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News

Signostics Ltd appoints prominant global businessman as Chairman

 Australian medical device company, Signostics Ltd, has appointed prominent global businessman Raymond Spencer as the company’s new Chairman
http://www.hughespr.com.au/news/newsreleases/216-signostics-appoints-raymond-spencer-as-new-chairman

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Cavitus Signs Overseas Distributor

 Cavitus Pty Ltd has signed an exclusive distribution agreement for the Iberia region for its high power ultrasonics (HPU) technology.  The distributor is Spanish company Ros Casares RRE Medio Ambeinetal S.L. which has a subsidiary specialising in application of ultrasonics technologies. The Ros Casares industrial group is one of Spain’s largest private companies.
http://www.cavitus.com/downloads/CavitusPressApril2010.pdf

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NVT Systems raises $500k to pursue export markets

Pioneering Australian medical device company, NVT Systems (NVT), closed a $500k round of investment from Playford Capital, the Commonwealth Government’s Innovation Investment Follow On Fund and Bio Angels SA in January.   To read the full press release click here.

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Cavitus closes $1m investment round

Cavitus Pty Ltd successfully closed a $1m investment round in December with Playford making its first investment as part of its Innovation Investment Follow-on Fund (IIFF) commitments.  Cavitus will use the funding to continue its product development and sales efforts in high-power ultrasonics (‘HPU’) applications for optimising liquid-phase Agri-Food manufacturing.

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Playford chalks up $12m success in crisis year

Against the backdrop of the global financial crisis, seed investor Playford Capital succeeded in generating more than $12 million in innovation investment during the 2008-09 financial year.

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Playford Capital receives $7.45m offer for IIFF funding

Playford is pleased to announce it has been successful in receiving an offer from the Australian Government to enter into an IIFF funding agreement.  To read the full story click here.

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Playford Capital selected to join Microsoft BizSpark Program as Network Partner.

Playford Capital has gained accreditation as a Network Partner in the Microsoft BizSpark Program, giving innovative South Australian companies access to resources that can fast-track their success.

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Signostics receives FDA approval for world's smallest medical ultrasound device

Pioneering medical device company Signostics announced today it has secured clearance from the U.S. Food and Drug Administration (FDA) for its palm-sized personal ultrasound product, the “Signos.”  Read the full story here.

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Playford reaches $90m Milestone

Seed investor Playford Capital passed a significant milestone in the 2008-09 financial year by bringing the total investment it has attracted to SA-based innovators to more than $90 million.

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Looksmart Founder Shares Insights in Adelaide

Martin Hosking told Adelaide audiences on 17 Mar 09 that Australian companies need to model themselves on the frill-neck lizard if they aim to succeed in the global marketplace.

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