COMPILED FROM STAFF AND WIRE REPORTSTuesday, October 16, 2007

HEALTH CARE

Solis Women's Health secures funding, credit

Austin-based Solis Women's Health raised $10 million in equity investment and secured a $12 million credit package.

The company, which provides integrated care for breast cancer patients, said it would use the money to finalize two acquisitions and to open a facility in Arlington.

Investors in the equity round include existing investors Marwit Capital Partners II and Capital Resource Partners V. The credit package was provided by GE Healthcare Finance.

The company operates six facilities in North Texas and one in Greensboro, N.C., and is developing others across the country. It was founded in 1986 and was purchased by California-based Marwit in 2005. CEO Brad Hummel is the former top executive of Austin-based HealthTronics Inc.

TECHNOLOGY

Deloitte's Fast 50 list includes 14 Austin companies

Fourteen Austin companies made Deloitte's 2007 Texas Technology Fast 50 list, which ranks companies based on five-year revenue growth.

No. 1 was MessageOne Inc., which provides technology to protect e-mail and other critical systems during outages and other interruptions. Its revenue grew 10,827 percent in five years.

The other local companies are: No. 5 Zilliant Inc., up 5,901 percent; No. 9 Troux Technologies, up 4,162 percent; No. 18 NetQos Inc., up 876 percent; No. 21 Perficient Inc., up 617 percent; No. 24 Medical Present Value Inc., up 562 percent; No. 29 SolarWinds, up 434 percent; No. 39 Traq Wireless (now Tangoe Inc.), up 310 percent; No. 40 Luminex Corp., up 307 percent; No. 43 QuickArrow Inc., up 260 percent; No. 44 Valence Technology Inc., up 253 percent; No. 47 ArthroCare Corp., up 196 percent; No. 49 Builder Homesite Inc., up 168 percent; and No. 50 Silicon Laboratories Inc., up 155 percent.

LAWSUIT SETTLEMENT

Rules-Based Medicine to pay Luminex $12.5 million

Austin-based Luminex Corp. settled its lawsuit with Rules-Based Medicine Inc. over violating a licensing agreement. Rules-Based Medicine agreed to pay Luminex $12.5 million to resolve the suit, buy out Luminex's ownership interest and pay for additional licenses.

Rules-Based Medicine uses technology developed by Luminex for its systems that can quickly test a tiny amount of human fluid for multiple biomarkers. It was spun off from Luminex in 2002. On Monday, RBM said it had received $25 million in venture backing. Half of the money will go to Luminex. RBM will use the rest for development and growth initiatives.

COPYRIGHT CASE

Artist sues Whole Foods over use of 365 brand

An artist who created the label for Whole Foods' 365 Everyday Value private label product line has sued the company, alleging copyright infringement.

Nancy Frame, who lives in North Carolina, said she never transferred her rights to the artwork to anyone else but that Whole Foods Market Inc. has been using it on a wider range of products without her consent. She also said Whole Foods hired another firm to adapt the label for a line of organic products.

The lawsuit was filed in New York but was transferred to Texas this month. Whole Foods declined to comment.