Ben Franklin Welcomes Pepro to Virtual Energy Incubator

Feb 04, 2010 | Posted in News

FOR IMMEDIATE RELEASE: February 2010

For further information:
Liz Wilson/Ben Franklin Technology Partners/CNP
lizwilson@psu.edu
814-898-6541
or
Kelly Lander – PeproLLC
Klander@peprollc.com
814-676-5688

BEN FRANKLIN WELCOMES PEPRO TO VIRTUAL ENERGY INCUBATOR:

STATE COLLEGE, PA - Ben Franklin Technology Partners of Central and Northern Pennsylvania has created a dynamic virtual incubator to develop an entrepreneurial community surrounding the concepts of clean, alternative energy. The heart of the Virtual Energy Incubator (VEI) is a set of programs designed to assist member companies exploit new energy-related technologies. Supporting this virtual community is a team comprised of personnel from the Ben Franklin Transformations Business Services Network, which will manage the incubator and provide client services.

Currently, the VEI is comprised of 14 company members including PEPRO. An Oil City, Pennsylvania-based company, PEPRO, is well known for manufacturing innovative shielded enclosures that protect sensitive, expensive communications’ equipment from lightening strikes. In 2008, the company embarked on the development of a new wind turbine and solar tower designed to power emergency communication units even in isolated locations cut off from the utility grid.

Victor Garmong, CEO of PEPRO commented, “We were pleased to accept Ben Franklin’s invitation to participate in the Virtual Energy Incubator. It’s seldom that we get the chance to interact with other companies that have the same needs for funding relative to prototype development, testing, and market research. The virtual nature of the incubator creates an excellent opportunity for networking and resource sharing without the need for expensive travel and time consuming, face-to-face meetings.”

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About Ben Franklin Technology Partners
Ben Franklin Technology PartnersCNP, an initiative of the Pennsylvania Department of Community and Economic Development, provides operational assistance, entrepreneurial support, and investment capital to emerging tech-based companies and small, existing manufacturers for the purpose of creating and retaining jobs in Pennsylvania. Contact the main office of Ben Franklin in University Park at (814) 863-4559 or see our website at www.cnp.benfranklin.org

AboutPEPRO

Pepro is a worldwide leader in the manufacture of shielded enclosures that protect sensitive, expensive communications equipment from lightning strikes. The Oil City-based company has developed innovative shields that can handle a 50,000-volt direct hit with less than half a volt getting through to the equipment inside. The technology, which is exclusive toPEPRO, also protects against EMI and RFI interference. For more information see, www.peprollc.com