Employment Articles And Top Paying Jobs

ThreeFold Sensors Receives Second Traunch of $2.6 Million Funding from 21st Century Jobs Fund

Ann Arbor, MI (PRWEB) August 16, 2007 -- ThreeFold Sensors, Michigan's premier point-of-care diagnostic platform (www.threefoldsensors.com) developer, today announced that it has completed the first major development milestone specified in its 21st Century Jobs Fund award, significantly ahead of schedule. In recognition of this milestone, the company has received a second investment tranche of $700,000 from the State of Michigan's Strategic Economic Investment and Commercialization ("SEIC") Board, following 21st Century Job Fund's initial award of $1,400,000. Threefold Sensors intends to use this additional investment to continue the development and commercialization of its patented biosensor technologies.

ThreeFold Sensors designs and develops compact, biosensor instrumentation and biosensor assays for the medical diagnostic market. Its unique, small footprint, biosensor platform technology, allows medical diagnostic tests to be performed at the point-of-care (www.threefoldsensors.com), with clinical lab accuracy and sensitivity, in only six minutes. Using its innovative technology, ThreeFold Sensors is focusing on delivering rapid, highly sensitive test results to critical care providers for "life and death applications," when every minute of diagnosis counts.

ThreeFold Sensors was among 78 companies and institutions awarded funding after an independent, peer-review process conducted by the American Association for the Advancement of Science ("AAAS"). The original field of 505 applicants was narrowed to 179 finalists that underwent intense, individual interviews by AAAS experts, who made final recommendations to the SEIC board. The board then chose 78 highly rated proposals to share approximately $126 million in funding. Based on the strength of its proposal, ThreeFold Sensors was awarded a total of $2.6 million, one of the Fund's higher awards.

"The 21st Century Jobs Fund selection process truly focused on choosing the very best and most promising proposals for funding," said MEDC President and CEO, James C. Epolito. "ThreeFold Sensors has clearly demonstrated that its advanced technology has the potential to grow the company and lead to new job opportunities for Michigan workers. Through the 21st Century Jobs Fund, we are pleased to invest in that opportunity."

"We are honored to be among the 'crème de la crème' of biotech companies the SEIC has recognized with its funding selections, and we are thrilled that our fast track development has garnered $2.1 million of our $2.6 million total award from the 21st Century Jobs Fund," said co-founder and CEO, Judith Erb.

In addition to the 21st Century Jobs Fund $2.6 million award, the development of ThreeFold Sensors' patented biosensor technologies has been supported by approximately $11 million dollars in NIH and DOD Small Business Innovation Research grants.

About the 21st Century Jobs Fund

The 21st Century Jobs Fund is a $2 billion, ten-year initiative administered by the Michigan Economic Development Corporation (MEDC) to accelerate the diversification of Michigan's economy. The commercialization component of the initiative devotes approximately $800 million for competitive-edge technologies in the targeted sectors of life sciences, alternative energy, advanced automotive materials and manufacturing, and homeland security/defense. For more information visit the website at http://www.michigan.org/medc/ttc/21stCentury

About Threefold Sensors

Founded in 1991, Ann Arbor-based IA, Inc. is doing business as "Threefold Sensors". ThreeFold Sensors designs and develops compact biosensor instrumentation and biosensor assays for the medical diagnostic market. ThreeFold Sensors holds 9 U.S. patents with one international and 3 U.S. patent applications pending. The company has been funded to date by its founders, $11 million in SBIR grants and a $2.6 million 21st Century Fund award. For more information, visit the website at http://www.threefoldsensors.com

Contact: Judith Erb

(734) 995-9338 x20

jerb @ threefoldsensors.com

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

University of North Carolina Will Offer NAPSR CNPR Training (Pharmaceutical Sales Certification) -- Vocational Training for Pharmaceutical Sales - NAP
The National Association of Pharmaceutical Sales Representatives (NAPSRx®) is happy to announce that it has reached an agreement to begin offering the NAPSR - Certified National Pharmaceutical Representative -CNPR (Pharmaceutical Sales Certification) training program through the University of North Carolina and Gatlin Education Services.

Design School in Chicago Introduces Career Training to Students
IADT - Chicago offers open house events designed to inform students on the career training for a variety of career fields.

MLM Training- The New MLM Distributors Getting Started Checklist
A List for MLM Success.That is what I am talking about here.

The Network Marketing and MLM Training Illusion
Today those entering the arena don't do so on the basis of network marketing and mlm training so that we can do cold canvass calling for prospecting purposes or sales purposes. However, practically all the training materials that are being sold today essentially points us in that direction along with post cards, card decks and fliers.

xTrain Announces Revolutionary Online Video Training Programs
xTrain.com, the leader in online video training for media, arts, and design, is proud to announce its revolutionary online video training programs are now available to the general public.

New SyberWorks Media Center Article: "Competency Management and Training Plans in Learning Management Systems (LMSs)"
SyberWorks, Inc., a leader in custom e-Learning Solutions and the Learning Management System (LMS) industry, today announces a new article available in the SyberWorks Online Media Center: "Competency Management and Training Plans in Learning Management Systems (LMSs)" by Dave Boggs, CEO of SyberWorks, Inc.

Dispelling Myths About Healthcare Careers
So you want to go into a healthcare career-but you've heard some rumors: "You need a four-year degree" or "There are not many places you can train to become a therapeutic masseuse." Such myths can stop you before you even get started. But these fallacies are just that-untrue misconceptions.

State Agencies Looking to iLinc Web Conferencing Technology for Training, Collaboration: Arizona, Utah, Oregon, Louisiana Among States Using iLinc
Government organizations faced with critical communications technology decisions are influenced by factors unique to the public sector including security mandates, regulatory statutes, preparedness and telework initiatives all while continuing to meet high performance expectations. Recently several state governments have turned to iLinc Communications, Inc. (AMEX:ILC), a leading developer of Web conferencing software and audio conferencing solutions, to provide that balance between performance and security.

Malpractice in Medicine Costs Careers
Every now and then, critical illnesses have become entirely alarming these days and most come from various origins And mind you, these illnesses are not simple issues that you can ignore

Business & Legal Reports (BLR(R)) Launches Online Employee Training Center: Turnkey setup with automatic tracking helps organizations stay
Business & Legal Reports, Inc. (BLR(R)) today launched a new Web-based Employee Training Center for online training of federal and state mandated safety and HR-related issues. BLR is an award-winning publisher dedicated to supporting companies with up-to-date HR, Compensation, Safety, and Environmental analysis, training, and regulatory compliance information. The new BLR Employee Training Center provides organizations with a complete Web-based training center with turnkey setup of courses, testing and documentation of employee training sessions and helps to keep organizations protected during an audit or legal proceedings.

Dog Training Collars -- Proper Selection Leads To Training Success
The proper selection of a training collar can have a significant impact on the success of any dog training program. Most new dog trainers make the mistake of choosing a dog collar that does not allow for adequate control during the training sessions.

A Guide to Successful Obedience Training
Showing off your dog in front of friends and family is something that I personally love to do. Having an obedient, happy slab of lab is like having an obedient happy child.

Free Computer Training DVD for Schools
Maximum Software, a leading computer software company, announces the availability of their new Computer Training DVDs for free to schools in the US. Qualified educators can receive the 2 DVD set containing over 50 hours of training covering: Windows, Access, Word, Excel, Power Point, Dreamweaver MX, Flash MX, Photoshop, Photoshop CS, Visual Basic and more.

Oilfield Forum - Employment Opportunities & So Much More
When most people think of oilfield professionals, they think of drillers and other well site workers. But did you know that the oilfield industry is also made up of scientists, researchers, marketing professionals, and transporters? There are oilfield jobs to suit every interest - from finding well sites, to developing safer and more efficient drilling techniques, to finding new ways to protect the environment. Engineers play a huge part in the industry. And, of course, the drillers are indispensable.

Video Gaming: A Career Opportunity
Video games have exploded into a multibillion dollar a year business. Every year new video games are produced, and people of all ages flock to stores to pick up the latest titles. I have been playing video games since the very first year that the Atari game system came out. My generation was the first that embraced the idea of video games, but succeeding generations have turned the industry into what it is today. Playing video games is a blast, but the popularity of gaming has also turned into a career path.