|
DynaMotors Selected to Present Innovative New Variable Speed Motor Technology at 2010 WBT Showcase
WBT2010
CLEVELAND--(BUSINESS WIRE)--DynaMotors, Inc. is one of over 100 companies and technology innovators from across the nation and around the world selected to present and compete for top honors at the WBT2010, March 16-17 in Arlington-DFW, Texas. WBTshowcase is a premier emerging tech forum offering high caliber matchmaking prospects to selected companies.
“The conventional wisdom for venture capital is that a down economy can be a great time to invest”
DynaMotors variable speed control technology, which embeds solid state switches in the rotating windings of a motor, will be rigorously prepped by WBTshowcase commercialization experts to present to participants including venture capitalists and Fortune 1000 licensees. (Over 500 professionals attended last year’s event.)
“The conventional wisdom for venture capital is that a down economy can be a great time to invest,” said Paul Huleatt, WBTshowcase CEO. “The pace of new innovations is accelerated, the best deals rise quickly to the top and sophisticated investors receive great value for their money.” According to Mr. Huleatt, one in three WBTshowcase presenters goes on to secure venture funding, license their technology, or sell their IP outright, representing over $450 million raised to date.
Bill Jones, DynaMotors CEO remarked, “DynaMotors is very pleased to be recognized as a premier start-up enabler for our groundbreaking, high efficiency motor technology. The unique DynaMotor provides a compact integrated package that simplifies product design and can provide considerable energy savings in sustainability initiatives.”
Mr. Huleatt highlighted that the companies groomed to present at the WBTshowcase leave with new knowledge and contacts to take their technologies to the market and beyond.
DynaMotors is currently completing approvals needed to begin shipping the companies’ first OEM order. A new motor is also in development that will increase the comfort, air quality, and efficiency of residential HVAC systems.
ABOUT DynaMotors, Inc.
DynaMotors Inc. manufactures the DynaMotor; a novel AC motor that produces torque and speed through the control of switches embedded in the motor’s rotating armature. The DynaMotor technology delivers a compact and integrated variable speed motor with precision speed control and very high torque at low speeds. www.dynamotors.com
ABOUT WBTshowcase
The WBTshowcase is the nation's premier event showcasing the largest collection of undiscovered technologies emanating from the world’s leading universities, labs and research institutions. The 2010 WBTshowcase will be held March 16-17 in Arlington-DFW, Texas. www.wbtshowcase.com
Media Contact:
Patti D. Hill
Penman PR
512.218.0401
patti@penmanpr.com
|