|By Business Wire||
|April 3, 2014 01:01 PM EDT||
SpeechVive Inc. announces the completion of nearly $700,000 in funding to move a speech aid innovation for people with Parkinson's disease to the public.
Ambassador Enterprises, an Indiana-based for-profit philanthropic equity investment firm, is providing Series A funding to support the U.S. sales launch of the SpeechVive device. The technology is a behind-the-ear smart device that helps people with Parkinson's disease speak more loudly and communicate more effectively.
"Based on the market research we have conducted and the queries we have received from health care professionals and individuals, there is a strong need for a product like SpeechVive," said Steve Mogensen, president and CEO of SpeechVive. "Our plan is to launch the sales of SpeechVive in the U.S. during the second quarter of this year."
The technology was developed over the past decade by Jessica Huber, associate professor in Purdue University's Department of Speech, Language and Hearing Sciences. The focus of Huber's research is the development and testing of behavioral treatments to improve communication and quality of life in older adults and people with degenerative motor diseases.
SpeechVive reduces the speech impairments associated with Parkinson's disease, which causes people with the disease to speak in a hushed, whispery voice, have mumbled speech and commonly impacts their ability to communicate effectively.
"The clinical data we have collected over the past four years demonstrates that SpeechVive is effective in 90 percent of the people using the device," Huber said.
More than 1.5 million people in the U.S. are diagnosed with Parkinson's disease, and it is one of the most common degenerative neurological diseases. About 89 percent of those with Parkinson's disease have voice-related change, or affecting how loudly they speak, and about at least 45 percent have speech-related change, or affecting how clearly they speak.
"Ambassador Enterprises is deeply committed to developing healthy lives, healthy communities and healthy futures," said Brad Miller of Ambassador Enterprises. "Since SpeechVive is a technology that can improve the overall quality of life for people, it is exactly the type of innovation we wish to invest in and support."
Huber previously had received $2.25 million in research funding for SpeechVive from the National Institutes of Health (NIH).
Compute virtualization has been transformational, yet security policy implementation and enforcement has lagged behind in agility and automation. There are a number of key considerations when implementing policy in private and hybrid clouds. In his session at 15th Cloud Expo, Holland Barry, VP of Technology at Catbird, will discuss the impact of this new paradigm and what organizations can do to...
Oct. 31, 2014 11:00 PM EDT Reads: 1,814
Can we look to the paradigm of cloud computing from a completely different perspective? In his General Session at 15th Cloud Expo, Gundars Kulups, Sales Director at DEAC, will discuss what we can learn from our dining habits when choosing a cloud solution. Gundars Kulups is Sales Director at DEAC, full service data center operator. An IT expert, he specializes in European countries and has worke...
Oct. 31, 2014 10:00 PM EDT Reads: 1,004
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and ...
Oct. 31, 2014 08:15 PM EDT Reads: 2,198
SYS-CON Events announced today that SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API Management and SOA Governance products that equip business to deliver APIs and SOA together to drive their company to mee...
Oct. 31, 2014 07:15 PM EDT Reads: 2,117
As cloud gives an opportunity to businesses to buy services externally - how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, will provide answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He will also te...
Oct. 31, 2014 07:00 PM EDT Reads: 1,137
SYS-CON Events announced today that TMCnet has been named “Media Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Technology Marketing Corporation (TMC) is the world's leading business to business and integrated marketing media company, servicing niche markets within the communications and t...
Oct. 31, 2014 06:30 PM EDT Reads: 1,082
SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, E...
Oct. 31, 2014 06:30 PM EDT Reads: 2,195
We live in a time when seconds – even milliseconds – can have a dramatic economic impact on your company’s future. With technology being the primary conduit for consumer interaction, the user experience is at center stage. User experience will be a deciding factor in separating the future winners from the losers. By building more speed and agility into the application delivery process, DevOps prom...
Oct. 31, 2014 06:00 PM EDT Reads: 1,488
SYS-CON Events announced today that AgilePoint, the leading provider of Microsoft-centric Business Process Management software, will exhibit at SYS-CON's 2nd International @ThingsExpo which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. AgilePoint is the leading provider of Microsoft-based Business Process Management (BPM) software products, has 1,...
Oct. 31, 2014 05:00 PM EDT Reads: 1,342
SYS-CON Events announced today that Parasoft will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. For 27 years, Parasoft has researched and developed software solutions that help organizations deliver defect-free software efficiently. By integrating Development Testing, API/cloud/SOA/composi...
Oct. 31, 2014 05:00 PM EDT Reads: 1,199