Angel investors put faith, $160,000 in Ashland firm - News - MailTribune.com - Medford, OR

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2014-10-09

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Home News Latest Stories Items found in Emigrant Lake prompt archaeological study Medford police: Pear Blossom Park isn't turning into Hawthorne Fire burns South Stage Road barn, equipment Trucker lucky to walk away from I-5 crash Truck crash near Grants Pass could take days to clean up Crime, Courts and Emergency Services Medford police: Pear Blossom Park isn't turning into Hawthorne Fire burns South Stage Road barn, equipment Truck crash near Grants Pass could take days to clean up Medford carjacker found guilty but insane Woman charged in stabbing at downtown Medford park Politics and Elections Commissioner candidates Talbert, Roberts duel for endorsements Falls: Jackson County sheriff's race isn't over Former sheriff calls Winters' retirement decision 'very wise' Will 'GMO effect' shape election? 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Bow flag legit as it gits Florida teammates fight over missing cleats Pro Sports Butler, Gordon relish Royals’ postseason success Prater hopes to take advantage of another chance Owners’ meetings focus on personal conduct Orange October Cardinals sink Kershaw again, head to another NLCS Community Sports Business Latest Stories Rental vacancies increase 1-800-Flowers CEO: Labor shortage an issue for Harry & David Jackson County real estate sales, prices continue rebound Greg Zyla: 1959 430 V-8 Thunderbird owner seeks information Silvio Calabi: Nissan’s Taxi of Tomorrow Real Estate News Rental vacancies increase Jackson County real estate sales, prices continue rebound Pallet Wine Co. expands in downtown Medford Medford's Pixel Productions moves to new quarters Tenants begin moving into One West Main People In Business Transportation Agriculture 1-800-Flowers CEO: Labor shortage an issue for Harry & David Pallet Wine Co. expands in downtown Medford Purchasers praise Harry & David's turnaround Opinion Latest Siskiyou Plus Spring Bear Hunt: What lies beneath? 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By GREG STILES MailTribune.com By GREG STILES Posted Apr. 12, 2012 @ 12:01 am Updated Apr 12, 2012 at 2:06 AM By GREG STILES Posted Apr. 12, 2012 @ 12:01 am Updated Apr 12, 2012 at 2:06 AM By GREG STILES --> Mail Tribune Necessity remains the mother of invention. When Ron Gandy re-started his roofing company in Grants Pass to provide a summer job for his son three years ago, the State Accident In... » Read more X By GREG STILES Mail Tribune Necessity remains the mother of invention. When Ron Gandy re-started his roofing company in Grants Pass to provide a summer job for his son three years ago, the State Accident Insurance Fund required a ladder safety plan. That led the retired air traffic controller to develop a device that connects ladders to gutters or the house itself. Contracting friends and families knew he was on to something. Attendees at the Southern Oregon Angel Investment Conference agreed, awarding Gandy and his wife, Carrie, the Concept Company award, providing $7,500 in mentoring, incubator aid and cash. "There was nothing on the market like it," Gandy said. "We used to just tie a rope around the gutter." The first 50 sets were fabricated at Brill Metal in White City during the summer of 2009, and patents are moving through the system. Last month, Ladder-Tite sold 150 units. The homeowner units retail for $29.95, while the contractor pack sells for $36.95. The vision, however, is to grow well beyond a few shops in Josephine County. "We either want to keep the business in the Rogue Valley or license it to large ladder companies," Gandy said. The biggest drawback at this point, he said, is liability insurance. "Liability insurance costs $2 per unit," he said. »  Social News Frustrated by tools unfit for his tasks in hospital emergency rooms, Brian Phelps decided there was a better way. When Apple introduced the iPad two years ago, the ER doctor sprang to action. "After 10 years of frustration using information systems in emergency departments, I knew there was a better way," said the chief executive officer of Montrue Technologies in Ashland. "There's a great depth of development talent here, and the people look out for each other." He recruited two fellow Ashlanders: Eric Turner, a veteran of startups and a developer of Apple-related software, and Matthew Beers, a chief systems operator for a Chicago firm. In just more than two years they've produced a technology that will give ER personnel a better handle on their jobs and provide patients more attention. Their emergency department information system grabbed the attention of 23 investors who awarded them the $160,000 Southern Oregon Angel Investment prize Wednesday at Bigham Knoll Conference Center. Montrue Technologies beat out Blue Feather Products, Organic Nation and Eco Vision Packaging Inc. for the award. It was the second angel investment award for Montrue, whose name comes from the French word for platform. The group captured a $200,000 investment 10 months ago at the Willamette Angel Conference in Corvallis. "We were all experts in our field, so we knew we had as good a chance as anyone," said Phelps, a native of Martinez, Calif. "Being a startup CEO is a lot like being an emergency room doctor: you have to make critical decisions with limited information." Montrue Technologies is on the brink of testing its systems at Ashland Community Hospital, but it also is negotiating with other hospitals. "The market is evolving, and we're in very good position to ride the wave of mobile devices into the mainstream hospitals," Phelps said. "Our system solves a huge problem for all hospitals that have emergency departments." "This is a team which would stand head and shoulders with some of the Silicon Valley teams," said Jim Huston of Portland Seed Fund, who was not among the investors. "If you're going to do big things, you need a good team." Turner was a founder of Starseed, whose WebRing product was a key component of a $33 million acquisition by GeoCities that in turn was sold to Yahoo for $4.6 billion. Turner said he's armed with experience he didn't have in the past, but every startup is different. "Problem solving is different," Turner said. "The people you work with are different. There are some common elements, but the most important element is chemistry. No matter how great the idea or how smart the people, if you can't get through adversity together, you don't have a chance. We have a rare combination of talent, opportunity and chemistry." Beers' role is to work with hospital technology staffs. "When Brian came to me, he had a very unformed idea, but definitely had strong opinions about the things doctors need to do their job," Beers said. The solution developed to aid emergency room doctors was a software application for iPad called Sparrow, allowing doctors to do multiple patient-related tasks while "looking patients in the eye," Phelps said. The other software element known as Ground Control lets the company interact with hospital databases so the information collected by the emergency staff goes where it's needed with the intended results. They hope to begin testing the system in Ashland later this month. The idea is to reduce the complexity of getting the information in and out of the system, Beers said. "That part's complicated." Reach reporter Greg Stiles at 541-776-4463 or email [email protected]. By GREG STILES MailTribune.com By GREG STILES Posted Apr. 12, 2012 @ 12:01 am Updated Apr 12, 2012 at 2:06 AM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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