working space. Pharmaceutical Press is occupying office space in the Port’s Hubert J.P. Schoemaker Lab at 3624 Market Street. Immunocore, the sister company of current Port resident Adaptimmune, is a privately owned biotechnology company developing innovative biological therapeutics for the treatment of a range of serious diseases. A graduate of DreamIt Ventures’ latest cycle, Kwelia, takes the guesswork out of managing apartment complexes by compiling a database of rental market data and, using a proprietary model, crunches the numbers. MedCity Media creates content for those with a vested interest in healthcare through MedCityNews.com and a range of custom content services. Pharmaceutical Press is the publishing division of the Royal Pharmaceutical Society, based in London. Pharmaceutical Press has been producing publications on pharmacy and related disciplines since 1842.
  • was awarded the Soft Landings International Incubator designation by the National Business Incubation Association. The NBIA’s Soft Landings Program recognizes incubators that are especially capable of helping non-domestic companies enter the incubator’s domestic market. Through its Global Soft Landing (GSL) Program, the Science Center’s Port Business Incubator helps global companies establish a foothold in the region’s life sciences and technology markets. GSL provides international companies with fully equipped labs, plug and play offices, and access to the Science Center’s full suite of business support programs — as well as assistance tailored specifically to non-domestic firms to help foreign companies establish strategic relationships with a highly qualified network of industry experts in the Greater Philadelphia region.

WeiserMazars
Lake Success, N.Y.

  • merged with accounting firm Biscotti, Toback & Company, which specializes in the food and beverage industry. A team of eight Partners and 32 staff members joined WeiserMazars’ Long Island practice, making WeiserMazars LLP one of the largest accounting firms in Long Island.

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