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					                The Navy Yard News
                 #    #     #    #     #    #       #   #   #   #    #    #   #    #    #    #    #     #   #    Summer 2005

                                                        BIO 2005 Lands at The Navy Yard
The Navy Yard Receives KIZ
The state of Pennsylvania in March approved
plans to create a Keystone Innovation Zone
(KIZ) at The Navy Yard for the pursuit of
economic development, workforce training,
and job creation related to the engineering
and life sciences.The Navy Yard KIZ is led by a
partnership between Penn State University, the
U.S. Navy, Ben Franklin Technology Partners of
Southeastern Pennsylvania, the Philadelphia
Department of Commerce, and PIDC.The
partnership is advised and supported by
                                                        There has been a lot of buzz              Synterra Partners for a
Drexel University, the Collegiate Consortium
for Workforce and Economic Development,                 surrounding the Biotechnology             coordinated marketing effort
Innovation Philadelphia, BioAdvance, the                Industry Organization's (BIO) return to   related to the event. As an official
University City Science Center and 15 other             Philadelphia in June — and for good       Collaborating Partner,The Navy
local and regional corporations and academic            reason. When the event was last held      Yard will occupy a featured exhibit
institutions.                                           in Philadelphia in 1996, just 3,000       booth in the Pennsylvania Pavilion,
Designed to further leverage Pennsylvania’s             individuals attended.                     the focus of Pennsylvania’s bio
colleges and universities as economic                   At Navy Yard News press time, nearly      technology industry where some
development agents, the KIZ program allows              20,000 attendees were registered to       20,000 professionals will seek out
technology-based companies located in                   attend BIO 2005, a potential              the state’s and the city’s best
designated Zones to apply to the state for tax                                                    opportunities.
                                                        attendance record that reflects upon
credits.These companies also benefit from
priority access to state funding programs.              the growing strength of Philadelphia’s    Finally, after days of networking
Universities participating in KIZs will receive         life sciences industries.                 and deal-making, thousands of
state grants to help them transfer university           BIO 2005 is the world’s largest           attendees will unwind at the
technology to companies based in the Zones.             biotechnology gathering and will          official closing ceremony party at
The Navy Yard KIZ is the second Philadelphia-           feature over 20 tracks of programming,    the Philadelphia Cruise Terminal.
based initiative approved by the state.                 including sessions on policy, finance,                   Bio 2005
                                                                                                  Annual International Convention
Philadelphia’s other KIZ – focused on life              business development, science and                    June 19- June 22
sciences – is located in the University City            regulatory affairs. BIO represents more           PA Convention Center
district and the University City Science Center.        than 1,000 biotechnology companies,           Contents
“We are confident that collaboration in these           academic institutions, state
areas of technology will expand Philadelphia’s                                                        Bio 2005 Lands at The       1
                                                        biotechnology centers and related             Navy Yard
engineering sciences knowledge base and                 organizations in all 50 U.S. states and
grow new economic activity for the city and                                                           The Navy Yard Receives
                                                        33 other nations.                             KIZ
the region,” said Peter S. Longstreth, PIDC
President. “In particular, this new activity will       BIO members are involved in the               KIZ Wins Naid Award         2
be generated by combining the Navy’s vast               research and development of health-           PSU Expands to The
physical and intellectual assets, Penn State’s          care, agricultural, industrial and            Navy Yard
globally recognized, but new to Philadelphia,           environmental biotechnology products.         Acoustech Corporation
expertise in materials science and engineering                                                        Announces SBIR Award
research, technology licensing, and                     To capitalize on this opportunity, PIDC
commercialization, and The Navy Yard’s well-            joined forces with Navy Yard tenant           Around The Navy Yard        3
positioned and dynamic real estate assets.”             AppTec Laboratory Services and
                                                                                                      Tenant List                 4
                                                        developers Liberty Property Trust and
 KIZ Wins National Award from NAID
                        Fresh on the heels of its state designation,The Navy Yard KIZ was in May awarded the
                        2005 Community Innovation Award from the National Association for Installation
                        Developers (NAID), a national community of economic development entities, private
                        sector companies and organizations, and local, state, and federal governments.
                        The Community Innovation Award recognizes a significant project that has been launched
                        representing a new approach for dealing with an issue common to other communities with
                        active or closed military bases.The Navy Yard KIZ is advancing the Navy’s existing world-
                        class, on-site research and development activities through newly formalized partnerships
                        with academic and private research partners that aim for the commercialization of
         technologies in the power and energy, advanced materials, and communications sectors.

         For almost 25 years, NAID/ADC has been the single source for any organization involved in the
         economic development, conversion, and reuse of military real estate. Members promote development for
         both active and closed military base communities. Melding the rich, diverse experience and resources of
         its members, NAID/ADC connects the public and private sector and the Department of Defense,
         creating a powerful force for economic development.

                   Penn State Expands to The Navy Yard
Penn State Great Valley is about to become a key player        The Navy Yard KIZ will be led by a partnership between
in one of the hottest growing technology/life-sciences         Penn State and its Applied Research Laboratory, the U.S.
zones in the Philadelphia region.This September,               Navy's Ship Systems Engineering Station, Ben Franklin
Great Valley Engineering, which provides technical             Technology Partners of Southeastern Pennsylvania, the
graduate degree and certificate programs to working            Philadelphia Department of Commerce and the
professionals across the region, will begin offering           Philadelphia Industrial Development Corporation.
courses in systems engineering at The Navy Yard.               For more information on Penn State's Navy Yard
                                                               courses, go to or
Penn State Great Valley's initiative to offer courses at
                                                               contact David Jwanier at
The Navy Yard comes on the heels of the state of
Pennsylvania approving plans to create a Keystone
Innovation Zone (KIZ) there for the pursuit of
economic development, work-force training and job
creation related to the engineering and life sciences.

  Acoustech Corporation Announces SBIR Award
          Acoustech Corporation recently announced that it won a Phase I SBIR Award from the Department
          of Homeland Security in support of the company’s work on the development of a cost-effective
          surveillance system to detect/track terrorist attacks that are staged underwater. This award is the first
          SBIR to be received by a company in the Navy Yard’s Keystone Innovation Zone (KIZ).

          Acoustech’s primary business is the development of high-precision sensors that measure both the
          acoustic pressure and particle velocity at a single point in space. Acoustech was formed in 1996 by
          Dr. James A. McConnell during his tenure as a graduate student in the Acoustics Program at the
          Pennsylvania State University. In September 2004, Acoustech relocated from State College to
          Philadelphia, and is now headquartered in office and laboratory space in the Commandant’s Building
          at The Navy Yard. Congratulations to Jim McConnell and his team!
                                 Around The Navy Yard

   BROAD STREET RUN                                               Kvaerner announces milestone deal
   May 1, 2005                                                    April 14, 2005
   The Navy Yard was once again home to the                       Former President Bill Clinton was on hand at the
   finish line for the nearly 14,000 runners                      Kvaerner Shipyard to announce Kvaerner’s
   competing in the 26th annual Broad Street Run,                 milestone contract with Overseas Shipholding
   the 10-mile run down Broad Street. This is the                 Group Inc., the largest shipping company in
   fourth consecutive year the race ended here,                   America, to build 10 double-hulled tanker ships
   culminating with a family day on the                           for petroleum transport representing nearly
   Historic Marine Parade Grounds.                                $1 billion in investment.

Cruise business booms in                                                              BARTHCO Receives Historic
Philadelphia                                                                          Preservation Award
A record number of people who want                                                    May 5, 2005
a relaxing vacation without boarding         New Office Building                      The Preservation Alliance for
another packed airplane will head            Taking Shape                             Greater Philadelphia honored
south this year - to South Philadelphia                                               Barthco International, along with its
and the city’s thriving cruise terminal at   One Crescent Drive, a 77,000             design and construction team and
The Navy Yard. More than 92,000              square feet Class A office               PIDC, with the 2005 Preservation
travelers—50 percent more than last          building developed by Liberty            Achievement Award for the
year—are expected to board ships at          Property Trust and Synterra              restoration and rehabilitation of
the Cruise Terminal at Pier 1 this year.     Partners, is on track for                Building 26, 5101 South Broad
Norwegian Cruise Line, Celebrity             completion this fall. Tenants            Street. The building, constructed in
Cruise Lines and Royal Caribbean             are already lining up, with              1909, was restored by Barthco in
International will base ships here for       Aphton Corporation, a                    2004 and now serves as its world
the season. Ships operated by three          biopharmaceutical company,               headquarters. This award marks
other cruise lines are scheduled to          set to relocate its world                the second Preservation Alliance
make port calls at the terminal during       headquarters to the building             award for The Navy Yard, with
the season.                                  upon completion.                         Building 10, the future home of
Visit                                                            Urban Outfitters, winning the award
                                                                                      in 2004.
The Navy Yard Businesses
                                          Cushman and Wakefield of PA, Inc.         NDI Engineering Company
                                          Del-San Environmental, Inc.               Newark Special Technology, Inc.
                                          DiNic’s Oven Roasted Beef & Pork          Norfolk & Southern Corporation
                                          EDO Corporation                           Northrop Grumman Systems Corp.
                                          EG & G                                    P&A Associates
                                          Excel Welding                             Pennsylvania Horticultural Society
                                          Geo-Centers, Inc.                         Philadelphia Industrial Development Corp.
                                          George G. Sharpe, Inc.                    Philadelphia Shipyard Development Corp.
                                          George Young Company                      Philadelphia Workforce Development Corp.
                                          Gibbs & Cox                               Pinkerton's, Inc.
                                          Hargrove, Inc.                            Port of Philadelphia & Camden
                                          Int'l. Institute of Forensic Science      Potomac Navy Yard, LLC
                                          Jamie Record Company                      Prime Plate Enterprises, Inc.
                                          John J. McMullen Associates, Inc.         Printcrafters, Inc.
Acoustech Corporation                     Johnson Machinery Company, Inc.           Quaker Electrical & Mechanical Contractors, Inc.
Alstom, USA, Inc.                         Kvaerner Philadelphia Shipyard, Inc.      Rhoads Industries
AMSEC LLC                                 Landmar Enterprises, Inc.                 River Associates
Anteon Corporation                        Life Cycle Engineering                    Rotem Company
AppTec Laboratory Services                Living Naturally, LLC                     Sautter's Café
Barthco International, Inc.               McAllister Towing of Philadelphia, Inc.   Stonehenge Advisors, Inc.
Basic Commerce & Industries, Inc.         Menasha Packaging Company, LLC            Thackray Crane Rental, Inc.
Canadian Pacific Railway                  MetroKids Publications                    U.S. Dept. of Agriculture
Changing World Technologies               Metro Machine of Pennsylvania, Inc.       U.S. Navy
Chapel of the Four Chaplains              Moran Towing of Pennsylvania, Inc.        VITETTA
Cinergy Solutions of Philadelphia, LLC    Mothers Work, Inc.                        WHYY, Inc.
Collegiate Consortium for Workforce and   Nason Construction, Inc.                  Wilmington Steel Processing Co.
Economic Development                      NAVMAR Applied Sciences Corp.

                                                                                               215-THE-YARD •