Monday, June 14, 2010
The Tech Industry on the 101 Corridor - 6/18 - Westlake Village
Join us next Friday, June 18th, for the TechAmerica Westlake Senior Financial
Executive Roundtable Breakfast Series.

Ben Kuo, publisher and editor of, will present an overview of
the tech hotspots on the 101 Corridor from Hollywood to Santa Barbara. Ben
will discuss: -An overview of where the tech clusters are along the 101
freeway from Hollywood to Santa Barbara -Where venture capital is flowing
within this market -Market data of the number, sizes and industry focus of
tech companies in our area. -Plenty of time will be available for Q&A.

Register today at:

Amonix Names CFO, Directors
Seal Beach-based Amonix, the heavily backed manufacturer of concentrated photovoltaic solar power systems, said today that it has named a new CFO and two independent directors. The firm--which recently scored a huge, $129.4M funding round from Kleiner Perkins Caufield & Byers and others--said it has named Patrick McCullough as its Chief Financial Officer, and named Matthew Ryan and Michael Skelly as directors. McCullough was most recently at IMI Severe Service Division, and also served at Berksh (More info...)

posted on Monday, June 14, 2010(Full story)

Activision Turns To Name Brand Musicians
Santa Monica-based Activision said today that it is turning to a number of well known recording artists for the soundtracks to its upcoming Call of Duty: Black Ops, DJ Hero 2, Guitar Hero: Warrior of Rock, and True Crime: Hong Kong. The firm said it will tap music from Usher, Eminem, Soundgarden, Pharrell Williams, David Guetta, Jane's Addiction, Deadmau5 and Z-Trip as part of its fall title line. David Guetta, DeadMau5, and Z-Trip will all be featured on DJ Hero 2. Soundgarden will debut an unr (More info...)

posted on Monday, June 14, 2010(Full story)

Insights and Opinions: Returns from Southern California IT IPO's 1995-2009
For our latest Insights and Opinions
column, we have the second part of Jon Funk's analysis of the return on Southern California IT startups, and how they have created value for investors. Funk has been an early stage venture capitalist at Allegis Capital, and was an investor in Sandpiper Networks, and Shopzilla.

Earlier this year, profiled a study of the financial outcomes of 700+ southern California IT startups from 1995-2009, and how they have created value fo (More info...)

posted on Monday, June 14, 2010(Full story)

Paciolan Renews UNLV
Irvine-based online ticketing system firm Paciolan reported today that it has extended a long-term contract with UNLVtickets of the University of Nevada Las Vegas. UNLV has been using the firm to manage in-house sales at the Thomas and Mack Center, Sam Boyd Stadium, Cox Pavilion, and other regional venues. Financial terms of the contract extension were not disclosed. Paciolan is a subsidiary of Comcast-Spectacor.

posted on Monday, June 14, 2010(Full story)

Cytori Gets $20M In Loan Facility
San Diego-based Cytori Therapeutics, a developer of medical devices and instruments for the cosmetic and reconstructive surgery market, announced today that it has received $20M in a loan facility. The facility came from GE Capital, Healthcare Financial Services, Oxford Finance Corporation, and Silicon Valley Bank. The firm said the funding will go towards commercialization and clinical development activities in Europe, Asia and the United States.

posted on Monday, June 14, 2010(Full story)

Starbucks To Open Wi-Fi Access
Coffee chain Starbucks, the second home of startup entrepreneurs and frequent makeshift offices of many a startup or technology professional in town, is going to open up free Wi-Fi for its customers. According to Starbucks CEO Howard Schultz, the firm has recognized its customers desire for a better, in-store Wi-Fi experience, and will offer one-click, free Wi-Fi as of July 1st in its U.S. stores. The free wireless will be available from AT&T. Previously, Starbucks customers were required to hav (More info...)

posted on Monday, June 14, 2010(Full story)

MP Biomedicals Buys New Zealand Firm
Santa Ana-based MP Biomedicals, a diversified manufacturer of life sciences products, said this morning that it has signed a definitive agreement to acquire New Zealand firm ICPbio International LTD, in an asset deal. ICPbio is a manufacturer of protein biologics. Financial terms of the buy were not disclosed.

posted on Monday, June 14, 2010(Full story)

Factual Partners With Newsweek
Los Angeles-based Factual, the open data startup headed by former Google engineering director Gil Elbaz, said this weekend it has partnered with Newsweek on a "America's Best Public High School" initiative. The firm said that Newsweek and Factual will enhance Newsweek's list with a mix of proprietary and open data. Newsweek said that the partnership with Factual will allow students and faculty of individual schools can comment and contribute information about their schools. Financial details of (More info...)

posted on Monday, June 14, 2010(Full story)

THQ Drastically Lowers Sales Guidance
Agoura Hills-based videogame maker THQ has drastically lowered its sales guidance, saying early this morning that it has updated fiscal guidance for its fiscal first quarter ending June 30th and fiscal year ending March 31, 2011, due to "lower than anticipated sales" of its title UFC Undisputed 2010, plus a strengthening US dollar. THQ said that it now expects its non-GAAP net sales for its fiscal first quarter to be between $155M and $165M, well below the previously expected $190M to $200M in f (More info...)

posted on Monday, June 14, 2010(Full story)

SpaceX Wins Satellite Contract
Hawthorne-based SpaceX, on the heels of the firm's successful launch of its Falcon 9 rocket, announced over the weekend that it has signed a contract with the National Space Organization (NSPO) to launch an Earth Observation Satellite, Formosat-5. Financial scope of the launch contract was not announced. Space Exploration Technologies said that the Formosat-5 satellite will be used for an image data service for civilian users, and also for space research and scientific experiment instruments. Fo (More info...)

posted on Monday, June 14, 2010(Full story)

Ixia Links With Deutsche Telekom
Calabasas-based telecom test equipment provider Ixia reported today that it is assisting Deutsche Telekom in the testing of a new, 100 Gbps network. Ixia said that the telecom firm is using its products to test interoperability, performance, and features of 100Gbps networking equipment. Size of the win was not announced.

posted on Monday, June 14, 2010(Full story)

Occam Deploys In Florida
Santa Barbara-based Occam Networks, a developer of broadband telecom equipment, said today that it has signed Hardee County, Florida, as a customer. Occam said that the county will deploy its Occam BLC 6000 products to bring broadband to 2,800 homes and 800 businesses in the county, as part of the Hardee County Broadband Project. Financial impact of the win was not disclosed. Occam's equipment is used by rural telecom firms to extend broadband to their customers.

posted on Monday, June 14, 2010(Full story)

Deloitte Technology Fast 500 - Call for Nominations!

Submit your nomination for the Deloitte's 2010 Technology Fast 500, a
list of the 500 fastest growing technology, media, telecommunications,
life sciences, and clean technology companies in the United States and
Canada based on percentage revenue growth from 2005 to 2009.

Your placement on the Technology Fast 500 means increased recognition
from business and financial communities, positive media coverage and the
opportunity to celebrate your company's fast growth. Companies from the
Southern California area that make the Fast 500 list will be honored at
an awards event in the fall.

For more information, visit or email

Need Office or Tech Space? Think Glendale
Need Office or Tech Space? Think Glendale

Glendale is an ideal location for locating your high tech startup,
offering benefits like:

- Centrally located and easily accessible via four freeways
- No business license fee or gross receipts tax
- A small but growing contingent of tech firms
- Lower rents on average for office, industrial space
- Educated workforce with higher education nearby
- Vibrant downtown with a variety of dining, shopping and entertainment
- Safe/secure working environment

Learn more at

SoCal IP Law Group LLP - IP Counselors For Technology Companies
>> Focused on high tech's unique needs
>> Pragmatic cost-effective IP portfolio management
>> U.S. and international patent and trademark procurement
>> IP Litigation
>> IP Licenses and Agreements: distribution, development, joint venture
>> Intellectual property aspects of mergers and acquisitions

310 N. Westlake Blvd., Suite 120, Westlake Village, CA 91362
735 State St., Suite 211, Santa Barbara, CA 93101 -

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