
MEMBERS
MAKING THE NEWS - WINTER 2002 NEWSFLASH
Message
from the Editor: As January historically marks a time of new
beginnings and resolutions, it is also a time to prepare for
the forefront of change. This past year we watched our country
face one of the most dramatic life threatening and economic
changes since the attack on Pearl Harbor. Yet, recent studies
have found that questionable business practices being used by
some of our leading companies have shown that the events of
9-11 were not the only cause for a downturn in our economy.
With the demise of Enron and the question of Arthur Anderson's
integrity, this January will be an historical landmark and wake-up
call for all businesses across the country to re-evaluate the
core values of their companies and focus more readily on the
importance of maintaining a strong human capital built on honesty
and integrity. We look forward to seeing you at our upcoming
gatherings and this year's Visionary Forum, which will be held
on May 23rd (please note new date).
Warmest
Regards, Ssusan Forte O'Neill
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A Special Economics Report
New Milken Institute Study Shows That The Sept. 11 Terror Attacks
Will Cost U.S. Metros
More Than 1.6 Million Jobs In 2002,
with a Predicted Recovery to Begin Second Quarter
According
to a new study from the Milken Institute, some of this
country's biggest tourist destinations - LasVegas, Reno, Atlantic
City, Orlando and Honolulu - and its biggest cities - New York,
Los Angeles and Chicago- will suffer heavy
job losses as a direct result of the terrorist attacks of Sept.
11. "The shock waves of the Sept. 11 attacks on the World
Trade Center and the Pentagon are still pulsing through the American
economy," the report states. "And with the economic
injury focused predominantly on a handful of sectors - travel,
tourism, lodging, dining and recreation - the consequences for
individuals and unique localities have been profound."
"The
attacks of September 11 devastated several key industries and
the cities dependent on them," said Ross DeVol, Director
of Regional Studies and principal author of the report. "The
good news is that many of those jobs should come back by next
year." The report predicts that the U.S. economy will remain
in a recession until the second quarter of 2002, when recovery
will begin. Visit the Milken Institute website www.milkeninstitute.org
for more information.
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MADRID PROTOCOL EXPANDS BENEFITS FOR YOUR COMPANY'S
INTELLECTUAL PROPERTY RIGHTS
The United
States is expected to soon become a party to the Madrid Protocol,
a system which allows for filing and registering a single international
trademark. A U.S. applicant would pay one fee and would designate
any member countries in which registration is sought. The benefits
include simplified filing, renewal, and reduced filing costs.
Prior to filing the Madrid Protocol application, the U.S. applicant
must own a U.S. application or registration. This leads to one
of the disadvantages of this type of international filing. If
the U.S. application/registration is abandoned or canceled the
International registration will be abandoned. There are other
advantages and disadvantages to this type of application that
should be explored. For more information on the Madird Protocol
contact Terri Sale, Intellectual Property Attorney, Fulbright
& Jaworski L.L.P. at 213.892.9200
or e-mail: tsale@fulbright.com
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INNOVATIVE
UPDATES AND MORE
Childrens Hospital Los Angeles Develops an Innovative
and Cost Effective Technology to Expand Their Medical Network
to Meet the Growing Healthcare Needs of Young Patients
In
the not too distant future will critically ill children have access
to pediatric intensivists within moments of arriving at their
community emergency department? Will outlying communities, with
limited ability to recruit subspecialists be able to access cutting
edge technology without driving hundreds of miles? Those are some
of the questions Dr. Randall Wetzel of the VPICU (Virtual Pediatric
Intensive Care) Telemedicine project hopes to find answers to
with the very generous support of the Laura P. and Leland K. Whittier
Foundation and the HRSA Rural Telemedicine Project.
A network
is being built with participating hospitals - Childrens Hospital
Los Angeles, Antelope Valley Hospital Medical Center, Pomona Valley
Hospital, Northridge Hospital Medical Center, Huntington Hospital
and one remaining as yet to be determined facility - to allow
direct visualization of children in each of the facilities. This
video conferencing platform designed by Stryker Communications
will allow physicians to hear heart/lung sounds, view 12 lead
EKG information, vital signs and procedures being performed real
time via ISDN. The ability to increase interactions among health
care professionals at a time of decreasing resources through the
use of innovative technology will allow greater accessibility
and will improve the current telephone triage system to allow
for more cost effective and faster critical decision-making. For
more information visit our website at http://www.picu.com
or contact Chris Baker at 323.669.5408.
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VIVOMETRICS RECEIVES TOP APPROVAL FOR THEIR LIFESHIRT SYSTEM
The LifeShirt
System received CE Mark approval in December enabling VivoMetrics
to initiate sales in the European Union. VivoMetrics and the LifeShirt
System were also recently recognized by Forrester Research,
Inc. as one of Forrester's Top 10 Healthcare Predictions
For 2002. For more information on VivoMetrics please contact
Bill Cary at 805.667.2225 or e-mail BVcary@aol.com.
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Ross
DeVol will be honored March 20, 2002 at the 13th Annual
Shelter Partnership Dinner, set to take place at the Millennium
Biltmore Hotel in Downtown Los Angeles. Shelter Partnership
is a nonprofit agency that works to build the capacity and resources
of homeless service providers throughout Los Angeles County, as
well as to increase the amount of affordable housing available.
Ross DeVol is being honored for his commitment to increasing
the amount of affordable housing. For more information on the
event please contact Tracy Wallace at 213.943.4585.
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UPCOMING
EVENT
THE TECHNOLINK ASSOCIATION
Co-operative Supporter
THE NATIONAL ASSOCIATION FOR BUSINESS ECONOMICS
PRESENT
"The Economic Perspective from the UCLA Anderson
Forecast"
Wednesday, February 13, 2002
11:30 Registration o Lunch Begins Promptly at Noon
OMNI Los Angeles - 251 South Olive Street - Downtown,
Los Angeles
Edward
Leamer is the Director of the UCLA
Anderson Forecast, which provides forecasts
for the economies of California and the United
States. Leamer is also the Chauncey J. Medberry
Professor of Management, Professor of Economics
and Professor of Statistics at UCLA. Dr. Leamer
is a Fellow of the American Academy of Arts
and Sciences, and a Fellow of the Econometric
Society. He is a Research Associate of the
National Bureau of Economic Research and a
visiting scholar at the International Monetary
Fund and the Board of Governors of the Federal
Reserve System.
$35.00 NABE and Technolink Association
Members $45.00 Lunch for Guests
Register directly with Meena Kishnamsetty
(213) 346-5028
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EDITOR:
SSUSAN FORTE O'NEILL - STAFF REPORTER: JULIE MIYOSHI
SHAPIRO
CONTRIBUTING REPORTER: JOE SUSCA DESIGNER: VALERIE
GERDES
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