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August 31, 2000 The San Diego Regional Technology Alliance says that the state is awarding $1.4 million in seed capital to San Diego firms as part of the California Technology Investment Partnership program. The award is the largest amount awarded in San Diego since the program’s inception.The program is designed to provide funds for California companies to commercialize innovative technology. CalTIP provides up to $250,000 in state funds to companies to match federal technology awards. The RTA manages this program on behalf of the state, assisting in the selection process and overseeing the winners. “San Diego clearly demonstrated its technology strength in this highly competitive program,” says Cliff Numark, the RTA’s president and CEO. “This funding will help bring new technologies to the market.” The nine firms competed against 100 other firms from around the state. The winners are as follows: Advanced Brain Monitoring, awarded $175,000, is developing a product that can detect drowsiness in pilots, truck drivers and others — which costs an estimated $77 billion each year in accidents and reduced productivity. Advance Tissue Sciences, awarded $165,000, is a leading tissue engineering company developing artificial tissue to be used in heart transplants and surgery. Aguila Technologies, awarded $175,000, is developing a patented technology for fabrication and assembly of low-cost flip chip and ball grid array devices; their technology will significantly reduce size and power requirements of computing devices. Gene Therapy Systems, awarded $150,000, has invented and patented a revolutionary platform technology, which incorporates a safe, non-viral gene delivery approach for the treatment of inherited and acquired diseases, with applications ranging from cancer to malaria to AIDs. The technology has been shown to be safe, convenient to administer, easy to manufacture and cost effective. Glysens, awarded $175,000, is developing a new system for diabetics, enabling them to detect their glucose levels without “pricking” themselves. The system will automatically measure glucose through an implanted enzyme-electrode sensor and transmit the reading to an external display. Hi-Z Technology, awarded $70,000, is developing thermoelectric devices for the conversion of waste heat to electricity, increasing energy efficiency by four times and lowering costs by 10 times in applications as varied as cars, heaters, stoves, and portable appliances. LightPointe Communications, awarded $165,000, solves the last mile challenge of broadband communications with optical laser systems, with a microwave backup, that can deliver information at speeds up to 2.5 gigabits per second — nearly a 20-fold increase over existing technologies. Quantum Magnetics, awarded $150,000, is developing a new strain sensor with a unique market niche for non-destructive evaluation of composites. The sensor has applications in construction, aerospace, automobile, and in the sporting goods industries. SABIA, awarded $175,000, develops, manufactures, and services nuclear instruments that are used for industrial measurements and material analysis — a process that is present in many manufacturing endeavors ranging from steel to production of concrete. SABIA is developing a new generation of nuclear analyzer that has been recently enabled by technology developed for wireless communications. ***
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