Creare, Inc., Joins ILP

CAMBRIDGE, MA, November 9, 2005 - CIMIT is pleased to announce that Creare, Inc. has joined the Industry Liaison Program.

Creare, Inc. is a NH-based engineering research and development firm with projects ranging from building spacecraft cryogenic systems to developing new algorithms for medical image processing. Creare works in a wide variety of biomedical applications, building on core capabilities in precision fabrication, software development, signal and image processing, sensor design, control systems, and thermal/fluid technology. Their diverse engineering capabilities include computer simulation, novel fabrication techniques and materials, as well as a fundamental understanding of physical processes.

Creare is a small company (100 people, including 45 engineers) that is focused on the development and demonstration of novel technology. They seek to commercialize their biomedical technology through licensing arrangements with existing medical equipment vendors, or create spin-off companies.

Creare has joined CIMIT in order to form collaborations with academic clinicians interested in the development of novel medical technology, specifically in the areas of image-guided surgery, imaging and characterization of tissue, and physiologic modeling and signal processing. It is anticipated that some of these collaborations will lead to the development of SBIR proposals. The company also seeks out relationships with medical equipment vendors who are interested in licensing technology to enable image-guided laparoscopic abdominal surgery.