HSIEC awards grant to Vision Technology to

EVANSTON, Ill., 19 September 2006. The Homeland Security Innovation and Entrepreneurship Center at Northwestern University (HSIEC), formed to catalyze the development of homeland defense and security technologies, products, and services, has awarded a Challenge Grant to Vision Technology Inc., of Champaign, Ill. The grant, the thirteenth awarded by HSIEC since the center was formed in October 2005, was given in partnership with the Illini Entrepreneurship Center.

EVANSTON, Ill., 19 September 2006. The Homeland Security Innovation and Entrepreneurship Center at Northwestern University (HSIEC), formed to catalyze the development of homeland defense and security technologies, products, and services, has awarded a Challenge Grant to Vision Technology Inc., of Champaign, Ill. The grant, the thirteenth awarded by HSIEC since the center was formed in October 2005, was given in partnership with the Illini Entrepreneurship Center.

Vision Technology has developed two new families of cameras that capture high-resolution, panoramic views for government and business use. The company's Nicam camera can provide seamless, uniform-resolution panoramic images where all objects are in focus regardless of distance.

Vision Technology's hemispherical camera can show a hemispherical view captured at video rates with uniform resolution throughout the entire image.

In addition to homeland security applications, commercial applications include banks, casinos, supermarkets, photographers, corporate security, and others.

Illinois Entrepreneurship Network Challenge Grants provide matching funds to help high-growth small businesses achieve critical business milestones. Companies supported by the HSIEC also receive important business services including management assistance and coaching, product development and technology commercialization advice, market intelligence, and access to venture capital.

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