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Stevens and Connecticut Innovations agree to investment of $500,000 in SPOC Inc.

vens has fostered a very successful collaboration between Stevens Biomedical Engineers and Dr. Marcus. Now, with the financial support from CI, I am confident that we have extremely solid footing upon which we can commercialize the product."

"We are very excited to be investing in a company that has developed a tool that allows for a revolution in the accuracy and precision of muscle pain diagnosis," said Peter Longo, executive vice president and chief investment officer of Connecticut Innovations. "And we are delighted that the management of SPOC, whose technology was developed at the Stevens Institute of Technology in New Jersey, has decided to locate the company in Connecticut." Longo added, "We hope that SPOCs diagnostic tool will become as common as the stethoscope and that all doctors will carry one in their pocket."


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Contact: Patrick A. Berzinski
pberzins@stevens.edu
201-216-5687
Stevens Institute of Technology
2-Apr-2007


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