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UMI3-Innovation-Booklet

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2 We were able to demonstrate the concept of 100% functionality a fraction of the development cost and fivefold performance increase. Transitive Corporation 66 UNIVERSITY SPIN-OUT The research developed over time with teams of successive research students and tutor groups "trying to see what could be built". From mid-1996 onward, discussions with personal contacts in industry began 2 . An evaluation contract followed with a hardware manufacturer and discussions began with the University's technology commercialisation arm (Vuman – one of the forerunners of UMI 3 ) on key applications which would take the technology to market.

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