Deb Neuman Featured in Communities and Banking Magazine
The Director of the Target Technology Incubator, Deb Neuman, is featured in the latest issue of Communities and Banking Magazine published by the Federal Reserve Bank of Boston. A full pdf version of the article can be found here:
Orono, ME – August 30, 2007 – Intelligent Spatial Technologies, Inc. (iST), a technology leader in Location-based Services for mobile users, is pleased to announce the expansion of its management team.
Ted Broers will be joining iST as our new CEO. Ted brings experience working with developing businesses as Managing Partner, MentorVest LLC and international business experience as Director of Corporate Business Development at National Semiconductor. Additionally he has experience in middle market mergers and acquisitions while a Principal at Silicon Valley Bank's Alliant Partners.
Bobbi Pike will be joining iST as our new VP of Business Development and Sales. Bobbi brings 30 years of business professional experience that spans several industries. Bobbi is a successful serial entrepreneur, investment banker, and business advisor.
Roger McPherson is joining iST as our new VP of Engineering. Roger brings 25 years experience in the semiconductor industry with Texas Instruments, General Electric, Integrated Silicon Systems, and Cirrus Logic.
According to iST’s CTO, Chairman & Founder Chris Frank, “We are very excited. With these additions to our management team iST is well poised to make the strategic alliances necessary to launch the iPointer on a national scale.”
Technology Enables Two-Way Flow of Information
The iPointer™ is a location-based service platform that enables a broad suite of navigation, search, and social networking services including: maps and directions, friend finder, buddy tracking, Geotagging, geoblogging, geocasting, proximity search, proximity alerts, interactive maps, and targeted advertising. These applications will run on most mobile communication devices with a GPS and a wireless data connection. All of these services benefit from the dynamic content retrieval and update capabilities of iST’s Web-based geospatial search engine and content delivery architecture. Add in a digital Compass accessory and mobile users with the iPointer™ running can take advantage of iST’s patented pointing-based search algorithms to simply point at a building, landmark, or other point-of-interest to receive on-demand information such as photographs, promotions and audio descriptions.
In sum, the iPointer™ provides a single integrated platform for delivering next generation location-based services today.
The iPointer™ system is comprised of global positioning system (GPS) and Digital Compass technology integrated into a Premium Cell Phone, a wireless network, and iST’s geospatial database. This allows users to move at their own pace, pointing and learning at will. When users wish to identify a landmark, they point iPointer™’s hand-held device at it and press a button. The iPointer™ device receives coordinate signals from GPS satellites and orientation information from the digital magnetic compass to identify the user’s location and the device’s pointing angle. These coordinates are then sent over the wireless network to the database. iST’s geospatial database’s selection algorithms identify the selected landmark and send information back over the wireless network to be displayed in text, visuals and audio on the user’s device.
Pricing & Availability
iST charges for the creation of iPointer™’s geospatial database and installation of its iPointer™ system, then provides the hand-held user devices and support services for a monthly charge. iST will also install the iPointer™ system and train onsite personnel for those facilities that want to take ownership and operate iPointer™ as a proprietary system. For information on installation and service contract pricing contact iST’s sales office, (207) 866-6521, or visit the company’s website www.i-spatialtech.com
About Intelligent Spatial Technologies, Inc.
Founded in 2003 and privately held, Orono Maine based iST develops location-based services and technologies for mobile users. iST has developed the iPointer™ system, a pointing technology that enables specific content about selected landmarks to be delivered to a mobile user, based on geographic location and orientation. iPointer™ answers mobile users’ questions “where am I and what am I looking at?” For more information on iST, its technology and products, visit the company’s website www.i-spatialtech.com.
Senate Honors Intelligent Spatial Technologies
Washington, DC – July 19, 2007 – United States Senator Olympia Snowe (R-ME) submits a statement in the Congressional Record of the 110th United States Congress honoring Intelligent Spatial Technologies. The Congressional Record is the official register of the proceedings of both the United States Senate and the United States House of Representatives. All floor speeches, debates, statements, and messages are printed in this document to detail the Congress' work.
Honoring Intelligent Spatial Technologies
Ms. Snowe. Madam President, I wish to congratulate Intelligent Spatial Technologies, a company founded by a tremendously innovative young entrepreneur for my home State of Maine. Intelligent Spatial Technologies of Orono is a software and data company that was launched in 2003 by Christopher Frank.
The successful operation of Intelligent Spatial Technologies is a beacon to all young entrepreneurs who dream of starting up their own business. Mr. Frank founded Intelligent Spatial Technologies while a student at my alma mater, the University of Maine at Orono. While there, he worked with an all-University of Maine alumni team to grow and develop an innovative idea he dreamed of to provide location-based information on-the-go. After graduation for the University of Maine, Mr. Frank applied to become a tenant in the Target Technology Incubator. Supported by the University of Maine, the Community College System, and the Maine Small Business Development Centers, the Incubator offers early-stage tech-based companies the training and tools necessary to make their ventures a success.
With the help of the Target Technology Incubator and over a million dollars in Federal and State research grants, Mr. Frank was able to realize his idea and transform it into a new, vibrant business in the State of Maine. Today, Intelligent Spatial Technologies is a leading developer in the fast-growing industry of Location-based Services, which is a particularly remarkable achievement when one considers that the current market value for GPS-related products is an estimated $12 billion.
Notable, Intelligent Spatial Technologies was able to successfully market its first product, the iPointer, to the University of Maine. The iPointer is an advanced device that empowers users to explore a defined area by pointing at landmarks and receive feedback in the form of text and audio-visual images over a wireless Internet connection. The University of Maine uses the product to provide prospective students with informative, custom tours to familiarize them with the university campus. The iPointer is the cornerstone of Intelligent Spatial Technologies and a unique contribution to the location-based services industry. It is terrific to see that Mr. Frank wants to expand the use of his creative technology to more everyday uses, such as use with digital cameras, cellular phones, and hand-held computers.
Before concluding, I would be remiss not to mention that Christopher Frank was named Maine's Young Entrepreneur of the Year by the U.S. Small Business Administration in 2006. His cutting-edge technology and stellar leadership is highly respected in the Bangor community. Not only does Mr. Frank show leadership as CEO and founder of Intelligent Spatial Technologies, but he also is a co-founder of FUSION Bangor, an organization which aims to engage young people in community leadership through forums, meetings and similar events. Mr. Frank has shown that no matter what your age, you can have an impact on both the business community and the local community.
The State of Maine is incredibly proud of Intelligent Spatial Technologies. To see a college student realize his business dream --while still a student, no less-- is always inspiring. I wish Christopher Frank and everyone at Intelligent Spatial Technologies continued success.
Innovative Point and Learn Technology Receives Patent
Orono, ME – August 20, 2007 – Intelligent Spatial Technologies, Inc. (iST), a technology leader in Location-based Services for mobile users, has been granted its first patent for the iPointer™ Mobile Search and Content Delivery Platform.
According to iST's CTO & Founder Chris Frank, “This new patent solidifies the iPointer's™ presence in the market as an innovative mobile local search and content delivery platform. It also affirms our position in enabling wireless operators and content providers to offer mobile local search solutions for cell phones.”
The iPointer™ is a location-based service platform that enables a broad suite of navigation, search, and social networking services including: maps and directions, friend finder, buddy tracking, Geotagging, geoblogging, geocasting, proximity search, proximity alerts, interactive maps, and targeted advertising. These applications will run on most mobile communication devices with a GPS and a wireless data connection. All of these services benefit from the dynamic content retrieval and update capabilities of iST’s Web-based geospatial search engine and content delivery architecture. Add in a digital Compass accessory and mobile users with the iPointer™ running can take advantage of iST’s patented pointing-based search algorithms to simply point at a building, landmark, or other point-of-interest to receive on-demand information such as photographs, promotions and audio descriptions.
In sum, the iPointer™ provides a single integrated platform for delivering next generation location-based services today.
The iPointer™ system is comprised of global positioning system (GPS) and Digital Compass technology integrated into a Premium Cell Phone, a wireless network, and iST’s geospatial database. This allows users to move at their own pace, pointing and learning at will. When users wish to identify a landmark, they point iPointer™’s hand-held device at it and press a button. The iPointer™ device receives coordinate signals from GPS satellites and orientation information from the digital magnetic compass to identify the user’s location and the device’s pointing angle. These coordinates are then sent over the wireless network to the database. iST’s geospatial database’s selection algorithms identify the selected landmark and send information back over the wireless network to be displayed in text, visuals and audio on the user’s device.
Pricing & Availability
iST charges for the creation of iPointer™’s geospatial database and installation of its iPointer™ system, then provides the hand-held user devices and support services for a monthly charge. iST will also install the iPointer™ system and train onsite personnel for those facilities that want to take ownership and operate iPointer™ as a proprietary system. For information on installation and service contract pricing contact iST’s sales office, (207) 866-6521, or visit the company’s website www.i-spatialtech.com
About Intelligent Spatial Technologies, Inc.
Founded in 2003 and privately held, Orono Maine based iST develops location-based services and technologies for mobile users. iST has developed the iPointer™ system, a pointing technology that enables specific content about selected landmarks to be delivered to a mobile user, based on geographic location and orientation. iPointer™ answers mobile users’ questions “where am I and what am I looking at?” For more information on iST, its technology and products, visit the company’s website www.i-spatialtech.com.
Student Innovation Center Open House
Do you have an idea? Are you an inventor? Do you like to be creative? Do you like to make things happen?
Then the Student Innovation Center is the place for you! Come learn about the new Student Innovation Center at the Open House on Thursday, September 28th. This new building will be a place where students obtain the knowledge, tools inspiration to become innovators and entrepreneurs. We'll help you create your own future!
OPEN HOUSE AGENDA: 10:00 am to 2:00 pm -- Exhibits by Maine small business resources 11:00 am -- A welcome by President Kennedy 11:20 am -- "What's the IC all About?" Deb Neuman and Renee Kelly on the Innovation Center's mission, purpose and future projects 12:00 noon -- "Getting to Know Us" Lunch and tours of the Innovation Center 1:00 pm -- "Been There, Doing It" A panel of UMaine entrepreneurs
FREE Pizza, Drinks, and Door Prizes!!
Directions: Take the Stillwater Avenue exit (#193) off I-95. Turn right off the exit ramp if you're coming from the south and turn left off the exit ramp if you're coming from the north. At the fourth light (McDonalds and KFC are on the corners), take a right on to College Avenue. Look for the big University of Maine sign and Alfond Arena with the big white roof. Turn left here on to Long Road and proceed up the hill. At the gymnasium, the road curves sharply to the right, and then again to the left. Pass by Beddington and Flagstaff Roads on your right. After Flagstaff, you will see a parking lot and then a wooded area. The Innovation Center is in the wooded area between Jenness Hall and Patch Hall.
Parking permits are available at Bear Necessities in the Alfond Arena (near the entrance to campus).