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Why Texas is #1 in Business: Local BioTech Company Expands
Date:9/5/2012

ember 20th.

"DiFUSION Technologies is a role model for post-incubation recruitment in my opinion," claims Russ Peterman, the Director of TLCC and Chairman of the recently formed Texas Bio Corridor Alliance.  As Peterman sees it, the company was past early stage development when he recruited them from Austin, but their potential was unlimited.  "We did what we could to facilitate, but in the end it was their innovative technology, targeted collaborations, and the determination of their CEO that has led to their success.  I believe his military experience and focused approach with investors was the deciding factor in making this company roll."

The TLCC is a non-profit organization, based in Georgetown, Texas that has been focused on enabling the development of potential biotechnology advancements to the point of successful commercialization since 2007.  The Texas Bio Corridor has a similar focus, but acts as a collective group of innovative life science companies that are located all along the Interstate 35 stretch from Dallas/Fort Worth all the way to San Antonio. 

According to Mark Thomas of GEDCO, "DiFUSION Technologies is a valued addition to the Texas Life Sciences Collaboration Center. Recently the Georgetown Economic Development Corporation and Georgetown City Council unanimously voted to grant $92,000 to DiFUSION, so that they could purchase an ICP Spectromenter which will allow the company to expand and add jobs. The City of Georgetown Economic Development Department is working hard to create biotechnology jobs in Georgetown to diversify the economy, and this grant to DiFUSION is an important part of that initiative."

DiFUSION's founder and CEO, Derrick Johns offers sincere thanks to Russ Peterman and Mel Penland from TLCC as well as Mark Thomas of GEDCO, claiming that DiFUSION's "success is largely based on the TLCC facility, our newly expanded lab space, and the capital equipment grant from th
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SOURCE DiFUSION Technologies, Inc.
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