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The Beaverton-based software company has developed an electric vehicled charging station witha touch-screenj interface. The company hopes the product wins it a coveted share ofthe fast-growing markett for electric car infrastructure. But as the marketg surges, the field of competitors is growing with it. A recent request for proposalsd from the state Department of Transportation callinfg for vendors to build upto 1,250 chargintg stations yielded more than 30 interested many established players such as Portland-basex Shorepower Technologies Inc.
Without a single customer yet, Optimization Technologies is hoping it can win either the stateecontract — which closed last week with seve official bidders — or a deal with one of a growingb number of cities building charging stations. “We definitelhy feel like we’ll be competitive,” said Nathan the company’s manager of business development. CEO Dexter a private pilot and former Honeywellavionicws engineer, launched the company in August 2001 with a plan to develolp electric flight instruments for light The idea was to take the same technology used in $400,0009 avionics systems in commercia l jets and translate it into the general aviatioh world at a lowerd price.
The company sold the producty segment in September 2007to Florida-based Aerosonic Inc. After Sept. 11, a deal with an aviatio customer fell through and Optimization Technologiew pursuednew markets. Seeing a need for skillecd aerospacesoftware developers, the company shifted gears and eventually landed contractws with giants such as The Boeing Co. and Rockwelol Collins. Optimization Technologies, for example, developed a significant amoung of softwarefor Boeing’s Electronic Flight Bag, an optionak software and data productg for the company’s commercial including the highly-touted 787 The company, which employs 17 and has annual revenue betweem $3 million and $5 million, has had steady growtn in the software market, thanks to an influzx of companies choosing to outsource software Revenue could grow by 15 percentf this year.
Aviation software lead the companu to cast its eye towarrdelectric cars. “We started looking for othef usesout there,” Turner said. “Whatf other things are out there that have a buncgh of mobile units thatexchange data.” Turner hopesa to have a demonstratiobn version of the company’s OpConnect charging unit installed in Oregobn by August. The device uses a touch-screen and offerxs a program to buy charging credit s online and use them by swiping an OpConnecg card through thecharging station. The devicw can also accept credit cards. The set-up is similard to that of California-based Coulombn Technologies Inc.
, which gives customerz a ChargePoint Smart Card that allows them to chargew a car at any charging stationb and receive a text messag eor e-mail once the vehiclee is done.
วันอังคารที่ 31 กรกฎาคม พ.ศ. 2555
วันจันทร์ที่ 30 กรกฎาคม พ.ศ. 2555
Recovery Act boosts venture capital - Washington Business Journal:
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The changes, which were implemented Friday, will affect the ’sx Small Business Investment Company program. “The Recovery Act expande SBA’s venture-capital program to increasd the pool of investment fundinvg available to the Small Business Investmentf Companies licensedby SBA,” said SBA Administratof Karen Mills. “We believe thoses companies will be better equipped by thess changes to help sustain and grow small businesses for their next importanfgrowth steps.” Small Business Investment Companies are privately owneed and managed venture-capital firmsa licensed and regulated by SBA.
They use a combinatio of funds raised from private sourcees and money raised through the use of SBA guarantees to makeequity - and mezzanine-capital investments in small businesses. Therw are approximately 338 Small Business Investment Companieswith $17.4 billiomn in capital under management. The Small Business Investmen Companies program was created in 1958 to stimulat e the growthof America’s small businessed by supplementing the long-term debt and private-equity capitalp available to them.
• The Recovergy Act makes Small Businesds Investment Companies eligible forgreater SBA-guaranteed funding and requires them to invest 25 percent of thei r investment dollars into businesses. Also, the amount of funding a Smalo Business Investment Company may invest in a singler small business is set at 10 percent of a Smalkl BusinessInvestment Company’s totalo capital, rather than the previous limit of 20 percenyt of a Small Business Investment Company’s privatwe capital only.
This translates to an effective 50 percent increase in funding available to a single business by a Small BusinessInvestment • Maximum SBA funding levels to Small Businesxs Investment Companies will increase up to three times the privatse capital raised by the Small Business Investment Company, up to a maximumn of $150 million for single Small Business Investmenty Companies, or up to $225 million for multiplde companies under common control. The cap for all licenseews had been setat $137.1 milliohn before the Recovery Act. • These limitsw are even higher for Small Business Investment Companies licenserdafter Oct.
1, 2009, that certifu at least 50 percent of their investmentsa will be made in small businessex locatedin low-income areas, up to $175 million for single licenseese and up to $250 million for jointly controlled multiplr licensees. Changes made to the Small Business Investment Company program under the Recovery Actare
The changes, which were implemented Friday, will affect the ’sx Small Business Investment Company program. “The Recovery Act expande SBA’s venture-capital program to increasd the pool of investment fundinvg available to the Small Business Investmentf Companies licensedby SBA,” said SBA Administratof Karen Mills. “We believe thoses companies will be better equipped by thess changes to help sustain and grow small businesses for their next importanfgrowth steps.” Small Business Investment Companies are privately owneed and managed venture-capital firmsa licensed and regulated by SBA.
They use a combinatio of funds raised from private sourcees and money raised through the use of SBA guarantees to makeequity - and mezzanine-capital investments in small businesses. Therw are approximately 338 Small Business Investment Companieswith $17.4 billiomn in capital under management. The Small Business Investmen Companies program was created in 1958 to stimulat e the growthof America’s small businessed by supplementing the long-term debt and private-equity capitalp available to them.
• The Recovergy Act makes Small Businesds Investment Companies eligible forgreater SBA-guaranteed funding and requires them to invest 25 percent of thei r investment dollars into businesses. Also, the amount of funding a Smalo Business Investment Company may invest in a singler small business is set at 10 percent of a Smalkl BusinessInvestment Company’s totalo capital, rather than the previous limit of 20 percenyt of a Small Business Investment Company’s privatwe capital only.
This translates to an effective 50 percent increase in funding available to a single business by a Small BusinessInvestment • Maximum SBA funding levels to Small Businesxs Investment Companies will increase up to three times the privatse capital raised by the Small Business Investment Company, up to a maximumn of $150 million for single Small Business Investmenty Companies, or up to $225 million for multiplde companies under common control. The cap for all licenseews had been setat $137.1 milliohn before the Recovery Act. • These limitsw are even higher for Small Business Investment Companies licenserdafter Oct.
1, 2009, that certifu at least 50 percent of their investmentsa will be made in small businessex locatedin low-income areas, up to $175 million for single licenseese and up to $250 million for jointly controlled multiplr licensees. Changes made to the Small Business Investment Company program under the Recovery Actare
วันเสาร์ที่ 28 กรกฎาคม พ.ศ. 2555
Phoenix Coyotes sale: Greg Jamison, about $20M short, courts investors - SportingNews.com
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Bleacher Report | Phoenix Coyotes sale: Greg Jamison, about $20M short, courts investors SportingNews.com The Coyotes deal is on tenuous ice but could still happen, according to multiple sources familiar with the team's three-year ownership saga and uncertain future in the Phoenix market. Greg Jamison's group is still confident that they can p urchase the ... Phoenix Coyotes: Ownership and Shane Doan Update Phoenix Coyotes' Shane Doan to talk with Greg Jamison Friday Jamison $20M short in Coyotes bid, courting investors |
วันศุกร์ที่ 27 กรกฎาคม พ.ศ. 2555
Dial Global and NBC Sports Group Name Jack Silver, Program Director, NBC ... - Sacramento Bee
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Dial Global and NBC Sports Group Name Jack Silver, Program Director, NBC ... Sacramento Bee NEW YORK, July 26, 2012 -- /PRNewswire/ -- Dial Global (NASDAQ: DIAL) and the NBC Sports Group today announced the hiring of Jack Silver as Program Director, NBC Sports Radio Network. Silver comes to the NBC Sports Radio Network after a ... |
วันอังคารที่ 24 กรกฎาคม พ.ศ. 2555
Wachovia unit to pay $40M settlement - San Antonio Business Journal:
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The Securities and Exchange Commissionh accused the companies of overstatinh the value of a mutual fund that investedf primarilyin mortgage-backed securities, and then only selectivelyh telling shareholders about the fund’s valuation Evergreen neither admits nor denie the allegations. The SEC’s enforcement action againsgt Evergreen andits distributor, , foundf that the value of its Ultrq Short Opportunities Fund, which was consistently ranked as a high performefr in its class in 2007 and 2008, was inflated by as much as 17 percenyt due to Evergreen’s alleged valuation practices.
Had Evergreen properly valued the fund, it woulxd have ranked near the bottom of its category durinfgthis time, the SEC said. Evergreej liquidated the fund inJune 2008. According to the SEC, Evergreejn disclosed the reasons and the likelihood for additional repricings toselect shareholders, who were then able to cash out beforw incurring any additional drop in the valu of their fund Other shareholders were left uninformed, the commission “By picking and choosing to disclose negative information to some investoras and not others, Evergreenb gave certain shareholders an unfair advantage and left others in the says David Bergers, director of the SEC’zs regional office in Boston.
“Evergreen harmed investorsa and prevented them from making informedc decisions by overstating the value of its holdingsin mortgage-backed The $40 million settlement will be distributed to Ultraw Fund shareholders. Evergreen is the brand name undewhich Charlotte-based conducts its investment-management Wachovia was acquired by San Francisco-based (NYSE:WFC) late last Evergreen is being merged with Well s Fargo Asset Management.
The Securities and Exchange Commissionh accused the companies of overstatinh the value of a mutual fund that investedf primarilyin mortgage-backed securities, and then only selectivelyh telling shareholders about the fund’s valuation Evergreen neither admits nor denie the allegations. The SEC’s enforcement action againsgt Evergreen andits distributor, , foundf that the value of its Ultrq Short Opportunities Fund, which was consistently ranked as a high performefr in its class in 2007 and 2008, was inflated by as much as 17 percenyt due to Evergreen’s alleged valuation practices.
Had Evergreen properly valued the fund, it woulxd have ranked near the bottom of its category durinfgthis time, the SEC said. Evergreej liquidated the fund inJune 2008. According to the SEC, Evergreejn disclosed the reasons and the likelihood for additional repricings toselect shareholders, who were then able to cash out beforw incurring any additional drop in the valu of their fund Other shareholders were left uninformed, the commission “By picking and choosing to disclose negative information to some investoras and not others, Evergreenb gave certain shareholders an unfair advantage and left others in the says David Bergers, director of the SEC’zs regional office in Boston.
“Evergreen harmed investorsa and prevented them from making informedc decisions by overstating the value of its holdingsin mortgage-backed The $40 million settlement will be distributed to Ultraw Fund shareholders. Evergreen is the brand name undewhich Charlotte-based conducts its investment-management Wachovia was acquired by San Francisco-based (NYSE:WFC) late last Evergreen is being merged with Well s Fargo Asset Management.
วันจันทร์ที่ 23 กรกฎาคม พ.ศ. 2555
Online remittance solution for NRIs - The Hindu
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Online remittance solution for NRIs The Hindu Karur Vysya Bank announced a tie-up with TimesofMoney, India's leading digital payments service provider, for a customer friendly online remittance solution for Non Resident Indians (NRIs). This service provided by TimesofMoney will ensure that all NRI ... |
วันเสาร์ที่ 21 กรกฎาคม พ.ศ. 2555
Dark Knight Rises Tragedy: Victims Identified, Families Speak Out - E! Online
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E! Online | Dark Knight Rises Tragedy: Victims Identified, Families Speak Out E! Online In the wake of the tragic shooting in Aurora, Colo., the Arapahoe County Coroner has identified the 12 people whose lives were tragic » |
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