News

SIX MD. COMPANIES AWARDED $50,000 EACH FROM TECH TRANSFER FUND
June 22, 2004 - Columbia, MD -- The Maryland Technology Development Corporation (TEDCO) said on Tuesday that it has awarded six state companies $50,000 each from its Maryland Technology Transfer Fund. The six companies -- Frederick-based Atlantic Biomass Conversions, Gaithersburg-based AriaVax, College Park-based Chesapeake Perl, Baltimore-based Diagnosoft, Rockville-based DVIP Multimedia and College Park-based Innovative Biosensors -- will use the funding to continue researching and developing their respective technologies. Applications for the fund are accepted continually and reviewed monthly by representatives from TEDCO and the Maryland Department of Business and Economic Development.

DVIP ENTERS AGREEMENT WITH KEY GOV'T AGENCY
May 4, 2004 - Rockville, MD --- Early stage digital imaging company DVIP Multimedia (DVIP), developer of advanced imaging software technology for homeland security, announced today that it has entered into a two-year cooperative research and development agreement with the National Geospatial-Intelligence Agency (NGA), Reston, VA. Under this agreement, the NGA will explore the technical utility of DVIP's "in-situ" digital imaging technology in NGA imaging tasks. "This agreement is a significant milestone in DVIP's effort to heighten the information gathering capabilities of systems where critical decisions are made from digital (video) images," says Dr. Damon Tull, CEO of DVIP. DVIP technology is inspiring 'smart cameras' that will simplify the analysis, correction, and manipulation of digital images and video in surveillance and photography.