SUCCESS STORIES

Florida's Great Northwest WIRED Entrepreneurship Grant Award

:::Featured Recipient: Entrepreneurship Grant Award - ActiGraph, LLC:::

Business Summary:

Located in Fort Walton Beach, FL, ActiGraph, LLC is the result of a business venture spin-off from Manufacturing Technology Incorporated in April of 2004. The company designs, manufactures and markets activity monitors utilized extensively by the research and medical community to study such items as activity levels, ADHD, obesity, Type II Diabetes and sleep disorders. Originally designed for use by the US Army Ranger program and currently deployed in forty countries around the world, the devices are FDA cleared, portable, body worn and have been independently verified to be the most reliable and accurate measure of activity monitoring on the market today.

ActiGraph sales exhibited a 20% growth from 2003 to 2004, greater than 70% growth from 2004 to 2005 and expects growth in excess of 40% for 2006. Similar growth is expected beyond 2006 due to further penetration into existing markets and through entrance into new markets.

Grant Received: $100,000

Grant Match: $200,000

For more information on the WIRED grant? Click here to go to explore the Access to Capital / Entrepreneurship Grant, used as Seed Capital.

TECHSOFT

:::Awarded Prime SeaPort-e Multiple Award Contract:::

The contract will allow TECHSOFT to provide engineering, technical, and programmatic support services to the U.S. Navy and the Marine Corps. The award is a result of the recent SeaPort-e Rolling Admissions solicitation that expanded the SeaPort-e user base from the Naval Sea Systems Command, its field activities and affiliated Program Executive Offices.

SeaPort-e is an electronic, web-based portal where requests for services are managed from "cradle to grave." This paperless system promotes time efficiency and a reduction in administrative costs. Competition on a task order basis results in cost savings in addition to the already capped fees and pass-through rates established on the SeaPort-e multiple award contracts.

COGON SYSTEMS, INC.

:::Presents at 2006 Florida Venture Capital Conference:::

Cogon Systems Inc., a leading provider of clinical information technology solutions for healthcare enterprises, announced today it was selected to present at the 2006 Florida Venture Capital Conference. Cogon Systems, Inc. was selected as one of 25 firms from over 300 applicants to present its Business Plan to potential investors. The Company has identified over 20 potential investment firms in attendance whose investment focus is aligned with Cogon’s business plan in seeking a Series A round of funding. The Company previously completed a Seed Funding Round for $960K via a Private Placement of its Common Stock in December 2004.