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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


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.


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



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.


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.

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.

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


EDITOR: SSUSAN FORTE O'NEILL - STAFF REPORTER: JULIE MIYOSHI SHAPIRO
CONTRIBUTING REPORTER: JOE SUSCA • DESIGNER: VALERIE GERDES

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