it is quickly approaching that time when students who have made it this far in their portfolio review course have their final "right of passage": their portfolio review evaluation by industry professionals. i know that most of you just enjoy volunteering, however i should mention
we've got quite a few 'rock stars' in our midst this semester, so if you're in need of a rock star, you'll want to be reviewing portfolios so you can snatch them up before someone else does!
although, the students have made it this far, they have not yet passed the course and cannot yet get their degree unless the evaluators give them a passing grade for their portfolio, resume, self-promo and interview (50% of their final grade!). you can expect me to schedule you to meet with approximately 5 students -- each for about 30 minutes per student. evaluation forms and a schedule will be provided upon your arrival, however i've attached a PDF of the evaluation form so you can see what is involved.
we'll need as many volunteer reviewers, preferably with a graphics background, as possible to ensure each of our students gets evaluated by a minimum of two reviewers. if this is something that you or any other qualified coworker/colleague would like to do, please:
1. respond to this post letting us know your interest by Wednesday, December 1st.
2. please let us know if you prefer to interview students with print or web/interactive portfolios (or possibly both).
3. finally, if you could please provide me with your current job title, mailing address, web address and contact information so that students have an opportunity to send thank you cards as well as research your company prior to the interview.
this semester's portfolio review is scheduled for MONDAY, DECEMBER 6TH at 5:45pm - 9:15pm on valencia's east campus in 5-112 (a room hidden behind the cafeteria). sandwiches, snacks and drinks provided. please, let me know if you have any diet restrictions.
for those of you who are new to finding valencia, here is a campus map
and driving directions: http://valenciacc.edu/AboutUs/locations/east_campus.cfm
i look forward to hearing from you by december 1st!
Kristy Pennino - program chair, graphics
http://multimedia.valenciacc.edu/ http://www.vccgraphics.wordpress.com
http://www.flickr.com/photos/vccgraphics
407.582.2864 * east campus 1-223
Friday, November 26, 2010
The Tibbetts Awards nomination process opened November 15, 2010
The Tibbetts Awards are presented to those small businesses and individuals judged to exemplify the best in the SBIR program. The award is named for Roland Tibbetts, acknowledged as the father of the Small Business Innovation Research (SBIR) program, and is presented to companies and individuals that promote the mission and goals of the SBIR program and Small Business Technology Transfer (STTR).
The nomination period will close on December 15, 2010 at 5 PM ET. Anyone can nominate a company and/or individual for a Tibbetts Award - including self-nominations.
More information on eligibility, evaluation/selection criteria, and the nomination process can be found on the SBA website at:
http://www.sba.gov/aboutsba/sbaprograms/sbir/tibbetts/index.htmlSaturday, November 20, 2010
UCF BUSINESS INCUBATOR - ST CLOUD - OPEN HOUSE
Entrepreneur Open House!
Corporate Campus @ Stevens
Wednesday, October 27th
“NO RSVP REQUIRED”
Learn why 87% of entrepreneurs that launch their business in an incubator, are still flourishing 5 years later!
The goal of the UCF Business Incubation Program and its community partners is to facilitate smarter, faster, growth of emerging start-up companies.
We offer Facilities, Services, Resources & Coaching for Entrepreneur Companies!
Get the Discovery Tour to see if your business is the right fit for the UCF fast track to success!
Gordon Hogan – Director of Operations
Jim Bowie – Site Manager JABowie@mail.ucf.edu
Jessica Filter – Program Assistant
UCF Business Incubation Program Information: www.incubator.ucf.edu
UCF St. Cloud Incubator Website: www.incubator.ucf.edu/Locations/stcloud.html
Friday, November 19, 2010
TechAmerica Invitation: From the Investment Bankers Perspective
From the Investment Banker's Perspective: A Quarterly CXO Webinar Series
11:00 a.m. - 12:00 p.m. - Central
12:00 p.m. - 1:00 p.m. - Eastern
Current State of the Information Technology M&A Market - November 19, 2010
- Understand valuations and deal structures and how they are different now.
- Learn five key attributes that sellers must have to entice buyers in today's market.
- What is a negotiated sale, a limited auction and a confidential broad auction and what is the best for me?
- Learn about the emergence of specialized private equity buyers for IT companies.
TRDA Hosts SBIR Forum: "A View from the Trenches"
| Date: December 8, 2010 Time: 2:00 p.m. - 4:30 p.m. |
| Hear from a panel of accomplished entrepreneurs as they describe their insights on the challenges and obstacles they have faced in their pursuit of obtaining federal R&D funding through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Panel members include:
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| Please register at www.trda.org or contact Bonnie O'Regan at 321-872-1050, Ext. 107, or email boregan@trda.org. |
| |
| Contact Us |
| Technological Research and Development Authority |
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|
Wednesday, November 17, 2010
PR: LIGHTPATH TECHNOLOGIES ENHANCES DIRECT-TO-CHINA SALES CHANNELS
LIGHTPATH TECHNOLOGIES ENHANCES DIRECT-TO-CHINA SALES CHANNELS
-Adds Key Personnel and New Distributors to Expand Global Market Presence--
Orlando, FL: November 17, 2010: LightPath Technologies, Inc. (NASDAQ: LPTH), a global manufacturer, distributor and integrator of patented optical components and assemblies, announced today that it has expanded its direct selling channels in China as part of its strategy to deliver high volumes of aspheric lenses to Asian manufacturers of optical equipment.
LightPath Optical Instrumentation Co., Ltd., the Company's wholly-owned Shanghai-based subsidiary, has added an experienced sales engineer to its staff. In addition, the Company has signed two new distributors to create more comprehensive market coverage in China. Daheng New Epoch Technology (http://www.dhxjy.com.cn/) and Diqin Tech Science and Technology (http://www.diqintech.com/), both based in China, provide LightPath with new, valuable selling channels to capitalize on increased demand from Chinese manufacturers.
Jim Gaynor, CEO of LightPath, commented, “LightPath continues to successfully execute a growth strategy that addresses high volume markets in Asia, Europe and the Americas. Our agreements with Diqin Tech Science and Technology and Daheng New Epoch Technology give LightPath significantly expanded exposure throughout China. When combined with our recently expanded distribution agreement with AMS Technologies in Europe, and WPG in the Americas and South Asia, LightPath has dramatically broadened our sales channels around the world.”
About LightPath Technologies
LightPath manufactures optical products including precision molded aspheric optics, GRADIUM® glass products, proprietary collimator assemblies, laser components utilizing proprietary automation technology, higher-level assemblies and packing solutions. The Company's products are used in various markets, including industrial, medical, defense, test & measurement and telecommunications. LightPath has a strong patent portfolio that has been granted or licensed within these fields. For more information, visit http://www.lightpath.com/.
This news release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise.
GRADIUM® is a registered trademark of LightPath Technologies.
Contact: Ray Pini, Director of Marketing
LightPath Technologies, Inc.
Phone: (407) 382-4003 x336
Email: rpini@lightpath.com
Internet: http://www.lightpath.com/
Monday, November 15, 2010
PR: LIGHTPATH TECHNOLOGIES EXPANDS LASER TOOLS MARKET OPPORTUNITY
| --Introduces Two New Lenses and Value-added Services to Asian Market-- Orlando, FL - (November 15, 2010) - LightPath Technologies, Inc. (Nasdaq: LPTH), a global manufacturer, distributor and integrator of patented optical components and assemblies, has significantly increased its strategic laser tool market and optimized sales to Asia, through the addition of two new lenses to its aspheric laser tool lens catalog. Additionally, the Company has increased its core competencies with new value-added services, including lens shaping, edging, and blackened rims. LightPath's value-added services for lenses provide assembly options, as well as new form factor options, which help its customers reduce costs for mounting and alignment of optical systems. The first new lens, 354064, is a high-performance, low-cost laser tool lens that can cost effectively replace spherical doublet lenses with the same performance as spherical triplet lenses. The second new lens, 354306, directly targets competitive lenses in existing designs. “These new lenses and value-added services strengthen our capabilities to better address specific customer requirements and enhance our existing relationships. We are targeting Asian manufacturers that use high-volume optics in laser markets. With our new and improved products and services, LightPath has the potential to expand our available market for laser tools by as much as three times,” said Jim Gaynor, CEO and President of LightPath. About LightPath Technologies LightPath manufactures optical products including precision molded aspheric optics, GRADIUM® glass products, proprietary collimator assemblies, laser components utilizing proprietary automation technology, higher-level assemblies and packing solutions. The Company's products are used in various markets, including industrial, medical, defense, test & measurement and telecommunications. LightPath has a strong patent portfolio that has been granted or licensed within these fields. For more information, visit http://www.lightpath.com/. This news release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. GRADIUM® is a registered trademark of LightPath Technologies Contact: Ray Pini, Director of Marketing LightPath Technologies, Inc. Phone: (407) 382-4003 x336 Email: rpini@lightpath.com Internet: http://www.lightpath.com/ |
Thursday, November 11, 2010
LightPath Technologies Announces First Quarter Financial Results
LightPath Technologies Announces First Quarter Financial Results
--Revenues Increase 45% Year-over-Year --
--Company Adds Five New High-Volume Customers in Asia--
ORLANDO, FL—November 11, 2010 -- LightPath Technologies, Inc. (NASDAQ:LPTH) (“LightPath”, the “Company” or “we”), a global manufacturer, distributor and integrator of patented optical components and high-level assemblies, announced today its financial results for the first quarter ended September 30, 2010. Full details are available in the Company’s Quarterly Report on Form 10-Q filed today with the SEC at http://www.sec.gov/ or see the full Press Release on LightPath's Website at www.lightpath.com.
Highlights:
- Revenue for the first quarter of fiscal 2011 was $2.25 million, up 45% compared to $1.56 million for the first quarter of fiscal 2010.
- Backlog scheduled to ship within the next 12 months was $3.2 million as of September 30, 2010, an increase of $236,000 from June 30, 2010.
- EBITDA for the first quarter of fiscal 2011 improved to a loss of $261,000 compared to a loss of $382,000 in the first quarter of fiscal 2010.
- Cash on hand as of September 30, 2010 was $1.35 million as compared to $1.46 million on June 30, 2010.
- Gross margin was 37% for the first quarter of fiscal 2011 as compared to 43% for the first quarter of fiscal 2010.
- Net loss for the first quarter of fiscal 2011 was approximately $853,000 compared to a loss of approximately $706,000 for the first quarter of fiscal 2010.
- Unit shipment volume in precision molded optics increased 11% in the first quarter of fiscal 2011 compared to the same period of last year.
Jim Gaynor, President and Chief Executive Officer of LightPath, commented, "During the first quarter, our revenues rose 45% over the same quarter in the prior year. Our cost of goods sold also increased by $539,000 due to volume and product mix change. Unit shipment volume in precision molded optics continued to show improvement in the first quarter of fiscal 2011 compared to the same period last year. Gross margin decreased to 37% as a result of the product mix change and an under absorption of the fixed overhead costs. EBITDA was a loss of $261,000, however, this represents a $121,000 improvement over the loss of $382,000in the first quarter of fiscal 2010.”
Gaynor continued, “The first quarter of our fiscal year is typically the lowest revenue quarter for LightPath due to the summer vacation period in Europe and seasonal slow period for several of our major customers. We are also in the process of transitioning our business to focus on providing low cost, high volume lenses for products, such as laser levels, range finders, gun sights and projectors. We are addressing multiple markets such as industrial tools, biomedical instruments, communications and imaging with a focus in Asia.”
Investor Conference Call and Webcast Details:
LightPath will host an audio conference call and webcast on Thursday, November 11th at 4:00 p.m. EST to discuss the Company's financial and operational performance for the first quarter of fiscal 2011.
Conference Call Details
Date: Thursday, November 11, 2010
Time: 4:00 p.m. (EST)
Dial-in Number: 1-877-407-8033
International Dial-in Number: 1-201-689-8033
It is recommended that participants dial-in approximately 5 to 10 minutes prior to the start of the 4:00 p.m. call. A transcript archive of the webcast will be available for viewing or download on the company web site shortly after the call is concluded.
About LightPath Technologies:
LightPath manufactures optical products including precision molded aspheric optics, GRADIUM® glass products, proprietary collimator assemblies, laser components utilizing proprietary automation technology, higher-level assemblies and packing solutions. The Company's products are used in various markets, including industrial, medical, defense, test and measurement and telecommunications. LightPath has a strong patent portfolio that has been granted or licensed to it in these fields. For more information visit http://www.lightpath.com/.
This news release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our ability to expand our presence in certain markets, future sales growth, continuing reductions in cash usage and implementation of new distribution channels. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obl igation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts: LightPath Technologies, Inc.
Jim Gaynor, President & CEO or Dorothy Cipolla, CFO
Phone: +1 (407) 382-4003
Wednesday, November 10, 2010
Analog Modules announces the release of its Model 742DP, a new generation of Laser Spot Tracker
(Nov. 10, 2010) Analog Modules announces the release of its Model 742DP, a new generation of Laser Spot Tracker with wide flexibility for missile and platform tracker applications. The detector is temperature controlled and optimized for 1.06μm. Independent five channel noise detectors set the lowest thresholds to achieve long acquisition ranges for different background light and spot positions and special circuits resist sunlight blinding in any one or all quadrants. For detailed specifications, visit our website at http://www.analogmodules.com/products/laser-trackers.php to view the product data sheet. You may also contact AMI to discuss your application at sales@analogmodules.com or phone 407-339-4355.
Free Webinar: "Streamline Your Hiring Process" by the Resumator
NBIA Partner Webinar
Thursday, Nov. 18, 2 p.m. EST
Streamline Your Hiring Process
Brought to you by the Resumator
NBIA Partner, the Resumator, invites you to learn efficient ways to streamline your hiring process during a free Webinar. Don Charlton, founder & CEO of the Resumator, will present information on several topics to improve the employee search and selection process, including:
- Three secrets to writing a fantastic job description
- How to attract candidates when no one knows who you are
- How to leverage social networks to find appropriate candidates
- Online services and tools for managing your hiring process
This Webinar is free and open to the public. To register, click here.
Cash Flow - The Lifeblood of a Business
Cash Flow - The Lifeblood of a Business
Presented by: Dennis P. Burgess, CPA, MBA,
Innovative Business Advantages, P.A.
This workshop will provide you with strategies to manage your cash flow within your business. Topics to be covered include:
· What Is Cash Flow?
· Why Is Cash Flow So Important
· The Difference Between Cash Flow and Profit
· Identification of the Choices a Business Owner Must Make Each Day
· How Knowledge of a Business' Cash Flow Can Help the Owner Make the Right Choices
· How to Manage Your Cash Flow
· How to Improve Your Cash Flow
· Summary
· Questions and Answers
Date: Thursday, November 18, 2010; 3:00PM to 4:30PM
Location: UCF Business Incubator--Sanford
110 W. First Street, Oviedo, FL 32771
Cost: Complimentary for Incubator Clients; $20 All Others
To reserve a space, please email paallen@mail.ucf.edu.
Dennis P. Burgess is the founder and president of Innovative Business Advantages, P. A., an accounting, tax, and business development firm located in Lake Mary, FL. Dennis' career started in public accounting (Deloitte and Touche), and continued through thirty years of private industry experience with companies involved in the manufacturing, retail/wholesale, and environmental consulting industries. During this long career, Dennis had responsibilities in accounting, tax, and treasury operations as CFO and Vice President of Finance with companies whose annual revenue ranged from $30M to $70M and was successful in improving profit margins, reducing costs, and increasing cash flow in these companies. In 2010, Dennis decided to start his own company with the primary intention of bringing his experience to the small business industry to help small business owners achieve the highest degree of profitability and success.
Tuesday, November 9, 2010
SID Student Chapter Seminar: “e-Paper Technology and Future Development“, Dr. Janglin Chen
SID Student Chapter Seminar: “e-Paper Technology and Future Development“, Dr. Janglin Chen
CREOL102
Wednesday, November 10, 2010 / 11-12pm
Dr. Janglin (John) Chen
Vice President & General Director
Display Technology Center
Industrial Technology Research Institute
Abstract:
Electronic paper (e-Paper) has drawn much attention for its promise to curb the overuse of paper, such as printed matters, and office documents, etc. The one important feature of e-Paper displays is that they do not require backlight to operate, providing a power saving, paper-like reading experience. Also, their bi-stability enables zero power consumption for still image display.
To meet the future needs for digital life style and for ‘greener’
display panels, ITRI has focused research on flexible display technologies. For digital life, flexible EPD, OLED will address the portability, while flexible touch is to enhance user-friendly interface.
For ‘green panel,’ large-area, roll-to-roll processable Ch-LCD will deliver power saving, material and cost advantages.
Biography:
Dr. Janglin (John) Chen is a Vice President of Industrial Technology Research Institute (ITRI) in Taiwan, and the General Director of ITRI’s Display Technology Center. Prior to Joining ITRI, Dr. Chen was a Research Fellow of Eastman Kodak Company in Rochester, New York, where he held many R&D managerial positions from 1982 to 2006, and is the author of sixty technical articles, and 33 issued US Patents. A native of Taiwan, Dr. Chen holds a Bachelor degree from Tsing Hua University, a Ph.D. degree from Polytechnic University in Brooklyn, New York, and is a graduate of Stanford Executive Program, Graduate School
of Business, Stanford University.
For More Information:
Linghui Rao - SID Chair
CREOL 283
407-823-6876
PR:LIGHTPATH TECHNOLOGIES STRENGTHENS MANAGEMENT TEAM AT SHANGHAI FACILITY
LIGHTPATH TECHNOLOGIES STRENGTHENS MANAGEMENT TEAM AT SHANGHAI FACILITY
-- Key Talent Supports Increased Production in China and Asian Markets--
Orlando, FL: November 9, 2010: LightPath Technologies, Inc. (NASDAQ: LPTH), a global manufacturer, distributor and integrator of patented optical components and assemblies, announced today two new management appointments to its Shanghai, China-based facility LightPath Optical Instrumentation Company (“LightPath Optical”). Joining LightPath Optical are Frank Yuan as Quality Assurance Manager, and Joe Wang as Materials Manager. Both will report to Xueguan Cao, General Manager of LightPath Optical.
Jim Gaynor, CEO of LightPath Technologies, “By shifting approximately 95% of our total production to Shanghai, along with making key process improvements, we have significantly reduced our costs and increased our gross profit margins for 2010. The recruitment of a strong leadership team is indicative of the continued growth we foresee on a global basis. Frank and Joe lend credibility and expertise to our overseas operations, and can help us capitalize on the many emerging-growth opportunities within China and Asia.”
Frank Yuan is a certified ISO auditor to ISO9001, ISO14000 and TS16949 Quality Management Systems. Over the past decade, Frank has worked with a number of multinationals, assisting them in manufacturing components and utilizing process control. Frank has a Bachelor's in Electric Power System and Automation from Yunnan Industrial University. Joe Wang has spent the past 15 years in supply chain management, inventory control and customs for multinational corporations. Joe holds a Bachelor's of Economic Management from Zhongnan Finance & Economic University.
This news release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, factors detailed by LightPath Technologies, Inc. in its public filings with the Securities and Exchange Commission. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise.
GRADIUM® is a registered trademark of LightPath Technologies
Contacts: Jim Gaynor, CEO
LightPath Technologies, Inc.
Phone: +1-407-382-4003 x377
Email: jgaynor@lightpath.com
Internet: http://www.lightpath.com/
Monday, November 8, 2010
PR: LIGHTPATH TECHNOLOGIES ADDS TWO NEW LENSES TO ITS LONG WAVE INFRARED CATALOG
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