Week of April 21-27, 2003 ~  v.5, n.16

Medical Devices Promising Despite Challenges
Favorable market conditions and an increasing U.S. aged population have led to considerable growth in the medical device industry, even as other high tech sectors have continued to struggle. However, competition in the global marketplace and the influence of managed care may create obstacles to the industry's future growth.
full article >

Sand Dollar Report Tracks So Cal Investment Decline
Southern California venture capital investment declined significantly in 2002, whether measured in dollar amounts or number of investments. Larta's Sand Dollar Report 2003: An Analysis of Venture Investing In Southern California details the regional decline, which mirrored the trend nationwide. The report features comprehensive new data and interviews with leading venture capitalists. Sponsored by PricewaterhouseCoopers, the report includes PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree Survey.
more information >

Technology Guide Helps Companies Find Government Funding
Larta has published its latest edition of the most comprehensive resource on government-facilitated programs for R&D, Winning Government Money: 2003 Federal Technology Funding Guide. Sponsored by the Ewing Marion Kauffman Foundation, the report is recognized as the nation's leading survey on technology funding by the Federal government, which invests over $90 billion per year. With interest in government funding for technology at an all-time high, this publication can provide significant guidance for companies seeking this kind of assistance.
more information >

2003 Nano Republic Conference
Larta's Nano Republic Conference July 10th is a leading national conference where you can learn how to use Nanotech in commercial products. Industry leaders will cover the practical issues of engineering, design, and integration. Meet companies that are using Nanotech today. Hear from winners of the Nano Republic Awards and learn about today's most important Nanotech products and services.
more information >

Larta University

April 30: PwC Expert Access #3: Equity Transactions
Issuing preferred stock, stock options and warrants can raise complex accounting issues. This course will detail the impact of equity transactions in terms that are relevant and comprehensible to emerging technology companies.
Locations: Irvine
more information >

May 1: Economic Research Briefing: Medical Device Industry
Topics include: current regulations and reimbursements, Department of Commerce (DOC) export programs, and ways the US government is working with industry to improve the global regulatory and reimbursement environment. Led by Jeffrey L. Gren, Director of the Office of Microelectronics, Medical Equipment and Instrumentation (OMMI) within the International Trade Administration.
more information >

May 13 & 28: PwC Expert Access #4: Revenue Recognition
Revenue recognition continues to be a serious concern in the financial community, particularly in the tech sector. This course will focus on the key revenue recognition principles that can be used by emerging technology companies.
more information >

May 14 & 15: Entrepreneurship Series #1: Strategic Planning For Your Venture
This first session of the Entrepreneurship Series addresses ways entrepreneurs use strategic planning to turn business inspiration - concepts, ideas, assets, and intellectual property - into a profitable company.
Locations: Irvine & West L.A.
more information >

Larta In The News

Columbia Probe Examines Boeing Job Moves (Los Angeles Times)
One issue is how much shuttle know-how the company lost when it transferred 1,100 positions from Southern California to Texas
full article >

Defense Industry Technology Trends: The Move To Network-centric Warfighting (Northrup Grumman website)
A transcript of the 2003 Venture Forum Keynote Address by Al Meyers, Corporate Vice President, Strategy and Technology, Northrup Grumman Corporation
full article >

Other Articles
Sponsored by LATimes.com

Medical Device Makers' Profits Climb (Reuters)
Medical device makers Guidant Corp. (GDT) and St. Jude Medical Inc. (STJ) posted higher earnings excluding one-time items, but Wall Street frowned on the soft sales of the companies' pacemakers.
full article >

Reconstruction Boom? (Washington Post)
President Bush is expected to sign an $80 billion wartime spending bill, legislation that will, in part, kick-start the postwar reconstruction of Iraq. US technology firms, no surprise, have been lining up for months to land some of that work.
full article >

Biotech Field Uses Genetics to Predict Drug Reactions (Mercury News)
Several companies and medical laboratories are developing rapid genetic tests to determine who is likely to respond poorly, or not at all, to standard doses of common medication.
full article >

Wi-Fi Means Business
The up-from-the-streets movement is catching on in the corporate world. Will the new wireless networks pay off?
full article >

Saving the Bells' Broadband Bacon
(Business Week)
As DSL loses ground to cable, wireless technologies may be the phone companies' best hope for linking customers to the Net at high speed.
full article >

The Man Who Hijacked Napster (Boston Globe)
Shawn Fanning was the brains behind the popular Internet startup, but it was his uncle, John Fanning of Hull, who called the shots - and pocketed an estimated $1 million before the business went bankrupt.
full article >

Events Calendar

This events calendar is provided as a service by Larta about events vetted and endorsed by Larta.

April 22: Jetro 4th Tuesday Technology Exchange, Bioinformatics for Regenerative Medicine
A
dvancements in biology and information technology have led to greater understand of human cells and increasing opportunities in regenerative medicine technology, which is considered a promising market in the 21st century. Speaker: Mr. Kiyotaka Yamafuji, President and CEO, Neuroclex, Inc
.
more information >

April 22-24: National SBIR Spring Conference 2003
The National SBIR Spring Conference 2003 will show how to finance and transition your small business R&D project into the marketplace.
The SBIR program and its sister program, Small Business Technology Transfer (STTR), offer a wide selection of Federal research and development funding for a variety of technologies and market areas.

more information >

April 22-25: Doing Business With The Federal Government, Direction & Opportunities To Provide IT Solutions
This conference features members of Congress and representatives from Federal government agencies that are major buyers of IT solutions, and provides guidance and opportunities to help potential IT providers navigate the government procurement process. Present will be representatives of the US General Services Administration (GSA), which contracts for billions of dollars worth of products and services annually, as well as representatives from the Department of Commerce, Department of Defense, and Department of Homeland Security.
more information >

April 23: Is Your Company Too Inbred To Innovate?
Harvard Business School Professor Henry Chesbrough provides a revolutionary look at how the world's best companies create and exploit new ideas.
more information >

April 26: Caltech/MIT Enterprise Forum's Strategic Relationships, The Lifeblood of Life Science Ventures
Life science companies are inherently complex, and must effectively manage leading-edge technological problems, long product development cycles, and extensive testing regulatory requirements. How can a young company with limited resources meet these challenges? Find the answers to these questions and hear from those who have created and managed strategic relationships in their life science companies.
more information >

April 27: From Hollywood to Bollywood and Back Again
CBS-TV's Sixty Minutes described alumni from the Indian Institute of Technology (IIT) as "some of the brightest engineers, from what may be the most competitive school in the world". In California, IIT alumni are active not only in technology, but also in the worlds of entertainment and fashion. This special event at the Skirball Center in Los Angeles is organized by the Alumni Association of the Indian Institute of Technology's Kanpur campus, and features a discussion on careers that cross traditional cultural and market boundaries.
more information >

April 29: TechSpotter Funding In 5 Elevator Pitch Event
This event will explore the fundability of TechSpotter applicant companies. During the last event, investors heard elevator pitches from approximately 70 presenting companies.
more information >

April 30: Exporting Medical Devices to China
A distinguished panel representing US and China government and business will present Exporting Medical Devices to China, co-sponsored by the US Department of Commerce and AeA Orange County Council.

more information >

May 9: 2003 Entrepreneur Association Conference, Building Enduring Value
This one-day event, hosted by The Entrepreneur Association at the Anderson School at UCLA and The Price Center for Entrepreneurial Studies, includes education, discussion, and networking designed to help entrepreneurs build more successful organizations. Keynote speakers will be Terry Semel, CEO of Yahoo, and Paul Orfalea, founder and Chairman Emeritus of Kinko's.
more information >

May 10: Caltech/MIT Enterprise Forum's Spotlight Series Program, Corporate Formation & Strategic Tax Planning
Transforming advanced technology and innovative ideas into successful business ventures depends on much more than technical know-how. It requires intelligent financial and management decisions at every stage of your company's formation and growth. The greatest technology in the world won't thrive in today's marketplace without the right corporate structure to seize growth opportunities, maximize profits, ensure fiscal stability and protect your personal assets.
more information >

May 11-13: NanoBusiness 2003
The Second Annual NanoBusiness 2003 will open its doors on May 11 in New York City to an all-star cast of industry leaders. Scott Donnelly, General Electric, Ulf Koenig, DaimlerChrysler, Phil Bond, Undersecretary of Commerce, Q. Todd Dickinson, Howrey Simon Arnold & White, and Rick Snyder of Ardesta are among the nanotechnology luminaries who will address current applications and emerging trends. In all, more than sixty speakers have selected NanoBusiness 2003 as their preferred event to brief their peers and the broader market.
more information >

May 12: Tech Coast Angels' 3rd Annual Fast Pitch Competition
Tech Coast Angels (TCA) is one of the largest groups (200+ members) of angel investors in the world, has funded 64 venture in 63 months, and has $45 million in member capital and $456 million from co-investors. The group is active in Southern California, including Los Angeles, Orange County, and San Diego. Twenty leading venture capital firms are VC Affiliate Members of Tech Coast Angels. TCA members mentor, coach, serve on boards, provide contacts, and assist with team building, strategy planning, and subsequent fundraising.
more information >

May 12: HBSAOC: 2003 Entrepreneurs Conference
Accelerate the growth of your company with advice from investors, successful entepeneurs, and industry experts at the 19th Annual Entrepeneurs Conference. Times have changed. Learn to adapt with new, real-world approaches to starting, funding and building your company. Share your perspective with entrepeneurs and investors and gain insights from them. Dialogue with guest speakers, investors, and business owners who share their experience and expertise.
more information >

May 18-20: VORTEX 2003
VORTEX is an annual must-attend event for the best minds in networking, a valuable opportunity for senior executives, investors, and entrepreneurs to exchange ideas with other visionaries and gain access to the practical solutions and innovative strategies that are defining the new networked world.
more information >

May 19-20: UCLA's Wireless Internet, Data and Enterprise Application Conference
This two-day event will bring together leading wireless experts from industry and academia to provide a comprehensive overview of the Wireless Internet space. The conference attracts experts from the entire value chain - mobile operators and carriers, researchers, media content companies, telematics, mcommerce, application developers, vendors, portals, consultants, investors and more.
more information >

May 19-21:ASME 3rd Annual MEMS Technology Seminar
5 courses, exhibits, and NASA Microdevices Lab Tour offered.
more information >

May 22: Corporate Investment and Strategic Alliance Conferences
The Corporate Investment and Strategic Alliance (CISA) Conferences are the oldest, largest and most successful conferences in the US dedicated exclusively to companies seeking corporate funding from and/or strategic alliances with Fortune 1000, Nasdaq 100, International 200, or other large public or private corporations.
more information >

May 22: Forum for Women Entrepreneurs' Annual Venture Dinner
Join FWE San Diego for the Second Annual Progressive Venture Dinner. The 2003 event will build on the success of last year's inaugural dinner, where 45 prominent venture capital providers, 20 professional service providers, and more than 80 high-growth men and women entrepreneurs gathered for an evening of insight and networking.
more information >

Larta's full event calendar >

Larta Job Opportunities

Larta currently has the following job opportunities available. Interested candidates please email resumes to jjohnson@Larta.org.

Programs and Marketing Coordinator
We are seeking an individual possessing strong interpersonal skills, some experience in conference and event marketing, excellent oral and written communication skills, solid organizational skills, and computer graphics and web design capabilities.
more information >

Business Development Associate
The Business Development Associate will assist the Business Development Director with sales, new business sourcing, and marketing.
more information >

Editorial Intern
The Editorial Intern will be responsible for transcribing audio recordings of interviews, assisting with online research, creating publications, and helping prepare the organization’s quarterly and annual reports. Candidates should be familiar with Dreamweaver, Photoshop, and Pagemaker. This position will also require some copyediting and writing.
more information >

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******** About Larta ********

Since 1993, Larta has been closely involved with cutting-edge business trends, growing sectors, and innovative companies. We apply this "insider" knowledge to help our clients find new customers, open new markets, tackle tough issues, and raise capital.

Companies helped by Larta have raised over $1.5 billion in capital. Larta's seminars provide insights to 1,000 businesspeople each year. Larta's weekly electronic magazine on business innovation is read by 20,000 people.

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Sponsorship: To sponsor VOX or other Larta events or publications, contact
Carlos Gutierrez