Tuesday, March 30, 2010

Geneva Atom Smasher Sets Collision Record

GENEVA — The world's largest atom smasher has set a record for high-energy collisions by crashing two proton beams at three times more force than ever before.

The $10 billion Large Hadron Collider directed the beams into each other Tuesday as part of its ambitious bid to reveal details about theoretical particles and microforces.

The collisions start a new era of science for researchers working on the machine below the Swiss-French border at Geneva.

Scientists at a control room at the European Organization for Nuclear Research, or CERN, broke into applause when the first successful collisions were recorded. Their colleagues from around the world were tuning in by remote links.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

GENEVA (AP) — The world's largest atom smasher was ready to start a new era of science on Tuesday, but problems delayed scientists seeking to collide the first beams of protons to learn more about the makeup of the universe and its smallest particles.

Dubbed the world's largest scientific experiment, the $10 billion Large Hadron Collider holds the promise of revealing details about theoretical particles and microforces, scientists say.

Tuesday's initial attempts were unsuccessful, however, because problems developed with the beams, said scientists working on the massive machine. That meant that the protons had to be "dumped" from the collider and new beams had to be injected.

"It's a very complicated machine and we have ups and downs," said Michael Barnett of Lawrence Berkeley National Laboratory. "Right now we have a down."

Two beams of protons began 10 days ago to speed at high energy in opposite directions around the 27-kilometer (17-mile) tunnel under the Swiss-French border at Geneva.

The beams were pushed to 3.5 trillion electron volts in recent days, the highest energy achieved by any physics accelerator — some three times greater than the previous record.

The European Organization for Nuclear Research, or CERN, is now trying to use the powerful superconducting magnets to force the two beams to cross, creating collisions and showers of particles. They could have been successful immediately, but such huge machines can be so tricky to run that it could take days.

When collisions become routine, the beams will be packed with hundreds of billions of protons, but the particles are so tiny that few will collide at each crossing.

Steve Myers, CERN's director for accelerators and technology, describes the challenge of lining up the beams as being akin to "firing needles across the Atlantic and getting them to collide half way."

He said the problems Tuesday started with a power supply that tripped and had to be reset. The second time, the system designed to protect the machine shut it down. That was likely to have been a misreading by the system rather than any basic problem, said Barnett.

The collisions will come over the objections of some people who fear they could eventually imperil the Earth by creating micro black holes — subatomic versions of collapsed stars whose gravity is so strong they can suck in planets and other stars.

CERN and many scientists dismiss any threat to Earth or people on it, saying that any such holes would be so weak that they would vanish almost instantly without causing any damage.

The Large Hadron Collider was launched with great fanfare on Sept. 10, 2008, but it was sidetracked nine days later when a badly soldered electrical splice overheated, causing extensive damage to the massive magnets and other parts of the collider some 300 feet (100 meters) below the ground.

It cost $40 million to repair and improve the machine so that it could be used again at the end of November. Since then the collider has performed almost flawlessly, giving scientists valuable data in the four-week run before Christmas. It soon eclipsed the next largest accelerator — the Tevatron at Fermilab near Chicago.

The extra energy in Geneva is expected to reveal even more about the unanswered questions of particle physics, such as the existence of antimatter and the search for the Higgs boson, a hypothetical particle that scientists theorize gives mass to other particles and thus to other objects and creatures in the universe.

Scientists hope also to approach on a tiny scale what happened in the first split seconds after the Big Bang, which they theorize was the creation of the universe some 14 billion years ago.

Rolf-Dieter Heuer, the director-general of CERN, has said it is likely to take months before any scientific discoveries are made, partly because computers will have to sort through massive amounts of data produced by the collisions.

Heuer said researchers hope by the end of this year to make discoveries into the dark matter that scientists believe comprises 26 percent of the universe. The better understood visible matter makes up only 4 percent of the universe.

Dark matter has been theorized by scientists to account for missing mass and bent light in faraway galaxies. Scientists believe it makes galaxies spin faster.

A separate entity called "dark energy," making up the remaining 70 percent of the universe, is believed linked to the vacuum that is evenly distributed in space and time. It is believed to accelerate the expansion of the universe.

Other possible candidates for discovery are hidden dimensions of space and time.

Physicists have used smaller colliders for decades to study the atom. They once thought protons and neutrons were the smallest components of the atom's nucleus, but the colliders showed that they are made of quarks and gluons and that there are other forces and particles.

Worlds Fastest NVIDIA Fermi Graphic Cards

Nvidia’s latest graphic cards the GTX 480 and GTX 470 which Nvidia are touting as the worlds fastest are Nvidia’s first to use DirectX 11 .

These next generation graphics cards are also the first to use Nvidia’s latest technology Fermi which creates faster frame rates at high resolutions. Perfect for hardcore gamers.

Using DirectX 11 Nvidia are betting that future games will use the new tessellation method of tilling graphic elements in games. But these monsters come with a monster price tag to match. The Nvidia GTX 480 with 1.5GB costs a whopping $499 and you will also need some serious PSU installed as it will requires 250 watts to run. Need more power? Well you can slot these beauties together in SLI producing a reported 90% increase in performance.

The slightly less well equipped Nvidia GTX 470 with 1.2GB will be priced at $349. Both will be available to buy in mid April.

Via DVICE

Toyota to Supply Hybrid Technology for Mazda Sedan (Update3)

March 29 (Bloomberg) -- Toyota Motor Corp., the world’s biggest carmaker, will supply its hybrid technology used in the Prius to Mazda Motor Corp., enabling the Hiroshima-based automaker to build its first hybrid sedan.

Mazda will develop and produce a hybrid vehicle in Japan and plans to start selling the model by 2013 in its home market, the companies said today in Tokyo.

The alliance lets Mazda avoid costs for developing hybrid technology on its own, while allowing Toyota to cut costs of hybrid production by increasing output of hybrid parts. The partnership follows the weakening of Mazda’s 40-year-old ties to Ford Motor Co.

“It’s a win-win relationship for both companies,” said Koji Endo, managing director at Advanced Research Japan in Tokyo. “The pact will help Toyota lower costs by selling more and saves Mazda having to develop its own hybrid system, which can cost between 50 billion yen to 100 billion yen.”

Ford has reduced its holding in Mazda to 11 percent from 33 since 2008 and said in December and said it would develop future models without the Japanese carmaker. As demand for hybrid, electric and other next-generation cars increases, smaller carmakers like Mazda may find it too expensive to develop the technology alone.

Mazda made the request for the alliance last year, said Mazda Executive Vice President Masaharu Yamaki.

Hybrid Technology

Toyota currently provides Nissan Motor Co. with hybrid- related technology, and signed a cross-licensing agreement with Ford in 2004.

Mazda has a gasoline-electric version of its Tribute sport- utility vehicle, which uses Ford’s hybrid system. It sold 173 units through the first 11 months of 2009. Mazda also developed a Premacy hydrogen-powered hybrid, which isn’t on sale. Toyota’s Prius has been best-selling car in Japan for nine straight months.

Toyota’s American depositary receipts rose 23 cents to $80.98 at 4:04 p.m. in New York Stock Exchange composite trading. Each ADR is equal to two ordinary shares, which fell fell 0.5 percent to 3,740 yen in Tokyo. Mazda dropped 0.4 percent to 246 yen. The announcement was made after markets closed in Japan.

--Editors: Ian Rowley, Kae Inoue

To contact the reporters on this story: Kiyotaka Matsuda in Tokyo at kmatsuda@bloomberg.net; Takako Iwatani in Tokyo at tiwatani@bloomberg.net

To contact the editor responsible for this story: Kae Inoue at kinoue@bloomberg.net

Monday, March 29, 2010

Incremental Advances are Lifeblood of Entire Sector

Technological advances in the extraction of natural gas from shale rock in the past decade have transformed the global market for this commodity.
The combination of hydraulic fracturing and horizontal drilling have led to forecasts that the US has up to 100 years supply at current usage rates.
Just a few years ago, there were dire predictions that supplies were so low and demand so high that the country would be the world’s biggest importer of liquefied natural gas by 2010.
Nobody saw the shale finds coming.
“The technology used to access natural gas from shales is as complex and sophisticated as that used in the Apollo Space Programme,’’ says John Pinkerton, chief executive of Range Resources, the independent oil and gas company.
He adds: “The industry is always improving the process. Every six months or so, there is some tweak that makes the wells incrementally better and cheaper. And that in turn opens new areas to production.’’
That holds true for the entire energy sector.
Advances are often incremental, leading to improvements in finding, extracting and producing that receive little attention in the wider world, but make the industry one of the most high-tech of any.
GE Oil & Gas notes that it has been pushing the boundaries of subsea drilling for more than 50 years. The current water depth drilling record of 10,011 feet was achieved with its VetcoGray and Hydril Pressure Control systems.
The industry has gone from 3D seismic technology to help find resources to now 4D seismic.
Natural gas is now cooled and liquefied so it can be compressed in tankers and shipped around the world.
In control rooms in Houston, companies can see live data from wells. And wind energy producers now use radar to judge where the wind is coming from, to better position propellers.
“The amount of engineering innovation cannot be understated,’’ says Jorge Leis, head of Bain’s North America Oil & Gas practice. “Every step of the value chain is seeing unbelievable progress.’’
That goes for energy efficiency as well, where rapid advances are being made, from more energy-efficient lightbulbs to the creation of a supergrid.
“The most meaningful advancement has been the financing available for renewables projects,’’ says Parker Weil, co-head of energy and power investment banking at Bank of America Merrill Lynch.
“In parts of Europe [Germany and Spain], there was an attractive feed-in tariff that spurred wind and solar development. In the US, the tax equity product was what enabled a majority of the wind and solar development.’’
Ali Ferling, managing director, Worldwide Oil and Gas Industries for Microsoft, believes that the key to moving these advances forward in the oil industry has been a change of mindset that allows outsiders into these once closely guarded industries.
There was a time, he says, when the “Big Oil” companies would not seek help from a Microsoft or any other high-tech company for fear proprietary information would leak out.
However, there is now acceptance that outsiders can be trusted, he says. This has enabled the industry to improve its operations across the board.
He cites Microsoft’s ability to sell BP a Hurricane Management System that combines 3-D satellite imagery and real-time weather data with a visual representation of BP staff and facilities, so that the company can better manage its response to storms.
Ben Thuriaux, principal at Arthur D Little, the consultancy, says that, over the past six years, there has been a large increase in technology investment by some of the national oil companies, such as PetroChina and Petrobras.
Publicly available data for CNPC/Petrochina, he says, suggest that research and development investment is increasing rapidly and there is a good chance that from 2009 onwards, it will lead in this regard.
The Chinese now see mastery of technology as a crucial component of their internationalisation strategy. They believe that proven technology can facilitate access to resources, he says. Their research institutes also provide a steady stream of technical staff.
As the competition for new technology broadens, advances are likely to come even more rapidly, and the industry certainly believes there will be enough of them to keep companies in the energy game for many years to come.
“The end of fossil fuels is greatly overplayed,’’ says Laurence Rosenblatt, a former ExxonMobil executive and now president and chief operating officer of MA Gales, a privately owned energy acquisition, holding, management and consolidation company.
As proof he points to the shale gas finds: “No one started looking for natural gas until about 10 years ago.’’
Now new fields are cropping up across the country and the hunt is on for them around the world.
Copyright The Financial Times Limited 2010. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web.

HP Celebrates 10th Anniversary by Opening Platform to Designers and Developers

PALO ALTO, Calif., Mar 29, 2010 (BUSINESS WIRE) -- In celebration of its 10th anniversary, Snapfish by HP announced it will open its application programming interface (API) to allow creative individuals and businesses to be part of the evolution of its leading online personal publishing service.
The initiative -- called Snapfish Publisher -- will allow designers, developers and printing partners to reach more than 85 million registered users through the worldwide Snapfish network, while delighting new and existing consumers with a broader yet more specialized portfolio of customizable options that meet a myriad of creative needs and personal preferences.
When Snapfish Publisher officially launches this summer, it will serve as a platform for individuals and companies to market and sell their creative designs, merchandise and services. This enables content contributors as well as Snapfish to capture a greater share of the more than $1 billion market for online photo ordering projected in the United States this year, of which more than 60 percent will consist of photo merchandise.(1)
"We've had an incredible 10 years building a global family that has chosen Snapfish to share, preserve and print their memories in fun, easy and imaginative ways," said Ben Nelson, general manager, Snapfish by HP. "This year, we're rewarding our customers and opening the doors to new audiences by empowering designers and developers to go beyond photos and be part of the future of Snapfish. We are propelling personal publishing to new creative heights by making Snapfish the place that is both inspired and developed by its members."
Snapfish, the No. 1 online personal publishing service, also announced:
-- The service's first licensed content relationship with iconic media brand LIFE, enabling consumers to order printable merchandise featuring images from the legendary LIFE photo archives.
-- Ten days of celebratory sales and fun activities on www.snapfish.com/birthdaybash to thank people for choosing Snapfish.
Open API to showcase, merchandise work of budding creatives
The worldwide creative photo merchandise market -- which includes photo books, calendars, greeting cards, scrapbook pages and more -- is expected to grow by a compound annual growth rate of nearly 40 percent from 2009 through 2013.(2) Snapfish Publisher presents developers and designers with a tremendous opportunity to better meet widespread consumer demand and inspire people to do more in terms of personal expression and, ultimately, drive sales and revenue.
Snapfish Publisher allows designers to tap into this market by accessing the technical specifications needed to upload and submit their creative concepts and to begin developing their own designs for sale via the Snapfish network. The open platform will roll out in phases and eventually evolve into three primary "store fronts" to meet the unique needs of designers, developers and printing partners.
-- This summer, a select group of designers will launch new templates for cards, followed by photo books. Later this year an open invitation will be extended for everyone to get creative and submit designs for an expanding range of products -- helping alleviate the frustration many experience when searching for the "perfect" card or gift.
-- Beginning this fall, developers can monetize their creativity by uploading and merchandising applications for personal publishing products that encourage customization and imagination.
-- Also this fall, printing partners will be able to submit and sell their own products through the Snapfish network of sites as printable merchandise, a category that continues to see robust growth.
"By opening its API, Snapfish has the power to differentiate itself in an increasingly competitive market by giving consumers expanded creative choices that go way beyond photos," said Alan Bullock, associate director, Internet Imaging Trends, InfoTrends. "Snapfish Publisher has the potential to be a game changer for the industry, fueling growth for Snapfish as well as artists and designers around the world."
In addition to enabling sales across its vast member base in 22 countries, Snapfish will reward content contributors with a competitive business model, cross-promotion in various marketing channels and a "crowdsource"-inspired interface that features best-selling designs most prominently.
Snapfish remains dedicated to making it as easy as possible for users to navigate the site. The company is making significant investments in improving its search and browsing capabilities, including the ability to search by various attributes such as designs, styles and colors.
Licensed content collaboration with LIFE expands growth opportunities
A new relationship with LIFE enables Snapfish to capitalize on the $30 billion market opportunity for print-based licensed merchandise(3) by making iconic photographs from the LIFE archives available to Snapfish users.
This collaboration with LIFE, a first of its kind for Snapfish, builds upon HP's /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 53.42, -0.08, -0.15%) unrivaled portfolio of popular licensed content, including brand powerhouses Sony Music, Nickelodeon and the National Basketball Association (NBA). In building a portfolio of content partners, Snapfish plans to unlock new revenue streams and explore future growth opportunities in the consumer publishing market by combining its world-class publishing technology with content from LIFE and other popular brands.
Currently Snapfish offers greeting cards, note cards and notebooks using more than 100 of the world's most renowned images from the LIFE archives. It plans to introduce more offerings that combine history's greatest collective memories with users' own in the coming months. Prices start at $1.99, and more information is available at www.snapfish.com/lifestore.
Tenth anniversary celebration features customer appreciation, rewards
Ten years and 10 billion printed images later, Snapfish has seen incredible growth by staying ahead of market trends and continually innovating to meet consumer needs -- powering the transition from film processing to digital photo printing, driving the continual shift from home delivery to retail pickup, and enabling instantaneous memory sharing across a growing number of mobile and social networking platforms.
Snapfish remains committed to delivering more choice and ease of creation for its customers no matter where inspiration happens -- at home, online, at retail or on the go.
To commemorate and celebrate its 10th anniversary, Snapfish is hosting a virtual birthday party at www.snapfish.com/birthdaybash with special anniversary discounts, promotions and giveaways to thank customers for sharing more than 10 billion of their most meaningful memories via the Snapfish network:
-- Promotions will run April 1-10 and feature some of the most popular offerings from Snapfish, including custom photo books, personalized jewelry, collage mugs and 10-cent shipping.
-- Prizes will include digital picture frames, Snapfish gift certificates, the HP Mini 311 Series, and the HP Photosmart Premium with TouchSmart Web, the world's first web-connected home printer, which features a Snapfish app for accessing and printing photo albums.
About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com/.
(1) InfoTrends, U.S. Forecast, 2010.
(2) IDC, "Worldwide Creative Photo Merchandise 2009-2013 Forecast: The Creative Print Bible," February 2009.
(3) Based on a summer 2009 Research Study by The Licensing Letter, EPM Communications.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2010 and HP's other filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.
(C) 2010 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice.
The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
SOURCE: HP Snapfish by HP
Cherie Britt, +1-209-551-1027
cherie.britt@hp.com
or
Porter Novelli for HP
Katie Neal, +1-415-975-2297
katie.neal@porternovelli.com
or
HP Media Hotline, +1-866-266-7272
pr@hp.com
www.hp.com/go/newsroom
Copyright Business Wire 2010

Sunday, March 21, 2010

You can Win Friends and Influence People

This is Dale Carnegie's summary of his book, from 1936

Fundamental Techniques in Handling People
1. Don't criticize, condemn or complain.
2. Give honest and sincere appreciation.
3. Arouse in the other person an eager want.
---------------
Six ways to make people like you

1. Become genuinely interested in other people.
2. Smile.
3. Remember that a person's name is to that person the sweetest and most important sound in any language.
4. Be a good listener. Encourage others to talk about themselves.
5. Talk in terms of the other person's interests.
6. Make the other person feel important - and do it sincerely.
---------------

Win people to your way of thinking
1. The only way to get the best of an argument is to avoid it.
2. Show respect for the other person's opinions. Never say, "You're wrong."
3. If you are wrong, admit it quickly and emphatically.
4. Begin in a friendly way.
5. Get the other person saying "yes, yes" immediately.
6. Let the other person do a great deal of the talking.
7. Let the other person feel that the idea is his or hers.
8. Try honestly to see things from the other person's point of view.
9. Be sympathetic with the other person's ideas and desires.
10. Appeal to the nobler motives.
11. Dramatize your ideas.
12. Throw down a challenge.
--------------

Be a Leader: How to Change People Without Giving Offense or Arousing Resentment
A leader's job often includes changing your people's attitudes and behavior. Some suggestions to accomplish this:
1. Begin with praise and honest appreciation.
2. Call attention to people's mistakes indirectly.
3. Talk about your own mistakes before criticizing the other person.
4. Ask questions instead of giving direct orders.
5. Let the other person save face.
6. Praise the slightest improvement and praise every improvement. Be "hearty in your approbation and lavish in your praise."
7. Give the other person a fine reputation to live up to.
8. Use encouragement. Make the fault seem easy to correct.
9. Make the other person happy about doing the thing you suggest.

Friday, March 19, 2010

IRDA hardselling unit linked products amid spat with SEBI

NEW DELHI: In the midst of its spat with SEBI over regulating ULIPs, insurance regulator IRDA today sought to hardsell unit-linked insurance
policies as an alternative to regular income or pension payouts.

"If you have not already provided for regular income/ pension during your retired life, consider Unit Linked Pension Plan," Insurance Regulatory and Development Authority said.

In a public notice issued today, IRDA highlighted various risks as also benefits associated with the ULIPs.

ULIPs -- one of the most common insurance plans sold by life insurers where the money collected from consumers is invested into equity and debt markets and returns are linked to the same -- has become a bone of contention between the two financial sector regulators, with both claiming authority to regulate these schemes.

Earlier this year, Securities and Exchange Board of India issued show-cause notices to various life insurance companies, asking why they did not seek its approval before offering the ULIP schemes, as they invest part of their corpus in capital market.

However, the insurance sector, including IRDA, objected strongly to this move, saying the SEBI Act, that requires the market regulator's approval for any investment schemes related to securities market, does not apply to insurance.

In its today's public notice, IRDA said money from consumers is invested in a fund of their choice such as equity, debt, liquid etc in a Unit Linked Pension Plan.

Once bitten by Apple, telcos warier with iPad

PARIS: European telecom operators can't afford to miss out on selling Apple's new iPad but after their experience with the iPhone, they are warier
of Apple's clout and want to protect networks and profits from the new gizmo's risks.

The iPhone's success makes the iPad a must-have for operators because it may revolutionise the tablet market, and because turning away the iPad risks future iPhone business with Apple. But much has changed since mid-2007 when Europe's carriers, eager to differentiate themselves and boost usage of the mobile Internet, jockeyed for exclusive contracts to distribute the iPhone, often agreeing to tight restraints imposed by Apple on everything from handset subsidies to advertising.

Now operators are taking a much more careful approach to try to ensure the iPad will really help them make money. They want to prevent an iPhone redux where Apple captured most of the value -- not only by selling the device but also by hawking downloadable mobile software, games, and services through its Application Store -- reducing the role of the telecom operator to that of a simple data pipe.

"The operators are disenchanted with Apple," said Virginie Lazes, analyst with investment house Bryan Garnier. "They are starting to complain that they build and invest in the network yet they don't get a piece of the jackpot of mobile services." As a result, European operators are tamping down expectations for the iPad as they begin to weigh the offers, contracts, and subsidies that they will offer with it.

For operators, the business case for the iPad is simply less attractive than for the iPhone or a smart phone because they won't earn revenues from voice calls or texting, say analysts and executives who requested anonymity because they were not authorised to speak about ongoing negotiations with Apple. Nor is the iPad likely to be a competitive advantage for operators since Europe's tougher consumer protection laws make it tough for Apple to sign exclusive distribution deals here as they have in the United States with AT&T. The iPad goes on sale in some European markets at the end of April.

One way operators can protect their profits and networks would be not to subsidise the iPad as they have the iPhone. Not only did Apple charge operators more for its iPhone than other smartphones, the California-based company also dictated how much operators had to subsidise the phone to consumers. For example, France Telecom's exclusive contract required it to subsidise 310 euros of the 3G iPhone's 400-500 euro price, according to documents released when French regulators outlawed the iPhone exclusivity. Such subsidies obviously boosted sales of the iPhone, yet weighed on the operator's profit margins.

Analysts say the iPad could be sold without a subsidy from telecom operators, in which case its sales are likely to be more modest than the iPhone and it could remain a niche product. Nils Katla, who heads Telenor's strategy in the Nordic region, said Telenor was interested in selling the iPad but was still debating how.

Google to add Maya, Nahuatl languages to search engine

MEXICO CITY: Internet giant Google is adding two native Central American languages -- Maya and Nahuatl -- to its universal search service, a company
official said Thursday.

"Searches in these two pre-Columbian languages and mobile satellite-linked connections to the Internet are part of Google's growth strategy," Google's Mexico marketing technology director Miguel de Alva said.

"The two languages are of interest to online searchers because the first (Maya) is spoken by 1.5 million people and the second (Nahuatl), by more than one million."

He noted that people speaking either of the two languages also speak Spanish.

Nahuatl is mostly spoken in southern Mexico and northern Central America, while Maya is spoken across Mexico's Yucatan Peninsula, Guatemala and Belize.

De Alva said the Google language project was well underway.

"We're looking to team up with some academic institutions that will validate the languages, because we want to make sure our customers are getting the real, correct language both in vocabulary and meaning, as well as the word's particular usage."

The Google Translate service is fast becoming part of the California-based Internet firm's popular main search engine.

As of December, searchers can use the automatic translation program to look for Web pages written in any of 51 languages. The tool displays results from as many as five languages at a time.

In France Wipro sees outsourcing potential

DUBAI: Indian IT services provider Wipro said it is keen to expand its footprint in France as the country offers huge potential for growth and has stepped up its investment in the region.

"We invested in a senior leadership team. We are seeing excellent progress and we are extremely confident of our future in France," Wipro CFO Manish Dugar said in a statement here.

Wipro believes that sales opportunities are huge in France for an IT outsourcing company, it said.

The French government has undertaken series of measures in recent years to make it easier and more profitable to do business in France. These far-reaching reforms have changed the equation for existing companies and new investors.

"It is a large under-penetrated market for offerings that take advantage of the global delivery model. But more critically, some of the world's biggest and best corporations represent France. And French companies are becoming more and more international and global," Dugar said.

Last week, French Minister for the Economy, Industry and Employment, Christine Lagarde and Michel Mercier, the Minister for Rural and Regional Development, presented the 2009 report on job-creating foreign investment in France.

"Against the backdrop of a worldwide downturn in foreign direct investment flows, the IFA and French regional development agencies recorded 639 job-creating foreign investment projects in 2009, an increase on the figure in 2007 (624), and nearly as many as in 2008 (641). The results for 2009 are the fourth-best in the last 15 years," it said.

These investments will enable 29,889 jobs to be created or maintained (versus 31,932 jobs in 2008), which is broadly in line with the annual average since 2000 (30,400).

Glenmark gets USFDA nod for anti-hypertension tablets

Lahore - Pakistan: Glenmark Pharmaceuticals today said its American subsidiary has received the final approval from the US Food and Drug Administration (FDA) for Moexipril Hydrochloride tablets used for treating hypertension.

The USFDA has granted the final approval for tablets to the company's group firm Glenmark Generics Inc, Glenmark Pharma said in a statement to the National Stock Exchange.

Tablets are generic version of Schwarz Pharma's Uniretic. "The product is currently available and will begin shipping immediately," Glenmark said.

The product is indicated for the treatment of patients suffering from hypertension. Total sales for this combination during the 12-month period ending December 2009 were USD 8 million, according to IMS Health.

The latest approval comes shortly after Glenmark got the final approval for Ropinirole Hydrochloride tablets, the generic version of GSK's Requip tablets.

Shares of Glenmark today settled the trade at Rs 241.75, down by 0.56 per cent on the NSE.

Banks slow in tapping market ahead of new fiscal

MUMBAI: Banks have been slow in raising capital ahead of the start of the new fiscal as most have already raised funds earlier this year, and the spiking of yields recently has rendered the environment for selling bonds unfavourable, say merchant bankers.
Usually, March end is the time when banks flood the market with bond issuances as they ready themselves for a likely pick-up in demand for loans from consumers and industry.

A number of banks such as Bank of India, Axis Bank, Bank of Baroda were expected to sell their bonds recently, but they have so far refrained from tapping the market. However, IDBI Bank and UCO Bank did sell their bonds in the local market in the past few days, merchant bankers said.

Banks primarily raise funds for shoring up the capital in their balance sheet, something they burn up as they lend to consumers and the industry. This is mostly done by selling bonds called Tier-II issuances in industry parlance. Tier-I capital consists of selling fresh shares (equity) and perpetual bonds, which are like quasi-equity offerings.

“Most banks have already fulfiled their capital requirements by raising funds in the December-January period,” said Ajay Manglunia, head of the corporate desk at Edelweiss Securities, a debt brokerage firm. “Hardening of rates recently has also led banks to go slow on their capital-boosting activities,” he added.

Corporate bond yields have been rising, tracking spiking government bond yields. The yield on the Reuters benchmark five-year corporate bond ended at 8.55% on Monday, it has risen over 50 points since January.

“The outlook on credit demand remains dismal, especially since April to October is traditionally a period where companies do not take long-duration loans,” said Ashish Nigam, head of fixed income at Religare Asset Management. “If base rates come into effect, then demand for loans is going to take a further hit because lending rates would go up,” he added.

RBI has prescribed a minimum overall minimum capital adequacy of 9% for commercial banks with up to 50% of it in the form of Tier-II, comprising subordinated bonds and free reserves. Most banks are already capitalised well beyond this limit, bankers point out.

This allows them to defer any fund-raising activity than is aimed at boosting capital. The activity in the corporate debt market itself has been low, in line with government bonds, with traders waiting for cues from the government’s borrowing schedule for FY11.

The central bank will release a tentative borrowing calendar for the April-September period at the end of the month.

India will have world's most educated people by 2030: Sibal

NEW DELHI: Human Resource Development (HRD) Minister Kapil Sibal has said that India will have the most educated people by 2030, thereby stressing on the use of technology to spread education to dispossessed areas of the country.

Sibal said the government is giving weightage to the use of Information Communication and Technology (ICT) to increase access to education among people residing in rural and geographically disadvantageous places.

Technology is going to play a major role in the education sector in the 21st century, said Sibal, adding that the government has put in place an ICT mission.

He asked the states, civil society, parents and non-governmental organizations (NGOs) to move in the right direction.

Sibal also came up with the idea of providing mobile phones to the teachers to check the problem of their absenteeism, saying the mobile phones will specify the exact place where the teacher is positioned at any given point of time.

Thursday, March 18, 2010

Today's Technology Can Support Water Reuse Practices, but Policy Incentives Still Needed for Long-Term Success

World Water Day Calling Attention to the Global Issue of Clean Water Scarcity

TREVOSE, Pa., Mar 17, 2010 (BUSINESS WIRE) -- According to the United Nations Development Program, more than 1 billion people, or about one in six worldwide, do not have safe drinking water and more than 2 billion lack access to adequate sanitation. If current water usage trends continue, by the year 2025 two-thirds of the world's population won't have enough clean water.

With World Water Day (March 22) fast approaching, now is the time for a global effort to support the widespread adoption of water reuse practices, which can be a key step toward quickly and effectively reversing the global threat of clean water scarcity.

Heiner Markhoff, president and CEO--Water & Process Technologies, GE Power & Water, urged the adoption of fiscal and policy incentives to drive greater water reuse. "With supportive frameworks in place, we can make great progress in creating a global society that adheres to and promotes water reuse," he said.

The water treatment and reuse technology exists today to help address this global challenge. Unfortunately, the motivation to employ these technology solutions often doesn't. In the United States, for example, it is often less expensive to withdraw water from a river or a well than to treat it and reuse it.

"Industry leaders, educators and policymakers worldwide need to work together, proactively tackling the policies, technology developments and fiscal issues needed to ensure an adequate supply of clean water for the future," Markhoff said.

GE Power & Water provides proven technologies and solutions for water treatment and reuse and continues to invest heavily to enhance current products and to develop new, even more advanced technologies. The company offers a diverse selection of technologies for the global water treatment industry ranging from desalination to cooling water solutions, mobile water to petrochemical solutions and water recovery to boiler water solutions.

GE continues to enhance its capabilities to help customers meet the world's water challenges. Two recent examples: GE is creating a center of excellence (COE) in Minnetonka, Minn., for manufacturing reverse osmosis and nanofiltration membranes; and a COE in Oroszlany, Hungary, for manufacturing ZeeWeed* ultrafiltration membranes. ZeeWeed technology is the cornerstone of GE's filtration product line and has been installed in more than 500 drinking water and wastewater facilities worldwide. A GE COE brings together the company's most advanced capabilities and expertise to focus on a key technology sector.

Further expanding its global presence and capabilities, GE has established a world-scale Global R&D Center in Singapore and recently opened the GE Saudi Water & Process Technologies Center in Dammam, Saudi Arabia.

GE has many examples of providing technology for successful water treatment and reuse projects around the globe, ranging from small commercial building installations to the largest reuse plant in the world, in Kuwait. Some recent examples include:

-- A new water treatment system, the first to be used in a North American coal mine, is being implemented by CONSOL Energy Inc. in one of the nation's largest coal mines. The Buchanan No. 1 coal mine in Oakwood, Va., will receive GE's advanced filtration membranes and thermal water treatment technology to treat the mine water, enabling about 99 percent of the water to be reused in part at the company's preparation plant facility.

-- OMNOVA Solutions' Performance Chemicals and GE have implemented a sustainable water solution in a greater Green Bay (Village of Howard), Wis., facility to save 3.6 million gallons of water per year, lessening the stress on fresh water sources and reducing environmental impact.

-- Cogentrix Energy, LLC's 120-megawatt power plant in Battleboro, N.C., has implemented a GE technology solution to conserve an estimated 3 million gallons of water annually, or the equivalent to approximately 22 percent of its current water usage. This greatly reduced its dependence on municipal freshwater sources impacted by a historic drought that ended earlier this year.

-- GE technology has helped SVA-FujiFilm Opto-Electronics Materials Co. Ltd. of China reduce tap water consumption, waste water discharge and operational costs. A customized water treatment system at the company's Shanghai site has been operating since September 2008 and has achieved both high water quality and raw water saving--up to 15%-25% less water consumption compared to conventional solutions.

-- Using GE technology, the city of Tempe, Ariz., has expanded its water reclamation program, resulting in the reuse of an additional 2.5 billion gallons of water a year for commercial and industrial applications. Tempe's Kyrene Water Reclamation Facility was recently upgraded with GE's ZeeWeed membrane bioreactor technology to improve water reuse.

-- Multiple GE technologies are featured at the Sulaibiya wastewater treatment plant in Kuwait. The world's largest membrane-based wastewater filtration plant, Sulaibiya purifies more than 1 million gallons of wastewater per day for agricultural and industrial uses.

* Trademark of General Electric Company; may be registered in one or more countries.

About GE

GE /quotes/comstock/13*!ge/quotes/nls/ge (GE 18.04, -0.03, -0.17%) is a diversified global infrastructure, finance and media company that's built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With 60,000 global employees and 2009 revenues of $37 billion, GE Energy www.ge.com/energy is one of the world's leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy--GE Power & Water, GE Energy Services and GE Oil & Gas--work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.

For more information, visit the company's Web site at www.ge.com. GE is imagination at work.

SOURCE: GE


GE Energy
Kimberly Ramalho, 215-942-3409
kimberly.ramalho@ge.com
or
Masto Public Relations
Howard Masto or Beth Coffman
518-786-6488
howard.masto@ge.com
beth.coffman@mastopr.com




Copyright Business Wire 2010

T.I. Accused Of Illegally Using AKOO Name For Clothing Line

(AllHipHop News) Rapper T.I. could end up in court again to defend himself against trademark allegations levied against his Akoo Clothing line.

Akoo International bills itself as the world’s largest social music television network. The company filed a complaint against T.I. and Akoo in the United States District Court for the Northern District of Illinois, claiming trademark infringement.

According to the lawsuit, Akoo International has held the trademark for “Akoo” for years.

The federally registered trademark is sued by Akoo International, which delivers video programming to over 86 million monthly customers, via the Internet, shopping malls and universities in over 30 states.

Akoo International’s technology allows viewers to interact with programming on large screen, networked HDTV’s, using their mobile phones.

"Akoo has been recognized as a leading social TV platform for connecting brand advertisers with millions of our engaged viewers," said Akoo CEO Niko Drakoulis. "Our primary obligation and goal is to prevent confusion among our consumers, which is among the most basic objectives of trademark law. At the same time, Akoo has invested nearly a decade of effort and substantial capital to deploy its network and will do everything in its power to protect its brand."

Akoo International claims T.I.’s use of the name Akoo has mislead, deceived and confused consumers and potential clients.

The company also took action to defend their Akoo trademark when T.I.’s clothing line ran a controversial billboard advertisement in Newark, NJ, which was condemned by residents, as well as Mayor Cory Booker.

USDA International Technology Services Awards Emtec Federal a Contract with Ceiling Value of $82.5 Million

Five-Year Blanket Purchase Agreement Provides Procurement and Ancillary Services to Support USDA Employees

MARLTON, N.J., Mar 02, 2010 (BUSINESS WIRE) -- Emtec Federal /quotes/comstock/11k!etec (ETEC 1.42, -0.04, -2.74%) , a systems integrator, today announced that the United States Department of Agriculture (USDA) International Technology Services (ITS) organization has awarded the company a five-year Blanket Purchase Agreement (BPA) with a not-to-exceed value of $82.5 million. ITS is the in-house provider of Information Technology (IT), service and support for more than 40,000 USDA Service Center Agency (SCA) employees and their networked computers, IT equipment and the shared infrastructure that their agency networks and applications run on.

Under this contract, Emtec Federal will provide procurement and other ancillary services to support the USDA's migration to a paperless business environment and to establish and maintain a consistent, common and compatible technical infrastructure across the SCA's 3,500 Field Service Centers (FSC). This infrastructure will support the FSC's current and future physical and organizational structure as well as current and future projected business needs. This will allow the SCA to create a team approach for program delivery in which the agencies share common resources, thus maximizing customer service and administrative efficiency.

In addition to these IT solutions for ongoing operations, Emtec Federal will provide the same type of procurement services to aid in quick recovery in natural disaster situations, to fulfill special purpose needs in homeland security and ever-changing field service job requirements. The agencies within the SCA comprise the front-line offices within USDA that directly work with its customers -- the Nation's farmers, ranchers and landowners -- in land and water conservation initiatives and farm assistance programs, to include such activities as defined in legislative farm bills.

"Our team is ready to provide USDA employees with the latest technology solutions to ensure that they can get their jobs done effectively and efficiently while simultaneously meeting legislative requirements and Presidential initiatives," said Jeff Posey, VP of Sales, Emtec Federal. "We look forward to providing the USDA and its organizations with state of the art solutions as legacy systems age and newer technologies become available."

About Emtec Federal

Emtec Federal is a subsidiary of Emtec, Inc., established in 1964, and is a systems integrator providing IT services and products to the federal market. Emtec helps clients identify and prioritize areas for improvement and then implement process, technology and business application improvements that reduce cost, improve service and align the delivery of IT with the needs of their organization. Emtec's market leading value based management methods, coupled with best-in-class IT technology, consulting and development services, allow us to address a wide range of specific client needs, as well as support broader IT transformation initiatives. Emtec's service capabilities span the USA, Canada and countries around the globe. For more information visit: http://www.emtecinc.com/.

SOURCE: Emtec Federal


Emtec Federal
David Singer, 973-232-7880
DavidSinger@emtecinc.com
or
Welz & Weisel Communications
Nicole Nolte, 703-218-3555
Nicole@w2comm.com


Copyright Business Wire 2010.

GMS teacher wins national honor In making learning relevant

If you're fearing that America's children are sliding on an out-of-control toboggan toward an abyss of ignorant bliss, where they will spend eternity texting one another and playing mindless computer games, your fears are unwarranted at Granville Middle School.

Technology is being used to lure these GMS students toward a bright future of discovery and invention. That's where Dan Sansuchat comes in.

This technology education teacher is changing the face of education and lighting up the faces of children who enter his classroom. For his efforts, he will be presented with the "Teacher Excellence Award" at the International Technology Education Association annual conference this week in North Carolina.

Nominated for the honor by the Ohio Technology Education Association, he also was recognized by that group on April 10 at Worthington High School, his alma mater.

Sansuchat's students appreciate his hands-on approach to learning.

"This class is really fun," eighth-grader Ben McComas said.

"It's like all the classes combined," added his work partner Dain Steffney. "We use science and math."

About 20 Design and Build students ranged the room in different stages of their project to build a sitting machine for an upcoming competition. Their excitement and focus gave the lie to anyone who says students are distracted by working together. But then, the task was formidable.

The eighth-graders were required to consider five forces when constructing their machine: Compression, tension, bending, shear and torsion. Using no more than 20 square feet of 1/8-inch thickness of recycled single wall corrugated board, and only wood glue, they had to create a design on the computer, develop a prototype, test the prototype and redesign before constructing their machine, which had to be strong enough to hold 180 pounds.

Sam Gress and Gage Farley worked on a prototype of interconnected triangles that did not yet look exactly like their computer design.

"Triangles are one of the strongest shapes," Gress said. "They're used in bridges and braces, like the ones on the ceiling." He pointed above him to the open-steel beams.

Sansuchat said he is gratified to see so many girls in his classes. And they are not all "techies."

Katherine Hunter, who opened her novel as soon as class finished, said she wants to be an author. But she would take another class like this one.

"Mr. Sansuchat helps and encourages us. He explains things before we do them and lets us use our own ideas," she said. "I was definitely surprised to like this class so much."

Sansuchat displayed some of the projects from another of his classes: Digital Multimedia, in which students use programs like Adobe Photoshop, Adobe Flash, sound editing programs and Adobe Premier to create multimedia presentations. They also are learning to communicate with each other in a professional, non-texting way that allows them to give peer critiques of each other's work. Using the computer application Moodle, students can give constructive advice on design.

"Whoa! How did you get all those designs in the background? The symbol behind the A and P may be a little bit much," one entry said.

In this class, students design their own apartments on the computer, creating their own 3-D furniture from specifications they research online.

"They are using calculus-level math to do this, but they don't know it and they don't need to," Sansuchat said.

If the projects are difficult, students always have their partners for support. "It's 100 percent collaborative," Sansuchat said.

These classes are all about synthesis and evaluation, according to the teacher.

"We use divergent projects to find the solutions to problems, working through the design process to see spatial reasoning and then do virtual modeling," he said. "What can we do to make something faster, more efficient, save time, save money? The pencil and paper are technology. It's not all just computers."

Sansuchat's award for teaching is especially meaningful in light of his own educational background. He said he was a capable but reluctant student who didn't see the practical application of much of traditional education.

"I wanted to be part of something bigger than myself. My middle school tech teacher said I would either be the next Unibomber or win the Nobel Peace Prize."

After high school, unsure of what he wanted, Sansuchat did electronic and mechanical troubleshooting, diagnostics and repair of engine management systems and EFI Controls, all of which utilized his proficiency in computer and electronic skills. He also did Bio and Alternative Fuel Tuning, reflecting his current interest in everything "green," which he imparts to his students daily.

After graduating cum laude with a Bachelor of Science in technology education from Ohio State University, Sansuchat came in 2008 to GMS where he teaches Multimedia and Tech: Design and Build, as well as acting as a computer tech and go-to person for the middle school staff.

Texas Cities, Schools, State Parks Win $32 Million in Funding for Solar Projects

The Texas Comptroller of Public Accounts has announced that 32 solar photovoltaic projects across the state have been awarded $32 million in grants through the American Recovery and Reinvestment Act.

The grants range from $95,000 for a 26-kilowatt array at Sunset Valley City Hall near Austin to $2 million for a 400-kilowatt installation at St. Philips College's Southwest Campus in San Antonio. Grant recipients also contribute varying amounts of funding.

The comptroller's office said in a news release that the solar installations will reduce utility costs and save tax dollars. They will increase the amount of installed renewable energy in Texas, which is the nation's leading producer of wind-generated electricity, reducing the overall demand on power plants and cutting emissions.

"Some projects offer even more benefits," said Susan Combs, the state comptroller. "For example, Texas State Technical College campuses in Waco and Harlingen will install solar panels that will not only provide electricity but also serve as hands-on training labs. TSTC plans to have students in solar energy technology programs perform efficiency and maintenance work or other training with the panels. This will enhance the value of their technical career skills."

More applications for renewable-energy projects are now under review in Texas. The first round of grants is for solar projects. Later funding allotments will include grants for other renewable-energy technologies.

•St. Philip's College, San Antonio, $2 million award, $2 million match. St. Philip's College will install a 400-kw grid-tied solar photovoltaic system on the roof of Building 1 at its Southwest Campus in San Antonio. Excess generation capacity will be sold to CPS Energy through net metering.

•Carroll Independent School District, Grapevine, $2 million award, $1 million match. The district will install a 372.6-kw roof-mounted photovoltaic array as well as a 194.4-kw carport photovoltaic array on the new Carroll ISD Middle School.

•University of Texas Southwestern Medical Center, Dallas. $2 million award, $400,000 match. A 245-kw solar photovoltaic carport will be installed on the campus in Dallas at the thermal plant.

•City of Bedford Public Library, $1,998,800 award, $2,215,335 match. The city will install a 244-kw grid-connected high performance solar energy system on the flat roof of the new City of Bedford Library.

•The University of Texas at Arlington, $1,832,000 award, $368,000 match. The university will install a 500-kw grid-tied photovoltaic system atop the parking structures of a newly constructed project adjacent to the Special Events Center.

•Colleyville Independent School District, Grapevine, $1,727,226 award, $431,806 match. The district will install a 264-kw solar photovoltaic system on a parking canopy at the Grapevine High School campus.

•County of Cameron, Harlingen, San Benito, Brownsville, $1,713,326.20 award, $428,331.60 match. The county will install four solar photovoltaic systems totaling 221.76 kw at four county facilities. The systems will be roof-mounted and grid tied. The four locations are the Judicial/Administration Building, the Harlingen Annex, the Oscar C. Dancy Building and the San Benito Annex.

•Austin Community College, Austin, $1,594,369.75 award, $398,592.44 match. The college will install two grid-tied solar PV systems on its Northridge and Eastview campuses.

•Texas Southmost College, Harlingen, $1,526,474.88 award, $344,600 match. The college will install a 206-kw hybrid system composed of photovoltaic panels and a wind turbine to generate renewable energy at the International Technology Education and Commerce Center in Brownsville. The PV part accounts for 106 kw of installed capacity and the wind turbine is rated at 100 kw. A hybrid system was chosen because of the complementary production of solar- and wind-based energy in the daytime and at night.

•Texas Parks and Wildlife Department, Region II, $1,320,326 award, $330,082 match. The department will install solar photovoltaic systems providing a total of 100 kw at six sites: Government Canyon, Bryan, McKinney Falls, Sheldon Observatory Tower, State Park Region 4 headquarters, Galveston Isle.

•Texas Parks and Wildlife Department, Region I, $1,301,501 award, $325,3751 match. The department will install solar PV systems at seven sites: Lake Tawakoni, Ray Roberts Lake, Cooper Lake, Jasper, Cedar Hill, Lake Arrowhead, San Angelo.

•City of Irving, Irving Public Library, $1,158,316 award, $231,663 match. The library will install a 144-kw non-penetrating roof-mounted solar photovoltaic system.

•City of Duncanville, $1,121,208 award, $280,302.20 match. The city will install three solar PV systems totaling 147.84 kw at three city facilities: the city hall and police station, the recreational center and library, and the senior center.

•University of Texas, San Antonio, $1,080,000 award, $317,837 match. The university will install solar PV systems at the University Center Building III and the Support Services Building on campus.

•Texas State Technical College, Waco, $978,226 award, $246,363 match. The college will install a 219.4-kw grid-tied solar array on the campus' Electronics Center and its adjacent parking lot. The project will provide training opportunities for students.

•City of Grand Prairie, $872,809 award, $218,202.40 match. The city will install grid-tied, roof-mounted solar PV systems at three facilities: the Charles England Building, the City Development Center and the Teri Jackson Tourist Information Center.

•Hopkins County, Sulphur Springs, $827,883 award, $354,079 match. Hopkins County will install a 187-kw grid-tied solar photovoltaic system on the county's Regional Civic Center.

•Texas Parks and Wildlife Department, Austin Headquarters, $821,386 award, $165,600 match. The department will install a 92-kw solar photovoltaic system at the main agency headquarters building in Austin.

•Adjutant General's Department of Texas Military Forces at Camp Mabry, Austin, $799,939 award, $199,984.88 match. The Adjutant General's Department will install a 149-kw grid-tied solar photovoltaic system on a carport adjacent to camp headquarters.

•University of Texas Health Science Center, San Antonio, $794,121 award, $198,530 match. The health center will install a 156-kw grid-tied solar PV system on the roof of the South Texas Research Facility and a carport at an adjacent parking lot.

•Hutto Independent School District, $617,927 award, $367,822 match. The district will install a 200-kw solar PV System on Elementary School No. 6.

•Shallowater Independent School District, $476,800 award, $140,000 match. The district will install a 78-kw solar photovoltaic system on the Shallowater Intermediate School, coupled with five wind turbines already installed.

•Texas Parks and Wildlife Department, Region III, $455,203 award, $113,801 match. The department will install 40 kw of solar PV generation systems at three sites: State Park Region 1 Headquarters, Choke Canyon, Mustang Isle.

•City of San Antonio, $433,000 award, $120,000 match. The city will install 48 kw of grid-tied solar photovoltaic generation capacity at the Mission Verde Center.

•Texas State Technical College, Harlingen, $431,000 award, $230,000 match. The college will install a 100-kw solar photovoltaic system on the Health Sciences Technology Building.

•City of Alpine, $419,600 award, $104,900 match. The city will install a 50-kw solar photovoltaic at the wastewater treatment plant.

•City of Horseshoe Bay, $311,396.83 award, $62,279.37 match. The city will install a 41.1-kw roof-mounted solar photovoltaic system at the Slickrock Lift Station.

•University of North Texas, Dallas, $260,500 award, $276,136 match. The university will install a 102-kw solar photovoltaic system at its newly constructed Academic Building 2.

•Munday Independent School District, $249,117.46 award, $62,279.37 match. The district will install a 41.1-kw roof-mounted photovoltaic system on Building 610 of the campus.

•City of Henrietta, $159,160 award, $39,790 match. The city will install a 10-kw grid-tied, roof-mounted solar photovoltaic system at city hall.

•Fort Worth Independent School District, $143,074 award, $91,768 match. The district will install a 101-kw grid-tied, roof-mounted solar photovoltaic system on the Wilkerson Greines Activity Center roof.

•City of Sunset Valley, $95,000 award, $46,000 match. The city will install a 26-kw grid-tied photovoltaic system at Sunset Valley City Hall.
(Article Post Courtesy by Sunpluggers.com)

SurModics Licenses Ophthalmology Technology to ForSight Labs

EDEN PRAIRIE, Minn., Mar 17, 2010 (BUSINESS WIRE) -- SurModics, Inc. /quotes/comstock/15*!srdx (SRDX 22.28, +0.21, +0.95%) , a leading provider of drug delivery and surface modification technologies to the healthcare industry, announced today that it has entered into an agreement with ForSight Labs, LLC to license certain non-core ophthalmology technology. The technology licensed in this agreement does not include the Company's I-vation(TM) drug delivery technology. While the license agreement contains an up-front license fee, milestone payments and royalties, specific terms of the agreement were not disclosed.

"We are pleased to announce this agreement with ForSight," said Bruce Barclay, president and CEO of SurModics. "As part of our continual review of our technology portfolio, we identified these technology assets as being outside our strategic areas of focus. We are delighted to have reached an agreement with ForSight Labs, so that this technology can be further developed and potentially commercialized, for the ultimate benefit of patients and our shareholders."

About SurModics, Inc.

SurModics' vision is to extend and improve the lives of patients through technology innovation. The Company partners with the world's foremost medical device, pharmaceutical and life science companies to develop and commercialize innovative products that result in improved diagnosis and treatment for patients. Core offerings include: drug delivery technologies (coatings, microparticles, nanoparticles, and implants); surface modification coating technologies that impart lubricity, prohealing, and biocompatibility capabilities; and components for in vitro diagnostic test kits and specialized surfaces for cell culture and microarrays. SurModics is headquartered in Eden Prairie, Minnesota and its SurModics Pharmaceuticals subsidiary is located in Birmingham, Alabama. For more information about the Company, visit http://www.surmodics.com/. The content of SurModics' website is not part of this release or part of any filings the Company makes with the SEC.

About Forsight Labs, LLC

ForSight Labs, LLC is a community of ophthalmic innovation focused on improving the sight, care, and quality of life of visually impaired patients by creating high-impact eye care companies. ForSight Labs was established in 2005 by renowned ophthalmologist and retinal surgeon Eugene de Juan, Jr., M.D. in collaboration with The Foundry. ForSight Labs is backed by investors Morgenthaler Ventures, Split Rock Partners, and Versant Ventures.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements. Statements that are not historical or current facts, including statements about beliefs and expectations, such as the potential benefit to be derived from the license agreement with ForSight Labs, LLC, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and important factors could cause actual results to differ materially from those anticipated, including those identified under "Risk Factors" in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 30, 2009, and updated in our subsequent reports filed with the SEC. These reports are available in the Investors section of our website at www.surmodics.com and at the SEC website at http://www.sec.gov/. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them in light of new information or future events.

SOURCE: SurModics, Inc.


SurModics, Inc.
Phil Ankeny, 952-829-2700
Senior Vice President and Chief Financial Officer

A narrower 4th-quarter loss of Raser Technologies

NEW YORK

Raser Technologies Inc. on Wednesday posted a narrower fourth-quarter loss after a geothermal plant came online.

The Provo, Utah, energy technology company's quarterly loss was $5.8 million, or 7 cents per share. That compares with a loss of $23.8 million, or 39 cents per share, in the year-ago period. The number of shares outstanding in the recent quarter was 79.3 million, compared with 63.6 million in the 2008 quarter.

Revenue rose to $942,000 from $5,900.

During the second quarter of 2009, the company began selling electricity from its Thermo No. 1 plant to the city of Anaheim, Calif.

For the full year, the company lost $20.2 million, or 28 cents per share, versus a loss of $45.5 million, or 79 cents per share, a year before.

Revenue leapt to $2.2 million from $172,303 in 2008.

Shares of Raser added a penny to close at $1.02.

Hercules Technology Growth Capital Announces the Successful Acquisition of Spa Chakra, Inc.

PALO ALTO, Calif., Mar 17, 2010 (BUSINESS WIRE) -- Hercules Technology Growth Capital, Inc. /quotes/comstock/15*!htgc/quotes/nls/htgc (HTGC 10.37, +0.10, +0.97%) , the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that Hercules' newly formed entity, Spa Chakra Acquisition Corp., has successfully acquired, through a reorganization, all of the assets of Spa Chakra, Inc. and all of its international subsidiaries and operations. Spa Chakra(TM) is a global premium luxury provider of comprehensive health and wellness care that integrates conventional and holistic methods of care and treatment.

Under the new organization, Spa Chakra Acquisition Corp., Spa Chakra will continue to operate and maintain all normal business operations, both domestically and internationally. Spa Chakra's clients will continue to experience the five-star luxury offering of service they expect and have enjoyed in the past.

"We have worked very hard over the course of the last few months to ensure the long term success of Spa Chakra and its international operations. The successful acquisition of the Spa Chakra business is a testament to our support and belief in the company's growth potential, and we turn our attention to rebuilding and growing Spa Chakra to be a global premium provider of comprehensive health and wellness centers," said Manuel A. Henriquez, co-founder, chairman and chief executive officer of Hercules.

"While we recognize that Spa Chakra has had several near-term challenges, we nonetheless remain steadfast in our commitment to restore the company to its rightful leadership position as one of the leading premium luxury spa and wellness providers worldwide. Hercules remains supportive and committed to the company's vision, and we look to expand the spa network, working with our distinguished hotel and luxury brand partners, which have both been very supportive throughout this process. Hercules recognizes the investment potential within the company and plans to work side by side with Spa Chakra's management team to execute on its growth strategy as it completes its reorganization and ensures that its clients continue to receive the premium service they have come to appreciate and enjoy from Spa Chakra and Spa Chakra Guerlain's unique offering," concluded Henriquez.

Hercules plans to grow the company and expand the management team over the coming weeks and months as it looks to expand Spa Chakra. As part of the acquisition, Hercules will hold the majority of the Board of Director seats in the company and will be working diligently with management to ensure Spa Chakra maintains the company's high level of quality and customer service as well as minimizing any disruptions to the business as the transition is completed during the coming weeks. Spa Chakra, Inc. and its domestic subsidiaries filed voluntary petitions for protection under Chapter 11 on December 11, 2009. At that time, Hercules provided financing to such entities which were used to fund normal business operations during the sale process. Hercules' initial investment in Spa Chakra, Inc. and its subsidiaries occurred in June 2008.

About Spa Chakra, Inc.:

Initially founded in 1998 in Australia, Spa Chakra has continued to expand both domestically and overseas, and is currently recognized as one of the top spa operators in the world. Spa Chakra provides its clients with comprehensive health and wellness care in an environment that integrates conventional and holistic methods with a definitive sensorial experience. For more information visit www.spachakra.com.

About Hercules Technology Growth Capital, Inc.:

Hercules Technology Growth Capital, Inc. is a NASDAQ traded specialty finance company providing debt and equity growth capital to technology and life science companies at all stages of development. Founded in December 2003, the company primarily finances privately held companies backed by leading venture capital and private equity firms. Hercules invests in a broad range of ventures active in technology and life science industries and offers a full suite of growth capital products at all levels of the capital structure. The company is headquartered in Palo Alto, Calif. and has additional offices in the Boston, Boulder and Chicago areas. Providing capital to publicly-traded or privately-held companies backed by leading venture capital and private equity firms involves a high degree of credit risk and may result in potential losses of capital. For more information, please visit www.htgc.com.

Companies interested in learning more about financing opportunities should contact info@htgc.com, or call 650.289.3060.

Forward-Looking Statements:

The statements contained in this release that are not purely historical are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market turbulence, and other factors we identify from time to time in our filings with the Securities and Exchange Commission. Although we believe that the assumptions on which these forward-looking statements are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Hercules assumes no obligation to update the forward-looking statements for subsequent events.

SOURCE: Hercules Technology Growth Capital, Inc.


Hercules Technology Growth Capital, Inc.
Main, 650-289-3060 HT-HN
info@htgc.com
Sally Borg, 650-289-3066
sborg@htgc.com




Copyright Business Wire 2010

More Than 100 Cars Remotely Disables by Hackers

More than 100 car drivers in Austin, Texas found their cars disabled or the horns honking out of control, after an intruder ran amok in a web-based vehicle-immobilization system normally used to get the attention of consumers delinquent in their auto payments.

Police with Austin’s High Tech Crime Unit on Wednesday arrested 20-year-old Omar Ramos-Lopez, a former Texas Auto Center employee who was laid off last month, and allegedly sought revenge by bricking the cars sold from the dealership’s four Austin-area lots.

“We initially dismissed it as mechanical failure,” says Texas Auto Center manager Martin Garcia. “We started having a rash of up to a hundred customers at one time complaining. Some customers complained of the horns going off in the middle of the night. The only option they had was to remove the battery.”

The dealership used a system called Webtech Plus as an alternative to repossessing vehicles that haven’t been paid for. Operated by Cleveland-based Pay Technologies, the system lets car dealers install a small black box under vehicle dashboards that responds to commands issued through a central website, and relayed over a wireless pager network. The dealer can disable a car’s ignition system, or trigger the horn to begin honking, as a reminder that a payment is due. The system will not stop a running vehicle.

Texas Auto Center began fielding complaints from baffled customers the last week in February, many of whom wound up missing work, calling tow trucks or disconnecting their batteries to stop the honking. The troubles stopped five days later, when Texas Auto Center reset the Webtech Plus passwords for all its employee accounts, says Garcia. Then police obtained access logs from Pay Technologies, and traced the saboteur’s IP address to Ramos-Lopez’s AT&T internet service, according to a police affidavit filed in the case.

Ramos-Lopez’s account had been closed when he was terminated from Texas Auto Center in a workforce reduction last month, but he allegedly got in through another employee’s account, Garcia says. At first, the intruder targeted vehicles by searching on the names of specific customers. Then he discovered he could pull up a database of all 1,100 Auto Center customers whose cars were equipped with the device. He started going down the list in alphabetical order, vandalizing the records, disabling the cars and setting off the horns.

“Omar was pretty good with computers,” says Garcia.

The incident is the first time an intruder has abused the no-start system, according to Jim Krueger, co-owner of Pay Technologies. “It was a fairly straightforward situation,” says Krueger. “He had retained a password, and what happened was he went in and created a little bit of havoc.”

Krueger disputes that the horns were honking in the middle of the night; he says the horn honking can only be activated between 9 a.m. and 9 p.m.

First rolled out about 10 years ago, remote immobilization systems are a controversial answer to delinquent car payments, with critics voicing concerns that debtors could suffer needless humiliation, or find themselves stranded during an emergency. Proponents say the systems let financers extend credit to consumers who might otherwise be ineligible for an auto loan.

Austin police filed computer intrusion charges against Ramos-Lopez on Tuesday.

(Image courtesy drbrain)

(Updated 15:35 to report Ramos-Lopez’s arrest)

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