Moncton-based Picomole Inc., which is developing a breath analysis device that detects cancer, said yesterday its technology has produced preliminary accuracy of 98.5% in independent trials, which it believes makes it a world leader in detecting lung cancer.

The company has a working, portable prototype of its breathalyzer-like device that can detect lung cancer by identifying markers in breath samples and is spending 2013 performing clinical studies on the device and its infrared-based method of detecting cancer.

 In a press release Wednesday, the company said it had conducted a pilot

Smart Skin Technologies of Fredericton has reached an agreement with a major golf club manufacturer to help launch its new Quantifeel product, which tests the pressure points on a golfer’s grip throughout the swing.

Founder and CEO Kumaran Thillainadarajah said the parties have agreed to terms on a deal they hope to sign in the next few days. Together, they hope to finalize Quantifeel so it will be available in golf stores this year to help golfers choose just the right grip when they’re buying golf clubs.

 “We expect we will have a product out in the market later this fall,” said

What a difference a year has made for Celtx, the St. John’s-based maker of pre-production software for the film industry.

By coincidence, I recently interviewed CEO Mark Kennedy, one year to the day after my last report on the company appeared on Entrevestor, and it was astonishing how the company had performed in that time.

In April 2012, the company had almost two million users (those who had logged in five times or more) in 170 countries operating in 34 languages. Today, Celtx has 4.6 million users, and the company has placed special emphasis on revenue growth lately so it is getting

Canadian Entrepreneurs in New England, a Boston-based group dedicated to helping Canadian tech and biotech companies navigate the New England startup community, will be launched at the Atlantic Venture Forum in Halifax in June.

Critical Path, the Vancouver-based organizer of the Venture Forum, issued a brochure this week that shows the group, modelled on C100 of San Francisco, that will be unveiled at the event, June 19 and 20.

Though it shares a name with the Halifax radio station, C100 in the startup world is the name of a group of Canadian tech professionals working in Silicon Valley

When Andrew Cherwenka first showed up in New York to market his Toronto-based startup Authintic, he worked out of coffee shops, always on the lookout for a spot with free wi-fi.

Today, he’s working in shared space in the city’s Flatiron district and enrolled in one of the leading initiatives of the Canadian Department of Foreign Affairs to develop Canadian startups.

Authintic is one of six Canadian tech companies now enrolled in the Canadian Tech Accelerator at New York City, or CTA@NYC. Though none of the current participants are from Atlantic Canada, the 30 or so companies that have

Media Spot Me, a Kitchener, Ont.-based, startup that helps link journalists and experts, is considering a move to Halifax if it can make the economics of such a move work out.

 

The company was started two years ago by former television journalist Stavros Rougas and his technical co-founder Ebrahim Ashrafizadeh to help solve the problem journalists face in finding experts to comment on topical events. Rougas is a former TV producer, and understands the difficulty in quickly finding experts — usually academics — to speak on any given issue.

 

Having launched the service a month ago,

One of Canada’s leading specialists in innovation on Tuesday urged Atlantic Canada’s entrepreneurs to embrace federal government procurement as a means of driving their products to market.

Tom Jenkins, the Executive Chairman of Waterloo-based OpenText, told a luncheon speech at the Nova Scotia Innovation Summit in Halifax that government procurement is more effective than subsidies as a tool for encouraging innovation. And he added the good news is government procurement, especially in select sectors like defense programs, is destined to be lucrative for several decades.

“Government as

TopLog is three entrepreneurs from three countries who will soon have three doctorates in computer science.  And they have a single mission: to develop a company that makes life easier for network system administrators.

“TopLog turns system data into intelligence that can save you and your company time and money and prevent data loss,” explained Ozge Yeloglu, the president of the young Halifax-based company.

The company was developed from the doctoral thesis of Tokunbo Makanju, a Nigerian who received his PhD in computer science from Dalhousie University last year. Various people within

When Celsius Game Studios Inc. releases its space-trading game Drifter later this year, it will feature planets or star systems named after five real-life Earthlings, who have paid handsomely for the naming rights.

Based in St. John’s, N.L., Celsius has already launched three games; the most successful sold 9,000 copies.

Founder Colin Walsh wanted to do something more ambitious with his next game. To finance his plans, he launched a Kickstarter “crowdfunding” campaign last May, aiming to raise $50,000.

 (Crowdfunding is the practice of funding a venture by raising small amounts of

A corporation or a partnership?

That’s a question facing a lot of founding teams early in their startup life, and it keeps coming up until they finally decide to incorporate.

As with so many business decisions, the correct answer depends on your circumstances. So the best advice I can give is to make sure you’ve considered all these factors before you act:

1. Do you need incorporation to receive non-dilutive funds? Some funding organizations will only allot grants, loans or other contributions to corporations and not partnerships. And in the early stages, non-dilutive financing can be