CEO Michael Tomsic calls HyperTech "a poster child" for how the Ohio Third Frontier should work. Not only has his company benefited from numerous state and federal grants, but since 2005 has increased employment from two to 25. One of two companies in the world working to commercialize magnesium diboride wires -- a superconducting material that could eliminate the need for high-cost helium baths needed to keep magnetic resonance imagers cool -- HyperTech is collaborating with Siemens, Philips and General Electric, as well as with the Ohio State University Wright Center of Innnovation in Biomedical Imaging and the OSU Center for Superconducting and Magnetic Materials. In anticipation of further growth, the company moved into a 45,000 square foot facility in February 2010.