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Lumidigm Highlighted in “TOP 300 STARTUPS”

Lumidigm has been chosen for inclusion in the 2011 Edition of the fundedIDEAS publication – TOP 300 STARTUPS.  According to fundedIDEAS, inclusion in TOP 300 STARTUPS demonstrates Lumidigm’s commitment to innovation, sustainability and excellence.  Lumidigm was specially selected by an eminent panel of business and industry leaders spanning the globe based on 14 parameters including strength of the management team, business model and execution strategy as well as industry and sector outlook.

Lumidigm selection based on strength of the management team, business model and execution strategy

 

ALBUQUERQUE, NM – April 19, 2011 – Lumidigm today announced that the company has been chosen for inclusion in the 2011 edition of the fundedIDEAS publication TOP 300 STARTUPS.  Lumidigm develops and deploys biometric fingerprint sensors that use multispectral imaging to capture superior images quickly, on all people, in all environmental conditions.

TOP 300 STARTUPS features those startups that secured the highest overall rating across 14 parameters that were applied to over 2500 companies that secured venture funding in 2010. Lumidigm emerged near the top of that elite list — with a final ranking of 29 — on the strength of its management team, business model, execution strategy and technological innovations.

“From the start, Lumidigm was able to demonstrate how its new technological approach to biometric authentication could solve the performance problems plaguing the industry,” said Steve Jurvetson, Managing Director of Draper Fisher Jurvetson (DFJ). “Because Lumidigm had a highly differentiated solution and was led by a top-notch management team with the insight and capability to disrupt a market, we knew we had a winner.” DFJ was part of a strong group of initial venture capital investors in Lumidigm.

Lumidigm makes biometric authentication secure and convenient by using its patented multispectral imaging technology to extract unique fingerprint characteristics from both the surface and subsurface of the skin. This enhanced data capture mitigates traditional system vulnerabilities and makes Lumidigm’s sensors more reliable, more inclusive and more tamper-resistant than conventional biometric readers.

“We are excited to feature Lumidigm as a TOP 300 STARTUP,” said Jonathon Marcus, Editor with fundedIDEAS. “We are extremely confident of their ability to innovate and adapt to changing market and customer needs while driving innovation in the sector.” The fundedIDEAS editorial team conducted a rigorous four-month selection process prior to selecting Lumidigm for inclusion.

“Lumidigm continues to innovate off of its extensively-patented multi-imaging technology platform as it identifies and meets market needs,” emphasized Jurvetson. “I am delighted to see an independent analysis concur with DFJ’s assessment of Lumidigm.”

The research firm of Frost & Sullivan recently awarded the New Product Innovation of the Year Award, Fingerprint Biometrics, North America, 2010, to Lumidigm.  According to Frost & Sullivan, Lumidigm’s “innovative technology allows Lumidigm fingerprint sensors to provide highly accurate biometric data even in adverse conditions where traditional fingerprint sensors fail.”

More information about Lumidigm is available at www.lumidigm.com.

 

About Lumidigm

Lumidigm Inc., the multispectral imaging biometrics company, is dedicated to enabling convenient, secure, and reliable identification and verification. Lumidigm fingerprint sensors capture superior images quickly, on all people, in all conditions. Everyone can be enrolled. Everyone can be verified. Lumidigm’s sensors are quick and easy to use — perfect for any application in which speed, security and reliability are paramount. Headquartered in Albuquerque, New Mexico, Lumidigm sensors are distributed worldwide. Lumidigm’s initial venture capital investors are DFJ New England, Draper Fisher Jurvetson, Epic Ventures, Intel Capital, International Venture Fund and Solstice Capital. Other investors include Methode Electronics, Motorola Ventures, New Mexico Co-Investment Partners managed by Fort Washington Capital, and Sun Mountain Capital. For more information, visit www.lumidigm.com.

About fundedIDEAS

9 out of 10 startups fail to achieve their stated business objectives. fundedIDEAS was established with the sole objective of discovering the ones that will. Rating each startup on 14 parameters, from strength of the management team, business model and execution strategy to industry and sector outlook – we deploy the most advanced methodology to establish the stability, sustainability and outlook of venture funded startups. To know more, please visit www.fundedIDEAS.com

April 25, 2011 I Written By

Clinicians at River Park Hospital “Go Electronic” with Digital Pen and Paper Technology

McMinnville, TN, April 18, 2011 – Shareable Ink, a Nashville-based healthcare information technology company, today announced that healthcare providers at River Park Hospital are utilizing the company’s innovative digital pen and paper technology to document anesthesia cases. Clinicians’ pen strokes are converted to actionable electronic data, supporting government and industry pressures to automate patient medical records.

News Facts

  • Using a specialized ballpoint pen with an optical recorder that communicates with powerful offsite servers, Shareable Ink enables healthcare providers to document in their customary fashion without losing productivity.
  • Unlike most electronic health records (EHRs), this novel approach requires no change in workflow for the physicians.  The fear of a slowdown in productivity is widely reported to be the biggest barrier to physicians adopting EHRs
  • River Park Hospital benefits from instant access to patient records, the capture of key quality metrics, and high physician satisfaction. In addition, Shareable Ink’s automation eliminates the need for labor-intensive paper scanning and manual “spot-checking” of charts.
  • The Shareable Ink implementation is part of a nationwide initiative by NorthStar Anesthesia, a large, data-driven provider group that provides anesthesia services at River Park Hospital. NorthStar Anesthesia utilizes data from Shareable Ink to measure and ensure performance and quality of care across providers and hospitals in a standardized manner.

Supporting Quotes

  • Kenneth Wicker, president and chief executive officer, River Park Hospital
    “Shareable Ink represents a clever approach to capture, analyze, and act upon data in a manner that is not cumbersome for physicians or the IT department.”
  • Stephen S. Hau, president and chief executive officer, Shareable Ink “Our team is thrilled with River Park Hospital’s success and shares in its commitment to high quality care through innovation.”

About River Park Hospital
As a 125-bed full service hospital, River Park Hospital provides a comprehensive range of medical services and high quality care.  River Park Hospital is a forward-thinking, innovative hospital where trust, teamwork, and technology come together to make a positive difference in the health of the community and region.  River Park Hospital is full-service community hospital in McMinnville, right outside of Nashville, TN.  RPH is part of the 13-hospital Capella Healthsystem For additional information, visit www.riverparkhospital.com.

About NorthStar Anesthesia

NorthStar Anesthesia’s mission is to take a multi-dimensional approach to the responsibilities of excellent patient care, customer service, and partnerships with healthcare facilities. NorthStar Anesthesia’s physicians and nurse anesthetists are committed to efficient anesthesia care teams that foster the integration of multiple disciples to provide optimal patient care. We strive to enhance services provided to patients, surgeons and their support teams, and hospital administrations in ways that are consistent with our mission and core principles of honesty, integrity and clinical excellence. Learn more at www.northstaranesthesia.com.

About Shareable Ink

Shareable Ink helps healthcare organizations of all sizes transition to electronic health records without disruption to workflow or burdensome IT projects. Its software platform incorporates enterprise‐grade digital pen and paper technology featuring Anoto functionality. Shareable Ink enables clinicians to continue documenting in the fastest, most natural manner, while populating the EHR with discrete data, as if typed with a keyboard. Built‐in analytics give hospitals and practices insight into their operations — from a clinical, quality and efficiency standpoint — all previously inaccessible from traditional paper records. For additional information, visit www.shareableink.com.

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