UB to honor inventors and entrepreneurs at reception

BUFFALO, N.Y. – Computer software that can read facial expressions better than people. An antibody that prevents breast cancer tumors from metastasizing to other parts of the body.

Those are two of many breakthrough discoveries made by University at Buffalo researchers and partner companies in 2014 that will be honored March 23 at the university’s annual Inventors and Entrepreneurs Reception.

Media are invited to this invitation-only event, which runs from 4-6 p.m. at the Center for Tomorrow on UB’s North Campus. To make arrangements, please contact Cory Nealon, university communications, at 716-645-4614 or cmnealon@buffalo.edu.

The event will honor:

• UB researchers who developed seven technologies licensed to companies in 2014. These discoveries include the cancer-fighting antibody discovery made by Kate Rittenhouse-Olson, PhD, a UB biotechnology professor who founded For-Robin Inc., a company named in honor of sister who died of breast cancer in 1986. A complete list of the technologies is available in the reception program.
• UB researchers named on six patents granted in 2014. These inventors include Mark G. Frank, PhD, professor of communication, who helped develop the aforementioned facial expression software, and other researchers working in medicine, nuclear medicine, electrical engineering, chemical and biological engineering, and structural engineering. A complete list of the patents is available in the reception program.
• Faculty winners of UB’s Entrepreneurial Spirit award: Rittenhouse-Olson (For-Robin), Julian L. Ambrus Jr., professor in the Department of Medicine (Boss Translational Medicine), Kenneth R. Hoffmann, professor in the Department of Neurosurgey (Imagination Software Corp.).
• Two companies that graduated from the UB Technology Incubator in 2014: OptoElectronic Nanodevices, which develops and commercializes novel optoelectronic nanomaterials to enhance the efficiency of devices such as solar cells and photodetectors, and Refulgent Software.
• Seven companies that joined the UB Technology Incubator in 2014: A complete list of the companies is available in the reception program.

“The innovations of these UB researchers, students and their corporate partners show the incredible amount of entrepreneurial activity that is occurring in the Buffalo Niagara region,” said UB Vice Provost Robert J. Genco, who oversees the UB Office of Science, Technology Transfer and Economic Outreach (STOR). “Programs offered through STOR, including new ventures such as tenX and the WNY Innovation Hot Spot, will continue to foster this climate which has helped catalyze the resurgence of entrepreneurial culture in Buffalo and has the potential to improve health and quality of life in our community.”

The Inventors and Entrepreneurs Reception is organized by STOR, which helps UB researchers commercialize their inventions. The office also runs the UB Technology Incubator; the UB Biosciences Incubator in the Clinical and Translational Research Center in downtown Buffalo; Directed Energy, a virtual clean energy incubator; tenX, a co-working space within the UB Technology Incubator; and the WNY Innovation Hot Spot, which provides services to incubated companies across Western New York.

STOR has also partnered with the UB School of Management to run the university’s Entrepreneurship Lab program, a winter session class offered to students who want to turn their business ideas into reality.

Speakers at the reception include UB President Satish K. Tripathi; UB Provost Charles F. Zukoski; UB Interim Vice President for Research and Economic Development Venu Govindaraju; and Genco. Awards will be presented by Genco; STOR Associate Vice Provost Woody Maggard; STOR Director Jeffrey A. Dunbar; STOR Business Formation and Commercialization Manager Martin Casstevens.