26 October 2006

Update on Activities

Mercury Technology Labs continues to move forward.

We have almost finished milestone 1 with our Fortune 100 client. That means that we can get paid, which is good news. We have come across some real opportunties technologically. Technologies people will need but they just don't know it yet.

James Clar has continued engaging in dialog with potential distributers of his products and has a few YouTube posting of his NextFest 2006 Exhibit. He also exihibited at Pop!Tech 2006.

Our other two companies are progressing. This week we final settle into an agreement on roles for our bioinformatics firm setting us up to move it forward as quickly as we can. For our nano firm our hold up is technology protection and teachnology transfer. It has moved painfully slow. Going forward for the forseeable future with these two clients our only hold back will be in the legal/business agreement arena. How fast can the lawyers enable us to move things to the next level? We'll see.

In other news Mercury Technology Labs had an article published launching our company. Check out the Memphis Business Journal - October 13, 2006. Thanks to Michael Sheffield for the coverage.

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