IT firm secures $1.68 million contract in Ethiopia: A leading technology company Wavetec Pakistan Limited has secured 1.68 million dollars contract for setting up a country-wide network of real-time LED information displays for Ethiopia Commodity Exchange (ECX). A senior executive of Wavetec said, the contract had been signed by ECX CEO Dr Eleni Gabre-Madhin and Wavetec Director Sales for Africa Ziauddin Siddiqui in Addis Ababa on October 29, to complete the project within six to eight months.

HP Enables Faster Decision Making with Breakthrough Sensing Technology: HP announced new inertial sensing technology that enables the development of digital micro-electro-mechanical systems (MEMS) accelerometers that are up to 1,000 times more sensitive than high-volume products currently available. A MEMS accelerometer is a sensor that can be used to measure vibration, shock or change in velocity. By deploying many of these detectors as part of a complete sensor network, HP will enable real-time data collection, management evaluation and analysis.
The new sensing technology represents a breakthrough in nano sensing research and uses the fluidic MEMS technology co-developed over the past 25 years by HP Labs – the company’s central research arm – and the company’s Imaging and Printing Group.