Entrepreneurship: Learning From The Experts

FOR IMMEDIATE RELEASE/
Contact: WPI Venture Forum, +1-508-831-5075

Tuesday, September 9, 2003, 6-9 p.m.
Worcester Polytechnic Institute, Campus Center Odeum

WORCESTER, MA (August 19, 2003) -- Gaffes, missteps, successes. When it comes to entrepreneurship, all are a standard part of life. On Tuesday, September 9, the WPI Venture Forum will feature renowned entrepreneur, engineer, and inventor Stanley N. Lapidus, a venture capitalist and executive-in-residence at Flagship Ventures. Mr. Lapidus will talk about his wide range of entrepreneurial experiences, both positive and negative, in what is sure to be an enlightening, educational, and entertaining event at the WPI Venture Forum¹s first meeting of the 2003-2004 season.

Following Mr. Lapidus, the evening's case study will be StereoImaging Corporation, a Tyngsboro, Massachusetts, developer of 3D, stereoscopic video cameras that replicate the sensation of human vision. By replacing complicated and inflexible optical and mechanical assemblies with proven video technology, the company expects to compete favorably against established surgical microscope firms. The case will be presented to a panel of experts that will include the evening's keynote speaker, Stanley Lapidus of Flagship Ventures; Rana K. Gupta, Director of Navigator Tech Ventures; and Sara Dolinsky, Principal of AlvaMed LLC and Healthcare Marketing Associates.

The WPI Venture Forum meeting will be held on Tuesday, September 9, 2003, at the Odeum Campus Center on the WPI campus in Worcester, MA. Registration begins at 6:00 p.m. and the meeting begins at 6:30 p.m. Registration cost is $10 individual, annual, and lifetime members; and $20 nonmembers.

About the Speakers

Stanley Lapidus is a venture capitalist with Flagship Ventures. A former entrepreneur, he has raised over $100 million and has founded companies that have achieved market caps of nearly $4 billion, including EXACT Sciences, Itran Corporation, and Cytyc Corporation. Mr. Lapidus is also an Assistant Research Professor in the Pathology Department of Tufts University Medical School, a Senior Lecturer at MIT¹s Sloan School of Management, and a Lecturer at Harvard Medical School. He is also an advisor to the Harvard School of Public Health's Center for Cancer Prevention. He holds a BSEE from Cooper Union.

Philip McKinley, President and CEO, will present StereoImaging's case to the panel of experts. StereoImaging is in a position to revolutionize the surgical microscope world via the use of stereoscopic video. The company can provide a platform that allows angled viewing of patients, as well as digital imaging functions, such as stereoscopic image capture and e-mail. The stereo image can be simultaneously viewed by multiple surgeons and assistants in the operating room, unlike a single user optical microscope.


About the WPI Venture Forum

The WPI Venture Forum was created in 1990 to promote the entrepreneurial spirit and to serve those who engage in technology- based entrepreneurial enterprises by providing advice, support and education tailored to meet their needs. The forum fosters entrepreneurship through such activities as monthly programs, a business plan contest, a weekly radio show on News Radio WTAG (Saturdays, 5-7 pm, 580am), and a monthly newsletter.

The Venture Forum, as part of the Collaborative for Entrepreneurship & Innovation in the Department of Management at WPI, serves individuals who are seeking to begin their own technology-based businesses; founders, presidents, and senior managers of start-up or early-stage companies; senior managers of companies that are restarting or making a transition for one mode of operation to another; and employees leaving large companies due to a reduction in force or to start businesses.