Date: March 13, 2007
"We are very pleased to have three companies that address a wide range of market needs and include technologies that are critical focus areas for the ATMC, UMass Dartmouth and the region," said John Miller, ATMC Entrepreneur in Residence.
The three companies - Ocean Wave Energy Company, OCI Software, and ZyCal -- will set up shop in the ATMC's Technology Venture Center, an incubator of innovation companies.
Ocean Wave Energy Company (www.owec.com) is developing an innovative technology that will efficiently convert wave energy into electricity. "Ocean waves are a huge, relatively untapped source of clean and renewable energy with the additional advantage of being much more predictable than either wind or solar," Miller said.
The company's product has been designed for offshore deployment where wave energy is higher, environmental and social concerns are lower, and where future development of synergistic energy projects will most likely take place. The company plans to develop funding sources and build prototypes at the ATMC in order to take advantage of the rapidly expanding need for renewable energy.
OCI Software, which is fielding software (AmbuPro EMS) for use by emergency medical technicians, is moving to the center from Dartmouth as part of its goal to become a full service software provider. AmbuPro EMS provides secure and immediate patient and incident information from the site of an emergency directly to the hospital, ensuring appropriate and rapid care when the patient arrives in the emergency room.
The technology also provides accurate billing information. "Currently in use with 30 ambulance services in the region, OCI looks to the ATMC to provide help in expanding their marketing and other business operations," Miller said. "ATMC staff will also help OCI to penetrate the market for emergency services in marine applications."
ZyCal Bioceutical (www.zycalbio.com) is positioning itself to offer innovative, effective, top-quality premium nutritional products that make people's lives better through better bone and joint health. ZyCal will conduct prototype manufacturing at the ATMC and work with center staff in process engineering scale up. The product, which is sold through chiropractors, will be entering test markets soon.
Questions concerning the Advanced Technology Manufacturing Center, its programs to support entrepreneurs or these exciting Technology Venture Center companies should be directed to John Miller, Entrepreneur in Residence, 508.910.9830.