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The May Report: 5/7/2010: Hardy Bhatt is royally ticked — with good reason: Cape Cod got more broadband money than the City of Chicago!; Jim Greenwood, the head of BIO, hints to Daley and Quinn that BIO’s return here in 2013 could depend on cleaning up t

The May Report May 7th, 2010

May 7, 2010

The May Report: 5/7/2010: Hardy Bhatt is royally ticked — with good reason:
Cape Cod got more broadband money than the City of Chicago!; Jim Greenwood, the
head of BIO, hints to Daley and Quinn that BIO’s return here in 2013 could
depend on cleaning up the mess at McCormick Place; Local job hoppers: Sirt
bolts crowdSPRING for Threadless; Craig Bradley to Wildman Herrold, and more….

Editor and publisher: ron@themayreport.com, ronaldmay@aol.com,
www.themayreport.com , 773-525-3944.

If you missed an article, go here:
www.tmronline.com/A55951/tmrarticles.nsf/vwFullNewsletter
_________________________________________
*******************************
Workshops at Web Content 2010 Chicago Conference

Choose from Four ½ -day web content strategy workshops plus a full day of
breakout sessions at the fourth annual Web Content 2010 Chicago, June 7-8 at
the Gleacher Executive Conference Center.http://www.webcontent2010.com

Workshops Include:

Kristina Halvorson on Content Strategy
Seth Earley – Using Taxonomies to Improve Search
Matt Morse – Use Sharepoint to Power your Internet Site
Expert Panel – Web Enablement with Drupal for Non-Profits & Small Business

Register bit.ly/WebContentRegister
********************************
_______________________________
TABLE OF CONTENTS

The Scoop section:

— Briefly noted, by Ron May
— OpenCape (Cape Cod, MA) Receives $32 Million NTIA Broadband Grant to Build
Open Access Middle Mile Network
— City of Chicago: Chicago is awarded a $7 million sustainable broadband
adoption grant with an additional $2.3 million applicant-provided match to spur
economic development in five disadvantaged neighborhoods
— Statement from Juan A. Ochoa, CEO of the Metropolitan Pier and Exposition
Authority
— First phase of $300 million upgrade approved at Argonne
— Milwaukee-based Douglas Dynamics raises $112.5MM in its IPO
— Groupon Opens Silicon Valley Technology Office
— Keith Bank, formerly a VC with KB Partners, now an angel investor, is
clubbing it
__________________________________
*******************************************************
TONIGHT is Guys Night Out for the Kids
Benefiting the Chicago Children’s Advocacy Center

Friday, May 7, 2010 5pm-9pm
Carmichaels Chicago Steak House, 1052 W. Monroe

About Guys Night Out
Don’t miss the chance to hang with “the guys” on Friday, May 7 at Carmichael’s
for the 3rd Annual Guys Night Out for the Kids presented by US Cellular. The
event kicks-off with an outdoor Happy Hour in the courtyard followed by an
indoor barbeque, games, golf pros, hand-rolled cigars and celebrity athlete
appearances. There will be a live auction featuring unique items such as a VIP
package to a White Sox game including batting practice on the field or a suite
to a 2010 Bears game.

The evening is being hosted by Mully and Hanley from 670AM The Score, and all
proceeds benefit the Chicago Children’s Advocacy Center (CCAC) for abused
children. Founded by Mayor Daley, the CCAC has served over 19,000 abused
children and their families since opening its doors in August 2001.

Details
Date: Friday, May 7, 2010
Where: Carmichael’s Steak House, 1052 W. Monroe
Time: 5pm-6pm Outdoor Happy Hour in the Courtyard
6pm-9pm – Party inside!

Tickets In Advance: $100 5pm-9pm (includes Happy Hour); $75 6pm-9pm

To Purchase Tickets: www.guysnightoutforthekids.org

Current Sponsors:
U.S. Cellular, Cameron Venture Partners, CA, Continental Resources, Huen
Electric, Labor Management Cooperation Committee of Chicago/IBEW, Northern
Trust Corporation, ComEd, Illinois Medical District, Midwest Generation, Sidley
Austin LLP/Partners of Sidley Austin, Johnson & Krol, LLC, Loop Capital,
Bombardier, CDW, Brown-Forman, Goose Island Beer Company and Vienna Beef

For More Information:www.chicagocac.org; 312.492.3720 Melissa Siemasz

************************************************
____________________________________
The Scoop section:
_________________________
Briefly noted, by Ron May

* OK, folks, prepare for three reports today.

When you go a week without a report with so much going on, it is hard to know
where to start. More on why and how that happened later.

BIO was a success and I spent all afternoon Wednesday into the evening there
which could not have been done without that scooter. I will give you all the
details later but let’s start with this.

Attendance this year was about 15,000 and last year in Atlanta it was 14,000
but remember that last year was quite depressed. Two years ago in San Diego
they had over 20,000.

There are always pluses and minuses. But as David Gulley pointed out to me in
our long discussion at the end of the day Wednesday, the Chicago based BIO has
a Midwestern flavor. It is focused on business and industrial, and on
agricultural stuff more here than elsewhere and on partnering.

As I understand it, the head of BIO, Jim Greenwood, speaking right in front of
Mayor Daley and Governor Quinn, said that they would love to come back in 2013
which is the plan, but as I hear it he also said that they have some
uncertainty because of McCormick Place. In fact, see below, Juan Ochoa resigned
on Wednesday, May 5th, from the MPEA while the conference was going on! Great
way to sell the city, Juan. NOT.

One of my few inside sources on such matters tells me that there were a lot of
issues with Juan and that it was time for him to go plus he was basically a
Blago guy. More to come on this.

BTW, why was Gerry Roper at some event having to do with the Cubs this week?
Something about a sign in Wrigley Field? I am asking why Roper is not spending
his time on something more productive. My sources are also telling me that Herr
Weinstein should be examined in the same way that we have looked at the ITA and
the ITDA. Funding, what they do with the money, etc.?

Clinton and Bush spoke on Tuesday at BIO, and Al Gore got a standing ovation
for what I was told was a good talk on Wednesday. He tied things back to
industry. Thirteen governors, mostly from the Midwest, attended the conference,
I heard.

* Next up: What’s wrong with this picture?

My info. is that Hardik Bhatt, CIO of the City of Chicago, is pissed off big
time. Cape Cod got $32MM for broadband, and the third largest city in the
United States, Chicago, IL, got $7MM from the Department of Commerce for
broadband. The city had requested $100MM. But they gave the same amount to Cape
Cod??!!

Hardy is asking: How do you equate the value propositions?

Hardy spoke last Friday at the event down at UIC which was well attended by
insiders from Layton Olson, Bruce Montgomery, Julian Stasch, Eric Garr of the
FCC, Charles Benton of the Benton Foundation, and others from the state and the
city, but very few if any entrepreneurs. Aren’t entrepreneurs also stakeholders
in broadband?, asks Bruce Montgomery. “There was no private sector
involvement,” he told me on the phone this morning. He added that when it comes
to inner city African Americans and Hispanics, all the emphasis is on education
and seniors, not on businesses.

Bruce believes that everything does not revolve around the schools, the old
people, etc. It is not all about so-called community issues. It is also about
businesses. To put this in plain English, Bruce would say people from poor and
under served neighborhoods are not just a charity case. They start and run
businesses too. Where are the entrepreneurs in the thinking and in the
stakeholdership?

Here are three notes from Layton Olson expanding on and corroborating what
Montgomery told me. I always try to check with a second source you know. :-)
++++++++++++++++++++++
Subject: RE: Bruce tells me that many insiders were at the meeting, but few
entrepreneurs?
Date: 5/7/2010 12:13:46 P.M. Central Daylight Time
From: leo@howehutton.com
To: RONALDMAY@aol.com

Bruce is correct. This was primarily an event for community, university and
public sector partners in broadband outreach, and tracking of outcomes on
quality of communities and lives. Singham was the entrepreneurial sector
“commentator” on community anchored broadband outreach and digital literacy
programs for lesser-invested areas. Real estate and business-based LISC
parties were there, as they are the administrators of City’s Smart Chicago
program. A couple of persons came via publicity from May Report, but this was
not a business-focused event.

By the way, it was a terrific event, and streamed and archived by Andy Pincon
of Digital Workforce Education Society at West Side Tech.
——————————————————————————–

From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Friday, May 07, 2010 11:47 AM
To: Layton E. Olson
Subject: Bruce tells me that many insiders were at the meeting, but few
entrepreneurs?
+++++++++++++++++++++++++++++

Subject: RE: Layton, is it true that Cap Cod MA got the same $ as the City of
Chicago?
Date: 5/7/2010 12:05:38 P.M. Central Daylight Time
From: leo@howehutton.com
To: RONALDMAY@aol.com

Hardik Bhatt stated that City of Chicago submitted a comprehensive
infrastructure proposal to Feds, and was turned down, essentially because Fed
money is going to rural places for political reasons, even though 80 percent of
population is urban. He did not see any other major urban area infrastructure
plan funded, and thus no major urban models are involved to emulate, but noted
Cape Cod infrastructure was.

Chicago did get $7 million for adoption outreach services (not infrastructure)
for Smart Chicago in 5 communities. Cape Cod got more than that for
infrastructure.

Commentator Neville Roy Singham of worldwide telecom consulting firm Thought
Works, in Chicago, talked about how overseas places are investing in basic
infrastructure, while US fall further behind in competitiveness. He gave
interesting model of his work with Australia, where they are working to connect
94% of country by fiber and only 6% of real rural areas for satellite.
Essentially, he says US needs a combined urban-rural model of similar nature.
My comment: One key to this can be the railroads with fiber right of way in
rural/urban regions, and Federal authorization of broadband planning as part of
“allowable costs” of multi-county regional planning, being proposed in Fed
surface transportation act. This could anchor urban-rural model-building
cooperation.
———————————
From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Friday, May 07, 2010 11:46 AM
To: Layton E. Olson
Subject: Layton, is it true that Cap Cod MA got the same $ as the City of
Chicago?
++++++++++++++++++++++++

May again. And this on Hardy’s attitude:
+++++++++++++++++++
Subject: RE: Is Hardik Bhatt perturbed about that?
Date: 5/7/2010 12:07:20 P.M. Central Daylight Time
From: leo@howehutton.com
To: RONALDMAY@aol.com

Bhatt, of course, was not pleased, but said they re-submitted a scaled back
infrastructure proposal in Round 2, with decision by NTIA’s BTOP in about
September.
——————————————————————————–

From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Friday, May 07, 2010 11:47 AM
To: Layton E. Olson
Subject: Is Hardik Bhatt perturbed about that?
++++++++++++++++++++++++++++

May again. I’m going over hours of tape and will have much more for you today.

A few little tidbits.

* Craig Bradley left K&L Gates and went to Wildman Herrold about three weeks
ago. He has worked at:

Winston & Strawn
Freeborn & Peters
KMZR
Bell Boyd & Lloyd which became K&L Gates

As you can see, they don’t have his full bio on their site.

++++++++++++++++++++++++++
www.wildman.com/wildman/bradley/?back=1

Craig C. Bradley
Partner

T: (312) 201-2606
F: (312) 416-4849
bradley@wildman.com

Download V-Card
Practice Areas:

Banking & Finance
Business Transactions
Corporate
Corporate Governance
Mergers & Acquisitions
Private Equity
Education:

Indiana University School of Law, J.D. 1983, cum laude, Member, Indiana Law
Journal

Elmhurst College, B.A. 1980, summa cum laude

Craig C. Bradley
Craig Bradley is a partner in the Business Transactions department at Wildman
Harrold. His corporate practice spans a wide array of disciplines including
venture capital, private equity and debt financings, mergers and acquisitions,
corporate organizational and governance matters, securities law, license
agreements, partnering and other arrangements for the sharing of technology and
industrial know-how, intellectual property protection and key employee
compensation agreements and plans. Craig has a special focus on serving as
primary outside counsel for emerging software, life sciences, Internet,
communications and other technology companies. He advises these clients in
general corporate matters and assists in obtaining angel and venture capital
financing and in mergers and acquisitions, initial public offerings and
compensation arrangements. Craig also serves as an Adjunct Assistant Professor,
Northwestern University Kellogg Graduate School of Business.

Publications And Presentations:

* “Protecting the Founder in a VC Deal,” Analyzing VC Deal Terms: Leading
Lawyers on Structuring Term Sheets, Developing Negotiation Strategies, and
Assessing Risks (Inside the Minds), 2008.

Professional Associations:

Member, Board of Directors, Illinois Information Technology Association

Member, Board of Directors, Wildcat Angels, Inc.

Member, Board of Directors, Alliance for Illinois Manufacturing

Bar Admissions:

Illinois

Personal Information:

Recognized by Chambers USA as a Leading Lawyer in Corporate/M&A: Private Equity
++++++++++++++++++++++++++++++++

* Bethany Sirt (talkative PR lady) has left crowdSPRING and is now at
Threadless, and she has the skinny on everyone. Hey, get it? Skinny Corp. That
will be an expensive lunch for me, but well worth it. She also worked at
SitterCity before crowdSPRING. She can dish the dirt.

And now for something really low brow which we can’t leave out or this would
not be TMR.

* www.flickr.com/photos/kellyolexa/4567281062/meta/

friendfeed.com/kellyolexa/d0f8a3a3/jwillie-is-in-heaven

Jeff Willinger tells me has not been married for four years but people who
attended the Sobcon event called me to say that he was openly smooching (the
exact words used were “consuming the face of”) with the women seen in the pics
and that this took place not long after the pics were taken. And no Jeff, it
was not Hope Bertram, Ellis Booker or Steve Lundin. Stop trying to guess my
sources which remain confidential as always.

* Since everyone has Greece on their minds, one Greek guy at the conference
told me that Greece is squeezed in by the EU currency. The Euro makes them more
expensive than Turkey and Morocco and thus it is harder for them to compete.
And Northern Europe is more about manufacturing and industry, whereas Greece
and southern Europe is more about tourism.

They have to get back to their own currency, he said. A cabbie told me
yesterday that he agrees and he added that the Brits, the Russians, the French
and the Germans now go to Turkey on vacation, not Greece! I said that Turkey
does not all those beautiful islands, but he said that Turkey has eleven
beautiful islands, as nice as Greece’s islands.

* Jude Sullivan of K&L Gates tells me that corporate legal biz is picking up
but that 2008 and 2009 were lousy. But he said that the IP guys have been doing
well all along. BTW, Jude, did you catch your train?
I hope I did not delay you from seeing your kids.

* Thornton, Nourie and the whole gang from the Kansas Bioscience Authority were
there and I talked to Tom and Terry Osborn who has also been hired there.
Others from there that I met included Janice Katterhenry, Thomas Krol, David
Vranicar, and Chad Bettes (their PR guy). Tom and Cary spoke at 2:30pm
Wednesday afternoon on a panel in the biosecurity track. I did not see their
talk, but I did go to the reception at 5:30pm on that floor.

* Cedric Loiret-Bernal, formerly the CEO of NanoInk, was there and he stopped
by the Illinois booth to say hello to people like Michael Rosen. He left
NanoInk two years ago and is now with Vespucci Capital in Geneva, Switzerland,
clb@vespuccicapital.com and his cell phone is 847-344-2887. Cedric is CEO and
Managing Partner.

* My info. is that the crowd at the ITA CityLIGHTS dinner was massive and
overflowing. My info. is also that Andrew Mason from Groupon was not there but
we don’t know if that is right.

* Thomas Flynn III is the CEO of the hottest firm in the IIT Research Park,
Therapeutic Proteins, Inc, www.theraproteins.com, and
Thomas.Flynn@theraproteins.com. David Baker of IIT told me that Therapeutic
Proteins, Inc. (TPI) is the largest firm in the research park with plans for 40
employees by this summer.
________________________________________
OpenCape (Cape Cod, MA) Receives $32 Million NTIA Broadband Grant to Build
Open Access Middle Mile Network

Subject: OpenCape (Cape Cod, MA) Receives $32 Million NTIA Broadband Grant to
Build Open Access Middle Mile Network
Date: 5/7/2010 11:48:25 A.M. Central Daylight Time
From: tatvshow@yahoo.com
To: RONALDMAY@aol.com

OpenCape Receives $32 Million NTIA Broadband Grant to Build Open Access Middle
Mile Network
$40 Million Project to Create 350 Mile Fiber Optic Network, Microwave Wireless
Network, and Regional Datacenter to Benefit Community, Anchor Institutions, and
Region’s Economic Health

WEST BARNSTABLE, MA–(Marketwire – March 4, 2010) – The non-profit OpenCape
Corporation announced today that it was notified by the U.S. Department of
Commerce that it has been awarded $32 million in American Recovery and
Reinvestment Act (ARRA) Broadband Technology Opportunity Program (BTOP) funds
to construct a 350 mile fiber optic network, wireless microwave network, and
regional data center. Congressman Bill Delahunt made the award announcement at
Cape Cod Community College.

The $32 million BTOP grant will be combined with matching funds totaling $8
million from the Commonwealth of Massachusetts, RCN Metro Optical Networks, and
Barnstable County to construct a comprehensive middle mile network to support
the economic, educational, public safety, and governmental needs of the
southeast Massachusetts region.

The open access, vendor neutral middle mile network will connect over 60 anchor
institutions on Cape Cod and the Islands of Martha’s Vineyard and Nantucket. In
addition, OpenCape will build further connections to the Internet in
Providence, RI along the South Coast, and to Boston through Plymouth and
Brockton. These paths will allow many additional anchor institutions throughout
southeast Massachusetts to connect to the network.

OpenCape will serve as an underpinning infrastructure for economic
diversification and expansion on Cape Cod. The fiber along the South Coast can
also serve as a foundation for additional broadband capacity in that region,
helping to provide an economic stimulus in cities such as Fall River and New
Bedford where unemployment is nearly 15 percent.

“OpenCape is the product of years of work and collaboration by organizations
and individuals across our region,” said OpenCape’s President, Dan Gallagher.
“It’s a vital part of the region’s long term growth and competitiveness
strategy and we are excited to have assembled all of the necessary funding to
immediately begin building the OpenCape network.”

OpenCape estimates that the project will create more than 200 jobs in the
equipment, construction and manufacturing sectors, as well as an additional 200
indirect jobs.

OpenCape will immediately bring together the many stake holders who have
participated in the development of the concept to focus the region on executing
the grant and building the network. “We are going to come together as a region
to celebrate a little, but then get right back to work,” said Gallagher.

About OpenCape Corporation
The OpenCape Corporation (www.opencape.com) is a non-profit 501(c)(3)
corporation. OpenCape Corporation’s purpose is to fulfill the need for a
regional communications network on Cape Cod and the Islands to enhance
education, research, and economic development, AND provide for an emergency
communications network in times of crisis.

About RCN Metro Optical Networks
RCN Metro, www.rcnmetro.com, is a premier provider of high-capacity
transport services for carriers as well as large and medium-sized businesses.
RCN Metro offers a comprehensive suite of services including: Ethernet, SONET,
Wavelength, Video Transport, Internet and more. With a network leveraging
unique rights-of-way, spanning from Maine to Virginia and out to Chicago, RCN
Metro deploys custom solutions to service providers as well as companies in the
finance, hospitality, media, government, health care and education industries.
RCN Metro is a wholly owned division of RCN Corporation.

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.tatv.org
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery
____________________________________________
City of Chicago: Chicago is awarded a $7 million sustainable broadband adoption
grant with an additional $2.3 million applicant-provided match to spur economic
development in five disadvantaged neighborhoods

Subject: City of Chicago: Chicago is awarded a $7 million sustainable broadband
adoption grant with an additional $2.3 million applicant-provided match to spur
economic development in five disadvantaged neighborhoods
Date: 5/7/2010 11:45:42 A.M. Central Daylight Time
From: tatvshow@yahoo.com
To: RONALDMAY@aol.com

NTIA awards $63 million in grants for broadband access

March 25, 2010
U.S. Commerce Secretary Gary Locke today announced 10 American Recovery and
Reinvestment Act investments totaling more than $63 million in grants for
broadband projects. The grants will fund projects that lay the groundwork to
bring enhanced high-speed Internet access to thousands of households and
businesses and link hundreds of schools, hospitals, libraries, and public
safety offices to the information superhighway; and increase broadband access
and adoption in more than a dozen states.

“The level of interest in this program has been extraordinary, and is yet
another indicator of the critical role broadband plays in achieving durable,
sustainable economic growth,” Assistant Secretary for Communications and
Information and NTIA Administrator Lawrence E. Strickling said. “Like the
grants announced today, the strongest proposals are the ones that have taken a
truly comprehensive view of the communities to be served and have engaged as
many key members of the communities as possible in developing the projects.”

The following grants were announced today:

Illinois – City of Chicago: $7 million sustainable broadband adoption grant
with an additional $2.3 million applicant-provided match to spur economic
development in five disadvantaged neighborhoods in Chicago with a comprehensive
broadband awareness and adoption program that will include providing computers
and training opportunities to more than 11,000 residents and 500 small
businesses and not-for-profits. The project intends to create public computer
centers at six community centers for working families and expand workstation
capacity at four Business Resource Centers, as well as provide 1,500 residents
and small businesses that complete a multi-session training course with laptops
and netbooks.

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.tatv.org
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery
___________________________________________
Statement from Juan A. Ochoa, CEO of the Metropolitan Pier and Exposition
Authority

Subject: Statement from Juan A. Ochoa, CEO of the Metropolitan Pier and
Exposition Authority
Date: 5/7/2010 11:32:22 A.M. Central Daylight Time
From: tatvshow@yahoo.com
To: RONALDMAY@aol.com

FOR IMMEDIATE RELEASE
May 5, 2010

Statement from Juan A. Ochoa, CEO of the Metropolitan Pier and Exposition
Authority

In my tenure at the Metropolitan Pier and Exposition Authority (MPEA), I am
pleased to
have achieved what I set out to do when I became CEO of the MPEA. In the face
of the
deepest economic recession in decades, a changing convention industry, and
greater
competition, we have made great progress to position McCormick Place to
compete, and
have seen Navy Pier grow steadily as a major tourist destination. We have
continued to
work closely with our customers to address their concerns, streamlined our
operations,
and developed and championed reforms that are critical to position McCormick
Place to
remain the nation’s premier convention center.

I am announcing today that I have resigned as CEO of MPEA, and I will move
forward to
work on what I believe is the central issue our country will face this century -
immigration reform, an issue of great personal importance to me. Immigration
reform
involves human rights, our economy, and our national character. This is an
issue that
demands the public and private sector work together to implement this much
needed
change. My work on this issue will command my undivided attention and my
combined
experience as a community organizer as well as a civic, business and government
leader,
has prepared me well for this next challenge.

It has been an honor for me to serve the people of Illinois and my privilege to
work with
so many dedicated, hard-working professional on the MPEA staff, Chicago’s trade
show
workers, and the MPEA Board. I want to extend a special thank you to Chairman
John
Gates, for his tireless efforts on behalf of the Authority and to Governor
Quinn, Mayor
Daley and the Illinois State Legislature for making reforms at the MPEA a top
priority to
align Chicago’s convention business with our competitors.

Finally, as I began my role as CEO more than three years ago, and conducted an
assessment of the MPEA, I stated publicly that the Authority was facing a
pre-crisis in
the convention industry. I would like to thank the media for keeping public
attention on
the crisis that the Authority further endured. I always saw those stories as
critical to the
public pressure that was long needed to make the changes necessary for the
public good.

MPEA PRESS CONTACTS

Mary Kay Marquisos
312-791-6237

Jon Kaplan
312-791-6319

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.tatv.org
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery
_____________________________________________
First phase of $300 million upgrade approved at Argonne

From: “Brock Cooper”
Subject: First phase of $300 million upgrade approved at Argonne
Date: Mon, 03 May 2010 10:49:22 -0400
To: ron@themayreport.com

Hello Mr. Ronald May,

The U.S. Department of Energy has approved the initial phase of a significant
upgrade to the Advanced Photon Source at Argonne National Laboratory. The APS,
one of the world’s brightest X-ray sources, has been at the forefront of
scientific milestones since it was built in the 1990s. The upgrade, expected to
cost more than $300 million over several years, will insure the light source
will be able to meet the scientific challenges of the future for years to
come. Advances in energy conservation, better materials for frontier
technologies and new economic engines, and breakthroughs in understanding
diseases are a few of the potential discoveries promised by the upgrade.
Please see the attached news release and feel free to contact me for more
information and interviews. Please see the links below for video about the
upgrade and photos of the APS.

Photos: www.flickr.com/photos/argonne/sets/72157621780365929/

Videos:

APS Upgrade: www.youtube.com/watch?v=tqV5FC5I44U

Energy – www.youtube.com/watch?v=G1hHx-e8PZI&feature=player_embedded

Materials – www.youtube.com/watch?v=FYyEdiwJrAM&feature=channel

Health/Life Science – www.youtube.com/watch?v=onkAH_Ri1eI&feature=channel

Thanks,

Brock Cooper

Media Relations Specialist

Argonne National Laboratory

(630) 252-5565

bcooper@anl.gov
____________________________________________
Milwaukee-based Douglas Dynamics raises $112.5MM in its IPO

Douglas Dynamics Inc., a Milwaukee-based maker of snow plows and salt
spreaders for light trucks, raised around $112.5 million in its IPO. The
company priced 10 million shares at $11.25 per share, compared to an
original price range of between $14 and $16 per share (it amended the range
to $11.25-$11.75 per share prior to pricing). It will trade on the NYSE
under ticker symbol PLOW, while Credit Suisse and Oppenheimer & Co. served
as lead underwriters. Shareholders include Aurora Capital Group (68.65%
pre-IPO stake), Ares Corporate Opportunities (33.03%) and the GE Pension
Trust (15.23%).
____________________________
Groupon Opens Silicon Valley Technology Office

Subject: Groupon Opens Silicon Valley Technology Office
Date: 5/6/2010 12:07:45 A.M. Central Daylight Time
From: tatvshow@yahoo.com
To: RONALDMAY@aol.com
CC: ron@themayreport.com

Groupon Opens Silicon Valley Technology Office
CHICAGO– (www.tatv.org) –Groupon (www.groupon.com) has announced the
opening of an office in Silicon Valley to gain better access to the Bay Area’s
technology talent, with a focus on Groupon’s mobile- and business-intelligence
practices.

“Now there is no excuse to not work for us”

The core of Groupon’s mobile team comes through the acquisition of mob.ly, a
mobile-development firm led by former Yahoo! Senior Director of Product
Management Mihir Shah and Yishai Lerner, former Director of Engineering at
Carrier IQ. Groupon’s business-intelligence practice will be led by Chief Data
Officer Mark Johnson, formerly Vice President of Software Engineering at
Netflix.

“Now there is no excuse to not work for us,” said Groupon founder and CEO
Andrew Mason. “And Chicago is still super cool. Did you know that we have the
world’s largest water-filtration plant? Great city, can’t understand why people
wouldn’t want to move here, but whatever-now we’re in the Valley too.”

To celebrate the grand opening of its new location, Groupon is offering a free
medium coffee to all visitors this Tuesday, May 11. Said Mason, “Unlike our
competitors, or those who would be / will be our competitors if we were in /
when we enter the coffee business, we do not require you to bring your own
cup.” Simply arrive at 524 Ramona Street in Palo Alto or the Penthouse at 211
Sutter Street in San Francisco between 9 a.m. and 5 p.m. and knock on the door
to claim your free medium coffee.

Groupon is hiring! Visit www.groupon.com/jobs for more.

About Groupon

Groupon features a daily deal on the best stuff to do, eat, see, and buy in
major cities across the United States and in Canada, with plans to be in 100
cities in the United States, Canada, and Europe by the end of 2010. Groupon
uses collective buying power to offer unbeatable prices and provide a win-win
for businesses and consumers.

About Formerly Mob.ly

Mob.ly launched Goodrec, the mobile recommendation service, in September 2008.
They have built mobile applications for several leading brands, such as
OpenTable and Yahoo!

Press Contact:
Groupon
Julie Anne Mossler, 312-242-2033
julie@groupon.com

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.tatv.org
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery
____________________________________________
Keith Bank, formerly a VC with KB Partners, now an angel investor, is clubbing
it

www.chicagobusiness.com/cgi-bin/mag/article.pl?articleId=33328

From this week’s In Other News
Tech investor Keith Bank takes a swing at latest golf craze: customized clubs
By: Paul Merrion May 03, 2010
Even as he closes in on his goal of playing the top 100 golf courses in the
U.S., local venture capitalist Keith Bank and partners are taking a big swing
at the latest fad in golf equipment.

They’re bankrolling a nationwide chain of shops that make custom-fitted clubs
for golfers willing to spend an extra thousand dollars or more in their quest
for a lower handicap.

“Once people understand the value, it’s an easy sell,” says Mr. Bank,
co-founder of KB Partners LLC, a technology-oriented venture capital firm in
Highland Park that rode the dot-com boom and survived. For somebody who plays a
lot of golf, he says, the additional cost is immaterial, and having the right
equipment “gives them peace of mind.”

Keith Bank, from left, Joe Jung, Rob Hill and Joseph Lee watch as Ray Johnson
takes a swing using a launch monitor, which assesses how a player hits a ball.
Messrs. Bank and Lee are bankrolling a chain of club-customizing shops.
Photo: Stephen J. SerioGolf is a new investment interest for Mr. Bank, 50, an
avid golfer with a handicap of 8.4. He counts Rubicon Technology Inc., a
Franklin Park-based maker of sapphire substrates for LEDs, as one of his hits.
Misses include EthnicGrocer.com, an online food retailer that Mr. Bank now
describes as “a big fireball.” But he sees opportunity in club customization,
one of the few growth areas in the stagnating golf business.
He and Joseph Lee, a Chicago software entrepreneur and 4.9-handicapper who
played on Marquette University’s golf team, recently formed Versatile Sports
Partners. With some outside investors, they recently made a seven-figure
investment to buy a majority stake in EJL Custom Golf Inc., a group of three
custom-fitting shops in the western suburbs founded 25 years ago by former
Chicago banker Everett Lockenvitz.

Rebranding the company as Club Champion on May 1, with refurbished stores,
employee uniforms, stepped-up marketing and a new logo, they are looking to
open three more outlets in the next 12 months outside the Chicago area, with a
goal of expanding nationally.

“The expansion capacity is almost limitless,” says Mr. Lee, 41, CEO of the
revamped company. “Marketing and awareness is where the challenge is. Nobody’s
grabbed this on a national level.”

‘A HUGE DIFFERENCE’

Other investors include Michael Roberts, former president and chief operating
officer of McDonald’s Corp., and longtime EJL customer Tim Gerdeman, a former
Wall Street analyst and president of StreetSmart Strategies Inc., an investor
relations consulting firm in Chicago.
“I hope they put one in Cleveland,” says Cleveland businessman Jay Fairfield, a
2-handicap golfer who flew in a month ago to be fitted for a driver costing
about $700 from EJL. “I’m really just hitting it better, more consistently. It
can make a huge difference.”

As the cost of analytical technology has come down and the variety of golf club
components has gone up, state-of-the-art custom-fitting is becoming mainstream,
at least for serious players. About 80% of golfers who play at least 16 rounds
a year plan to use custom-fitting for their next club purchase, up from 68% in
2001, according to Golf Datatech LLC, a Florida-based market research firm.
Customized clubs typically cost 30% to 80% more than those off the rack.

In recent years, high-end custom-fitting firms have started up in golfing hot
spots, such as Arizona’s Cool Clubs Golf and Florida’s FuZion Golf L.P., but
they have expanded only regionally and with uneven results. Hot Stix Golf, also in Arizona,
was pushed into involuntary bankruptcy after sales dropped sharply last year,
but the company reorganized.

Joseph Lee, left, and club fitter and builder Joe Jung. “The expansion capacity
is almost limitless,” Mr. Lee says.
Photo: Stephen J. Serio

Club Champion doesn’t plan to go head to head against rivals in their locales
anytime soon, but it can’t keep them out of the Chicago market, either.

FuZion is for the first time sending its mobile custom-fitting van to two or
three suburban Chicago country clubs this month, says Kevin Walker, the
company’s president.

“We will have a Midwest presence in two or three different locations,” Hot Stix
CEO Mark Flynn says. “Chicago is high on the list.”

©2010 by Crain Communications Inc.
__________________________________________
END OF REPORT

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RSSTwitter: themayreport

  • Scoop: 1 of Mike Rhodes' 4 daughters made it thru the 1st 2 cuts on American Idol. Under an NDA. Hall & Oates song "Every time You Go Away" 04:58:50 PM October 27, 2010 from web
  • Here's an interesting article on 15 correlates for getting rich in The Daily Beast: http://tinyurl.com/24q4lrh 04:36:24 PM October 27, 2010 from web
  • @bigfrontier Please pass along to your 1100+ followers. http://www.illinoisisbroke.org/facts.aspx & this: http://tinyurl.com/2c4r2ax v 06:05:21 AM October 19, 2010 from webin reply to BIGfrontier
  • @jwillie Jeff, can you pass this map along? http://www.illinoisisbroke.org/facts.aspx & this: http://tinyurl.com/2c4r2ax 04:51:47 AM October 19, 2010 from webin reply to jwillie
  • @iltechpartner Lindsay, your followers should see this map re: IL & KS at bottom on pensions: http://www.illinoisisbroke.org/facts.aspx 06:28:27 PM October 18, 2010 from webin reply to ILTechPartner
  • Here's an event on the 21st at District Bar from 6 to 8pm I just found out about. http://www.chicagoisc.com/ 04:42:29 PM October 18, 2010 from web
  • If you're interested in worker visa issues as they relate to tech, Melanie Adcock has written an article: http://tinyurl.com/2c4r2ax 02:14:22 PM October 18, 2010 from web
  • Tom Bennett reports on W. James Farrell, chairman of the Comm. Club of Chgo: http://tinyurl.com/2c4r2ax It's worth reading. IL is broke. 02:02:22 PM October 18, 2010 from web
  • Here's a map showing how IL & KS are the 2 worst states re: pensons: http://www.illinoisisbroke.org/facts.aspx 01:47:21 PM October 18, 2010 from web
  • I'd like your take re: the look, feel & content of a site for TMR. Here's a mock-up. http://tinyurl.com/y3edw79 Send to ronaldmay@aol.com 11:32:04 PM April 18, 2010 from web
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