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November 2008

BodyMedia Launches GoWear Fit
BodyMedia, Inc. has launched GoWear Fit - a lifestyle and calorie management system that helps consumers monitor their body and improve their health. GoWear Fit is now available through a distribution network that includes Dick's Sporting Goods retail locations nationwide, dickssportinggoods.com, and gowearfit.com.  The system has three components: an armband, an online activity manager, and an optional display. GoWear fit retails for $199. Subscription rates for the Online Activity Manager are between $6.95 and $12.95/month, and are available at www.gowearfit.com. The optional display retails for $99.  Visit www.bodymedia.com for complete details.

Nov 25 | Permalink

Carnegie Learning Curricula Preferred Learning Resource in KY Through 2015
The Kentucky State Textbook Commission has approved Carnegie Learning Bridge to Algebra, Algebra I, Algebra II and Geometry textbooks for use in middle and high schools from 2009-2015. Clinton County School District in Kentucky has been using the company's Bridge to Algebra, Algebra I and Geometry Math Solutions since 2006, and recently added the final component of the program, Algebra II. Paula Little, Clinton County School District Instructional Supervisor said that the implementation of Carnegie Learning curricula in the classrooms has brought "tremendous gains on [the] state math assessment scores."  Learn more at www.carnegielearning.com.

Nov 13 | Permalink

Precision Therapeutics Raises $43 Million
Precision Therapeutics has secured $43 million in additional funding to expand the development and commercialization of ChemoFX, a diagnostic test that helps physicians select the most effective chemotherapeutic regiment for cancer patients. The round was led by Longitude Venture Partners, and included existing investors Draper Triangle, Adams Capital Management, Quaker BioVentures, Birchmere Ventures, and Techno Venture Management. The capital infusion will allow the company to expand its market penetration and pursue new programs concerning individualized therapy for cancer patients.   The company has raised $105 million in VC funds in the last 10 years.  Learn more at www.precisiontherapeutics.com.

Nov 11 | Permalink

BFTP Announces $100,000 Big Idea Contest

The Ben Franklin Venture Investment Forum (BFVIF) in conjunction with the Ben Franklin Technology Partners of Central and Northern PA (BFTP) announces the Big Idea Business Plan Contest. The grand prize of $100,000 will be awarded to one technology-oriented company to start or further develop the business in Pennsylvania.   The grand prize represents a four-fold increase from previous Big Idea contests.  Applicants must have business operations (or the willingness to move) in any one of the 32 participating counties in the Central and Northern PA region.

Interested entrepreneurs can visit http://100k.benfranklin.org for rules, entry forms, and FAQs.  The deadline for entries is December 17, 2008.

Nov 6 | Permalink