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Archive for July, 2009

Nurses Choose Exergen TemporalScanner(TM) Thermometer as ‘Most Valuable Product’ in Annual Industry Survey

WATERTOWN, Mass., July 30, 2009 /PRNewswire via COMTEX/ — Exergen Corporation’s patented TemporalScanner(TM) Thermometer was selected by nurses as the 2009 Most Valuable Product in the annual survey by Therapy Times, the only all-inclusive community Web site for therapeutic professionals in the healthcare industry. Hundreds of nurses voted for the TemporalScanner during three weeks of online balloting, from June 26 – July 17. The results were posted July 20.

“We developed the TemporalScanner with the nurse in mind. It’s a great validation of our efforts to be honored this way,” said Francesco Pompei, Ph.D. and Exergen CEO. “We do know that the TemporalScanner is used in half of hospitals and a third of pediatricians’ offices in the U.S.” From hundreds of nominations, Therapy Times compiled a slate of products used in the therapeutic fields of physical therapy, occupational therapy, speech language pathology/audiology, nutrition, respiratory therapy, musical therapy and nursing. Professionals in each therapeutic area selected the products they found most useful in day-to-day practice.

Exergen’s infrared temporal artery thermometer is the most accurate and least invasive product on the market and provides temperature readings in just two seconds. With a gentle stroke of the forehead the instrument captures the naturally emitted heat from the skin over the temporal artery.

Exergen Corporation is recognized worldwide as an innovator and leading manufacturer of patented infrared thermometers, scanners, sensors and controls.

Its products are used in a wide variety of industrial and medical applications for both professionals and consumers.

For additional information, visit www.exergen.com.

SOURCE Exergen URL: http://www.exergen.com www.prnewswire.com Copyright (C) 2009 PR Newswire. All rights reserved -0- KEYWORD: Massachusetts INDUSTRY KEYWORD: MEQ

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URL: http://www.cnbc.com/id/32222820/

Nurses Choose Exergen TemporalScanner(TM) Thermometer as ‘Most Valuable Product’ in Annual Industry Survey
Exergen Corporation's patented TemporalScanner(TM) Thermometer was selected by nurses as the 2009 Most Valuable Product in the annual survey by Therapy Times, the only all-inclusive community Web site for therapeutic professionals in the healthcare industry. Hundreds of nurses voted for the TemporalScanner during three weeks of online balloting, from June 26 - July 17. The results were posted July 20. »

Lytron Hires David Olds as Vice President of Engineering

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July 28, 2009, Woburn, MA, USA: Lytron announced today the hire of Mr. David Olds as vice president of engineering. Olds will be managing all of Lytron’s custom and standard products engineering, which include Lytron’s components engineering, systems engineering, program management, and mechanical design departments. Olds was hired to replace the current vice president of engineering, Mr. Richard Goldman, who is retiring in November after 21 years with Lytron.

“Dave brings a wealth of knowledge and experience to the table,” notes Mr. Craig Carswell, president and Chief Executive Officer (CEO). “Dave’s focus will be on continuing to provide our OEM customers with the highest quality engineered thermal solutions at the best value. As we grow, his expertise in the aerospace, military, and power conversion markets will be invaluable.”

Olds has a BS in Mechanical Engineering from Worcester Polytechnic Institute and a MSIE in Engineering Management from Northeastern University. His resume includes engineering positions at GE in Direct Energy Conversion and at GE Aircraft Instruments. His most recent position was at AMETEK Aerospace as director of engineering for the company’s Sensors and Fluid Management Business Unit.

Lytron’s standard and custom cold platescooling systems, and heat exchangers are found in the medicalmilitary/aerospacetractionpower generationlaserpower electronicsanalytical, and semiconductor markets. The company engineers custom components and systems for OEMs as well as provides off-the-shelf standard products to OEMs and end users. Lytron sells directly from its headquarters and through its representatives and distributors around the world.

For more information, please call +1-781-933-7300 or email info@Lytron.com.

Lytron Hires David Olds as Vice President of Engineering
Lytron announced today the hire of Mr. David Olds as vice president of engineering. Olds will be managing all of Lytron's custom and standard products engineering, which include Lytron's components engineering, systems engineering, program management, and mechanical design departments. Olds was hired to replace the current vice president of engineering, Mr. Richard Goldman, who is retiring in November after 21 years with Lytron. »

July 2009 Newsletter

MCRC ANNOUNCES NEW INVESTMENT IN INNOV-X SYSTEMS, INC.

Boston, MA – July, 2009 – MCRC is pleased to announce a new investment in Innov-X Systems, Inc., a leading provider of elemental analyzers to the industrial, transportation, security, environmental, recycling and energy markets.  Founded in 2001, Innov-X is a pioneer in the development of portable X-ray fluorescence (XRF) technology for elemental analysis.  Innov-X is a privately held, growing firm that operates worldwide, with offices in North America, Europe, Australia and Asia.  Innov-X’s products use XRF technology to quickly determine the chemical composition of a substance, thereby identifying the existence of desirable or undesirable elements.  Innov-X’s analyzers have been used for a wide variety of applications, including alloy and fluids analysis, mining and mineral exploration, environmental site investigation, nuclear non-proliferation and consumer product screening.  Innov-X outfits the maritime, oil and gas exploration and distribution, and power industries with XRF systems to monitor and optimize the use of fuels and lubricants.

“Innov-X’s mission from the start has been to discover new ways to apply portable XRF technology.  Our applied innovative products have allowed the company to become a leader in our industry,” said Dan Sackett, CEO & President of Innov-X.  “By working together with MCRC, we can continue to aggressively introduce new products, even in the current economic climate, including a major upgrade to our handheld XRF performance, and further high performance XRF products featuring our patented diffractive optics technology.”

July 2009 Newsletter
MCRC is pleased to announce a new investment in Innov-X Systems, Inc., a leading provider of elemental analyzers to the industrial, transportation, security, environmental, recycling and energy markets. Founded in 2001, Innov-X is a pioneer in the development of portable X-ray fluorescence (XRF) technology for elemental analysis. »

Commonwealth of Massachusetts To Save $10M on Electricity Costs with SAIC and World Energy

Deal Advances World Energy’s Leadership in Mass. Energy Economy

BOSTON and WORCESTER, MA, July 9, 2009 /PRNewswire-FirstCall via COMTEX/ — World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, and Science Applications International Corporation (SAIC) (NYSE: SAI) today announced the Commonwealth of Massachusetts has contracted for over 363 million annual kWh of electricity using the World Energy Exchange(R). The 24-month contracts, which commenced July 1, 2009, are projected to deliver over $10M in savings to the State. The awarded supplier is Direct Energy.

SAIC and World Energy conducted the online auctions on May 19, 2009, marking the fourth successful event they have assisted the Commonwealth with since teaming in 2005 to support the State’s energy procurements. The auctions attracted many of New England’s top energy suppliers, were highly competitive and resulted in contracts that will power accounts for the State’s executive agencies, including the Department of Capital Asset Management, Department of Conservation and Recreation, State Police, Trial Court, and Department of Corrections. A number of large non-executive State agencies also awarded contracts through the auction, including the Massachusetts Turnpike Authority.

“World Energy has worked in the energy markets since 2001 to establish itself as the trusted, low-cost service provider for our customers, including Federal, State and Local governments, utilities and the Fortune 1000,” said Richard Domaleski, CEO of World Energy. “In that time, we have earned a reputation for running transparent, protest-free events, just one of the many reasons States such as Connecticut, Maryland and Massachusetts are among our biggest repeat customers.

“As a Worcester, Mass.-based company, we take great pride in our relationship with the Commonwealth of Massachusetts and greatly value the opportunity it continues to provide World Energy to showcase our people, process and technology, and ultimately the value we deliver our customers.”

Added J.T. Grumski, SAIC senior vice president and business unit general manager, “We received more than 140 bids through the auction event. The State was able to quickly compare prices for various terms and make awards shortly after receiving the last bid. This helped lower bid prices by reducing suppliers’ market risk exposure. There was a great deal of excitement in the room as representatives from many of the State agencies watched the results unfold in real-time during the live viewing of the auction in Boston.”

About SAIC

SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company’s approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com.

About World Energy Solutions, Inc.

World Energy (NASDAQ: XWES; TSX: XWE) operates online exchanges for energy and green commodities. For buyers and sellers of electricity, natural gas, capacity, and green-energy assets who are impacted by today’s volatile markets, World Energy’s proven approach has transformed the normally complex procurement process into a powerful, streamlined vehicle for cost savings. In addition to enabling customers to seek competitive pricing on traditional energy commodities, World Energy is taking a leadership position in the emerging environmental-commodities markets. Its award-winning World Green Exchange(R) supports the ground-breaking Regional Greenhouse Gas Initiative’s (RGGI) cap and trade program for CO2 emissions. For more information, please visit www.worldenergy.com.

Commonwealth of Massachusetts To Save $10M on Electricity Costs with SAIC and World Energy
World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, and Science Applications International Corporation (SAIC) (NYSE: SAI) today announced the Commonwealth of Massachusetts has contracted for over 363 million annual kWh of electricity using the World Energy Exchange(R). The 24-month contracts, which commenced July 1, 2009, are projected to deliver over $10M in savings to the State. The awarded supplier is Direct Energy. »

AspenTech Continues aspenONE® V7 Rollout with Introduction of Manufacturing & Supply Chain Release

aspenONE V7 MSC Innovations Drive Profitability, Improve Agility, and Enable Process Manufacturers to Do More With Less in an Uncertain Economy

BURLINGTON, Mass. July 7, 2009 — Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software and services to the process industries, today introduced aspenONE V7 Manufacturing & Supply Chain (MSC). Innovations in the latest software release enable process industry companies to achieve higher profit margins by reducing operational costs, improving agility, and doing more with less.

aspenONE V7 Manufacturing & Supply Chain software is available immediately. For more information on the entire aspenONE V7 product line, visit www.aspentech.com/V7.

Supporting Quotes

Mark Fusco, President & CEO, AspenTech
“To be profitable in today’s economy, companies need to make better decisions faster in response to rapidly shifting market dynamics. At the same time, they need to reduce costs while maximizing the efficiency of their overall operations. AspenTech exists to solve these problems for process industry companies. aspenONE V7 MSC makes it easier for our customers to navigate through uncertain times while taking advantage of opportunities with more agile and efficient operations.”

Phil Koenig, Manager of Engineering & Analytical Services, Marathon Oil Company
“One of the key challenges when integrating the supply chain is to ensure that the individual organizations – for example Refining, Supply, or Marketing – feel that the decisions being made accurately reflect the impacts or costs on their organizations. Using aspenONE V7 we will be able to combine high-fidelity organizational models, allowing us to accurately determine the incentives, costs, and impacts of supply chain decisions, such as maximizing the value of specific crudes by optimally distributing them across multiple refineries.”

R. Amari, Senior Vice President of Supply, ENI S.p.A.
“In today’s highly volatile markets, we are deploying an integrated petroleum supply chain solution. It provides real time visibility along with the solutions necessary to react with increased speed, in an effort to drive down costs for our company and our customers.”

Dr. Kai Dadhe, Evonik Degussa GmbH
“Previously, the performance and stability benefits we received from APC were confined to only certain processes. The new aspenONE V7 Advanced Process Control platform provides a costeffective way to implement process control on smaller units and extend those operational benefits throughout our organization.”

Dr. Wilfried Kossmann, Bayern Oil (a joint venture including BP)
“aspenONE V7 is making it easier to keep controllers online and maintain the benefits of advanced process control over time. The new KPI reporting capability with diagnostics provides a key insight into how controllers are behaving and whether or not any remediation may be required. Bayern Oil is also very excited about AspenTech’s Adaptive Modeling capability. Being able to identify model deterioration, diagnose what the problem is and then re-model the process all within an online framework is a major step forward in performance capability.”

Francois Toutain, Arkema
“To be able to do either a DMCplus, an Apollo or a State Space controller in the same software platform is quite amazing. Compared with the previous generation of advanced process control, V7 MSC is friendly, easier, and more efficient to use.”

Supporting Resources

About AspenTech
AspenTech is a leading supplier of software that optimizes process manufacturing – including oil and gas, petroleum, chemicals, pharmaceuticals and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient. To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.

AspenTech Continues aspenONE® V7 Rollout with Introduction of Manufacturing & Supply Chain Release
Aspen Technology, Inc. (OTC: AZPN.PK), a leading provider of software and services to the process industries, today introduced aspenONE V7 Manufacturing & Supply Chain (MSC). Innovations in the latest software release enable process industry companies to achieve higher profit margins by reducing operational costs, improving agility, and doing more with less. »

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