Information Technology
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Towerstream loss expands in 3Q
Towerstream Corp. posted a $5.4 million, or 10 cents per share, net loss during the three months ended Sept. 30, more than double the loss of $2.6 million, or 5 cents per share, during the same period in 2011. more
| 11/9/12
KVH opens office in Japan
KVH Industries Inc. has opened an office in Tokyo to help support an expanding customer base in the region. more
Textron Systems lands contract with Canadian military
Textron Inc.’s Ottawa, Ontario-based Textron Systems Canada Inc., landed a $205 million CAD contract with the Canadian Forces. more
BDC appoints tech-savvy pair to board
The Business Development Co. – a provider of term loans, SBA loans and lines of credit – has named two tech-savvy businessmen to its board of directors. more
GTECH inks deal with New Zealand lottery
GTECH Global Services Corp., wholly owned subsidiary of Lottomatica Group S.p.A., has signed an agreement to provide new technology and ongoing services to the New Zealand Lotteries Commission. more
Market warming for storing energy to be used as heat
Providence-based VCharge Inc. coined the term “transactive load” to describe a concept company founders believe will change the world. It’s the idea that end users of electricity can save money by determining when they buy power, taking advantage of the pre-dawn hours when demand is low and generators are pumping out far more energy than needed. To take advantage of this concept, VCharge is developing smart-grid applications, such as its Smartbricks for electric thermal-storage systems, that could potentially balance supply and demand on the electric grid and pave the way for alternative energy. Jessica Millar is VCharge’s founder and chief security officer. more

By Patrick Anderson
PBN Staff Writer | 11/5/12

CCRI partners with IBM on ConnectEDU project
As part of an IBM Smarter Education project, the Community College of Rhode Island will help apply predictive analytics and Web-based software technologies to help improve student performance and achievement more
Verizon partners with violence awareness campaigns
Verizon Wireless is partnering with statewide coalitions across New England, including the Rhode Island Coalition Against Domestic Violence, in order to raise awareness of the resources available for the victims of domestic violence. more
Tech Collective lands $5K grant from CompTIA
Providence-based Tech Collective has landed a $5,000 grant from the CompTIA TechVoice Program to purchase technology resources required to enhance outreach, awareness and education in STEM – science, technology, engineering and math. more
Five Questions With: Sarah F. Garnsey
Vice president of marketing and content strategy at Exnihilo Inc. talks about her company’s recent design awards and the challenges of building a new Web project. more
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