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Published in U.S. 1 Newspaper on August 9, 2000. All rights
reserved.
Technology Expo
Dale R. Pfost, CEO of Orchid Biosciences Inc.,
and Gregory H. Olsen, CEO of Sensors Unlimited Inc., are keynote
speakers for the business trade fair and technology expo on Thursday,
August 31, at the Doral Forrestal, sponsored by the Chamber of
Commerce
of the Princeton Area and U.S. 1 Newspaper.
Olsen, who is president and founder of the company at Princeton
Service
Center (www.sensorsinc.com), will discuss “A Tale of Two
Companies” at the
chamber’s
luncheon. Pfost, who is chairman, CEO, and president of Orchid
(www.orchid.com), will
discuss “The Big Breakthrough in Genomics: What It Means to
Princeton”
at 4 p.m. for U.S. 1’s Technology Forum.
The schedule also features Congressman Rush Holt, of the state’s
12th district, who will hold private, pre-scheduled interviews, and
a workshop by Edward Burton, director of the U.S. Department
of Commerce Export Assistance Center in Philadelphia, whose topic
at 10 a.m. is “You, Too, Can Expand Your Business.” The expo
and fair runs from 11 a.m. to 5 p.m.
After earning degrees from Fairleigh Dickinson and the University
of Virginia, Olsen worked at Sarnoff Corporation. Then he founded
— and sold — Epitaxx Inc., a high tech manufacturing company
in West Trenton, and founded Sensors Unlimited.
Pfost has degrees from the University of California at Santa Barbara
and Brown. Before coming to Sarnoff in 1996, Pfost spent 12 years
applying state-of-the-art engineering to the drug discovery process;
he founded and sold one company and did a turnaround for a British
R&D firm. Orchid Biosciences did its IPO last year and has seen its
stock quadruple.
Orchid has automated microfluidics processors — miniature
chemistry
labs that can manage and perform hundreds of chemical reactions
simultaneously
on a computer chip-like object about the size of a credit card.
The company also has proprietary SNP technology, known as genetic
bit analysis (GBA). Now that the SNP Consortium and the Human Genome
Project have reached their goal of finding and mapping 300,000 common
SNPs, Orchid hopes to use its the speed and economy of its chips plus
the SNP technology to develop and improve diagnoses and treatments
for unmet medical needs.
Admission to the Technology Expo and the Dale Pfost forum and to the
Business Trade Fair is free. The luncheon costs $28; call
609-520-1776.
For information on how to showcase your company at the Technology
Forum call U.S. 1 at 609-452-7000.
Top Of PageChinese Expo in September
The Chinese province of Zhejiang will hold an economic
and trade fair at the New Brunswick Hyatt from Monday to Wednesday,
September 11 to 13. At this first big exhibit in New Jersey by a
Chinese
province, more than 50 companies will exhibit such products as silks,
small machinery, chemicals, foods, shoes, textiles, garments, toys,
medical supplies, sports equipment, and tea. Admission is free to
the general public. Call the Middlesex Chamber, one of the many trade
fair sponsors, at 732-821-1700 for information.
Zhejiang is located on the southeast coast, south of Shanghai, and
its 44 million people have one of the highest living standards in
China. New Jersey is a sister county to the province, and Union County
holds a sister relationship with the municipality of Wenzhou.
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