echologics llc is a toronto-based engineering company that specializes in non-invasive acoustic detection of underground leaks and pipe condition assessment .

it has conducted and completed projects in north america , europe , australia , south africa , and singapore that have mitigated the loss of millions of gallons of drinking water via leaking infrastructure .

echologics and mueller systems are both part of mueller water products ' mueller technologies reporting segment .

echologics

the relationship between lvvwd and echologics began shortly after the creation of echologics in 2003 .
new orleans selects echologics engineering inc . for pipe assessment project – mueller water products
echologics has applied acoustic technology in over 400 municipal and industrial projects around the world .
as part of a multi - year asset management program , echologics has inspected more than 60 miles of large diameter transmission mains for a city in ontario , canada . echologics '
echologics is a manufacturing , service and marketing company dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to the communities . echologics is a leader in the development of water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . echologics , llc is an affiliate of echologics engineering which was founded in 2003 and is based in toronto . for more information about echologics , visit urltoken .
echologics is a manufacturing , service and marketing company dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to the communities . echologics is a leader in the development of water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . echologics , llc is an affiliate of echologics engineering which was founded in 2003 and is based in toronto . for more information about echologics , visit urltoken .
great keynote by @ ebmud today at the @ muellerwaterpro # leakdetection seminar . @ echologics urltoken
sales and support of all echologics products and services for eastern canada and the ne usa .
echologics has a long history of developing award - winning acoustic technologies for leak detection on buried water pipelines .
an echologics condition assessment team traveled to fort wainwright and tested more than two miles of pipe in segments .
echologics engineering inc . is a manufacturing , service and marketing company dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to the communities . echologics is a leader in the development of water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . founded in 2003 , echologics is based in toronto and employs approximately 20 people . for more information about echologics , visit urltoken .
how we use personal information the information collected by and through this site may be used by echologics , its divisions , subsidiaries , and affiliates , or other entities that are involved in the operation of this site for echologics ' purposes . echologics may use the information collected and provided , individually or in an aggregate form , in order to :
acoustic technology new orleans leak detection pipe - condition assessment echologics sensors pure technologies us , inc . flow control / monitoring hurricane
today , echologics and lvvwd continue to work together to make sure that las vegas’ water system functions as efficiently as possible .
echologics has a long history of developing award winning acoustic technologies for leak detection and condition assessment of distribution and transmission mains .
echologics is a global leader in water asset management , providing expert leak detection and condition assessment technologies for utilities and municipalities .
we have implemented these practices for echologics ' website ( urltoken ) and dependent pages ( the
site
) . we have instructed our website administrator to include information regarding these privacy practices anywhere on the echologics site where personal information is collected .
echologics pioneered the development of a proprietary , acoustic - based system that non - invasively pinpoints leaks on large - diameter transmission mains . echologics ' solution can detect and locate leaks without disrupting water service and is not limited by pipe material or size .
“this was the first time that we had used echologics , and it was definitely a very worthwhile experience working with them , ” he says . “as i get my condition assessment program going , echologics is at the top of my list to use . ”
echologics , an affiliate of mueller co . , is a leader in the development of water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . echologics is dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to the communities . echologics was founded in 2003 and is based in toronto . for more information , visit urltoken .
echologics is globally recognized as a leader in non - invasive leak detection technology . echologics’ flagship leakfinder - st correlator is a result of extensive research as well as the input from global leak detection experts on the user interface and design of equipment to meet the needs of end user .
the swbno prioritizes the areas it wants echologics to analyze , but also gives the contractor freedom to proactively analyze other areas identified by the board as high - risk . in the first two weeks of the contract , the echologics crew identified leaks totaling 358 , 000 gallons per day .
echologics , a provider of acoustic - based technologies for water loss management , leak detection and pipe condition assessment , signed a three - year master services agreement with united water . the agreement enables any operating division of united water to readily use echologics leak detection and condition assessment services .
your privacy is important to echologics , llc . this privacy policy discloses echologics ' practices with respect to ( i ) the personal information we gather in connection with your request for information regarding our products and services , ( ii ) echologics public website , including the type of information that we gather , ( iii ) the way we use information internally ; and ( iv ) our policy regarding sharing your personal information with others .
echologics field engineers can capture additional information for utility gis while performing leak detection in the field – such as chamber inspections and visual image capture .
@ echologics ’ german - language website is now live ! check us out and sign up to our mailing list to stay connected today . @ echologics deutschsprachige webseite ist jetzt live ! besuche uns und melde dich in unserer mailingliste an , um noch heute mit uns verbunden zu sein . urltoken
echologics have the expertise , tools and experience required to assist water utilities in the implementation of a water audit following current industry best practices developed by the awwa and iwa . several members of the echologics team serve on industry committees of awwa and iwa to help advance and promote water auditing procedures .
istc has partnered with american water and echologics to validate the efficacy of an advanced leak detection technology based on acoustic monitoring within the metropolitan chicago area .
echologics , an affiliate of mueller co . , develops water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . echologics is dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to their communities . for more information , visit urltoken .
available for both distribution and transmission watermains , echologics provides leak detection on a continuous basis to maximize the economic benefit of active leakage and pressure control programs .
active leakage control is at the core of echologics field services , providing the leak detection program for leak detection on large diameter watermains and distribution system surveys .
mueller has put echologics’ technology into its broader deployments “at full force , ” jim fisher , echologics’ manager of non - revenue water , told me . those include smart meter ( ami ) deployments for municipal utilities across the country , as well as software to manage the data that flows in from these devices .
a unique benefit of the epulse technology is that echologics’ field engineers can simultaneously detect and pinpoint leaks . echologics is a globally recognized leader in leak detection and has surveyed thousands of miles of water mains , successfully locating leaks on mains of all sizes . this increases program value by avoiding the need for separate inspections .
nason was intrigued by the possibility of using epulse technology . he met with echologics engineers and spoke with employees of the anchorage water & wastewater utility , which had successfully deployed echologics technologies on pipe condition assessment projects in the past . nason subsequently suggested using epulse technology to the army , and the project was approved .
for utilities with aging pipeline infrastructure challenges , echologics ' condition assessment approach is ideal to quickly understand the status of buried assets and optimize rehabilitation and replacement programs .
echologics , an affiliate of mueller co . , is a developer of water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . echologics is dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to their communities . for more information , visit urltoken .
echologics , an affiliate of mueller co . , is a developer of water infrastructure diagnostic technologies for water loss management , leak detection and pipe condition assessment . echologics is dedicated to helping water utilities reduce water loss with subsequent benefits in monetary , environmental and health costs to their communities . for more information , visit urltoken .
“ontario congratulates echologics for establishing a research and training facility in walkerton , ontario , ” said reza moridi , ontario’s minister of research and innovation . “ontario’s water sector continues to be a priority for the province , and by establishing this site , echologics demonstrates that it shares our commitment to protecting the water supply for generations . ”
echologics sends out newsletters in order to share our knowledge and our work . you can subscribe to our electronic newsletters to learn more about our projects and technology applications .
easy to deploy and maintain , echoshore from echologics offers municipalities permanent monitoring of critical assets , water quality and many other benefits , all in an industry leading system .
the project comes to las vegas via the nevada’s water center of excellence , which partnered with the lvvwd and echologics , a subsidiary of mueller co . ’s water products division . the project has also led echologics to expand its operations to southern nevada . the water center of excellence is now working with echologics to help the company expand operations in southern nevada . the establishment of an office in clark county furthers economic development in the region and adds to the growing cluster of technology companies operating in the region .
the sewerage and water board of new orleans ( swbno ) selected echologics following a competitive bid process for the one - year contract , which is renewable for a second year . echologics is a subsidiary of mueller water products , inc . ( nyse : mwa ) , a leading manufacturer and marketer of products and services that are used in the transmission and distribution of safe , clean drinking water and in water treatment facilities . echologics leverages the strength of the mueller brand in delivering intelligent solutions for water infrastructure .
during an inspection , field crews typically use a van , pick - up truck or car with echologics magnetic signage used to identify the vehicle . some utilities choose to have a crew accompany the echologics field team but this is not typically required . epulse inspections have virtually no impact on local traffic , businesses or the daily activities of residents .
echologics , an affiliate of mueller co . , is a leading developer and provider of acoustic - based technologies for water loss management , leak detection and pipe condition assessment .
echologics employs about 100 people worldwide and bracken says they have a long - term plan to have a permanent presence in walkerton , which includes full - time employment opportunities .
whether you are searching for an advanced iot enabled leak detection system or a sophisticated , yet simple - to - use correlator , echologics’ proprietary acoustic technologies put proven leak detection tools in your hands . water experts from around the world are choosing echologics leak detection equipment because of its ability to detect leaks accurately and efficiently on all pipe types including pvc .
for utilities with aging pipeline infrastructure challenges , echologics ' condition assessment technology is ideal to quickly understand the structural strength of buried assets and optimize rehabilitation and replacement programs . the epulse
active leakage control is defined as proactively maintaining a leak locating and mitigation program to identify previously unreported leakage . leak detection is at the origin of echologics which first developed the leakfinder
the forward - thinking decision of the city of tampa water department to leverage echologics ' transmission main leak detection service will help it to efficiently improve conservation as well as its sustainability as a relied upon water service provider ,
said marc bracken , vice president and general manager of echologics .
by partnering with echologics , the department will not only be able to pinpoint costly leaks in its system that are responsible for losing treated water , they will be able to do so without interrupting service or disturbing surrounding infrastructure .
“applying noninvasive , non - disruptive echologics condition assessment technology is a similar approach for water utilities , ” says echologics’ kevin laven . “start by evaluating a pipeline using simple ‘desktop’ methods , deploy noninvasive condition assessment technologies to reveal potential trouble spots , then move to more costly and invasive methods to confirm the pipe condition and decide what to do about it . ”
echologics has a long history of developing award winning acoustic technologies for leak detection on buried water pipelines . echologics worked with the national research council of canada to develop a correlator that can find leaks accurately on plastic pipe materials . since developing our first technology , our flagship product line called the leakfinder ™ correlator has been proven to work on virtually any pipe material and has won numerous head - to - head challenges vs competing products . echologics’ r & d team works closely with utility technicians and echologics ' field team to design and develop products that are easy to use . we also offer leak detection training so that a utility can quickly learn how to use the technology and be in the field searching for leaks .
ontario congratulates echologics for establishing a research and training facility in walkerton , ontario ,
said reza moridi , ontario ' s minister of research and innovation .
ontario ' s water sector continues to be a priority for the province , and by establishing this site , echologics demonstrates that it shares our commitment to protecting the water supply for generations .
one company , echologics engineering , specializes in the deployment of acoustic - based leak detection equipment , including correlators and listening devices , which locate leaks without breaking ground . over a ten year period , echologics says it can reduce the carbon footprint of water leakage worldwide by as much as 2 . 04 megatons co2eq ( assuming certain flow rates and number of leaks ) .
echologics ' core technology uses a proprietary acoustic - based leak detection system to assess the structural condition of selected water pipes , which is especially helpful as north america confronts the challenges of repairing or replacing its aging water infrastructure . the technology was developed jointly with the national research council of canada . echologics will help new orleans prioritize water pipes that require rehabilitation or replacement .
as a leading provider of acoustic - based technologies for water loss management , leak detection and pipe condition assessment , echologics is dedicated to helping water utilities reduce water loss . . . .
from left , echologics senior field specialist frank hobbs ; sewerage and water board of new orleans chief of networks rudy august ; and board senior engineer steve bass . ( photography by sean gardner )
the company had impressed members of the board during a four - day pilot program in which echologics technicians located water main leaks that totaled 75 , 000 to 100 , 000 gallons per day .
echologics provides high - quality and actionable information about buried water pipeline infrastructure , helping to optimize capital investments and rehabilitation programs . by understanding the actual condition of buried infrastructure , water providers can :
toronto - based echologics has officially opened its innovation site , a replication of a municipal water system featuring over 2 , 000 ft of underground water pipe adjacent to the walkerton clean water centre .
do you know where your water is going ? watch as echologics demonstrates its completely non - invasive and acoustic - based leak detection and pipe condition assessment technology for d . c . water .
third party sites our website may contain links to other third - party sites . when you click on one of these links you are visiting a website operated by someone other than echologics , and the operator of that website may have a different privacy policy . echologics is not responsible for their individual privacy practices . we encourage you to investigate the privacy policies of these third - party operators .
leak noise correlation system utilizing an advanced noise processing algorithm to optimize leak detection on non - metallic and large diameter watermains . echologics offers utilities with leading - edge leak detection equipment , including the echoshore
echologics uses a proprietary acoustic - ‐based leak detection and monitoring system that analyzes sound properties within water transmission mains . its system will alert a water utility of the presence and location of a leak .
the water utility initially purchased echologics’ acoustic correlator , which helped it locate leaks in various types of pipes . a few years later , echologics introduced epulse® condition assessment , an acoustic technology that determines a pipe’s average minimum remaining wall thickness and alerts users to leaks that exist in the tested length of pipe . lvvwd was quick to put the epulse condition assessment technology to use on the las vegas strip .
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imagine being notified immediately about a problem main . the echoshore system from echologics will call , text or email you promptly after detecting a leak . 24 / 7 monitoring and notification is desig . . .
the pilot study conducted with echologics focused on 32 cast iron pipeline segments at varying lengths , with an average of 200 ft each , all of which were already scheduled for replacement based on previous decay model predictions . echologics was tasked with providing the remaining wall thickness using its acoustic - based technology , while the wssc would be interpreting the pipe’s remaining life . at the request of the wssc , echologics also custom - engineered a scoring system that relates the pipe’s current progress from new pipe condition ( 1 . 0 ) to reaching its failure thickness ( 5 . 0 ) to conform to wssc’s scoring system for all assets .
additional topics include acoustic leak detection , where echologics and severn trent water will highlight the successes of several counties in england using the leakfinderst™ correlator and how it has helped the counties improve the efficiency and accuracy of identifying leaks across all piping materials including plastic . co - developed by echologics and severn trent water with the help of loughborough university , leakfinderst is a commercial noise correlator that saves time and energy when detecting leaks .
up to 15 % of canada’s water supply is lost due to aging infrastructure . mississauga - based , @ echologics is working with local cities to identify water loss and prevent it . # leadingcleantech # innovation # cleantech urltoken
echologics core business has been built on technology aimed at reducing water losses – specifically real losses . we have now added services specifically aimed at helping you build and justify a business case for long term nrw reduction programs .
echologics and severn trent water were recent recipients of the most innovative new technology of the year award and the overall outstanding innovation 2014 award at the water industry achievement awards hosted by wet news and water & wastewater treatment .
today’s announcement that echologics is partnering with the water center of excellence and the las vegas valley water district to increase the water efficiency of the las vegas strip is an exciting step forward for nevada’s efforts to lead in water innovation and solutions ,
said steve hill , director of the governor’s office of economic development .
echologics is a cutting - ‐edge company that will be a significant addition to what nevada brings to global water technology .
echologics , a developer and leading provider of acoustic - based technologies for water loss management , leak detection and pipe condition assessment , secured a three - year master services agreement with united water . the agreement enables any operating division of united water to readily utilize echologics leak detection and condition assessment services . united water is one of the nation ? s leading water and wastewater utilities , supplying services to approximately 7 million people in the continental united states .
the publication of the m77 manual and the standardization of best practices sends a strong signal to the industry that advanced condition assessment and leak detection technologies have officially “arrived”—but this achievement didn’t happen overnight , according to echologics ceo marc bracken .
founded in 2003 as a result of joint research with the national research council of canada , echologics pioneered the development of advanced acoustic technologies , products and services that enable non - invasive diagnostics of water utility pipeline infrastructure , including leak detection , pipe condition assessment and water loss management . echologics has enabled municipalities , water utilities and industrial businesses across north america , europe , middle east , asia and australia to boost water infrastructure efficiency , reduce costs and prioritize capital spending .
in collaboration with simpson–gumpertz & heger ( sgh ) , echologics is performing acoustic testing and risk analysis on several miles of a critical 60 - inch pccp transmission main in new jersey . echologics will identify any leaks along the main , and evaluate the pipe wall stiffness along the main . sgh will perform a structural evaluation of each pipe diameter and class , provide a comparison of echologics stiffness results , and make recommendations to identify locations where any additional inspections should be focused . during the second phase , pipe sections with distress will undergo further external inspection to evaluate the condition of the pipe and the aggressiveness of the environment , evaluate the results of non - destructive testing , and confirm the actual pipe design properties .
the company has recently completed projects in multiple municipalities in north america , europe , south africa , singapore , and australia . it just deployed its technology in new orleans , where the echologics uncovered leaks that were causing losses of up to 100 , 000 gallons of water per day . echologics did the same for united water in new jersey , where its technology detected leaks of 10 , 000 gallons a day at a pipeline — all without having to break ground or impact service .
the research and development center , which is located in walkerton , ontario , canada , will allow echologics’ engineers to test new solutions , showcase capabilities for visiting water utilities and other customers , and provide operators with hands - on training experiences .
echologics has deployed its system with multiple utilities , including a two - year project to help the hard - pressed sewerage & water board of new orleans detect leaks and assess the condition of water mains . on the drier side , it’s working with the las vegas valley water department on a one - year contract that could grow to five years , based on a 2011 pilot that showed echologics could monitor the cement - and - mortar pipes that run under the las vegas strip .
all told , the echologics team assessed the condition of 12 , 403 ft of 6 - to 12 - in . pipe , most of which was pit - cast or spin - cast iron , as well as one segment of steel pipe .
the research and development center , which is located in walkerton , ontario , canada , will allow echologics ' engineers to test new solutions , showcase capabilities for visiting water utilities and other customers , and provide operators with hands - on training experiences .
an affiliate of mueller co . , echologics is a leading developer and provider of smart water technologies , including acoustic - based technologies for leak detection , pipe condition assessment and water loss management , which allow water utilities to intelligently manage their assets .
an affiliate of mueller co . , echologics is a leading developer and provider of smart water technologies , including acoustic - based technologies for leak detection , pipe condition assessment and water loss management , which allow water utilities to intelligently manage their assets .
atlanta , oct 11 , 2011 ( globenewswire via comtex ) — echologics , a developer and leading provider of acoustic - based technologies for water loss management , leak detection , and pipe condition assessment , secured a 3 - year master services agreement with united water . the agreement enables any operating division of united water to readily utilize echologics leak detection and condition assessment services . united water is one of the nation’s leading water and wastewater utilities , supplying services to approximately seven million people in the continental united states .
atlanta , sept . 18 , 2015 ( globe newswire ) - - echologics has opened a new innovation site dedicated to testing “smart” solutions for leak detection and pipe condition assessment , representing a significant commitment to addressing the growing challenge of aging water main infrastructure .
water isn ' t just water . it is dwindling and wasting . but how can you save it if you can ' t find it ? the city of new orleans is making the smart move® by using echologics ' acoustic technology for lea . . .
this requires both an economic evaluation of the programs , establishing the economic leakage levels ( ell ) , and setting both your short - term ell and long - term ell targets . echologics has several ell models to establish the best programs for reducing real losses .
echologics is an affiliate of mueller co . and part of the mueller water products , inc . ( nyse : mwa ) group of companies . singapore pub is the national water agency responsible for the collection , production , distribution and reclamation of water in singapore .
atlanta , oct . 11 , 2011 ( globe newswire ) - - echologics , a developer and leading provider of acoustic - based technologies for water loss management , leak detection , and pipe condition assessment , secured a 3 - year master services agreement with united water . the agreement enables any operating division of united water to readily utilize echologics leak detection and condition assessment services . united water is one of the nation ' s leading water and wastewater utilities , supplying services to approximately seven million people in the continental united states .
in 2011 the wssc was introduced to acoustic - based technologies from echologics that could non - invasively detect leaks and inspect pipe conditions . a non - intrusive , non - disruptive technology , echologics’ epulse® assesses water mains through the use of acoustic sensors . it collects data that , when averaged , indicates minimum wall thickness of pipe segments and checks for leaks throughout the water distribution system . to determine the viability of the condition assessment technology , the wssc decided to launch a pilot study of pipe sections it had already earmarked for replacement .
currently new jersey american water employs acoustic - based testing for its cast iron pipes , and recently performed a first pilot of transite ( asbestos cement , or ac ) pipe testing in its coastal north section district . similar to the cast iron validation testing , coupons will be taken to verify echologics results . the technology has performed well with ac pipelines in other cities , according to john marciszewski , director of business development for echologics , and its results have matched up with the results of phenolphthalein dye tests that reveal remaining structural thickness .
typically , long - term strategies are established for a period between 3 to 10 years . echologics can tailor the development of long - term nrw reduction strategies to meet your financial and technical needs , and provide you with the required business case to justify the programs .
atlanta , sept . 18 , 2015 ( globe newswire ) - - echologics has opened a new innovation site dedicated to testing
smart
solutions for leak detection and pipe condition assessment , representing a significant commitment to addressing the growing challenge of aging water main infrastructure .
an additional offering from echologics in the identification and quantification of leakage is district metered area ( dma ) . a dma is a segregated zone of a distribution network where all water supplied is measured through a single or multiple feeds , and where the flow rate is monitored and recorded during the minimum night flow period to assess the level of potential leakage within the zone . the presence and magnitude of leakage can be measured , resulting savings , and following leak repairs , confirmed . echologics offers both temporary and permanent dma design and implementation services .
siww is open for business . want to learn more about acoustic leak detection , flow control , pipeline condition assessment , pressure management ? come and visit the team on stand l1 - p10 @ mueller @ pratt @ singer @ echologics # siww2018 @ wcs _ 2018 # wcssg2018 urltoken
atlanta , april 18 , 2012 ( globe newswire ) - - echologics , a division of mueller co . and a developer and leading provider of acoustic - based technologies for water loss management , leak detection , and pipe condition assessment , has secured a service agreement with the city of tampa water department . according to the agreement , echologics will provide the department , which treats and delivers drinking water throughout the tampa bay area , with transmission main leak detection for approximately 7 . 5 miles of pipe in its water system that is comprised primarily of cast iron .
echologics is a business affiliate of mueller water products ( nyse : mwa ) , a leading manufacturer and marketer of products used for the management of water networks . founded in 1857 with annual sales exceeding $ 1 billion , mueller water products offers a broad range and service portfolio that includes engineered valves , fire hydrants , and the broadest product line of residential water and gas metering products and systems . backed by nearly 5 , 000 mueller employees , echologics is capable of providing leak detection , pipe condition assessment , and water loss management products and services anywhere in the world .
echologics issues regular newsletters to inform and educate or partners and utilities about how our acoustic technology is being applied around the world to help solve issues associated with aging pipeline . this section allows you to read the current as well as previous issues and sign - up to receive future newsletters .
for a full analysis of existing pipeline condition , echologics also offers a hydraulic condition assessment utilizing flow and pressure testing to establish the hydraulic condition of watermains . the information provided can be utilized to prioritize the type and level of watermain rehabilitation work required and maximize the use of capital improvement budgets .
atlanta , may 8 , 2014 ( globe newswire ) - - echologics , a provider of pipe condition assessment and leak detection solutions , has been awarded a 12 - month contract with the singapore public utilities board (
singapore pub
) to survey 100km of critical transmission mains for leaks .
during a pilot project , echologics located water main leaks that were causing between 75 , 000 and 100 , 000 gallons per day ( 300 , 000 - 400 , 000 liters per day ) of water loss . this water loss is equivalent to filling one olympic swimming pool every six days .
“the m77 pipeline condition assessment manual is a landmark achievement for helping utilities seeking to learn about condition assessment and leak detection , ” says marc bracken , vice president & general manager for mueller water products and founder of echologics , the leading brand of pipeline condition assessment and leak detection products and technologies .
prioritizing water main renewal and replacement plans and allocating capital renewal budgets are of primary concern with many water utility managers . desktop pipeline condition assessment models often lack calibration and high end pipeline assessment technologies are expensive and invasive . echologics helps bridge the gap between desktop studies and invasive pipe integrity testing providing epulse
the new solution uses echologics sensors and sound technology from mueller water products and marries them to at & t’s lte wireless network . the sensor nets detect water pressure , temperature , leaks and then ibm’s water management center aggregates the data and combines it all to generate a comprehensive view of the system’s performance .
this method provides a single average remaining structural thickness for each segment of main tested . because asbestos cement degrades uniformly along its length , and is not generally subjected to pitting or sectionalized corrosion like metallic pipes , this allows echologics to calculate an accurate average of the structural integrity for a given tested section .
“when municipalities have data that supports their asset management plans and optimizes maintenance schedules , they can identify priorities and prevent catastrophes , ” says marc bracken , echologics’ vice president and general manager . “with this flexible site , we can push or advance our existing technologies further and test and demonstrate our new ideas . ”
“the awwa m77 condition assessment of water mains manual is a landmark achievement for helping utilities seeking to learn about condition assessment and leak detection , ” says marc bracken , vice president & general manager for mueller water products and founder of echologics , the leading brand of pipeline condition assessment and leak detection products and technologies .
“i have to commend the american water works association , because they have a very well - defined process and standard of practice for producing and publishing these industry manuals , ” says dave johnston , echologics director technical services , also one of the co - authors of the m77 chapters on condition assessment and leak detection .
because so much water is constantly moving through the system , it is imperative that the utility’s pipe remains in working order . to that end , lvvwd has been proactive in researching , trialing and implementing advanced technology , including several solutions from echologics , to help the utility learn as much as possible about its pipes .
through mueller co . , echologics has acess to the technology to investigate and monitor your system for pressure fluctuations , surges and transients to design and implement an advanced pressure management program that provide immediate benefits in reducing the occurrence of watermain breaks savings costs related to reactive leak repairs and by extending the life of your infrastructure .
atlanta , may 2 , 2014 ( globe newswire ) - - innovation in technology to improve water infrastructure is the subject of a one - day event hosted by echologics and severn trent water . the event will take place on thursday , may 8 , 2014 , at the severn trent centre in coventry , united kingdom .
“this r & d center will help us rapidly advance new technologies and demonstrate solutions that give our customers access to the data they need to make educated and cost - effective decisions about their water networks , including asset management plans and infrastructure replacement investments , ” said marc bracken , vice president and general manager of echologics .
“united water recognizes the value of accurate and non - invasive leak detection , ” said marc bracken , vice president and general manager for echologics . “because our leak detection and pipe condition assessment processes do not interrupt service or require excavation , united water should realize operational benefits and improved overall efficiency in its water systems . ”
echologics team members are friendly , energetic , hard - working – and always looking for new ways to help our clients . our scientists , engineers and technicians work closely with partners and clients to develop next - generation technologies and innovative solutions that help utilities and operators to extend the life of their pipelines and reduce water loss .
this r & d center will help us rapidly advance new technologies and demonstrate solutions that give our customers access to the data they need to make educated and cost - effective decisions about their water networks , including asset management plans and infrastructure replacement investments ,
said marc bracken , vice president and general manager of echologics .
once the acoustic data is captured , echologics’ engineers use patented algorithms to convert the data into a measure of the average minimum remaining wall thickness of the inspected pipe segment . for metallic and asbestos cement pipe , the calculated wall thickness measurement is compared to the original thickness of the pipe to determine the average percentage of wall loss .
echologics engineering is one of the many revolutionary upstarts who are finding that greening the “white space” in markets is not only socially responsible , it’s smart business . with continued investment and innovation , the private sector will continue to unlock the tremendous potential inherent in reducing our carbon emissions , making our society more efficient and growing our economy .
united water recognizes the value of accurate and non - invasive leak detection ,
said marc bracken , vice president and general manager for echologics .
because our leak detection and pipe condition assessment processes do not interrupt service or require excavation , united water should realize operational benefits and improved overall efficiency in its water systems .
the new orleans contract provides three echologics engineers which are available 24 hours a day . when a leak is suspected , the operators place two acoustic sensors on both ends of the suspected location . typically , the sensors are placed 300 to 1 , 500 feet apart on distribution mains , and 2 , 400 feet apart on transmission mains .
the echologics report revealed that much of the pipe tested in newark was found to have too much structural degradation to be suitable for non - structural lining . this was not what coleman hoped would be found , but he said he was glad to know for certain what was going on in the city’s pipes rather than relying on guesswork .
the site will also serve as a training and certification facility for engineers and field staff from echologics and other mueller water products’ affiliates , as well as business partners and utilities . the site is designed to enable field teams and operators to gain considerable experience with field assets , leak detection scenarios and pipeline condition assessment technologies under controlled conditions .
atlanta , feb 1 , 2011 ( globenewswire via comtex ) - - the city of new orleans has selected echologics engineering inc . , a leader in water infrastructure diagnostic technologies , to oversee its water loss management and water pipe integrity assessment initiative . this initiative includes leak detection , pipe condition assessment , and water meter calibration and maintenance .
in late 2010 , the board issued a new tender for a one - year pipe condition assessment contract , renewable for a second year . it selected echologics engineering , a subsidiary of mueller water products . the company’s core technology is a proprietary acoustic - based leak detection system used to pinpoint leaks and assess the structural integrity of selected waterlines .
“we initially developed the product to sense the subtle sounds associated with leaks in plastic pipes , something that had evaded other technologies , ” says marc bracken , vice president and general manager of echologics . “the level of processing of the data we collect is also very sophisticated , so we can also detect leaks under backpressure from surrounding groundwater . ”
the site will also serve as a training and certification facility for engineers and field staff from echologics and other mueller water products ' affiliates , as well as business partners and utilities . the site is designed to enable field teams and operators to gain considerable experience with field assets , leak detection scenarios and pipeline condition assessment technologies under controlled conditions .
when determining which pipe condition assessment technology to use , stakeholders need to consider a number of factors , including cost , convenience and accuracy . in clarksville , tenn . , a combination of all these factors led officials to choose epulse® acoustic pipe assessment technology by echologics over more expensive , more invasive alternatives when they encountered corrosion in a troublesome pipeline .
to inspect several miles of a large diameter transmission main network ranging in size from 18 to 72 - inches in diameter . the echologics technology has proven its ease of use and accuracy by locating leaks that competing technologies could not . in only 30 days , the water company found numerous leaks totaling over 5 . 5ml / day of lost water .
consulting engineers retained by the edina engineering department used echologics epulse® condition assessment technology to determine the structural integrity of edina’s 8 - inch and 10 - inch ductile iron or cast - iron water mains . nondestructive and nonintrusive , the acoustic - based epulse technology enables utilities to assess the condition of water mains without taking mission - critical pipelines out of service .
in fact , the echologics analysis revealed some information about some of newark’s pipes that surprised even coleman . “in one neighborhood , we inspected two streets that we thought were built in one direction , but it appears that they were built in the other direction , with two different batches of pipe , ” he said . “on wilson road , over 60 % of the wall thickness had been lost ; the first pipe segment on sypherd drive was also about 60 % . but then the next two pipe segments in sypherd were had no measurable loss , so they must have changed from an unlined pipe to a lined pipe mid - block , and we were able to capture that with the echologics report . ”
nason went back to the drawing board to concoct a new way to address the problem . at a recent conference of the alaska water wastewater management association , he attended a presentation given by echologics , which demonstrated its epulse® technology . epulse condition assessment is a noninvasive acoustic technique that assesses pipe condition , detects leaks and estimates the pipe’s remaining service life .
undetected leaks such as the one that was non - invasively located by echologics are a significant challenge facing water utilities . while the obvious symptoms of leaks include visible puddles , overall pressure drops , main breaks and what might appear to be sudden rises in water usage or flow rates , the average transmission main leak goes undetected for more than 20 years .
“what attracted me was that it was going to tell us the limits of our corrosion—it would get me locked down to a footage , and the cost to do the testing was a budget that we could afford , ” goodwin said . “all the other technologies were in excess of hundreds of thousands of dollars . so we worked up a contract with echologics . ”
new jersey american water periodically verifies its acoustic testing results by also sending out metallurgical samples for testing . during the pilot project in 2014 , the utility had wanted to verify that the areas epulse identified as structurally deficient were indeed such . the physical pipe samples proved to align with the data collected by echologics , and the utility continues to find similar results today .
burns & mcdonnell recommended echologics’ epulse condition assessment technology , a non - invasive solution that determines a pipe’s condition and detects system leaks using acoustic sound waves induced in the pipeline . it uses information about the pipe material , when the pipe was installed , the diameter of the pipe and the original wall thickness to help determine the condition of the pipe—poor , moderate or good .
the agreement between united water and echologics is the result of a successful transmission main leak detection pilot project , completed in fall 2010 . the pilot included testing of approximately 5 miles of water mains , including large diameter reinforced concrete pipe , pre - stressed cylinder concrete and cast - iron pipe for united water new jersey ( uwnj ) , a subsidiary of united water . during the survey , echologics non - invasively located a major leak on a river crossing , which was discovered on a 42 - inch cip water main , with an estimated loss of 100 , 000 gallons per day , and was isolated without breaking ground or disrupting service . as a result of the survey , uwnj was able to quickly repair the leak , avoiding potential catastrophic failure .
highly trained and certified echologics field engineers provide the service using an advanced acoustic leak correlator to survey the transmission main for leaks . the technology uses advanced signal processing and acoustic sensor design that can locate “quiet leaks” and filter out background noise commonly experienced on large diameter pipeline assets . these unique features enable the technology to be extremely accurate and locate leaks that other correlators cannot locate .
the agreement between united water and echologics is the result of a successful transmission main leak detection pilot project , completed in the fall of 2010 . the pilot included testing of approximately five miles of water mains , including large diameter reinforced concrete pipe , pre - stressed cylinder concrete , and cast - iron pipe for united water new jersey ( uwnj ) , a subsidiary of united water . during the survey , echologics non - invasively located a major leak on a river crossing , which was discovered on a 42″ inch cip water main , with an estimated loss of 100 , 000 gallons per day , and was isolated without breaking ground or disrupting service . as a result of the survey , uwnj was able to quickly repair the leak , avoiding potential catastrophic failure .
however , lining is not always the best solution for certain pipeline problems , so it is crucial for municipalities to learn as much as they can about the condition of their pipes before embarking on a rehabilitation program . echologics’ epulse® acoustic condition assessment technology is one tool that can be used to determine the proper course of action , as officials in newark , del . , can attest .
the agreement between united water and echologics is the result of a successful transmission main leak detection pilot project , completed in the fall of 2010 . the pilot included testing of approximately five miles of water mains , including large diameter reinforced concrete pipe , pre - stressed cylinder concrete , and cast - iron pipe for united water new jersey ( uwnj ) , a subsidiary of united water . during the survey , echologics non - invasively located a major leak on a river crossing , which was discovered on a 42
inch cip water main , with an estimated loss of 100 , 000 gallons per day , and was isolated without breaking ground or disrupting service . as a result of the survey , uwnj was able to quickly repair the leak , avoiding potential catastrophic failure .
what happened is that we removed the accumulated tuberculation that was essentially holding it together and ensuring pipe integrity ,
said engineering manager michael wolan of new jersey american water .
but the real problem was automatically assuming that a rehabilitated pipe was structurally sound . we needed hard data about the true condition of our pipes — and that ' s when we began investigating new technology solutions from echologics
imagine being notified immediately about a problem main . the echoshore system from echologics will call , text or email you promptly after detecting a leak . 24 / 7 monitoring and notification is designed to cut your response time to help mitigate catastrophic failure . the echoshore™ system is based on proven leakfinderrt™ technology , which has been used by echologics to survey thousands of miles of mains , successfully locating hundreds of leaks . the echoshore™ system leverages components of the next generation leakfinderrt™ creating a network that continuously monitors critical water transmission mains and alerts utilities of leaks before they result in catastrophic main breaks . the echoshore™ system collects data and uploads it to a secure server . the data is then analyzed to determine the location of the leak and an alert is sent to the operator . just like that ! show less


fig is a crowdfunding platform for video games launched in august 2015 .

unlike traditional crowdfunding approaches like kickstarter , where individuals can back a project to receive rewards , fig uses a mixed model that include individual backing and the opportunity for uncredited investors to invest as to obtain a shares of future revenues for successful projects .

fig ( company )

fig is pleased to announce gradtouch , a graduate careers site , has become its newest portfolio company .
we are delighted to announce that glossop - based fig creative are our company of the year for 2015 .
the johnson educator biscuit company of cambridge , holding company of the johnson educator food company , petitioned in federal district curt for a reorganization under section 77b of the bankruptcy act .
newsbrief : the crowdfunding company fig has announced a new initiative focused on offering additional support to games successfully funded on the platform .
fig newtons were first produced in 1891 by the national biscuit company , now known as nabisco . they have a long and interesting history .
[ wise potato chip company : berwick pa ] 1962 ( p . 32 )
as company of the year , fig creative have pledged to support the charity in all sorts of ways , from baking to gardening to creative support .
, bill casselman [ macarthur company : toronto on ] 1998 ( p . 271 )
the developers on fig ' s board are going all - in ; the next big title from each studio will be crowdfunded on fig .
, mildred grosberg bellin [ tudor publishing company : new york ] 1958 ( p . 268 )
“now that the sec has qualified fig publishing , inc . ’s offering statement , fans who registered their investment interest will be able to buy their fig game shares , ” the press release sates . “this qualification paves the way for fig to create and register new fig game shares for its other games . ”
we are thrilled that you stopped by for a visit ! our goal at fig & company is to offer a unique and memorable shopping experience to our most important asset : the customer . we offer many one - of - a - kind items that separate us from the retail status quo . the environment at fig & company is positive and inspirational -
a chart submitted by fig to the sec and dated march 10 , 2016 .
that’s why fig has promised to provide that money itself , if need be .
i have visited the fig many times and usually come out with several purchases .
fig brings together exciting early - stage companies and investors with relevant industry experience .
[ note : this company still in business : http : / / www . wickedwhoopies . com ]
, grosbt gaige [ doubleday , doran & company : new york ] 1039 ( p . 116 )
the news came in the form of a blog post from the company ' s coo , justin bailey .
, irma s . rombauer [ bobbs - merrill company : indianapolis in ] 1946 ( p . 595 )
the investment will enable fig to accelerate the number of game projects on its platforms .
now , as the company treads water well beyond the period of time they originally expected to have to wait for sec approval , fig itself has brought on additional investment from famed developer cliff bleszinski .
although nabisco ( formerly the national biscuit company ) was not the first and / or only company to manufacture graham crackers , it is often credited with introducing them to the american public for mass - production . the national biscuit company was formed at the very end of the 19th century . this passage is from a corporate biography :
, mrs . s . t . rorer [ arnold and company : philadelphia ] 1886 ( p . 498 )
, janet mckenzie hill [ little , brown , and company : boston ma ] 1917 ( p . 67 )
above : wasteland iii : garden of the gods is one of fig ' s projects .
in honor or ruth wakefield ( much to the dismay of the fig newton faction ) .
fig card was founded in early 2010 by hasty granbery and max metral , who will be joining the paypal team . on the company’s web site , it admits that the obvious challenge for the company is its small size , but that it was moving forward with trials among a handful of merchants in boston’s south end .
fig’s chief executive officer justin bailey broke the news yesterday that his fledgling company will require an amendment be filed with the federal government’s securities and exchange commission ( sec ) before it can collect outstanding unaccredited investments .
since the sec review of fig ' s filing will take time , the company will be accepting non - binding reservations from fans looking to invest , and has set aside $ 1 million worth of shares .
jay and silent bob : chronic blunt punch has been successfully funded , fig has announced today .
a liability is defined as a company ' s legal financial debts or obligations that arise during the course of business operations .
, mrs . s . t . rorer [ arnold and company : philadelphia ] 1886 ( p . 496 - 7 )
, irma s . rombauer & marion rombauer becker [ bobbs - merrill company : indianapolis ] 1953 ( p . 681 )
i love , love love going to fig and company to shop and always bring friends and family who are visiting . the only problem is that i find too many cute things and am running out of room and wall space
on the paypal blog today , the company announced that paypal has acquired fig card , which has developed a way for merchants to accept mobile payments by using a low - cost usb device that plugs into the cash register or point - of - sale terminal . customers will have to install the fig app on their smartphones .
through the fig finishing fund , the company has set aside $ 500 , 000 to help developers cover the costs of localization , marketing , final polishing efforts , and the potential costs of launching on a platform like steam direct .
there seems to be some confusion as to which the year fig newtons were created . the company that manufactures these cookies ( nabisco ) and the town of newton state the year is 1891 . most food history sources say 1892 .
crossroads derbyshire are now inviting companies to be our company of the year 2016 . for more information contact vicky on 01457 899438 .
, ruth wakefield [ little , brown and company : boston ] new edition completely revised , february 1955 ( p . 208 )
bailey said that the company had to slow down its projects in 2016 as it waited for sec approval . but now the company hopes to double or triple the number of projects in 2017 . by 2018 , the goal is to have a crowdfunding happen every week .
schafer says that equity was something he wanted to offer even to his earliest backers on kickstarter , but laws and that company ' s business model prevented him . fig intends to solve that problem , and schafer is excited about its prospects .
reached through his pr company yesterday for comment , fig ceo and co - founder justin bailey would only say that
we ' re waiting to hear back from the sec , and hope to provide an update as early as next week .
“we put a structure together . we are working really closely with a law firm and the sec to figure out how we can open that up to all un - accredited investors as well . and that is not too far off . so that every game that is on fig , anybody can invest in , ” fig ceo justin bailey tells fast company .
we have agreed to fund an amount to psychonauts 2 regardless of collections ,
fig founder and ceo justin bailey told polygon during a telephone interview yesterday . it’s the same promise fig has made to other teams , including the one behind consortium : the tower , which raised nearly $ 350 , 000 via fig in may .
read about jpmorgan chase & company ' s main operating subsidiaries , including its retail and investment banking operations and its global asset management firm .
that , bailey said , brings the total expressed investment interest in fig as a platform to $ 1 million .
an experienced management team and advisory board carefully select companies before taking them to fig ' s network of investors .
, revised and enlarged , second edition ( third printing ) [ mcgraw - hill book company : new york ] 1956 ( p . 220 )
, mrs . frances e . owens , revised and illustrated [ owens publishing company : chicago ] copyright 1884 - 1885 ( p . 265 )
, edited by susie rhodes and grace porter hopkins [ w . b . conkey company : : hammond in ] 1913 ( p . 102 )
fig ' s own revenue model is simple . as bailey explained it to polygon last week , fig will get five percent of all the money raised through the service , and five percent of each game ' s sales in perpetuity .
/ view / news / 272338 / cliff _ bleszinski _ invests _ in _ crowdfunding _ platform _ fig . php
this is a direct answer to one of the criticism of crowdfunding , which is that a game blowing up on kickstarter and the like could result in a developer being acquired , while those who helped get the company noticed don’t benefit in any way financially . although the first few projects on fig will only allow accredited investors to invest , the company is moving to open up investments to the public later this year .
[ note : this book is about the history of the national biscuit company / nabisco - - your librarian can help you find a copy . ]
rolled otats , or oatflakes were developed in america by the quaker oat company in 1877 and are made by steaming and rolling pinhead oatmeal .
over time , fig hopes to enable users to be able to greenlight projects . if 10 , 000 people voted thumbs up or thumbs down on a project , that would likely turn out better than fig choosing the projects , bailey said .
t place . huge shout to lee , his wife , and the whole fig & co . team for creating an environmen
it seems that the cookie itself was first created in 1891 , but not marketed under the name fig newton until 1892 .
, editorial staffs of sunset books and sunset magazine , dorothy kress , editor [ lane book company : menlo park ca ] 1964 ( p . 186 )
the earliest print reference we find for chocolate - covered graham crackers is from 1929 . they were made by the national biscuit company [ aka nabisco ! ]
while the terms of the equity investment will be roughly the same as they were in january , fig itself made a structural change . it’s a subtle shift , but in layman’s terms , instead of all the money going directly to double fine to support psychonauts 2 , investors are actually investing in fig . the money received by fig goes to its general fund , and fig pays double fine based on a milestone schedule — certain developmental goals that are met as the project progresses . the financial return , should there be any , will then be distributed to investors by fig according to the commercial success of psychonauts 2 .
it might be a new approach to crowdfunding , but its one that convinced 5th cell fig was the right platform for anchors .
fig is a venture capital group providing a pragmatic new approach to supporting and investing in high - growth early - stage companies .
bailey said that fig’s lawyers had to create a game project security , something that was new to the industry , dubbed fig game shares . those shares allow players to own a piece of a game project and share in the profits if the project earns any .
he next campaign on video game crowdfunding platform fig will let fans invest in a game and get a cut of any potential profits .
justin bailey , formerly of developer double fine , is launching a new crowdfunding solution for game developers . called fig , the service will offer rewards - based funding alongside equity investment . fig ' s advisory board will include feargus urquhart , brian fargo and tim schafer .
recently , independent developer harmonix , makers of the guitar hero franchise , joined fig . they placed their chief creative officer alex rigopulos on fig ' s advisory board , where he sits alongside feargus urquhart ( obsidian entertainment ) , brian fargo ( inxile entertainment ) and tim schafer ( double fine ) . all four of the advisory board member ' s companies have said they would launch titles through fig .
fig will have advisers to help indie games come to market . and you can get not only backing rewards , but investment royalties .
we built the company from there ,
oka said .
and while we were working on a couple of mobile titles , they won the igf award .
educator brand crackers were produced in boston from 1885 through the 1980s . they were a direct early competitor to the national biscuit company ( aka nabisco ) . through the years , the company has undergone several reoganizations , mergers , and name changes . the registrations for both manufacturers and trademarks have expired . the brand is no longer in production .
fig’s platform was made possible by the jobs act , which made it possible for non - accredited investors ( who don’t meet big net worth requirements ) to invest in crowdfunding projects . the u . s . securities and exchange commission also approved fig game shares in september .
the charity decided to introduce a company of the year scheme to focus our limited resources on supporting one corporate partner each year . for 2015 crossroads has invited fig creative , based in glossop , to partner with them to make the best use of fundraising , volunteering and support . the company will be involved in the charity’s events , press coverage and will feature in our annual report . staff have also agreed to help out with any volunteering opportunities that come up through the year .
bailey also explained that rather than giving developers all of the equity investment funds up front , fig will distribute those funds at certain milestones .
we watched fig’s first campaign , outer wilds , attract over $ 800 , 000 in potential accredited investment ,
said 5th cell ' s ceo and creative director jeremiah slaczka ,
and felt that of all the funding platforms , fig’s was the perfect fit for our new ip .
by the end of the campaign , fig says , they ' d received 20 times more stated investment interest than the developer was prepared to accept .
fig ' s next campaign will start later this month , and be for a new intellectual property from 5th cell , makers of the scribblenauts franchise .
/ view / news / 256947 / scribblenauts _ developer _ turns _ to _ fig _ to _ fund _ new _ freetoplay _ rpg . php
fig promises a new ip from 5th cell , and not one based on previous titles . the campaign is scheduled to open on oct . 21 .
developers keep 100 percent of the rewards proceeds , minus credit card fees , and backers get a copy of the game . fig makes money by taking a small percentage ownership in each project . so fig makes money only if the games that are crowdfunded on its platform also make money , bailey said .
it is said that the cracker was named for our town because we provided the flour used in making the crackers at the national biscuit company plant in portland , oregon . fact or fiction ?
fig , the crowdfunding solution for game developers that allows for reward - based funding alongside equity investment , will partner with harmonix to bring an upcoming title to market . in a press release issued today , fig also said that harmonix ' s chief creative officer , alex rigopulos , will join the advisory board .
fig launched in august of this year promising to blend traditional rewards - based crowdfunding with equity investment . the goal has always been to open those investment opportunities to everyone , not just those with the high net worth needed to become accredited . fig tells polygon that improvement is still on the horizon for now .
[ salt lake city ut ] november 19 , 1890 offers several wafer biscuits made by the massachusetts based kennedy biscuit company . wafer biscuit flavors are : princess , vanilla , lemon , oatmeal , graham , fairy , and sugar . kennedy was soon to be absorbed by the national biscuit company ( aka nbc , nabisco ) . fact this east coast company ' s products were available in american interior west illustrates both national market penetration and brand recognition . our survey of historic newspapers confirm kennedy ' s ads were placed in local newspapers throughout the country by 1900 ( newspaperarchive . com ) .
another nbc [ national biscuit company , later nabisco ] product , the graham cracker , was also popular throughout the country . it had been a favorite since it was created and introduced in the early part of the nineteenth century by dr . sylvester graham , an eccentric but sagacious expert on health foods . . . the graham cracker had been sold by bakeries for decades . the new york biscuit company and its rivals to the west all sold it . however , it remained for the national biscuit company to stabilize its production , package it , and give it national promotion .
the round , which spark capital and greycroft led ( other investors include resolute ventures , nextview ventures , and draft ventures ) , is a validation of the company’s strategy to pioneer a new way of investing in games on a per project basis , turning investors and everyday consumers into game publishers , said fig ceo justin bailey in an interview with gamesbeat .
“fig is singular in video games in that it is the first to allow fan investors to participate in the upside of a video game’s financial performance , ” said spark capital’s nabeel hyatt , who was also the lead investor of oculus vr ( which facebook bought for $ 2 billion ) , in a statement . “investors on fig don’t have to wait for a company to be sold before they can reap returns , an occurrence which occurs rarely , and when it does it usually takes 7 to 10 years . ”
urquhart , fargo and schafer will each be spending time and energy to vet fig projects ahead of time . only then will they be allowed to go live on the service . additionally , all three of their companies — obsidian entertainment , inxile entertainment and double fine productions — will use fig to fund future titles .
© copyright fig 2017 . registered in england and wales . no . 06803069 registered office 82 st john street , london ec1m 4jn . fig is an appointed representative ( no . 562473 ) of new model venture capital . new model venture capital is authorised and regulated by the financial conduct authority – no . 564597 .
in the blog post bailey outlined key changes to how fig will be structured , and in how investment money will be doled out to game projects once collected .
after launching its fig campaign yesterday make sail has raised $ 12 , 990 of its $ 50k goal with 34 days to go before the 2nd november deadline .
second , all games seeking funding through fig will need to keep in mind that its latest sec filing changed the way payouts of game share funds will be made to developers . those funds are now tied to development milestones , and will be held by fig itself , rather than an individual llc tied to each game .
drawn to life , run roo run , and scribblenauts developer 5th cell has turned to fig to find funding for its new title , anchors in the drift .
originally the oyster cracker was square , until dr . e . t . oakes of the nbc [ national biscuit company ] laboratory , conceived the notion of presenting oysterette in a hexagonal shape .
our hope and expectation is that as fig does similar offerings in the future , we anticipate that the review time will be considerably less ,
rosenblum said .
kind of like how it takes $ 10 billion for a pharmaceutical company to develop a new drug , and all the others thereafter are essentially free to produce . of course , it’s not quite the same thing .
/ view / news / 291813 / fig _ kicks _ off _ 500k _ funding _ initiative _ aimed _ at _ latestage _ game _ dev _ woes . php
/ view / news / 282393 / with _ sec _ approval _ anyone _ can _ now _ invest _ in _ psychonauts _ 2s _ fig _ campaign . php
fig newtons were first produced in 1891 , when baker james henry mitchell invented a machine that would allow a cake - like cookie , filled with fig jam , to be made . the machine was actually a funnel within a funnel , so handy and effective that kennedy biscuit works snatched it up and started to produce the famous cookie , which became an immediate success . the name of the cookie originally was
newtons ,
taken from the town of newton , a suburb of boston . . . the kennedy biscuit works later became a part of the national biscuit company [ now nabisco ] . . . . neither the taste , shape , or size of fig newtons has been changed in over one hundred years .
if you’re curious about the process of investing in a fig - backed game , it’s also worth noting that the company seems to have upgraded its investor information pages for individual games . the campaign for the just - launched boat - building sim make sail includes a new investment page that clearly breaks down how the development funds will be allocated and what percentage of revenue will be returned to investors .
rock band 4 won ' t be coming to windows pc , at least at this point , as harmonix ' s crowdfunding campaign on fig failed to meet its goal tonight .
the minimum investment for fig ' s upcoming campaign is $ 1 , 000 , although that baseline will change with each campaign , while the maximum is $ 10 , 000 .
with fig game shares , non - accredited investors are able to participate . fig game shares pay returns based on the sales revenue of a single game , so investors get paid when a game launches , rather than having to wait for an exit if and when that occurs , which is the case with other crowdfunding platforms supporting investments in game studios .
fig currently has two active campaigns , with a third to go live next week . that will mark the first time that the crowdfunding platform has had three projects running concurrently .
for its first campaign , fig took a five percent fee on all the rewards - based money brought in . in addition , mobius digital agreed to give five percent of each game ' s sales to fig in perpetuity . in the future , bailey said , that number could move between 2 . 5 percent on the low end up to five percent .
founded in 2015 , fig has 10 employees . bailey said the funding environment was a little uncertain , but the round only took about 45 days to complete . it was oversubscribed .
but according to a press release from fig sent to gamasutra , the sec has given it the go - ahead to start selling fig game shares for psychonauts 2 . non - accredited investors who had pledged to invest in the game’s development back during the campaign hadn ' t officially bought those shares yet ; they had to wait for sec approval to do so .
the company ' s first campaign , for the award - winning indie space exploration title outer wilds , was successful to the tune of more than $ 125 , 000 — a total that included plenty of traditional rewards - based funding alongside accredited investment . how much investment exactly ? details are on the way fig tells us , but what ' s telling is how much interest there was in the investment option .
outer wilds will be the team ' s first non - mobile game , and their first crowdfunded game . but oka isn ' t intimidated by fig ' s new unproven funding model .
developers are guaranteed at least $ 20 , 000 in additional , fig - provided funding if their crowdfunding campaign is both successful and manages to attract 1 , 000 or more total backers .
our story begins in provence where fig and olive trees are a symbol of peace and prosperity . located between the alps and the mediterranean sea , provence has always been a crossroads of people , cultures and flavors . inspired by such abundance and diversity , we founded fig & olive to pay tribute not only to the french region , but also to the mediterranean gastronomic heritage .
fig . . . a sweet multiseeded fruit of the fig tree or shrub , usually eaten dried . it originated in northern asia minor . the word is from the latin ' ficus . ' figs were introduced into america on the island of hispanola in 1520 by the spaniards . . . most of the fig crop goes into making a sweet filling for fig newtons . . . the cookie was first produced after philadelphian james henry mitchell developed a machine in 1892 to combine a hollow cookie crust with a jam filling . this machine was brought to the kennedy biscuit works , which tried it out in cambridgeport , massachusetts , and the resulting cookie was christened
newton ' s cakes ,
after the nearby boston suburb of newton . . .
correction : fig reached out to polygon to provide additional clarity on the sec process . while accredited investment has been collected along with rewards - based money , the only portion outstanding is unaccredited investment . we ' ve adjusted the article to reflect that . additionally , fig was asked to file an amendment and was not required to re - file its entire proposal with the sec .
michael is president & ceo of pavone marketing group , inc . , the holding company which is comprised of quench , a food and beverage advertising and marketing firm ; varsity , a marketing firm focused on senior living and senior health ; pavone , an advertising and marketing firm he founded 20 + years ago , with expertise in b2c , healthcare , financial and government ; leap , a research and innovation company ; and , most recently , wildfig , a data and analytics firm .
game crowdfunding platform fig has raised $ 7 . 84 million in a funding round led by big name venture capitalists . that shows you have to raise money in order to … raise money .
the first time i heard about justin creating a game based on jay and silent bob , i wanted it to be a fig campaign ,
added fig ceo justin bailey , formerly of double fine .
i mean , kevin smith and jason mewes in a castle crasher style brawler , fighting with fists , feet and insults - what ' s not to like ? !
in 2016 , fig had a 78 percent campaign success rate that was twice the success rate for all campaigns on a leading crowdfunding platform , and nearly five times the success rate for the video games category . fig had eight successful campaigns out of 11 , in terms of hitting funding targets . it raised $ 8 . 9 million for the game companies that launched campaigns , bailey said .
harmonix ' s next game , rock band 4 , is being co - published by mad catz . the peripheral manufacturer , which also owns saitek , has recently told investors that it needs rock band 4 to be a hit in order to ensure the continued financial stability of the company . that statement , which was required by us securities law , concludes that the game ' s october launch could
raise substantial doubt about the company ' s ability to continue as a going concern .
polygon sat down with the entire fig team , as well as oka , to find out more about this new kickstarter competitor , one that ' s been custom - built to fund video games .
fig ' s first campaign , the award - winning outer wilds exploration game , launched on aug . 18 and has currently raised more than $ 101 , 000 on a $ 125 , 000 ask . fig tells polygon that while more than $ 500 , 000 in total investment was offered to them , outer wild ' s developer mobius digital has only accepted $ 75 , 000 so far .
veteran game developer cliff bleszinski has made an undisclosed investment into fledgling crowdfunding platform fig , which differs from kickstarter in that it allows backers to invest directly into games and earn profits from their sale .
we ' re very excited to be partnering with fig , and love that they ' ve created a platform for crowdfunding as well as investment ,
said 5th cell ceo , jeremiah slaczka .
additionally , paypal was just shy of hitting its first billion - dollar quarter , and now represents 39 percent of the company’s overall revenues . to support its goals further , ebay recently acquired where , a location - based mobile services and ad network .
another , standard four - to - eight week sec review timeline therefore suggests that things could be looking up for fig and its potential investors soon . the sec may finally be ready to approve fig ' s equity investment package , and allow the teams already working on these games to finally receive the balance of their money . or it could mean another few months for yet another amended solicitation and review .
fig games share revenue from eventual sales with investors , while the platform itself takes a portion of participating game sales in perpetuity . you can read more about their novel approach to crowdfunding in our report .
the other key to making fig successful is not to flood the market , so to speak , with equity crowdfunding opportunities . part of what makes kickstarter so challenging , bailey said , was the sheer volume of projects going live on the service every day . with fig , there will only ever be one or two campaigns live at any time . it will be up to the advisory board to pick them .
but even if fig and double fine can reach those many hundreds , perhaps thousands of investors who reserved the right to purchase shares in the project , those individuals are under no obligation to actually pay up .
fig hopes this additional financial infusion will help indie games tackle some of the late - stage development hurdles , like distribution and visibility , that it says can stand in the way of a successful game launch .
in 1892 the kennedy biscuit works . . . purchased a machine designed to extrude a thick filling material and enclose it in cookie dough , and decided to produce a cookie filled with fig jam .
. oreo brand cookies were introduced to the american public by the national biscuit company ( now nabisco ) on march 6 , 1912 . it is registration # 0093009 . nabisco is now owned by kraft foods . one month later , the product was launched nationally .
in february 2014 , private equity funds managed by blackstone acquired from deutsche telekom a stake in scout24 , germany’s leading online classifieds company . scout24 operates two leading online classified websites in germany as well other market - leading online businesses in 6 other western european countries .
but the biggest difference is fig will combine rewards - based crowdfunding with equity investing . fans can support outer wilds to get rewards , but accredited investors can get a share of revenue once the game is released . fig ceo justin bailey , who was the coo at double fine , says campaigns eventually will be opened to non - accredited investors , meaning anyone could become an investor in a game and reap the rewards .
brian fargo , who has three successful kickstarter campaigns to his credit ( including the alread - released wasteland 2 ) , sits on fig ' s advisory board . he says the service will be a game changer .
justin [ bailey ] left double fine to startup fig ,
schafer told polygon . his broken age and massive chalice campaigns were both successfully completed on kickstarter .
we ' ve been talking ever since .
brian fargo , whose game torment : tides of numenera was until recently the most - funded game on kickstarter , says the concept for fig grew organically from the community independent developers are creating in the crowdfunding era .
the creators of scribblenauts will be bringing their next title to crowdfunding site fig later this month , a press release states . an investment option is schedule to open today , followed shortly by a traditional crowdfunding campaign .
fig , the crowdfunding platform that allows for equity investment as well as traditional rewards - based backing , has failed to fully fund its second campaign . anchors in the drift , from scribblenauts developer 5th cell , ended up nearly $ 400 , 000 short of its $ 500 , 000 goal today and will need to look elsewhere for funding . justin bailey , fig ' s ceo , tells polygon that no money will change hands .
fig itself has taken on partners to bring its service to life . it received seed funding from spark capital , a venture capital firm that ' s played a key role in funding oculus vr , twitter and slack .
in just a few hours equity crowdfunding platform fig will conclude its fourth successful campaign . consortium : the tower , a science fiction game being funded in part by bioware co - founder greg zeschuk , will bring in somewhere around $ 350 , 000 . but only a portion of that money can be collected , because fig is still working with the united states securities and exchange commission ( sec ) on key parts of its business model .
fig will only feature one or two live projects per month , curated by the advisers . the first game is outer wilds , a sci - fi exploration game made by game designer alex beachum and developer mobius digital .
several things set fig ( named for la ' s hotel figueroa , where many developers stay during the e3 expo ) apart . first and foremost , it ' s focused exclusively on games , so campaigns can be customized to the needs of gaming projects . it ' s highly curated and will include only those games reviewed and accepted by its board of experts . and fig will have just a few campaigns running concurrently at any given time .
likewise , fig ' s founder and ceo justin bailey said that even in the kickstarter campaigns he participated in at double fine , the backers who put the most money forward were generally the least disruptive to the development process .
president of the joseph garneau company , inc . , importers , died yesterday at his home in kingston n . j . , in his sixty - second year . he was engaged in the manufacture of biscuits and crackers . he was the inventor of the saltine cracker .
what fig promises to its participants is that they will always remain in control of their intellectual property . neither the lead investors , the backers or the equity investors will be able to tell them what to do with their game .
and yet more than $ 1 . 8 million dollars remains uncollected from that campaign alone , not to mention the others that followed . consortium is the third successful fig campaign to be unable to collect on all of its money .
more than that , running the platform will allow fig to tweak the look of the campaign page for each individual game , making sure that key elements like screenshots deliver maximum impact when a would - be buyer hits the page .
the reason for perpetuity , fig explained , is so there ' s upside for investors in the case of an acquisition — like what happened when oculus vr was purchased by facebook , cutting many kickstarter backers out of the profit .
so what will be fig ' s financial agreement with , say , harmonix or obsidian ? and under what terms will investors be able to get a piece of those new titles ? bailey wasn ' t able to say yet .
fig , founded by former double fine coo , justin bailey , lets developers raise cash through conventional crowdfunding , but , unlike kickstarter , it also gives users the chance to invest in projects and receive a cut of the sales .
fig lets fans support games through rewards - based campaigns , where you don’t get an ownership stake in exchange for giving money to a game developer . but it also allows fans to invest their own money in a particular game project .
despite that , double fine is opting for a different platform for its third crowdfunding effort , turning to new site fig to raise money for psychonauts 2 . speaking with urltoken last week , double fine founder tim schafer explained the switch .
it seemed like we had hit a ceiling [ on kickstarter ] , a lot of games having trouble getting past a certain mark . with the investment portion of fig , there ' s a chance to go beyond that .
the town of newton celebrated the 100th anniversary of fig newtons april 10th , 1991 :
the 100th anniversary of a cookie may not be considered a milestone for the history books , but residents of newton believe the fig newton ' s first century is something to celebrate . newton is an all - american city , and the fig newton is an all - american cookie ,
said linda plaut , the city ' s director of cultural affairs .
we ' re all proud of that .
. . . the newton , as it was originally called , was created in 1891 at the kennedy biscuit works in cambridgeport , now known as cambridge , said mark gutsche , a nabisco spokesman .
the main reason fig is able to allow for the sale of equity is because of the passage of the jumpstart our business startups act , also known as the jobs act , signed into law by president barack obama in april of 2012 .
some examples of companies that may represent prospective fig clients include insurance companies specializing in personal or commercial insurance products , commercial finance companies that provide financial services to businesses , banks , brokerages , investment dealers , and asset and wealth management companies .
fig burst on to the scene earlier this year with a fairly transparent vision for an open equity crowdfunding model . its first campaign , for a game called outer wilds , was only open to rewards - based backers and a small number of high net - worth , accredited investors . its third campaign , for the much anticipated psychonauts 2 , was the first to live up to fig ' s ultimate promise . everyone , regardless of income or net worth , was able to invest .
fig is using regulation a + of the jobs act , which states that business can raise up to $ 50 million in capital from the general public online , to fund game development in exchange for publishing rights and providing the opportunity to invest .
although fig previously allowed investment from accredited investors , that is , those on a minimum salary of $ 200 , 000 or with a net worth of at least $ 1 million , the new filing means anyone looking to invest can do so .
in 2016 , fig hosted four of the year’s 10 largest crowdfunded games and others including psychonauts 2 , wasteland 3 , jay and silent bob : chronic blunt punch , consortium : the tower , kingdoms and castles , make sail , and trackless .
a light , puffy round cracker made from wheat flour , vegetable shortening , salt , and yeast . it is a traditional eastern cracker used in oyster stews . the trenton cracker was first made in 1848 by adam and john exton , two english immigrants who created the item in the trenton , new jersey , bakery . they called it the
exton oyster and butter cracker and wine scroll biscuit .
within a short time more than thirty competitors were making imitations , including ezekial pullen , owner of the pullen cracker company in trenton . . . this company was later sold and in 1887 became the original trenton cracker .
while it’s taken us several months longer than we anticipated to get you these details , we felt it was time well spent ,
bailey wrote on the official fig blog .
our mission is to build a vibrant , sustainable game ecosystem of fans , investors and developers that will last for years to come . that means we need to make sure the terms we set now with our fig game shares and the [ psychonauts 2 share ] offering provide a solid foundation for the future .
we believe that fans , in addition to having the opportunity to participate in the rewards - only tiers , should also have the opportunity to buy shares and participate in the financial success of a title ,
said fig ceo , justin bailey .
of the two types of funding fig will allow , bailey says the reward - based component is a way of
proving out a market , de - risking investment , getting investors more excited .
if investors see fans supporting a project , they might be more willing to invest more on their side . and if fig ' s plans to allow average folks to invest in a game with the promise of a financial return , that too could increase the amount of funding a development might raise .
toasterettes , fig bars , butter thins , and graham crackers . . 09 / carton or $ 1 . 06 / dozen . these items were being sold in prominent new york city department stores ( macy ' s , bloomingdale ' s )
double fine’s ceo tim schafer will be part of fig , serving as one of the advisers who will help indie developers not only bring their game to market , but navigate the difficult waters of a successful crowdfunding campaign . other advisers include feargus urquhart of obsidian ( their pillars of eternity raised $ 3 . 9 million on kickstarter ) and brian fargo of inxile ( torment and wasteland 2 raised a total of $ 7 . 1 million ) . future games for these companies will seek funding through fig .
as for the possibility that rock band 4 may still be ported to pc someday , harmonix said it
might try again in the future
to make it happen , or
find another path .
the company added that it doesn ' t have the bandwidth to just bring back rock band network without steamworks .
animal crackers are actually a cookie , first produced as christmas tree ornaments in 1902 by the national biscuit company ( now nabisco ) . they are formed in the shapes of various circus animals and packed in a box decorated like a circus train . nabisco currently produces about 7 million animal cracker cookies per day .
townspeople here [ ritzville wa ] even like to say - - apocryphally , alas , according to the nabisco company - - that the ritz cracker was named for ritzville . ( a nabisco spokesman says
ritz
was chosen in the depression because of its
luxurious , hight - class
connotation . )
harmonix did acknowledge that it could have done a better job setting up the fig campaign ' s reward tiers , since
there was not as much community interest in some of them as we had expected , while others were snapped up within minutes .
it probably doesn ' t hurt that fig founder justin bailey was previously double fine ' s coo , and left earlier this year to launch the new site . fig ' s big twist to the crowdfunding formula is that it allows a project ' s supporters to either back the project in the kickstarter - like fashion - - reaping copies of the game or t - shirts and the like as rewards - - or as an investor who would be entitled to a share of the game ' s eventual revenues .
federal judge roy shelbourne ruled today that any manufacturer is free to use the ballard and ballard company patent for oven - ready biscuits . shelbourne also held that the borden company , a rival in the sale of canned biscuits ready to pop into the oven for baking , was innocent of copying the label and package design of the ballard product . ballard and ballard , now owned by pillsbury mills , inc . , minneapolis , had sued the borden company and its west - coast distributer , ready - to - bake foods , inc . alledging infringement of patent and unfair - trade practices in copying its package . kraft foods , inc . , chicago , had intervened on the ballard side as its west - coast distributor . on the patent angle , judge shelbourne held the original patent , issued in 1931 , had expired after seventeen years and a new patent obtained in 1948 did not contain enough additional new ingredients or methods to make it valid . . .
a syndicate of new york and boston bankers has purchased 30 , 000 shares of the new johnson educator biscuit co . . . the johnson educator food co . , to succeed which johnson educator biscuit co . is being organized , was incorporated in 1902 in massachusetts . the company produces about 140 varieties of crackers .
game investing platform fig has had a slightly bumpy ride following the successful funding of psychonauts 2 earlier this year . it’s been awaiting sec approval to collect and distribute the $ 1 , 874 , 500 pledged from selling investment shares in the game during the campaign .
it seemed like we had hit a ceiling [ on kickstarter ] , a lot of games having trouble getting past a certain mark ,
schafer said .
with the investment portion of fig , there ' s a chance to go beyond that .
kevin smith ' s most famous creations , jay and silent bob , are getting their own game . at least they will if developer interabang ( super comboman ) can raise $ 400k on crowdfunding platform fig to finance jay and silent bob : chronic blunt punch .
we do not find evidence that nabisco did business with ritzville . we do , however , find a connection between nabisco and the martin milling company in cheney , wa . unfortunately , without specific reference to supplying flour for ritz crackers . if there ' s any connection between this town and ritz crackers , perhaps this is it :
word mark fig newtons goods and services ic 030 . us 046 . g & s : bakery products - namely , biscuits . first use : 18910000 . first use in commerce : 18910000 mark drawing code ( 5 ) words , letters , and / or numbers in stylized form serial number 71551025 filing date march 2 , 1948 registration number 0588911 registration date april 27 , 1954 owner ( registrant ) national biscuit company corporation new jersey 449 west 14th street new york new york ( last listed owner ) nabisco , inc . corporation by change of name from new jersey 7 campus drive parsippany new jersey 070540311
there are of course , some separate qualifications to note . first , fig doesn’t seem to have confirmed the status for game shares pledged for outer wilds or consortium : the tower . both games had far more revenue promised in game shares than in traditional crowdfunding pledges .
the studio realised early that the campaign was unlikely to reach its goal , so it announced that it had a
radical
plan to save the project . that was later revealed to be a campaign on fig , which allows both investments and standard crowdfunding pledges .
the game raised over $ 435 , 000 of its $ 400 , 000 goal on fig , with the funds planned to be used in developing the first - ever jay and silent bob video game , and themed digital and physical rewards for backers by early 2018 .
[ m . barrows & company : new york ] enjoyed 27 printings december 1930 - - september 1952 . our earliest copy ( 6th printing 1937 ) does not offer a recipe for any cookies made with chocolate chips . massachusetts area newspapers c . 1939 confirm
toll house cookies
were sold in bakery departments of local grocery stores .
national biscuit company ' s ( now nabisco ) classic animal crackers were introduced to the american public in 1902 . according to nabisco sources , the first animal crackers were marketed as a seasonal item . the brighly - colored box ( not the cookies ) was promoted as a christmas tree ornament , thus explaining the string attached to the top .
vicky burnage , business & operations officer for crossroads derbyshire said : “we’re so excited to launch this new fundraising initiative with fig creative . they have been able to offer us so much more than just fundraising , and their skills have really benefited our charity in so many ways .
the new crowdfunding site fig , which launched today , is focused on helping indie game developers bring projects to fruition–but it’s offering a lot more to potential investors than just free games and t - shirts . it wants to give you the chance to invest in games directly for royalties .