Stevens 'Disruptive Technologies Roundtable' #1, June 28

Dr. Helena Wisniewski, VP for university research, hosts 1st in series

HOBOKEN, N.J. -- Dr. Helena S. Wisniewski, vice president for university research & enterprise development at Stevens Institute of Technology, will organize and host a series of monthly "Disruptive Technologies Roundtables" at Stevens. The first in the series will be held on, Wednesday, June 28, 2006, 11:30 a.m.-1:30 p.m., in the 14th Floor Board Room of The Wesley J. Howe Center, two blocks east of Washington & 8th Streets in Hoboken. Luncheon will be served and members of the media are welcome to attend.

The program is a by-invitation roundtable discussion, and the inaugural June 28 featured topic is "Ultra-Sensitive Sensors for Perimeter Security and More," specifically technologies that form the basis for the Stevens Technogenesis® start-up company, Castle Point Scientific, LLC.

The presentation will include discussions of the technology, the applications, and the business case and demonstration (see Company Executive Summary below).

"We intend that these roundtables become important monthly forums at Stevens," said Vice President Wisniewski. "Research at the Institute is producing amazing disruptive technologies with surprising applications of great interest to business and government. We want to take advantage of our proximity to the business center of the world in New York City to raise awareness of these opportunities, along with related issues, among the research, venture capital and commercial products communities."

The second in the series of Disruptive Technologies Roundtables, concerning another Technogenesis start-up, Stevens Proof of Concept (SPOC) – a biomedical technology application for muscle-pain detection – will be scheduled for late July at Stevens. Please watch for further details.

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About Castle Point Scientific LLC

Castle Point Scientific, LLC (CPS) is a Technogenesis company formed at Stevens Institute of Technology by the office of University Research and Enterprise Development along with the technology inventor, Professor Hong-Liang Cui. Castle Point Scientific's mission is to commercialize technology developed at Stevens for next-generation fiber optic-based ultra-sensitive sensing systems, which have demonstrated superior performance and promise to be a revolutionary approach for a diversity of sensor-based applications. These applications include systems for perimeter and border security and counter-terrorism applications – by detecting and characterizing intruders, including the approach of vehicles; measuring non-invasively the strain in structures (for example, bridges, buildings); detecting presence and level of gases in tunnels and underground mines to prevent disasters; and oil exploration and well monitoring.

China is one of the initial rapidly growing markets for gas detection in mines and tunnels, and oil exploration. CPS already has strong business relationships in place in China and is establishing a customer base as well as the possibility of low-cost manufacturing facilities. Also, CPS intends to exploit existing business opportunities in the US security market in both government and industry.

The core team is in place with the CEO, CTO, CFO, a Board of Directors, and key engineering and sales/marketing positions. These are filled by experienced managers and engineers from major corporations. CPS's location at the center of the east coast optoelectronics industry and its association with Stevens Institute of Technology, one of the leading technological universities in the country, will allow CPS to rapidly add talented and qualified people as needed.

CPS obtains its superior sensor performance through its patent pending technology which is based on Fiber Bragg Gratings (FBG) – optical devices that detect mechanical strain. An array of FBG's, together with its spatial arrangements, provides the improved sensitivity. The vibrations caused by movement of people or vehicles place a strain on the FBG causing the light passing through to undergo a shift in wavelength. This shift is proportional to the size of the vibration and indicates small frequency changes to accurately determine the cause of the strain – for example, a person, vehicle or animal.

Compared to conventional electronic and electromechanical sensors, CPS sensors are faster, smaller, lighter, and more sensitive, with a wider bandwidth. Over the last two years, CPS prototypes of perimeter defense systems have been developed for and tested by the US Army at Ft. Dix, N.J., and Eglin Air Force Base, Fla., with performance that exceeds that of existing systems by more than 30 percent. CPS sensor systems for oil exploration and bridge structural integrity have been tested by Chinese customers with superior results. In addition to licensing intellectual property successfully and launching start-up companies, Stevens has had several successful liquidity events, such as the sale to major corporations of two of its Technogenesis start-ups, HydroGlobe and PlasmaSol.

About Stevens Institute of Technology

Established in 1870, Stevens offers baccalaureate, masters and doctoral degrees in engineering, science, computer science, management and technology management, as well as a baccalaureate in the humanities and liberal arts, and in business and technology. The university has enrollments of approximately 1,780 undergraduates and 2,700 graduate students, and a current enrollment of 2,250 online-learning students worldwide. Additional information may be obtained from its web page at www.Stevens.edu. For the latest news about Stevens, please visit www.StevensNewsService.com.


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