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Energy Efficiency, but at What Cost? HIGH-TECH PRINTING MARKETPLACE AND GRAPHICS App makes connecting Cool new developments to conference calls easy in large-format printing $1 6A 10A Volume 31 Issue 13 | Date June 8-21, 2012 Energy efficiency, but at what cost? BY MICHAEL DAVIDSON place to start as the city moves toward [email protected] Proposed changes to Boulder’s achieving its climate goals, said Eliza- beth Vasatka, the city’s business sus- BOULDER — As the city of Boul- tainability coordinator. der considers changes to its climate climate action plan spark concern Prior studies have shown energy action plan, businesses and commer- properties. Passing laws that would require use accounts for up to 76 percent of cial property owners are concerned Boulder is reviewing its climate buildings to be more efficient is one of Boulder’s greenhouse gas emissions, about the possibility the city will pass plan and energy strategy, and in May the options the council is considering. and nearly 83 percent of those emis- ordinances requiring them to make the Boulder City Council had a study Making commercial buildings sions come from the industrial and energy-efficiency upgrades to their session on the topic. more energy efficient is an obvious ➤ See Efficiency, 23A ORBITAL TECHNOLOGY Drug race Business is cooking at Custom Microwave Inc. in Longmont lures local companies to fast lane Pharma firms quietly studying biosimilars BY BETH POTTER [email protected] BOULDER — Merck & Co. Inc. and Amgen Inc. — two global phar- maceutical companies with opera- tions in the Boulder Valley – appear to be on the front lines of the new and often-stealthy world of researching biosimilar drugs. Virtually all major drug compa- nies, including Merck and Amgen, are racing to create biosimilar drugs, after the federal government said in 2010 JONATHAN CASTNER that it would create a quicker path to Custom Microwave Inc.’s president Clency Lee-Yow stands in a room at the company’s plant in Longmont that contains approval for such drugs as part of the a temperature-testing chamber. Demand for accurate weather forecasting and the ever-heavier load of satellite-borne new Patient Protection and Afford- communications and retail transactions has meant more business for the satellite-antenna and communication-equip- able Care Act. ment company. See story, 12A. Biosimilar drugs are similar to ➤ See Biosimilars, 15A CONTENTS Serving Boulder & Broomfield Counties The Edge Awards ....................... 19A High-Tech Marketplace ... 6A Visit bcbr.com for breaking news Large-format Bank Notes .................. 9A Internet News ............. 18A printing ................... 10A BCBRdaily .................... 2A Nonprofit Network ...... 19A Business Digest ......... 19A On the Job ................. 18A Technology Calendar ..................... 18A Product Update.......... 17A Aerospace ............. 12A Editorial ...................... 22A Publisher’s Notebook . 22A Eye ............................... 3A Real Estate ................. 20A For the Record ........... 16A LISTS Aerospace Companies ........ 14A Commercial Printers ............ 11A 2A | June 8-21, 2012 Boulder County Business Report | www.bcbr.com Smart Balance buys Udi’s gluten-free segment Editor’s note: The following is a wrap- catering company. da Foundation’s board of directors, will enable marketing organizations up of breaking local business stories Smart Balance’s local ties are its Naropa’s nonprofit home for its first to create more targeted marketing published daily on the Boulder County Earth Balance division in Niwot. decade. He has been a member of the campaigns; help customer-service Business Report’s website. Sign up Denver-based Udi’s bakes products board of trustees since its formation teams respond quickly to customer for our free BCBRdaily, an all local in Louisville. Locally, the company in 1986. feedback on social media; generate e-news report sent to your email each also operates a café in Louisville and Lief received a law degree from targeted leads and opportunities for weekday. Just click on “Register for the University of Colorado’s School sales teams; and strengthen how com- E-Newsletters” at BCBR.com. of Law. He was a managing partner panies build more effective brands BCBR DAILY of a Colorado law firm, Roper, Lief, using the Internet and social media. BY BUSINESS REPORT STAFF Mains and Cobb, from 1977 to 1983. The transaction is expected to [email protected] the Pickled Lemon Mediterranean Naropa was a client of the firm. close in the second half of the year. restaurant on The Hill in Boulder. Lief’s wife, Judy, is a former dean Until the transaction closes, Oracle DENVER — Natural-food com- Posted June 1. and chief executive of the Naropa and Collective Intellect will continue pany Smart Balance Inc. said June 1 Institute. to operate independently. After the that it will buy Udi’s Healthy Foods Lief to lead Naropa University Cobb, Naropa’s president from transaction closes, Collective Intellect LLC, a gluten-free natural product BOULDER — Naropa University 1993 to 2003, has been serving as will benefit from increased invest- company, for $125 million from E&A in Boulder has appointed Charles G. interim president and will continue ment in research and development, Industries, the family of co-founder Lief as its president. through July 16. helping accelerate development of Udi Bar-on, and other minority inves- Lief replaces Posted May 23. new capabilities and better integra- tors. John W. Cobb, tion with Oracle’s social sales, com- Paramus, New Jersey-based Smart Naropa’s presi- Oracle buying Collective Intellect merce and service capabilities. Balance (NasdaqGM: SMBL) said dent from 1993 BOULDER — California-based Collective Intellect’s management the transaction is slated to close in to 2003, who Oracle Corp. plans to acquire Boul- and employees are expected to join July. The sale money is to go to Hub- returned to serve der-based Collective Intellect Inc. for Oracle, which has an office in Broom- son Acquistion LLC, an affiliate of as president fol- an undisclosed amount. field. the Indianapolis-based E&A Indus- lowing the resig- Collective Intellect, founded by Posted June 5. tries investment firm, to Bar-on’s nation of Stuart Don Springer, provides cloud-based family and to other minority inves- C. Lord in Sep- Lief real-time social monitoring and ana- CableLabs names CEO tors, Smart Balance said in a press tember 2011. lytics. Its product allows organiza- LOUISVILLE — Technology statement. The transaction will be Cobb will continue through July 16. tions to monitor, understand and industry veteran Phil McKinney financed with proceeds of a new $280 Lief, chairman of the university’s respond to consumers’ conversations has been named president and chief million senior secured credit facility, board of directors, will begin as presi- on social media platforms such as executive at CableLabs, an industry Smart Balance said. dent in August. Facebook and Twitter. research and development office. The Bar-ons will continue to own Lief studied under Naropa’s found- By integrating Collective Intellect McKinney replaces Paul Liao at and operate Udi’s Foods, which has er, Chögyam Trungpa Rinpoche, and with Oracle’s software-as-a-service Cable Television Laboratories Inc. in six restaurants, an artisan bakery and was an original member of the Nalan- products and social platform, Oracle ➤ See BCBRdaily, 21A Serving Boulder County since 2001 Boulder County Business Report | www.bcbr.com June 8-21, 2012 | 3A HUB Boulder prepares for launch with cash, space BY MICHAEL DAVIDSON Berry said. “There’s a dearth of entrepreneur- program’s mission, Berry said. [email protected] HUB Boulder plans to help sup- ial and general community support The preliminary plan is to charge port social entrepreneurs as they try for social entrepreneurship,” Berry companies about $25 per month for BOULDER - HUB Boulder, a local to launch their companies, Berry said. said. HUB Boulder will be “sort of access to a working area and the abil- affiliate of an international network of In addition to working space for up to a clubhouse for that whole commu- ity to rent larger conference spaces. coworking sites and mentorship pro- 60 people, there also will be offices nity.” For from $100 to $500 per month, grams, has raised $365,000 to fund for select companies or organizations HUB Boulder also wants to con- companies will be able to have a its launch later this year, it announced and access to mentors and business nect entrepreneurs in different sec- full-time presence, with a reserved Thursday, May 31. service consultants with experience tors — such as clean technology and workspace. Separate offices will start HUB Boulder LLC also announced in social entrepreneurship. natural products — in ways they at about $600 per month, Berry said. it has signed a lease for a 5,500-square- HUB Boulder will provide space typically aren’t connecting in Boulder, HUB Boulder, which is trying to foot downtown office on the ground and ready access to expertise that can Berry said. raise $500,000 before its launch, will floor of the Randolph Building at be hard for budding companies to find Many companies already have try to make a profit for its backers 1877 Broadway in Boulder. It is work- while they are focused on making applied for what will be limited space, but will prioritize staying true to its ing to have the space open by “early- a profit while addressing societal or and HUB Boulder will screen compa- values, Berry said. to mid-fall,” managing director Greg environmental problems, Berry said. nies to make sure they align with the ➤ See HUB, 8A AirTurn’s Growing trend device helps ‘Idol’ victor Even if you looked very closely, you probably would have missed it. Tucked beneath a piano dur- ing “American Idol” winner Phillip Phillips’ nationally televised perfor- mance was a gadget that helped his pianist keep up with him. The accompanist used an iPad to read the sheet music and Boulder- based AirTurn Inc.’s hands-free wire- less device to turn the digital pages.
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