IdeaFunding 2011 - Eller College of Management - University of ...

IdeaFunding 2011Presented by CyraComFinancing new ventures – From the eyes of the investorIdeaFundingWednesday, December 7, 2011Tucson Marriott University ParkIdeaFunding.orgConnect with us:

IdeaXchange PartnersRocket Pitch& Poster SessionIdeaFunding provides a greatopportunity for entrepreneurs topresent their venture in front of acommunity of investors andbusiness leaders. Read thedetails on page 6.Innovation AssetsSouthern Arizona has amultitude of resources tosupport entrepreneurship andbusiness development in theregion. Presentations will bedelivered throughout theprogram with insight intosome of these assets. Readmore about it on page 7.Guest GiftsRather than add to that pile of pens andnotebooks from other conferences youhave attended, IdeaXchange decided touse the money typically spent on gifts tomake a difference and supportentrepreneurs. Instead of giving a guestgift, we are pleased to announce oursupport of a Rocket Pitch cash prize.Read more about the IdeaXchange cashprize on page 6.Connect with us online. Share what you’ve learned from the day and stay updated on news from IdeaXchange.Twitter: www.twitter.com/IdeaFundingFacebook: www.facebook.com/IdeaFunding2 | IdeaFunding 2011Email: ideafunding@eller.arizona.edu

IdeaFunding 2011December 7, 2011Dear IdeaFunding participants,Welcome to IdeaFunding 2011: Financing new ventures – from the eyes of the investor.This year’s topic comes back to the basics: identifying who has the money; understandinghow they are motivated and learning how to best approach them. The goal is to strategicallyapply these concepts to help maximize investment opportunities in the region.Sessions throughout the day are structures to give you a deeper understanding of themindset of investors and provide a unique opportunity for entrepreneurs and investors toexchange ideas and strategies. When we convene our collective knowledge and experienceat events like IdeaFunding, we can produce innovative and valuable ideas.The day is designed so that all voices have a platform, including yours. Please share yourthoughts today and be committed to continuing the discussion and adoption of new ideasfollowing this event. We look forward to working with you throughout the year.With best regards,Lawrence (Larry) Hecker, Principal, Hecker & Muehlebach, PLLCSherry Hoskinson, Director, McGuire Center for Entrepreneurship; Co-director,Business / Law Exchange, The University of ArizonaRobert (Bob) Morrison, Mentor in Residence, McGuire Center for Entrepreneurship,The University of ArizonaIdeaFunding 2011 | 3

Agenda-at-a-GlanceWednesday, December 7, 2011Master of Ceremonies: Jason Fenwick, Carondelet Health NetworkA special thanks to Jason, an IdeaXchange member, for serving as the “voice” of IdeaFunding.7:30 am – 8:00 amAtrium & Foyer8:00 am – 8:50 amThe CanyonsRegistration and BreakfastOpening Session: Status of Investment Capital in Southern ArizonaWelcome and introductions by Lawrence (Larry) Hecker, Principal, Hecker & Muehlebach, PLLCRemarks by Curtis Gunn, Chairman, Desert AngelsKeynote: Harry George, Co-founder and Managing General Partner, Solstice Capital8:50 am – 9:00 amThe Canyons9:00 am – 9:50 amThe CanyonsInnovation Asset: Arizona Center for InnovationJoann MacMaster, DirectorInvesting Patterns in Today’s EconomyFacilitator: Frank Peters, Chairman, Tech Coast Angels and Founder, Plaid Brothers SoftwareDiscussants:Curtis Gunn, Chairman, Desert AngelsKatherine Hutton, Managing Director, Walker Center for Global EntrepreneurshipLowell Thomas, Lead Counsel, Snell & Wilmer9:50 am – 10:00 amThe Canyons10:00 am – 10:15 amFoyer10:15 am – 11:00 amThe CanyonsInnovation Asset: Innovation Law LabGabe Beckmann, Investor; Retired Corporate LawyerLarry Hecker, Principal, Heckler & Muehlebach, PLLCRefreshment BreakInvestor Deal Flow and Sidecar FundsFacilitator: Jim Goulka, CEO, JumpStart Solutions, LLC and President, Lone Mountain Associates, LLCDiscussants:John Chavez, President, Tafoya and Brainerd Partners, LLCBase Horner, co-founder, US Capital Partners, LLC and Chairman of the Screening Committee,Desert AngelsFrank Peters, Chairman, Tech Coast Angels and Founder, Plaid Brothers Software11:00 am – 11:10 amThe Canyons11:10 am – 11:50 amHistorical SocietyInnovation Asset: Arizona Commerce AuthorityBrian Sherman, Director, Business DevelopmentInvestor’s RoundtableModerator: John Chavez, President, Tafoya and Brainerd Partners LLCDiscussants:Sherman Chu, Managing Member, Grayhawk VenturesJim Goulka, CEO, JumpStart Solutions, LLC and President, Lone Mountain Associates, LLCKatherine Hutton, Managing Director, Walker Center for Entrepreneurship11:50 am – 12:00 pmThe CanyonsInnovation Asset: City of TucsonRichard Miranda, City Manager4 | IdeaFunding 2011

12:00 pm – 1:30 pmThe CanyonsThe University of Arizona LuncheonPresentation of the Thomas R. Brown Entrepreneurship Award and the Innovation Park/Oro Valley EmergentEntrepreneur AwardKeynote Address: Larry Hecker, Principal, Hecker & Muehlebach, PLLCThomas R. Brown Entrepreneurship Award presented by David Smallhouse, Managing Partner, Miramar Ventures LLCInnovation Park/Oro Valley Emergent Entrepreneur Award presented by Robert (Bob) Davis, Senior VP, Grubb & EllisIntroductory Comments:Len Jessup, Dean, Eller College of ManagementRick Myers, CEO, Critical Path Institute and Arizona Board of RegentsKeynote Address: Eugene Sander, President, The University of Arizona1:30 pm – 2:00 pmVentana & Foyer2:00 pm – 2:10 pmThe Canyons2:10 pm – 3:00 pmThe CanyonsSanofi Poster Session and NetworkingInnovation Asset: Desert AngelsCurtis Gunn, ChairmanInvestors’ Due DiligenceFacilitator: Huw Jones, Counsel, Hayes Soloway PCDiscussants:Sherman Chu, Managing Member, Grayhawk VenturesRobert Morrison, Mentor in Residence, McGuire Center for EntrepreneurshipLowell Thomas, Lead Counsel, Snell & WilmerJeremy Woan, CEO, CyraCom3:00 pm – 3:10 pmThe Canyons3:10 pm – 4:15 pmThe CanyonsInnovation Asset: McGuire Center for Entrepreneurship, The University of ArizonaSherry Hoskinson, DirectorHow Entrepreneurs See Investors – How Investors See EntrepreneursFacilitator: Robert Morrison, Mentor in Residence, McGuire Center for Entrepreneurship,The University of ArizonaEntrepreneurs:Jarret Hamstreet, COO, Post.Bid.Ship., Inc.Marie Wesselhoft, President, MSDx, Inc.Investors:John Chavez, President, Tafoya and Brainerd Partners, LLCWilliam (Bill) Lomicka, Chairman, Coulter Ridge CapitalPaul Winandy, CEO, WebPT4:15 pm – 5:30 pmThe CanyonsCocktails and Rocket Pitch CompetitionIntroduction by Joann MacMaster, Director, Arizona Center for InnovationPoster Session & Innovation Award Announcement:Rocket Pitch Cash Prize Announcement:Emre Toker, Mentor in Residence, McGuire Center for EntrepreneurshipRocket Pitch Dinner Presentation Winner Announcement:David Smallhouse, Managing Partner, Miramar Ventures LLCClosing remarks by Darryl Dobras, President, DBD Investments6:00 pm – 8:00 pmSabinoDesert Angels DinnerIdeaFunding 2011 | 5

New in 2011Rocket PitchThrough a pre-selection criterion, select ventures were invited to pitch theirpresentation at this year’s IdeaFunding Cocktail and Rocket Pitch session.This is an exceptional opportunity to hear some of the latest innovations!Each venture will have three minutes to deliver their pitch and willcompete for the opportunity to present at the Desert Angels Dinnerlater in the evening.Rocket Pitch Cash PrizeIn lieu of guest gifts, IdeaXchange will provide a cash prize toan exceptionalRocket Pitch contestant. Evaluation for the cash prize will be independent ofthe Desert Angels Dinner presentation award.Sanofi Poster Session and Innovation AwardTop scientists and entrepreneurs will display high-quality, originalinnovations that have the potential to be developed into new ventureopportunities. A panel of judges will review the poster presentations.All selected participants will receive a certificate of merit that acknowledgesthey were selected to represent their concept at IdeaFunding 2011. Theparticipant with the highest judges’ score will receive a cash price of $3,000.IdeaFunding attendees are invited to review the posters and meet thepresenters during the afternoon networking session.6 | IdeaFunding 2011

Innovation AssetsArizona Center for Innovationwww.azinnovation.comHoused at the UA Tech Park, the Arizona Center for Innovation (AzCI) is a technology business incubator designed to helpentrepreneurs turn innovative ideas into successful new ventures that create jobs, retain talent, and attract larger venturesto our community. We offer structured programs for business development; a network of mentors, advisors and serviceproviders and access to world-class office and lab space. Founded in 2003, AzCI has assisted over 45 technology companies inthe region.Arizona Commerce Authoritywww.azcommerce.comThe ACA is the state’s aggressive, premier economic development agency tasked with vastly improving Arizona’s overalleconomy through the attraction of quality business, the creation of high-wage jobs and the expansion of existing business.The ACA maintains a clear objective and strong sense of purpose, to position Arizona at the forefront of the globalmarketplace as the most business friendly environment in the country. Armed with a host of the nation’s mostcompetitive incentives, the ACA is confident that Arizona is not simply prepared to compete … it is determinedto win. And the whole world will know it.City of Tucsonwww.tucsonaz.govThe City of Tucson celebrates a diversity of cultures, architecture, and peoples. Yet, it is one of the “Mega-Trend” cities ofthe 21st Century: the Optics Valley, premier health services center for the Southwest, the astronomy of the world, home of apremier research institution - University of Arizona, and a tourism destination. Tucson boasts the best of both worlds...theprogress and innovation of a metropolitan community and the friendly, caring atmosphere of a small town.Desert Angelswww.desertangels.orgThe Desert Angels is a Tucson, Arizona based non-profit organization of accredited investors who seek opportunities toinvest in Southwest regional startup or early stage companies. The organization serves only as a forum for its over 70members, who invest individually from their personal funds. Since 2000, Desert Angel members have invested over$15 million in more than 45 presenting companies.Innovation Law Labwww.business-law.arizona.eduThe purpose of the exchange is to increase the knowledge, understanding, and learning opportunities of issues of businessand law, and particularly at intersection of entrepreneurship and law. This is of distinct importance as and academiccommunities continue advancement in an innovation-based economy. The University of Arizona is well positioned todraw on exceptional areas of excellence in law, entrepreneurship, business and management, and science/technologydisciplines to establish a leadership position in this critical study area.McGuire Center for Entrepreneurshipwww.entrepreneurship.arizona.eduThe McGuire Center for Entrepreneurship was established in 1984. One of the first university-based centers forentrepreneurship, the Center is one of the few to consistently maintain top tier ranking status. The Center houses theMcGuire Entrepreneurship Program, open to graduate and undergraduate students from across the university, a variety ofelective and stand-alone courses, robust research agenda, and a rich community service mandate. The Center is committedto enabling and advancing entrepreneurial goals of all university populations, and to advancing the understanding of theinfluence and role of entrepreneurship in both the business and academic communities.IdeaFunding 2011 | 7

Opening SessionStatus of Investing Capital in Southern ArizonaOVERVIEWHarry George will begin the day by sharing perspectives on thestatus of investment capital in the region with an outlook onfuture trends and areas of expanded growth.Time: 8:00 am – 9:00 amRoom: The CanyonsWelcome and Introduction:Lawrence (Larry) HeckerPrincipal, Hecker & Muehlebach, PLLCHarry GeorgeOpening Remarks:Curtis GunnChairman, Desert AngelsKeynote Speaker:Harry GeorgeCo-founder and Managing General Partner, Solstice CapitalNOTES________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________8 | IdeaFunding 2011

Investing Patterns in Today’s EconomyOVERVIEWWhat opportunities exist in today’s economy? Learn about the trends for issues of pre-money,round size, investing in multiple round deals and early stage rounds. Experts will share theirinsights on identifying an early exit strategy, super angels and venture capitalists.Time: 9:00 am – 9:50 amRoom: The CanyonsFacilitator:Frank PetersChairman, Tech Coast Angelsand Founder, Plaid Brothers SoftwareDiscussants:Curtis GunnChairman, Desert AngelsKatherine HuttonManaging Director, Walker Center for Global EntrepreneurshipLowell ThomasLead Counsel, Snell & WilmerNOTES________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________IdeaFunding 2011 | 9

Investor Deal Flow and Sidecar FundsOVERVIEWGain insight into what sourcing quality and amount of deals means to the investor andinvestment seeker. As sidecar funds increase in popularity, learn what they entails andhow they fit into the investment landscape.Time: 10:15 am – 10:50 amRoom: The CanyonsFacilitator:Jim GoulkaCEO, JumpStart Solutions, LLCand President, Lone Mountain Associates, LLCDiscussants:John ChavezPresident, Tafoya and Brainerd Partners LLCBase HornerCo-founder, US Capital Partners, LLCand Chairman of the Screening Committee, Desert AngelsFrank PetersChairman, Tech Coast Angels and Founder, Plaid Brothers SoftwareNOTES________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________10 | IdeaFunding 2011

Investor’s RoundtableOVERVIEWHear from the experts and learn about the range of opportunities and issues that exist in theindustry. Join the discussion of issues that are unique to southwestern investors, includingregional economic trends in both the private and public sectors.Time: 11:00 am – 11:50 amRoom: The Historical Society (located across the street from the Marriott)Facilitator:John ChavezPresident, Tafoya and Brainerd Partners LLCDiscussants:Sherman ChuManaging Member, Grayhawk VenturesJim GoulkaCEO, JumpStart Solutions, LLCand President, Lone Mountain Associates, LLCKatherine HuttonManaging Director, Walker Center for EntrepreneurshipNOTES________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________IdeaFunding 2011 | 11

Luncheon, Awards& Keynote AddressesSponsored by The University of ArizonaThomas R. Brown Entrepreneurship Award was created in honor of Tom Brown, the founder ofBurr-Brown Corporation, Tucson’s first major high-tech company which was acquired by TexasInstruments in 2000 for $7 Billion. The Entrepreneurship Award is given in recognition of therecipient’s commitment and contributions to entrepreneurial growth and excellence.The award will be presented by:David SmallhouseManaging Partner, Miramar Ventures LLC2011 Thomas R. Brown Award Recipient:Fletcher McCuskerFletcher is the CEO and Chairman of the Board of Directors ofProvidence Service Corporation, founded in 1996.Previously, he served as Executive Vice President of Youth ServicesInternational, Inc. and CEO of Introspect Healthcare Corporation.In 1983 he was the Co-Founder of Century Healthcare.Flectcher McCuskerHe earned a bachelor’s degree in Rehabilitation from theUniversity of Arizona.McCusker is a tireless advocate for Downtown Tucson redevelopment.Providence Corporation moved its headquarters to the Downtown areain 2009 and further expanded its corporate footprint in 2010.Past recipients:2010: Jeremy Woan, CEO, CyraCom2009: Kerstin Block, Founder, Buffalo Exchange2008: Doug Goodman, President, Ridgetop Group2007: Louise Francesconi, President, Raytheon MS2006: Sarah Brown Smallhouse, President, Brown Family Foundation2005: James Wyant, Founder of Wyco Corporation2004: Charles Horn, Founder and Chairman of Scriptsave2003: Anthony Mulligan and Mark Angier, Founders, Ceramics Research, Inc.2002: Thomas Grogan, Founder and Director, Ventana Medical Systems2001: Thomas R. Brown, Founder, Burr-Brown12 | IdeaFunding 2011

2011 Innovation Park / Oro ValleyEmergent Entrepreneur AwardInnovation Park / Oro Valley Emergent Entrepreneur Award is in its third year and recognizes andcelebrates promising nascent entrepreneurship in Southern Arizona. The award carries with it acash prize and will be awarded by Bob Davis of Grubb & Ellis.This annual award will be given to a firm that exhibits the following attributes:• Innovative products / services representing clear market opportunity• Shows evidence of clear business perspective• Stands to contribute significantly to the economic and social landscape of ArizonaThe award will be presented by:Bob DavisInnovation Park/ Oro Valley Arizona2010 Winner:Verdant Earth Technologieswww.verdantearthtech.comManufactures agricultural systems designed to fit inside a standard shipping container.2009 Winner:PlayAbility Toyswww.playabilitytoys.comDesign and develops toys for children with special needs.IdeaFunding 2011 | 13

Luncheon, Awards& Keynote AddressesSponsored by The University of ArizonaOVERVIEWThe University’s top administrators discuss the many ways the University of Arizona contributesto the regional economic development landscape and how it serves as a catalyst for building theregion’s new technology-based, knowledge economy.Time: 12:00 pm – 1:30 pmRoom: The CanyonsKeynote Address:Lawrence (Larry) Hecker,Principal, Hecker & Muehlebach, PLLCLuncheon Speakers:Len JessupDean,Eller College of Management,The University of Arizona14 | IdeaFunding 2011Rick MyersCEO,Critical Path Institute andArizona Board of RegentsEugene SanderPresident,The University of Arizona

Poster Session and Innovation AwardSponsored by SanofiOVERVIEWJoin scientists and entrepreneurs as they display their innovations, research and entrepreneurialventures. Network with presenters, sponsors and fellow IdeaFunding attendees as you enjoyafternoon refreshments.Time: 1:30 pm – 2:00 pmRoom: Ventana and FoyerNOTES________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________IdeaFunding 2011 | 15

How Entrepreneurs See Investors –How Investors See EntrepreneursOVERVIEWEnd the day with a lively discussion among entrepreneursand investors.Time: 3:10 pm – 4:10 pmRoom: The CanyonsModerator:Robert MorrisonMentor in Residence, McGuire Center for Entrepreneurship,The University of ArizonaEntrepreneurs:Jarret HamstreetCOO, Post.Bid.Ship., Inc.Marie WesselhoftPresident, MSDx, Inc.Investors:John ChavezPresident, Tafoya and Brainerd Partners, LLCWilliam (Bill) LomickaChairman, Coulter Ridge CapitalPaul WinandyCEO, WebPTIdeaFunding 2011 | 17

Speaker BiographiesGabe Beckmann is an investor and retired corporatelawyer. He was a former Partner for the CorporateGroup of Lewis and Roca, LLP. He practiced in the areasof mergers and acquisitions, securities, corporategovernance, structuring complex joint ventures, andhealthcare law. He advised corporate clients with regardto governance and regulatory compliance matters,and represents and advises hospitals and otherhealthcare providers in connection with regulatorycompliance issues and commercial transactions.John Chavez is the President of Tafoya and BrainerdPartners LLC, a nationwide business developmentconsulting firm. Mr. Chavez is also the Vice PresidentBusiness Development at Financial ManagementSystems, a Chicago based financial services firm. Mr.Chavez has been an active angel investor since 2003.Mr. Chavez is a graduate of New Mexico State University.Sherman Chu is the Managing Member of GrayhawkCapital, which he co-founded in 1999. Mr. Chuhas more than 20 years of venture capital and privateequity experience. Mr. Chu started his venture capitalcareer as an Assistant Vice President of Banc OneCapital Partners. Mr. Chu has served on the board of12 privately held companies.Robert (Bob) Davis is Senior Vice President atGrubb & Ellis. Bob is a veteran real estate professionalwho has been among the top producers in the countyfor the past 28 years. His comprehensive experiencein all phases of office development, leasing and saleshas produced more than 2,200 transactions totaling$1.5 billion. He now works with the Company’s PrivateCapital Investment Group on the sale of commercialinvestment properties.Darryl Dobras is President of DBD Investments,and Chairman of the Tucson Airport Authority and theDesert Angels, a private investment group. He is pastchairman of Territorial Bank, Tucson Museum of Art,Arizona Theatre Company, The University of ArizonaFoundation and Center for Creative Photography.Jason Fenwick is Web Editor for CarondeletHealth Network. His experience stretches from broadcastjournalism to healthcare entrepreneur. He currentlyplays a key role in the marketing and communicationsdepartment. Jason is also the founder of BillThe Dog, LLC, a communications company in Tucson.Harry George is Co-founder and Managing GeneralPartner, Solstice Capital. Mr. George has more than35 years of experience in founding, operating and investingin successful rapid growth technology-relatedcompanies. He has been a Director of a number of privateand public companies and is currently a Directorof AmpliMed, Lumidigm, High Throughput Genomics,Medipacs and Syncardia.Curtis Gunn is Chairman of the Desert Angels. Priorto this role, Curtis traveled the world competing asa professional cyclist riding for both US and Australian-basedProfessional Cycling teams. Previous to hislife as a professional athlete, he was an entrepreneurfounding and operating companies based in retail, Internet,healthcare and real estate. As an angel investor,Curtis has invested in dozens of companies acrossa broad base of industries, technologies, and geographies.Jim Goulka, Chairman of ATIF, is a serial entrepreneurwho leads the substantial reshaping of early stageand established middle market companies focused onintellectual property and content delivery. Mr. Goulkaalso serves as CEO of JumpStart Solutions LLC, anearly stage business intelligence software company,and as President of Lone Mountain Associates, LLC,a boutique consulting firm focused on assisting companiesfacing serious strategic difficulties to find newpaths to profitability.Jarret Hamstreet is co-founder and COO for Post.Bid.Ship., Inc., an online marketplace for the commercialfreight industry where companies who needtheir goods transported post loads of freight to www.postbidship.com and trucking companies bid to haulthat freight. Jarret earned his Master of Business Administrationdegree in Finance from The University ofArizona’s Eller College of Management.20 | IdeaFunding 2011

Lawrence (Larry) Hecker is Principal at Hecker& Muehlebach PLLC and Assistant Adjunct Professor,James E. Rogers College of Law. The focus of Larry’slaw practice is primarily in the areas of corporate lawand securities regulation, real estate, business startup,capital formation transactions, corporations and corporatefinance. He is a frequent panelist and speakeron securities regulations, corporate law and capitalformation seminars.Base Horner is Chairman of the Screening Panelfor the Desert Angels and Co-Founder, U.S. CapitalPartners LLC. Base has substantial deal experienceand is an expert in investing, financing, and engineeringliquidity events. Base received his BA degree withhonors in business economics from the University ofCalifornia at Santa Barbara and an MBA with honorsin finance and marketing from the University of Chicago.Sherry Hoskinson is the Director of the McGuireCenter for Entrepreneurship and Co-director, Business/LawExchange, University of Arizona. Sherry isresponsible for designing, planning and implementingthe center’s nationally acclaimed academic programs,as well as outreach and development, research andscholarship and entrepreneurship awareness and promotion.Katherine Hutton is the Managing Director ofthe Walker Center for Global Entrepreneurship. Herprofessional background includes a 20-year career inEconomic Development most recently as the Directorof Economic Vitality for the City of Scottsdale, Arizona.Over the course of her career Ms. Hutton was engagedin public policy development, public infrastructuredevelopment, and strategic planning.Len Jessup joined the Eller College of Managementas Dean, Halle Chair in Leadership, and Professor ofEntrepreneurship and Innovation in May 2011. Hecompleted his doctoral studies at the UA in managementand organizational behavior and MIS under theadvisement of Eller Professor of Management TerryConnolly and Regents Professor of MIS Jay Nunamaker.Huw R. Jones, Esq. is Counsel to Hayes SolowayPC, a local Intellectual Property boutique law firm. Heis also a founding Member of Arch Partners LLC, a localbusiness development consulting firm, and is onthe Executive Board of the Tucson Desert Angels. He isa senior IP attorney with over 20 years’ experience inprivate law firms and in corporate legal departments,and concentrates his practice in counseling small andmedium-size technology-based companies in the areasof innovation management including strategic patenting,licensing, technology transfer and IP-related litigation.His clients in Tucson include medical device,diagnostics and green energy companies.William (Bill) Lomicka, Chairman of CoulterRidge Capital, has over three decades of financialmanagement experience with particular expertisein the area of rapidly expanding service companies.Bill graduated from the College of Wooster, Wooster,Ohio and earned his MBA from the Wharton GraduateSchool of the University of Pennsylvania.Joann MacMaster, Director of Arizona Center forInnovation, is a successful technology entrepreneurand executive with over 20 years’ experience in leadership,strategic planning, innovation, and new productdevelopment and commercialization. She is also anaward-winning educator with 10 years of experiencein higher education as a faculty member, administrator,and education entrepreneur.Fletcher McCusker, CEO of Providence ServiceCorporation, has served as chairman of the board ofdirectors and CEO since Providence Service Corporationwas founded in December 1996. Prior to foundinghis company, Mr. McCusker served as Executive VicePresident of Youth Services International, Inc., a Nasdaqlisted company that provided private institutionalcare for at-risk youth.Richard Miranda, City of Tucson City Manager,was born and raised in Tucson, Arizona. He received aBachelor of Science Degree from the University of Arizonafollowed by a Masters Degree from Northern ArizonaUniversity. In 1975, he joined the Tucson PoliceDepartment and in October 1998, he was appointedChief of Police, the position he held until June 2008when he began his career as Assistant City Manager.Mr. Miranda is an active member of the Tucson community.IdeaFunding 2011 | 21

Robert (Bob) Morrison is Mentor in Residenceat the McGuire Center for Entrepreneurship and memberof the Desert Angels. Bob has been involved in allphases of technology business development. He is afounder of Sunquest Information Systems which becamethe world’s largest developer of hospital laboratoryinformation automation products. Since leavingSunquest, Mr. Morrison has consulted with emergingcompanies and assisted them in their business development.Rick Myers, Arizona Board of Regents and CEO ofCritical Path Institute, a non-profit organization workingwith the pharmaceutical industry, patient groups,academia, and the FDA to tackle significant issues indrug development. Rick is a member of the board ofthe University of Arizona Health Network, which includestwo hospitals as part of a leading edge academicmedical center.Frank Peters is Chairman of Tech Coast Angels andFounder of Plaid Brothers Software, which developsportfolio management systems for Wall Street firms.The company was in California while the customerswere in New York City, so after living on airplanes for15 years he sold it in 1998. Frank has a B.S. in Mathematicsfrom the University of Massachusetts and aMasters degree in Computer Science from UCLA.Eugene Sander is President of The University ofArizona. Prior to serving as the 20th president of theUniversity of Arizona, Sander was vice provost anddean of the UA’s College of Agriculture and Life Sciences.His goal is to further the mission of the Universityby improving life for the people of Arizona andbeyond – through education, research, creative expressionand community engagement.Brian Sherman, Director of Business Developmentfor the Arizona Commerce Authority.David Smallhouse is the Managing Partner in MiramarVentures, LLC, a firm involved in real estate,private equity, and venture capital investments. MiramarVentures is an active investor in angel and earlystage ventures. Its portfolio includes bio science, drugdevelopment, life science, clean tech, and medical devicecompanies. David graduated from the Universityof California at Davis with a BS in agricultural economicsand the University of Arizona with an MS inagricultural economics.Emre Toker is Mentor in Residence at the McGuireCenter for Entrepreneurship and member, DesertAngels and Desert Technology Investors. He foundedtwo biomedical technology companies in Tucson,MedOptics and Bioptics Corporations, and co-foundedanother in Santa Clara, California, Radicon ImagingCorporation. Emre has authored and co-authorednumerous patents and articles published in scientificand trade journals.Lowell E. Thomas, serves as lead counsel for equityand debt financings, mergers, acquisitions andother restructuring transactions across a broad rangeof industries for public and private corporations. Lowell’spractice is focused in the mid-market and he hasan outstanding reputation for devotion to his clientsand getting transactions past the finish line. He alsoadvises emerging growth companies in the formationand growth stages and advises corporate boards ongovernance matters.Marie Wesselhoft is President and co-founder ofMSDx Inc. The company is focused on commercializingblood test products for neurological disorders.Multiple Sclerosis is the first disease of focus. MSDx istargeting a 2011 launch of the first product to be soldto research laboratories and pharmaceutical companiesaround the world. Marie has 25+ years of businessexperience with a successful track record in theHealthcare industry.Paul Winandy is CEO of WebPT. Over the courseof his 20 year career, Paul has been an executive leaderin four successful technology businesses, two ofwhich were named to the Inc. 500 list and were lateracquired by public firms. Paul holds a Bachelor of Artsin History and Bachelor of Science in Math from Universityof North Carolina at Chapel Hill.Jeremy Woan is President & CEO of CyraCom.Jeremy is a frequent panelist and speaker at U.S. andEuropean conferences on early stage technology investingand especially on the issues of raising financeand building a management team domestically andinternationally. Through his work, Jeremy has servedas a board member and chairman of various privateand public companies in fields including: enterprisesoftware, cellular telephony, healthcare technology,services and media.22 | IdeaFunding 2011

Design by:Karl Jay Covington for Karl Jay Designs, LLC.,KarlJayDesigns.com | karljay@karljaydesigns.comDowntown Tucson photos: Courtesy of Chance Agrella - TREOUATP photo: Courtesy of UA TechParkSolar Panel photos: Courtesy of SOLON CorporationOro Valley Sundial Photo: Courtesy of John L. Carmichael - Sundial SculpturesIdeaFunding 2011 | 23

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