The first phase of the Technology Enterprise Center, an "incubator" for high-technology businesses at the University of Maryland Baltimore County, has reached tenant capacity with the addition of two new businesses.
Password, a company that Russell Loane and Tim Armstrong formed to develop customized computer software to accompany instructional texts for math and science at the college and primary school levels, opened May 28. In Vitro Alternatives Inc., a company that seeks to develop new clinical tests that will eliminate the need for live animal experimentation, will open tomorrow.
Established by Paul Silber and Charles Ruegg, In Vitro Alternatives is a spinoff of a Texas-based company of the same name. According to UMBC, Mr. Silber, a Baltimore native, wanted to return to the area to be close to the large number of scientific firms and research enterprises in Maryland and to take advantage of the state's proximity to East Coast pharmaceutical companies.