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$22 million to make 22 projects 'Commercial Ready".



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6 November, 2006

$22 MILLION TO MAKE 22 PROJECTS 'COMMERCIAL READY’

A personal activity meter to manage obesity and diabetes and a system to automatically restrict a vehicle to the speed limit are among 22 projects to share in over $22 million through the latest round of the Australian Government's Commercial Ready program.

Federal Industry Minister Ian Macfarlane today said Commercial Ready has once again attracted high-quality research and development projects that will benefit the country across a range of fields.

MedCare IP Pty Ltd, of Sydney, will receive $249,883 to develop ‘PAM’, a personal activity manager to improve the way obesity and diabetes can be managed.

"Energy is calculated on a second by second basis, and is linked to food consumption and metabolic demand through a web site," Mr Macfarlane said.

"Feedback in real time motivates the user to make the necessary lifestyle choices."

“Obesity in children and adults is a growing, serious concern in Australia and any step that can help to reduce weight and live healthily is welcomed." [Contact: Professor B Celler 0418 228 297]

Automotion Control Systems, of Melbourne, will receive over $1.4 million to develop the Speedshield SSV4 - Active Intelligent Speed Adaption (AISA) system for vehicles.

"AISA is the automatic speed limiting of a vehicle to the actual speed limit," Mr Macfarlane said.

“Speed is one of the main factors in road accidents and a method to restrict vehicles to the actual limit has the potential to significantly reduce road accidents as well as cut fuel consumption."

Speedshield SSV4 aims to be the first commercialised and accepted AISA system on the international market. [Contact: Ms T Hendry 03 8585 9003]

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A full list of the latest innovation grants through the Commercial Ready and COMET programs can be found at www.ausindustry.gov.au.