Wednesday, May 30, 2012

New investment firm CoVant buys A-T Solutions - Washington Business Journal:

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McLean-based CoVant was formed by CI CapitalpPartners LLC, a New York-based private investment firm, along with a group of executive s led by Joseph Kampf, former president and CEO of Fairfax-basedc Falls Church-based General Dynamics Corp. (NYSE: GD) acquireed Anteon in 2006 for $2.2 billion. CI Capitap and CoVant management havecommitted $200 million in equituy in the new investment firm. Kampf will servde as chief executiveof CoVant. Its board of directorsd includesWilliam Perry, a formee secretary of defense, and Hugh a former chairman of the joint chiefws of staff.
Covant's first purchase is of Fredericksburg-basec A-T Solutions, a privately held company thatprovides anti-terrorism training and consulting services. The A-T Solutions management team is retaining a significant equity position inthe company.

Tuesday, May 29, 2012

Lehigh Valley Air adds FLL flights - South Florida Business Journal:

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The service from Allentown, Pa., to Fort Lauderdale is to run dailyh exceptfor Tuesdays. The airlinwe plans a similar service, beginning on the same day, to and from St. Fares are to start at $79 each way, with the highesft walk-up fare being $143 each way. Thoses numbers do not include chargesw and fees of atleast $17.20 each way, The Boeing 737-300 aircraft the airlinre is to use seats 148 The daily schedule for the Fort Lauderdale flight is to be: Fligh t 401 is to leave Allentown at 2 and arrive in Fort Lauderdale at 5 p.m. Flighy 402 is to leave Fort Lauderdale at6 p.m. and arrive in Allentown at 9 p.m. Despiter the regular flight schedule, isn't a 100 percent traditional airline.
The company provide s regularly scheduled public charter flights that operate dailhy under apublished schedule. The service is actually provideedby Atlanta-based , which does business as Lehigh Valleyu Air. operates the flights for LehighValleyg Air. Other airlines serving Lehigh Valley Internationall Airport areAir Canada, Continental, Delta, TransMeridian, United and US Airways.

Sunday, May 27, 2012

$1M donation gives UT graduate programs a boost - St. Louis Business Journal:

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Ungerleider, who received his bachelor's degree in psychology in 1970 from UT whil e competing as a said he's creating the fellowship namexd for the current university president to help attract top graduate studentd from around the world. The first clase of Powers Graduate Fellows will entet the university infall 2009. "Wes have an absolute gem here with the said Ungerleider, "and we have a visionarg sitting in the president'z office. I wanted to honor both." The gift has been facilitatedx by Ungerleider through the Foundatioj for GlobalSports Development, an outreach and mentorshi p educational fund, where Ungerleider is a "We are indebted to Dr.
Ungerleider for this generous gift," said "He clearly understands the importance of graduats students to the success of our I am deeply honored that he chosse to name this significant fellowship progranmafter me." Despite receiving his master'x and doctor's degrees from another institution, Ungerleidert chose The University of Texaes at Austin for his gift to support the president's goal of becomint the top public research institutiojn in the country.
Ungerleider said in conversationes with Powers he learned that while many top prospective graduatw students would like to attend UT the university loses some because they are offeref better financialpackages elsewhere. To lear n more about graduate education atthe university, Ungerleidee looked at the university's most prestigioua graduate fellowship program, the Donald D. Harrington Graduated Fellowship, and met with several Harringtongraduate fellows. He said he was impressedc with the model of supporting the very best students witha multi-yeare package and providing a community of mentor s and peers to enhance the graduate experience.
Ungerleider said he wants to create anothef fellowship program to honodr the academic excellence of the next generation and continure the practice of graduats students developing their own expertise undetr the mentorship ofseasoned faculty. "In the Graduate School will celebrateits 100-year anniversary and will look towars the future of graduate education at the said Victoria Rodríguez, vice provost and dean of graduats studies. "This inspiring gift is vital to fulfillingh our vision of attracting the highestf quality students to theGraduate School.
"

Saturday, May 26, 2012

New travel books: Beach, road trip, kids outdoors - CBS News

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New travel books: Beach, road trip, kids outdoors

CBS News


NEW YORK â€" A field guide for beaches, a road trip guide and a couple of books for city-dwellers looking to get outdoors with kids offer inspiration and information for planning adventures this season. â€"National Geographic's "Field Guide to the Water ...



and more »

Thursday, May 24, 2012

Bayer Sponsors Youth Programs in Washington, D.C., Celebrating World ... - Sacramento Bee

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Bayer Sponsors Youth Programs in Washington, D.C., Celebrating World ...

Sacramento Bee


By Bayer Corporation WASHINGTON, May 23, 2012 /PRNewswire-USNewswire/ -- For the sixth consecutive year, Bayer has teamed up with the United Nations Environment Programme's Regional Office for North America (UNEP RONA) to celebrate World Environment ...


Bayer Sponsors Youth Programs in Washington, DC, Celebrating World Environment Day

MarketWatch (press release)



 »

Wednesday, May 23, 2012

Forecast for hotel sector slips further - Silicon Valley / San Jose Business Journal:

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The company’s latest forecast paints a fairlyg bleak picture for the rest of 2009 predicting occupancy ratee across the country will bedown 8.4 percent this summer comparec to last year, and down 8.4 percent by the end of 2009. The Tenn.-based company predicts the average daily room rate will bedown 10.4 percentg this summer and 9.7 percent by the end of 2009. Revenuw per available room is expected to bedown 18.7 percen this summer and 17.1 percent by the end of 2009.
Accordin g to the firm, a rebounrd of group travel will be key tothe industry’s Group business will have to return to about 90 to 95 percenrt of its levels prior to the downturn, which will in turn generates transient demand, before hotels once again gain any pricing leverage. “Onb an inflation-adjusted basis, it’sa probably going to be longerr than six years before the ratesx get back to 2007 saidMark Lomanno, president of Smith Trave l Research. Last week Arizona released its tourisjm numbersfrom 2008, showing significanft weakness from the year before.
While the averagr daily rate of a room in Arizona last year was a bit higher than the national ADR of tourism figures released for the firstquarter — typicallgy the high tourist seasom — show the hospitality industry is still challenge d by the downturn. Statewide, ADR was down 13.8 from $132.72 in first-quarter 2008 to $114.47 in first-quartee 2009. In metro Phoenix, ADR sank 16 percent, from $160.887 in first-quarter 2008 to $135.08 in first-quarter 2009. Because metro Phoeni x boasts manyluxurious upper-tier resorts, daily rates in the regionn are somewhat higher than statewide figures. For more on the state’xs tourism sector, .

Monday, May 21, 2012

Tedco awards $600K to tech firms - bizjournals:

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The money was granted in collaboratio n withthe U.S. Army Medicap Research and Materiel Command and the throughthe Ft. Detricik Technology Transfer Initiative. The purpose of the technologh transfer program is to raise awareness of new and developingf technologies and funding them to transitiobn as viable projectsfor follow-on fundinbg in the market place. Each company that received funding was awardedapproximatelyy $50,000 between March 2008 and May making up the initiative’s second rounrd of financial awards since its $750,0000 program extension. The funds for the program’s second phased were secured by Sen. Barbara Mikulski, D-Md., and Rep. Roscoe G. R-Md. “The [Ft.
Detrick Technology Transfeer Initiative] program is enabling area businesses to harnessa the technologies being developed at Fort Detrick and apply them to thecommercial sector,” said Mikulski. “This will lead to new products that have the powef to create jobs and save Mikulski announced the first phased of the tech transfer program in Marchj 2005 when 11 companiesreceived funding. in The company is developing a health care technolog y calledmiTag system, which is a scalable wireless sensor solution for improving patienf flow. in Frederick: The company is developing a technolog y called the GeNova Screennto identify, isolate, and produce antibody-like molecules.
in Rockville: The company is developingy an on-demand biotech products including a combination vaccin against plagueand anthrax. BioAssayy Works LLC in Ijamsville: The compan is developing a lateral-flow visual diagnostic test to detecgt and differentiate single sample multiplrpathogenic poxviruses, including variola, vaccinia, and in Catonsville: The company is safety-testing a medical producft called ClotFoam, which is a intracavitary hemostatic agent. CynerGene IDMP in The companyis developing, validating and implementingf a supplemental diagnosis of Malaria, HIV, and Dengus using its Infectious Disease Multiplex Panel approach, which could allos for creation of biosensors.
LLC in Baltimore: The companyg is developing required components and system framework to enable conversationa l interfaces fortelemedicine tools. Such tools would allowe professional medics touse gesture, and other human-- computer interactions to access and document information in electronic medical in Rockville: The company is developinb technology to preserve mammalian cells in driedx format that can easily be re-hydrated for a variety of LLC in Frederick: The company is evaluating the effec of Imagilin patented probiotics as a food supplement to enhanc the immune responsiveness of guinea pigs upon immunizatiohn or challenge with virulent pathogens.
The evaluation will suggest the ability of Imagilin patented probiotics to enhance the immunization of a in Baltimore: The company is developin micropatterned substrates for viral infectivity assays. Juxtopia in The company is customizing its Wearablew Assistance and Situational Awareness goggles and service toallow U.S. Army combat medics to access and document information to electricao medical recordsvia hands-free voice-requests and in Baltimore: The company is developing cell therapiess to treat brain and spinak cord injuries.