News Release

New Jersey contributes funds to commercialize Stevens technologies

Spin-out companies receive $164K for homeland security applications

Grant and Award Announcement

Stevens Institute of Technology

HOBOKEN, N.J. ― The New Jersey Commission on Science and Technology (NJCST) has awarded $164,000 to Stevens Institute of Technology to assist in the commercialization of homeland security applications produced by two Stevens spin-out companies, Attila Technologies LLC and PredatorVision LLC.

The Principal Investigator on the proposal for “Gap Funds to Accelerate Technology Commercialization” is Dr. Helena S. Wisniewski, Stevens’ Vice President for University Research and Enterprise Development. The Co-Investigator is Dr. Lex McCusker, Dean of The Wesley J. Howe School of Technology Management at Stevens. “This funding is another affirmation of the value of technologies produced at Stevens,” said Wisniewski. “Stevens will use the gap funds to build prototypes and perform field testing for two exciting technologies incorporated in our Technogenesis® companies, Attila Technologies LLC and PredatorVision LLC.”

“These technologies and their associated startup companies benefit our home state by helping to establish New Jersey as the state model for Homeland Security, creating jobs and providing disruptive technologies and products that are beneficial to society,” said Dean McCusker.

Attila Technologies provides an intelligent multi-network router/radio that satisfies the two most critical communications needs that arise during a crisis, as defined by the Department of Homeland Security – continuous broadband communication and interoperability.

PredatorVision LLC provides the “ultimate security/surveillance camera,” that converts mid-infrared to near-infrared frequencies to detect, at ten megapixel resolution, chemical and biological agents, even in adverse environmental conditions.

Both technology applications are being seriously studied by law enforcement and Homeland Security agencies, at the state and federal levels. A large-scale urban field test is planned for the Attila Radio in the near future. “Stevens has a strong commitment to creating technology companies, and a success record with its Technogenesis efforts,” said Stevens President Harold J. Raveché. “In this round of funding, Stevens received a remarkable percentage of funds allocated to New Jersey research universities for technology commercialization. Both Attila and PredatorVision represent major technological advances and the gap funds will greatly accelerate their commercialization.”

In 2006, Stevens received a Thomas Edison patent award from the New Jersey R&D Council for the core technology of its Technogenesis Company, HydroGlobe, sold to Graver Technologies in 2002. Another company, PlasmaSol, was sold to Stryker Corporation in 2005. More recently, in March 2007, another Stevens spin-out, SPOC, Inc., received an outside investment of $500,000 with the promise of $1.5 million in additional funding.

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About the New Jersey Commission on Science and Technology
Established in 1985, NJCST is responsible for the development and oversight of policies and programs promoting science and technology research and entrepreneurship in New Jersey. Commission members include business leaders, university leaders, scientists, the Secretary of Commerce and Economic Growth Commission, the Commissioner of Education, a representative of the Governor and four legislators.

About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value. Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 1,850 undergraduate and 2,980 graduate students, and a worldwide online enrollment of 2,250, with a full-time tenured or tenure-track faculty of 140 and more than 200 full-time special faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu. For the latest news about Stevens, please visit www.StevensNewsService.com.


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