AeA New Jersey-Pennsylvania Council Newsletter, September 2006

This newsletter has been sent to you by AeA, Advancing the Business of Technology, the nation's largest high-tech industry association, because it contains information that we believe you will find useful. For more information about AeA, or anything discussed below, visit www.aeanet.org/NJ-PA or contact Sue_Gonzalez@aeanet.org.

Included In This Issue:

I. Upcoming Programs for the New Jersey-Pennsylvania Council

10.12.06 Sustaining the Competitive Edge in the US, Monroe Township, NJ
After decades of uncontested global dominance, the United States is now at risk of falling behind emerging powerhouse nations such as China and India. If we don't move fast to improve our education system, boost research funding and fix overly restrictive immigration laws, the U.S. will soon lose its place as the world's biggest and most inventive economy. Join us as we gather with high-tech executives, politicians, and education representatives to stimulate a call to action by the US Congress...More

03.22.07 New Jersey High-Tech Hall of Fame Induction Dinner, Livingston, NJ
Shining a light on the best and brightest of Technology in New Jersey is the purpose of the New Jersey High-Tech Hall of Fame. The New Jersey-Pennsylvania Council of AeA, along with the Biotechnology Council of New Jersey and the HealthCare Institute of New Jersey are holding their Seventh annual Induction Dinner. Business Leaders, Researchers, Educators, and Government Leaders gather once a year to add new names to the growing roster of those who make this state a leader in technology.

The New Jersey High-Tech Hall of Fame Nominations are now being accepted for induction on March 22, 2007 http://www.aeanet.org/AboutAeA/njsg_HOFNominationsform2007.asp. Previous inductees can be located on our virtual Hall of Fame at http://www.njhightech.org/Inductees.cfm.

*** Do you have an idea for a guest speaker or want to help shape AeA's local events? We invite you to join our Program Committee to plan future programs of interest. For more information, contact Sue Gonzalez at 732.340.1530 x101.

II. News From Our Policy Department

 AeA Releases New Competitiveness Series on the R&D Tax Credit

AeA India Work Group 

The AeA India Work Group was established in response to strong member support for AeA to play a more active role on policy issues related to India and to provide a venue for members to exchange information and experiences related to doing business in India...More

Take a look at the AeA India High Tech News Report dated August 15 - 28, 2006.

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III. New AeA Programs Available

AeA Announces Endorsement of New National Healthcare Insurance Provider
Effective September 19, 2006, AeA will endorse UnitedHealthcare as its preferred national health care insurer offering to underwrite benefits coverage for participating AeA member companies. Our recommendation of UnitedHealthcare is based on a number of important considerations. Specifically, UnitedHealthcare provides:

• Substantially greater geographic coverage around the United States;
  

• Competitive price and plan design options;
  

• Excellent physician and hospital networks;
  

• Global health care solutions available for international employees;
  

• Creative wellness programs - normally available only to the largest companies - designed to proactively help you control health care costs; and
  

• “Best in class” technology solutions integrated throughout all levels of UnitedHeatlhcare’s operations. These solutions make it easier for your employees to access top quality care and include on-line self service tools to make enrollment, plan changes, and filing claims fast and easy.

In fact, UnitedHealthcare is ranked 1st in Fortune Magazine’s 2006 list of the nation’s best performing health care companies.

For member companies already enrolled in the Aetna program, this decision should not impact their current Aetna policy. However, in the future, we urge them to consider what UnitedHealthcare can offer in terms of plan and network offerings, price competitiveness, nationwide distribution, and international capabilities.

AeA encourages you or your broker to ask for details about the new program with UnitedHealthcare, which will be available starting September 19.

You may call either Eric Meyer, AeA Senior Vice President for Insurance Services at 202.682.4430, or contact the Dedicated UnitedHealthcare AeA Sales Team at 1.800.809.9581 (8:30 pm to 5:00 pm Mon-Fri).

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AeA Members saved over $161,000 Utilizing Shipping & Freight Program
In its first year, the AeA Shipping and Freight Savings Program has already improved member's bottom lines by $161K! One company saved as much as $11K on FedEx Express, while another shaved $7,000 off their Yellow and UPS FreightSM (formerly Overnite) less-than-truckload bills. Enroll in this free member benefit program and start saving right away. Go to http://www.aeanet.org/shippingonline. There are no limits, no minimum shipments and you get to keep your current FedEx account number. Visit http://www.aeanet.org/shipping, contact PartnerShip at 800.599.2902 or email shipping@aeanet.org for more information.

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Hard Case for Video and Webconferencing
Ever spend 1.5 days traveling to a 90 minute meeting? Did you know that 70% of business travelers are stressed by business travel?

Leverage your AeA membership to take advantage of a wide range of benefits available to you. Visit http://www.aeanet.org/businessservices/businessstart.asp

DRS Technologies, Inc., leading provider of high-technology defense products and services to government and commercial customers worldwide, announced that Jason W. Rinsky has joined the company as SVP, corporate taxation. Mr. Rinsky previously was employed with PricewaterhouseCoopers LLP, where he worked in various positions of increasing responsibility, providing tax services to multinational corporations. Mr. Rinsky earned a Bachelor of Arts degree from Hamilton College and Juris Doctorate and Master in Business Administration degrees from Seton Hall University

DRS also awarded merit scholarships to 21 students whose parents are employed by the corporation. These scholarships are granted annually under the DRS Technologies Scholarship Program established in 2001 to recognize academic excellence in children of DRS employees who are continuing their education through college or vocational school programs. Up to 21 scholarships are now awarded each year.

New Jersey-Pennsylvania Council's Newest Members

Business Advancement, Inc.

Ceragon Networks, Ltd.

The Delaware Valley Industrial Resource Center

Prithvi Information Solutions

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V. Gain Visibility to Potential Customers - Advertise on AeANET

Is your company promoted to its best advantage on AeA's Online Member Directory? 

Or contact Julia Ostrowski with AeA's Database team at 408-987-4255 and she will be happy to help.

Join us at this exclusive conference for privately held technology companies with revenues from $5 to $75 million. The Conference will bring together key investors and top executives from growth-oriented, privately-held high-tech companies. Expected to draw up to 30 growth oriented companies, the event offers an intimate setting to capture the interest of investors and build strategic alliances. Companies will have an opportunity to conduct "fast pitch" presentations and then network with private investors, finance professionals, investment bankers, senior lending, and mezzanine lenders in a casual setting.

Attendees will also hear from additional speakers and panelists, knowledgeable in the challenges facing private high-tech company today, including:

To apply or for information, contact Tina Morais at 408.987.4234 or visit http://www.aeanet.org/CapitalConference.

AeA Annual Medal of Achievement Award Dinner
Fairmont Hotel in San Jose, CA ~ October 18, 2006

The AeA Board of Directors cordially invite you to join us for an elegant evening in San Jose honoring Chuck Geschke and John Warnock, Co-Founders and Chairmen of Adobe Systems, Incorporated, 2006 recipients of the prestigious AeA Medal of Achievement Award for their significant contributions to the advancement of the high-tech industry and for distinguished service to the community, the industry and humankind. For more information visit http://www.aeanet.org/Events/svcg_MOA2006OnlineBrochure.asp

The AeA Classic Financial Conference
Monterey Conference Center - Monterey, CA ~ November 5-8, 2006

AeA is pleased to announce Commissioner Paul S. Atkins of the Securities and Exchange Commission will speak at the 36th Annual AeA Classic on Tuesday, November 7, 2006. The conference will feature presentations from public AeA member companies with a market cap or revenues of $100 million to $4 billion. Presenting companies benefit from the opportunity to gain visibility and develop business contacts with 700+ investors in one location. Attendees rave about the small group format, which allows for an effective exchange of information and networking. Join the list of presenting companies - spots are filling quickly. Contact Melissa La Vigna at 408.987.4236 or http://www.aeanet.org/Classic for more information.

If you think this information is important to your colleagues, forward this newsletter and encourage them to sign up. Subscribe/Unsubscribe to this and other important AeA Newsletters at to receive their own copy at http://www.aeanet.org/newsletters.

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AeA New Jersey-Pennsylvania Council Team

472 Westfield Avenue, Suite LL3
Clark, NJ 07066    (Directions)
Phone: 732.340.1530
Fax: 732.340.1533

Linda Klose, Executive Director,  x103
Sue Gonzalez, Program Coordinator, x101

 

This page was last updated on 09/12/06.  
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