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Ann Arbor's ePack doubles in size, plans to hire more
Wednesday, March 3, 2010
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The gadgets that make technology so cool these days aren't exactly resilient on the inside. That's where ePack comes in, helping tech firms protect their latest innovations.
The Ann Arbor-based firm is developing technology that helps protect micro devices, such as the motion sensor in a Nintendo Wii. Without such protection these micro devices would be dead on arrival.
"A small amount of moisture or small particles can ruin their performance," says Jay Mitchell, president and CEO of
ePack
.
The 2-year-old University of Michigan spin-off is starting to raise grant money, which has allowed it to go from its two founding members to a staff of three people, an independent contractor and a couple of advisors. The firm hopes to hire one more person this year and several more in 2011.
For right now it's trying to finish development of its technology so it can go for equity investment in 2011 or later. The long-term plan is to reach the point where it can open a manufacturing facility and produce the technology it is developing.
Source: Jay Mitchell, president and CEO of ePack
Writer: Jon Zemke
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