Jacobs Automation Secures Series A Financing, led by Blue Chip Venture Company Hebron, KY, May 3rd, 2010 – Jacobs Automation announced the closing today of a Series A financing led by Blue Chip Venture Company, joined by the Queen City Angels, the Kentucky Science and Technology Corporation, and the company’s founders.  Additionally, the company secured a loan from the Kentucky Department of Commercialization and Innovation. “This financing will fuel our rapid growth, allowing us to capitalize on the numerous opportunities available in the market” said Keith Jacobs, CEO of Jacobs Automation.  Jacobs further notes, “We saw great success in the past year and this financing round will help us continue to innovate and continue our aggressive growth”. About PackTrak: Jacobs Automation LLC is a leading automation technology provider, developing and manufacturing technology with groundbreaking speed, flexibility, and energy efficiency for the packaging and material handling industries.   The company’s PackTrak™ product line saves money and reduces energy consumption by transforming today’s hardware laden automation machinery into software-based, highly flexible digital machinery.  Using maglev technology (propelling objects using magnetic fields), Packtrak eliminates a significant amount of hardware, the root cause for downtime, inflexibility and maintenance in a machine, replacing it with software-controlled, solid state components.   PackTrak provides independent, software control of multiple movers along a track in a production line, while greatly reducing  the number of hardware components.  This capability provides for increased flexibility and speed for the movement of products in packaging, converting and material handling processes, saving Jacobs’ customers millions of dollars in annual costs.   For more information, visit www.jacobsautomation.com.

 

Jacobs Automation Awarded Investment from State of Kentucky.

CINCINNATI, Sept. 28, 2009 – Jacobs Automation is pleased to announce it has been awarded a $250,000 high-tech investment from the state of Kentucky.  The award comes from Commonwealth Seed Capital (CSC), a program under the  Dept. of Commercialization and Innovation (DCI) under the Kentucky Cabinet for Economic Development.  CSC is an early stage investor in science and high-tech related firms in the state of Kentucky.  Jacobs Automation has targeted this funding for both job creation and further development of their Maglev technology for industry. http://www.thinkkentucky.com/dci/DCIFunding.aspx   Jacobs to Attend PACK EXPO in Las Vegas, Oct. 5-7th, Booth # S5329     CINCINNATI, Sept. 28, 2009 – Jacobs Automation will be attending the PACK EXPO, the premier packaging show in the world's largest market.  Featured this year at the Las Vegas Convention Center, Oct. 5-7th, it is expected to draw a world-wide audience. Jacobs Automation will be featuring the next generation in Packtrak technology, the PT200.  The PT200 has all the benefits and features of the ground-breaking PT100, with the addition of a wash-down rating of IP65, a high performance INA bearing system and a 25% reduction in mover mass.   Jacobs Featured in Profibus Trade Organziation Website     CINCINNATI, Sept. 28, 2009 – When Jacobs Automation developed its Packtrak linear drive system, it had an interesting problem.  Customers loved the flexible linear drive system with straight and curved modules that can be mixed to form unique motion paths, but they needed the motion profile of Packtrak's innovative movers to be synchronized with fast updates to existing rotary servos and conveyors along the packaging machine.  http://www.us.profibus.com/newsletters/newsletter_28/Issue28.htm#PACKAGING   About PackTrak:   Jacobs Automation LLC is a maglev technology company and the inventor of PackTrak™, a technology with groundbreaking speed, flexibility and energy efficiency for the packaging and material handling industry.   Packtrak saves money and reduces energy consumption by transforming today’s hardware laden automation machinery into software-based, highly flexible digital machinery.  Using Maglev technology (propelling objects using magnetic fields), Packtrak will eliminate a significant amount of hardware, the root cause for downtime, inflexibility and maintenance in a machine.   PackTrak™, provides independent, software control of multiple movers on a track with minimal hardware components.  This capability provides for increased flexibility and speed for the movement of CPG product in packaging, converting and material handling processes, that will save CPG companies millions of dollars a year in costs.     About Jacobs Automation:   Jacobs Automation is an automation technology leader, focused on providing increased flexibility, speed and energy-efficiency for manufacturers worldwide.  From its headquarters in Cincinnati, Ohio, the company is rapidly expanding into the automation market with its leading edge technologies.  For more information, visit www.jacobsautomation.com.   CONTACT: Mike Hyslop (513) 297-7550 x105 mhyslop@jacobsautomation.com

Jacobs Automation Receives $150K from Kentucky High-Tech Fund, to Create 9 Jobs