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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (9554)	11/18/2002 12:47:09 PM
From: H James Morris	Read Replies (1) \| Respond to of 89467

Yeah, I know. Message 18247026 Btw OVP TAKES FLIGHT: OVP Venture Partners has placed dozens of bets on software, Internet, biotechnology and wireless companies in the past 19 years. But the Kirkland venture capital firm has passed over one of the Pacific Northwest's biggest industries: aviation. Not anymore. OVP, Alexander Hutton Venture Partners and Buerk Craig Victor are announcing a $7.8 million investment in Max-Viz Inc. today. The 18-month-old Portland start-up has created an infrared system and cockpit display that allows civilian pilots to navigate through fog, mist, darkness and mental confusion. The device, which costs between $100,000 and $300,000, will be installed in its first Bombardier Challenger jet next month (a plane owned by a Hollywood celebrity). Although the investment marks a change in direction for OVP, managing partner Gerry Langeler said the multibillion-dollar market could not be ignored. "This is a very big opportunity," Langeler said. ". . . We did the math and said, 'This is a bigger market than we usually ever see.' "