Latest Avantis Stories

CAPE TOWN, Africa, Nov. 16, 2012 /PRNewswire/ -- Based on its recent analysis of the Automation and Control Solution (ACS) market in South Africa, Frost & Sullivan recognises Invensys Operations Management Southern Africa with the coveted 2012 South African Growth Leadership Award. "In a market facing increasingly intense competition, Invensys Operations Management Southern Africa has continued to register strong growth," noted Frost & Sullivan's Automation &...

SANTA CLARA, Calif., Nov. 29, 2011 /PRNewswire/ -- OmniVision Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, today announced that its ultra-compact, high-performance OV6930 CMOS image sensor performed exceptionally well in a recent 448-patient clinical study on Avantis Medical Systems' Third Eye Retroscope. The study, published in the March issue of Gastrointestinal Endoscopy, demonstrates that the Third Eye Retroscope can increase the...

ALEXANDRIA, Va., Nov. 9, 2011 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $3 million senior secured term loan with Avantis Medical Systems, Inc. Proceeds of the loan are being used for working capital and to support the Company's ongoing launch of its FDA-cleared product, Third Eye® Retroscope®. This device has been shown to enhance polyp...

TEANECK, N.J. and HYDERABAD, India, July 16 /PRNewswire-FirstCall/ -- Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology, and business process outsourcing services, today announced a global product research and development alliance with Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries. As a part of this relationship, Cognizant has signed an initial five-year,...

HOUSTON, July 14 /PRNewswire/ -- Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, and PAS have reached a definitive agreement to use PAS' Integrity Automation Genome Mapping(TM) software to facilitate automation system deliveries worldwide. Integrity(TM) software improves engineering productivity through verification and creation of system documentation, tracking configuration...

SUNNYVALE, Calif., April 1 /PRNewswire/ -- Avantis Medical Systems, Inc., a technology leader in developing novel chip-on-catheter digital imaging devices, today announced that Matthew Jenusaitis of ConcepTx Medical, Inc. has joined the company's board of directors. "We are pleased to invite someone of Mr. Jenusaitis' experience and prestige to join our board of directors. We look forward to working with him and expect that, as we continue to expand markets for the Third Eye(R)...

SUNNYVALE, Calif., Jan. 16 /PRNewswire/ -- Avantis Medical Systems, Inc. announced today the closing of $10 million in Series C funding. The funding was led by MC Silicon Valley / Mitsubishi International and joined by existing investors including Montreux Equity Partners, Thomas J. Fogarty, M.D. and CN Investment Partners. In connection with the Series C funding, Noboru Ohrui, Manager, Healthcare Solutions, Mitsubishi International has been elected to Avantis Medical's board of...

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has been selected by the United States Department of Energy's (DOE) National Energy Technology Laboratory (NETL) to provide a dynamic process simulator for an integrated gasification combined cycle (IGCC) plant with carbon capture. The IGCC plant simulator is part of the DOE's initiative to develop new clean-coal power plants that burn more efficiently to produce environmentally...

Invensys Process Systems (IPS), a global technology, software and consulting firm, has been named the Bronze Winner of the 2008 Most Innovative Power Technology of the Year by Asian Power magazine at the annual awards ceremony held this year in Kuala Lumpur, Malaysia. The prestigious event recognizes outstanding leaders in the Asia power industry for their excellent practices and contributions and for setting industry benchmarks for others to follow. "In Asia, the power industry is facing a...

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has been selected by Enel to supply control and automation technology for the world's first hydrogen-fuelled power plant, to be constructed in Fusina, near Venice in the Veneto region of Italy. Enel is Italy's largest power company with more than 50 million power and gas customers and a presence in 21 countries. The new facility, which places Enel and Italy at the forefront of...