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Plex Systems Still Eyeing IPO In 2012

AUBURN HILLS ? Plex Systems continues to eye an initial public offering in 2012 as it reports a 30-percent revenue gain for fiscal 2011 in a year when many other Michigan companies struggled to break even. Plex CEO Mark Symonds, in an interview with MITechNews.Com Editor Mike Brennan, said, ?We?re watching the market and looking

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Events/Announcements|

Mobile Technology Association Hosts Funding Options Event Feb. 13

DETROIT - If you're a mobile technology company looking for funding, then Mobile Monday Detroit on February 13th is where you want to be. The group will explore various options for obtaining funding and how they work, including: venture capital, angel funding, alternative funding strategies, bank financing and more. The meeting begins at 5:30 p.m.

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Entrepreneur Corner|

FileVault 2 Easily Decrypted, Warns Passware

SAN FRANCISCO - One of the welcome features in OS X Lion was the replacement of Apple's first-generation FileVault file encryption technology, which only encrypted the home folder, with a new whole-disk encryption approach. Unlike the first FileVault, which required a number of workarounds and still had compatibility problems with various programs and utilities, the

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Cyber Defense|

MEDC Exec Named Director Of WMU’s Biosciences R&D Center

KALAMAZOO ? Michigan Economic Development Corp. executive Stephen Haakenson has been named executive director of Western Michigan University's Biosciences Research and Commercialization Center, effective Feb. 6. Since 2006, Haakenson has been a program portfolio manager for the MEDC responsible for managing state investments in Michigan start-up companies. "Over the past eight years, the BRCC has

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Life Sciences/Biotech|

Snyder, In Washington, Touts Efforts To Boost Talent

WASHINGTON DC - Governor Rick Snyder discussed Michigan's efforts to improve the talent levels of its residents in hopes of filling existing job openings during an appearance before a U.S. House committee. Snyder, along with Connecticut Governor Dan Malloy, a Democrat, answered questions from the Education and Workforce Committee. The goal of talking to Congress

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Politics/Government|

Morouns Continue Spending Spree For Legislators’ Campaigns

LANSING - Facing competition from the New International Trade Crossing, the Moroun family, owners of the Ambassador Bridge, continued to contribute thousands to legislators' campaign and political action committees in 2011. Campaign finance reports showed at least $216,400 in spending by the Moroun family, including Manuel "Matty" Moroun, his wife Nora, son Matthew and Matthew's

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Archive, Politics/Government|

Bank Of Ann Arbor Marshall Named To Fed’s Chicago Advisory Council

ANN ARBOR - Bank of Ann Arbor CEO Timothy Marshall has been approved by the Board of Governors of the Federal Reserve Bank to serve as Chair of the Federal Reserve Bank of Chicago's Community Depository Institution Advisory Council. Marshall was originally appointed to serve as one of the twelve council members representing the five

By |2012-02-02T00:00:00-05:00February 2nd, 2012|Announcements/New Products, Archive|