Comments
cloudhosting14 wrote: As you would already know that managed hosting itself is another form of Cloud hosting in which the system administrations of servers is looked upon by the CPs. Similar is the case with managed multi Cloud hosting. You can very well understand how a big burden it would be to manage multi cloud servers for organization; this is why a service known as managed multi Cloud is provided to these users. This service ensures them the seam less running of their system administrative operations while organizations focus more on t...
Cloud Expo on Google News

SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
TruTouch Technologies Tops Up $4.3M B-1 Round of Financing; iTulip Community & Launchpad Venture Group as Leads

TruTouch Technologies, a pioneer in non-invasive biometric alcohol detection systems, today announced that it has topped up its B-1 Financing to $4.3M, which will enable the company to build sales revenues towards profitability.

Dr. Richard D. Gill, President & CEO of TruTouch, said, “This Top Up Financing coincides with the commercial launch of our TruTouch 2500 alcohol detection device that monitors fitness for duty in workplace applications. The TruTouch measurement offers employers, individuals, and society in general the tools to intercept alcohol consumption before it does harm.”

TruTouch products employ an advanced alcohol detection technology that uses light to measure a subject's alcohol level without collecting bodily fluids or other invasive means. A user places a finger on a fiber optic touchpad that analyzes the alcohol concentration in the user's body while simultaneously verifying the identity of the user. Unlike other technologies, TruTouch products require no user training, no disposables, no samples such as blood, urine or breath, and no operator assistance or supervision. The self-administered test detects employee alcohol use, allowing employers to take action before a shift begins and preventing impaired employees from performing high risk occupations or activities.

Eric Janszen, Founder of iTulip, Inc., said, “Our community is supporting the launch of the TruTouch 2500 by providing the necessary capital to enable TruTouch Management to address the next stage of growth in a growing market. We are proud, along with Launchpad Venture Group, to have lead in the syndication of this Top Up of the round of financing.”

Current TruTouch applications include:

  • Workforce Workplace Safety Systems

Future TruTouch applications include:

  • Medical Diagnostic Systems
  • Alcohol Point-Of-Sale Liability Reduction Systems
  • Law Enforcement Systems
  • Industrial Safety Systems

About TruTouch Technologies

TruTouch Technologies, Inc., develops, manufactures and sells patented noninvasive biometric alcohol testing systems into both existing and emerging alcohol testing markets. Inspired by the potential to place its passive, durable systems virtually anywhere, TruTouch's vision is to create a world where alcohol consumption is routinely intercepted before it does harm.

About iTulip, Inc.

iTulip, Inc., is the Lexington, MA based global online economics and financial markets community founded by Eric Janszen in 1998 with more than 50,000 members and 1,000 subscribers from 75 countries, that The New York Times, CNBC, and others credit with more than a decade of accurate economic and market forecasting.

About Launchpad Venture Group

Launchpad Venture Group is a Boston-based angel investment group that provides funding to early-stage companies. LVG seeks innovative, technology-driven startup companies addressing a significant market opportunity where investment can make a difference. LVG introduces entrepreneurs to potential investors through business plan presentations at monthly meetings. LVG consists of individual angel investor members interested in achieving superior returns by financing privately held companies at an early stage of development. LVG is the largest angel investing group in the Northeast, with a broad base of very active members coming from a variety of backgrounds and professions, including the technology, financial service, industrial and life science communities. As a group, LVG is well connected to potential customers, service providers, partners and future sources of financing.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
One of the most compelling promises of the cloud is that you can pull out a credit card and be working in minutes. No purchase orders to fill out, no equipment to wait for on the loading dock. Just instant access to the resources you need, when you need them. But accessibility co...
In his session at 12th Cloud Expo | Cloud Expo New York [June 10-13, 2013], Intel's Chris Black will review the background of Apache Hadoop, its application, and methods to accelerate data system clusters with Intel SSD technology. The session will overview the genius of Hadoop a...
SYS-CON Events announced today that Wowrack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York. Wowrack’s core expertise lies in high-availability Private and Public Cloud IaaS Hosti...
Cloud computing must have been brushing up on its bedside manner. HIPAA requirements now stipulate everyone in the health-care industry must begin migrating patient records and other data to cloud computing. By 2015, all medical professionals with access to patient records must ...
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021

SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News
NComputing, the leader in accelerating the adoption of desktop virtualization, today announced the l...