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Press Room & Newsletters >> Newsletters >> Regional Newsletters >> Midwest

AeA Monthly News, December 2007
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"The AeA Classic is a tremendously efficient way for us to get our company's message out to the greatest number of current and future investors."

Pat Kelly, CFO, Vignette

Learn More

 



In This Issue
From the Desk of...Ed Longanecker, Executive Director, AeA Midwest Council
Midwest Venture Summit, Midwest Venture Capital Investment Bucks National Trend, Nanophase Technologies, Member News, Events, and more....
From the Desk of...Christopher Hansen, President & CEO, AeA
An Introduction from the New AeA President & CEO
State, Federal, and International Lobbying
AeA Efforts Contribute to 285-132 Vote by House Approving Peru Free Trade Agreement
Students and Former Astronauts Stress the Need for Continued Government R&D Funding of Innovation
Attend AeA's State Government Affairs Conference; Updates to Taxing Tech in MD and Online Safety in NJ
Monthly CyberSTAT: e-Health 201:  Designing the Virtual Hospital - Telemedicine Lowers Healthcare Costs & Saves Lives Remotely
Government Procurement
Microsoft Corporation CEO to Deliver Keynote at AeA Technology for Government Dinner
Executive Education
Early Applications Now Being Accepted for 2008 AeA/Stanford Executive Institute - Apply by January 7th and Save $1500
Access to Investors
Showcasing 100 Companies with up to $200M Market Cap Or Revenues - Register Before January 25th and Save $200
Insurance Services
Get Personalized Help Through Pregnancy and Delivery with the Healthy Pregnancy Program Offered by UnitedHealthcare
Business Networking
Calendar of December Events
New AeA Member to Member Discounts
Events Photo Gallery
Additional Resources
Working for You:  Meet Your AeA Staffer
Christopher W. Hansen, President & CEO, AeA
Contact Information / About AeA / Find Your Local Council
 
 
For over 36 years, AeA has worked diligently to connect the technology industry with opportunities to access capital and visibility with key investors and industry analysts. No other technology association has committed more resources or provided more consistent opportunities to connect industry with capital, a crucial component in driving growth, innovation, and job creation in our industry. In addition to hosting the AeA Classic Financial Conference, AeA Micro Cap Conference, and various private AeA Venture Forums throughout the country, we are eager to support additional efforts to attract interest and financing opportunities for our industry.

In our ongoing efforts to support growth in the high-tech space, AeA's Midwest Council is proud to be an organizing partner for the 2008 Midwest Venture Summit on May 17-18 in Chicago, IL. This expanded 2 day Midwest Venture Summit (MVS) is the region's premier gathering of VCs, entrepreneurs, business leaders and angel investors. The 2008 MVS will provide more networking and deal opportunities than ever before, with attendees from all over the "Greater Midwest," including: IA, IL, IN, KY, MI, MN,MO, NB, ND, OH, Western PA, SD and WI. Information on exclusive sponsorship opportunities and conference details can be found by visiting: www.aeanet.org/AeACouncils/mwms_2008MVSsponsordetail1207.asp.

Even though Venture capital investments in the United States were up in the first three quarters of 2007, when compared to 2006, national venture capital investments declined slightly in Q2 and Q3   from Q1 in 2007, according to the PricewaterhouseCoopers MoneyTree survey. Third quarter 2007 data is the most recent available. These slight declines at the national level contrast with the venture capital investments in the Midwest, which increased during the first three quarters of 2007, from $308 million in Q1 to $343 million in Q3 of 2007. On a sector analysis, software was the leading recipient of venture capital investment nationwide in the 3rd quarter of 2007.

We appreciate your ongoing support and wish you all a happy holiday season. Thank you.

Sincerely,

Ed Longanecker

Executive Director

AeA Midwest Council

630-613-7174 / ed_longanecker@aeanet.org

 

AeA Midwest Council Featured Member

Nanophase Technologies  (Nasdaq: NANX)
Driving Product Innovation, Today

Nanophase Technologies Corporation is a leading nanomaterials innovator and commercial manufacturer of unique nanomaterial products.  Our customers employ these nanomaterial products to significantly improve the performance their products – such as scratch resistance, UV resistance, mechanical strength, and polishing finish.  Nanophase serves diverse markets as the following list illustrates: personal care, sunscreens, coatings and plastic additives, architectural paints, textiles, printed electronics, and semiconductor (CMP) and optical polishing. 

Our business model is based on strategic market partners and direct customer sales.  Our market partners are typically global companies which occupy a market channel, such as BASF (personal care and sunscreens), Rohm and Haas (CMP polishing), and BYK (coating and polymer additives).  Nanomaterials are new to the market place and Nanophase constantly explores new applications and works collaboratively with customers to reduce the cycle time for new product innovation.  The Company markets its products to target industries and customers, including multinational corporations and Fortune 500 companies, in the U.S. , Europe and Asia .   

Nanophase uses patented and proprietary integrated nanotechnologies to create products with unique performance attributes.  Nanomaterials typically provide multiple benefits in application.  For example, nanosized zinc oxide provides transparent, UV protection, as well as other application specific advantages in markets from cosmetics to paint additives.  The Company has complete capability from application development through pilot quantities to commercial production in metric tons.  As of November 1, 2007, the Company owns or licenses 19 U.S. patents and patent applications and 48 foreign patents and patent applications. 

Nanophase created an integrated platform of nanomaterial technologies which deliver nanomaterial solutions for targeted market applications.  Nanophase’s technologies consist of two nanoparticle manufacturing processes, nanoparticle surface treatment technologies, and dispersion technologies.  Our nanoparticles are unique – they are nanocrystalline metal oxides, typically 5-100 nanometers in diameter, and are dispersible as discrete nanoparticles.  Nanophase applies surface treatment to the nanoparticle to manipulate electrical, mechanical, optical and other application properties.  Products are available as nanoparticles and surface-treated nanoparticles, but the greatest demand for our products is in dispersed format.  Our nanoparticle dispersions are stable in aqueous or organic media, and formulated to provide Nanophase’s market partners and customers with a nanomaterial product in a readily usable format.

Nanophase has extensive R&D facilities and application laboratories, as well as manufacturing capacity based in two Chicago area locations.  Nanophase’s state-of-the-art facilities are certified to ISO 9001:2000, the internationally recognized standard of manufacturing and quality excellence, ISO14001:2004, the international environmental standard and are cGMP compliant.  All processes are practiced under Lean Six-Sigma discipline with the capability to manufacture precisely to application requirements.  Nanophase employs a cellular, team-based manufacturing approach to continuously advance production capabilities.  We have 100% shipping performance to customer requirements and 99+% customer satisfaction rating.  

AeA Member News & Announcements:

AeA Midwest Member News for November

Unitedhealthcare and Advocate Health Care Sign New Long-Term Agreement

47+ High-Tech Companies Join NEW AeA Health care Program - Compare and Save Today!

AeA Announces Date for 2008 Micro Cap Investor Conference-May 4-6, 2008

Midwest Venture Summit - May 17-18, 2008

AeA Launches NEW Member-to-Member Discount Program

Get the Latest High-Tech Industry News

AeA Committees & Industry Working Groups - Join Today!

Complimentary AeA Member Office & Conference Space in Eleven US States & Abroad

Upcoming AeA & Supported Events:

AeA Midwest CFO Committee Meeting – December 7, 2007

AeA Midwest Board of Directors Holiday Lunch – December 14, 2007

AeA Executive Forum - Exit Strategies for High Tech – January 15, 2008

AeA Midwest Procurement Committee Meeting – January 24, 2008

Midwest Venture Summit - May 17-18, 2008

AeA National Event Calendar

From the Desk of...Chris Hansen, President & CEO, AeA

An Introduction from the New AeA President & CEO

It is my honor to join you as President and CEO of AeA. I’ve had the sincere pleasure of meeting several of you at the last Board meeting in San Jose where my CEO confirmation occurred.  I am now speaking with the Board members and staff to listen and learn.  I am also planning my first trip to California and will continue to set-up face-to-face meetings with members and staff.  I want to learn more about your companies and hear thoughts regarding the benefits of AeA membership and what you think we can do to improve the benefits.  I also want to understand what kinds of engagement provide the most value for you.

By way of introduction, I will share my biographical information (read below).  By many ways, I feel that coming to AeA allows me to fully connect the various aspects of my career.  I spent 26 years of my career in the aerospace industry.  That time was divided between Boeing and General Dynamics where I became familiar with the technologies that a number of AeA companies provide the aerospace industry.  I have directed large organizations since 1983 and have focused particularly on Government Relations and Management of distributed operations with strong regional and state components.  I understand and value how effective such organizations can be.  For AeA to be fully effective, we need to leverage all of our parts:  state, federal, international, and fully engage our membership so that our grassroots and grasstops (you) have the voice and the influence you deserve.

Beyond my personal interests and professional experiences with technology, I have been impressed with AeA’s work on competitiveness and agree with our continued message that even if the U.S. were doing everything right (which we are not) other countries are catching up by copying from our playbook from years past.  We must act today to guarantee our future economic competitiveness tomorrow.

During my aerospace career, I particularly enjoyed working closely with engineers.  I have always appreciated their talent and pragmatism.  Their ability to create, invent, and manage programs that have huge value to our society has always inspired me.  Government needs to renew our focus on and investment in science, math, and engineering education today.  They also need to entice the best and brightest to come into the U.S. through high-skilled visas; and provide a permanent R&D Tax Credit.  If we don't do this other countries who are more focused will have a major advantage in the world marketplace.  We will need to continue to be aggressive in this area.

As I work with Bill Archey (bio) and AeA staff, I have heard many anecdotes of what great things we have been able to offer to our members.  In the few weeks that I’ve been on the job I’ve witnessed the publishing of a new AeA paper on the benefits of Telemedicine, received confirmation that Steve Ballmer will deliver the keynote at our annual Technology for Government Dinner in June, and I have also learned of many of our significant state legislative successes. 

I have every intention of building upon our current regional and state investment so we can continue to expand our presence and influence.  I will be traveling to each council in the coming months.  I look forward to meeting as many of you as I can during these trips.  If you’d like to reach me to introduce yourself before then, please contact my executive assistant Denise Robanos.

Together we should expect a strong future!

Sincerely,

Chris Hansen
President & CEO, AeA

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AeA Efforts Contribute to 285-132 Vote by House Approving Peru Free Trade Agreement

For the past two years AeA has been actively lobbying Congress along with a broad coalition of business groups to approve the pending free trade agreements with Peru, Panama, Colombia, and Korea.  On November 8, 2007 the House finally approved the Peru FTA with a strong bipartisan vote that included 109 Democrats voting in support of the trade deal.  Key to this successful vote was an agreement worked out between the Administration and House leadership last May on adding labor and environment provisions to the agreements.

AeA helped build support in the House by organizing meetings with over 50 offices during the past year to explain the benefits of the agreements for the high-tech industry.  The reports developed by the AeA research team on high-tech trade with Peru, Panama, Colombia and Korea provided persuasive data in support of the agreements.  In addition, Rob Mulligan, AeA Senior Vice President International, spoke about the benefits of the FTAs for high tech to Senate and House staff in two separate briefings organized by the high-tech industry.

Despite this strong show of bipartisan support for the Peru FTA, it may still be very difficult to get the remaining agreements with Colombia, Korea and Panama approved by Congress next year.  Most of the Democratic presidential contenders have indicated their opposition to these agreements and the Unions are expected to aggressively lobby against at least the Colombia and Korea FTAs.  In this environment, it may be especially difficult to get the Democratic leadership in the Senate and House to vote on the trade agreements.  The Administration is working very hard to build support for the Colombia FTA and AeA will continue to work with other business groups to press for action on the agreements that would open new opportunities for our members.

For more information on the trade agreements please contact Rob Mulligan, Senior Vice President International, at 202.682.4452.

Rob Mulligan (bio)
Senior Vice President International


For more information on the International Issues affecting your company, visit:

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Students and Former Astronauts Stress the Need for Continued Government R&D Funding of Innovation

The Task Force on the Future of American Innovation, a coalition of scientific, business, and university organizations that AeA Co-Chairs with the Intel Corporation,  has named Adan Vielma, a senior communications major at Lewis & Clark College, as the winner of its 2007 National Innovation Video Contest.

Adan’s video wowed the judges by effectively linking the importance of federally funded research to innovations such as the MRI and GPS that have revolutionized our society.  You may watch the video as well as find links to the four additional runner-up videos below.

The task force launched the competition in August as part of a Congressional lobbying campaign to keep the U.S. globally competitive by reinvesting in science, math, and engineering research and education.

The winning video and the first runner-up from Delaware State University were shown during a Capitol Hill briefing entitled "Sputnik in the YouTube Age" on November 8.  The program was co-hosted by the Congressional Research & Development (R&D) Caucus and also featured two prominent former astronauts – Dr. Mae Jemison, the first African-American woman to travel into space, and Dr. Kathryn Sullivan, the first American woman to perform a space walk discussing the importance of government funding of R&D.

Participants throughout the country submitted entries on YouTube for the contest, which required them to show how federally funded research has led to innovations that have changed our lives.

Rep. Rush Holt (D-NJ) and Rep. Judy Biggert (R-IL), the co-chairs of the R&D Caucus, also spoke at the event which focused on asking Congress to reignite the investment spark of 50 years ago, when the Soviet Union launched Sputnik, to today's threat of increased global competition.


Rep. Judy Biggert (R-IL) and Rep. Rush Holt (D-NJ), Co-Chairs of the Congressional R&D Caucus, Speak with Students (L-R)
 
Winning students from Lewis & Clark College and the University of Delaware with former NASA astronauts Mae Jemison and Kathryn Sullivan

John Palafoutas (bio)
Senior Vice President for Domestic Policy & Congressional Affairs

Winner from Lewis & Clark College in Portland, OR:
 

Runners-up:

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Attend AeA's State Government Affairs Conference; Updates to Taxing Tech in MD and Online Safety in NJ

Join Chris Hansen, AeA's new President & CEO, to plan the future of AeA's State Government Affairs program on January 23-24 in San Francisco.  Members will also discuss the latest legislative developments in the states and set AeA's priorities on broadband, e-commerce, RFID, and other hot issues.

The meeting will be held at the Le Meridian Hotel in San Francisco, CA.  Register today at www.aeanet.org/SGA08 or by contacting Israel Shamir at 202.682.4455.

For examples of information to be discussed at this meeting, please review these recent activities of the state program in Maryland and New Jersey:

Maryland's Taxing Technology

Before the Maryland State Assembly adjourned its special session on November 19, lawmakers included a new 6% sales tax on computer services in its budget measure.

AeA staffers made several trips to Annapolis in order to fight this measure and to testify before the House Ways and Means Committee in opposition to this provision.  After lawmakers indicated that this controversial new tax would not be included in the final bill, the estimated $200 million per year in revenue expected to be raised in by taxing computer services was too tempting to overcome.  The revenue-raising provision was included in the final legislation with an agreement to revisit the measure in five years to assess the tax's effects. 

Computer services subject to the new tax include programming services, computer system planning, and hardware and software installation and maintenance.  For more information on this issue read AeA's letter to House Ways and Means Committee Chairwoman Sheila E. Hixson urging the legislation to exclude the new tax or contact Marie Lee, Director/Counsel, Finance Tax Policy, at 202.682.4445.

AeA Testifies in New Jersey ID Theft & Internet Dating Safety Hearings

Also on November 19, Linda Klose, AeA's Executive Director of the New Jersey-Pennsylvania Council, was in Trenton to testify in opposition to the identity theft (A. 4413) and Internet dating safety (S. 1977) bills being heard.

The identity theft bill would have held businesses strictly liable to financial institutions for any security breach they report, even when the security breach is not their fault.  AeA opposes such regulations because retailers’ obligations to pay damages to a bank are already effectively governed by contracts between retailers and acquiring banks.

The Internet dating safety bill law would require Internet dating services to notify customers whether criminal background screenings have been performed as well as detail other safety measures.  However, AeA believes that criminal background checks provide users of online dating with a false sense of security and are unreliable because of fraud and problems getting information from states with different laws.

Benjamin Aderson (bio)
Manager/Counsel, State Government Affairs

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Microsoft Corporation CEO to Deliver Keynote at
AeA Technology for Government Dinner

AeA is excited to announce that Steve Ballmer, Chief Executive Officer, Microsoft Corporation, will deliver the keynote address at the 2008 AeA Technology for Government Dinner.  The annual dinner is the premier Washington, DC networking event bringing hundreds of industry, congressional, and government leaders together at one venue.

Mr. Ballmer is Chief Executive Officer of Microsoft Corporation, the world's leading manufacturer of software for personal and business computing.  During the past 20 years, Mr. Ballmer has headed several Microsoft divisions, including operations, operating systems development, and sales and support.  In July 1998, he was promoted to President, a role that gave him day-to-day responsibility for running Microsoft.  He was named CEO in January 2000.  Together with Bill Gates and the company’s other business and technical leaders, Ballmer is focused on continuing Microsoft’s innovation and leadership across the company’s seven businesses.  Microsoft’s goal is to provide an integrated platform to enable a seamless experience across a wide range of computing and non-PC devices and services.

More than 600 people attended the 2007 AeA Technology for Government Dinner including Chief Information Officers and procurement officials from several federal agencies, Members of Congress and their staff, CEOs and senior executives representing high-tech companies, and officials from the Administration.

This year, the dinner will be held on Tuesday, June 3, 2008, in the Independence Ballroom at the Grand Hyatt in Washington, DC.  For more information about the annual AeA Technology for Government Dinner, please visit www.aeanet.org/t4g2008 or contact Goldy Kamali at 202.682.4432.
 

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Executive Education

Early Applications Now Being Accepted for 2008 AeA/Stanford Executive Institute - Apply by January 7th and Save $1500

Join high-tech executives from around the world at the 2008 AeA/Stanford Executive Institute, being held on August 10-21. During eleven intensive and invigorating days on the Stanford University campus, attendees advance their business and leadership perspectives, explore operational best practices, and address critical technology industry challenges with colleagues and top professors in high-tech management.

With an accelerated MBA-style format, renowned business and engineering faculty, and a technology industry focus, the Institute has assisted over 3,500 executives address the pressures of fierce global competition and rapid innovation since 1975.

Apply online by January 7, 2008 and receive $1,500 off tuition. In addition, companies that send three or more executives receive a team discount of 5% per attendee. To hold your company spots or request more information, visit www.aeanet.org/stanford.
 

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Business Networking

If your company would like to expand its visibility with other AeA members, enroll today in the AeA Member to Member Discount Program.  Visit www.aeanet.org/MtoM for complete details and an application and don't forget when you are shopping for technology products and services to check the directory for potential savings from fellow AeA members! 

New AeA Member to Member Discount:

  ES Holdings, LLC (dba Employ Solutions)
  U.S. Headquarters - Dallas, TX
ES OnDemand will provide any active AeA member with a 20% discount from standard pricing of monthly service fees, based on size of employee base and services retained.  Custom web design and custom software development fees are specifically excluded from this offer.  To obtain this discount, AeA members should advise us of their AeA affiliation at (877) 453-8814.
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Access to Investors

AeA Micro Cap Logo

Showcasing 100 Companies with up to $200M Market Cap Or Revenues