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IN THE NEWS
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PRESS
November 30, 2004
Wellspring and Ember Team to Create Industry's First ZigBee-Based Water Submeter
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Press Release | In The News 
UC San Diego Connect announces most innovative
new product (MIP) award finalists
San Diego Technology and Life Science Companies
Continue to Demonstrate Creative Applications and Product Development
SAN DIEGO (October 16, 2003) UCSD CONNECT
announces the finalists for the 16th annual CONNECT Most Innovative
New Product (MIP) Awards, reinforcing the regions reputation
as a business climate that supports emerging technologies and
encourages creative product development.
Products highlighted by this years cadre
of nominees ranged from computer security innovations and improvements
for accessing WI-FI to the first diagnostic test to detect West
Nile Virus in human blood. The 19 finalists were selected from
almost 100 entries from a range of companies.
The mission of the MIP Award is to honor top new
products. In addition, in recognition of the length of development
and regulatory time that it takes for drug treatments, gene therapy
and vaccines to come to market, for the second year, the Biotechnology
Research and Development category reviews life science products
in the R&D phase.
The finalists were honored last night at a reception
held at the Museum of Contemporary Art in La Jolla. Winners
will be announced at the CONNECT MIP Awards Luncheon to be held
Wednesday, December 10th from 10 a.m. to 2 p.m. at the Sheraton
Harbor Island hotel.
After 16 years, the MIP competition continues
to be a viable testimony to the strength and importance of future
technologies and the impact on the San Diego region. Despite
a challenging economic environment, San Diego based companies
continue to be on the forefront of innovation, said Greg
Horowitt, acting director of CONNECT.
Since 1988, the CONNECT MIP Awards program has
served as a benchmark for predicting the regions most successful
emerging technologies. From early stage biotechnology companies
to the first products generated by the regions telecommunications
boom, the awards program has been an indicator of the industries
and technologies that have fueled the San Diego economy.
The 2003 MIP Award finalists are:
General Technology:
- Palomar
Technologies -- the
Palomar Technologies
Model 6500 Precision
Eutectic Die Bonder
-- an
automated assembly
machine that precisely
picks, places, and
attaches tiny and
fragile electronic
and photonic components
and assembles complex
devices such as telecom
source lasers, RF-
MEMS switches, and
high performance
consumer products.
- Sempra
Fiber Links --
Fiber-In-Gas (FIG)
technology -- a
revolutionary, environmentally
friendly process
to install fiber-optic
cable in existing
natural gas pipeline
that avoids costly
trenching and other
more intrusive conventional
methods involved
with installing fiber-optic
telecommunications
networks in urban
areas.
- Oluma,
Inc. -- Pressure
Sensor System (Model
PTS-15)-- incorporates
patented, innovative
optical fiber sensors
specifically designed
for accurately monitoring
pressure and temperature
in extreme environments
such as downhole
oil wells.
Hardware:
- Tarari,
Inc. -- Tarari
Anti-Virus Content
Processor -- scans
for viruses at wire
speed and accelerates
the complex algorithms
used by leading Anti-Virus
applications to significantly
increase performance
and provide high
data throughput,
thereby effectively
eliminating the performance
penalty traditionally
associated with protecting
data in networks
and on servers.
- Wellspring
International --
Wellspring Wireless
Utility Services --
The only complete
water, gas, electric
and energy metering
sub-utility and utility
expense recovery
systems combine wireless
metering technology
and read-bill-collect
services with the
finest resident care.
- SAIC --
RTR® (Real Time
Radiography) Portable
Digital X-Ray Inspection
System -- a
fully digital x-ray
system designed to
investigate suspicious
packages for the presence
of explosive devices
or contraband, and
evaluate unexploded
ordnance for fusing
configurations.
Software:
- CineForm --
Aspect HD -- a
software high-definition
digital video engine that
allows professionals
in the event videography,
television, and film
post-production businesses
to edit high-definition
digital video in real
time on a standard
PC.
- ChemNavigator,
Inc. --
3-DPL Map -- a
new software technology
for drug discovery
that rapidly identifies
samples contained
within any chemical
library that are
likely to interact
with a drug target
by simulating the
interactions between
each chemical sample
and the surface of
the drug target.
- Genomatica,
Inc. SimPheny(TM)
-- a
modeling and simulation
software platform
to support the development
of metabolic models
and their simulation
using a constraints-based
approach that enables
the construction
of predictive genome-scale
cellular models.
- Preventsys,
Inc -- a Network
Audit and Policy
Assurance System
-- designed
to automatically
and frequently audit
network security
with regard to codified
enterprise security
policies, allowing
the organization
to "close the
books" on security
on a regular basis.
Telecommunications:
- Ensemble
Communications -- Fixed
Wireless Metro Ethernet
-- enables
operators to extend
metro Ethernet and
voice, video and
data solutions beyond
the fiber footprint
to provide businesses
with cost-effective,
high speed services.
- Hughes
Network Systems --
DIRECWAY Wi-Fi Access
-- the industry's
first satellite-based
solution for Wi-Fi
Hot Spots that is
initially targeted
at RV parks, campgrounds
and marinas and delivered
through WISPs (wireless
Internet Service
Providers).
- Zyray
Wireless --
SPINNERchip -- an
add-on WCDMA baseband
processor that enables
cellular handset
manufacturers to
upgrade existing
GSM/GPRS solutions
with WCDMA capability
in a low cost and
low risk manner.
Life Science:
- INNERCOOL
therapies --
The Celsius Control System-- an
endovascular approach
to the use of mild
hypothermia (32-34°C)
in the setting of
ischemic injury.
- Prometheus
Laboratories -- Hypolactasia
Variant -- the
first diagnostic
genetic test to help
physicians determine
if a patient's intolerance
to lactose is genetic
or symptomatic of
a more serious disorder.
- GenVault
Corp. -- DNA
Storage and Extraction
Plate -- an
extremely rapid and
cost-effective technology
platform to store,
retrieve, extract
and ship DNA samples
in the dry state
at room temperature
without use of cryogenic
systems (freezers,
liquid nitrogen tanks,
ice packs, etc.)
or requirement of
special biohazard
treatment to handle
blood samples for
subsequent DNA analysis.
Biotechnology R&D:
- CancerVax
Corp -- Canvaxin
-- is a therapeutic
cancer vaccine currently
being studied in
two Phase 3 clinical
trials for the treatment
of advanced-stage
melanoma, the deadliest
form of skin cancer.
- Gen-Probe,
Inc. -- Procleix
WNV Assay -- a
West Nile virus (WNV)
assay system that
can detect the presence
of West Nile virus
in freshly donated
human blood.
- Maxim
Pharmaceuticals --
Ceplene -- a
breakthrough, first-in-class
drug which is based
on the naturally
occurring molecule
histamine, with potential
to change the practice
of medicine in treatments
using the immune
system to fight diseases
such as cancer and
liver disease, including
Hepatitis.
About
CONNECT
UCSD CONNECT is the globally recognized, university-based non-profit organization
fostering entrepreneurship in the San Diego region by catalyzing, accelerating,
and supporting the growth of the most promising technology and life sciences
businesses. Focused on assisting growth companies in the San Diego region,
CONNECT has been directly involved with over 900 companies since its inception
in 1985, helping them raise over $11B in capital. Part of the University of
California, San Diego, CONNECT has a dual role in accelerating growth: it assists
growth companies in the San Diego region and promotes the commercialization
of technology from university-based research. CONNECTs programs also
help business service providers, attorneys, accountants, bankers, investors,
and marketing professionals with the knowledge about emerging technologies
and access to new business opportunities. CONNECT is entirely self-supporting
and receives no funding from the University or the State of California. It
is supported by membership dues, course fees, and corporate underwriting for
specific programs. For more information, visit connect.org.
About
Wellspring
Wellspring is the worlds most complete water and energy sub-utility offering
metering systemsas well as reading, billing and collecting servicesfor
all building types. Wellspring is based in San Diego, California and Bristol,
Pennsylvania. For more information, call 858-824-0900 or visit www.wellspringacquisition.com.
For more information, contact:
Wade
Smith, CEO, (858)
824-0900
wsmith@wellspringwireless.com
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