Tech news from around the state.
Privasafe offers Spyware Slayer
Fort Lee-based Privasafe, a consumer products company offering subscription e-mail and ISP services, is now including Spyware Slayer in its suite of privacy protection software that is free to users with a monthly subscription to Privasafe e-mail.
Privasafe with free Spyware Slayer software helps protect usersâ personal computers from these risks and keeps them from slowing down and crashing from unwanted toolbars and pop-ads being unknowingly delivered and downloaded to the PC.
TelCove to expand fiber-optic network in Newark
TelCove, a Pittsburgh company that recently acquired Bedminster-based KMC Telecom, will expand its fiber-optic network in Newark.
TelCove plans to build out into the Central and East Wards of the city, reaching customers in the Gateway office buildings and riverfront office complexes. Infrastructure improvements will serve business and wholesale customers, including a major telecommunications carrier, said Rob Sienrukos, TelCove’s general manager for New Jersey.
As part of the build-out, TelCove will open a sales office at 165 Halsey St. in Newark. The company will invest more than $1 million in the expansion project, Sienrukos said.
TelCove provides Internet, data and voice services to businesses via a secure fiber-optic network. The company’s New Jersey market extends from Boonton in Morris County to Long Branch in Monmouth County to Lebanon in Hunterdon County, Sienrukos said.
Milestone raises investment funds
Milestone Scientific, a Livingston company that develops, manufactures and markets computer controlled local anesthetic delivery systems for medical and dental applications, raised $850,000 in a private placement offering with two unidentified institutional investors.
Presley Enterprises signs with eFashion
Elvis Presley Enterprises (EPE) announced it has signed the nation’s leading ecommerce provider, Secaucus-based eFashion Solutions LLC to manage the global web-retailing for officially licensed and trademarked Elvis products. eFashion Solutions, LLC will be responsible for the worldwide Web-marketing and Web-retailing for all merchandise that bears the Elvis trademark, likeness, and image of Elvis.
Nazara gets Minook licensing
I Create International Inc., an intellectual property licensing and design company, awarded the global wireless/mobile telephone platform rights for content based on and around the Minook and the Brainbots character property to Middletown-based Nazara Technologies Private Limited.
The brand consists of Minook, his army of 100 Brainbots, and the cyborg villains Cyber Mobsters.
GoAmerica merges with HandsOn
A Hackensack company that uses the Internet to help deaf people communicate with hearing people agreed to merge with a California firm that provides similar services.
Under the terms of the agreement, shareholders of Rocklin-based Hands On will receive shares of GoAmerica, which offers a variety of wireless, relay and prepaid servicers to people who are hard of hearing.
The merger has been approved by the boards of directors of both companies, but is still subject to shareholder approval. Dan Luis, chief executive of GoAmerica, will remain as CEO of the new company. GoAmerica’s headquarters will remain in Hackensack and Hands On will operate as a subsidiary from its California location.
Growth Company Showcase planned
The Growth Company Showcase is planned for Sept. 30 at the Wyndham-Newark Airport.
The Growth Company Showcase is an event established to enhance long-term interaction and cooperation between technology companies and members of the investment community.
Attendees will hear presentations by the CEOs and CFOs of top regional public and private technology companies representing various industries including biotech/pharmaceutical, internet/e-commerce, software, communications, environmental and electronics.
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