Sopogy Receives 2012 Hawaii Venture Capital Association Deal of the Year Award

January 25, 2013

HVCA logo

The Hawaii Venture Capital Association awarded its 2012 HVCA Deal of the Year to Darren Kimura, CEO of Sopogy, maker of concentrated thermal solar collectors. In addition five local entrepreneurs were acknowledged in various categories with the HVCA Entrepreneur of the Year award. The Young Entrepreneur award went to Scott Mercer of Volta Industries, makers of advertising driven free electric vehicle charging stations. Dan Leuck, co-founder of CONTIX and CEO and founder of Ikayzo won the Software Entrepreneur award. Ken Berkun, founder of Labels That Talk won the Inventor Entrepreneur award for his patented invention, Soundpaper. Winner of the Socially Responsible Entrepreneur of the Year award is Elyse Petersen, founder of Tealet, a social enterprise that connects tea drinkers with small tea growers around the world. David Watumull, co-founder of CARDAX Pharmaceuticals and former CEO of Hawaii Biotech was acknowledged for his many years of devoted entrepreneurship in biotech as the 2012 Legacy Entrepreneur.

“These entrepreneurs are local heroes and role models. They have worked long hard days, made personal sacrifices and taken extreme risks that prove there are people in Hawaii that have what it takes to build great companies,” said Bill Spencer, President of the Hawaii Venture Capital Association. The Hawaii Venture Capital Association was founded in 1988 to promote venture capital formation, entrepreneurship and economic diversification in Hawaii. Spencer has served as its president since 1999. This is HVCA’s 12th annual Deal of the Year and 5th annual Entrepreneur of the Year award ceremony.

Deal of the Year – Darren Kimura – CEO – Sopogy has pioneered the concept of MicroCSP(tm) using its mirrored concentrating solar thermal solar collectors to create high quality thermal heat. This heat is used in the industrial process and as solar steam. The International Energy Agency has estimated that only 17% of final energy consumption is for electricity while 47% of final energy consumption is in the generation of thermal energy. Sopogy’s technologies are poised to capture the thermal energy market by harnessing the power of the sun. Sopogy’s thermal energy is the fuel for stable, renewable process heat and solar steam. Please visit www.sopogy.org for more information.

Young Entrepreneur – Scott Mercer is the Co-Founder and CEO of Volta Industries, LLC. An automobile enthusiast since birth, Mercer began by trading Hot Wheels cars with his friends at age five and never looked back!
Mercer founded Volta, an electric vehicle (EV) infrastructure firm, in Hawaii in August 2010. He and business partner Christopher Ching developed Volta’s proprietary revenue model based on public EV charging stations, and successfully launched this business model on Oahu in 2012, quickly expanding the number of EV charging stations throughout the island. Today Mercer is leading Volta’s strategic expansion to ten cities on both U.S. coasts by heading up efforts to secure capital from outside investors. In addition, Mercer is working to establish partnerships both regionally in Hawaii and nationally.

Software Entrepreneur – Dan Leuck – Contix Chairman & Co-Founder
Dan is the CEO and Owner of Ikayzo, a software development and interactive design firm servicing customers such as Bank of America, Nomura Securities, PIMCO, Sony and Oracle. Previously, Dan served as SVP of R&D for ValueCommerce, Asia’s largest online marketing company, Global Head of Development for London-based LastMinute.com, Europe’s largest B2C website, and President of the US division of DML. Daniel has extensive experience managing teams of 150+ developers in five countries. He has served on numerous advisory boards and panels for companies such as Macromedia and Sun Microsystems.

Inventor Entrepreneur – Ken Berkun founded LABELS THAT TALK in 2006 and has invented and patented its core technology, Soundpaper that lets you record sound on everything from labels to greeting cards. He has extensive background in high tech companies, both as an individual contributor and in management. Prior to Labels That Talk, he was a co-founder of Singingfish, the world’s first audio/video search engine (now owned by AOL). Ken was responsible for Singingfish’s business plan and strategy.

Social Entrepreneur – Elyse Petersen worked as a Global Tea Ambassador in Wazuka, Kyoto, Japan with the International Tea Farms Alliance. Through her time in Japan she made many connections with tea farmers and was inspired by the passion farmers had for their tea. She is now the founder of Tealet, a social enterprise that connects drinkers with tea growers around the world.

Legacy Entrepreneur – Mr. Watumull has more than twenty years experience as a biotechnology industry executive, analyst, and investment banker. He is co-founder of Cardax Pharmaceuticals and co-inventor of the Cardax technology with 14 U.S. and global patents to his name.Cardax has developed and patented a novel class of anti-inflammatory compounds with the potency of steroids or NSAIDS such as aspirin or Celebrex but with the safety of food. He has raised more than $12 million for Cardax since it spun out from Hawaii Biotech in May of 2006. As CEO of Hawaii Biotech, he led efforts that resulted in more than $25 million in investor financing and $30 million in federal grant and contract funding.

Source: http://hvca.org/?p=589

Sopogy is named Innovative Company of the Year 2008

November 17, 2008
Sopogy is nominated for Business Leadership Hawaii Awards 2008

Sopogy Receives Business Leadership Hawaii 2008 “Innovative Company of the Year” Award

HONOLULU –(Business Wire)– Before 1,000 members of the business community, Sopogy, Inc. was presented the Business Leadership Hawaii (BLH) 2008 “Innovative Company of the Year” Award. The event, which took place at the Hilton Hawaiian Village, honors the best in the business. The Innovative Company of the Year Award recognizes organizations dedicated to developing new approaches to creating products, winning customers, and tackling problems. Sopogy was chosen based on its innovative MicroCSP technologies, used to create Process Heat, Solar Air Conditioning, and Electrical Power, and its commitment to leading Hawaii to a sustainable future and curbing the effects of global climate change.

The 7th annual BLH 2008 awards program is a premier event recognizing leaders in business and non-profits. Finalists were judged by a panel of respected business leaders, many of whom are previous BLH winners. Since its launch in 2002, BLH has recognized more than 160 companies, individuals, and nonprofits. Pacific Business News created BLH to spread the word that Hawaii is a great place to do business because of outstanding and committed leaders.

“The culture of innovation is key to our company’s growth and the development of new products. Sopogy is honored to receive the Business Leadership Hawaii Innovative Company of the Year award,” said Darren T. Kimura, Sopogy Chief Executive Officer.

About Sopogy

Sopogy specializes in MicroCSP solar technologies that bring the economics of large solar energy systems to the industrial, commercial and utility sectors in a smaller, robust and more cost effective package. Please visit www.sopogy.org for more information.

Sopogy is selected as a finalist for Business Leadership Hawaii

September 30, 2008
Sopogy is nominated for Business Leadership Hawaii Awards 2008

Sopogy is selected as a finalist for Business Leadership Hawaii Awards 2008

Sopogy is selected as a finalist for Business Leadership Hawaii awards 2008.

Please join Pacific Business News and our sponsors on Thursday, November 13, at 5:30 p.m in the Coral Ballroom at the Hilton Hawaiian Village, as we honor, award and celebrate the best in business at the 2008 Business Leadership Hawaii (BLH) awards event.

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Sopogy receives Innovation Award by Governor of Hawaii

September 23, 2008
Governor's Innovation Award

Governor Lingle Presents Innovation Award to SopogyHONOLULU – Governor Linda Lingle today recognized three recipients of the Governor’s Innovation Awards for their ingenuity and commitment to developing creative ways to improve Hawai‘i and help the state meet the challenges of the 21st century.

“Our most recent Innovation Award winners are outstanding examples of the ingenuity and innovation of Hawai‘i residents, businesses and government agencies,” said Governor Lingle.  “They are applying creative ideas and developing new technologies that will transform our economy away from an over-reliance on land development and position Hawai‘i to compete successfully in the global, 21st century marketplace.”

Sopogy is awarded Governor's Innovation Award

Sopogy, Inc. develops and manufactures renewable energy technology systems, including innovative and affordable solar collectors.  The technology developed by Sopogy can provide the co-generation of electricity, process heat and solar air conditioning from one hybrid system with cost-effective energy storage and power delivery.

“Sopogy, Inc. has accomplished much to advance alternative energy, addressing the important needs of our state and its people” stated Governor Linda Lingle.

“The convergence of Renewable Energy and Innovation is an exciting area where the State of Hawaii has established a leadership position and Sopogy is proud to receive this honor” said Darren T. Kimura, President and CEO.

The Governor’s Innovation Award nominees were evaluated by a 15-member selection panel comprised of industry, education and government representatives statewide.  Nominations were submitted online and were judged on creativity; effectiveness in achieving a goal or purpose; transferability and adoptability by others; and significance in addressing an important local or global issue, problem or opportunity.  The selection committee provided final recommended nominations to Governor Lingle for her selection.

Sopogy wins New Product of the Year from National Society of Professional Engineers

July 26, 2008

Sopogy, Inc. wins “New Product of the Year” from the National Society of Professional Engineers

National Society of Professional Engineers New Product Award

July 26, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 7/26/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.org

808-237-2324

Subject: Sopogy wins New Product of the Year award from the National Society of Professional Engineers.

Portland, OR – Sopogy, Inc., wins the National Society of Professional Engineers’ (NSPE) New Product of the Year Award for its MicroCSP Solar Collector “SopoNova 4.0” at the NSPE’s Annual Conference this year held in Portland, Oregon.

The NSPE New Product of the Year Awards look for new and improved products that stimulate the life and growth of our country. These benefits result from research and development to which engineers make their unique contribution. This competition recognizes the results of those efforts and the foresight of the companies whose aggressive policies bring new products to the marketplace.

“SopoNova 4.0 combines the reliable performance of conventional Concentrating Parabolic Trough technologies with several novel concepts that include the World’s first integrated 270 degree MicroCSP tracker, integrated stands and custom controls” said Darren T. Kimura, CEO of Sopogy.  He continued “after 40+ unique prototypes and thousands of engineering hours invested in the SopoNova product line, this award from one of the Nation’s most respected engineering societies is tribute to Sopogy’s spirit of innovation”.

Sopogy is the first renewable energy and solar technology to ever be awarded this honor.  Previous winners of NSPE’s New Product of the Year include Boeing’s 777, Mercedes Benz M-Class All Activity Vehicle and Chrysler’s PT Cruiser.

About the National Society of Professional Engineers
Founded in 1934 NSPE is one of the nations oldest and most respected engineering associations with over 54,000 members and the public through more than 500 chapters and 53 state and territorial societies.

About Sopogy
Sopogy specializes in MicroCSP solar technologies that bring the economics of large solar energy systems to the industrial, commercial and utility sectors in a smaller, robust and more cost effective package. Sopogy’s goals include to create solar solutions that improve the quality of life for all human kind and to bring order and simplicity to the chaos which is the current solar power business.  Please visit www.sopogy.org for more information.