| Follow Us: Facebook Twitter RSS Feed

Innovation + Job News

802 Articles | Page: | Show All

Temple uses tech to partner with Liverpool school and dance across the Atlantic

A Temple University professor is teaching a dance class in England from his office in Philadelphia. Two dance instructors have teamed up for an international dance collaboration between students at Temple here in Philadelphia, and Liverpool John Moores University in the UK. Using the internet, dancers on both sides of the Atlantic learn and perform together. Earlier this month, Temple participated in the LJMU Spring Dance Festival without leaving Philadelphia. The performance is part of a four year project, culminating this fall, to push the boundaries of dance instruction and performance using technology.

Professor Luke Kahlich, Director of Temple's Center for Research in Dance Education, connected with Pauline Brooks of Liverpool John Moores University in the UK at an international dance conference in 2006. "What happens if we try to challenge the creative process over the internet?" Adapting existing teleconferencing tools, the two schools set up cameras in dance studios in Philly and Liverpool, allowing dancers to practice and eventually perform together.

Students added their own spin with Skype, Facebook, YouTube and online chat.

"Dancers are so used to having their bodies next to another human body," says Kahlich.

Over time, that sense of distance faded. A field trip to Liverpool helped, but Kahlich also remarked that his students are way ahead of him technology wise, and are used to remote communications in so many other areas of their lives. Dance pieces were choreographed through video. Kahlich says that every Friday morning for three hours, he sat at his desk in Philadelphia and worked via the internet with the group in Liverpool, where students were divided into two practice studios.

"I would see both groups in different spaces on my computer," he says. "At the end of the session, they would come into one space, and I would be a giant head on a screen in Liverpool. At the same time we archived sessions from different angles. I could access all of those to send notes for the next rehearsal."

The resulting dual performances in front of an audience took place in both locations simultaneously, with remote dancers projected life size on a screen in the theater of the corresponding event.

The Liverpool-Philly dance collaboration follows a larger trend in higher education, says Kahlich. More and more job postings require teachers to be tech savvy. And students add that dance needs to keep up with the technological world as well.

Source: Luke Kahlich, Temple University
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


Philadelphia Printworks puts the message out front

Top style and ideas for fledgling clothing brand Philadelphia Printworks come from the lovely and talented minds of April Pugh and Ruth Paloma Rivera-Perez. Headquartered at North Philly's Emerald Arts Studios at 9th and Dauphin, Pugh and Rivera-Perez are using T-shirt fronts to spread the word about issues and people they care about. "If people don't listen to NPR, or do their own research, there's a void, and that's what we're trying to fill," says Rivera-Perez, who cites a design based on concerns over fracking for Marcellus Shale natural gas.

And the message is more than just political. Some of the designs celebrate the contributions of lesser known cultural figures, like Nina Simone and Jean-Michel Basquiat. On top of the duo's designs, says April, PPW will take custom orders.

Rivera-Perez, who grew up in Cherry Hill, N.J., is also Political Science/Urban Studies student at Rutgers-Camden, graduating in the spring. Pugh also writes the April's Flowers tumblr. Both have been working about 36 hours a week at PPW as well, and report that starting up the new business feels like a full time job. On a recent Saturday night, the ladies were up past midnight building inventory.

When asked about sales targets for the coming year, Pugh and Rivera-Perez respond that it's less about sales and more about accomplishing the mission of providing a place for the community to speak through wearable art. PPW plans on opening up the studio for community workshops, where people can come print their own designs. They're also planning an artist residency program, with a resulting collection that will be on sale this summer.

Check the PPW blog and Facebook page for updates, or look for Pugh and Rivera-Perez selling shirts on First Friday at the corner of 2nd and Market.

Source: Ruth Paloma Rivera-Perez, April Pugh, PPW
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

G Philly: Region's new LGBT magazine more than just glossy

It's the lush lifestyle magazine you don't have to be gay to love. The premiere glossy issue of G Philly has just hit the streets and it's a beauty. The eye-catching publication in an eight-inch square package and a spinoff of Philadelphia magazine, sharing staff and offices. Natalie Hope McDonald has a brand new job as editor of both the print publication and the online blog that aims to cover everything lesbian, gay, bisexual and transgendered throughout the Delaware Valley. "Our aim is to showcase the best of gay life -- what's fabulous -- while also having conversations about same-sex marriage, parenting, politics, health and other hot-button issues that really impact lesbians, gays, bisexuals and transgendered people we know," says McDonald, a longtime freelance writer and photographer who initially helmed the online component and took over the top post on the print side as well. "The G Philly blog kicked off in October of last year in advance of the launch of the first print issue, says McDonald. "It's where you'll find breaking news and interviews with famous folks, local movers and shakers, events, and issues that matter to LGBT readers."

The resemblance of the magazine to GQ is unmistakable, and McDonald concurs. "Philly deserves a gay magazine that looks as great as GQ but covers exactly what regional readers want to know about." In the past, Philadelphia's LGBT community relied on less aesthetically pleasing publications like the Philadelphia Gay News and Au Courant for its news. "We live in a time when the future of gay rights is unfolding every day," says McDonald. And, she adds, while G Philly is aimed at the LGBT community, you certainly don't have to be gay to pick up an issue. "Who doesn't want to know where to eat the best brunch or belt out your favorite show tunes, like, seven nights a week? Okay, so maybe that is kinda gay."

G Philly's relationship with Phillymag.com allows crossover: readers who come for the LGBT content can also click on the Health blog or the Philly Post of the parent publication. McDonald says that inclusive nature is what makes her job such fun. Look for the print publication at local shops and gay bars, sign up for an issue online, and find G Philly on Facebook, Twitter and Foursquare.

Source: Natalie Hope McDonald, G Philly
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

Old Fishtown schoolhouse to host a variety of artists and their many visions

You've got your art. You've got your school. Put them together for a new kind of art happening called Experiential, Environmental, Educational. Opening this Thursday, April 14 at 6 p.m., a floor of classrooms plus the coatroom of a 19th century schoolhouse will offer a wide range of immersive environments, each discrete space representing a different artist's vision. Participants are curator Jerry Kaba, along with C. Pazia Mannella, Daniel Ostrov, Jacque Liu, Jessie Hemmons, Joanie Turbek, Katya Gorker, Mike Ellyson, Ryan W. Kelly, and Tim Eads.

Kaba, who holds an MFA from Tyler School of Art, admits the title is a mouthful, but he wanted to come up with a large enough umbrella for the concept that's been in his head for several months. The Old School Studios, an ornate Victorian red brick building constructed in 1891, has been purchased by David Gleeson, Richard Hricko and Nicholas Kripal, owners of the nearby Crane Arts Building. It's an extension of the artists' community at the former warehouse.

Kaba envisions a carnival-esque feeling at Experiential, Environmental, Educational, with what he calls active installations. Each room will provide an entirely new experience. In some rooms, there will be performance, and in others, video. Outside, yarnbomber Jessie Hemmons will be adorning the wrought iron front gates with hundreds of hot pink pom-poms.

"I like to bring people in with a playful theme, then give them something more serious to consider," says Kaba. "The people in this show are working like that. There's a degree of humor with more serious undertones." Ryan W. Kelly, whom Kaba terms a master of papier mache, is constructing a giant Teddy Roosevelt head and teddy bear. This levity is contrasted with Pazia Mannella's installation and performance "Indulgences," based on a harrowing experience in which she was locked in a Catholic school coatroom as child. And if you are looking for strange things to pick from trees, check out Joanie Turbek's 8-foot tall porcelain tree. For a small fee, you will be able to take home an object hanging from its cold white branches.

If you miss Thursday's opening, Kaba is happy to arrange viewings by appointment. He expects the show to run for about a month, depending on how soon permanent tenants start moving into the Old School Studios.

Source: Jerry Kaba, Experiential, Environmental, Educational
Writer: Sue Spolan

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

Wallquest's World: Wayne wallcoverings firm wins small biz award for exports, hiring up to 40

Wallquest has China covered. Dubai, Egypt, Saudi Arabia, and India, too. The Wayne-based wallcoverings firm was just named Small Business Exporter of the Year by the Export-Import Bank, and received an award this week in Washington, DC. Wallquest's exports rose 76 percent to more than $17 million since 2008, thanks to robust sales overseas. Jack Collins is Vice President of the family-run company, which he runs along with his brother and father, who acquired Wallquest in 1985.

While the original customer base was domestic, big box retailers and toll free sales left no one to sell to in the United States, and Collins says Wallquest had to go overseas around 2005, now selling environmentally-friendly products in more than 50 foreign markets. With a good brand name in America, the company has had great success in emerging markets in Asia and the Middle East, and the trend is toward American design.

"You wouldn't think someone in Saudi Arabia or China would want American country style, but they do," says Collins, who explains that among affluent Chinese homeowners, a big wooden kitchen table is a sign of wealth, and American design dovetails with that table.

While Wallquest is a relatively small company, says Collins, its line is more extensive than competitors', with around 35 collections coming out this year.

"Our business used to be more seasonal, and now it's not because of our international clients. When the US market is strong in winter and spring, it's Chinese New Year, and in the summer, when the US market is down, the Chinese and Middle East markets are coming up."

Collins is grateful to both Ex-Im Bank and PNC Bank for playing an essential role in the company's global growth. Wallquest wallcoverings are made with water based inks and the highest quality printing technology in the main manufacturing facility in Wayne; recently, the company acquired and retooled two other factories in New York and New Jersey, bringing the total number of employees to 150. Later this year, Wallquest plans on opening another facility in King of Prussia, hiring an additional 30 to 40 employees.

Source: Jack Collins, Wallquest
Writer: Sue Spolan
802 Articles | Page: | Show All
Signup for Email Alerts