Week of February 14 - February 20, 2005 ~ v.7, n.7
Top Stories

Larta Client Garners $4.9 Million in Financing
Larta Institute produced a report for VisiJet, Inc. on the cataract and refractive surgery markets in 2004. A developer of innovative technologies for the ophthalmic surgical market, Visijet recently secured financing of $4.9 million.

Larta CEO State Guest in Pakistan
Larta Institute CEO Rohit Shukla was a state guest of the Government of Pakistan last week in celebration of its first-ever Expo 2005. The event featured investment forums, business meetings, and showcases of Pakistani products and technologies.

AUTM Releases University Licensing Survey
Even with record participation from 165 U.S. universities and 32 research hospitals, the 13th annual licensing survey conducted by the Association of University of Technology Managers (AUTM) reveals a 6.7 percent drop in the number of start-up companies created with technology licensed from the responding schools.

Coming in February from Larta Research:
Federal Technology Funding Guide 2005

Larta Institute's Federal Technology Funding Guide is recognized as the nation's leading survey on Federal technology funding. Learn about the Federal funding process, how to apply for funding, and how to win government R&D money. Contains an in-depth look at the nation's SBIR and STTR programs.

NIH-CAP Investment Workshops
Some of the nation’s most promising early-stage life science companies will be showcased in nationwide, small, private, investor-only events in February 2005 (Feb. 15, Reston, VA; Feb. 17 Boston, MA). All of the companies have been funded by the National Institutes of Health (NIH) and are a part of the National Institutes of Health Commercialization Assistance Program (NIH-CAP) managed by Larta Institute. If you are interested in attending the event and for more information, including detailed agenda and company descriptions, please contact the NIH-CAP Program Manager, Ketaki Sood, at (213) 765-4824 or ksood@larta.org. This is an investor-only event and participation is limited to accredited angel investors and early stage venture capitalists. The event is not open to the general public.

University Tech Transfer: Licensing Intellectual Property from Universities
Universities are among the best sources of intellectual property. This new white paper from Larta Institute includes approaches for finding and accessing university research, recommendations for avoiding potential pitfalls when licensing university IP, suggestions for successfully negotiating university tech transfer agreements, and illustrations of typical licensing terms and types of licenses.
purchase report now for only $99

Send comments and submissions to James Klein, Larta VOX Editor, at voxeditor@larta.org

Larta University


SSTI, the State Science and Technology Institute, calls Larta University one of the "...best programs in the country," having "...helped hundreds of entrepreneurs, implemented innovative programs, and assisted client companies to raise hundreds of millions of dollars."

March 10: Entrepreneurship Series #6: Finance and Valuation
It is not crucial for the CEO to know the nitty gritty of accounting principles, but it is crucial for him or her to track the company’s cash flow and burn rate. This workshop will discuss the financial tools that allow entrepreneurs to run their businesses responsibly and raise the right amount of funding at the right time. Topics include: developing realistic financial assessments, budgeting and forecasting, preparing financials for the business plan, how to be fiscally prepared for foreseeable budget cycles, valuation, and reporting to financial stakeholders.
Location: West Los Angeles

April 14: Entrepreneurship Series #7: Moving the Product: Sales & Distribution Strategies
Companies should be aware of all the sales and distribution channels available, determine which ones would be most appropriate, and how to manage them to expedite growth. Companies have managed to prosper immensely from building the right alliances, where businesses share valuable assets ranging from a customer base to marketing activities, from suppliers and procurement to product development. Topics covered in this course include: how to sell, getting the most out of distribution networks, and forming valuable strategic alliances.
Location: West Los Angeles

Larta University's Course Schedule

Tech Sector News
Sponsored by LATimes.com

Top Stories in Hot Technology Sectors

Biotechnology
With money flowing, happy days are here again for biotech firms (Baltimore Business Journal)
Biotech is hot and the industry is maturing. New products, new alliances and new financing structures are beginning to produce more consistent, sustainable growth in this historically volatile industry.

more Biotech news

Communications
Each Retained Customer Is a Victory for MCI (Washington Post)
Late last year, when drugmaker Purdue Pharma LP's contract with MCI Inc. was expiring, Larry Pickett went shopping for a telecommunications provider.
more Communications news

Consumer Electronics
Leading Brands Reluctantly Chase Cheap PC Sales (Reuters)
For personal computer makers caught in a vortex of plunging prices and weak US consumer demand, the question these days is, how low can you go?
more Consumer Electronics News

Hardware
HP should price Gateway (CNet News)
Could Hewlett-Packard, under new leadership, buy rival Gateway? At least one analyst is entertaining the idea.

more Hardware news

Internet
Investors Brace for Last Google Lock Up Expiry (Reuters)
Shares of Web search leader Google Inc. gained about 1.5 percent on the heels of stock sales by insiders and ahead of the last and largest IPO-related expiration of stock selling restrictions.

more Internet news

Investments
IPO Watch: Big Show at the Big Board (Red Herring)
The new-issues market shifts from the Nasdaq to Broad and Wall Streets.
more Investment news

Media
Multicast Ruling Muddies Waters (Wired)
The National Association of Broadcasters doesn't lose many battles in Washington. But the Federal Communications Commission dealt the powerful group a painful blow when it refused to require cable operators to carry broadcasters' multiple digital streams.

more Media news

Security
Is your TV virus-proof? (CNet News)
The kitchen has long been considered a breeding ground for germs, but you probably don't expect your toaster to infect your cell phone.
more Security news

Semiconductors
HP, Intel tussle with Oracle over dual-core chips (CNet News)
As they develop their dual-core-processor strategies, Intel and Hewlett-Packard appear to be rounding on a common target they see as hampering their ambitions: database giant Oracle.

more Semiconductor news

Software
Microsoft Delays New CRM Software Version's Launch (Reuters)
Microsoft Corp. will push back the launch of the newest version of its software for small businesses that want to track and manage their customer relationships, the world's largest software maker said.
more Software news

Events Calendar

This calendar lists events endorsed by Larta Institute.

March 7-8: iHollywood Forum: Digital Living Room
The Digital Living Room® addresses the technologies and services that are transforming the living room into a digital hub. Thought leaders from technology, consumer electronics, finance, Hollywood and market esearch analysts engage in lively dialogue to focus on creating the technological, business and investment roadmap for the digital home.

March 10: Entrepreneurship Series #6: Finance and Valuation
This
Larta University class will discuss the financial tools that allow entrepreneurs to run their businesses responsibly and raise the right amount of funding at the right time.

March 13: JETRO “Bizmatch” Opportunity at CTIA Wireless 2005
If you will be attending “CTIA Wireless 2005”, March 13-16 in New Orleans, please consider participating in JETRO’s Bizmatch event, which will include major companies such as NTT DoCoMo. Don't miss this unique opportunity!

March 14: Entrepreneur In Residence Roundtable
National Information and Communications Technology Australia (NICTA) is sponsoring a unique Entrepreneur in Residence program. NICTA will fund experienced US-based entrepreneurs to crystallize spinout opportunities based on NICTA research and technical teams.

April 14: Entrepreneurship Series #7: Moving the Product: Sales & Distribution Strategies
Topics covered in this Larta University course include: how to sell, getting the most out of distribution networks, and forming valuable strategic alliances.

April 28-30: Wireless Telecommunications Symposium
Exchange information on advances in mobile communications and wireless networking technology, management, applications, and security in a very pleasant Southern California conference environment with leaders and experts from industry, governmental agencies, and universities around the world at the Fourth Annual Wireless Telecommunications Symposium.

May 11-12: Early Stage East: Venture Capital Conference
Early Stage East has a fresh vision to bring emerging technologies to the forefront for its audience of venture capitalists, private investors, expert service providers and entrepreneurs on the East Coast. Early Stage East is the trendsetter in showcasing the most promising young companies in the tech industry.

May 25-26: The Venture Forum 2005
America's largest showcase of top-tier emerging companies. This year's expanded two-day format features over 130 companies, including 75 National Institutes of Health SBIR Phase II grant winners.

June 1-3: IBF 16th Annual Venture Capital Investing Conference
The premier industry gathering for venture investors.
Planned with the help of peer input to help you compare best practices and track industry trends, this industry meeting unites the most active venture investors.

Larta Institute's Events Calendar

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Larta Institute
connecting people to drive innovation

We bring people together to move technologies into the marketplace. Our client solutions include: conferences, training workshops, technology transfer, advisory services, and research and analysis.

Since 1993, companies helped by Larta Institute have raised over $1.5 billion in capital. Larta Institute's conferences and seminars provide insights to thousands of businesspeople each year. Larta Institute's weekly electronic magazine on business innovation is read by over 20,000 people.

www.Larta.org

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Larta Institute

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Washington DC Office:
Larta Institute
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Sponsorship: To sponsor VOX, Larta events or publications, contact Carlos Gutierrez