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Epsilon Imaging adds jobs, preps cardiac imaging software launch
Wednesday, March 16, 2011
| Source:
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Epsilon Imaging is ramping up its operations as the Ann Arbor-based start-up prepares to launch its principal product, a stress echo exam for cardiologists.
The nearly 3-year-old company spun out of Pixel Velocity in 2008 to develop an ultrasound for cardiac imaging that quantitatively measures the strength and weakness of the heart's muscles. A combination of
National Institutes of Health
and
Small Business Innovation Research
grants funded software development for the new technology.
"Over the last year we have had some major breakthroughs," says Eric Sieczka, president & CEO of
Epsilon Imaging
. "That has allowed us to bring the product to the market later this year."
The company has hired two people in the last year, expanding its staff to 10 employees and four consultants. Sieczka expects to add a few more jobs as it finishes fundraising for the product's commercialization and begins sales later this year.
Epsilon Imaging, which made it to the semi-finals of the
Accelerate Michigan Innovation Competition
late last year, is in the latter stages of hammering details for partnerships to complement its product launch. Sieczka expects this will help Epilson Imaging's technology gain traction quickly. "We expect this to become a significant player in a few years," he says.
Source: Eric Sieczka, president & CEO of Epsilon Imaging
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at
SEMichiganStartup.com
.
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Related Company
Pixel Velocity
3917 Research Park Drive, Suite B7
Ann Arbor, Michigan 48108
Website
Growing from two to twenty-five employees in seven years is pretty impressive. It's even more impressive when your product's only be in the market place for two of those years. Ann Arbor-based Pixel Velocity specializes in high-speed digital image ...
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