2010’s Top Technology Named at Sold-Out Global Tech Forum
Orthogonal, the NY-Based Developer of an Advanced Material for Flexible Electronics, Wins WBT2010’s Platinum Prize
ARLINGTON, Texas--(BUSINESS WIRE)--Ithaca, NY-based company Orthogonal has developed the top technology of 2010, according to judges for WBT2010, the nation’s premier forum for emerging technologies. WBT2010 platinum, gold and silver winners were announced at last night’s awards dinner for the two-day showcase, in which over 90 technologies competed.
“Orthogonal’s next step is to acquire more customers, and this prize will be something great to tell them,” said platinum prizewinner Fox Holt, CEO of Orthogonal. Mr. Holt said that Orthogonal’s photoresist, licensed by Cornell University, will enable electronics manufacturers to produce a new class of higher-profit margin flexible electronics.
WBT2010’s second place gold prize went to Astronix Research Corporation of Virginia, developer of an advanced e-beam analog to digital converters. Placing third with the silver prize was Texas-based FiberRio Technology Corporation, whose Forcespinning™ technology creates fibers with nanoscale diameters.
WBT2010, held in Arlington, TX, drew over 600 entrepreneurs, angel and venture investors, commercialization experts, federal agencies and technology licensees. Organizers of the annual showcase said that WBT2010 was the largest in WBT history, attracting at least eight federal agencies and major sponsorships from Lockheed Martin, Accenture and Roche Diagnostics.
“You could say that WBT2010 an eight-year overnight success story,” said Paul Huleatt, WBTshowcase CEO. “Essentially this sold-out event is the product of a long track record in bringing the best emerging technologies to market, eight years of collaboration with federal agencies and universities, and a committed host in the Center for Innovation at Arlington.”
WBT2010 organizers say the annual forum has mentored over 560 entrepreneurs to date.
“I attend WBT each year because I get to see 90 deals in one day – that’s how you become a venture investor,” said John Adler, Silver Creek Ventures General Partner. “It’s obvious that WBT presenters have been coached and have learned something in the process.”
WBT2011 will be held March 22-23 in Arlington-DFW, Texas.
WBT is the world’s premier event exposing undiscovered, revolutionary energy, life science, IT and physical science technologies emerging from top universities, labs and research institutions. Each WBT is a year-long collaborative effort resulting in deals vetted and mentored by investors and licensees for investors and licensees. www.wbtshowcase.com
Patti D. Hill