Tag: Massachusetts Institute of Technology

Flexion Therapeutics Announces Two Key Corporate Appointments

BURLINGTON, Mass., Sept. 12, 2016 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) announced today that it has made two key appointments to its leadership team: Carolyn Beaty Scimemi, Esq., an experienced compliance and legal professional, as Chief Compliance Officer, and Adam Muzikant, Ph.D., a veteran biotechnology deal negotiator and strategist, as Vice President, Business Development. Ms. Scimemi and Dr. Muzikant join the Flexion leadership team as the company prepares to submit a planned new drug application (NDA) in the fourth quarter of 2016 to the U.S. Food and Drug Administration (FDA) for its drug candidate Zilretta™ (also known as FX006),

NDIA Appoints Alexander Frank Zemek as Vice President, Policy

ARLINGTON, Va., Sept. 7, 2016 (GLOBE NEWSWIRE) — The National Defense Industrial Association (NDIA) today announced the appointment of Alexander “Alex” Frank Zemek to serve as its Vice President of Policy. In this position, Mr. Zemek will have the responsibility of developing and promoting policy to key audiences in government and industry for America’s leading defense industry association. “Our national security challenges are evolving, and so are the needs of the defense community. Alex brings with him a tremendous amount of experience and knowledge, and we are very fortunate to have his talent on the team,” said President and CEO

Aeglea BioTherapeutics Appoints Leading Experts to Inaugural Scientific Advisory Board

AUSTIN, Texas, Sept. 07, 2016 (GLOBE NEWSWIRE) — Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE), a biotechnology company committed to developing enzyme-based therapeutics in the field of amino acid metabolism to treat rare disease and cancer, today announced the appointment of leading experts to its newly formed Scientific Advisory Board (SAB). The SAB will serve as a strategic resource to Aeglea, providing scientific and clinical insights to support its pipeline of engineered human enzymes. “We are thrilled to welcome this highly accomplished group as our Scientific Advisory Board, whose background and experience span genetic rare diseases and cancer,” said David G. Lowe, Ph.D.,

Harris & Harris Group Issues Business Update and Reports Financial Statements as of June 30, 2016

NEW YORK, Aug. 09, 2016 (GLOBE NEWSWIRE) — Harris & Harris Group, Inc. (NASDAQ:TINY), reported today that, as of June 30, 2016, its net asset value and net asset value per share were $81,284,282 and $2.63, respectively.  The Company’s Quarterly Report on Form 10-Q may be accessed at http://ir.hhvc.com/sec.cfm. Review of the Second Quarter of 2016 During the second quarter of 2016, we continued to take steps to position the Company for potential future growth. We believe a number of accomplishments, including those by our portfolio companies during the quarter have the potential to contribute to this goal. These steps

Exa Appoints Suresh Sundaram Senior Vice President, Products and Marketing

BURLINGTON, Mass., Aug. 08, 2016 (GLOBE NEWSWIRE) — Exa® Corporation (Nasdaq:EXA), a global innovator in simulation software for product engineering, announced the appointment of Suresh Sundaram as Senior Vice President, Products and Marketing effective today. In this role, Dr. Sundaram will report to the Chief Executive Officer, Stephen Remondi, and be responsible for the company’s product management and marketing activities.  With over 25 years of product development, product management, sales operations, education and marketing leadership and experience, Dr. Sundaram brings critical skills and perspective to the company’s deep deployment mission.  He joins Exa from a career that spanned more than

Roland DG Sponsors FAB12, the International Meeting of the Fab Lab Community, Bringing the Potential of Digital Fabrication to the Chinese Educational Market

IRVINE, Calif., Aug. 5, 2016 (GLOBE NEWSWIRE) — Roland DG Corporation, a leading manufacturer of wide-format inkjet printers and 3D devices worldwide, has announced that it will again participate as one of the key sponsors of FAB12, the 12th annual meeting of the global Fab Lab community, to be held August 8-14, 2016 in Shenzhen, China. The Fab Lab Conference takes place each year in a different city around the world, where members of the global Fab Lab network and beyond gather for a multitude of events, including discussions on the future direction of Fab Labs, workshops aimed at resolving

PSFCU Awards $350,000 in Scholarships to 311 Students Throughout New York, New Jersey and Illinois

BROOKLYN, N.Y., June 10, 2016 (GLOBE NEWSWIRE) — Marking its 16th consecutive year of providing academic scholarships to credit union members and their families, the Polish & Slavic Federal Credit Union (PSFCU) is awarding a total of $350,000 to 311 students this month as part of its annual Scholarship Program. Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/87e17f91-840c-4f6f-8800-5be12ac4c762 http://www.globenewswire.com/NewsRoom/AttachmentNg/58348970-746b-4860-a661-2a5625193f78 The annual PSFCU Scholarship Program selected outstanding recent high school graduates and current college students from New York, New Jersey and Illinois to receive the scholarship funds. Since the program’s inception in 2001, the Brooklyn-based credit union has dispensed in excess of $3,600,000 to

Cell Design Labs Executes Series of Private Financings

SAN FRANCISCO, June 02, 2016 (GLOBE NEWSWIRE) — Cell Design Labs, Inc. today announced it has executed a staged series of investor and strategic partner financings totaling $34.4 million to fund the company’s start-up operations. The investors, led by Kleiner Perkins Caufield and Byers, also include Kite Pharma, Osage Ventures, Mission Bay Ventures and a group of private investors. In a separate announcement, Cell Design Labs also reported today on its first strategic partnership with Kite, which was an integral component of the company’s financing structure. “At Cell Design Labs we are building on a sophisticated understanding of cell-to-cell interactions

UPDATE – PHOTO RELEASE–UniversalPegasus International Engineer Recognized by the American Society of Mechanical Engineers

HOUSTON, May 24, 2016 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that Hieu “Hugh” Tran, an employee at HII’s UniversalPegasus International (UPI) subsidiary, is the recipient of the American Society of Mechanical Engineers’ 2016 Keith Thayer Exceptional Early Career Engineer Award. The award was presented earlier this month by ASME’s Petroleum Division at the Offshore Technology Conference in recognition of outstanding dedication, effort and performance by an early career professional. “We are very proud of Hugh,” said John Barnes, UPI’s senior vice president for project management. “This achievement is a result of his commitment to excellence and hard

PHOTO RELEASE–UniversalPegasus International Engineer Recognized by the American Society of Mechanical Engineers

HOUSTON, May 23, 2016 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that Hieu “Hugh” Tran, an employee at HII’s UniversalPegasus International (UPI) subsidiary, is the recipient of the American Society of Mechanical Engineers’ 2016 Keith Thayer Exceptional Early Career Engineer Award. The award was presented earlier this month by ASME’s Petroleum Division at the Offshore Technology Conference in recognition of outstanding dedication, effort and performance by an early career professional. “We are very proud of Hieu,” said John Barnes, UPI’s senior vice president for project management. “This achievement is a result of his commitment to excellence and hard

Pepper Hamilton Expands Government Contracts Practice

WASHINGTON, May 16, 2016 (GLOBE NEWSWIRE) — Pepper Hamilton LLP announced the further expansion of its Government Contracts Group with the addition of two partners from BakerHostetler – Hilary S. Cairnie and Kelley P. Doran – who will be based in the firm’s Washington, D.C. office.  This expansion comes less than a year after the addition of partner G. Matthew Koehl from Holland & Hart and of counsel Gary J. Campbell from General Dynamics and will add additional depth to Pepper’s capabilities in working with companies in the information technology, defense, cybersecurity, engineering, life sciences, and biodefense industries. Photos accompanying

Northrop Grumman's Thomas E. Vice Recognized by USC Viterbi School of Engineering with Management Award

LOS ANGELES, April 25, 2016 (GLOBE NEWSWIRE) — Northrop Grumman Corporation’s (NYSE:NOC) Thomas E. Vice, corporate vice president and president, Northrop Grumman Aerospace Systems, has received the 2016 Daniel J. Epstein Engineering Management Award from the University of Southern California Viterbi School of Engineering. A photo accompanying this release is available at: http://media.globenewswire.com/noc/mediagallery.html?pkgid=39981 The Engineering Management Award was founded in 1978 to recognize industry leaders who have made lasting contributions to science and engineering through exemplary professional accomplishments and contributions to the field of engineering management. Vice, a member of the company’s corporate policy council, leads Northrop Grumman Aerospace Systems,

Cross-Border Financing Squeezes the Domestic Banking Sector

ROCHESTER, N.Y., April 11, 2016 (GLOBE NEWSWIRE) — Globalization has had an enormous impact on almost every aspect of economic life. Today, financing activities that originate in one country for the benefit of a firm located in another country is an approach used extensively by multinational corporations to finance their operations around the world. Enabling this new world order has been the creation of International Financial Reporting Standards (IFRS) which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.   But,

Northrop Grumman Offers Public Unprecedented Access to James Webb Space Telescope

REDONDO BEACH, Calif., Feb. 19, 2016 (GLOBE NEWSWIRE) — The public is invited to witness remarkable never before seen views of NASA’s James Webb Space Telescope in the new Discovery Channel documentary film “TELESCOPE,” by Oscar-nominated filmmaker Nathaniel Kahn. Northrop Grumman Corporation (NYSE:NOC) provided Kahn with behind the scenes access to its Space Park facility in Redondo Beach, where a substantial amount of the design, engineering, assembly and testing of the Webb telescope is taking place. A photo accompanying this release is available at: http://media.globenewswire.com/noc/mediagallery.html?pkgid=38996. “TELESCOPE” spotlights the high-stakes mission of building the Webb telescope. It will premiere on Discovery


BOSTON, MASS., Jan. 25, 2016 (GLOBE NEWSWIRE) — Polaris Partners today announced its support of the Massachusetts Institute of Technology’s launch of the Sandbox Innovation Fund program. Rooted in a desire to engage more innovators across the Institute, Sandbox will provide educational programming, financial resources, and mentoring for all MIT undergraduate and graduate students who are interested experiencing the entrepreneurial journey. Polaris, one of the initial partners who helped conceive the program, is a founding sponsor of Sandbox LLC, an important source of support for the program, and will serve as a mentor to MIT teams and provide counsel on

Morris Polich & Purdy LLP Announces Three New Partners

LOS ANGELES, Jan. 15, 2016 (GLOBE NEWSWIRE) — Morris Polich & Purdy LLP, a California and Nevada law firm, is pleased to announce three new partners of the firm, effective January 1, 2016 – Ariana Sarabia, Sue S. Junn and Raina L. Richter. Ariana Sarabia joins the San Francisco and Los Angeles offices and focuses her practice on government contracts, construction law, environmental law, compliance and ethics. Ms. Sarabia has extensive in-house experience, having served as Chief Counsel, Corporate Ethics & Compliance Officer and Corporate Secretary for Gilbane Federal, Western Regional Counsel for MACTEC and Environmental Counsel for Potlatch Corporation. In addition

Bit9 + Carbon Black Appoints Mark Sullivan Chief Financial Officer

WALTHAM, Mass., Dec. 16, 2015 (GLOBE NEWSWIRE) — Bit9® + Carbon Black®, the leader in Next-Generation Endpoint Security (NGES), today announced the appointment of Mark Sullivan as executive vice president and chief financial officer. Sullivan, who has been CFO at successful public and private companies, leads Bit9 + Carbon Black’s finance and administration organization. Most recently he was executive vice president and CFO of AspenTech, a publicly traded $440 million software company. “Mark’s skills and public company experience make him an ideal addition to our senior leadership team,” said Patrick Morley, president and chief executive officer of Bit9 + Carbon

The Archer School for Girls Awarded Lemelson-MIT InvenTeam(TM) Grant

LOS ANGELES, Oct. 15, 2015 (GLOBE NEWSWIRE) — The Archer School for Girls, headed by Elizabeth English, received a grant awarded to 14 schools nationwide from the Lemelson-MIT Program. Cheryl Saban, Ph.D., founder of the Cheryl Saban Self Worth Foundation for Women & Girls and The Saban IDEAlab donor, presented the grant from the Lemelson-MIT Program to Archer’s InvenTeam™ of students and educators in The Saban IDEAlab at Archer on Thursday in celebration. The team of students received $7,000 in grant funding as part of the Lemelson-MIT Program’s 2015-2016 InvenTeam initiative to inspire young people to solve real-world problems through

MIT CTL and UPS Support Solar Electric Car Project

Cambridge, MA, Sept. 2, 2015 (GLOBE NEWSWIRE) — The MIT Center for Transportation & Logistics (MIT CTL) is sponsoring a project to race a new solar electric car called Arcturus in the Bridgestone World Solar Challenge, Australia, in October. The vehicle is designed and built by a team of students at the Massachusetts Institute of Technology. MIT CTL Supply Chain Exchange Partner UPS is also sponsoring the student team by transporting the 490-pound vehicle to Australia. The 3,000-km trek across the Australian Outback is one of the world’s premier events for promoting the development of solar powered vehicles. Each Challenge

Neal Ryan, M.D. Heads New Leadership Team at Askesis Development Group

PITTSBURGH, Sept. 1, 2015 (GLOBE NEWSWIRE) — Askesis Development Group and its EHR, PsychConsult® Provider, have long been major players in the specialized world of electronic health records serving the behavioral health market segment. And, under its recently appointed President, Neal D. Ryan, M.D., Askesis continues to chart a course toward market leadership. A noted child and adolescent psychiatrist and long-time Askesis board member, Dr. Ryan brings extensive experience to his role, having served as director of informatics at the University of Pittsburgh Medical Center’s (UPMC) Western Psychiatric Institute, director of education for the University of Pittsburgh Department of Psychiatry,