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Technology Award Winners to be Honored.


Business Editors/High-Tech Writers

NEWARK, Calif.--(BUSINESS WIRE)--March 30, 2000

On Wednesday, April 12 , from 6 to 8 p.m., over one hundred entrepreneurs, investors, service providers and public officials will gather at the Pacific Athletic Club in Redwood Shores, to participate in the third annual "Technology Under the Stars" event, presented by the Bay Area Regional Technology Alliance (BARTA) to recognize the winners of the 1999 California Technology Investment Partnership (CalTIP) awards.

Kevin E. Brauer, President of National Integrated Services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption.  and Sprint Business, will be the keynote keynote /key·note/ (ke´not) in homeopathy, the characteristic property of a drug that indicates its use in treating a similar symptom of disease.  speaker, and Kathleen Borie, Director of Emerging Company Services for PriceWaterhouseCoopers (PWC), will present PWC's Survey on Venture Investment growth.

The CalTIP program provides matching grants matching grant Academia Non-peer-reviewed funding in which a commercial enterprise, foundation, or philanthropy, federal government, contributes a sum of money that 'matches' a financial contribution made by an institution, university or hospital.  -- in the range of $100,000 to $250,000 per year -- to companies that receive federal R&D awards. The California Trade and Commerce Agency's Division of Strategic Technology and Innovation sponsors the CalTIP program, which is managed regionally by BARTA.

Companies vying vy·ing  
v.
Present participle of vie.

vying vie
 for federal R&D awards are invited to submit proposals annually to the program, which distributed $6 Million in grant funds state wide in 1999. The eight Bay Area recipients received a total of $1.5 Million.

"The purpose of this event is to honor the achievements of the eight companies that won CalTIP awards this year," said Dr. Alexander Glass, BARTA's Executive Director, "as well as previous winners. CalTIP is a highly competitive program, and these companies richly deserve public recognition." CalTIP funds are specifically focused on accelerating the commercialization of new technologies.

The companies receiving the awards are located in Alameda Alameda (ăləmē`də, –mā`də), city (1990 pop. 76,459), Alameda co., W central Calif., on an island just off the eastern shore of San Francisco Bay; settled 1850, inc. as a city 1884. , Contra Costa Contra Costa can refer to:
  • Contra Costa County, California
  • Contra Costa (railroad ferryboat)
, San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St.  and Santa Clara Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
 counties. Most of the recipients are small businesses (less than 500 employees). "Small, high-tech businesses provide the engine of growth in our economy," Dr. Glass noted.

"They not only create new jobs, but through innovation, they launch entirely new products and industries. We're trying to apply our limited funds at the point of maximum leverage."

      The following companies will receive awards:

      Analatom, Inc. (Sunnyvale), MEMS Adhesive Bond Degradation Sensor

      Facilichem, Inc. (Menlo Park), Stable Liquid Membranes

      Integrated Magnetoelectronics (Berkeley), Magnetoelectronics --
    The Next Generation of Memories

      Intevac, Inc. (Santa Clara) Low Cost, Low Light Level Video Camera

      Kumetrix, Inc. (Union City) Painless Diabetic Blood Glucose
    Testing Product

      MBA Polymers, Inc. (Richmond), Developing Marketing Standards for
    Recycled Thermoplastics

      NanoNexus, Inc. (Fremont) Nano-Springs for High Density Testing
    and Packaging of ICs

      Seagull Technology, Inc. (Los Gatos), VSD/AHRS Project (Vehicle
    Display and Attitude Sensor)


BARTA is a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  established with funding from the California Trade and Commerce Agency to support technology-based business growth in the Bay Area. It is co-sponsored by the Bay Area Economic Forum and the East Bay Economic Development Alliance for Business.

Further information about BARTA, its programs, and the Technology Under the Stars event is available on the BARTA Web site, at http://www.barta.org.
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Publication:Business Wire
Date:Mar 30, 2000
Words:476
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