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| August 14, 2008 |
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local news
Boulder nonprofit plans expansion
BOULDER
- Intercambio de Comunidades, a Boulder-based nonprofit, is planning to
expand nationally over the next couple of years. The organization
focuses on integrating immigrants into the community.
"A lot of people outside the state have expressed interest in the
model we have here. There are other English programs, but there isn't
an emphasis on cultural exchange, friendship and community
integration," said Lee Shainis, executive director.
"We're hoping to expand to two new sites in 2009, but part of that depends on the financial support we get."
Intercambio is looking at areas in Boise, Idaho, North Carolina and
California. "We're looking for communities with at least a 10 percent
immigrant population, that don't have many language resources, and that
also have a source of volunteers," said Shainis.
The new facilities will have to support themselves financially,
though they may get a small piece of funding from the Boulder location
to get them started. Funding is needed, however, for the expansion.
Shainis is looking to raise $280,000 for the expansion plans in 2009,
which will go toward hiring two new people to focus on the expansions,
travel expenses, and some marketing consulting. Right now, the Boulder
location only has the time and resources to focus on the Boulder
community.
Intercambio is co-hosting a 5K run/walk with KGNU Radio at 8 a.m. on
Saturday, Aug. 16, at the Boulder Foothills Community Park, 800 Cherry
Ave., to raise money. Following the benefit, the Entrepreneurs'
Foundation of Colorado, based in Boulder, will hold a strategic
planning meeting with Intercambio to work out some of the details of
the expansion. About 40 members of the Foundation will volunteer their
time for the meeting.
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ARCA appoints strategy director
BROOMFIELD
- ARCA biopharma Inc., a biopharmaceutical company based in Broomfield,
has appointed Dr. William R. Hiatt to guide the development of its
leading drug candidate to treat heart disease.
In this newly created position, Hiatt will be responsible for
developing strategic regulatory and clinical initiatives designed to
support Gencaro, a beta-blocker and mild vasodilator in late-stage
development for heart failure, as well as other compounds in ARCA's
pipeline.
Hiatt is a professor of medicine, cardiovascular research and chief of
section of vascular medicine at the University of Colorado Denver's
Anschutz Medical Campus.
"Dr. Hiatt is a recognized expert who knows cardiovascular medicine
from virtually every angle: as researcher, physician, educator,
clinician and former advisor to the U.S. Food and Drug Administration,"
said Richard B. Brewer, president and chief executive officer of
privately held ARCA biopharma. "He brings valuable experience and
insight to ARCA as we prepare to introduce our first product and begin
to educate the medical community about the benefits of genetically
targeted treatment of heart failure."
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AdEx acquires Digital Instruction
BOULDER
- Digital Instructor LLC, an online continuity and digital products
company based in Boulder, has been acquired by Mountain View,
Calif.-based AdEx Media Inc.
Terms of the deal were not disclosed.
AdEx (Nasdaq:ADXM) is a marketing and publishing company. It
acquired Digital Instructor to add more "products to distribute through
our diversified multichannel distribution network," according to Scott
Rewick, the company chief executive officer, in a statement.
For the fiscal year ending Dec. 31, 2007, Digital Instructor had
consolidated revenues of approximately $4.8 million, consolidated gross
profit of approximately $4.4 million and consolidated net income of
approximately $407,000. The company markets digital learning products
and services on the Internet.
"AdEx Media's diversified platform and industry recognition in the
lead generation and advertising solutions sector presents obvious
synergies with the Digital Instructor business," said Dennis Hefter,
managing member of Digital Instructor.
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Level 3 to provide network for Shriners
BROOMFIELD
- Level 3 Communications Inc. said Wednesday that it has been selected
by Shriners Hospitals for Children to provide network connectivity
between that company's data center, hospitals and disaster recovery
site.
Broomfield-based Level 3 (Nasdaq:LVLT) will deliver a virtual
private network with direct connections to several Shriners hospitals
and data center sites.
"We needed to partner with a network provider that possessed the
national presence and technological capabilities to support our
hospitals in a secure, robust and cost-effective manner," said Gene
D'Amore, Shriners' vice president of information services, in a press
release. "Level 3 was chosen to supply our long-term applications and
disaster recovery network requirements."
Shriners Hospitals is implementing advanced health-care information
technology across the 22 hospitals in its international health-care
system, making it possible for Shriners hospitals and affiliates to
share and store medical images electronically.
The Level 3 infrastructure enables this picture archive
communications system technology across the hospitals and provides
greater efficiency for image storage and retrieval, resulting in
reduced operational costs and improved response to patient requests for
their medical records.
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GHX, BancTec create SaaS for hospitals
LOUISVILLE
- GHX LLC, a Louisville provider of services and products to the
health-care industry, and Dallas-based BancTec Inc. have partnered to
provide hospitals with a software-as-a-service that speeds the
invoice-to-payment process.
The service, called OnDemand AP, allows hospitals to receive 100
percent of their invoices electronically, even from suppliers who still
submit invoices via fax or mail. Ondemand AP streamlines the complete
accounts payable process and helps to reduce invoice processing costs
and cycle time, improve internal controls and productivity, and
optimize cash flow.
"The timing for the OnDemand AP solution couldn't be better," said
Henry Ijams, managing director of PayStream Advisors, which provides
independent research and automation assessments for financial
automation technology. "While there is a strong demand for invoice
solutions that empower health-care finance professionals to fix broken
AP processes, the combination of the AP automation services from these
two heavyweights is impressive."
OnDemand AP's SaaS model provides is immediately ready to use once implemented. |
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Community Calendar
PLAN-Boulder
County hosts Should Orchard Grove Be Preserved as a Mobile Home Park or
Redeveloped? from noon to 1:30 p.m. on Friday, Aug. 15, at the
Creekside Room, Boulder Public Library, 1000 Canyon Blvd. in Boulder.
This is a brown bag discussion event. Cost: Free. Contact:
advocate@planboulder.org.
Boulder Municipal Airport hosts Airport Day and Open House from 9
a.m. to 3 p.m. on Saturday, Aug. 16, at 3327 Airport Road in Boulder.
The public is invited to come see different types of aircraft, tour the
facilities and participate in a variety of activities. Cost: Free.
Contact:            303-441-3108 .
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