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.......................MORINO INSTITUTE........................
.......................NETPRENEUR NEWS........................

Volume 7, Number 1 - January 3, 2002 - This Week's Contents:

--1. Crash The Boards
--1. Complying With HIPAA Regulations
--2. World Wide Video Tackles Telemedicine
--3. eLearning Partnership For Plateau
--4. Anteon Files For IPO
--5. Streampipe Files Chapter 11
--1. The Year In Venture Capital
--2. Life In The Food Chain
..... Vastera Acquires PRISMA
..... LCC Acquires Transmast Italia
..... Integral Systems Acquires Newpoint
..... OPNET Acquires WDM NetDesign
--1. The States Of Digital Government

I> News About The Program
A new year of Coffee & DoughNets kicks off this month with "The Board
Game: Selecting the Best Advisors and Directors." Today you need all
the help you can get (actually, every day you need all the help you
can get), and having the right people on your board can bring
contacts, advice, opportunities, and more. We'll explore the dynamics
of choosing board members, as well as using and managing a board
effectively, at C&D, Wednesday, January 23, 7:00 AM, at the General
Cinema at Mazza Gallerie on Wisconsin Avenue in DC. As always, it's
free, but you must register online.

Register for C&D:

II> Regional Netpreneurs
(Columbia, MD) HIPAAdocs will begin offering a new interactive
application at its website to generate customized HIPAA compliance
plans for healthcare organizations. Federal regulations enacted not
long ago required healthcare organizations to meet new HIPAA
electronic transaction standards. Now it looks like most organizations
won't make the deadline, but they are making progress, so a new
federal regulation allows an extension for organizations that file a
compliance plan with the Department of Health and Human Services.
Organizations that are not in compliance by the original date or do
not submit a compliance plan may be excluded from the Medicare system.
The free HIPAAdocs service will also file the report electronically
with HHS.
(Culpepper, VA) World Wide Video (WWV) has a new agreement to
integrate its Home MD Systems with software from UK-based Instem
Healthcare. The two companies will use the solution to target digital
video markets in telemedicine in the US and the European Union. Instem
's flagship product is an electronic patient record system that
provides clinical and administrative support for healthcare
environments. WWV offers technology and products for the video
communication market. Its Home MD is a monitoring device designed for
home healthcare that uses telephone lines to transmit audio, video,
and data to attending medical professionals in real-time. ;
(Arlington, VA) Plateau Systems will integrate its Plateau 4 Learning
Management System with Lexington, MA-based Centra's Web-based
collaboration product. Plateau says that the combined solution will
offer an out-of-the-box platform for managing and delivering any type
of learning or knowledge transfer over the Web, from synchronous
classroom instruction to team collaborations. ;
(Fairfax, VA) IT services company Anteon International filed a
registration statement with the Securities and Exchange Commission for
an initial public offering of its common stock. Shortly before filing,
Azimuth changed its name to Anteon International Corporation. The
company provides information technology solutions and engineering
services to governments, serving over 600 US federal clients, as well
as foreign and state governments. The underwriting group will be led
by Goldman, Sachs & Co. and includes Bear, Stearns & Co. Inc., Credit
Suisse First Boston, Lehman Brothers, and Merrill Lynch & Co.
(Alexandria, VA) Potomac Tech Journal reported that Streampipe has
filed for Chapter 11 bankruptcy protection. The company is reportedly
seeking reorganization and plans to continue doing business.
Streampipe provides services for businesses and other organizations to
broadcast their live events over the Internet, including audio, video,
animation, and interactive elements. ;

III> Funding & Finance News
VentureWire is the first group out with its 2001 investment figures,
reports the San Francisco Chronicle, and, well, it coulda' been worse.
Venture investments in startup companies fell by nearly two-thirds in
2001, with VCs spending more time with their portfolio companies
rather than looking for new investments. VentureWire says that venture
disbursements plummeted to $35.3 billion in 2001 from the record $94.3
billion in 2000. The Silver Linings Department points out, however,
that 2001 is still the third-highest year for VC investing on record,
lagging just behind the bubble year of 1999, when $38.9 billion was
spent on startups. In 1998, the fourth-highest year, VCs invested only
$13 billion, according to the report. The average size of venture
investments also declined this year, to $11.8 million from $14.7
million in 2000.

-- Vastera to Acquires PRISMA
(Dulles, VA) Vastera, a provider of global trade management solutions,
announced a definitive agreement to acquire PRISMA Tecnología
Computacional, S.A. de C.V., a provider of trade management software
solutions in Mexico. In its 10 years of business in the Mexican
market, PRISMA has attracted over 150 clients from the automotive,
industrial and high-tech industries. The acquisition helps Vastera
bolster its North American solutions with Mexico-specific
functionality, including support for Maquiladora, PITEX, and fiscal
deposit regimes.

-- LCC Acquires Transmast Italia
(McLean, VA) Wireless communications services provider LCC
International has acquired Transmast Italia S.R.L., a wireless
infrastructure, deployment, civil engineering, and project management
firm located in Milan, Italy. LCC acquired Transmast S.R.L. from its
parent, Transmast Ltd., a provider of antenna masts for base stations
for mobile telecom networks. The two companies have been working
together for approximately a year and have bid together on several

--Integral Systems Acquires Newpoint
(Lanham, MD) Integral Systems, provider of satellite ground systems,
announced that it has signed an agreement to acquire Salem, NH-based
Newpoint Technologies in an all-cash deal. Newpoint offers satellite
and terrestrial network management systems for control of data,
Internet, broadcast, telecom, and hybrid networks. Integral's EPOCH
2000 software product is a commercial, off-the-shelf satellite command
and control software package. The company also provides systems for
satellite payload processing, spacecraft integration, and test,
simulation, and environmental monitoring. Newpoint will continue to
operate independently as a wholly-owned subsidiary of Integral. ;

-- OPNET Acquires WDM NetDesign
(Bethesda, MD) OPNET Technologies, a provider of network management
software, has acquired WDM NetDesign B.V.B.A., a Belgium-based
software company with expertise in optical network design. The new
entity, OPNET Technologies B.V.B.A., is based in Ghent, Belgium, and
will initially focus on development and sales of OPNET's new WDM Guru
product, as well as continued R&D of optical network design algorithms
to be used in OPNET's products.

IV> Resources & Opportunities
(Washington, DC) Illinois and Kansas tied for first place and Maryland
came in fourth in the fourth annual Digital State Survey conducted by
The Progress & Freedom Foundation and the Center for Digital
Government. Results of the 2001 survey are published in a new report,
"The Digital State 2001." They are based on a poll of CIOs in the 50
states that documents the progress made in adopting digital
technologies to improve delivery of services to citizens. The survey
examined digital technologies in eight categories: eCommerce &
Business Regulation, Taxation & Revenue, Social Services, Law
Enforcement & the Courts, Digital Democracy, Management &
Administration, Education and Transportation. Nationwide, the largest
increase in the use of digital technologies was in the Digital
Democracy category, as many states adopted new ways for citizens to
participate in government and elections online. Among other highlights
of the survey: 17 states now have electronic procurement systems, up
from 10 in 2000; 14 states have at least 76% of all forms online; 47
states now allow citizens to file tax returns online; 43 states are
using ATM-style debit cards to disperse at least a portion of social
benefits like food stamps; and 39 states recognize digital signatures,
up from 22 in 2000. ;


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Netpreneur News is copyright 2002, Morino Institute, all rights
reserved. The information contained here has been obtained from
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