MTEC News

HANCOCK, MI MTEC SmartZone announces that two new tenants have entered its SmartZone business incubator located at the Portage Campus Building in Hancock, MI. Extreme Tool & Engineering Inc. has opened a research and development center, extending from its headquarters in Wakefield, MI and Hawk Technologies, Inc. has more than tripled its footprint from its prior facility in order to pursue new product development. Recent expansions of companies at the facility have it completely filled for the first time since it opened in July, 2005.

Extreme Tool & Engineering has opened its SmartZone research and development office to help create new value added products for its customers. While the company's facilities in Wakefield are dedicated to manufacturing and tooling, the Hancock facility is dedicated to product design and development. According to its President, Michael Zacharias, “The proximity to industrial design sources from Finlandia and engineering resources from Michigan Tech make the new location ideal for a wide range of products and markets. This combination allows Extreme to provide full plastic product development services from initial idea to molded parts in your hand.” In April, Extreme Tool & Engineering was recognized by Michigan Governor Jennifer Granholm and the Edward Lowe Foundation as one of the “2008 Michigan 50 Companies to Watch” at the Michigan Celebrates Small Business Entrepreneurial Awards in Lansing, MI. Extreme Tool & Engineering expects its Hancock operation to support up to 10 positions within the next three years.

Hawk Technologies, Inc. is entering the SmartZone incubator facility to expand its capabilities in research, engineering and product design. From its new offices, Hawk can better serve its clients in the aerospace, automotive, manufacturing and military industries. Company President, Dorothy Ruohonen explains, “This expansion to the SmartZone provides Hawk with the environment we need at this transitional phase in growing our business. In addition to expanding our contract engineering work, we have two patents pending along with several other products in our development pipeline to introduce to significant world markets.” Hawk Technologies plans to staff up to 13 positions during the next three years.

With the two companies entering the Portage Campus Building, MTEC SmartZone finds its Hancock facilities filled to capacity. According to Program Manager Jonathan Leinonen, 2008 has been a year of remarkable growth for SmartZone companies. “Just about all of the SmartZone companies are experiencing significant growth this year.” In addition to Extreme Tool and Hawk Technologies coming in, other tenants to expand include Consistacom, The LaSalle Technology Group, SWH Consulting and Up & Running Systems Services. “In this sense, we are providing scalable space that was the very intention of the incubator. As companies are maturing, we help them look ahead to the next step, both in terms of space and programs to sustain companies at each phase of growth.”

In the late 1990's Michigan SmartZones were established to facilitate the transfer of technologies developed in Michigan's public universities to the commercial marketplace and foster the high-tech sector of Michigan's economy. MTEC SmartZone offers resources for high-tech entrepreneurs and growth-oriented companies through services, education, investment options, technology and business relationships enabled through its network of collaborators including Michigan Technological University and Finlandia University, the cities of Houghton and Hancock and the Keweenaw Economic Development Alliance with funding support from Michigan Economic Development Corporation. SmartZone is a service mark of Michigan Economic Development Corporation. More information is available at www.mtecsmart.com.

Noon – 1:30pm, Monday, August 13th, 2007 – Everyone is Welcome to Attend

* Learn how to access Finnish markets and business opportunities

* See what assistance is available to develop business relationships in Finland

Led by Kevin Manninen, marketing lecturer, and Aleksi Rastela, international business student, both at Jyvaskyla University of Applied Sciences

Local companies are also invited to share their experiences about conducting business in Finland.

Topics to be covered include:

· Finland in brief; facts and figures

· Business culture and environment

· Business opportunities in Finland

· Types of assistance that are available to help U.S. companies enter Finland

· How operations in Finland serve a multinational business approach

Held starting at noon in the Ford Conference Room at the Advanced Technology Development Complex, 1402 E. Sharon Avenue, Houghton, MI

Registration by August 10 is requested by contacting Aleksi Rastela 906-487-2037 or aleksi.rastela@gmail.com. Refreshments will be provided and there is no cost to attend.

MTEC SmartZone is expanding its high-tech business seminar series for 2007 with new topics and online access to serve more companies across the Upper Peninsula . Over the past two years, more than 250 attendees have benefited from marketing and patent related seminars offered through MTEC SmartZone. This year, its seminars will highlight four key stages of company development: establishing a company around technology in the U.S. market, building a high-tech company to forecast, developing international markets and planning for third-stage business growth. The first of these stages will be covered through six seminars starting this month.

According to Jonathan Leinonen, program manager for the SmartZone, these seminars are intended to lead business owners through the entire lifecycle of a high-tech business. “Over the last couple of years we have seen a steady stream of technology-related entrepreneurs within the SmartZone. While continuing to help new companies establish themselves, our programs now extend further to help maturing companies that need to become more process driven, to grow strategically and to prepare for significant business development such as international pursuits and third-party financial investment.”

From now into April, seminars will cover topics that entrepreneurs and further-established companies will find helpful. On January 31, an online seminar will be provided by Brooks Kushman P.C. from Southfield , MI , on the basics of patent protection. “This has been a popular in-person seminar but this the first time we are offering it online. If the response is favorable, we will continue to provide future seminars in this format,” Leinonen said. Other seminars to be held at SmartZone facilities in Houghton include: On February 15, BBC from Ann Arbor will provide information on how to secure funding and new contract opportunities; on February 26, Brooks Kushman P.C. will discuss how to effectively use business contracts and licenses; on March 6, Ann Arbor Spark and MTEC SmartZone will discuss the new Michigan Pre-Seed Capital Fund; on March 13 & 27 MTEC SmartZone will present a seminar on high-tech product pricing and on April 4, Know/Go NPD from Dallas will explain the methods for conducting effective technology market research. All of these seminars are open to the public. For more information on these programs and the MTEC SmartZone, contact Jonathan Leinonen at 906-487-7004 or visit the MTEC SmartZone website at www.mtecsmart.com .

ThermoAnalytics, Inc. of Calumet , MI has recently been awarded a $75,000 contract to develop a modeling tool for the integration of HVAC systems for the U.S. Department of Defense as part of the Small Business Innovation Research (SBIR) program. The research will seek to optimize the thermal management of vehicles by allowing the designer to perform many separate analyses on a large number of different design cases. To capture all of the interactions among the various systems, it is often necessary to simulate a complete vehicle. Therefore, fast, accurate simulations are required that can incorporate all of the factors (such as multiple heat sources, material properties, time-varying loads, and background effects) that affect the thermal performance of the vehicle.

ThermoAnalytics was awarded a Phase I feasibility project on this subject with hopes of future development. Phase I projects are reviewed by the Department of Defense with the most promising projects being awarded Phase II funding. The Phase I research will provide data that will be used to develop a requirements document for a more advanced HVAC system modeling tool. This HVAC thermal modeling technology also has commercial applications in the automotive, aerospace, and architecture industries.

“This is another important innovation for the Department of the Defense, and we are pleased to contribute to it,” says Keith Johnson, President of ThermoAnalytics. “The HVAC design tool will help create vehicles with improved safety and reduce the thermal fatigue and stress of our troops in the field.”

ThermoAnalytics, Inc. of Calumet, MI has also recently been awarded a $75,000 contract to continue research into buried mine detection and thermal vehicle tracking for the U.S. Department of Defense as part of the Small Business Innovation Research (SBIR) program. The research will investigate the thermal and physical properties of disturbed soil in contrast to undisturbed soil as a method of tracking vehicles and detecting buried land mines. The IR apparent contrast between undisturbed soil and disturbed soil above a mine or in a vehicle track can be substantial; ThermoAnalytics' detection system will measure the physical properties and thermal properties of the soil, allowing for advanced land mine detection and vehicle tracking studies. Because data varies based on environmental factors, further research will be conducted to determine the optimal times of day for detection and the effects of climate conditions on detection methods.

The Phase I research will result in a conceptual prototype model that predicts the physical temperature and infrared apparent temperature of soil disturbed by the passage of wheel and tracked vehicles and by the burial of land mines. ThermoAnalytics was awarded a Phase I feasibility project on this subject with hopes of future development. Phase I projects are reviewed by the Department of Defense with the most promising projects being awarded Phase II funding.

“This project recognizes our present state-of-the-art technologies and will help us to define the next generation of thermal signature detection technology,” comments Dr. Al Curran, Vice-President of ThermoAnalytics. “As we incorporate more comprehensive physics into our simulations, they will be even more accurate and useful to the defense community.”

Founded in 1996, ThermoAnalytics, Inc. is an employee-owned company with its headquarters in Michigan 's scenic Upper Peninsula . ThermoAnalytics' engineering services help engineers worldwide to optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and cost. In addition to providing engineering services, ThermoAnalytics is a leading developer of thermal, fluid-flow, and infrared modeling software. ThermoAnalytics' software is used throughout a wide range of industries, including defense, automotive, aerospace, architecture, electronics, and manufacturing.

ThermoAnalytics delivers engineering solutions in thermal modeling, infrared modeling, laboratory testing, field testing, and research. ThermoAnalytics' thermal and infrared software products are available directly from ThermoAnalytics or through an international distributor network. Additional information on ThermoAnalytics' services and software products can be obtained by visiting www.thermoanalytics.com or by e-mail at info@thermoanalytics.com.

MTEC SmartZone will hold its quarterly patents seminar in Kingsford , Michigan on November 2. Seven prior seminars held across the Upper Peninsula have drawn over 200 attendees and follow-up consultations have prompted eight U.S. Utility Patent applications to be filed by Upper Michigan companies.

All area entrepreneurs, businesses and inventors are invited to attend a patent seminar to be held in Kingsford , Michigan on November 2, 2006. Whether you have an invention and are wondering how to turn it into a business or already have a business and wonder how to improve your strategic position using a patents portfolio, this is an opportunity to consider your options with the expertise of a registered patent attorney.

Leading the seminar will be Mr. William G. Abbatt, patent attorney from Brooks Kushman, P.C. in Southfield , Michigan . He will discuss the types of patent applications, the process to file a patent application, costs and related considerations. The seminar will be held at the Kingsford City Hall , Council Chambers at 6:00 to 8:00PM Central Time. Interested persons and businesses may also request to have a 30-minute initial consultation with the patent attorney prior to the seminar.

The seminar is provided to all interested persons at no cost to attend. Funding is provided in part from the Michigan Technology Tri-Corridor and the Upper Menominee River Entrepreneurs and Inventors Club. To register for the seminar, to request an initial consultation or for more information, contact the Dickinson Area Partnership at 906-774-2202 or MTEC SmartZone at 906-487-7004.

Based on input from several U.P. companies, MTEC SmartZone is considering to hold a pricing seminar for high-tech companies. Guided by pricing professionals from high-tech industry, attendees will learn to develop useful pricing models, to apply value-based pricing and to address specific pricing challenges. Over a two-day session, you will have an opportunity to work on your own pricing issues for immediate benefits , as-well-as consider pricing principles for longer-term decision making.

Considering the significant value that expert pricing assistance will return with high-tech companies in the U.P., the SmartZone is arranging the only seminar of this kind to be offered at a significantly discounted cost. At this point, we need to ensure a full attendance of 30 people for the two-day seminar. Your response of interest is needed to ensure that we will have full participation. High-tech companies in the Michigan Technology Tri-Corridor fields (advanced automotive, homeland security and life sciences) will be given first priority for registration. The exact price, date, location and registration information will be determined based upon the interest that we receive.

To confirm your interest or to inquire further about this pricing seminar, please contact Jon Leinonen at MTEC SmartZone at 906-487-7004 or send an email to jleinonen@mtecsz.com. This is exceptional opportunity and we hope your company takes full advantage the value that it presents to you.

GS Engineering Secures Federal Appropriations

Photo: A GSE employee shows prototypes of the company's advanced design for light-weight tracked-vehicle wheels.

Houghton-based GS Engineering, Inc. will benefit from a $1 million defense appropriation for the coming year, in its quest to develop lightweight military wheels at a reduced cost. The company will direct the funding into further development of lightweight, long lasting aluminum road wheels and into advanced technologies to improve the life of the wheel. These wheels will support programs for both the Army and Marine Corps, for new vehicles and to improve existing vehicles. The firm specializes in design, analysis, vehicle testing, and material technologies. The wheels are produced through a network of manufacturing partners.

GS Engineering would like to sincerely thank Representative Bart Stupak, Senator Carl Levin, and Senator Debbie Stabenow for their support. This funding is critical to the stability and growth of U.P. companies and communities alike, as it brings high quality jobs to the area. MTEC SmartZone CEO, Carlton Crothers quotes “We are very proud of the achievements and growth GSE has experienced since moving into the SmartZone high-tech incubator.”

GS Engineering was started in 2001 by president Glen Simula. In 2003, GSE moved into the MTEC Smartzone program and has grown to over 36 full & part-time employees. Over last three years GSE has maintained a 30 percent growth rate, and this funding will allow GSE to increase its growth further. Five new employees have been hired this year and the company is currently filling two additional vacancies in their engineering department. GSE maintains offices in Calumet & Rochester Hills, MI and Woodbridge VA. GSE was voted one of Michigan 50 Companies to Watch in 2005. Visit www.gsengineering.com for more information.

SmartZone features Best Practices Business Seminar Registration Form

HOUGHTON, MI A four-part seminar will show business owners and managers the best practices to manage and promote their companies more effectively. Taught by a former chief financial officer, the series explores how to use your company's financials to improve cash flow, attract investment, reduce taxes and negotiate your best position when signing contracts.

Mr. Robert Mark is a lecturer at Michigan Tech and is a frequent speaker at nationwide seminars and professional meetings. As the chief financial officer of Rowe Incorporated, he helped the company grow from a $2 million, 35- person firm to a $150 million corporation with 150 employees. Additionally, Mr. Mark is an experienced entrepreneur, having previously owned a company that develops software to administer corporate pension plans.

Mr. Mark will share his expertise and years of experience as a technology business owner and as a chief financial officer to help participants gain a more competitive edge. “It's never an even playing field. When a dozen banks once replied to me with at-market rates on a loan, I stamped them all with the largest red stamp I could find with the words ‘REJECTED, try again.' That got their attention and I ended up with an at-prime loan with no closing costs. Many businesses are failing by not asking for what they've earned. I teach business owners and managers to go into negotiations properly prepared.”

MTEC SmartZone is offering the 4-part Best Practices Business Seminar Series led by Robert Mark to all businesses and individuals at a special rate of $20.00 ($250.00 value). The series will be held at the Advanced Technology Development Complex in Houghton, Michigan. The series will meet on September 11, October 16 and November 13, concluding on December 11. All registered attendees will receive a 59-page outline and notes written by the speaker.

To register for the Best Practices Seminar Series, visit the MTEC SmartZone Web site www.mtecsmart.com or call the MTEC SmartZone program manager, Jonathan Leinonen, at 906-487-7004. SmartZone is a registered service mark of the Michigan Economic Development Corporation.

New seminar provides patent and marketing guidance for high-tech businesses AUGUST 30, 2006 in Houghton

Photo: Patent attorney Bill Abbatt speaks with the attendees of the August 30 seminar.

HOUGHTON , MI – MTEC SmartZone is offering a two-hour patent and marketing seminar for high-tech companies and entrepreneurs on August 30, 2006. Opportunity to receive individual patent counseling will also be available. In conjunction with the patent seminar, an independent marketing and communications professional will discuss marketing considerations for new product innovations.

Patent attorney William Abbatt of Brooks Kushman, P.C, will lead the patent topic discussion of the seminar. The presentation will cover the essential points of patenting including: the types of patents available, explaining the legal protection patents offer, and the process and associated costs in applying for and maintaining a patent. By appointment, Mr. Abbatt will also hold individual consultations to discuss potential patent applications and specific patent related questions. The second part of the seminar will be led by marketing and communications professional Dean Woodbeck. Entrepreneurs will learn about the basic considerations of bringing a new product to market including identifying a target market, how to differentiate your product, financial considerations and related marketing aspects.

HOUGHTON, MI Businesses and entrepreneurs from across the Upper Peninsula will benefit by attending two SmartZone seminars led by experts in equity investment and international trade & exporting. Each seminar will provide general information, identify sources for specific assistance, and offer insight from numerous years of professional experience in each field.

On Tuesday, July 11 from 10 a.m. to noon, Tom Maguire from the U.S. Department of Commerce's Grand Rapids Export Assistance Center will discuss types of international trade assistance available to local businesses, identify export finance sources, explore building local export assistance partnerships with global organizations, and the promotion of international education at the community level. This seminar will provide the greatest benefit to businesses that are planning to import from suppliers or export goods to foreign markets. Companies that are already involved in international commerce will also benefit from tips on successful planning strategies, intellectual property rights protection, administrative requirements and current national trade agreements.

On Thursday, July 13 from 10 a.m. to noon, David Weaver, President of Great Lakes Angels in Bloomfield Hills, MI will discuss equity investment strategies. Focused on entrepreneurs and small businesses, Mr. Weaver will explain the numerous forms of equity investment, common pitfalls and false assumptions that affect investments, investors' expectations and types of support they provide and investment terms and deal structures. The information provided through this seminar will benefit anyone that is considering equity financing for business growth. Individual meetings are also available to discuss more specific questions about investment procedures through Great Lakes Angels.

Both seminars are being offered free of charge though the MTEC SmartZone and will be held at the MTU Advanced Technology Development Complex, 1402 East Sharon Avenue in Houghton. Registration and additional information are available on the MTEC SmartZone Web site at www.mtecsmart.com . For more information on these programs contact Jonathan Leinonen, Program Manager at 906.487.7004. SmartZone is a registered service mark of the Michigan Economic Development Corporation.

HOUGHTON, MI GHSP, Inc. becomes the fourth company to open a satellite innovation center in the Upper Peninsula's MTEC SmartZone business incubator headquartered in Houghton , Michigan . The GHSP Innovation Center will lead new initiatives in product innovation and development through a satellite operation of the company's corporate office in Grand Haven, MI.

According to Bob De Jonge, overseeing the Innovation Center initiative for GHSP, the SmartZone offers an ideal point of presence for the company. “The SmartZone helped us to pull resources together in a manner that allowed us move quickly. This was especially important so that we could offer positions to the graduating engineers we sought from Michigan Tech University .” De Jonge, presently a Senior Research Engineer at Michigan Tech, developed the Innovation Center from a model used by other SmartZone companies. “We're looking carefully at how other companies are fostering innovation, trying to encourage open collaboration, and rolling in some of our own unique ideas. GHSP is taking early critical steps in this process by starting with recent graduates working full time through the Innovation Center , and following on from their highly successful senior design projects sponsored by GHSP. Continuity and creative thinking are key elements we want to capture & nurture at the Center. The supportive network offered by Michigan Tech coupled with the SmartZone's infrastructure are nearly an ideal combination; a ‘perfect storm', in a good sense!” Two of this year's graduates from Michigan Tech started working at the Innovation Center in May.

Jonathan Leinonen, Program Manager for MTEC SmartZone is not surprised by the growing interest that companies are taking in the SmartZone. “Nearly half of the people working in our SmartZone incubators are employed by companies headquartered outside the Upper Peninsula . We're seeing more companies coming forward that want to engage students and alumni from Michigan Tech without having to relocate them. By expanding an office to the SmartZone, established companies from outside the region can quickly set up a local office, attract professional engineers and develop joint projects with Michigan Tech and enhance innovation. The innovation center concept offer low cost expansion for the parent company while local employees enjoy the community and lifestyle of the Keweenaw.”

GHSP is a leading global supplier of transmission shift systems and electronic throttle controls. The company serves customers around the world in the automotive industry as well as in other surface transportation industries. Founded in 1924 and headquartered in Grand Haven, Michigan , GHSP operates 12 sales, engineering, and manufacturing facilities in North America, Europe and Asia . For additional information on GHSP visit http://www.ghsp.com

On May 11, GHSP opened its Houghton Innovation Center. Pictured above, two employees discuss a company project.

Escanaba , MI – Entrepreneurs, small businesses and anyone involved in new product development will have an opportunity to learn how to legally protect their inventions through patent assistance planned in Escanaba.

In conjunction with the Delta County Economic Development Alliance and the Michigan Technical Education Center(SM) at Bay College , the MTEC SmartZone(SM) has scheduled a patent seminar in Escanaba on May 15, 2006. Led by a patent attorney, the seminar will provide attendees with a clear understanding of patents, the process, costs and timeline for applying for a U.S. patent, related legal agreements and patent valuation toward a company's business strategy. The presentation will also include speakers from the M-TEC at Bay College and the SmartZone based in Houghton to highlight the local resources that are available to assist in business development.

Patent attorney consultations are also available by appointment to qualified entrepreneurs and businesses. Similar seminars offered in Houghton have drawn over 125 attendees, provided more than 20 initial consultations and prompted seven U.S. utility patent applications from Upper Michigan companies.

In addition to patent assistance, the SmartZone also provides direct support of marketing program development for a growing list of high-tech businesses in the Upper Peninsula . These include development and improvement of business' marketing plans and strategies, obtaining market research and specialized assistance from marketing consultants, and designing company literature and sales materials. Clients have been helped to develop unified marketing plans that include forming a company identity with names and logos, designing product and service brochures, purchasing customer lists and industry reports, preparing for trade shows and helping with related methods to define market opportunities, identify customers, develop focused communications and enhance sales opportunities.

The Michigan Tech Enterprise SmartZone is a 501 (c) (3) private non-profit corporation and has as its mission the growth of the high-tech job base in the Upper Peninsula by commercializing technology, supporting and mentoring the growth of technology companies currently located in the region, and attracting technology companies to the area

SmartZone Company, New Dimension Crushers, Reaches Out to Hurricane Katrina Restoration Effort

Houghton, MI : In the aftermath of destruction and chaos left in Katrina's path, a Michigan SmartZone Company recognized an immediate need for their innovation product. New Dimension Crusher's (NDC) 2412, a portable and powerful rock & debris crusher, allows contractors to crush materials, including concrete, brick and block, on-site, there by reducing the labor and expense of trucking debris to an off-site crushing facility or landfill. Coupled to a skid-steer loader, the crusher quickly turns piles of waste into usable aggregate fill. This versatile unit is hydraulically powered by the loader, is easily connected, lightweight and its long-lasting industrial design is virtually maintenance free. The company's founder, Bob Niemela watched in shock as Katrina hit. “I knew the clean-up efforts were going to be like nothing we could ever have imagined. NDC's 2412 crusher was designed for on-site debris management and processing. We're proud to be a part of the clean-up and rebuilding process in New Orleans .”

Kurt A. Degueyter of Bottom Line Equipment, L.L.C., recently purchased a 2412 and is demonstrating the crusher to construction and demolition companies at his facility near the New Orleans International Airport . Degueyter's response to the crusher's performance capabilities,”This is perfect for Katrina clean up. Companies involved in the clean up efforts are faced with the problem of finding landfill areas for the massive amounts of large aggregate debris. The crusher provides an economical solution by recycling cement, bricks and blocks for use on site where crushed material can be used again. It's a perfect solution, reducing labor time and cost while also providing a good use of waste materials.”

With assistance provided by the MTEC SmartZone, established by the Michigan Economic Development Corporation to foster the start-up of high-tech companies within the state, NDC has launched it's first product. MTEC SmartZone CEO, Carlton Crothers and David Weaver a MTEC SmartZone Board Member are providing assistance with product launch. “NDC has developed an innovative product and we're encouraged by the market response,” offered Crothers.

NDC offers high yield, low maintenance crushing equipment for the construction, demolition, road maintenance, mineral exploration and mining industries. The company's patent-pending crushers increase contractors' productivity, conserve energy, and recycle waste otherwise bound for landfills. Company founder and inventor, Bob Niemela, has more than 30 years of industrial experience working with mining equipment and on-site high performance demands. NDC is headquartered in the Upper Peninsula of Michigan where the equipment is manufactured. To learn more about New Dimension Crusher's product, visit the company Web site www.newdimensioncrushers.com . For more information on the MTEC SmartZone visit their Web site www.mtecsmart.com . SmartZone is a registered service mark of the Michigan Economic Development Corporation.

MTEC SmartZone offers patents seminar and legal consultations to be held in Hancock, MI

PROTECTING YOUR INTELLECTUAL PROPERTY RIGHTS WITH PATENTS, COPYRIGHTS & TRADEMARKS

The seminar is open to all businesses, entrepreneurs, students and other community members who are interested in learning about patents and ways to protect intellectual property for commercial value. All attendees will benefit from a basic understanding of patents and intellectual property that will establish clear benefits of assiduous IP plans and safeguards.

The seminar is partially funded by a grant from the Michigan Technology Tri-Corridor through MTEC SmartZone, based in Houghton , Michigan . Similar seminars held on prior occasions have drawn over 100 attendees from across the western Upper Peninsula .

The seminar will be led by patent attorney William Abbatt of Brooks Kushman, P.C., a Southfield, Michigan-based Intellectual Property Law Firm. Brooks Kushman is listed by IP Law & Business magazine as one of the top 10 IP firms according to the Fortune 250 in the Who Protects IP America survey.

Mr. Abbatt will also hold initial consultations on February 27 and 28 with high-tech businesses and entrepreneurs who have a need for additional professional services. 30 minute appointments are provided at no-cost to qualified businesses and entrepreneurs who are interested discussing the start of a patent application. Consultations can also help established businesses who need assistance with important questions such as:

Contact MTEC SmartZone Program Manager Jonathan Leinonen at 906-487-7004 to schedule an initial consultation with the patent attorney. As a result of prior meetings facilitated through MTEC SmartZone, local businesses and entrepreneurs filed six new utility patent applications, and more are in progress.

Houghton – The Michigan Tech Enterprise Corporation (MTEC) SmartZone, a private, not-for-profit corporation formed to implement local SmartZone activities, is pleased to announce the hiring of Carlton K. Crothers as the MTEC Chief Executive Officer. Crothers who currently resides in Dallas, Texas, will be relocating to the Keweenaw beginning December 28, 2005.

“The SmartZone is fortunate to have someone as qualified as Carlton Crothers to serve as its next CEO,” stated Phil Musser, MTEC Board Chairperson. “We are excited to have Carlton on board and think he is the right individual to help us grow the high technology sector in the Keweenaw. He has a background in technology commercialization, marketing, international businesses and small business development, and is excited about promoting the Keweenaw and the Upper Peninsula as a place where technology businesses and entrepreneurs can grow, prosper and enjoy a great quality of life.”

Crothers holds a B.A. & M.B.A. from the University of Texas in Marketing and International Management. His employment experience includes serving as Interim General Manager and Marketing Manager for MITSUI & CO. where he acquired new product development experience with companies involved in a number of licenses, collaborations, and agreements with Global Fortune 1000 companies, universities, and research institutions. Crothers has worked with numerous companies including Dow Chemical, Sumitomo Chemical, Kellogg Brown & Root, British Petroleum, Samsung Chemical, ExxonMobil, Hewlett Packard, Sony, General Electric, and Goodyear. His University and research institutions experience includes Massachusetts Institute of Technology, Colorado State University, Georgia Tech Research Institute, and Moscow State University.

“The Keweenaw area is filled with opportunities for growth,” said Crothers. “With the continuing supply of highly skilled workers coming from Michigan Tech and Findlandia University, and the incredible quality of life that the area offers, there is a lot of substance with which to build new technology businesses and to encourage corporate relocations from expensive urban areas.”

“More than simply a business incubator, MTEC works closely with current businesses, local universities and private research facilities to commercialize research & development and to stimulate the growth of technology businesses which, in turn, will bring new jobs to the area,” Crothers continued. “My role will be to act as facilitator among the business community, the Keweenaw Economic Development Alliance (KEDA) and Michigan Tech (MTU), and to bring in resources in the form of new, outside investment in local economic development.”

“The strong, entrepreneurial leadership of MTU, KEDA and Finlandia University together with the “can-do” attitude of the local workforce provides an attractive package to investors from outside the area as well,” Crothers added. “My job will be to articulate this vision and bring all the parties together for mutual benefit.”

According to Dave Reed, Provost and Vice-President of Research at Michigan Technological University, “ I am very pleased Carlton has decided to join us. His background working with universities to commercialize technologies, his experience taking technologies to market, and his experience with a very wide range of technologies all position him to continue the momentum the Michigan Tech Enterprise Smartzone has established over the last couple of years. All of us at MTU are looking forward to working with him in supporting the commercialization of university technology and the creation of opportunities for faculty, staff, and students.

The MTEC SmartZone was created in 2001 by Michigan Technological University, the Keweenaw Economic Development Alliance, formerly the Keweenaw Industrial Council, and the Cities of Houghton and Hancock to work with faculty and students at Michigan Tech to commercialize technologies, to work with existing Keweenaw technology companies to help them grow, and to attract technology companies to the Keweenaw. MTEC works closely with the Local Development Finance Authority of the Cities of Houghton and Hancock, which is authorized by state legislation to capture local taxes that would normally go to the state for use in financing local SmartZone activities, and with the Michigan Economic Development Corporation, the state's primary economic development organization.

The MTEC SmartZone is the only SmartZone in the Upper Peninsula. In the three years that MTEC has been in operation, it has helped more than 100 entrepreneurs develop business plans, find sources of capital and effectively market their products. MTEC's goal is to create 550 high-tech jobs in the Upper Peninsula in the next fifteen years.

Houghton , MI – MTEC SmartZone has reached the first anniversary of its Marketing and Patent Program (MAPP) for high-tech entrepreneurs and small businesses. Entering its second year, the SmartZone is expanding MAPP with additional services in Marquette .

MTEC SmartZone has completed the first year of a program to provide marketing and patent assistance to high-tech businesses in the Upper Peninsula . Funded by a grant from the Michigan Technology Tri-Corridor, the program has provided quarterly patent seminars attended by over 100 people, initial patent attorney consultations to over 20 businesses, and helped to generate 5 new patent applications. Among the patent applications supported by the program are a new method for routing telephone calls during an emergency, high-tech crushing equipment designed for disaster recovery and an innovative tool design for cutting high-strength metals faster and with longer life.

MAPP has also provided direct support of marketing program development for numerous high-tech businesses in the area. These include development and improvement of business' marketing plans and strategies, obtaining market research and specialized assistance from marketing consultants, and designing company literature and sales materials. Clients to use MAPP assistance have unified marketing plans that include forming a company identity with names and logos, designing product and service brochures, purchasing customer lists and industry reports, preparing for trade shows and helping with related methods to define market opportunities, identify customers, develop focused communications and enhance sales opportunities.

Since its beginning, MAPP's patent assistance seminars have been held in the Houghton area. Recent collaboration with the Lake Superior Community Partnership and Northern Michigan University has enabled the SmartZone to expand its services in Marquette , where an introductory patent seminar and initial consultations are being planned for January. The seminar is intended to provide inventors, as well as anyone else that is interested in protecting intellectual property, with a basic understanding of patents, copyrights and trademarks. Registration for the seminar is open to all businesses, students and the general public. Attorney consultations are available by appointment to qualified entrepreneurs and businesses. Please see the MTEC SmartZone website at www.mtecsmart.com for complete information or contact Jonathan Leinonen, program manager, at 906-487-7004 for further details.

October 26, 2005 Michigan Tech Enterprise SmartZone has welcomed a new business to its Portage Campus Building incubator facility. Up and Running has opened an office to focus on development of its Hospitality Enterprise Management software. Relocation to the SmartZone incubator in Hancock enables the high-tech business to collaborate more closely with industry partners and to position for continued business growth. Up and Running brings the number of tenants in the incubator to six since the facility opened in July, 2005.

Up and Running has operated in the U.P. since 1995 as a regional information technology service and national software solutions provider. According to company principal Ian McKilligan, the company is entering a high-growth phase for its subsidiary software business, Hospitality Enterprise Management. “Our HEM software business is growing steadily and it became apparent that we would need to relocate our business. Being in the SmartZone provides us with professional assistance and resources that will help accelerate our growth plans.” Up and Running's software is currently used by organizations across the United States to enhance the quality and quantity of useful information, communication, and operations.

High-tech marketing and communications firm graduates from SmartZone Incubator

October 4, 2005 Monte Consulting Company relocated its Houghton-based firm in order to provide newly expanded services to the region. Monte Consulting Company becomes the first graduate of one of the incubators operated by the Michigan Tech Enterprise SmartZone.

Monte Consulting Company entered the SmartZone in 2003, seeking to establish itself as a boutique high-tech marketing service provider. Achieving its initial phase of growth, the company has developed a significant client base and hired several new employees. Monte Consulting Company has now relocated to the Marketplace Building in downtown Houghton which provides needed space for employee workstations, plus an expanded video and photography studio. “We simply outgrew our footprint in the SmartZone,” owner Matthew Monte explains. “Our new location provides space for employees, equipment and technology that are needed to produce an expanded portfolio of studio-quality video, animation, marketing and communications for businesses across the Upper Peninsula and beyond.”

Commenting on the graduation of Monte Consulting from the SmartZone Business Incubator, CEO Alan West said, “Monte Consulting Company illustrates a successful high-tech business that was able to establish a firm foundation in one of the SmartZone's incubators and then move operations into the local community. Matthew has done a wonderful job of growing his company into a very successful business.” The SmartZone provides space and assistance to ten other high-tech companies renting space in incubator facilities in Houghton and Hancock.

Monte Consulting Company is a comprehensive communications and marketing services firm that has helped numerous high technology and traditional brick-and-mortar organizations achieve record sales, even during challenging economic times. Matthew Monte formed Monte Consulting Company to help other corporations develop their sales through advanced marketing and communications: “We connect our clients to their customers through effective writing, graphics, video, and 3-D animation.” ( www.monte.cc )

September 6, 2005 The Michigan Tech Enterprise Corporation (MTEC), the operating organization of the SmartZone, announces the resignation of MTEC CEO Alan West effective October 7, 2005 . West was hired as the SmartZone's first CEO in March, 2003 and is leaving to join the Pittsburgh Life Sciences Greenhouse to become involved in biotech and medical device start-up companies.

According to Phil Musser, MTEC Board Chairman, “Starting up a new program from scratch is probably one of the most difficult tasks a CEO can have, and we were fortunate to have had Alan West leading the effort. His past experience in starting up his own technology companies and in counseling other technology companies has been invaluable in getting the SmartZone program off to a strong start. We have already begun the planning process to take the SmartZone to the next level of performance. The Keweenaw and the Upper Peninsula have great potential to grow a high tech sector that will provide well paying jobs and retain high tech talent.”

“I am proud of the SmartZone's accomplishments over the past 2 ½ years in assisting entrepreneurs to start up new high tech companies, established high tech companies to expand and new companies and entrepreneurs to move into the area,” said West. “The SmartZone is alive and well and now has significant momentum, with an organization and plans in place to achieve its goal of high-tech job creation here in the Keweenaw and Upper Peninsula . We have successfully created three high-tech business incubators and have implemented business assistance programs and strategies that are having a very positive effect”, he added.

Dave Reed, Vice-President for Research at Michigan Tech and an MTEC Board member stated, “The SmartZone has become our key program for spinning off technologies created at Michigan Tech, in creating local jobs for Michigan Tech students and graduates, and in attracting technology companies to the Keweenaw. Alan has done a tremendous job initiating the program and we owe him a great deal of gratitude. I am confident we will continue at a high level of performance with the momentum that he has generated.”

West has agreed to remain on the MTEC Board of Directors and assist with transition plans. Plans to hire West's replacement are currently under review.

September 14, 2005 A joint effort between Michigan Technological University , the Michigan Tech Enterprise SmartZone, the Keweenaw Economic Development Alliance and Technisource's Michigan office, has resulted in a pilot program to hire students to provide engineering design services. Technisource plans to employ 15 MTU students initially, but foresees doubling that number before the year's end at a new office in the SmartZone's Portage Campus Building incubator. The students will perform technical engineering services for Technisource's clients under MTU's cooperative education program.

“We are excited about the opportunity to tap into the skilled workforce of students at Michigan Tech”, said Sherri Pence, Manager of Technisource's Michigan office. “Not only does this program provide us access to some of the best student talent in the country, it also provides students the unique benefit of working on cutting-edge technologies.” “This is a great opportunity for these students to gain invaluable experience as they prepare for their post-college careers…With the success of this pilot program in the fields of Computer Science, Computer Engineering and Electrical Engineering, Technisource plans to expand into other technical curriculums by the end of the year,” said Todd Black,

Technisource Regional Vice President. Technisource's initial plan is to provide engineering design services to a client in the aerospace industry. Over the coming months, the company anticipates expansion that will provide additional student and supervisory employment opportunities as engineering contracts are established. “This project will serve as a model for companies beginning to look into the concept of outsourcing to rural America ”, said SmartZone's CEO Alan West. “The use of student labor combined with the U.P.'s quality of life and relatively low overhead makes economic sense.” Phil Musser, KEDA Executive Director, added, “Everyone wins on this project, and Technisource can identify talented engineers for full-time employment with the company.” Technisource becomes the fourth company to locate in the Portage Campus Building operated by the SmartZone since it opened this summer.

Technisource's Michigan office is part of the Technisource's Engineering Solutions group offering a variety of diverse solutions from staffing to deliverable based project work. Established in 1987, Technisource, Inc., an IntelliMark Holdings, Inc. company, provides information technology and software engineering services from 31 offices across the United States . With a client base of Fortune 500 and middle market companies, Technisource represents a wide variety of industries including: pharmaceutical, banking and finance, telecommunications, aerospace, healthcare, insurance, retail and government. Headquartered in Little Rock , AR , Technisource has approximately 2000 employees and associates. For more information about Technisource, visit www.technisource.com .

Lieutenant Governor John D. Cherry visited Michigan Tech August 12th to discuss ideas related to entrepreneurship and the transition from K – 12 to universities. Meeting with Cherry were MTU President Glenn Mroz, Dale Tahtinen (VP Government Relations), Robert Warrington (Dean of Engineering), Jay Meldrum (Director, KRC), Peter Radecki (Executive Director, Corporate Services) and Alan West (CEO, SmartZone). Following discussions, Cherry summarized his reaction by saying that he was impressed by the collaboration between MTU, the ISD and SmartZone. Such cooperative efforts in seamlessly transitioning students from K-12 to the university and then into the SmartZone is unique and exciting.

Michigan's innovative programs, quality workforce a prime source of economic recovery

HOUGHTON, Mich. — U.S. Senator Debbie Stabenow was in town today to talk about her legislative efforts to spark the creation of high-tech businesses and good-paying jobs and to spotlight $2 million in funding for Michigan Tech included in a major transportation bill approved by Congress last week.

Stabenow's visit here today included a visit to Michigan Tech's School of Forestry and a tour of the Michigan Tech EnterPrise SmartZone, one of Michigan 's 11 collaborations between universities, local industry, research organizations, and other institutions to foster business growth and job creation.

Stabenow noted the role that Michigan Tech plays in fostering innovation and helping pave the way to a brighter economic future. “The students at this tremendous institution are tomorrow's innovators and entrepreneurs,” she said. “Our investments in education today will result in greater opportunities and jobs tomorrow.”

She said that the SmartZone project is a good example of what local governments can do to encourage job creation and she outlined some of her efforts in the Senate to help spur the creation of more good jobs. “My top priority is creating and protecting good-paying jobs for the people of Michigan , and we've had success,” Stabenow said. “I'm very pleased that I was able to win passage of a $6 billion tax cut to companies that create jobs in the U.S. I am also proud to have successfully led the effort to make sure that federal government contracts are only given to companies that create American jobs instead of shipping them overseas.”

Stabenow also pointed to a number of her other efforts to address the problem of Michigan 's high unemployment and increase good employment opportunities for the people of Michigan .

“We need to fully fund research manufacturing programs, such as the Manufacturing Extension Partnership and the Advanced Technology Program,” Stabenow said, “and I am proud I was able to restore funding for manufacturing technology and research programs in this year's appropriations bills.”

Stabenow also highlighted her leadership in the effort to provide a permanent tax credit for entities that increase their research activities, including private companies, universities and think tanks.

“We need every tool at our disposal to reinvigorate our economy,” Stabenow said today. “We in Michigan and across the nation face unique challenges, but we can rise to meet them. We need to act to stimulate job growth and then get out of the way and let our entrepreneurs do what they do best – create jobs.”

Stabenow visited Sault Ste. Marie earlier today as the first stop on a month-long “jobs tour” of the Upper Peninsula and the rest of the state.

Governor Granholm honored 11 Michigan businesses for their economic development successes in an annual celebration at the Capital on May 17. Sponsored by the Michigan Economic Development Corporation, the event recognized those companies who have demonstrated innovation and achievement in their respective fields. "My goal is to transform Michigan's economy into one that thrives in an increasingly competitive global marketplace," Granholm said. "In different ways, these companies are demonstrating levels of innovation and excellence that can only help Michigan prosper."

The 2005 award categories and honorees:

1. Exporter of the Year
    Enstrom Helicopter Corporation, Menominee

2. Largest Job Creation by a Manufacturing Company
    Haworth, Inc., Holland

3. Largest Job Creation by a Non-Manufacturing Company
    Quicken Loans, Livonia

4. Largest Retention Project
    General Motors Corporation, Flint

5. Largest Job Creation by a High-Technology Company
    Mobius Microsystems, Detroit

6. Largest Amount of Venture Capital Equity Financing
    Altair Engineering, Inc., Detroit

7. Technology Company of the year
    Asterand, Inc., Detroit

8. Technology Infrastructure Partner
    Kalamazoo SmartZone,SM Kalamazoo

9. SmartZoneSM Company
    Thermoanalytics, Inc., Calumet

10. Entrepreneurship
      Edward Lowe Foundation, Cassopolis

11. Economic Development Journalism
     WWJ Newsradio 950, Detroit

The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life. For more information on MEDC's initiatives and programs, visit the Web site at www.michigan.org .

GS Engineering and ThermoAnalytics honored as two of the "50 Companies to Watch in Michigan"

May 1: Two local companies were among the first 50 companies in the state of Michigan to be honored as “50 Companies to Watch in Michigan ”, a new awards program sponsored by the Edward Lowe Foundation. Representatives from GS Engineering and ThermoAnalytics were in Lansing to receive the award on April 28.

GS Engineering, Inc. (GSE) is an agile small business delivering advanced engineering solutions to military and commercial transportation markets through high value research, design, development, and correlated testing services. GSE provides a variety of engineering services including research & development, concept modeling & prototyping and lightweight component structural design. Locate in the SmartZone's Powerhouse Business Incubator facility in Houghton, GSE employs 27 engineers and support staff including 19 Michigan Tech University Alumni and 4 coop students currently enrolled as students at Michigan Tech. Glen Simula, president of GSE attributes the company's early success to its employees. “GSE's success is founded in its employees. Their knowledge and skills as well-educated engineers coupled with superb problem solving abilities has been this company's driving force. They are dedicated, creative and motivated not only in their individual projects but also to the overall success of the company,” states Simula. Alan West, CEO of the SmartZone, cites GS Engineering as being a model example of entrepreneurial ingenuity. “GSE has capitalized on community resources, the talent at Michigan Tech and the entrepreneurial services of the SmartZone. Through Glen's leadership, GSE is evolving into a dynamic, high-energy team with a focus on success.” www.gsengineering.com

Founded in 1996, ThermoAnalytics, Inc. is a leading developer of thermal, fluid-flow, and infrared modeling software. ThermoAnalytics' software products and services help engineers in corporations worldwide to optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and cost. ThermoAnalytics' software is used in many industries, including automotive, aerospace, electronics, environmental, manufacturing, and defense applications. "We are honored to be recognized as one of the 50 Companies to Watch in Michigan ” said Keith Johnson, President of ThermoAnalytics. "Our employees have worked very hard to achieve this type of success and it is very satisfying to have these efforts acknowledged. As a start-up company, we were primarily concerned with survival. We have now transitioned to a strong second-stage company where our concerns are more about managing growth. We are focusing on a strategy that will maintain the same culture that produced our early stage creativity and innovation, while continuing our growth that will ensure our stability and well-being for years to come. Governor Granholm recognized these 50 companies as the driving force behind the revitalization of the Michigan economy and we are proud to be a part of it." www.thermoanalytics.com

The Edward Lowe Foundation is a not-for-profit operating foundation based in Michigan with a mission to “champion the entrepreneurial spirit” by helping second-stage entrepreneurs learn from each other. "50 Companies to Watch in Michigan is a unique awards program designed to shine the spotlight on second-stage companies,” says Edward Lowe Foundation Executive Director Mark Lange. “Startup companies and large corporations often garner attention for their achievements,” says Lange. “But growing second-stage enterprises work mostly behind the scenes, even though they generate the bulk of new, sustainable jobs and are a powerful economic force underpinning the high quality of life most Americans enjoy.” Winners were selected by the Michigan Celebrates Small Business event partners: the Michigan Small Business & Technology Development Center , the Small Business Association of Michigan, the Michigan Economic Development Corporation, the U.S. Small Business Administration-Michigan and the Edward Lowe Foundation, based in part on the winners demonstrated intent and capacity to grow based on one or more of the following:

Michigan Celebrates Small Business was underwritten by the Accident Fund Insurance Company of America, BDO Seidman, LLP, Accountants and Consultants; Clark Hill PLC Attorneys at Law, Microsoft and National City. Media partners include Crain's Detroit Business, the Greater Lansing Business Monthly, MiBizWest, MiTechNews.com, Northwest Michigan Business News and WJR Radio, Detroit . Information about the 2006 “50 Companies to Watch in Michigan ” program can be found at http://edwardlowe.org/Michigan50 .

February 12: Senators Levin and Prusi took the time out of their busy schedules to visit the area during Michigan Tech's winter carnival. During their visit, they were treated to lunch and a tour of the new Advanced Technology Development Complex. The Senators expressed significant interest in local economic development efforts that included university as well as ISD strategies and collaborations, which were discussed over lunch. The tour included the SmartZone incubator space, the Ford Student Design Center and the KRC Chassis Dynamometer Facility.

Michigan Tech Enterprise SmartZone Selects Brooks Kushman to Provide Patent Assistance to U.P. Entrepreneurs and Small Businesses

The Michigan Tech Enterprise SmartZone has partnered with Brooks Kushman of Southfield, MI to provide patent assistance to high-tech entrepreneurs and small businesses in the Upper Peninsula under a grant from Michigan's Technology Tri-Corridor Fund (MTTC). The new program will provide entrepreneurs and businesses in the U.P. with local access to a full-service and well-known intellectual property (IP) firm. Brooks Kushman will travel to Houghton quarterly to conduct seminars related to IP followed by meetings with individual businesses and entrepreneurs to assist them with IP strategies, patent applications, trademark and copyright issues, license negotiations, etc. The SmartZone will schedule those meetings and subsidize some of the associated costs.

“We are pleased to partner with such an experienced and respected firm as Brooks Kushman”, the SmartZone's Project Manager Jonathan Leinonen said. “Any business will be able to take advantage of what will effectively be Brooks Kushman's local office without the time and expense required to travel out of the area to meet with patent attorneys. The firm is a great fit, demonstrating flexibility in working with entrepreneurs and small businesses, coupled with experience in Michigan's Technology Tri-Corridor and related fields.” William Abbatt of Brooks Kushman said, “I am delighted that we will be working with the SmartZone. We are very interested in working with entrepreneurs and companies in the U.P. and supporting the economic growth of the region.”

IP Law & Business magazine lists Brooks Kushman as one of the top 10 IP firms according to the Fortune 250 in the Who Protects IP America survey ( www.brookskushman.com ). Governor Granholm established Michigan's Technology Tri-Corridor to foster growth in life sciences, advanced automotive technologies and homeland security industries through funding and resource collaboration.

Jonathan Leinonen has joined the Michigan Tech Enterprise Corporation (MTEC), the operating body of the Michigan Tech Enterprise SmartZone, as its second employee. Mr. Leinonen will serve as Program Manager for the Michigan Technology Tri-Corridor (MTTC) Grant that was recently awarded the SmartZone to provide patent and marketing assistance to entrepreneurs and companies in the U.P. Mr. Leinonen graduated from Michigan Tech University in 1994, received an MBA from University of Michigan and has past experience as a software systems developer, product manager and marketing and business planning specialist. He most recently has been providing business counseling services to entrepreneurs and start-up companies. Jonathan and his family will be relocating to Houghton from Lapeer Michigan. “Jon will be a terrific asset to the SmartZone,” MTEC's C.E.O. Alan West said. “He has had experience working with entrepreneurs and small companies and is very detailed oriented. We reviewed numerous strong resumes for this position, but Jonathan's background seemed ideal.” Governor Granholm established Michigan's Technology Tri-Corridor to foster growth in life sciences, advanced automotive technologies and homeland security industries, and the SmartZone will be offering patent and marketing assistance to entrepreneurs and small companies developing products within those sectors. Jonathan can be reached at jleinon@mtecsmart.com

November 18, 2004: Klaus Hellberg, a Member of the Finnish Parliament, toured the SmartZone

Klaus Hellberg visited the Copper Country to discuss potential collaborations between Finnish companies, Michigan Tech, Finlandia University and the SmartZone. Hellberg, a member of the Finnish Parliament and Chairman of the City Council of Porvoo Finland, has visited the area in the past but expressed surprise at how much progress had been made since his last visit in 2001. During his recent visit he toured the Powerhouse, Portage Building and ATDC incubator facilities. Hellberg expressed optimism that Finnish companies will welcome partnering with the area to help them enter the U.S. market. While previous such discussions have failed to yield results, the recent progress in business incubation and assistance programs for start-up companies should be attractive to Finnish companies, especially those developing software solutions. Follow-on discussions are planned.

SHAFI, Inc., a company developing and implementing industry leading-edge 3D vision and robot guidance software solutions, has become the seventh tenant of the Powerhouse . The company's headquarters are located in Brighton Michigan, but company president Adil Shafi was interested in establishing an office in Houghton in order to develop stronger ties with Michigan Technological University and its students. “The SmartZone provided us with a way to establish an office in Houghton easily and quickly,” Mr. Shafi said. “Michigan Tech has terrific students and educational programs that can amplify our ability to experiment, innovate, and enhance our products. We will initially hire students to work and will manage them on a part-time basis; at the same time we are planning for our operation in Houghton to grow and to employ full-time team members.”

SHAFI, Inc. is well known for its work in the competitive and challenging field of flexible factory automation. “SHAFI will be a terrific addition to the area,” MTEC's C.E.O. Alan West said. “This is a good example of how the SmartZone can assist high-tech companies from outside the region to set up offices here.” The SmartZone's mission is to foster the creation of technology start-up companies, attract outside high-tech companies to the region and to assist the growth of local technology companies.

The SmartZone sponsored two grant writing workshops by Biotechnology Business Consultants (BBC)

BBC offers a broad range of consulting services for early-stage technology companies through their Michigan Technology Tri-Corridor Consulting Services Program. Services include free and/or low cost training, consulting and grant development services to Michigan entrepreneurs and companies developing products/services for Homeland Security, Life Science and Advanced Automotive applications. www.bioconsultants.com .

The workshops were well attended and provided an overview of the SBIR program on the first day and an intensive workshop in the second. Based on the positive feedback of attendees, the SmartZone plans to sponsor additional BBC workshops in the future. Contact the SmartZone to receive announcements (info@mtecsmart.com).

The Michigan Tech Enterprise SmartZone is pleased to announce that it received an award on August 20 th from the Upper Peninsula Economic Development Alliance (UPEDA). UPEDA's Michigan's Cool U.P. Awards recognize businesses and organizations that make the Upper Peninsula a “cool” place to live and work. Judging is based on a number of criteria including the ability of a business or organization to attract and retain youth in the U.P. and the uniqueness of projects, attractions, products, services and workplaces. The SmartZone won the Economic Development Project category.

“I want to thank U.P. Engineers and Architects, Inc. and the Keweenaw Industrial Council for nominating the SmartZone”, said Alan West, C.E.O. of the Michigan Tech Enterprise Corporation. “It was satisfying to note that there were a large number of nominees for each of the categories in this first Summit, with stiff competition. It was a privilege to make it to the final list and an honor to win.”

Governor Jennifer Granholm presented the awards during ceremonies held August 20th, the second day of the Cool U.P. Community & Economic Summit. A number of state and federal officials were in attendance, including U.S. Senator Deborah Stabenow, U.S. Representative Bart Stupak, State Senator Michael Prusi, State Representative Richard Brown and Don Jakeway, head of the Michigan Economic Development Corporation.

ThermoAnalytics, Inc., a local company that started as a spin-off from Michigan Tech, received an award for the coolest workplace. Other local finalists included the SmartZone's GS Engineering and IR Telemetrics, a company located in Hancock.

Welcome MTU Alumni - The SmartZone wants to hear from you if you are interested in supporting or becoming involved in high-tech development. There are a number of different ways you can participate - 1. as an entrepreneur starting a business; 2. as a mentor helping young entrepreneurs; 3. as an existing corporation interested in establishing an office or business here; and 4. as an investor. Contact the SmartZone by email or phone, and let's explore how we can assist each other.

The Michigan Tech Enterprise Corporation (MTEC), the operating body of the Michigan Tech Enterprise SmartZone, was awarded a grant of $450,000 from Michigan 's Technology Tri-Corridor Fund. The grant was one of 5 such awards to organizations providing commercialization infrastructure to foster the growth of Advanced Automotive technology, Homeland Security, and the Life Sciences in Michigan . The purpose of the grant is to provide key, in-depth services not normally available in the U.P.

The money will be used to provide patent and marketing assistance to entrepreneurs and companies in the U.P. “Many entrepreneurs and small businesses in the U.P. will benefit enormously from assistance developing detailed marketing strategies and writing and applying for patents,” said Alan West, MTEC's C.E.O. “This grant will allow the SmartZone to bring to the U.P. marketing experts and patent attorneys on a regular basis and subsidize some of the associated costs, which can be prohibitive to start-up companies.”

“This is a prime example of how the Technology Tri-Corridor initiative is having a border-to-border, peninsula-to-peninsula impact – developing new technologies to create new jobs for Michigan workers,” Governor Jennifer M. Granholm said. Governor Granholm established Michigan 's Technology Tri-Corridor to foster growth in life sciences, advanced automotive technologies and homeland security industries through funding and resource collaboration. Focusing on emerging technology sectors and administered by the Michigan Economic Development Corporation, the corridor is built on the successful model of the Michigan Life Sciences Corridor. Between 2000 and 2004, the Life Sciences Corridor Fund and Technology Tri-Corridor Fund have allocated a total of $200 million through 118 awards.

In its first year of operation, MTEC has worked with over 70 entrepreneurs and small companies in the U.P., and assistance with marketing and patents were two of the most commonly expressed needs. While the SmartZone has offices in Houghton and Hancock, it will be offering the services made possible by this grant to entrepreneurs and technology companies across the U.P. The Michigan Tech Enterprise SmartZone is the result of a collaboration between Michigan Technological University (MTU), the cities of Hancock and Houghton and the Keweenaw Industrial Council. MTEC is incorporated as a 501 (c) (3) private non-profit corporation and has as its mission the growth of the high-tech job base in the Upper Peninsula by commercializing technology, supporting and mentoring the growth of technology companies currently located in the region, and attracting technology companies to the area.

The Michigan Tech Enterprise Corporation (MTEC), the operating body of the Michigan Tech Enterprise SmartZone, has appointed three new members to its Board of Directors. They are:

Joseph Dancy, manager of the LSGI Technology Venture Fund L.P., a private mutual/hedge fund located in Texas . Mr. Dancy is a Michigan Tech alumnus and currently serves as a trustee on the Michigan Tech Foundation as well as an advisor to the Applied Portfolio Management Program in the Michigan Tech School of Business. He is also an Adjunct Professor of Law at Southern Methodist University School of Law in Dallas.

David Weaver, President of Aimattech L.L.C., a management consulting firm located in Bloomfield Hills near Detroit . He also serves as President of Great Lake Angels, as Vice Chairman of the MIT Enterprise Forum of the Great Lakes , and as a board member of the Detroit Chapter of the Association of Corporate Growth. Mr. Weaver is an entrepreneur and senior executive with over 25 years of diversified management experience, has authored numerous business plans and has raised over $30 million in private, VC and public capital.

David Prigmore, a retired business executive, has extensive experience in domestic and international management, new business development, strategic partnerships and fundraising. He has raised private as well as public capital and has experience as a member of numerous boards and committees. He currently resides in Rhode Island.

“With the addition of these three members, our Board of Directors now has great strategic depth,” said Alan West, MTEC's C.E.O. “Mr. Dancy has a background in law and financial management, Mr. Weaver is an entrepreneur who is also managing an Angel investment group near Detroit , and Mr. Prigmore is a businessman who is a strategic and creative thinker. Barbara McQuiston, who was elected to the board in December 2002, is a management consultant who works with a number of high-tech enterprises and start-ups. Collectively, their background and network of contacts will be important assets to MTEC.”

There is one remaining board position that needs to be filled. “We would like to find someone who has experience managing a successful business incubator for that final board position”, said Alan West.

Phil Musser, Chairman of the Board of Directors, said, “Once we fill out our Board, we will have 11 members who represent a diversity of key talent. With the addition of these three new members, we now have directors who live in California , Rhode Island , Texas and Michigan , broad in both geography and their business experience.”

MTEC's board includes 6 Special Members and 5 Regular Members. The Special Members are Phil Musser (Keweenaw Industrial Council), David Reed (Michigan Technological University), Terry Monson (MTU), Glenn Anderson (Hancock City Manager),Scott MacInnes (Houghton City Manager) and Alan West (MTEC C.E.O.) The Regular Members are appointed by the Special Members.

October 28th BizNet Panel: Grant Writing - A Discussion on Techniques for Success

The panel included 4 individuals - two who have recently received grants and two who have been on review panels.

Ghatu Subhash, Professor; MTU
Dr. Subhash's interests include dynamic hardness, machining mechanics, dynamic wear, pavement analysis and hydroforming of aluminum extrusions. He has also served on numerous SBIR panels reviewing proposals.

William Enders, Associate Professor; MTU
Dr. Endres' expertise is in manufacturing and design. He has served on numerous SBIR technical review panels for NSF.

Professor Gupta's research is focused on computer simulation of polymer processing and design of plastic parts. Dr. Gupta has recently received an SBIR Phase I grant and is awaiting results of his Phase II proposal. He also has served on a number of different grant review panels.

Janet is the Principal of JCM Environmental, an environmental consulting business. Janet has recently received a Phase I SBIR as well as a follow-on Phase II.

The panel discussed how to write winning proposals. Some of their suggestions included:

* the PI needs to get to know the agency's program manager and what he/she is looking for;

* one needs to provide as much data as possible to provide credibility, even for Phase I;

* letters of support from potential customers are important for both Phase I and II proposals.

Angel Investing: A Primer for Both Investors and Entrepreneurs by David Weaver, President of Great Lakes Angels

Mr. Weaver founded Great Lakes Angels ( www.glangels.org ), an Angel investment group located near Detroit that invests in early stage companies. He spoke about how Angel investing works, what kinds of deals get funded, what are typical terms, what does an entrepreneur need to know about Angels, and what does an Angel look for in an entrepreneur. David also operates Aimattech Consulting LLC (www.aimattech.com), is Vice Chairman of the MIT Enterprise Forum of the Great Lakes , a coach for the Great Lakes Entrepreneur's Quest, a Board member for the Michigan Tech Enterprise Corporation (SmartZone) and a member of the Board of the Detroit Chapter for the Association of Corporate Growth. Please contact the SmartZone if you would like to receive by email a copy of Mr. Weaver's Powerpoint presentaion.

The Keweenaw Research Center is a research institute of Michigan Technological University . KRC utilizes experienced full time staff and MTU faculty to provide engineering solutions to both foreign and domestic companies. It's mission is to generate and conduct externally funded research in science and engineering in support of MTU's overall educational mission. Jay reviewed some of the center's most recent work, including robotics, engine research, fuel cells, noise analysis, snow paver technology, and anti-icing pavement. The anti-icing pavement is a treatment added to the pavement surface that effectively encapsulates a small amount of salt, thus preventing ice from sticking to the roadway. It was tested last year on a bridge in Wisconsin that had an average of 6 accidents each winter due to ice buildup; this past winter there were no accidents with the addition of the treatment. The university has licensed the technology, which appears to be a potentially huge success.

NANOTECHNOLOGY: WHAT'S ALL THE BUZZ? by Dr. Frank Underdown, President, Keweenaw Nanoscience Center . Keweenaw Nanoscience was founded in 1999 and specializes in research & development of nanotechnology, bio-nanotechnology and quantum optics for applications in life sciences, electronics and optics industry. Dr. Underdown has become nationally recognized for his knowledge of the industry and its potential, and he reviewed some of the applications and business opportunities of nanotechnology. By reducing the size of a given material to the atomic scale, one changes the material's electrical, optical and other properties. While nanotechnology has enormous long-term potential ranging from more effective fuel cells to smaller and faster computers and a projected impact on the economy of $1 Trillion by 2015, investors are skeptical of the short-term opportunities, and less than 1% of the current funding comes from venture capitalists, the majority of the research being supported by government grants.

NEW ADVANCES IN WIRELESS TELEMETRY by Glen Barna, President of IR Telemetrics, Inc.

IR Telemetrics was originally created by Glen when he was a graduate student at Michigan Tech. The company uses proprietary technology for wireless data transfer from reciprocating and rotating components, and the company has been expanding the applications. Glen showed examples of their recent work that included instrumenting a Harley Davidson engine, a train locomotive and a high-temperature rotary kiln. Glen announced that the company has just received an SBIR grant from Homeland Security to develop a system to identify and track cargo containors on board ships.

MODERN FINANCIAL ANALYSIS by Igor Kliakhandler, Assistant Professor of Mathematics, MTU

Dr. Kliakhandler's research involves applied mathematics in a very broad sense, and he has recently been working in financial analysis taking advantage of streaming real-time market data.