Friday, September 19, 2014

Duke Energy All In for Solar

RALEIGH, N.C. -- Duke Energy (NYSE: DUK) today announced a $500 million commitment to a major expansion of solar power in North Carolina. This culminates the company's request for proposals (RFP) issued in February 2014 for new solar capacity. It will help Duke Energy further its commitment to renewable energy, diversify its energy portfolio and meet North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS). It also provides customers greater access to renewable energy in a cost-effective manner. The company will acquire and construct three solar facilities – totaling 128 megawatts (MW) of capacity –  including the largest solar photovoltaic (PV) facility east of the Mississippi River. The three facilities will be located in Bladen, Duplin and Wilson counties.

Monday, September 15, 2014

Security Services Leader Secure Designs Named for Fourth Successive Year to Inc. Magazine List

GREENSBORO, N.C. -- Inc. magazine has once again named Greensboro, N.C.-based Secure Designs, a premier provider of network security services, to its annual Inc. 500|5000 list an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -- America's independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.

Louisburg College Welcomes New Trustees

LOUISBURG, N.C. -- Louisburg College is pleased to announce four new appointments to the College’s Board of Trustees, who will serve for a term of four years. With 30+ years of public accounting experience, Franklin T. Roberts of Batchelor, Tillery & Roberts, LLP, brings extensive experience with nonprofits, agricultural companies, construction and manufacturing corporations, commercial entities, and employee benefit plans. He is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants. He serves on the board of directors of The Center for the Study of Place, Inc. and the advisory board of the Salvation Army, Raleigh, NC. He is an active member of Edenton Street United Methodist Church, and coaches high school track. Franklin received a bachelor’s degree in business administration with a concentration in accounting from the University of North Carolina at Chapel Hill where he was a Morehead-Cain Scholar.

Spectrum Velocity Adds New CTO, Dr. Chris Horne, PhD

RALEIGH, N.C. -- Spectrum Velocity, a Raleigh, NC-based technology company, announces the addition of Dr. Chris Horne, PhD as its new Chief Technology Officer.  Dr. Horne will be charged with managing and directing all engineering activities at Spectrum Velocity in wireless infrastructure solutions including distributive antenna systems (DAS), Small Cells and Wi-Fi. In addition to in-building wireless solutions for enterprise and operators, Horne leads all RF engineering projects including RF Safety and FCC compliance as well as test and measurement activities.  In addition, Dr. Horne will develop strategies for creating new business opportunities in the wireless industry.

Friday, September 12, 2014

Revolution Law Sponsors Coastal Connect Keynote Panel “Starting With the End in Mind”

RESEARCH TRIANGLE PARK & WILMINGTON, N.C. – Revolution Law (, a boutique firm providing collaborative legal services and advice to help move businesses forward, recently sponsored the keynote panel “Starting With the End in Mind” at the highly praised Coastal Connect Entrepreneur and Capital Conference in Wilmington. The firm’s founder, Henry Kopf, introduced the group of knowledgeable speakers including Doug Ellis, DecisionPoint International; David Jones, Bull City Venture Partners; Tom Lotrecchiano, EntreManureShip; Adam Burke, Active Investor from Charlottesville, VA; George Taylor, NextGlass; and Scott Moody, K4 Connect and AuthenTec.

CivaTech Oncology® Receives FDA Approval for CivaSheet™ Brachytherapy Device

RESEARCH TRIANGLE PARK, N.C.-- CivaTech Oncology, a medical device company dedicated to developing innovations in radiation therapy, announced today it has received FDA clearance on its groundbreaking bioabsorbable, planar radiation device. The implantable CivaSheet™ low dose rate (LDR) Palladium source is the only membrane-like brachytherapy device that is truly customizable to a specific patient’s condition and offers a uni-directional option to shield healthy tissue. The product was designed for use either during surgery or with standard, less invasive, implant devices.

Lend Lease and Green Energy Corp. Join Research Triangle Cleantech Cluster

RESEARCH TRIANGLE PARK, N.C. -- Two companies focused on sustainable energy development and deployment have joined the Research Triangle Cleantech Cluster (RTCC), the initiative of business, government, academic and nonprofit leaders working to accelerate the region’s cleantech economy. Lend Lease, one of the world’s largest property, infrastructure and construction management firms, has joined the RTCC as a professional services member. Microgrid software provider Green Energy Corp. has joined as an entrepreneur member.

Viamet Gets Orphan OK for Fungus Fighter

(from NC Biotech Center)
DURHAM, N.C. -- Durham’s Viamet Pharmaceuticals has been granted an orphan drug designation by the U.S. Food & Drug Administration for one of its lead drug candidates, an oral antifungal agent code-named VT-1129. Under the Orphan Drug Act, the FDA may confer the orphan drug designation on a therapy intended to treat a rare disease or condition, generally considered to be fewer than 200,000 people in the United States. Viamet is developing VT-1129 to treat cryptococcal meningitis, a life-threatening invasive fungal infection of the lining of the brain and spinal cord. The company expects to submit an investigational new drug (IND) application for VT-1129 to the FDA so it can begin testing in human clinical trials during the first half of 2015.

SAS Study Shows Focus on Customer Experience Fosters Customer Loyalty

CARY, N.C. -- Chances are, your keychain or wallet is loaded with loyalty cards. But do loyalty programs – designed to help retain valuable customers – really work? In a recent study from the International Institute for Analytics (IIA), only 16 percent of respondents reported they have a “very effective” loyalty program. Can this be improved? Sponsored by SAS, “Keeping Customers: Successful Loyalty through Analytics” surveyed 325 organizations operating a customer loyalty initiative. The study found that those with “highly effective” programs had two goals: creating strong brand affinity and improving customer satisfaction. They emphasize customer experience over inward facing goals of customer retention, and before expecting customer loyalty.

Tar River Center for History and Culture Lecture Series Opens September 25

LOUISBURG, N.C. -- The Tar River Center for History and Culture is proud to announce its 2014-2015 Lecture Series, focusing on “The Early Development of the Tar River Valley of North Carolina.” Lectures are held Thursday evenings, beginning at 7:30 p.m. in the Benson Chapel of Louisburg College. All are free and open to the public. Parking is available in front of the chapel and adjacent to the Jones Performing Arts Center (both parking areas are accessible from College Street, Louisburg). For more information, please contact Maurice York at or (919) 497-3252 or visit

Coventor Expands MEMS Modeling Offering With Latest Release of MEMS+® Tool Suite

CARY, N.C. -- Coventor®, Inc., the leading supplier of design automation software for micro-electromechanical systems (MEMS), today announced immediate availability of the latest version of its MEMS+® design solution for accelerating development of advanced MEMS devices and systems. MEMS+ 5.0 features an expanded modeling library to enable simulation of a greater variety of devices, with a particular focus on the unique challenges of micro-mirrors and piezo-electric devices. It also adds a new capability to create and export reduced-order models (ROMs) to the MATLAB® Simulink® environment from The MathWorks, Inc. to enable extremely fast and accurate non-linear simulations of MEMS-based systems. This supplements the existing capability to export ROMs in Verilog-A format for simulations of MEMS with electronics in widely used EDA simulators such as the Cadence® Spectre® circuit simulator.

New Executive Director to Lead Housing for New Hope

DURHAM, N.C. -- The Board of Directors of Housing for New Hope announced today Gretchen Senez as its new Executive Director effective October 1, 2014. “Gretchen demonstrates a strong capacity for creating innovative solutions for homeless families and individuals, and brings this expertise to our mission in service to our beloved community,” stated Adrian Brown, Director, Investor Relations, with the Greater Durham Chamber of Commerce and Chair of the Housing for New Hope Board of Directors.  “In her previous role at Unity House[i], Gretchen skillfully took that agency to the next level; a capability we sought in our search process.  The board and staff have worked hard to position Housing for New Hope for this opportunity, and for growth.  Having successfully navigated an agency with a budget ten times[ii]  larger than ours and a staff of 350, we are anticipating great things under her leadership."