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Sanford, Fla. (April 13, 2005) --- AppliCote
Associates, LLC, A client company of the UCF Technology Incubator (UCFTI)
in the Central Florida Research Park, has relocated to the Seminole Technology
Business Incubator Center (STBIC), 1445 Dolgner Pl., off Orange Blvd.
at the Port of Sanford. AppliCote will continue to be a client of the
UCF Technology Incubator.
Nat Quick, founder and chief executive officer of AppliCote, said the
firm's relocation makes it more cost-effective. It also allows the company
to take advantage of the partnership between the UCFTI and the STBIC.
AppliCote will be able to utilize resources and services of both Incubator
programs.
“Most technology subcontractors we work with are located in DeLand, DeBary
and the Oviedo area,” Quick said, “and our new STBIC location puts us
closer to our center of the action.” Quick said AppliCote will continue
to work closely with the UCF Center for Research and Education in Optics
and Lasers (CREOL).
“Some of the work we are engaged in with CREOL can't be done anywhere
else,” said Quick. “They've promised I'll still have a parking space at
the UCF Technology Incubator and CREOL and we'll be utilizing all their
programs and consultants,“ he added.
“Seminole County is developing a strong entrepreneurial community and
UCF is pleased to partner with them.,” said Tom O'Neal, Chief Executive
Officer of the UCF Technology Incubator. “That is why we formed the partnership
with STBIC last year. It enables us to work together to assist young technology
companies. The success of those companies brings benefit to the whole
region.”
AppliCote, which opened in 2003, has developed technologies critical
to next-generation semi-conductors used in the communications and power
control industries.
* * *
AppliCote Associates, LLC is a materials science technology company and
specialist in contract R&D in laser direct write conversion technology.
The company develops laser processing technologies for electronic materials
and extends these technologies through the commercial prototype stage. AppliCote
Associates, LLC, incorporated in Florida on March 3, 2003, is currently
a client of the University of Central Florida Technology Incubator and
is contracting facilities and expertise from the University of Central
Florida, Center for Research and Education of Optics and Lasers (UCF-CREOL)
and the Materials Characterization Facility (UCF-MCF) through I-4 Corridor
High Technology awards. AppliCote is presently focused on laser
processing of wide bandgap semiconductor and ceramic electronic devices
and sensors.
Since its founding in 1999, the UCF Technology Incubator has helped more
than 80 emerging technology companies create over $150 million in revenue
and more than 600 new jobs with an average salary of $59,000. As
a result of this success, the UCF Technology Incubator was recently named
the 2004 Technology Incubator of the Year by the National Business Incubation
Association. Headquartered in Research Park near the University,
the Incubator is a true collaboration in economic development between
UCF, Orange County, the City of Orlando the Florida High Tech Corridor
Council and the Metro Orlando Economic Development Commission. For more
information, please visit http://www.incubator.ucf.edu
* * *
For more information, please contact:
Nat Quick, AppliCote, President, AppliCote Associates, LLC, 407.474.4269
Tom O'Neal or Carol Ann Dykes, UCF Technology Incubator, 407.882.0202
Larry Vershel or Beth Payan, LV Communications Inc. 407.644.4142
(fax 4410)
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