Marathon Targets has signed a new contract with a NATO member country. The deal, which took place in November 2011, follows Marathon’s success with the United States Marine Corps (USMC), who placed their second order recently, this time for Marathon’s new breed of (four-wheel) smart targets. The order follows a test run of Marathon’s second generation two-wheel smart targets.

Originally catering to a niche market in the armed forces, Marathon Targets is expanding its business globally.

“We initially created smart targets for elite Australian snipers but they can also be used for regular troops, and to train skills such as escalation of force decision-making and judgment training in addition to moving marksmanship,” said Dr. Alex Brooks, Director of Marathon Targets.

“Military and law enforcement agencies globally are seeking new tools to make live fire training as realistic as possible,” said COO and co-founder Dr. Tobias Kaupp.

Empirical evidence coupled with a study conducted by US-based DARPA (Defense Advanced Research Projects Agency) on the causes of combat casualties, found that the first three months are the most dangerous for new troops, likely due to lack of experience.

Marathon’s smart targets are the most realistic in the market, equipping snipers, marksmen and highly trained soldiers with experience that can be crucial to their survival and the overall success of the mission.

Dr. Brooks is confident in its ability to address the critical shortage of realistic moving targets in many defense training programs.

“We definitely see further potential to increase sales worldwide,” said Dr. Brooks.

Phone: +61 2 8090 7202

www.marathon-targets.com

Marathon Targets is a former client of ATP Innovations, Australia’s leading business incubator.

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A fresh analysis of the world’s energy management software vendors has named CarbonSystems a Green Quadrant leader as big business struggles to manage spiralling energy costs and risks to energy security.

Independent analyst firm Verdantix judged Australian company CarbonSystems as one of four global leading software vendors based on an independent, fact-based comparative analysis of companies offering energy management software applications.

Published today, the new Verdantix report combined benchmark data from 15 live product demonstrations, responses to a 115 point questionnaire, and interviews with an independent panel of 15 enterprise customers who have bought or are planning to buy energy management software.

Verdantix reported that the four market leaders — CarbonSystems, CA Technologies, IBM and Verisae – offer strong energy management functionality, proven integration with a wide range of meters and controls, deep expertise in energy domains, an impressive customer base, and meaningful implementation partnerships.

However Verdantix noted that many vendors do not have the product architecture to scale up to a global deployment — just 15 companies were assessed for review from 60 vendor applicants from around the world.

The trend to manage corporate energy has seen the rise of energy management software vendors that assist companies to capture, track and report their energy use. Verdantix analysis reveals that the US market for carbon and energy management software in 2011 will be $207 million and will grow to $558 million by 2014; the global market is expected to reach $742 million in size by 2017, according to Pike Research.

Post-2013 Verdantix believes that a handful of established software suppliers will dominate the enterprise energy management software market with three firms established as clear leaders by 2016.

www.globalcarbonsystems.com

CarbonSystems is a client of ATP Innovations, Australia’s leading business incubator.

ATP Innovations was awarded a Best Science Based Incubator Award 2011 at the 10^th Annual ‘BEST PRACTICES IN SCIENCE INCUBATION’ conference, Skycity Auckland Convention Centre, New Zealand.

This prestigious, global award went to the incubator with the strongest track record in connecting its portfolio of companies with global markets, based on a benchmarking study and jury evaluation.

ATP Innovations is the first Australian incubator to win an award in the entire history of the competition. This reflects the burgeoning startup scene in Australia, despite reports of fluctuating capital markets.

“Given the relative size of the Australian market, global expansion is an imperative for the majority of emerging technology startups to enable swifter investment returns. We’ve established a number of stellar international initiatives and linkages, which over 90% of our clients have been able to leverage successfully. This is the global aspect of the innovation ecosystem we provide our clients with,” said Hamish Hawthorn, CEO of ATP Innovations.

Recent statistics reveal that 49% of ATP Innovations’ client company revenue was derived offshore with over 90% of client companies involved in export related activities such as market validation and market establishment. Two of ATP Innovations’ most successful emerging technology companies to enter the global arena are Marathon Targets, a producer of smart targets for live fire training and NeuClone, a biotechnology company specialising in mammalian cell line engineering for the biopharmaceutical and biomanufacturing industries.

About ATP Innovations

ATP Innovations is Australia’s leading business incubator facilitating the rapid growth of technology based businesses in life sciences, engineering and enterprise software.

Further information contact:

Sally Katic

Client Services and Marketing

(02) 9209 4125

s.katic@atp-innovations.com.au

Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O’Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program.
 
The funding will be applied towards the $14 million pilot demonstration of the company’s 250kW bioWAVE ocean wave energy system at a grid-connected site near Port Fairy, Victoria.
 
“In developing the bioWAVE technology we set out to address the many issues that have bedeviled most wave energy technologies,” said CEO, Dr Timothy Finnigan. Inspired by the motion of large sea plants under wave action, and conscious of the costs and difficulties of doing development work in the ocean, BPS took the unusual step of spending five years performing multiple on land tests at increasing scale prior to ocean deployment. The most critical component has been tested at full scale at its factory in Mascot NSW (Sydney).
 
“We are now ready for the ultimate test – installing the bioWAVE in high energy 30-metre deep ocean waters. We have to raise another $3.6 million to complete the project funding, and given our results to date we are confident of achieving this in the coming months. The technology has been positively assessed by more than a dozen independent reviewers,” said Dr Finnigan.
 
The unique bioWAVE differs from other wave technologies in three critical ways.
 
Firstly, it is designed to generate grid compatible electricity ‘in situ’ and hence is connected to the shore via a sub sea electrical cable only. This gives good flexibility on locating the plant, opening up access to greater energy resources, while always transmitting the energy to shore efficiently as high voltage electricity.
 
Secondly, during extreme wave conditions it will automatically assume a “safe” position lying flat against the seabed. This reduces the structural design requirements (and hence cost) while maintaining reliability.
Thirdly, the design, utilising a patented wide “multi-blade” structure, is expected to capture a much higher proportion of the available energy than other designs.
 
“We believe bioWAVE will, when fully commercially developed, produce electricity at a price highly competitive with wind and be closer to baseload characteristics than either wind or solar”, said Dr Finnigan. “It is gratifying that the potential of the technology has been recognised by the Victorian Government,” he added.
 
Twelve other organisations have signed on to contribute cash and in-kind support for the planned four-year pilot demonstration project, including key suppliers, manufacturers, consultants and three Australian universities.
 
Media Contact
Sabine Prill
BioPower Systems Pty Ltd
T: +61 (0)2 9146 4420
E: sprill@biopowersystems.com
W: www.biopowersystems.com

BioPower Systems is a former client of ATP Innovations, Australia’s leading business incubator.

LX has won the innovation category at Anthill’s 2011 Annual Cool Company Awards, a national program developed in 2006 to recognise Australian companies that are doing things differently to bring about positive change.

Over 700 aspiring ‘cool companies’ were nominated for the 2011 awards, making ‘The Cools’ one of Australia’s largest business awards programs. The winners will be announced at an award’s function on Thursday 24 November 2011 and published on AnthillOnline.com.

“The Cool Company Awards are extremely egalitarian,” said James Tuckerman, Editor-In-Chief, Anthill Magazine. “Previous winners have included two-person start-ups, not-for-profit social enterprises, large private companies and publicly-listed corporations.”

“Judging takes into account far more than mere business variables, such as revenue and wealth. The criteria is geared to consider other qualities, from the disruptive nature of the product or service to the culture of the organisation.”

“Applicants either nominated themselves or were nominated by peers, work colleagues, family, friends and other ‘admirers’. A field of hundreds was examined (and cross-examined) before our judges were able to isolate three Finalists for each of our seven categories.”

Who are LX?

LX is an award-winning electronics design company based in Sydney, Australia. LX services include full turnkey design, electronics, hardware, software and firmware design. LX specialises in embedded systems and wireless technologies design.

www.lx-group.com.au

Published by LX Pty Ltd for itself and the LX Group of companies, including LX Design House, LX Solutions and LX Consulting, LX Innovations.

LX is a client of ATP Innovations, Australia’s leading business incubator.

ATP Innovations is pleased to present the latest newsletter showcasing our clients, updating you on our activities and reminding you of important event dates.

Click on the front page to view the newsletter online.

Download PDF version here.

SpeeDx has non-exclusively licensed its proprietary MNAzyme technology to Universal Biosensors (“UBI”).

SpeeDx’s MNAyzmes technology in combination with Universal Biosensors diagnostic biosensor will allow Universal Biosensors to access the burgeoning molecular diagnostics market, which is estimated to reach approximately US$6.2 billion by 2015.

MNAzymes are sensitive and highly selective compounds that can detect almost any DNA or RNA sequence, including cancer biomarkers, viruses and bacteria. One of the greatest strengths of MNAzymes is their ability to robustly detect multiple sequences simultaneously, providing a cheap and easy alternative for multiplexing. This huge versatility, combined with affordable and fast manufacture, makes MNAyzmes ideal for use in diagnostic products.

By incorporating MNAzymes into UBI’s strip technology, UBI will seek to develop a molecular diagnostic platform that can deliver rapid, low cost results at the point-of-care, and thereby providing significant advantages to patients.

“This agreement demonstrates the potential value that MNAzymes can bring to companies looking to develop genetic diagnostic product,” said Caroline Fuery, Director of Product Development.

“We are well placed to pursue further licensing opportunities going forward and expect further deals as the specificity and multiplex abilities of MNAzymes become more widely known.”

Phone: +61 2 9209 4170

www.speedx.com.au

SpeeDx is a client of ATP Innovations, Australia’s leading business incubator.

All In Media, the international radio technology company, has been awarded a three-year contract to develop and support a system for managing text and image services across all local and national BBC radio stations.

In just four years, All In Media has grown to become the leading supplier of digital radio software and mobile phone apps to the European and Australian radio industries. It’s Rapid and Guide products, are already widely deployed across the world, on DAB, FM and digital TV platforms.

All In Media’s Managing Director, Chris Gould says: “We are delighted to have won this contract after a competitive tender process. Our visual radio tools are already helping broadcasters around the world to deliver an enhanced radio experience to their listeners, and I’m pleased we’ll be working with the BBC.”

With Germany now launching national digital radio services for the first time, Europe is undergoing a digital radio revival. AIM’s software allows broadcaster to quickly and cost-effectively deliver visual radio services across a range of platforms, including DAB/DAB+, FM, DTV, online and smartphone apps. Its AIM Rapid and Guide products are the most widely deployed DAB data management software products in the world.

About

All In Media are an international technology company, with offices in the UK and Australia. Our software is used by broadcasters around the world to manage their data services across a range of platforms, and to deliver new forms of interactivity to their listeners. Whether your radio station is broadcasting on digital radio, digital TV, FM, online, or mobile we have solutions that can enhance the listener experience.

All In Media’s office in Australia is located at ATP Innovations, Australia’s leading business incubator.

ATP Innovations is pleased to present the latest newsletter showcasing our clients, updating you on our activities and reminding you of important event dates.

Click on the front page to view the newsletter online.

Download PDF version here.

On the 25th July, 2011, AIMEDICS flagship product the HypoMon® received an Australian International Design Award™ in recognition of design and innovation excellence.

AIMEDICS Chairman, Mr Martin Greenberg said “this award is acknowledgement of our significant, ongoing and relevant investment into the HypoMon technology”.

CEO of AIMEDICS, Mr Victor Skladnev said “the HypoMon went through a vigorous assessment by a panel of Australian and international experts with strong competition. To have received this award is further confirmation that the HypoMon will solve a significant problem for people with insulin requiring diabetes”.

The HypoMon System is a non-invasive monitor and alarm for sleep time hypoglycaemic episodes. It is for people with Type 1 Diabetes Mellitus between 10 and 25 years of age.

For further information contact Sean Gray, AIMEDICS, VP Sales and Marketing on phone +61 416 110 935 or email sean.gray@aimedics.com

Websites:

www.hypomon.com

www.designawards.com.au/application_detail.jsp?status=2&applicationID=10178

AIMEDICS is located at ATP Innovations, Australia’s leading business incubator.