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McGovern
Spring 2003 Newsletter
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Mr.
McGovern is the Chairman and CEO of McGovern
Capital LLC, which provides Intellectual
Property Rights Strategy, and originates, structures and implements capital
formation, joint ventures and business alliances. McGovern Capital
invests early stage capital and/or provides facilitative (legal, accounting,
tax, securities, etc.) services to its investment companies, which are
primarily companies commercializing proprietary technologies. Please review
McGovern Capital's Investment Criteria before submitting a business plan summary to plans@mcgoverncapital.com. In his
business activities, Mr. McGovern has helped lead many of his partners and
clients to the forefront of their respective industries. He served on the Board of Directors
(Executive, Governance and Audit Committees) of The Sports Authority, which
is the largest sporting goods retailer in the world and Nobel Education/NYSE
(Compensation and Governance Committees).
He is a founder/key shareholder in over twenty companies, six of which
are the worldwide/category leaders in their respective industry’s product
categories. He was one of the three
founders of SouthBeach Beverages,
producers of SoBe products, which were the fastest growing “new age” beverage
in the United States and the leader in the neutraceuticals industry. SoBe was sold to PepsiCo in 2001 for
$370mm. Currently,
Mr. McGovern serves as the Chairman of The Water Initiative, LLC (“TWI”),
which creates global point-of-use purification systems to safeguard the “last
mile of water”. TWI is dedicated to
building trusted solutions to satisfy the world’s thirst for clean drinking
water through local (BoP) partnerships.
It has facilities and offices in New York, Boston/Cambridge, Mexico
(multiple locations), and Singapore. McGovern was
one of three owners of the largest manufacturer and worldwide seller of
carbon filters for water and air purification, KX Industries LP (KXI). KXI created and supplied the initial “end of
tap” filters for both P&G/PUR
and Clorox/Brita. In 1996 KXI invented and supplied the first refrigerator water filters to
Electrolux/Frigidaire. KXI was
successfully sold to Marmon in 2007 in a private transaction. McGovern coordinates the world-wide licensing program for Tristrata Inc., a company owned by the two inventors and holders of the worldwide patents for Alpha Hydroxy Acids (AHAs) for use in skin care. AHAs, the leading technology in skincare, are incorporated in approximately 40% of all skincare products worldwide. The licensing program standardized and implemented by McGovern Capital has resulted in over 50 licenses including such companies as L’Oreal, Estee Lauder, Chanel, Avon, Pond’s, Beiersdorf, Johnson & Johnson, and Neoteric. Through its subsidiary, NeoStrata, skincare products are sold in over 80 countries and it is the leader in sales to dermatologists and plastic surgeons. McGovern has
been a principal negotiator/participant to over 40 strategic alliances,
approximately 40% of which have been foreign joint ventures. Mr. McGovern is
the principal of McGovern & Associates which specializes in corporate law and
intellectual property strategy with an emphasis on emerging businesses,
mergers and acquisitions, securities, patent enforcement, corporate and
partnership joint ventures, capital formation and R&D financing. McGovern Capital serves as the strategist for Clean Coal Technologies, Inc. (ticker: CCTC). Working with SAIC and Benham Engineering, CCTI has developed proprietary technologies to eliminate the “volatiles” from coal such as sulfur, mercury, nitric oxide, methane and benzene. Its patented technologies cost far less than coal scrubbing and also remove contaminants that coal scrubbing does not address: CCTI is initially targeting China (multiple JV agreements have been completed) and India as coal-dependent markets that will benefit from its approach. McGovern Capital will utilize its intellectual property expertise to help CCTI develop strategies to protect its proprietary technologies. Mr. McGovern is also co-Chairman of Angstrom Publishing LLC. Angstrom and Forbes have co-published since 2002 a monthly newsletter on Nanotechnology for worldwide distribution, entitled The Forbes/Wolfe Nanotech Report, which has changed to The Forbes/Wolfe Emerging Tech Report. The Forbes/Wolfe Nanotech Report was the first publication targeting the business of nanotechnology, the precision creation and manipulation of atomic scale matter. Mr. McGovern is a part owner and IP Strategist for Aquea Scientific, winner of Health & Beauty America (HBA) Cosmetic & Toiletries Magazine Best New Technology Award 2006. Aquea's Aqueous Delivery System (ADS) delivers ingredients utilizing nanotechnology that were once thought impossible to combine with wash-ons such as soap, cleansers, and shampoos without compromising efficacy. The company's flagship product, Aquea SPFTM affords soap manufacturers and brand marketers the ability to enhance their wash-on products with UVA and UVB protection. Mr. McGovern is Chairman of Aquea's Technology Board of Advisors. McGovern Capital is part owner of Optigenex, a skin care products and dietary supplements company that develops products designed to improve immune function, increase DNA repair and decrease DNA damage. As individuals age, our bodies and DNA interact with environmental matter that can damage our DNA. Optigenex’s focus on DNA involves repairing and protecting the genetic code as a means of controlling how we look and how we feel as we age chronologically. McGovern Capital acts as the Company's intellectual property strategist, as Optigenex works to ensure that “growing older does not have to mean feeling older.” In the networking and security solutions space, McGovern Capital is a part owner of Perimeter Internetworking , a managed service provider (MSP) that hosts networking and security solutions for mid-sized enterprises with high data availability requirements. Perimeter's bundled service offering includes wide area network connectivity and management, high-speed Internet access, and 24/7 managed firewall, e-mail, VPN, calendaring and voice-over IP. McGovern Capital also has ownership interests in Data Tech LLC and Court Tech LLC, which provide a wide selection of business solutions to the legal community. McGovern Capital's affiliate, Asia Holdings LLC is a principal in various businesses in Asia including certain teakwood plantations in Cambodia and Thailand. Mr. McGovern has been a participant and head negotiator in many equity financings and ventures which have raised substantial sums in committed fundings and/or royalties with such companies as Exxon, Pfizer, 3M, Lever Brothers, Colgate-Palmolive, The NutraSweet Company, Squibb, BASF, National Patent, The Drackett Company, Advanced Polymer Systems, Johnson & Johnson, Avon, Beiersdorf, L'Oreal, Chanel and such venture capital firms as Prudential, First Chicago, Alan Patricof Associates, Warburg Pincus, Medtech and Oxford Partners. He has been engaged by entrepreneurs and other law firms to help develop and commercialize proprietary concepts and to structure and negotiate venture and acquisition-related transactions. A graduate of Cornell University, Mr. McGovern is currently (since 2002) a member of the Board of Trustees (Co-Chairman of Technology/IP Committee) and is also a member of the Board of Directors of the Cornell Research Foundation. He was appointed to the Joint Advisory Board of the Cornell Hotel School joint venture (CNI) recently established in Singapore. Mr. McGovern was announced the Cornell “Entrepreneur of the Year” for 2006/2007. Mr. McGovern has been appointed to serve on the Executive Council for the Cornell Center for Sustainable Global Enterprise at the Cornell Johnson Business School. McGovern also teaches a course at the Johnson Graduate School of Business at Cornell, entitled Global Innovation and Commercialization. Mr. McGovern has a law degree from St. John's University School of Law and studied at the London School of Economics and Political Science. He is a member of the Connecticut (formerly on the Executive Committee on Corporations), New York and Pennsylvania Bars. He has spoken around the world at various venture, business, and educational meetings regarding capital formation, patent enforcement and maximization of intellectual property value, business alliances, and ventures. (See Speaking Engagements) Mr. McGovern is a Fellow of the Foresight Institute which focuses its efforts upon nanotechnology, the coming ability to build materials and products with atomic precision, and upon systems that will enhance knowledge exchange and critical discussion, thus improving public and private policy decisions. Mr. McGovern is also the Co-Chairman of the Silver Shield Foundation, which provides college scholarships to the children of police and firefighters killed in the line of duty in New York, Connecticut and New Jersey. Mr. McGovern's Contact Information:
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Copyright
1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006 Kevin M. McGovern
Designed and maintained by David R.
Westra Esq.