Monday, July 6, 2009
Business
Comment

Firms try to find funding in weak economy

Published 10/28/08

Spearhead Innovations, an Annapolis developer whose handheld device can see through sealed liquid-filled containers, is seeking $3 million.

Nancy Royden — For The Capital At a meeting of the Capital Exchange Group at Loews Annapolis Hotel Thursday, Greg Merril, chief executive officer of InterAction Laboratories, talked to investors about his company’s new virtual gym “Sqweeze” product.
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Bethesda health care software firm b4health wants $1.25 million.

And Beltsville-based InterAction Laboratories, which develops computer interfaces for video games and military training, needs $1 million for bringing a new "virtual gym" product to market.

"It's like the ThighMaster meets the Wii," company Chief Executive Officer Greg Merril said of the firm's new Sqweeze product. "It's interactive with a whole bunch of really fun online games and a...

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