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.......................NETPRENEUR NEWS........................

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Volume 7, Number 5 - January, 31 2002 - This Week's Contents:

--1. New Netpreneur Support Center
--2. Board Room And Board
--1. Patent Citation Search Utility
--2. Travel Intelligence On The Go
--3. Dedicated Videoconferencing
--4. Round-up: Quick Hits from Vocus, Zope, PocketMed, illumitek,
........NexTone,  D5, and Kesem
--1. Dough Raise Me
.....$31.5 M for 3 local netpreneurs
--2. Life In The Food Chain
.....LCC Acquires Smith Woolley Telecom
.....Corvis Acquires Dorsal Networks
.....TruSecure Acquires Three Pillars
--1. Bond & Pecaro Tracks Tech Transactions
--2. Call For Tech Leader Award Nominations
V> WHO'sWARE about people at NEA, Vastera, NuVizion, and Intelix

I> News About The Program
Ever get confused when using the Netpreneur Exchange site about things
like how to reach what, or using your My Profile functions, or why
something looks a little hinky in your browser? We thought not, but
just in case it ever happens, we've added the Support Center where you
can get answers to just about any question on topics ranging from site
functionality, to profiles, to email lists, and more. Easily find
answers by reviewing the most popular and most recently asked
questions, or through the self-service browse section, or by using the
keyword search. Just click on the Support Center link on the home
page. It creates a pop-up window so you can keep using the Netpreneur
site simultaneously. Special thanks go out to our pals at Cyracle
Technologies, developers of customer support software, who built and
host the Support Center.

The transcript and video from last month's Coffee & DoughNets are now
available. "The Board Game" packs a wealth of practical tips and
information on forming and working with boards of directors and
advisors, mined from the minds of business veterans Bruce Crockett,
former CEO of COMSAT; Raul Fernandez, CEO of Dimension Data North
America; Art Marks, Chairman of the Mid Atlantic Venture Association;
Jonathan Shames, Partner at Ernst & Young; and our own Mario Morino.
(P.S., that story about a presidential candidate falling asleep in a
board's not who you think.)

II> Regional Netpreneurs
(Falls Church, VA) Metrics Group introduced Citation Bridge, a free
Web-based tool that lets visitors search for citations to a certain
patent to see if other companies are building on the technology. Users
can search on a US patent number and Citation Bridge lists all US
patents that reference the initial patent (forward references) and all
patents that the patent references (backward references). Any
reference can become the center of another search by clicking on that
patent's reference number. Citation Bridge sits on top of Metrics'
Citation Indicator Analytics database, which analyzes over 14 million
references on more than 2 million patents. Metrics uses its database
to generate analytical reports that help organizations find licensing
partners, transfer technology, and spot possible infringement. ;
(Silver Spring, MD) IMC WorldCell, a provider of international mobile
voice and data services, and Annapolis-based iJET Travel Intelligence,
a provider of real-time travel intelligence, have partnered to launch
WorldLink, a wireless information and assistance service for
international travelers. WorldLink offers a "traveler safety net,"
including alerts that provide immediate notice of changing conditions
on travel routes, recommendations for minimizing disruptions, and
connection to a travel and assistance center for help with travel
problems, medical referrals, emergency claims assistance, passport
replacement, and legal referrals. iJET continuously monitors over
5,000 sources from around the world, covering issues related to
security, health, entry/exit, transportation, communication, finance,
culture, environment, legal, and language. ;
(Vienna, VA) Global Systems & Strategies and NJ-based Wire One
Technologies have launched "Peer-Vue" a dedicated, managed, IP-based
videoconferencing program. Peer-Vue includes equipment, lines, on-site
installation, training, online operator assistance, help desk, on-site
maintenance, and connectivity time. The company says that being
IP-based, it is more economical than ISDN conferencing, and, since it
is dedicated rather than Internet-based, has greater reliability and
protections than Web-based conferencing. Plans are underway to enhance
the service with more educational content and satellite feeds.

(Lanham, MD) Vocus released version 3.0 of its public relations
automation software. Enhancements include a graphical analytics module
and ROI tools for PR professionals.

(Fredericksburg, VA) Zope Corporation released version 2.5 of its open
source Web application server for building and deploying Web content.
New features include built-in session tracking, encrypted password
support, and performance improvements.

(Charlottesville, VA) PocketMed released version 2.0 of PocketBilling
for the Pocket PC, a software product that allows physicians to
capture billing charges at the point of care while making rounds.

(Herndon, VA) illumitek announced that its D3 platform, an enabling
technology that integrates data mining, analysis, visualization and
Web-based interactivity, will be incorporated into Hewlett-Packard's
OpenView DNA business intelligence solution.

(Rockville, MD) NexTone Communications is partnering with MN-based
Aravox Technologies to build Voice over Internet Protocol (VoIP)
peering solutions to enable interoperation for carriers using
different protocols. ;

(Herndon, VA) Belgium-based D5 Technologies, a custom software
development company that uses offshore development centers in India,
has opened a US operation in Herndon.

(Silver Spring, MD) Kesem Technology, a Web development firm for the
political, non-profit, and trade association markets, has begun
offering website hosting solutions to the general public.

III> Funding & Finance News

$2 million in a Series C round for McLean-base videoNEXT, a provider
of video applications over the Internet. The money comes from New
England Partners Capital and Kirnaf LTD. VideoNEXT solutions include
point-to-point and multipoint video conferencing, video surveillance,
and video archiving and retrieval.

$10 million for Germantown-based Current Communications Group, a
company that is developing solutions for using electric power lines to
deliver high-speed data, voice, video, signaling, and other
communications. The round was led by EnerTech Capital and Liberty
Associated Partners, a founding investor of Current Communications.

$19.5 million in a Series C round for Gaithersburg-based BroadSoft, a
provider of voice applications and servers. This money comes from
current investors Bessemer Venture Partners, Charles River Ventures,
Columbia Capital, and Crescendo Ventures, as well as new investor,
Tekelec, a developer of signaling infrastructure and voice and data
solutions. Including the new round, BroadSoft has received a total of
$47 million in financing since May of 1999.

--LCC Acquires Smith Woolley Telecom
(McLean, VA) LCC International, a provider of wireless voice and data
turn-key technical consulting services has acquired Smith Woolley
Telecom (SWT) a UK-based telecom consultancy that offers search,
acquisition, design, build, management, and maintenance services to
the wireless industry. LCC says that the acquisition positions the
company to provide the UK with integrated network design, deployment
and maintenance services. ;

--Corvis Acquires Dorsal Networks
(Columbia, MD) Corvis Corporation, a provider of optical networking
solutions, announced that it has signed a definitive merger agreement
to acquire Dorsal Networks, also based in Columbia, a provider of
undersea optical network solutions. The stock deal is valued at
approximately $82 million. Corvis says that Dorsal's transoceanic and
regional undersea network solutions complement Corvis' "terrestrial
dense wave-division multiplexing (DWDM) transmission equipment,
optical switching products and its unrepeatered festoon systems."
(Cool. Your editor@ is naming his softball team this year "The
Unrepeatered Festoons.") ;

-- TruSecure Acquires Three Pillars
(Herndon, VA) TruSecure Corporation, a managed security service
provider, announced that it has acquired Three Pillars, Inc., a
Georgia-based provider of systems-based managed security solutions.
Three Pillars' remote management and monitoring services will be
integrated into TruSecure's services offering, and TruSecure also gets
Three Pillars' Security Operations Center (SOC) in Norcross, GA.
Former Three Pillars executives Thomas Joseph, Carl Humes, and Jim
DeBald will join TruSecure as VPs. ;

IV> Resources & Opportunities
(Washington, DC) Consulting firm Bond & Pecaro, publishers of the
annual CyberValuation report, introduced a free interactive database
of technology company transactions and financial valuation tools.
Users can track technology valuation trends with the Bond & Pecaro
Technology Indices, analyze recent technology company transactions,
and create customized financial valuation reports for publicly-held
companies. The tools are found in the "Industry Analysis & Research"
section of the CyberValuation site and have three components: The B&P
Technology Index, Current Market Data and Research, and a Transactions
database. The B&P Technology Index tracks the stock market performance
of 250 technology-related firms, including five sub-indices: ISPs and
Portals, B2C, B2B, Infrastructure, and Telecom. The Current Market
Data & Research section provides financial information and valuation
multiples for public companies. The Transactions database monitors
technology company mergers and acquisitions and IPOs, and includes
details such as acquisition date, purchase price, structure of the
deal, and valuation multiples. or
The Northern Virginia Technolgy Council (NVTC) is seeking nominations
for its 11th annual Earle C. Williams Leadership in Technology Award
to be presented at NVTC's spring banquet in April. The award
recognizes "a person who has made significant contributions to the
growth and prosperity of the Northern Virginia technology business
community." Past winners include Alan Merten of George Mason
University, Mike Daniels of SAIC, and Esther Smith of The Poretz
Group. Nominations are due Friday, March 15. An online form is
available at

V> Who'sware

(Baltimore, MD) Venture capital firm New Enterprise Associates (NEA)
announced the promotion of two partners: Eugene Trainor III, formerly
Director of Operations, becomes COO and Administrative General
Partner; and Ryan Drant was promoted to Partner from his previous
position as Principal.

(Dulles, VA) At Vastera, a provider of solutions for global trade
management, President Mark Ferrer adds the title CEO.

(Chantilly, VA) NuVizion, an Internet and technology firm serving
nonprofits and faith-based organizations, named Eric Clark Brittigan
as VP of Business Development. He was formerly Global Alliance
Director for Dimension Data.

(Fairfax, VA) Intelix, a provider of specialized technology services,
named Rod Volz as VP of Business Development and Sales. He was
formerly with Xpedior.


Thanks for your interest in and support of the Morino Institute's
Netpreneur News is copyright 2002, Morino Institute, all rights
reserved. The information contained here has been obtained from
sources believed to be reliable, but is not necessarily complete and
its accuracy cannot be guaranteed. It is provided "as is" and your
use is at your own risk.

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