JUNE 6, 2007

ISSUE FORUM

A.B.L.E. Tech: Achieving Better Life Experiences for the Injured, Disabled, and Elderly Through 21st Century Technology

June 6, 2007

A.B.L.E. Tech: Achieving Better Life Experiences for the Injured, Disabled, and Elderly Through 21st Century Technology

MIT Enterprise Forum of Pittsburgh Presents a Satellite Broadcast: A.B.L.E. Tech: Achieving Better Life Experiences for the Injured, Disabled, and Elderly Through 21st Century Technology

Within a decade, the number of Americans requiring continual managed care for chronic conditions could reach 100 million. Explore the entrepreneurial opportunities that technology, engineering, and life sciences can have on the quality of every day life for the aging and disabled.

Our featured panel is moderated by NBC News correspondent and MIT Media Lab Distinguished Fellow, John Hockenberry, and features MIT Media Lab Professor Hugh Herr, and noted inventor, entrepreneur and president of DEKA Research, Dean Kamen.

Panelists:
John Hockenberry | Moderator
NBC News correspondent is a veteran journalist who has excelled in every facet of the profession, from broadcast radio to news magazine television to print as well as being a pioneer in online content.

John Hockenberry is a veteran journalist who has excelled in every facet of the profession, from broadcast radio to news magazine television to print as well as being a pioneer in online content. He is currently a Distinguished Fellow at the MIT Media Lab.

Hockenberry is also a tireless and internationally known advocate and spokesman for the rights of the disabled. He was one of the founding inductees to the Spinal Cord Injury Hall of Fame in 2005. He wrote and appeared in a cover story for Parade Magazine on the 15 year anniversary of the Americans With Disabilities Act, and is a contributing editor for WIRED Magazine and METROPOLIS. He was a guest on "The Daily Show with Jon Stewart" and has been a stage presenter for national and international design conferences for more than a decade.

Hockenberry joined NBC as a correspondent for "Dateline NBC" in January 1996 after a fifteen-year career in broadcast news at both National Public Radio and ABC News. Hockenberry is a four-time Peabody Award winner, four-time Emmy award winner, and has won an Edward R. Murrow award and a Casey Medal.

He is the author of the novel A River Out Of Eden, and Moving Violations: War Zones, Wheelchairs and Declarations of Independence, a memoir of life with a disability.  In 1996, Hockenberry performed a successful limited run of "Spokeman," a one-man, off-Broadway show he wrote.

Hockenberry attended both the University of Chicago and the University of Oregon. He and his wife Alison live in Brooklyn with their two sets of twins.

James Geshwiler | Speaker
Associate professor, Media Arts and Sciences; assistant professor, MIT-Harvard Division of Health Sciences and Technology; and director of the Biomechatronics Group at the MIT Media Lab.

James Geshwiler GM '00 is co-founder and chairman of the Angel Capital Association, fostering best practices and forming new angel groups across the country. He is also Managing Director of CommonAngels, and has participated in funding 18 companies through over 55 rounds of financing totaling over $100 million since 1999. Geshwiler is a contributing author to Cutting-Edge Practices in American Angel Investing, and has published papers through the Kauffman Foundation. He graduated Phi Beta Kappa from the University of Texas at Austin, received a master's in political science from UCLA, and his MBA from the MIT Sloan School.

Dean Kamen | Speaker
Noted inventor, entrepreneur, president of DEKA Research, and a tireless advocate for science and technology.

Dean Kamen is an inventor, an entrepreneur and a tireless advocate for science and technology. His roles as inventor and advocate are intertwined -- his own passion for technology and its practical uses has driven his personal determination to spread the word about technology's virtues and by so doing to change the culture of the United States. His vast knowledge of the physical sciences, combined with his ability to integrate the fundamental laws of physics with the most modern technologies, has led to the development of breakthrough processes and products.

As an inventor, he holds more than 440 US and foreign patents, many of them for innovative medical devices that have expanded the frontiers of health care worldwide. While still a college undergraduate, he invented the first wearable infusion pump, which rapidly gained acceptance from such diverse medical specialties as chemotherapy, neonatology, and endocrinology. In 1976, he founded his first medical device company, AutoSyringe, Inc., to manufacture and market the pumps. At age 30, he sold that company to Baxter International Corporation. By then, he had added a number of other infusion devices, including the first insulin pump for diabetics. Following the sale of AutoSyringe, Inc., he founded DEKA Research & Development Corporation to develop internally generated inventions as well as to provide R&D for major corporate clients.

Among Kamen's proudest accomplishments is founding FIRST (For Inspiration and Recognition of Science and Technology), an organization dedicated to motivating the next generation to understand, use, and enjoy science and technology.

Kamen was awarded the National Medal of Technology by President Clinton in 2000 for inventions that have advanced medical care worldwide, and for innovative and imaginative leadership in awakening America to the excitement of science and technology. He was also awarded the Lemelson-MIT Prize in 2002, and was inducted into the National Inventors Hall of Fame in May 2005.

MAY 16, 2007

ISSUE FORUM

The Job Pitch Lessons Learned from the Hiring Squad

May 16, 2007

The Job Pitch Lessons Learned from the Hiring Squad

Event Type: Forum

The Job Pitch-Lessons Learned from the Hiring Squad" Forum is a new event applying our "Elevator Pitch" format to the job market. This program will provide new resources to both those that are in the job market as well as those making hiring decisions and showcase some of our area talent.

Job seekers selected will present a short description of their skills to a panel of experts and an audience of hiring managers, funders, CEOs and others in the entrepreneurial community. They will get feedback from our Hiring Squad and exposure to many of our area companies that are looking to fill key positions.

Only 10-15 job seekers will be selected in advance to participate, so even if you are not pre-selected come join us as time permits we will invite audience members to participate. We will strive to achieve a diverse group in terms of skills and other factors.

The moderator for the program will be John C. Rodney a partner at Thorp Reed & Armstrong LLP. John has a broad ranging business and tax practice with a particular focus on emerging companies.

Panelists:
David J. Baker | Speaker
SPHR, Director of Talent, Adams Capital Management. David is responsible for assisting portfolio companies in hiring strategic positions and developing human resource (HR) plans.

David J. Baker, SPHR, Director of Talent, Adams Capital Management. He joined Adams Capital Management in July of 2001 and is responsible for assisting portfolio companies in hiring strategic positions and developing human resource (HR) plans. Prior to joining Adams Capital, David was the Director of Human Resources and Recruitment for the billion-dollar BATG Division of ADC Telecommunications, Inc., a service provider of voice, video and data systems for telephone, Internet, cable television and wireless companies. At ADC, David was responsible for eight domestic and three international locations. David also served as Director of Human Resources for TCI Cable and QED Communications.

David began his career with the Carborundum Company, and later joined the Swiss aerospace firm Contraves Goerz Corporation, where he was a Human Resource Manager. He is certified as a Senior Professional in Human Resource Management (SPHR) and is a frequent speaker on the topics of recruitment and retention.

Currie Crookston | Speaker
Founder and current CEO of PetsDx, a veterinary diagnostic imaging company. He was previously a Director of Marketing with one of the nation's leading MRI equipment manufacturers and recent recipient of the Malcolm Baldridge Award.

Currie Crookston, CEO of PetsDx. Currie has been immersed in diagnostic imaging technologies for the last 7 years.  He is a founder and current CEO of PetsDx.  A veterinary diagnostic imaging company.  He was previously a Director of Marketing with one of the nations leading MRI equipment manufacturers and recent recipient of the Malcolm Baldridge Award.  In this capacity, Currie has led the development of new products, overseen the marketing of MRI products and been directly involved with sales.  He has helped developed intellectual property and has been awarded a patent in diagnostic imaging technology.  Prior to this current position, Currie worked as a consultant with A.T. Kearney and served as a Task Unit Commander during his 8 years in the U.S. Navy SEAL Teams.  He earned his MBA from the University of Virginia and an engineering degree from the U. S. Naval Academy.

Holly Maurer-Klein |Speaker
President of HMK Associates, the "hr doctors", providing creative recruiting and retention strategies for rapid-growth companies.

Holly Maurer-Klein, President, HMK Associates. Holly has been working as a consultant to the Pittsburgh corporate community since 1988. Her prior experience included directing the HR function at American Auto-Matrix, Inc., and holding the position of Managing Director for the Human Resource Management Group, a subsidiary of the Pittsburgh Technology Council. Ms. Maurer-Klein formed HMK Associates, Inc. in 1993 to provide full-spectrum human resources services to growing organizations.

Ms. Maurer-Klein has given numerous presentations on a wide variety of human resources topics to diverse audiences and has written many articles for regional business publications. She served for 10 years on the board of Beginning with Books, a non-profit organization with the mission of turning children into lifelong readers, and has also served on advisory boards for Power Link, a local non-profit organization dedicated to assisting women-owned businesses. In May 2001, Ms. Maurer-Klein was named one of Pennsylvania's Best 50 Women in Business for 2001 by the Commonwealth of Pennsylvania's Department of Community and Economic Development, in association with the business journals of Pennsylvania. Ms. Maurer-Klein holds a Bachelors degree from Penn State University.

J. Patrick McGregor |Speaker
Ph.D., President, CEO and a founder of BitArmor Systems.

J. Patrick McGregor, Ph.D., President, CEO and a founder of BitArmor Systems. Since 2003, he has led financing, operations, business development, and technical initiatives at BitArmor. Dr. McGregor holds a Ph.D. from Princeton University in computer engineering, an M.A. from Princeton University in computer engineering, and both an M.S. and a B.S. from Carnegie Mellon University in electrical and computer engineering. He is an expert in computer security and computer architecture, and he has authored and presented many research papers for refereed conference and journal publications. Dr. McGregor has also filed for several pending patents involving cryptography and security software. His experience includes technical positions at Hewlett Packard Laboratories and several other software companies, and he has been quoted regarding his security research in national publications including The New York Times.

John C. Rodney | Moderator
Partner Thorp Reed & Armstrong LLP

John C. Rodney a partner at Thorp Reed & Armstrong LLP. John has a broad ranging business and tax practice with a particular focus on emerging companies.

April 18, 2007

ISSUE FORUM

Mediterranean Wellness’s Dr. Will Clower – A Brand with Personality -- On Becoming the Diet World’s Martha Stewart

April 18, 2007

Mediterranean Wellness’s Dr. Will Clower – A Brand with Personality -- On Becoming the Diet World’s Martha Stewart

We are pleased to introduce April’s featured entrepreneur -- Dr. Will Clower, President and CEO of Mediterranean Wellness. This award winning author, national media personality, and entrepreneur has earned a reputation for offering common sense solutions to the unhealthy eating habits that are creating an American crisis.

Dr. Clower’s first two books -- "The French Don't Diet" and “The Fat Fallacy” -- lauded the health benefits of a Mediterranean lifestyle. Will has now transformed that success into a scalable business model with a series of innovative employee wellness programs. This emerging segment is being driven by widespread realization of the payback offered by investments in preventative care for insurers, including self-insured firms.

Will’s program has proven its marketability with adoption by Fortune 500 corporations, hospitals, and wellness centers across the country. Will is now preparing for a national launch and his pitch to VC’s is designed to raise the capital to support the rollout of a scalable employee wellness model. To learn more about Will’s program, go to www.willclower.com.

The challenge: convince VC’s that he can reduce America's "bottom lines" while increasing that of his investors in the process. This MIT Forum will help Dr. Clower craft his message so he can be sure to bring home the bacon, er…, we mean bring home the paté !

Panelists:
Robert Kopf, Jr. | Speaker
Chairman and Chief Executive Officer of Smithfield Trust Company, an independent trust company located in Pittsburgh. Smithfield Trust has been an early investor in a number of Pittsburgh startup companies.

Robert Kopf, Jr. - Mr. Kopf is the Chairman and Chief Executive Officer of Smithfield Trust Company, an independent trust company located in Pittsburgh, Pennsylvania, with approximately $670,000,000 in assets under administration. As a state bank with trust powers only, Smithfield received its charter from the Pennsylvania Department of Banking ten years ago.

He is a 1966 graduate of Princeton University and received his law degree from Vanderbilt University in 1969. A practicing attorney in the estates-and-trust area for more years than he wishes to acknowledge, Mr. Kopf was a shareholder in the law firm of Buchanan Ingersoll, where he previously served as the Chairman of its Tax Section and its Compensation Committee, as well as a member of its Board of Directors.

Mr. Kopf is a member of the American College of Trust and Estate Counsel and a past officer of the Estate Planning Council of Pittsburgh. Throughout his career he has served on many charitable and civic boards and is the past president of the Harvard-Yale-Princeton Club of Pittsburgh and the Edgeworth Club of Sewickley, Pennsylvania.

Stephen G. Robinson | Speaker
Managing General Partner of both Robinson Venture Partners, and Robinson Properties, L.P., and Vice President/Director of Gateway Travel Management (GTM). He is also an investor and current or former director of numerous early-stage venture capital backed technology-oriented companies in Western Pennsylvania.

Stephen G. Robinson - Stephen G. Robinson is active in both business and non-profit sectors in the Pittsburgh area. He is Managing General Partner of Robinson Venture Partners, a Pittsburgh area family venture capital partnership. Mr. Robinson is also Managing General Partner of Robinson Properties, L.P., a real estate investment and development partnership.  Mr. Robinson is Vice President/Director of Gateway Travel Management (GTM), the largest independent travel management and meeting planning company in Western Pennsylvania. He is also an investor and current or former director of numerous early-stage venture capital backed technology-oriented companies in Western Pennsylvania, including Webmedx, Precision Therapeutics, Bit Armor, mSpoke, True Commerce and Bethany Hospice.

His current and past non-profit Board positions include the I Have A Dream FoundationÒ of Pittsburgh (Past-President), Pittsburgh Venture Capital Association (Past-President), the Advisory Committee of the Donald Jones Center for Entrepreneurship at The Tepper School, Pittsburgh Social Venture Partners (founding Partner, Treasurer), Western Pennsylvania Conservancy, Winchester Thurston School and Family Tyes.

Mr. Robinson graduated magna cum laude from the University of Pittsburgh in 1975 with a BA degree in Political Science.

Jonathan Berman | Speaker
Formed JBC, A Marketing and Business Development Firm which focuses on assisting clients with the creation and execution of efficient growth strategies.

Jonathan Berman who has formed JBC, A Marketing and Business Development Firm which focuses on assisting clients with the creation and execution of efficient growth strategies. His work has reached across multiple industries, including packaged goods (food and beauty), software, real estate, electrical equipment manufacturing, printing, media, e-commerce, promotional products, and healthcare.

Jonathan has significant experience in all aspects of launching new initiatives. These include direct management of new product development; establishing senior-level co-marketing, distribution, and production relationships; creation and fielding of marketing programs; and design of organizational structures and business processes.

As a consultant and on the operating side Jonathan has worked with leading local companies such as Leeds, Robicon, Vocollect, and Nova Chemicals as well as nationally and internationally known organizations such as Bestfoods, Kelloggs, The Grammy Awards, Rhino Records, The Sporting News, NFL Films, Lucas Arts, and the NBA. Jonathan earned his MBA at the Darden School of Business at the University of Virginia, and a BA in Economics at Vassar College.

Suresh Vishnubhatla | Speaker
Chief Technology Officer for Millennium Pharmacy Systems, a medication management service provider for the long term care industry. In his role as the CTO, he oversees the development of the software products and the operation of the network that connects all the facilities.

Suresh Vishnubhatla is the Chief Technology Officer for Millennium Pharmacy Systems, a medication management service provider for the long term care industry. In his role as the CTO, he oversees the development of the software products and the operation of the network that connects all the facilities.

He joined MPS from BodyMedia Inc., where he was the Senior Vice President, Products and responsible for product development (hardware, software and informatics), clinical research and regulatory affairs. At BodyMedia he was also a key driver in the development of strategic partnerships and distribution networks for the suite of health and disease management applications. Prior to BodyMedia Mr. Vishnubhatla was responsible for Product Development at Emerson Electric Corporation’s Power and Water Solutions business.

His work during his career was primarily in the fields of real-time systems, software system development, networking, distributed computing and strategic partnership development. He has over 15 years experience building integrated systems that bring hardware, software and algorithmic components together to perform complex tasks.

Timothy J. Scanlon | Moderator
Vice President, ThoughtForm Inc.

As vice president of strategic design firm ThoughtForm, Tim Scanlon is passionate about understanding clients’ business challenges and the design magic that occurs when a diverse and talented team collaborates to creatively solve these challenges. Tim is often involved in formulating tailored project strategy with clients and coworkers to address business objectives for large and small companies in a wide range of industries. He is responsible for management, strategic marketing, and business development at ThoughtForm.

A strategic marketing and business development professional, Tim has 22 years of leadership experience in international marketing, user experience design, and strategic planning. He has effectively introduced new software and technology solutions for industry leaders Rockwell Automation, General Electric, Westinghouse Electric, and Structural Dynamics Research Corporation (SDRC). Tim was responsible for designing, staffing, and leading four user-experience design and marketing consulting teams to support the profitable growth of each of these businesses.

Tim is a 1984 graduate of Carnegie Mellon University’s School of Industrial Design. He has studied Strategic Marketing Management at Harvard Business School and Strategic Marketing of Technology Solutions through California Institute of Technology. He also participated in the Rockwell Leadership Institute through Northwestern University Kellogg School of Business and is an active member of several design, marketing, and strategy professional organizations including Leadership Pittsburgh XXIII. In addition, he is on the board of directors for the MIT Enterprise Forum in Pittsburgh and Alucid Solution, Inc.

March 21, 2007

ISSUE FORUM

Bringing intellectual property to market - the right path ...a look at 4moms

March 21, 2007

Bringing intellectual property to market - the right path ...a look at 4moms

When should a startup company with significant intellectual property seek to monetize these assets? 4moms CEO Rob Daley will discuss how his company has developed smart products that make everyday childrearing tasks easier and more enjoyable. Should the company continue to develop their IP and production company or seek more immediate revenues by licensing their ideas to others?

Robert D. Daley, Co-Founder and CEO, Thorley Industries Rob co-founded Thorley Industries with Aethon founder Henry Thorne. Thorley develops innovative products for established industries that have not embraced low cost electronics. The Company debuted two juvenile products in May of 2006 under the brand 4moms. The first, a Digital Spout Cover with Built-in Thermometer, shipped in November of 2006 and the second, a Cleanwater Infant Tub, in January of 2007. Currently more than 148 retailers carry the Company’s products including Amazon.com, BabiesRus, and Target.com. A Power Folding Stroller and Power Folding Playard are in development. To-date the Company has filed more than 30 patents and has raised a total of $2.8 MM of angel funding.

Prior to Thorley, Rob worked for 13 years with entrepreneurial and early stage companies evaluating markets, developing business strategies, and raising capital. He has experience as a venture capitalist, most recently with a technology focused firm backed by the PNC Financial Services Group. Early in his career, Rob worked for Alex. Brown and Sons, an investment bank in Baltimore, MD. Rob has a degree in Finance from the University of Virginia and an MBA from Northwestern University.

Panelists:
Babs Carryer | Speaker
President and CEO of RemComm, Inc. (www.remcomm-inc.com), a provider of radio-based emergency communications and data transfer even in the absence of the internet, cellular service and commercial power.

Babs Carryer, is President and CEO of RemComm, Inc. (www.remcomm-inc.com) , a provider of radio-based emergency communications and data transfer even in the absence of the internet, cellular service and commercial power. Babs has recently been featured in TEQ Magazine and the Pittsburgh Business Time, and RemComm was featured in the November 2006 issue of Popular Communications. Babs is widely experienced in the start-up community, having been involved with hundreds of early-stage companies seeking financing, growth, or acquisition partners. She was President of Carryer Consulting for 13 years providing strategic marketing and business planning services to technology companies, founder and CEO of MIDASBio Inc, a novel early-stage cancer diagnostic platform and founder and president of LaunchCyte LLC, a development company that creates, seeds, and harvests life sciences innovations from leading research universities.

Babs has a Masters in Management from Carnegie Mellon University, and teaches Entrepreneurship there at the Don Jones Center for Entrepreneurship. She also teaches Entrepreneurship at the Heinz School at CMU as part of the Masters of Information Systems (MISM) and the Masters of Medical Management (MMM) programs, and teaches entrepreneurial commercialization of new technologies at the University of Pittsburgh’s Office of Enterprise Development.

Norm Goldberg | Speaker
ThoughtForm Inc – Senior Associate Norm is an experienced designer and part of the management team at the firm ThoughtForm, a design firm based in Pittsburgh whose work includes branding for a wide variety of corporate and non-profit clients.

Norm Goldberg – ThoughtForm Inc – Senior Associate Norm is an experienced designer and part of the management team at the firm ThoughtForm, a design firm based in Pittsburgh whose work includes branding for a wide variety of corporate and non-profit clients. Norm has 25 years of experience developing and expressing brands through a wide variety of channels, including graphic identity programs, naming, designed environments, interactive experiences, and new product development. Norm is an alumni of Carnegie Mellon University in design and completed the Entrepreneurial Fellowship Program at the University of Pittsburgh. Most recently, Norm presented a branding and interaction design project developed for the Pitt at the Society for Environmental Graphic Design’s annual design symposium at Cranbrook Academy of Art.

Thomas B. Hotopp | Speaker
Mine Safety Appliances Company – Director, President and Director 1996 – 2002.

Thomas B. Hotopp – Mine Safety Appliances Company – Director, President and Director 1996 – 2002. Tom joined Mine Safety in 1991 as VP and General Manager of the Safety Products Division. During Tom’s tenure as President and Director, Mine Safety, a global manufacturer of safety and instrumentation products achieved sales of $914 million in 2006 with a net income of $64 million. Tom is a graduate of Stanford University and the University of Notre Dame. He is currently Vice Chairman of the Pittsburgh Symphony. Prior to joining MSA he held executive, sales, and marketing positions with the Kingston-Warren Corporation and Corning Incorporated.

Joshua J. Ziff | Speaker
Bridge Semiconductor Corporation - Founder, President & CEO - Bridge Semiconductor Corporation manufactures thermal imaging sensors and cameras.

Joshua J. Ziff - Bridge Semiconductor Corporation - Founder, President & CEO - Bridge Semiconductor Corporation manufactures thermal imaging sensors and cameras. Prior to founding Bridge, Josh was Vice President, Business Development for Medrad, Inc., a Pittsburgh-based manufacturer of medical equipment and disposables sold to hospitals worldwide. He worked on several, advanced nuclear reactor programs for General Atomic Company, Westinghouse Hanford Company, and Westinghouse Electric as a nuclear engineer and engineering manager. Josh received B.S. in Engineering and M.S. in Nuclear Engineering degrees from Purdue University where he was elected to Tau Beta Pi. He also earned a MBA with Distinction from Carnegie Mellon University. He holds two US patents.

Virginia (Ginny) Flavin Pribanic | Moderator
President and CEO of MedRespond, LLC.

Virginia (Ginny) Flavin Pribanic - President and CEO of MedRespond, LLC. Ginny is a founder of MedRespond, LLC, a technology company created to commercialize a patented artificial intelligence system developed by researchers at Carnegie Mellon University to the healthcare industry.  The technology combines AI and streaming media to simulate conversations online, providing a unique experience for the patient that captures the informatics behind each conversation to deliver 24/7 market intelligence to its customers.  MedRespond has created programs that help cancer patients explore clinical trials, encourage parents to seek early screenings for autism, educate patients about the risks of hospital acquired infections and provide tools needed to manage asthma.  MedRespond’s newest initiative will introduce online lifestyle coaches to help school-aged children improve their nutrition and lifestyle choices.  Ginny is a serial entrepreneur who has been a part of five technology start-up teams with innovative solutions to healthcare and communication challenges.  Ginny has an MBA from CMU’s Tepper School and is a board member of the MIT Enterprise Forum.  

February 28, 2007

ISSUE FORUM

Research to Application: Moving from the lab to a replicable standard product.

February 28, 2007

Research to Application: Moving from the lab to a replicable standard product.

How does a company go from being a small supplier of specialized diagnostic equipment for brain disorder researchers, to a supplier of affordable equipment in a much larger clinical market?" CEO Howison Schroeder will share his plans for growing Neuro Kinetics, by developing products that can be mass-produced to serve an untapped clinical marketplace.

The moderator for the program will be Michael Fox. Mike is a shareholder and director of Gefsky and Lehman, P.C., a sponsor of the presentation. He has been a long standing officer and director of MIT Enterprise Forum of Pittsburgh.

Our panel of experts will discuss how Neuro Kinetic’s strategy can be successfully implemented.

Panelists:
Robert Dickson | Speaker
Cardiac Assist, Chief Financial Officer

Robert Dickson – Cardiac Assist, Chief Financial Officer. Bob oversees the financial reporting process, ethics policy, and inventory purchasing at medical device manufacturer Cardiac Assist. As a consultant he has helped companies restructure, make acquisitions, and implement ERP systems. He serves on the board of trustees for mutual fund Fort Pitt Capital. Previously, Bob was chief financial officer for TRACO, a fenestration manufacturer, and has served in financial positions at Dynamet, Carpenter Technology Corporation, and Price Waterhouse.

Mike Howard | Speaker
Medrad, Sr. VP – Corporate Services and Chief Financial Officer

Mike Howard – Medrad, Sr. VP – Corporate Services and Chief Financial Officer. Mike joined Medrad in 1991 to lead the Finance, Information Technology, Human Resources, Marketing Services, Internal Consulting and Legal Services functions. He has been instrumental in MEDRAD's acquisition of three smaller companies and initiation of several technology development programs. During Mike’s tenure at Medrad the company has grown in sales from $49 million to over $400 million in 2006.

Rich Lordo | Speaker
Respironics, Manager of New Product Development and Engineering Support Activitiea

Rich Lordo – Respironics, Manager of New Product Development and Engineering Support Activities – Children’s Medical Ventures. Rich has been involved in all areas of Respironics homecare business for the past 19 years. He is an advisor to the University of Pittsburgh’s Swanson Engineering Center and a member of the Visiting Committee for the Department of Mechanical Engineering. Rich is the holder of 11 US patents.

John Manzetti | Speaker
Pittsburgh Life Sciences Greenhouse, President and Chief Executive Officer

John Manzetti - John was recently named President and Chief Executive Officer of the Pittsburgh Life Sciences Greenhouse, helping start-up companies get their ideas and products from "concept to commercialization." Previously, he was responsible for managing all operations at NOMOS, a leader in the field of radiation therapy treatment solutions. Prior to joining NOMOS, Mr. Manzetti served as Executive Vice President and Chief Financial Officer and Treasurer at Carnegie Group, Inc., a leader in delivering advanced software solutions to commercial and government markets.

Michael Fox | Moderator
Shareholder and Director of Gefsky and Lehman, P.C.

Michael Fox - Mike is a shareholder and director of Gefsky and Lehman, P.C., a sponsor of the presentation. He has been a long standing officer and director of MIT Enterprise Forum of Pittsburgh.

January 25, 2007

ISSUE FORUM

Financial Markets: Outlook 2007

January 25, 2007

Financial Markets: Outlook 2007

MONEY.
You need it. They have it. How do you get it?

For a company, this is the elemental nature of capital markets, but at a global level, investors drive opportunities. It’s the successful entrepreneur who understands the forces that shape investment decisions.

At “Financial Markets: Outlook 2007,” our world-class panel will examine at a macro level the flow of money for the coming year, answering such questions as:

  • What are the outlooks for the VC, public and M&A markets?
  • What is the general outlook for the economy – local, national, and global – for 2007?
  • What structural and regulatory issues will pull and shape the capital markets over the coming year?
  • How will all of the above affect a company’s financial strategies?

Register today for this can’t-miss program and learn the forces at play on the financial markets for 2007 – and how it affects the welfare of your business.

This program will be broadcast around the world via satellite and Web cast.

MIT Enterprise Forum Global Broadcast Series
The MIT Enterprise Forum Global Office would like to thank our Cambridge chapter for providing the content for this program.

Panelists:
Axel Bichara | Speaker
Senior Partner, Atlas Venture

Axel Bichara '88 is a senior partner in the technology sector at Atlas Venture focusing on software and services technology. Before coming to Atlas Venture in 1993, he was vice president of product development at Premise, a venture-backed software company, which he co-founded in 1987. Premise was acquired by Computervision in 1991. Axel was lead investor in SolidWorks, a mechanical design automation software company that was acquired in 1997 by Dassault Systemes. Axel also participated as a first-round lead investor in SpeechWorksand, as a board member, helped build the company through an IPO in 2000 and its later sale to ScanSoft in 2003. He continues to serve on the board of Phase Forward (IPO in July 2004) where he was also the first-round lead investor.

Between 1997 and 1999, Axel spent 18 months in Munich to build up Atlas Venture's business activity in Germany. He currently sits on the boards of portfolio companies BlueShift, Bluespec, CLK Design Automation, Liquid Machines, Marathon Technologies, NaviMedix, and Phase Forward. Axel holds an MBA from INSEAD, a master of science from MIT, and a master's degree in mechanical engineering from Technical University in Berlin.

Benjamin Howe | Speaker
Managing Partner, America’s Growth Capital

Benjamin Howe is chief executive officer of America’s Growth Capital. In 20 years as an investment banker, Ben has completed more than 250 transactions. He began his investment banking career in the mid-'80s in New York City with First Boston and Smith Barney.

In the mid-'90s, Ben was the head of Technology Investment Banking for the East Coast and Europe for Montgomery Securities. Prior to founding America 's, Ben served as managing director, head of Mergers & Acquisitions, and Executive Committee member at SG Cowen Securities.

A certified public accountant, Ben worked at Coopers & Lybrand prior to joining Smith Barney. He holds a bachelor's in economics from Trinity College and a master's in accounting from The Stern School of Business at New York University. Ben is a member of the Board of Regents of Portsmouth Abbey School in Rhode Island, a member of the Young Presidents Organization, and a board member of Wellesley (MA) Little League.

Frederick Lane is chairman, CEO, and a founding partner of Lane, Berry & Co. International. Previously, he was a managing director of Donaldson, Lufkin & Jenrette, as well as of Credit Suisse First Boston upon CSFB's acquisition of DLJ in 2000. When he joined DLJ in 1976, Frederick was one of only eight investment bankers at the firm. He was instrumental in the growth of DLJ's investment banking business as reflected in his installation to DLJ's Hall of Fame.

Frederick was founder of DLJ's first regional investment banking office in Boston, and served on the firm's Equity Underwriting, Banking Review, and Fairness and Valuation Committees. From 1989 to 1995, he was co-head of DLJ's Mergers and Acquisitions Department. His experience encompasses a broad range of industries, including conglomerates, consumer products, retail, distribution, telecommunications, media, and electronics.

An active private equity investor, Frederick was a founding investor of Staples. He received his bachelor's, cum laude, from Harvard College, and his MBA, with distinction, from Harvard Business School.

Frederick C. Lane | Speaker
Chairman & Chief Executive Officer, Lane Berry Investment Banking

Frederick Lane is chairman, CEO, and a founding partner of Lane, Berry & Co. International. Previously, he was a managing director of Donaldson, Lufkin & Jenrette, as well as of Credit Suisse First Boston upon CSFB's acquisition of DLJ in 2000. When he joined DLJ in 1976, Frederick was one of only eight investment bankers at the firm. He was instrumental in the growth of DLJ's investment banking business as reflected in his installation to DLJ's Hall of Fame.

Frederick was founder of DLJ's first regional investment banking office in Boston, and served on the firm's Equity Underwriting, Banking Review, and Fairness and Valuation Committees. From 1989 to 1995, he was co-head of DLJ's Mergers and Acquisitions Department. His experience encompasses a broad range of industries, including conglomerates, consumer products, retail, distribution, telecommunications, media, and electronics.

An active private equity investor, Frederick was a founding investor of Staples. He received his bachelor's, cum laude, from Harvard College, and his MBA, with distinction, from Harvard Business School.

Deborah Kuenstner | Speaker
Chief Investment officer, Brandeis University

Deborah Kuenstner is chief investment officer at Brandeis University. Prior to that, she was managing director of research for Fidelity Management & Research Company (FMRCo), the investment management organization of Fidelity Investments. Deborah oversaw the specialized research function at FMR Co.

Before joining Fidelity Investments, she was the chief investment officer, Global Value, at Putnam Investments from 2000 to 2004. Her other roles at Putnam included chief investment officer, International Value, and senior portfolio manager, International Equities. Prior, she worked in International Equities at DuPont Pension Fund Investment, as an International Investment strategist at Merrill Lynch, and an economist at the Federal Reserve Bank of New York.

Deborah received a bachelor's degree in economics summa cum laude from Wellesley College. She was also a Durant Scholar and received the Natalie Bolton Prize in Economics. Deborah did graduate studies in statistics at Columbia University before earning her MBA with distinction from New York University.

Liz Claman | Moderator
Anchor CNBC’s “Morning Call”

Liz Claman is co-anchor of CNBC's Morning Call and anchor of CNBC's primetime program Cover to Cover. Liz is an award-winning journalist, having joined CNBC in April 1998, after spending three years as an anchor/reporter for NBC affiliate WHDH-TV, Boston. During that time, she also served as contributing correspondent for the NBC-syndicated daytime show, RealLife.

Prior to that, Liz was an anchor at WEWS-TV (ABC) in Cleveland, where she won an Emmy Award for Best Morning Anchor for her work on the two-hour morning show, Morning Exchange. Claman began her on-camera career at the ABC affiliate WSYX-TV in Columbus, Ohio, first as a reporter and then as weekend anchor.

Since joining CNBC, she has anchored shows ranging from Today's Business, Wake Up Call , Morning Call , and MarketWrap . Her first book, “The Best Investment Advice I Ever Received” (Warner) is due out November 2006.

Liz holds a bachelor's degree in French language from the University of California at Berkeley, as well as a Certificat Superieur from the Universite' de Paris, La Sorbonne. An avid runner, she completed the New York City Marathon in November 2005.

December 13, 2006

ISSUE FORUM

The Promise of Stem Cells: Separating Hype from Reality

December 13, 2006

"The Promise of Stem Cells: Separating Hype from Reality"

Stem cell research has contributed to advancements in drug discovery, treating cardiovascular diseases (heart and blood vessel repair), neurodegenerative disease such as Parkinson's, Alzheimer's and Multiple Sclerosis, and neural injuries like spinal cord and head trauma.

Presented in association with the Atlanta Chapter of the MIT Enterprise Forum, join us for an evening to explore the basics of stem cells, including the difference between adult stem cells and human embryonic stem cells, and how each figures in stem cell research. Also part of the discussion will be how cloning and transgenics animal methodologies and platform technologies are leading to breakthroughs in biomedical and agricultural sciences.

Learn where breakthroughs in stem cell research are projected and how they could lead to entrepreneurial business opportunities.

Our moderator for local panel discussion will be David S. Smith, a corporate lawyer focusing on intellectual property transactions, venture financings and regulatory matters for life sciences companies and investors, is of counsel with Pepper Hamilton LLP, resident in the Pittsburgh office. David will moderate our discussion and provide some insight into some of the legal, ethical and regulatory issues surrounding our topic.

The national panel presentation will be followed by a Pittsburgh panel discussion and Q&A from the audience.

Panelists:
Amit N. Patel, MD, MS | Speaker
Director, Center for Cardiac Cell Therapy, University of Pittsburgh Medical Center and McGowan Institute for Regenerative Medicine

Amit N. Patel, MD, MS, Director, Center for Cardiac Cell Therapy, University of Pittsburgh Medical Center and McGowan Institute for Regenerative Medicine, Assistant Professor of Surgery, University of Pittsburgh School of Medicine. Dr. Patel, a cardiothoracic surgeon, is internationally recognized as a pioneer of adult cardiac stem cell research and therapies. In a decade of providing cardiac care, Dr. Patel has sought to improve the treatment of heart conditions, particularly by restoring strength and function to heart muscle with adult stem cells.

Johnny Huard, Ph.D. | Speaker
University of Pittsburgh, Associate Professor in the Departments of Orthopaedic Surgery and Molecular Genetics and Biochemistry and Bioengineering

Johnny Huard, Ph.D., of the University of Pittsburgh is an Associate Professor in the Departments of Orthopaedic Surgery and Molecular Genetics and Biochemistry and Bioengineering, and also the Director of the Growth and Development Laboratory of Children’s Hospital of Pittsburgh. Dr. Huard’s main research focus continues to expand the possibilities of tissue engineering by unlocking the potential of gene therapy and adult stem cell research and transferring research findings into the development of effective treatments for damaged or diseased tissues as they relate to the musculoskeletal system.

Doros Platika, M.D. | Speaker
President and Chief Executive Officer, Pittsburgh Life Sciences Greenhouse

Doros Platika, M.D., President and Chief Executive Officer, Pittsburgh Life Sciences Greenhouse. This December Doros Platika, M.D. will join Cohera Medical Inc. as Chairman of its Board of Directors. Cohera Medical, based on the North Side, is a medical device company that is working to commercialize biodegradable surgical adhesives. He is also the chairman, CEO and co-founder of the Supercentenarian Research Foundation, which is studying the factors behind why some people live past 110. Doros Platika was named President and Chief Executive Officer of the Pittsburgh Life Sciences Greenhouse in 2003. Dr. Platika joined the PLSG from Boston-based MPM Capital, a leading national venture capital firm, focused on investment in life sciences companies, where he was a scientific advisor. Before that, he had demonstrated an ability to develop and grow life science companies, following 11 years of pragmatic clinical medicine experience.

David S. Smith | Moderator
Pepper Hamilton LLP

David S. Smith, a corporate lawyer focusing on intellectual property transactions, venture financings and regulatory matters for life sciences companies and investors, is of counsel with Pepper Hamilton LLP, resident in the Pittsburgh office. David will moderate our discussion and provide some insight into some of the legal, ethical and regulatory issues surrounding our topic.

November 15, 2006

ISSUE FORUM

The Annual "Elevator Pitch" Forum

November 15, 2006

The Annual “Elevator Pitch” Forum

Got a new company or a great idea?
Need money?
Want to improve your chances of getting some?

Picture yourself as the founder of a young company that needs capital. You get on an empty elevator. A potential investor you’ve been trying to meet gets on and the door closes. You’ve got one minute until he gets off. What do you say? “What floor, sir?” That’s one approach, but there could be a better way to spend that minute. It could happen that fast, not just on an elevator, but at a party, on an airplane or anywhere else. Are you ready for it?

If not, the MIT Enterprise Forum of Pittsburgh is here to help with its annual “Elevator Pitch” session at the Pittsburgh Golf Club in Shadyside on November 15, 2006, at 5:30 p.m. At this session, entrepreneurs and existing businesses seeking to raise funds will have an opportunity to make a 60 second presentation to a panel of experts plus over 100 prospective investors and other audience members. Instead of focusing on the substance of the business proposal, the panel will critique the delivery of the pitch. The goal of an elevator pitch is to get an appointment, not to close the deal. Therefore, the panel will comment on how well each presenter succeeded in achieving that goal and not on the merits of the business idea.

Our moderator for the evening will be Carolyn E. Green, COO, Logical Therapeutics, Inc. a privately held biotechnology company based in Pittsburgh, Pennsylvania. Carolyn is a co-founder, EVP and COO for the company. Previously, she was the founding director of the University of Pittsburgh Office of Enterprise Development, a life-sciences commercialization and entrepreneurial education center. www.logicaltherapeutics.com

How to Participate:

Due to time constraints, only 12-15 companies will be able to make elevator pitches. Companies or entrepreneurs that want to be selected in advance to make a presentation were asked to submit a brief summary of their business to contact@mitforumpgh.com. no later than November 3. Companies selected to present will be contacted by November 7.

Anyone who is not pre-selected to present is strongly encouraged to show up and raise their hands high when volunteer presenters are sought from the audience as several people also will be chosen from the audience on the night of the Forum.

Panelists:
Mel Pirchesky | Speaker
President, Eagle Ventures

Mel Pirchesky has likely raised more equity from angel investors than anyone else in Pittsburgh. Mel has raised over 50 million dollars of equity for more than 30 deals. As President of Eagle Ventures (www.EagleVentures.biz) he delivers high impact coaching to entrepreneurs in helping them to dramatically improve how they articulate their company’s value proposition.

Mel creatively works with his clients to formulate market positioning that allows them to articulate clear distinctions for whatever they are selling. He uses both out-of-the-box and basic blocking/tackling, experience-based processes to more effectively resolve their strategic financial, leadership, operational, sales/marketing, and acquisition opportunities. He has been a financial strategist, specializing in entrepreneurial coaching of elevator statements. He also has extensive experience in deal evaluation and structuring and has been or is a CEO or board member in a variety of industries including high technology, venture capital, manufacturing, process automation, and medical devices.

D. Lansing Taylor, Ph.D. | Speaker
CEO of Cellumen and co-founder of both Biological Detection Systems, Inc.(BDS) and Cellomics, Inc.

D. Lansing Taylor, Ph.D., CEO of Cellumen and co-founder of both Biological Detection Systems, Inc.(BDS) and Cellomics, Inc., and the Pittsburgh Life Sciences Greenhouse (PLSG), has helped build a foundation for the life sciences industry in western Pennsylvania.

Thomas D. Wright, Sr. | Speaker
CEO of Rosetta Capital Corporation, and co-CEO of The Hawthorne Group

Mr. Wright began practicing law in 1962 in Pittsburgh, PA with Eckert Seamans Cherin & Mellott. His practice was primarily in the areas of Federal income taxation, mergers, acquisitions and real estate development. His clients included Alcoa, Gulf Oil, Ryan Homes, Oxford Development Company and many family owned and operated businesses. He was Chairman of the firm's tax department, a member of its Board of Directors, and its President and Chief Executive Officer. He currently acts as Senior Counsel to the firm.

Mr. Wright has been an active investor in privately owned businesses and real estate since 1970. He and Henry Posner Jr. formed the Hawthorne Group in 1987 to invest and manage personal funds for their families. Since its inception through today, Mr. Wright has served as President and co-CEO of the Hawthorne Group. Hawthorne's investments have included outdoor advertising, television and radio stations, cable TV operations, wireless communications, sports marketing, prison health care and real estate development.

In 1985, Mr. Wright co-founded Business Records Management, Inc. (BRM), an off-site records and information management company in Pittsburgh, PA. BRM is currently owned by Mr. Wright and his family and has grown to be the largest privately owned and operated records and information management company in SW Pennsylvania.

Mr. Wright has also served as Chairman of the Board of Directors of Pepsi-Cola Bottling of Madison, WI and Rockford, IL.

Mr. Wright received his B.A. degree from Dickinson College and his LLB degree from Harvard Law School where he was a member of the Harvard Law Review.

Marc S. Malandro, Ph.D. | Speaker
Associate Vice Chancellor for Technology Management and Commercialization at the University of Pittsburgh

Marc S. Malandro, Ph.D. serves as the Associate Vice Chancellor for Technology Management and Commercialization and oversees the activities of the Office of Technology Management (OTM) and the Office of Enterprise Development (OED) at the University of Pittsburgh.  He has been with the OTM since 2004 where he previously served in the roles of Technology Licensing Manager and subsequently Director of the office.  Prior to joining the University, Dr. Malandro co-founded Sagres Discovery, a post-genomics functional biology company focused on the understanding of the molecular basis of cancer, where he served as Vice President of Technology and Strategic Alliances.  His responsibilities included managing company intellectual property, technology licensing and overseeing scientific collaborations.  Prior to Sagres, he served as Director of Genomics and Applications Development at Celera Agricultural Genomics, a division of Celera Genomics and Director of Research at PE Agricultural Genomics, a division of Applied Biosystems.  At Celera and Applied Biosystems, Dr. Malandro was responsible for the licensing, development and implementation of high throughput genome analysis and molecular marker technologies and products in plants and animals. He also developed a high-throughput platform for expression-based gene discovery in agriculture that lead to the development of several large research collaborations with leading agrochemical and biotechnology companies. Dr. Malandro received his Ph.D. in Biochemistry and Molecular Biology from the University of Florida, College of Medicine and completed his postdoctoral fellowship in the Department of Human Molecular Genetics at Case Western Reserve University in Cleveland, Ohio.

Carolyn E. Green | Moderator
COO, Logical Therapeutics, Inc.

Logical Therapeutics, Inc. is a privately held biotechnology company based in Pittsburgh, Pennsylvania.  The company is developing drugs to treat a variety of medical conditions that are caused by or are associated with excessive inflammation, including various forms of arthritis, obesity and type 2 diabetes mellitus. Carolyn Green is a co-founder, Executive Vice President and Chief Operating Officer for the company. Previously, Ms. Green was the founding director of the University of Pittsburgh Office of Enterprise Development, a life-sciences commercialization and entrepreneurial education center.

For more information on Logical Therapeutics, visit the company’s website at www.logicaltherapeutics.com or by email at info@logicaltherapeutics.com

October 18, 2006

ISSUE FORUM

Repositioning for Growth

October 18, 2006

Repositioning for Growth

August 31, 2006 Cygnus Manufacturing named former Respironics CEO Dennis Meteny, President and CEO. Based in Saxonburg, Pa., Cygnus Manufacturing (CMC) makes minimally and non-invasive medical device products, health and safety components, and high precision transportation, scientific instrumentation and aerospace products.

Cygnus chairman Craig Harding said the appointment of Meteny "will help drive our strategy of growing CMC through the acquisition and development of proprietary medical devices, while continuing to grow our contract manufacturing business." In addition to his 15 years, including five as CEO, at Respironics, the Murrysville-based maker of sleep-aid products, Meteny was most recently President and CEO of TeeMyn LLC, a consulting company focused on advising smaller companies entering the merger and acquisition field for the first time.

Dennis S. Meteny, President & CEO of Cygnus Manufacturing Company LLC will provide his early ideas as to strategic direction for CMC with regard to growing the Company via several complementary strategies. The Company is interested in expanding its precision manufacturing business through the addition of new customers and providing more product and service to its existing customer base built through its forty year history. Additionally, the Company is targeting companies of all sizes in its Manufacturing Partnership Services business segment which expands its historical contract manufacturing business to allow CMC to provide service to its customers earlier in the product design cycle and throughout a product’s life cycle. Lastly, CMC intends to be an opportunistic acquirer of products and businesses as it seeks to accelerate historic growth rates and take advantage of market opportunities that match its core competencies.

Panelists:
Reed Agnew | Speaker
Principal, ThoughtForm
Bob Bernardini| Speaker
President, Mullen Advettising
Drew Degentesh | Speaker
Director of Advanced Development, Daedalus Excel
Mike Kolbrener | Speaker
Principal, Kolbrener, Inc.

September 21, 2006

ISSUE FORUM

Global Entrepreneurship: Inefficiency as Opportunity in the Developing World

September 21, 2006

Global Entrepreneurship: Inefficiency as Opportunity in the Developing World

Can you do well by "doing good?" How do you make money in countries where the average worker makes as little as a dollar a day? Why is technology the answer for grass roots entrepreneurship on a village by village basis?

Presented in association with the MIT Media Lab and the MIT Program in Developmental Entrepreneurship, “Global Entrepreneurship: Inefficiency as Opportunity in the Developing World” will open the eyes and minds of entrepreneurs looking to capitalize on emerging global markets.

  • How to do good, and make money, by identifying needs and solving inefficiencies affecting poor regions
  • How high-tech solutions work in low-tech areas
  • Why “bottom-up” entrepreneurship works and “top-down” doesn't
  • How to use the US legal and financial systems to go global
  • How to overcome legal and governmental obstacles

Our featured panel includes Alex (Sandy) Pentland (moderator), professor of Media Arts and Sciences at the MIT Media Lab and co-founder and director of the MIT Program for Developmental Entrepreneurship; Damien Balsan, co-founder and vice president of business development for WAY Systems, a leader in mobile point-of-sale devices; Rick Burnes, co-founder of the venture capital firm Charles River Ventures; Iqbal Quadir, founder of the GrameenPhone cellular network in Bangladesh, and co-founder and director of the MIT Program for Developmental Entrepreneurship; and Randy Zadra, managing director of the Institute for Connectivity in the Americas.

Panelists:
Sandy Pentland | Moderator
Co-founder and director of the MIT Program for Developmental Entrepreneurship and the Toshiba Professor of Media Arts & Sciences
MIT Media Lab

Professor Alex (Sandy) Pentland PS '82 is co-founder and director of the MIT Program for Developmental Entrepreneurship and the Toshiba Professor of Media Arts & Sciences at the MIT Media Lab. Sandy is a pioneer in mobile communications, health systems, and technology for developing countries. One of the world's most-cited scientists, he has helped to create more than a dozen organizations, including several publicly-listed firms. He was previously founding director of the Center for Future Health and the Media Lab Asia, and was the Academic Head of the MIT Media Laboratory. A winner of numerous international awards in the arts, sciences and engineering, he was chosen by Newsweek as one of 100 Americans most likely to shape this century.

Damien Balsan | Speaker
Co-founder and Vice President of Business Development for WAY Systems

Damien Balsan GM '02 has over 15 years of experience in the telecommunications, mobile, bank card, and payment industry. Damien started his career in Mexico at France Telecom, in charge of developing the Minitel concept following France Telecom's investment of $500M in Telmex (Telefonos de Mexico). He has held several positions at Gemplus, the leading smart card manufacturer, including: Sales Director of Central and Eastern, General Manager for South America, and Director of Marketing for the Gemplus Mobile Business unit that focused in mobile banking and mobile commerce applications. Damien graduated from MIT's Sloan School of Management and was one of the first Developmental Entrepreneurship alumni, completing his thesis on Mobile Commerce Business Models with a particular focus on developing countries. The ideas developed in this thesis led him to become a co-founder of WAY Systems, an international leader in mobile point-of-sale devices.

Rick Burnes | Speaker
Co-founder Charles River Ventures

Rick Burnes was a co-founder of Charles River Ventures in 1970 and has played a major role in the firm's development into one of the country's major venture firms with offices in Waltham , Massachusetts and Menlo Park , California. Over the last 15 years, Rick has focused on investments in the fields of communications and information services. Among the successful investments he has led are: Cascade Communications, Chipcom Corporation, Epoch Systems, Abacus Direct, Summa Four, Concord Communications, Prominet, Aptis and Sonus Networks.

Apart from venture capital, Rick has been active in community organizations. Currently he is Chairman of Boston's nationally recognized Museum of Science, Chairman of the Entrepreneur's Foundation of New England, Vice Chairman of Sea Education Association and Director of The Boston Foundation.

Iqbal Quadir | Speaker
Co-founder & Director MIT Program for Developmental Entrepreneurship

Iqbal Quadir is internationally known for developing a new vision for universal information access, which he realized as the GrameenPhone network and its famous village phone ladies. Although considered unrealistic at the time, today it is widely considered to be one of the world's most important poverty alleviation inventions. From 2001-2005, he was a fellow at Harvard's JFK School of Government, teaching how technologies can affect change in developing countries. He is now co-founder and director of the MIT Program for Developmental Entrepreneurship, and organizing projects providing electricity, fertilizers, and potable water in Bangladesh and other countries.

Randy Zadra | Speaker
Managing Director Institute for Connectivity in the Americas

Randy Zadra is currently Managing Director of the Institute for Connectivity in the Americas (ICA), which was created for promoting and funding hemispheric innovation in the application of information and communication technologies (ICT) in the Latin American and Caribbean region. He has more than 15 years of experience in ICT, and extensive international experience. Randy previously held senior management positions at Teleglobe in Montreal, Quebec and Washington, DC and has founded two Internet start-ups, focusing on providing accessible Internet in developing countries. He has also worked with the Ministry of Industry in Canada, in international trade development and policy.

JUNE 1, 2005

ISSUE FORUM

Angel Groups in Action: Funding Early Stage Innovation

June 01, 2005

Angel Groups in Action: Funding Early Stage Innovation

You’re an entrepreneur at a crucial junction in the early stage of your company. Your choices are to pull your bootstraps so tight they cut off circulation, ask the bank to further extend your loan, and deliver your elevator pitch at the next family function.

Or you can talk to an Angel.

The MIT Enterprise Forum, Inc. presents a rare insider’s look into the ever increasing role of Angel Investing in early stage technologies. Featuring a panel of experts from across the country, “Angel Groups in Action” will close the knowledge gap entrepreneurs and the tech community have of the practices and principles of angel investing.

Produced in association with the Angel Capital Association, program attendees and viewers will learn:

  • The truth behind common myths about angel investors;
  • Common mistakes entrepreneurs make when approaching angels;
  • The evolution of angel investing and how groups can and do organize effectively today; and
  • The future trends of angel investments.

We are please to have some of our regional angel investors joining us on site to participate as a local panel for and Q&A following the broadcast from Cambridge. Joining us will be Danny Aderholt, an angel investor from Wheeling, Tom Jones from Blue Tree Capital and Mel Pirchesky from Eagle Ventures.

Panelists:
Ed Roberts '57 | Speaker
MIT Sloan School of Management Professor and Founder of the MIT Entrepreneurship Center

Edward B. Roberts '57 is the David Sarnoff Professor of Management of Technology at MIT's Sloan School . He is considered by many to be the ultimate expert on entrepreneurial endeavors as he has literally written the book on high-tech business impresarios. His Entrepreneurs in High Technology won the Association of American Publishers Award for Outstanding Book in Business and Management. Additionally, Professor Roberts is Founder and Chair of the MIT Entrepreneurship Center, and his research includes major aspects of entrepreneurial approaches by existing companies. Professor Roberts is actively involved as a co-founder, board member, and angel investor in many high-tech startups. He has four degrees from MIT, a bachelor's and masters in electrical engineering, a master's in management, and a Ph.D. in economics.

James Geshwiler | Speaker
GMChairman of the Angel Capital Association and Managing Director of CommonAngels

James Geshwiler GM '00 is co-founder and chairman of the Angel Capital Association, fostering best practices and forming new angel groups across the country. He is also Managing Director of CommonAngels, and has participated in funding 18 companies through over 55 rounds of financing totaling over $100 million since 1999. Geshwiler is a contributing author to Cutting-Edge Practices in American Angel Investing, and has published papers through the Kauffman Foundation. He graduated Phi Beta Kappa from the University of Texas at Austin, received a master's in political science from UCLA, and his MBA from the MIT Sloan School.

Dan Roach | Moderator
Brown & Brown LLP.

Daniel Roach (moderator) is currently with the CPA firm Brown & Brown L.L.P., where he works with a portfolio of technology and services clients. Before joining Brown & Brown, Roach gained a strong operating background by working with several early stage technology companies where he assisted in establishing the finance function and raising capital. Prior to his financial advisory work, he was a Managing Director for Garage Technology Venture, a Palo Alto, CA based early stage venture fund and investment bank where he was responsible for generating deal flow as well as performing due diligence on potential investments. Roach received his bachelor's from the University of Rochester and his MBA from Northeastern University.

Jeffrey Sohl | Moderator
Director, Center for Venture Research
Whittemore School of Business and Economics, University of New Hampshire

Jeffrey Sohl is Director of the Center for Venture Research at the Whittemore School of Business and Economics at the University of New Hampshire, and a Professor of Entrepreneurship and Decision Sciences. Prior to UNH, he was a consultant to the Department of Energy on public policy analysis. He has presented his angel research around the globe and has written for numerous academic and business journals. Sohl also sits on the New Hampshire Governor's Advisory Committee on Capital Formation, and is on the advisory and editorial boards for numerous organizations and publications.

Jerry Schaufeld | Moderator

Jerry Schaufeld has a wealth of experience in entrepreneurship, management, and funding of technology-based companies. Schaufeld recently completed a term as director of the Slater Fund, a venture development firm. He was co-founder of Phoenix Controls, a member of the Navigator Technology Ventures Board and Launchpad Angels, and co-founder of Cherrystone Angels. In addition, Schaufeld was a founder and the first Chairman of the MIT Enterprise Forum.


May 18, 2005

ISSUE FORUM

International Issues: Growing Globally .. Issues for Emerging Companies

May 18, 2005

International Issues: Growing Globally .. Issues for Emerging Companies

The May program “International Issues: Growing Globally” is a program that is focused on entrepreneurs and is intended to sensitize to the opportunities and pitfalls of the international marketplace. We are fortunate to have our speaker John R. Tedeschi, SR, VP of Global Field Organization for MedRad, Inc. who has an outstanding background and will be sharing some lessons learned, the good and the bad, in building business through international channels.

The moderator for the evening is Tom Emerson, Ph. D. Director, Donald H. Jones Center for Entrepreneurship at Carnegie Mellon University Tepper School of Business. Our panel members include Ron Morris of the American Entrepreneur radio program, who has extensive international business experience and Bill Thorbecke successful businessman and entrepreneur of the MIT Enterprise Forum Board of Directors.

Panelists:
John Tedeschi | Speaker
Sr. VP - Global Sales & Service - MEDRAD

John R. Tedeschi has served in his current capacity as head of MEDRAD’s Global Field organizations since 1998. He has been a leader in the development of MEDRAD’s worldwide sales, technical service, and clinical application teams that have produced annual revenue growth rates of over 15% and customer satisfaction ratings consistently exceeding best in class benchmarks. John has been a driving force in growing MEDRAD’s international business through the establishment of direct sales organizations in twelve countries as well as regional support offices across the globe. During his career, MEDRAD’s international business has grown from less than 10% of total sales to about 38% of MEDRAD’s total sales today.

Mr. Tedeschi joined MEDRAD in 1983 to manage MEDRAD’s Latin American business. He was assigned to the Asia Pacific Region later that same year where he established a strong distributor network and a market leadership position for MEDRAD over the next six years. From 1989 to 1996, he lived in Europe where he established MEDRAD Europe BV (The Netherlands), as well as subsidiary operations in France, Italy, Germany, and the United Kingdom. Following his time in Europe, John accepted a two-year assignment in Osaka, Japan to establish another direct MEDRAD subsidiary, Nihon MEDRAD K.K.. Upon his full completion of this assignment, John returned to Corporate Headquarters to assume his present role.

Prior to joining MEDRAD, John worked in International Marketing for Joy Manufacturing Company in Pittsburgh PA, and as a Technical Sales Representative for Oakite Industries, Inc, Berkeley Hills, NJ.

John earned a B.S in Business Administration from Clarion University of Pennsylvania and a Master of Science in Management from Boston University and the Vrije Universiteit Brussels (Belgium).

Ron Morris | Speaker
Host - The American Entrepreneur

Ron Morris is host to The American Entrepreneur ("TAE"), the only radio talk show in Western Pennsylvania devoted exclusively to the subject of entrepreneurship. The program delves into all aspects of the entrepreneurial experience and, as such, it attracts individuals and organizations similarly inclined.

"We talk about all things entrepreneurial", said Morris, himself an entrepreneur since 1972. "We encourage people to consider starting their own enterprises and we also talk a lot about what it's like to work in an entrepreneurial venture. Perhaps most importantly, we help entrepreneurs of all stages to become better at what they do. With ten start-ups under my belt and a very sharp listening audience, I like to think that there is no problem that we cannot at least help the listener with."

Morris, 54, has been "at it" for over thirty years. In that time, he has started or helped to start a number of prominent firms in the Western Pennsylvania area, including: IGATE Capital (formerly Mastech Corporation), Rapidigm (Formerly ComputerPeople), MestaMed, and JDWarren, Inc. Of his ten startups, Morris often views his track record as “seven wins, two losses, and one tie.”

He has earned numerous accolades for his work. In 1999, he was the First Runner-up in the “Masters” category of Ernst and Young’s “Entrepreneur of the Year” award (ironically enough, losing only to Tony Renda, owner of TAE’S “home station”, WPTT). This past May, he was named the “Western Pennsylvania Small Business Journalist Advocate” of the year by the Western Pennsylvania chapter of the Small Business Administration.

More information can be found at: www.americanentrepreneur.net

William Thorbecke | Speaker
President - W.H. Thorbecke Associates

W.H. Thorbecke Associates, a company serving small and medium sized companies streamlining operations and assists in launching start up companies become profitable self-sustaining entities. In l982 he co-founded Energy Support Services, Inc. providing diverse services and products to the power, oil, chemical pharmaceutical, waste management and aviation industries. Previously he served as a senior executive of major corporations, Shell, Mobil Chemical and Dravo where he built up business enterprises comprising total assets of over $2 billion. During his career he consummated 14 acquisitions, formed 28 joint ventures, and identified and implemented more than 100 internal growth programs.

Bill is a MIT graduate and has degrees in Engineering and Business Administration. He has served as a director of the World Affairs Council of Pittsburgh, a director of the Pittsburgh Council for International Visitors, a member of the American Management Associations International Management Division Council and a member of the National Association of Corporate Directors. He has been elected 3 times as Chairman of the MIT Enterprise Forum Pittsburgh Region and frequently speaks about entrepreneurship and financing of start-up ventures to local community groups.

Linda Schultz | Speaker
Risk Management Consultant - Hilb Rogal & Hobbs

Linda Schultz is a Risk Management Consultant, broker, and client executive at HRH. Hilb Rogal & Hobbs (HRH) is the seventh largest insurance brokerage firm in the United States, with over 120 offices throughout the nation. Her background of ten years claims experience, with four years of that time as a supervisor or manager for property and litigation claims, combined with her six years of underwriting experience, enables her to look at the comprehensive picture of a client's exposures. She also has her Associates in Risk Management certification as well as her Associates in Insurance Claims certification. She currently writes a weekly risk management column for the online newsletter, "techyvent.com"

Linda began her insurance career as a property claims representative with GAB Business Services, before moving to Travelers Insurance where she held the progressive positions of property claims representative, liability and auto claims representative, litigation manager, and casualty claims supervisor. She then joined the Chubb Group of Insurance Companies as and property and casualty claims supervisor, before progressing to liability claims assistant manager. She then moved to the underwriting side of the company, starting as a commercial underwriter where she handled the programs for mid-size and larger risk management clients.

As the Technology Department of Chubb grew, Linda became the Technology and Telecommunications underwriter at Chubb's office in Pittsburgh, focusing particularly on start up and emerging companies. Before joining HRH, Linda most recent position was as Senior Underwriter and Life Science Specialist with responsibility for all of Western and Central Pennsylvania.

S. Thomas Emerson | Moderator
Director - Donald H. Jones center for Entrepreneurship, CMU

S. Thomas Emerson, Ph. D. is an experienced entrepreneur, corporate executive and educator. He is the David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship and serves as Director of the Donald H. Jones Center for Entrepreneurship at Carnegie Mellon University in Pittsburgh, Pennsylvania where he is a full-time faculty member. Prior to joining Carnegie Mellon, he was President and CEO of Arizona Technology Incubator, a public-private partnership in Scottsdale, Arizona that mentors promising young technology companies. Prior to ATI, he founded and built three venture capital backed high technology companies: Periphonics Corporation of Bohemia, NY and Syntellect Inc. and Xantel Corporation of Phoenix, AZ. Two of these companies (Periphonics and Syntellect) became NASDAQ-listed national market companies. They created in aggregate more than $600 million in shareholder value.

Dr. Emerson holds four U.S. patents and a number of foreign patents and has authored more than 20 technical and scientific publications and numerous business articles. He was named Inventor of the Year by the U.S. Patent Office in 1973 for a highly innovative patent in the voice-processing field, and was named Entrepreneurial Fellow of the University of Arizona in 1986. Inc. Magazine and Arthur Young & Co. named him Arizona’s High-Technology Entrepreneur of the Year in 1989. The Dean's Council of 100 at Arizona State University named him Arizona's Entrepreneur of the Year in 1990. In 2000 he received the Technology Leadership Award from the Arizona Software and Internet Association. He has served as a director of public companies listed on the NASDAQ national market, AMEX and NYSE exchanges, as well as a number of early-stage companies.

Dr. Emerson earned M.A. and Ph. D. degrees in physics from Rice University, Houston, TX, and an S.B. in physics from Massachusetts Institute of Technology, Cambridge, MA.

April 20, 2005

ISSUE FORUM

Getting Your Money Back: Government Support and Funding of Early Stage Ventures

April 20, 2005

Getting Your Money Back: Government Support and Funding of Early Stage Ventures

Many companies overlook the multitude of support and funding opportunities from government agencies of all kinds. This can be a big mistake, since many programs are readily available and funding from the government is an investors dream. Money into the capital structure without dilution.

The presenter at this Forum will be focusing on the experience of Caracal Inc., a startup company planning to manufacture larger and more efficient silicon carbide wafers that are used in power transformer equipment. Caracal has about 80% of its capital to date provided by an astonishing array of federal, state and local government agencies and is also the beneficiary of numerous government programs that will lower its cost of operations going forward. Caracal had its grand opening in February, with Gov Rendell on hand to present them with a new check for almost a million dollars.

Entrepreneurs and established businesses will all get take-home value from this month’s forum. Rajiv Enand, the CEO of Caracal, will tell us what programs work for him and what makes his company an eligible and attractive candidate for government funding. The presentation will be supported by our expert panel, representing private and public organizations that exist to help companies get government money
Panelists:
Chris Ryan | Moderator
President - Geo-Solutions Inc.

Chris Ryan is the founder and President of Geo-Solutions Inc. This firm provides construction consulting services to owners, engineers and contractors on projects involving soil and groundwater. The company operates on sites around the US and around the world. Previously, he had founded Geo-Con Inc., a specialty construction company with operations nationwide. The company reached revenues of $50 million before being acquired by a strategic investor in 1995.

Geo-Solutions is currently constructing a new headquarters for itself and is the beneficiary of the PA KOZ program that provides tax free business locations and the Federal Hub Zone program that offers a 10% bidding advantage against competitors.

Rajiv Enand | Speaker
CEO - Caracal

Mr. Rajiv Enand is currently the President and CEO of Caracal. Mr. Enand is a seasoned tech entrepreneur who is active in the tech community in Western Pennsylvania. Prior to founding Caracal, Mr. Enand co-founded ServiceWare Inc. (NASD: SVWN.OB), a leading provider of knowledge-powered applications for customer service and IT support. Mr. Enand was instrumental in growing the company from a startup in his partner’s basement to one of the world's leading providers of knowledge based software and content to the customer support market. During the years 1993-2000, the company raised over $30M in venture capital from leading venture capital firms around the country. Mr. Enand left his role as CEO/Chairman of the company in 2000, commensurate with the company’s IPO.

More information can be found at: www.caracalsemi.com

Donna Constantino-Riling | Speaker
Manager, Business Finance - Southwest Pennsylvania Corporation

Donna Costantino-Riling is the Manager of Business Finance of the Southwestern Pennsylvania Corporation/Commission, the region’s state and federally designated metropolitan planning agency and local development district. She manages a total portfolio of over 20 million dollars consisting of over 150 clients. Her responsibilities include providing gap financing for eligible companies using state and federal low interest loan programs. She also provides companies with business renewal and turnaround assistance. Donna has also been active in assisting local companies that were affected by the recent flooding to acquire grants and loan funds from FEMA and the SBA Disaster Loan Recovery Programs.

Donna’s background includes 15 years in banking and 8 years as a small business owner. This has prepared her to understand the needs of the small business community regarding financing, and staffing issues unique to this region. She was the co-owner /founder of a Recreational Vehicle Sales Dealership, specializing in sales and service. Her dealership received national sales awards for three consecutive years from Starcraft Industries including the National Sales Leader Award in 1988.

Donna has participated as a judge for the Seton Hill College Business Plan Competition and speaker at the SBA/Women’s Economic Development Outreach Tour (WEDO) and co-instructor at Robert Morris University’s Veterans FastTrac Business Planning Class. Donna holds a Bachelor of Science in Accounting from Carlow Universitiy and received certification as an Economic Development Finance Professional from the National Development Council in 2000.

More information can be found at: www.spcregion.org

Joe Kuklis | Speaker
Principal - GSP Consulting

Joe Kuklis co-founded GSP Consulting Corp. with John Dick in February of 2001. Since starting the firm, Joe has served as a lobbyist and government affairs consultant, working on both federal and state related issues. Prior to starting GSP Consulting Corp., Joe served as Deputy State Director for U.S. Senator Rick Santorum, acting as the Senator’s liaison and primary contact point for corporations, businesses, non-profit organizations, colleges & universities, community & advocacy groups, elected officials and governmental agencies.

In 2000, Joe served as a member of County Executive Jim Roddey’s New Idea Factory, working to develop an aggressive public policy agenda to foster economic development. Joe also became a Pittsburgh Regional Champion in 2000, serving as a grassroots volunteer to promote all assets of the Pittsburgh market. In 2001, Joe was named as one of Pittsburgh’s Top 40 Under 40 by Pittsburgh Magazine, WQED and PUMP, for his work with GSP.

Since 1994, Joe has been active in statewide politics. He has participated in many of the region’s latest political campaigns and served as the Allegheny County Republican Committee’s Regional Development Director from mid-1996 through May of 2000. As Regional Development Director for the South Hills, Joe was responsible for recruiting new candidates for local Republican Committee posts in twenty South Hills municipalities.

Joe graduated from the University of Pittsburgh in 1994 with a double major in Political Science and Western Europeans Studies with a focus on Germany and with Minors in Economics, American History, European History and English. He remains active in his community and volunteers annually for the Juvenile Diabetes Walk for the Cure, the Big Brothers & Big Sisters bowl-a-thon and the United Way Days of Caring

More information can be found at: www.gspconsulting.com

Tim Deis | Speaker
Director of SBIR Programs - Catalyst Connection

Timothy Deis has 20 years of experience in technology development, proposal writing, program management and entrepreneurial activities. At Catalyst Connection, he is responsible for assisting regional companies in identifying and pursuing new product opportunities, and seeking out federal government funding for research and development projects, with a primary focus on the Small Business Innovation Research program. He is also a member of the executive committee of the Innovation Partnership, helping to develop Pennsylvania’s strategy to increase federal government funding flowing to companies.

Prior to joining Catalyst Connection and the Council, Mr. Deis founded and managed Applied Electro-Optics Corporation (AEC), which licensed technology from Carnegie Mellon University and developed it for applications in several capital equipment markets. In his career, Mr. Deis has worked on a broad range of technologies, managed proposal efforts to various government agencies and executed many programs that were awarded on a competitive basis. Mr. Deis holds a B.S. in Mechanical Engineering from Michigan State University, an M.S. in Mechanical Engineering from Carnegie Mellon University and an M.B.A. from the University of Pittsburgh.

More information can be found at: www.catalystconnection.org

March 16, 2005

ISSUE FORUM

When Your Technology Is Ahead of the Market Curve

March 16, 2005

When Your Technology Is Ahead of the Market Curve

Being “ahead of the curve” is often claimed as a badge of honor, signifying an ability to be at a destination (preferably with just what we’ll find we need when we get there) before the rest of us. But if we take too long to catch up, or, worse, are on a different curve altogether, being “ahead of the curve” can turn out to mean failure for the company launching a new technology. Some of the greatest rewards and deepest frustrations may come from being being first with a solution in a marketplace that has yet to recognize the problem being solved. The scale of the reward or depth of the frustration may be functions of the distance to be traveled to traverse that curve and whether it can be bisected or the journey accelerated by the right market strategy.
Panelists:
Andrew Norman | Speaker
President & Founder - Knosis, Inc.

Andy Norman served as an interface designer and senior project manager for MAYA Design's Human Sciences Group from 1999-2002. Prior to that, he was a tenured professor of philosophy at Hamilton College, where he taught logic, practical reasoning and critical thinking skills. His unique interdisciplinary research agenda led to publications dealing with knowledge systems, the logic of inquiry, learning and decision theory, and technology's impact on human perception and practices. Andy graduated Phi Beta Kappa from Wesleyan University and has a Ph.D. from Northwestern University.

About Knosis (www.knosis.com): Knosis helps educators, training and development professionals and forward-thinking leaders impart the thinking and communication skills that knowledge professionals need to excel in today's information-rich environments. The Company’s unique system empowers people to combat overload, attain clarity, command attention, and communicate with power. Its flagship product is a software "thought processor" that lets you see the logic of your thinking. Argutect opens a window into the world of ideas, so you can assemble compelling lines of thought in an intuitive, drag-and-drop environment. Graphical cues and context-sensitive logic help promote clarity, critical thinking, and effective communication. Results are easily exported into presentation software or a word processor. Knosis also teaches The ArgutectTM Method: a step-by-step approach to preparing written documents that are clear, persuasive and actionable.

Roger Byford | Speaker
CTO & Founder - Vocollect, Inc.

Roger Byford, one of the founders of the company, currently serves as chairman of the board of directors and chief technology officer of Vocollect, and has nearly 20 years of experience in the industrial application of speech technologies. As Vocollect’s CTO, Mr. Byford is involved in all aspects of the design and engineering of Vocollect’s voice-directed distribution systems. Prior to joining Vocollect, Mr. Byford served as engineering manager for Westinghouse Voice Systems, known for pioneering work in voice technology applications. He also worked for Westinghouse’s corporate Research and Development Center, where he collaborated to develop a voice-based access control system for apartment building elevators. Mr. Byford is a registered professional engineer, holds one U.K. and three U.S. patents, and earned his MA in Electrical Engineering from Cambridge University.

About Vocollect (www.vocollect.com): With more than 60,000 users at hundreds of companies and locations throughout Asia Pacific, Europe and North America, Vocollect has deployed more integrated voice-directed distribution systems than any other company. Together, its market-leading Talkman® wearable computer and integrated software suite cut operating costs by eliminating errors and improving worker productivity shift after shift. The company collaborates with a premier global network of systems integrators and leading WMS providers to serve warehousing customers in a wide range of industries. Using a real-time, working dialog, warehouse staff input data into their WMS - and work "hands-free, eyes-free™." With voice-directed applications and the Talkman belt-worn, ergonomic design, workers stay focused on the job at hand - they're not reading a screen, pick list, or purchase order; keying in data; or juggling both product and an input device. Vocollect’s systems are currently at work in a variety of applications ranging from picking, receiving, replenishment and other critical distribution functions, to quality control and data collection - virtually any function where it's faster and easier for people to speak aloud, than to enter data manually.

Bill Kaigler | Speaker
Founder & President - medSage, Inc.

Bill Kaigler has more than 18 years experience in product management, business development, project management, engineering, and marketing in the business to business technology and medical device manufacturing industries. During his career, he successfully launched more than a dozen new products, was awarded more than ten patents for his innovations and served as marketing manager for corporate oxygen products. Before starting medSage, Bill served as Vice President of Product Management for Moai Technologies Inc. (originally Medebiz): an Internet start-up software company specializing in e-sourcing and B2B healthcare contract management currently operating in Pittsburgh, Pennsylvania, and as Director of New Ventures, Respironics Inc. (corporate venture development and research and development organization). Bill has a Master of Science Degree in Industrial Administration from Carnegie Mellon University Graduate School of Industrial Administration and a Bachelor of Science Degree in Mechanical Engineering from West Virginia University.

About medSage (www.medsagetechnologies.com): Founded in 2002 by William Kaigler, Mike Sturdevant and Nancy Nunley, medSage has brought together a talented team of professionals from the home healthcare, software and medical device industries committed to solving problems for home healthcare pharmacies. medSage Technologies invented and pioneered a revolutionary Patient Management System for the home healthcare provider and respiratory pharmacy industry.

The medSage Patient Management System provides benefits critical to a business’s survival in today’s environment to: Dramatically increase call center productivity; Reduce call center costs while improving quality of care delivered; Increase provider revenues with higher reorder frequency and improved patient compliance; Increase new patient referrals and reduce program attrition; Reduce or eliminate emergency orders and Leverage outcomes data to support joint commission compliance and improve quality of care medSage provides an end to end solution designed to scale to any size pharmacy or home medical equipment provider. Our hosted solution is ideally suited for the small to medium sized provider. The online hosted solution can be accessed using Microsoft Explorer 5.0. Enterprise solutions, suited for larger organizations, can be installed behind the customer’s firewall and fully integrated with back office applications.

Jack Roseman | Moderator
MIT Forum Board

Jack Roseman was formerly the John R. Thorne Professor of Entrepreneurship at Carnegie Mellon University where he taught for 13 years. Prior to that, he was the founder of three companies and President of On-Line Systems, an American Stock Exchange company eventually sold to Sprint. A serial entrepreneur and award-winning educator, Jack has been described as a wise, warm, insightful and often amusing guide to the realities of owning your own business. His book, “Outrageous Optimism” prompted one reviewer to call it possibly the best business book of 2004.

David Smith | Speaker
MIT Forum Board

David Smith is a corporate lawyer focusing on intellectual property and biotechnology issues, is of counsel with Pepper Hamilton LLP, resident in the Pittsburgh office. He provides legal counsel to emerging high-technology companies. Mr. Smith's intellectual property-related work includes IP transactions, regulatory issues and licensing. His corporate practice is concentrated in the organization, financing and growth of life sciences companies, and he is an authority on the legal issues surrounding the use of human biological materials.

He is a founder and principal of Teregenics, LLC, a company formed in 2003 that provides strategic product development analysis and consulting services to institutional investors, research centers and companies participating in developing human tissue engineering and regeneration technologies. From 2000 to 2003, Mr. Smith was senior vice president and general counsel of TissueInformatics.Inc, a bioinformatics company, until its merger with Icoria, Inc. Before that, he was of counsel at Reed Smith, LLP and led the development of that firm’s biotechnology practice in Pittsburgh.

David is an adjunct professor in Carnegie Mellon University’s Department of Engineering and Public Policy, and he frequently speaks at other universities and trade conferences on the commercialization of engineered tissue products and regenerative therapies. He is active in a number of trade organizations and serves on the executive committee of Tissue Engineering Society International, as secretary of the MIT Enterprise Forum of Pittsburgh and as secretary of the Pittsburgh Tissue Engineering Initiative, Inc. He is a past member of the board of directors of the Pennsylvania Biotechnology Association.

February 16, 2005

ISSUE FORUM

STUDENT PROGRAM: "You did what when you were how old?" ...success stories of companies started right out of school

February 16, 2005

STUDENT PROGRAM: "You did what when you were how old?" ...success stories of companies started right out of school

At 4:30 PM, the program kicks off with local, young entrepreneurs who began pursuing their dreams right out of college. Rich Linuk, the newly named President & CEO of Innovation Works will moderate the discussion and describe the ways IW can help fund such ventures. The panel of local entrepreneurs includes:

  • Tim Burns, President of TechRx
  • Gautam Gandhi, President of ClearCount Medical Solutions Inc.
  • Mona McGraw, President of NuRelm
  • Luke Skurman, CEO of College Prowler

At 6:30 PM, the main event will feature one of MIT’s brightest stars – Ian Eslick, who graduated from MIT in 1996 with a Bachelor and Masters Degrees in Electrical Engineering and Computer Science. Jessica B. Lee, local advisor to early-stage and emerging growth businesses and founder of the weekly Entrepreneurial Thursdays program in Pittsburgh, will introduce Eslick and field questions from the audience after his keynote address.

Eslick and two fellow MIT alumni founded Silicon Spice, Inc., a communications company commercializing technology based on work done for a school project. The company’s innovations drove a shift in the telecommunications market by delivering radical improvements in the economics of large-scale, carrier-class packet voice transport. After raising over $90 million in capital, his 120-person corporation was acquired by Broadcom Corporation in 2000 for $1.2 billion.

During the networking session from 5:30 to 6:30 and continuing after Eslick’s address, the audience will have the opportunity to network with some of the region’s most innovative business executives who mentor, encourage, and in many cases, hire those students. The knowledge and networking opportunities gained through this event will also empower students to act on their energy, ideas, and talent to contribute to – or even produce – tomorrow’s leading entrepreneurial ventures.

Steve Franks of the Pittsburgh Technology Council will introduce the Tech Council’s program for students and be available throughout the evening to discuss their programs.

Virginia Flavin Pribanic, chair of MIT Enterprise Forum of Pittsburgh, is convinced that the key to this region’s success will be our ability to bring together diverse communities with a common agenda – the desire to create new ventures.

“The Forum is comprised of an extraordinary audience – a seasoned community – with the expertise to support incredible growth. Combine this strength with the energy and innovation of our colleges and universities, and you have a remarkable force for success that will become the basis of this region’s new economy. The lessons learned in the classroom literally come to life when we bring these students to the Forums. Students network with experienced entrepreneurs who have built companies; with those who fund ventures; with legal, marketing, accounting experts and more – all of whom are eager to help promote start-ups in this region.”

Panelist:
Rich Lunak | Moderator
President & CEO - Innovationworks

Rich Lunak is an experienced entrepreneur who helped lead a three-person, local start-up, Automated Healthcare, to a $65 million acquisition by McKesson Corporation, the nation’s 16th largest company. Rich was a key executive during the company’s earliest stages, helped raise $13 million in financing, oversaw the commercialization of multiple products, managed the company through rapid growth in sales and employees, and created a smooth transition when acquired by McKesson. As Group President, McKesson Automation, Rich led five autonomous business units which created and maintained nearly 500 local engineering and manufacturing jobs and employs more than 1,600 nationally. He was responsible for acquiring new technologies and the design, development and rollout of numerous robotic, automated and software products that are installed in leading healthcare providers across the country and around the world.

A technologist as well as an entrepreneur, Rich Lunak received a Bachelor’s Degree in Electrical and Computer Engineering from Carnegie Mellon, a Master’s Degree in Business Administration from the University of Pittsburgh, and holds several U.S. patents. He is a guest lecturer at the University of Pittsburgh and Carnegie Mellon and is a member of the Board of Directors of the Pittsburgh Technology Council, the Technology Collaborative (previously the Pittsburgh Robotics Initiative), and serves on the Carnegie Mellon School of Engineering Advisory Board.

Jessica B. Lee, J.D. | Moderator

For over ten years, Jessica Lee has advised early-stage and emerging growth businesses as an investment banker, outside general counsel and business/investment counsel, and institutional venture capital investor with an emphasis on the financial, technology and life sciences sectors. She has served as an advisor to, and as an executive/entrepreneur-in-residence with, both institutional investors and with early-stage and emerging growth businesses on matters such as strategic planning, business development, securities regulatory compliance, financing strategy, business combinations and joint ventures, corporate partnering, facilitation and mediation, and human capital.

Prior to founding her own firm, Ms. Lee had served as a partner at the financial and business law firm of Santone, Sweat & Passarello, LLP; and, prior to that position, as an associate in the Business and Finance Law Department of Titus & McConomy, LLP (formerly Cindrich & Titus). Jessica holds a J.D. from the Duke University School of Law, and a B.A. from Duke University, both in Durham, NC.; has been trained as a facilitator and mediator of management team and business matters through the National Association of Securities Dealers (NASD) Business Mediation Training Program; is a member of the American Bar Association licensed to practice in Pennsylvania and before the U.S. Tax Court; and holds the following investment advisory and investment banking National Association of Securities Dealers licenses: Series 7, 24, 63, and 65.

Mona McGraw | Speaker
President - NuRelm

Mona McGraw is President and Co-Founder of NuRelm, Inc. NuRelm is a profitable 4-year old Internet software and E-business solutions firm headquartered in Uniontown, PA. NuRelm is an Innovation Works portfolio company that has also received investments from the CL Fund, Endeavor Capital Management, and Fay-Penn Economic Development Council.

Mona holds an M.S. in Business Administration and two undergraduate degrees in Marketing and English. Prior to founding NuRelm, she held management and business development positions at Kaiser Permanente and IDX. Mona was recently appointed by Governor Rendell to serve on the PA Workforce Investment Board. She also serves on the Pittsburgh-based Tech Action GroupBoard of Directors, an advocacy group made up of Pittsburgh area CEOs of rapid growth technology firms.

Gautam Gandhi | Speaker
ClearCount Medical Solutions Inc.

Gautam Gandhi along with Steve Fleck are the co-founders of ClearCount Medical Solutions. My vision in graduate school was to become an entrepreneur that would also make a social impact. When we first heard about the problem of retained surgical sponges and instruments, we were both appalled. My partner and I got together and thought there must be a better way for nurses to track these items than the current system of manual counting. Conceptualized in an entrepreneurship course project, ClearCount became a funded company soon after graduation.

Gautam Gandhi and Steve Fleck are both recipients of the Roseman - Canfield Entrepreneur of the Year from the Tepper School of Business. Gautam Gandhi has a worked previously for Microsoft, Fidelity Investments and also has a B.S. in Information Decision Systems and Industrial Management from Carnegie Mellon University. Steve holds a degree in Applied Physics and Bioengineering from Cornell University and has worked for CardiacAssist and Boehringer Laboratories.

Michael Kobold | Speaker
Founder - Kobold Watch Company

Michael Kobold was born in Frankfurt, Germany into a family of entrepreneurs. Despite strong doubts from school officials, he graduated with exemplary marks from Frankfurt International School, having completed the rigorous International Baccalaureate (IB) Program. He attended Carnegie Mellon University in Pittsburgh, where he graduated after just three years with a Bachelor of Science degree in economics.

Mr. Kobold is an avid entrepreneur, having launched more than a dozen ventures. His first company was a not-for-profit organization that sells candy to students in an effort to raise funds for extra-curricular school activities. The successful operation of this company, CSFRC, was taken over by Frankfurt International School. For two years he worked as an assistant driving instructor at an elite driving school in Germany, specializing in anti-terrorism tactical driving. He also founded Kobold Watch Company, which manufactures wristwatches for professional use. The company‚s products are regarded by the international watch press as being among the world‚s top ten in their class and rival those of Rolex, Breitling, Omega, and IWC.

A frontrunner in the industry‚s technological advancements, the Kobold Watch Company was the first and only watch company to sell its products factory direct via the Internet. The website was also a pioneer in launching its three-dimensional technology and virtual assistant, Chloe.

Ian Eslick | Speaker
MIT Entrepreneur

Ian Eslick graduated from MIT in 1996 with a Bachelor and Masters Degrees in Electrical Engineering and Computer Science. Jessica B. Lee, local advisor to early-stage and emerging growth businesses and founder of the weekly Entrepreneurial Thursdays program in Pittsburgh, will introduce Eslick and field questions from the audience after his keynote address.

Eslick and two fellow MIT alumni founded Silicon Spice, Inc., a communications company commercializing technology based on work done for a school project. The company’s innovations drove a shift in the telecommunications market by delivering radical improvements in the economics of large-scale, carrier-class packet voice transport. After raising over $90 million in capital, his 120-person corporation was acquired by Broadcom Corporation in 2000 for $1.2 billion.

Today, Eslick is a research affiliate of the MIT Computer Science and Artificial Intelligence Laboratory and a graduate student at the MIT Media Lab working on a research program that aims to dramatically increase the effective intelligence of the human-computer interface as well as deepen our understanding of human cognition.

Joey Rahimi | Speaker
Chief Marketing Officer - College Prowler

Joey Rahimi oversees all online marketing, book production, and fulfillment and is the glue that holds College Prowler together. Joey has excellent intuition which guides him and makes him an amazing business man who is constantly wearing more than one hat. Joey has a rare blend of culture, education and experience. Joey is the ultimate at understanding a problem and dissecting it in order to find the most optimal strategy and then is able to teach and guide everyone around him. He holds a BS from Carnegie Mellon and is from Manhattan.

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