|(05/29/09) - You may soon move more quickly
through airport security thanks to Mayor Don Plusquellics efforts to bring new jobs
The relationship that Plusquellic started
with the signing of an agreement with Israels Targetech Innovation Center is
creating more new jobs, already, and the promise of a smoother and better security process
at our nations airports.
Two Israeli companies announced today their plans to move
into Akrons award-winning Global Business Accelerator on South Main Street. The
Accelerator currently houses 47 entrepreneurial ventures providing 257 jobs for Akron area
Added to the list today are Teraphysics Security Inc (TSI)
and ICS (Innovative Communication Solutions, LLC).
Mayor Don Plusquellic is pleased to see the progress in the
relationship and the jobs coming to Akron. "We have worked hard to market ourselves
around the world, and this is the proof that there are dividends to these
investments," he said. "Even before companies have graduated from Targetech,
other companies in Israel are now interested in Akron, and businesses here that might be
interested growing in the Israeli market are also coming to us."
Teraphysics Security Inc. specializes in
homeland security via sophisticated technology that would add the first new procedures at
airports and other checkpoints since the implementation of X-ray scanners and metal
detectors more than three decades ago.
Innovative Communication Solutions is a wholly owned
subsidiary of CSI, Cellular Systems International in Israel. It develops and supplies
cellular-based remote management of critical data for use anywhere a client needs real
time detection, monitoring, control and repairs.
ICS was formed in Akron so a major part of CSI's remote
monitoring activities could move to the United States. It comes by way of the Akron-Israel
relationship formed in 2006 when Mayor Plusquellic led a delegation to Israel and the city
of Netanya, home of the high-tech incubator known as Targetech Innovation Center.
This trip resulted in a formation of Greater Akron
Investment Partners LLC (GAIP), a holding company formed by private sector investments in
association with city and county government. The City of Akron is a major investor in
GAIP, and this project is the first partnership of its kind between an Israeli incubator
and a U.S. city. The Targetech Innovation Center leverages significant investments by the
Israeli government and specializes in taking emerging innovative ideas in biotech,
electronics, Internet technology, manufacturing systems and materials engineering and
advancing them to the stage of prototyping and initial market entry.
Companies normally stay in Targetech for three years,
and under the agreement with GAIP, new incubator graduates wanting to expand to the U.S.
market would come to Akron, set up in Akron's Global Business Accelerator, hire some of
Akrons residents and take advantage of the region's strong market and business
Dr. Zev Gurion is president of New Global Ventures, an
affiliate of the Akron Development Corporation and a principal player in the Akron-Israel
relationship. He said today, "Although CSI is a more mature company and not one of
the Targetech portfolio companies, its decision to seek a relationship with Akron came
from its learning of Akrons million dollar investment in Targetech. This is a reward
of Akrons activities and investment in Israel."
Eli (EL ee) Ben-Meir (MAY eer), CSIs chief technology
officer is happy for the opportunity Akron offers. "I was pleased to learn of
Akrons interest. The support we received in assessing how we establish a presence in
the US, create the company, and develop strategic business relationships has been
invaluable," he said, and added, "the successful start up of ICS in Akron will
pave the way to several other IT companies to make a similar move."
ICS plans to establish its Global Operations Center in
Akron, to help CSI in Israel obtain business opportunities in the U.S. market, localize
products and form agreements with some of the key communication sensor manufactures here
in the States. The companys investment will be roughly $2 million in Akron at the
outset and it plans to create 30-35 jobs within three years.
The activities to be relocated to Ohio include: further
developments of existing systems, development of new products and the development of
marketing and sales channels of current and future product lines, such as something called
Remote Base Station monitoring and control System helps
minimize network failure. Users can monitor the performance, for instance, of cellular
phone towers, diagnose problems and make repairs---remotely---without dispatching
technicians to ascend cell towers.
Based on the concept that allows central management
of many parking facilities (both on and off-street) and of on-line credit-card-clearing
from fixed or mobile parking equipment, the company created a new solution which is based
on its client-server methodology. Using this technology, a parking facility owner or
operator would see benefits such as a secure web access to its parking information that
would facilitate strategic placement and pricing of on and off-street parking. IT would
also provide a dramatic reduction in parking infrastructure and operational costs.
ICS, through a strategic alliance with AMPCO System
Parking, is developing a pilot parking management project for the City of Akron. ICS is
also exploring using its core RBSS technology, new methods of monitoring and remote
management traffic signals.
The company also has plans to work with First Energy in the
area of saving street light electricity cost and apply smart monitoring solutions on the
electricity consumption units and has potential in the home health care industry.
ICS also possesses the capability of monitoring home-bound
patients care through new technology.
Teraphysics Security Inc. (TSI)
An example of a regional company that approached the city
about Israel is Teraphysics Corporation, headquartered in Cleveland. It has developed an
innovative technology platform utilizing a high power source of Terahertz radiation for a
broad range of potential applications.
One of the first marketing areas it wanted to explore was
the homeland-security segment, and it was looking to partner with an Israeli company that
has strong access to the market.
With Akrons assistance, it identified an appropriate
Israeli partner and formed a joint venture with the Israeli company Tamar Explosives.
Tamar has expertise in explosives detection and regulation and has developed homeland
security relationships with the United States TSA (Transportation Security
Administration), the FBI and the Israeli Security Agency. The partnership is considered
the ideal method for introducing Teraphysics technology to the world via
Tamars global capabilities.
TSIs technology can detect the existence of concealed
explosives on a person. For example, passengers may no longer have to take their shoes off
at airport security checkpoints. The technology enables security personnel to see through
materials to remotely identify matter, such as explosives.
Lou Fisi, (fih-ZEE), chief executive officer of Teraphysics
Corporation and an Akron native observed, "This has potential as a launching pad for
security and military/defense applications. Teraphysics and its so-called disruptive
technology also has revolutionary uses in medicine, bioscience and wireless
TSI would be headquartered in the Global Business
Accelerator and is expected to bring 45-50 new jobs to the area within five years.
Fisi added, "I believe this technology will be
transforming for this area, with the potential of mirroring the success achieved in the