Center for Innovation Hosts Pattern for Progress President

HUDSON VALLEY CENTER FOR INNOVATION HOSTS TALK
BY PATTERN FOR PROGRESS PRESIDENT
Jonathan Drapkin discusses technology, transportation, housing and taxes

LAKE KATRINE, N.Y. (APRIL 17, 2008) Jonathan Drapkin, president and CEO of the Pattern for Progress, will discuss a wide range of economic development issues facing the region during a breakfast meeting on Wednesday April 23, 2008 at the Hudson Valley Center for Innovation.

The talk is a part of HVCFI's monthly Entrepreneurs Breakfast Series held at 703 Grant Avenue in Lake Katrine from 8:00-10:00 a.m. A $10 donation is suggested for those who RSVP and $15 who do not reserve a spot. Those interested in attending should respond no later than April 21, 2008 by sending an Email to specialevents@hvcfi.com or calling 845-943-5660.

Mr. Drapkin will discuss balancing growth with conservation at a time when the local, state and national economy are uncertain. "We are facing a multitude of critical and complex issues from growth at Stewart Airport to attempts to control growth near Bellaeyre Mountain," said Drapkin, whose organization has tracked growth in the Hudson Valley for nearly 45 years.

"The population is aging and the middle class is moving out. Technology companies play an important role in the region's ability to survive and thrive," said Drapkin.

The timing could not be more perfect for Jonathan to speak at the Center for Innovation, said Les Neumann, managing director of the Hudson Valley Center for Innovation. "Jonathan sees and understands the assets and liabilities of the seven individual counties Patter for Progress serves," said Neumann.

Drapkin believes the successful stewardship of the region can be found by developing a regional vision for transportation, healthcare, education, training and housing.

HVCFI's Breakfast Series will be webcast to the economic development and technology satellite office located at the Sullivan County Community College.

ABOUT PATTERN FOR PROGRESS:

Pattern for Progress is a not-for-profit policy, planning, advocacy and research organization dedicated to preserving and enhancing the quality of life for Hudson Valley residents through regional solutions. Founded in 1965 by business, academic and civic leaders, and based in Newburgh, NY, Pattern serves nine counties: Columbia, Dutchess, Greene, Orange, Putnam, Rockland, Sullivan, Ulster and Westchester. On the web: www.pattern-for-progress.org

ABOUT HUDSON VALLEY CENTER FOR INNOVATION:

The Hudson Valley Center for Innovation, Inc. (HVCFI) is a not-for-profit corporation formed to foster the growth and development of emerging high value business and technology development firms, and the creation of high-value jobs throughout the Hudson Valley region of New York State through the implementation, and enhancement of the cost-effective business incubation model. Go to: www.hvcfi.com

HVCFI TALK FOCUSES ON HOT SOLAR TECHNOLOGY TRENDS

NEWS RELEASE

Media Contact:
Roger Rosenbaum
Rosenbaum Media Group
roger (at sign) rosenbaummedia.com

HVCFI TALK FOCUSES ON HOT SOLAR TECHNOLOGY TRENDS
Prism Solar CEO to Showcase Next Generation Solar Technology

LAKE KATRINE, N.Y. (February 21, 2008) Rick Lewandowski, president and CEO of Prism Solar Technologies, Inc. will discuss emerging trends in solar energy technology at the Hudson Valley Center for Innovation on Wednesday February 27.

Lewandowski will speak at HVCFI'S monthly Entrepreneurs' Breakfast Series from 8 a.m.-10 a.m. 703 Grant Avenue. A $10 donation is suggested. RSVP at: specialevents@hvcfi.com or call 845-943-5660.

"This is a great opportunity for entrepreneurs, business owners and those interested in alternative energy to learn about solar technology and the growth Prism Solar Technologies, Inc. expects to see in the next 12 to 18 months," said Lewandowski.

Prism's new type of photovoltaic module uses transparent holographic optical elements in its design. This innovative, patented holographic technology, collects and spectrally selects useful wavelengths from the sun and focuses them onto the cell to create electricity.

Prism’s core technology also allows passive tracking, which can achieve higher output in the morning and late afternoon while reducing the amount of expensive silicon necessary in a module. Prism PV modules minimize the use of expensive solar cells in their modules but still maintain above average output.

"Prism is a shining example of an emerging technology company that will bring quality jobs to Ulster County. It is great to have an industry leading company growing at the Hudson Valley Center for Innovation," said Les Neumann, managing director of the Hudson Valley Center for Innovation.

Prism Solar Technologies, Inc. maintains a research and development facility in Tuscon, Arizona. The company can be found on the Web at: www.prismsolar.com

ABOUT HVCFI:

The Hudson Valley Center for Innovation, Inc. (HVCFI) is a not-for-profit corporation formed to foster the growth and development of emerging high value business and technology development firms, and the creation of high-value jobs throughout the Hudson Valley region of New York State through the implementation, and enhancement, of the cost-effective business incubation model. Go to: www.hvcfi.com

PRISM SOLAR TECHNOLOGIES, INC. OPENS OFFICES AT HUDSON VALLEY CENTER FOR INNOVATION

NEWS RELEASE

Media Contact:
Roger Rosenbaum
Rosenbaum Media Group LLC
845-943-5366
roger@rosenbaummedia.com

Prism's patented technology maximizes sun power in cell to electricity generation

LAKE KATRINE, N.Y. (January 23, 2008) Prism Solar Technologies, Inc. (PST) has moved into 2,500 square of office space at the at the Hudson Valley Center for Innovation to grow its core team and develop a long-term manufacturing strategy.

"Prism and the Solar Energy Consortium are working closely together as it sets its long-term strategy," said Vincent Cozzolino, CEO the Solar Energy Consortium.

"The space located at the Hudson Valley Center for Innovation provides a perfect environment for our expected quick growth. There is a natural flow for early stage companies to start at the Center of Innovation and then seek manufacturing space at TechCity," said Rick Lewandowski, CEO of Prism Solar Technologies, Inc.

Prism Solar Technologies, Inc. is expected to grow to 20 employees at the Hudson Valley Center for Innovation, according to Lewandowski.

"Prism Solar Technologies is a company with a very bright future and we are very pleased to be a part of it," said Les Neumann, managing director of the Hudson Valley Center for Innovation.

Last year, PST raised an additional $6.5 million in early stage venture capital funding and received an international award for most promising new, according to Lewandowski.

Prism Solar Technologies, Inc. manufactures a new type of photovoltaic module that uses transparent holographic optical elements in its design. This innovative, patented holographic technology, collects and spectrally selects useful wavelengths from the sun and focuses them onto the cell to create electricity.

Prism’s core technology also allows passive tracking, which can achieve higher output in the morning and late afternoon while reducing the amount of expensive silicon necessary in a module. Prism PV modules minimize the use of expensive solar cells in their modules but still maintain above average output.

"Congressman Maurice Hinchey has been instrumental in developing momentum for a cluster of renewable energy ventures and the Solar Energy Consortium to succeed," said Lewandowski.

Les Neumann said he is pleased that Ulster County is establishing itself as a hub for solar energy technology "We want to help in any way we can. Our goal is to create high value technology jobs by helping early stage companies succeed with office space and a team of highly experienced business mentors," said Neumann.

Prism Solar Technologies, Inc. maintains a research and development facility in Tuscon, Arizona. The company can be found on the Web at: www.prismsolar.com

ABOUT HVCFI:

The Hudson Valley Center for Innovation, Inc. (HVCFI) is a not-for-profit corporation formed to foster the growth and development of emerging high value business and technology development firms, and the creation of high-value jobs throughout the Hudson Valley region of New York State through the implementation, and enhancement, of the cost-effective business incubation model. Go to: www.hvcfi.com

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SOLAR ENERGY CONSORTIUM LEADERS ADDRESS CENTER FOR INNOVATION BREAKFAST SERIES ON WEDNESDAY JANUARY 23

TESEC President and CEO Cozzolino to discuss solar impact on regional business

LAKE KATRINE, N.Y. (JANUARY 17, 2008) Vincent Cozzolino, president and CEO of the Solar Energy Consortium (TESEC), will be the featured speaker at the Hudson Valley Center for Innovations Entrepreneurs' Breakfast Seminar held on Wednesday January 23rd.

Cozzolino will be joined by SUNY New Paltz Dean and TSEC Core Leader John Harrington at the breakfast seminar from 8:00 a.m. To 10:00 a.m. at the Hudson Valley Center for Innovation located at 703 Grant Avenue in Lake Katrine.

TSEC is expected to provide 300 to 500 jobs in the initial phase and upwards of thousands of jobs in the region within the next several years. It will be headquartered in Kingston.

To attend the breakfast event, an RSVP is required no later than Monday January 21. A continental breakfast will be served and a $10 donation is suggested. Respond by Email to: specialevents@hvcfi.com

"It is an honor to have both speakers talking about the exciting economic development opportunities for Ulster County and the Hudson Valley," said Les Neumann, managing director of the Hudson Valley Center for Innovation.

The Entrepreneurs' Breakfast Series has offered educational opportunities for nearly two years. "I am thankful that the Ulster County Legislature saw the value of the work being done at the Hudson Valley Center for Innovation. As we seek additional funding from other sources, their commitment will keep our doors open in 2008," said Neumann.

ABOUT HVCFI:
The Hudson Valley Center for Innovation, Inc. (HVCFI) is a not-for-profit corporation formed to foster the growth and development of emerging high value business and technology development firms, and the creation of high-value jobs throughout the Hudson Valley region of New York State through the implementation, and enhancement, of the cost-effective business
incubation model. Go to: www.hvcfi.com