MBITA CORPORATE SPONSORS:
MBITA PARTNERS & AFFILIATES:
Fri, Feb 21st
Business In A Foreign Culture - Trade Carefully for Success
El Palomar Restaurant
Fri, March 21st
Information Technology & Global eCommerce Solutions For Small Business
The new Univ. of Ca. MBEST Center
Fri. April 11th
Global Trade Meets the World Wide Web Conference
Sponsored by MBITA and the Monterey Institute of International Studies (MIIS
To register for MBITA luncheons, call 831-469-0148 or email email@example.com including the event specifics you are signing up for in the subject line.
For more detail on MBITA business events, go to http://www.mbita.org/events/home.php3
MBITA BOARD OF DIRECTORS:
MBITA Contact Info
If you would like to have an article published on this newsletter please contact the editor by email.
This newsletter has been created by MBITA's editor
MBITA Partners' Newsletters Links:
Investment vehicles for foreign partners, energy saving technologies to ground-breaking global satellite phone companies have joined the MBITA ranks. All these businesses have one thing in common, finding foreign partners.
MBITA looks forward to serving our membership with trade promotion services. Go to the MBITA website (http://www.mbita.org) and CLICK on 'Services' for more details.
Robert "Tony" Livoti
MBITA New Corporate Sponsor "GLOBALSTAR L.P."
MBITA is pleased to announce its new corporate sponsor: Globalstar L.P. Globalstar is the next-generation provider of mobile satellite communication services, providing telephone communication to previously unserved or under-served geographical areas. Globalstar provides access to voice and data communications services from virtually every populated area of the world.
Satellite telephones have been around since the 1970s, but until recently, they were bulky, awkward to use, and very expensive. The current generation of satphones, however, has turned this industry on its head, making inexpensive, pocket-sized phone units available for use from almost anywhere in the world.
Of all the providers today of handheld satellite phones, Globalstar is by far the most widely-used. With over 80,000 subscribers, Globalstar provides very high-quality voice and data communications services in more than 100 countries and across vast ocean areas, far beyond the reach of terrestrial-based wireless systems. And Globalstar calls can be made for as little as 17 cents a minute.
Globalstar phones are used today by a wide variety of businesses and government organizations that need to stay in touch no matter where they go. These include maritime industries, transport operators, pipeline companies and forestry and mining businesses. In the government sector, agencies at the federal, state and local level use Globalstar phones for law enforcement, search and rescue and even fire-fighting operations in remote areas.
Globalstar was originally developed as a partnership between several of the world's foremost aerospace and telecommunications companies, including Loral Space & Communications, Qualcomm, France Telecom, Alcatel, China Telecom, Vodafone, Finmeccanica, and DaimlerChrysler Aerospace. Following the construction and launch of its 48-satellite constellation, the company launched commercial service in early 2000. Its unique CDMA-based architecture not only ensures exceptionally clear and secure voice signals but also provides for remarkably reliable connections, as each call is carried by up to four satellites simultaneously. If the signal to one satellite is blocked by a building or other obstruction, the call is switched seamlessly and automatically to another satellite, retaining the connection.
Globalstar also offers 9.6 kbps data service, the highest true data speed of any handheld satellite phone, and multichannel modem products have been developed to provide still higher speeds. A variety of other products and accessories have also been developed for a wide range of applications, including maritime and aviation uses.
MBITA New Member: Utility Systems Corporation
MBITA welcomes new member Utility Systems Corporation. Utility Systems Corporation is a Scotts Valley, California-based provider of electricity and water meters, semiconductor components and advanced gateway products for utility information and payment systems. Utility Systems, with operations in South Africa, Europe, China and California, is a supplier to leading utility and facility management systems companies worldwide
Utility Systems recently formed an alliance with Pacific Systems Control Technology on a Chinese venture with Holley Import & Export Company of China. Holley is China's leading provider of electric meters and related equipment, systems and services. Pacific Systems is a technology company that concentrates on the utilities metering and power automation industry.
After a year of negotiations and product development the contract was signed for the delivery of $20 million of four types of fully electronic and modularly designed electricity meters to China. The transaction with Holley as the buyer calls for products specifically designed and manufactured for Pacific Systems and Holley by Utility Systems of Scotts Valley, California. This Utility Systems alliance is the first such sale of advanced metering products by Pacific Systems.
The total order of $20 million in meters will be divided into five releases to be delivered over a period of approximately two years. The meters are sophisticated intelligent meters for use in communications systems, energy management, and on-line energy control environments. These new fully electronic units have the ability to give instantaneous visibility to customers and utilities of the quality and consumption of power over broadband, 100 Megabit network links and the Internet. Initial applications include the world's largest power distribution systems inside of China.
"These products, once successfully delivered to end users, will represent the new world standard in performance, cost-effectiveness and technology." says Mr. Richard (LiCheng) Wang, Chairman of both the Holley Group of China and also Pacific Systems."I am delighted to see that Pacific Systems can finally take advantage of the vast Chinese market through the presence of the Holley Group," remarks Mr. Wang. Mr. Wang."This was my vision from the start, to have Pacific Systems source technology products in the U.S. and sell them into China through Holley's already established marketing contacts", continues Mr.Wang. Holley is currently the largest shareholder of Pacific Systems.
"This is a landmark partnership of technology, market and production capability", stated Dr. John Heibel, Chairman and CEO of Utility Systems. "We are excited to be in an alliance with the world-leading electric utility meter provider - the Holley Group - in the Pacific Systems Venture."
Silicon Valley Executive Lou Panetta Joins MBITA
827 Via Mirada
Monterey, CA 93940
PO Box 1368
Capitola, CA 95010
One of the most difficult challenges an entrepreneur faces in today's economic downturn is finding sources of funding, including grants and seed money, investment rounds from venture capital, and investments from private investors and institutional sources. In the last seven years, TechVentures Network has helped more than 66 Bay Area companies to receive grants totaling more than $11.95 million in state funds, leveraging nearly $30 million in R&D support, and more than $200 million in private funding.
TechVentures Network is spearheading development of the Atlas for the New Economy (ATLAS), a web-based data center supporting the creation and development of knowledge-based industries. The ATLAS addresses key business data components of industrial infrastructure development with GIS mapping of topography, industrial clusters, resources and economic statistics.
Whether a company seeks to enlarge it's market internationally, or an international company, government body or foundation seeks to build a market presence in the Bay Area, TechVentures Network facilitates bi-directional access to develop partnerships and strategic alliances between qualified companies, regions, and sources of funding.
Working with successful business services companies and firms including local chambers of commerce, area universities, networking organizations for technology startups, public relations and marketing consulting firms, TechVentures Network provides a suite of vetted resources to our client companies. Friday Flash, a weekly email broadcast to almost 3000 entrepreneurs, investors and service providers, delivers an ongoing source of information about our programs and events, and other resources for growing businesses.