PC Laptops to the Rescue — Once Again

South Jordan-based PC Laptops made news yesterday by announcing they will offer lifetime service & support to all owners of PC Club machines [Disclosure: a Politis Communications client]. PC Club recently filed for Chapter 7 bankruptcy and as a result left its customers high and dry.
Read the article about PC Laptops in the Daily Herald.

High-Tech News from Utah for 2-22-08

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I apparently missed this release that ACULIS distributed last Friday, 2-22-08, specifically:
5:55 a.m. (EST) ACULIS and UVSC Partner to Construct an Advanced Software Testing Lab

Utah’s Tech-related News Announcements for 2-21-08

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Another spate of technology-related news announcements hit the commercial wire services today for Utah-based and/or Utah-related companies.
Shown below are the respective headlines and distribution times, including hotlinks to the respective releases themselves.
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5:50 a.m. (EST) ACULIS CEO James Stone Appointed President of UVSC’s Computer Science Industrial Advisory [...]

2008 Investors Choice Venture Capital Conference Kicks Off with Gala Reception

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I hit the Gala Reception tonight of the 2008 Investors Choice Venture Capital Conference, an event held from 6 to 9 p.m. at the Alta Club in Salt Lake City. It was a fun gig.
In addition to bringing Dean Cummings, 1995 World Champion Extreme Skier, as my guest to the event, I was also joined [...]

ClearOne Solidly in the Black and Growing

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ClearOne Communications (NASDAQ: CLRO) today released results from its second quarter for fiscal 2008 (ended 12/31/07), and it’s clear to see (no pun intended) that the company is solidly back on track. (Here’s a link to this morning’s announcement.)
In a nutshell, revenue for the quarter was $10.8 million up seven percent from the year ago [...]

TenFold at Death’s Door?

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TenFold (OTC BB: TENF) announced Wednesday that it is slashing its workforce by 40 percent, effective immediately, and that it may be forced to “terminate operations.”
According to the company news release about the layoffs, the company had expected to close “additional business” by the end of 2007, deals that were not signed.
Even though TenFold’s cash [...]

24th Annual Investors Choice Venture Capital Conference Details Set by the Wayne Brown Institute

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Local, regional and national investors will be heading to the Zermatt Resort & Spa in Midway, Utah on February 8 to attend the 24th Annual Investors Choice Venture Capital Conference.
Produced by the Wayne Brown Institute, this year’s Investors Choice Conference will showcase presentations from 23 different companies seeking early or late stage funding.
Here’s a link [...]

Utah Loses a Biotech Pioneer with the Passing of James LeVoy Sorenson

James LeVoy Sorenson, billionaire biotech pioneer, died Sunday of prostate cancer. He was 86.
Sorenson’s influence on Utah’s biotech community began in 1957 when he co-founded Deseret Pharmaceutical. In 1962, a formed Sorenson Research, which he later sold to Abbott Laboratories.
A quick visit to the Sorenson Companies Website shows nine different biotech or high-tech entities within the Sorenson [...]

Utah Tech Watch News Flash: AdvancedMD Bought by Private Equity Firm, Francisco Partners

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DRAPER, Utah & SAN FRANCISCO — Draper, Utah-based AdvancedMD today announced it has been acquired by Francisco Partners, a private equity company with $5 billion under management.
Financial details of the transaction were not released.
AdvancedMD’s current CEO, Jim Pack, will relinquish his position with the company; John Trzeciak, a healthcare advisor at Francisco Partners, will assume [...]

ContentWatch acquires Net Nanny from LookSmart

Salt Lake City-based ContentWatch announced yesterday afternoon that it has acquired Net Nanny from San Francisco-based LookSmart (NASDAQ: LOOK).
Historically perceived as a market (if not a technology) leader in the Internet filtration/parental controls marketplace, Net Nanny has become something of an orphaned/abandoned product within LookSmart as management has decided to focus the company on the [...]