Tuesday, March 20, 2007

Dr. Mike's NDA, The First News Article

Dr. Mike's NDA is in Steorn's hands now:

drmike: Thanks all. NDA has been received by Steorn, now it's really Sean's turn.
I've been playing with avatar's instead of physics, but at least it's math related...
As usual, we'll just have to wait and see what happens. Nothing else substantial happened in the forums, other than a few folks being fooled by the very clever Edward Windermere. It doesn't take much reading to realize that Edward is fictional.

For those who haven't seen this, I figured I would highlight the very first new article that I know of about Steorn, "Firm strives to extend mobile battery lifespans," published in May of 2006. What is unique about this article is that it came out before Steorn's August PR campaign. Here are some of the interesting quotes:
Steorn, which is based in the Docklands Innovation Park, is raising funds from private investors to complete development of its microgenerator technology. The company has already raised about €3million in backing, and is three years into a four-year development plan.
...
Sean McCarthy, the cofounder and chief executive of Steorn, said the firm’s products were based on the same principle as kinetic energy generators in watches. The products should be ready by the summer of 2007.

...
Steorn employs 16 people designing its products, which are manufactured by a partner company in Holland and shipped back to Dublin for testing. ‘‘We have adopted a policy of partnering rather than hiring,” McCarthy said.
...
The firm is also in the process of raising further investment, but McCarthy would not comment on the amount of funding required.

...
Steorn worked on some of the biggest internet projects in Ireland, including Fyffes’ Worldoffruit.com portal, but had to restructure after the boom ended.
I find it fascinating that a dot-com company transitioned to researching wind power, where they supposedly discovered free energy. I'm also amazed that they were still raising capital last summer after already raising 3 million.

1 comment:

Anonymous said...

"...the firm’s products were based on the same principle as kinetic energy generators in watches....
....The products should be ready by the summer of 2007...."

The above is what I find fascinating. That and the watch related/inspired graphics and allusions they bury in their website. Even their logo is 'swatch' like. They are up to something... but it is not what the current PM gimmick they are running would have one think. Which is another fascinating thing... how much they like these stunts, they even admit that.