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September 14, 2011 - AlSher APM Grand Opening and Open House.
Mayor Frank G. Jackson of the City of Cleveland participated in the AlSher APM Grand Opening
Copyright, All Rights Reserved, 5iTech, LLC 2011
5iTech Focus:
5iTech, LLC, is a privately held US company with offices in Cleveland, Ohio and Austin, Texas. 5iTech specializes in bringing to market paradigm-shifting technologies both as a founder of early stage ventures, and as provider of advisory services on matters related to intellectual property-driven business growth, strategic planning, patent portfolio optimization, and acquisition advice.
The company has extensive international transactional expertise and has launched a number of transnational technology companies.
As a founding member of its technology ventures, 5iTech actively guides its companies to market and wields decisive influence over its subsidiaries'’ development.
Each 5iTech company typically owns its intellectual property and each is designed to aggressively and efficiently advance its products to market.
Advanced Materials
Instrumentation
Services
Merging Business Experience
and Technical Expertise
Diverse Executive Experience
Multi-Disciplinary Expertise
Physics
BioTech
Chemistry
Engineering
Nanotechnology
Materials Science
Start-ups
Licensing
Acquisitions
Tech Transfer
Strategic Planning
Project Management
5iTech
Team
Extensive
International Experience
Our collective experience includes all aspects of technology development, product development, market
research, business plan development, licensing, and company launch. We have out-licensed numerous technologies and launched a number of companies. In addition, 5iTech team members have extensive international experience and are uniquely suited to managing technology-based business ventures, especially across national borders.
5iTech team members have extensive international experience and are uniquely suited to managing technology-based ventures. Our services include:
• Commercial Opportunity Assessment
• Tech-centric Due Diligence, Valuation
• Go-To-Market Strategy Development
• Business Plan Development
• Presentation to Capital Sources
• Spin-off Management
• Licensing
• Customized Technology Sourcing
• University Tech Transfer Dept. Advice and Training
5iTech’'s experience with matching technology, products, and markets for tech-driven companies can be an invaluable resource for planning and executing Mergers & Acquisitions.
We provide:
• Patent Valuation
• Due Diligence
• Competitive Analysis
• Structuring and negotiating deals
• Post-deal IP portfolio alignment
5iTech helps clients reduce costs and generate additional revenues through portfolio optimization. We conduct Technology-focused IP Portfolio reviews to assist clients to:
• Align IP Portfolios to current business objectives (post acquisition, for example)
• Eliminate unnecessary maintenance fees
• Identify holes/weaknesses relative to current state-of-the-art and help develop strategies to address such weaknesses through licensing, acquisitions, etc.
• Generate revenue from licensing or sale of non-core IP
• Provide Patent Valuation Services
5iTech has broad experience in
fine-tuning technology products to US market needs.
We can:
• Facilitate clients'’ understanding of US markets and consumer behavior
• Advise on technology products'’ fit in US markets
• Guide redesign/product adjustment to fit US markets
• Work with clients to overcome regulatory barriers to market entry
• Negotiate strategic partnerships, mergers and acquisitions, sales and distribution agreements
• Recruit personnel
• Build and manage sales operations for newly established US subsidiaries of foreign companies
This is an instrumentation and controls company, which will also ultimately expand to medical device and diagnostics markets.
The Aria product captures the physical and chemical changes that occur when liquids dry and provides a distinctive “fingerprint” of each liquid. Possible applications include detecting counterfeit and adulterated medications and erroneous drug dosages.
Aria's R&D team has proven the technology's functionality in blind studies with several prospective corporate consumers. Moreover, they have performed and reported at international conferences on their research into early detection of breast cancer.
This is an ophthalmic device company co-founded by 5iTech, EST, Inc. (a medical electronics design company of Solon, Ohio), and JSC MACDEL (a medical device company headquartered in Moscow, Russia).
Ocualtek is bringing to western markets a line of new ophthalmic therapeutic products developed by MACDEL. Due to the advanced stage of Oculatek’s product development - over 500,000 patients have already been treated for myopia with this device in Eastern Europe. In the US Oculatek has successfully completed two small studies and currently is working with Air Force Branches on developing an IRB protocol for a clinical study that will involve 100 or more patients with presbyopia.
www.ariaanalytics.com
www.oculatek.com
The Sterionics device generates cold plasma (average mass temperature less than 100 degrees Fahrenheit – body temperature) based on air, water or chemical compounds.
The cold plasma device has been demonstrated to have strong antimicrobial, antiviral, antifungal and antibacterial properties delivering rapid wound or tissue disinfection without damage to healthy living tissue. In addition, the Sterionics device has been demonstrated to have strong wound/tissue healing properties.
The device will substantially reduce patient's’ risk of contracting post operative staph infections – improving patient care, reducing costs to the healthcare system and risks borne by hospitals.
Demonstrated applications include: • Elimination of staphylococcus cultures in vitro and in vivo; • Deactivation of measles virus in live vaccine; • Treatment of skin diseases (herpetic infection, diabetic ulcers), • Use in ophthalmic applications (viral keratitis), • Dental applications (disinfection after tooth extraction, plaque removal), and • ENT applications (treating tonsil abscess).
Sterionics is successfully collaborating with The Akron General Medical Center and Kent State University where the effectiveness of the device has been demonstrated in in-vitro studies.
AlSher was founded as a joint venture between Altair Nanotechnologies, Inc. (ALTI) and The Sherwin-Williams Company (SHW) in 2007 to develop proprietary technology for the pigment and nano materials markets.
In 2010 ownership of AlSher was consolidated in Sherwin-Williams and the company was subsequently spun out to 5iTech.
Under 5iTech management, the company relocated from Reno, NV to Cleveland, Ohio.
AlSher APM focuses on the manufacture and development of high performance nano- and micron- sized materials for a variety of industrial applications.
www.alsherapm.com
www.sterionics.com
Leon A. Polott
CEO
Edward D. Curran
COO
Stephen P. Weeks
VP Technology
Frank Nagorney
VP General Counsel
Laura Ruggiero
VP Finance
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5iTech is proud to have assembled a team of accomplished professionals whose expertise and experience fuels and guides our ventures and services.
Our team members have extensive operations and management experience with some of the world’s leading international business and technology-based companies, such as Bell Labs, Standard Oil, BP, Gould Electronics, Ernst & Young, Tektronix, Computer Associates International and others.
5iTech executives have negotiated, implemented and operated ventures in Europe, Asia, North and South America including: Russia, UK, US, France, India, Mexico and Japan. Moreover, the team has been assembled with a view to effective project management and amassing complimentary skill sets typically found only in much larger organizations: Executive Management, Multinational Operations, Law, Human Resources, Engineering, Project Management, International JV Negotiation and Management, BioTech, Physics, R&D, Tech Transfer, Finance and Accounting.
Cleveland, OH
TELEPHONE: + 1 216-391-7760
FAX: + 1 216-274-6272
ADDRESS: 1768 East 25th Street,OH 44114
E-MAIL: info_5itech.com
5iTech is on the 3rd floor of the MAGNET Incubator, downtown Cleveland near the campus of Cleveland State University
Austin, TX
TELEPHONE: + 1 512-321-3105
FAX: + 1 512-597-8115
ADDRESS: 119 Frontier Trail, Bastrop, TX 78602
To Contact Individual Team Member
