Texas Tech Hygiene Technology to Clean Up at National Convention
Emerging Technology forum offers matchmaking prospects for new technologies.
March 14, 2011 | Written by David McClure
A Texas Tech research team has been selected to present their technology to venture capitalists and license partners at the 2011 , to be held March 21-23 in Arlington, Texas. The annual event provides commercial market exposure for more than 100 different technologies from across the nation.
The technology is an innovative system that monitors hand washing compliance using radio-frequency identification technology designed for use in hospitals and food service establishments. The research team is a cross-university effort between Ron Banister and Sharmila Dissanaike, doctors from the School of Medicine at and Donald Lie, an electrical engineer at .
鈥淭he conventional wisdom for venture capital is that an economic recovery is a great time to invest,鈥� Paul Huleatt, WBTshowcase CEO said. 鈥淭he pace of new innovations accelerates, the best deals rise quickly to the top and sophisticated investors receive great value for their money.鈥�
According to Huleatt, one in three WBTshowcase presenters go on to secure venture funding, license their technology or sell their intellectual property outright. He also added that researchers who present their technologies at the WBTshowcase leave with new contacts and information that help take their technologies to the market.
鈥淭his is an excellent opportunity to highlight some of Texas Tech鈥檚 most promising
technologies,鈥� David McClure, associate managing director of the Texas Tech University
System Office of Technology Commercialization said. 鈥淪ome of the nation鈥檚 largest
companies and investment firms attend this event each year in search of new investment
ideas. We want to help them understand the market potential of our technologies and
work with them to develop commercial market applications.鈥�
Attending conferences such as the WBTshowcase allows the Office of Technology Commercialization
the opportunity to meet hundreds of potential investors/licensees under one venue
and to form important relationships. A good contact at a specific company is often
the first step in creating a meaningful relationship for future commercialization
of university technologies.
About Office of Technology Commercialization
The 麻豆天狼副利院 Office of Technology Commercialization works with
university researchers to bring their discoveries and inventions to the marketplace.
The office works to protect the intellectual property developed through university
research and bring it to the public through licensing agreements and the creation
of start-up companies.
About WBTshowcase
The WBTshowcase is the nation's premier event showcasing the largest collection of
undiscovered technologies emanating from the world鈥檚 leading universities, labs and
research institutions. The 2011 WBTshowcase will be held March 21-23 in Arlington,
Texas. For more information about the event, visit .