Tuesday, September 2, 2008
Google Adds Facial Recognition, Taps Neven Vision Technology
Google's online free photo organization tool, Picasa Web Albums, was upgraded today, adding facial recognition capabilities acquired two years ago from Santa Monica-based firm Neven Vision. Google said Tuesday that the firm's Picasa Web Albums service, which is used by web users to store and share their photographs, will now allow users to tag faces in photos on the web site, and automatically finds and tags people it thinks it recognizes. The new feature--"name tags"--is based on technology Goo (More info...)

posted on Tuesday, September 2, 2008(Full story)

Welcome to our newest sponsor: Orix Venture Finance
Welcome to the newest sponsor of socalTECH, Orix Venture Finance!

ORIX Venture Finance provides senior debt and equity side-by-side investments to mid- and late-stage companies with revenue run rates of $10MM or greater. For more info on the firm, go to their web site, or (even better) call Brian Weber at 949-798-6169.

Orix joins the growing list of sponsors who are helping to make our coverage of Southern California technology industry possible. Those sponsors include:

Binary Pulse Tec (More info...)

posted on Tuesday, September 2, 2008(Full story)

RealD Scores Deal With Independent Theatre Group
Los Angeles-based Real D, which provides 3D theater technologies used for projecting 3D movies, said today that the firm has inked a deal with the National Association of Theatre Owners. Financial details of the deal were not announced. According to RealD, it has inked a deal to provide its 3D capabilities to the Cinema Buying Group (CBG), a buying program for independent theaters administered by the National Association of Theatre Owners. RealD said that Cinema Buying group currently represente (More info...)

posted on Tuesday, September 2, 2008(Full story)

Motek Acquired By Software Firm
Beverly Hills-based Motek Information Systems, a developer of warehouse management systems, has been acquired by Phoenix-based AFS Technologies, AFS said today. AFS did not disclose financial terms of the deal, but said that it has acquired Motek Information Systems, acquired Texas-based IRM Corporation, and received a related equity financing. Motek's warehouse management systems served the third party warehouse market, including customers like Associated Grocers, Federated Co-op, Four Seasons (More info...)

posted on Tuesday, September 2, 2008(Full story)

THQ Expands In China
Agoura Hills-based computer game maker THQ said today that the firm has expanded in China, with a new Shanghai-based office. According to THQ, its new office will be used to pursue new development opportunities and expand publishing partnerships in the Chinese market. THQ said the office will focus on partnerships to develop and publish both online and packaged games for distribution in China and around the world. The new office will be led by Tim Page, Market Development Director for Asia Pacif (More info...)

posted on Tuesday, September 2, 2008(Full story)

Socialcast Launches Enterprise Micro-blogging Service
Irvine-based Socialcast, a developer of corporate social networking software, said this morning that it has launched a new "micro-blogging" service targeted at corporate customers. According to the firm, the new software comes as part of its upgraded Socialcast 3.0 platform. The new features allow corporations to deploy communications services similar to Twitter or FriendFeed, where employees can post short messages and capture replies from other employees. The firm is billing its micro-blogging (More info...)

posted on Tuesday, September 2, 2008(Full story)

Staccato Ships Second Gen UWB Chips
San Diego-based semiconductor developer Staccato Communications has begun shipping the firm's second-generation chip line, its Ripcord2 ultra-wideband ICs, the firm announced today. Staccato said that its new, second generation chipset offers single-chip, all-CMOS WiMedia UWB and Wireless USB capability, built on 65nm CMOS. The firm said the new chipset offers lower power consumption, smaller size, and backward compatibility with its existing software. The firm's semiconductors are targeted at w (More info...)

posted on Tuesday, September 2, 2008(Full story)

PowerGenix Gets Chinese Win
San Diego-based PowerGenix, a developer of nickel-zinc, rechargeable batteries, said this morning that the firm has scored a deal with PowerEagle, a manufacturer of electric bicycles. Financial impact of the deal was not disclosed. According to PowerGenix, PowerEagle, which is based in China, will use its products across its entire product line offered by its North American partner Veloteq. Veloteq is a manufacturer of electric bicycles and motorcycles. PowerGenix is venture-backed by Advent Int (More info...)

posted on Tuesday, September 2, 2008(Full story)

Growth-focused Tech Companies Choose PowerMark
Global leaders like IBM and Symantec and emerging growth companies like
BasePoint Analytics and EED have something in common. They play to win.
That's why they team with PowerMark.

POWERMARK -- EXPERTS IN TECH MARKETING AND PR. Contact us today for a free
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ORIX Venture Finance - Debt and Equity
ORIX Venture Finance provides senior debt and equity side-by-side investments to mid- and late-stage companies with revenue run rates of $10MM or greater. With access to a large corporate asset base, we are not subject to the fluctuations in the credit markets, and can provide up to $50MM per transaction. Over the past 12 months, we have committed over $250MM in capital to growth companies and have the capacity to do much more. For more information on our debt structures and lending criteria, please visit http://www.orix.com/socaltech.aspx or contact Brian Weber on 949-798-6169.

TriTech: Are you an early stage start-up that is ready for funding?
The TriTech Small Business Development Center (SBDC) provides consulting at
no charge to entrepreneurs that qualify. Through a grant from the Small
Business Administration the TriTech SBDC will assist you with strategies to
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will get the attention of investors. If you are too early for raising
equity they will help you rapidly grow your business organically.

Call the TriTech SBDC at 951- 571-6478 or visit their website at

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Roger Bevan of High Street Partners presents an overview of international
VAT matters, focusing on 'case studies' and client participation. The
seminar is excellent for learning more about VAT matters that US Companies
face when expanding into the UK and other countries.

Two dates:
September 10, 2008 / COSTA MESA / 7-9:30 am
Costa Mesa Hilton, SEMINAR ROOM, 3050 Bristol Street, Costa Mesa

September 11, 2008 / LA JOLLA / 7-9:30am
The Lodge at Torrey Pines, 11480 North Torrey Pines Road, La Jolla, CA

Our breakfast meetings with be participatory in nature. Seating is
limited and reservations are required.

To RSVP, please contact Nicole Bagy at Nbagy@hsp.com. For
questions, please contact Susan Carter at SusanCarter@seeda.co.uk

Sponsored By


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