Ben Franklin Technology Partners Invests $2.4 Million in PA Startups
FOR IMMEDIATE RELEASE: August 1, 2014
For further information:
Liz Wilson, Ben Franklin Technology Partners/ CNP
814-898-6650 / lizwilson@psu.edu
STATE COLLEGE, PA – Ben Franklin Technology Partners of Central and Northern PA, announced today that 20 companies, located in the 32-county footprint served by the Center, will receive an investment. The Ben Franklin Program, http://www.cnp.benfranklin.org, has been funding entrepreneurs, technology startups and small manufacturers who are developing new technologies and creating employment opportunities, for more than 30 years.
Listed below are the companies that recently became members of Ben Franklin’s portfolio:
ArgentumCidalElectrics, Inc. (State College, PA) has developed a novel, antimicrobial technology that releases metal ions on high-touch surfaces in healthcare facilities. Click on www.argentumce.com
Atoptix, LLC (State College, PA) developed a patent-pending device, that when coupled with a mobile app and a smartphone, can be used to sense hemoglobin, oxygen, and glucose. Click on www.Atoptix.com
BioMagnetic Solutions, LLC (State College, PA) offers fifth generation ferro-fluids to help researchers target/obtain cells of interest that are close to their natural physiological state. Click on www.BioMagneticSolutions.com
FyreRok Reservoir Consulting (Bellefonte, PA) is an engineering consulting firm, focused on the oil and gas industry, that offers a variety of services including design, quality control, and optimization. For more information, contact mark.miller@fyrerok.com
HalenHardy, LLC (Bellwood, PA) develops health, safety, and environmental tools to improve conditions for employees in the oil and gas, utility, construction, and mining industries. Click on www.MASHH.com
Kress Motors, LLC (Windber, PA) is further developing a patented, electric motor and drive technology that can be licensed to other electric motor producers. Click on www.kressmotors.com
Novasentis, Inc. (State College) has developed a technology for commercial use in electronic devices, such as smart phones and tablets that require haptic (tactile feedback), in touch keyboard pads.
RAK Computer Associates (DuBois, PA) developed a local real estate property tax collection application along with a municipal billing system used primarily by Pennsylvania tax collectors.
VideoMining Corporation’s (State College, PA) patented technology has made it a market leader for in-store shopper behavior analytics for consumer packaged goods and retailers. Click on www.videomining.com
AgeCheq Inc. (York, PA) has created a cloud-based, central clearinghouse service that enables mobile app and game publishers to easily become compliant with the Children’s Online Privacy Protection Act (COPPA). Click on www.agecheq.com
American Built Arms Company, LLC (Glen Rock, PA) is a veteran owned manufacturer of parts and accessories for the firearms’ industry. Click on www.abarms.com
Appalachia Technologies, LLC (Mechanicsburg, PA) has expanded its services in the areas of remote support, technology infrastructure monitoring, and help desk support to become a strong, trusted IT advisor for their clients. Click on www.appalachiatech.com
Better Bowls, LLC (Hershey, PA) develops and sells best-in-class nutritional, shelf-stable food and beverage products, throughout the country, under their own brand as well as under licensed, nationally recognized names such as Fiber One. Click on www.betterbowls.com
Colloid, LLC (Camp Hill, PA) has developed the UberCrypt Framework, a patented and patent-pending cryptosystem and software that easily and quickly enables new ways to secure data and communications. Click on www.UberCrypt.com
Red Privet, LLC (Harrisburg, PA) provides its customers with research-based design solutions for digital experiences that engage with customers and deliver measureable business results. Click on www.redprivet.com
Return Logic Inc. (Carlisle, PA) assists retailers and manufacturers with managing customer returns through predictive analytics and supply chain efficiency. Click on www.returnlogic.com
Sustainable Composites, LLC (Lancaster, PA) provides environmentally friendly composite materials produced from recycled leather waste that would normally go to landfills. Click on www.sustainablecomp.com
GreenLighting LED (Erie, PA) imports, assembles, and supplies “Made in USA” LED lighting products that are installed in government, industrial, and educational applications. Click on www.GreenLightingLED.com
Direct Allergy, LLC (Erie, PA) developed a turnkey medical service organization that provides comprehensive testing and treatment of allergic diseases that can be offered by primary care physicians. Click on www.directallergy.com
InnovaTel Telepsychiatry (Erie, PA) provides high-quality, psychiatric care via remote tele-psychiatric modality to senior living centers and other health care organizations in need of coverage. For more information, contact jonathan.evans@shbh.org
About Ben Franklin Technology Partners:
Ben Franklin Technology Partners/CNP, an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority, provides funding, operational assistance, and entrepreneurial support to emerging tech-based companies and small, existing manufacturers for the purpose of creating and retaining jobs in Pennsylvania. Contact the Central office of Ben Franklin in University Park at (814) 863-4558 or see our website at www.cnp.benfranklin.org.
