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Netpreneur News

Volume 8, Number 15, April 17, 2003

This Week's Contents:

1.1 Be Prepared
    2.1 Media Cybernetics' Image Database
    2.2 Arcemus' Online Trademark Reports
    2.3 SYSTALEX's Report Manager
    2.4 GlobalSecure's Homeland Roll-up
    2.5 Round-up: Quick Hits from DataDirect, Plethora, TFS, SER, and FedLeads
    3.1 Dough Raise Me
    ......$6.8M for 1 local entrepreneur
    3.2 Life In The Food Chain
    ......Neometrix Acquires Zeosoft
    ......Struttin' With Some BBQ
    4.1 Federal IT Spending to Reach $68 Billion
    4.2 And A New Source For Federal Business Intelligence
5) WHO'SWARE about people at Avatech, WPNI, SafeNet, and MAXIMUS

|||||||||||||||||||| 1. News About Netpreneur ||||||||||||||||||

Global opportunities are growing again, but international business isn't something you jump into quickly. You've gotta do your homework first, including channel strategies, market studies, and much more. So even if your business isn't quite ready to cross borders just yet, our panelists at next week's Coffee & DoughNets will help you prepare by taking a pragmatic look at the issues involved in international sales, partnerships, development, customer support, and more. Speakers include Matt Voorhees, President of Anybill; Sundaresan Raja, CEO of Airbee Wireless; John Malone, CEO of BizTelOne; and moderator James LeBlanc of The York Group. "Going Global: A Look At International Sales, Partnerships & Outsourcing" comes to the Marvin Center at George Washington University in Washington, DC, on Tuesday, April 22. Register now.

Register for C&D:

|||||||||||||||||| 2. Regional Netpreneurs ||||||||||||||||||

(Silver Spring, MD) Media Cybernetics debuted IQbase, a tool for archiving, managing, and extracting knowledge from images and associated data. It is an intelligent database that provides accessibility from the pixel level to the meta-data level, allowing images and information to be viewed and managed together in one place despite formats. Users can conduct searches based on image data to locate other similar archived images, and it can be adapted to an organization's workflow by customizing fields, menus, toolbars, and screen layout. Interactive graphics tools and querying options enable IQbase to find similar results across multiple groups of images. Report Designer tools and a variety of email and Web-sharing options facilitate collaboration.

(Dulles, VA) Arcemus introduced two new services, Mark-Scan and Mark-Scan Plus, that enable legal professionals to search the Internet for relevant incidents of trademark abuse online. Every month, the two services monitor 47 million domain names and websites, providing detailed reports and updates through a proprietary client portal. The services query a complete capture of Internet content through proprietary crawlers, a downloader, and third-party information to search for client trademarks, brands, and logos that are being used by unauthorized affiliations, cybersquatters, or competitors in association with objectionable content, as part of redirection schemes, and in other unacceptable ways.

(Rockville, MD) SYSTALEX launched eReportsPortal, a Web-based, portal enhancement system that enables employees and others to use the Internet to access printout-based company data from legacy systems. As a lifecycle reports production, distribution, and document library, it provides electronic reports notification for local and remote users, subscriber profiles, and portal interface for reports access, search, retrieval, and archiving. An optional mobile solution is also available.

(Landover, MD) NYC-based Sky Venture Capital (SVC) announced the formation of a subsidiary, GlobalSecure, a holding company that will set about acquiring firms in the homeland security industry. SVC has committed to invest $1.5 million into the company, and GlobalSecure's management has made additional investments. In its first move, GlobalSecure acquired a significant controlling interest in Woodsboro, MD-based Neoterik Health Technologies, a provider of respiratory protection technologies. GlobalSecure's management team includes C. Thomas McMillen, Vice Chairman of SVC and a former member of the US House of Representatives from Maryland, and Craig Bandes, formerly President and CFO of Focus Technology Consulting in Rockville.


(Rockville, MD) DataDirect Technologies released Version 2.0 of its DataDirect Connect for .NET, a set of data connectivity components that enable software developers to access enterprise data using Microsoft's .NET platform. Enhancements add support for DB2 and SQL Server.

(Washington, DC) Plethora Technology released Version 3.0 of Perspective, its software platform that supports telework initiatives and disaster recovery programs. Features include IM, text conferencing, file access and exchange, VPN, and remote control of other PCs.

(Herndon VA) TFS Technology released Version 5.0 of its TFS Secure Messaging Server, a single solution offering of its legacy email security and connectivity products. New features include advanced certificate management, file encryption, and remote administration capabilities.

(Dulles, VA) SER Solutions released Version 7.1 of its Call Processing System. New features include a Web-based agent control interface and reporting capabilities to address recent FTC compliance requirements.

(McLean, VA) FedLeads and Ireland-based have a new partnership to cross-market each company's products on either side of the Atlantic. FedLeads is a provider of US government procurement directories, and Xtender is the official EC publisher of RFP notices for all European and associated countries.

|||||||||||||||||| 3. Funding & Finance News ||||||||||||||||||


$6.8 million in a Series D round for Intellitactics, which also announced that it has moved its headquarters to Bethesda, MD, from Kitchener, Ontario. The round was led by Lazard Technology Partners and previous investor JMI Equity. Kevin Burns of Lazard joins the company's board. Intellitactics is a developer of enterprise security management software. Its Network Security Manager product, which won the Information Security 2003 Excellence Award in the Network Security Management category in March, helps security teams police, prioritize, and manage across the range of enterprise information security threats.


-- Neometrix Acquires Zeosoft
(Columbia, MD) Neometrix Technology Group, a provider of enterprise IT solutions, announced that it has acquired all of the intellectual property of Tampa, FL-based Zeosoft, a developer of mobile wireless software products. Zeosoft's mobile infrastructure platform, ZeoSphere, places peer-to-peer application servers directly on PDAs and other handheld devices, providing secure database access, transaction, and application services for enterprise solutions. The Zeosoft technology will be integrated into many of Neometrix's existing services and will enable the company to offer advanced mobile communication solutions for national security, homeland security, mobile commerce, and other applications.

-- Struttin' With Some BBQ
(Smithfield, VA) Smithfield Packing Company, a developer of pork-based gastronomical solutions, announced plans to merge two of its units, Smithfield Packing Company and Gwaltney of Smithfield, into one organization with annual sales of over $2.5 billion. The move capitalizes on ham radio and fatback-up & recovery technologies.

National BBQ News:

Ugly Brothers BBQ:

|||||||||||||||||| 4. Resources & Opportunities ||||||||||||||||||

(Chantilly, VA) US federal government spending on IT products and services will increase at a compound annual growth rate of 8.5% from $45.4 billion in fiscal year 2003 to $68.2 billion in FY 2008, according to the annual "Federal IT Market Forecast" released by INPUT, a government market intelligence company. Homeland security and eGovernment initiatives remain the highest IT priorities for federal agencies, both of which are driving significant near-term increases in spending. According to INPUT's forecast, the departments of Defense, Homeland Security, Transportation, Energy, and Treasury will represent nearly 70% of federal spending on information systems and services in FY 2008. INPUT also forecasts that the growth in federal spending will be greatest for outsourcing services, as opposed to spending on equipment, software, and telecom.

(Herndon, VA) Epipeline and Fairfax-based Eagle Eye Publishers released Agency Business Intelligence (ABI), a new service that presents information on federal agency descriptions, yearly budgets and competitive intelligence. ABI provides subscribers with a general overview of the mission, goals, and key people within 50 civilian and defense agencies, bureaus, and government organizations. It also provides information on agency budgets for current and future years and detailed historical contract award information. Epipeline is an online source for federal, state, and local government contracting research; Eagle Eye Publishers is a market research and consulting company.

|||||||||||||||||| 5. Who'sWare ||||||||||||||||||

(Owings Mills, MD) Avatech Solutions, a provider of design automation and quality assurance solutions for the manufacturing, building design, and engineering markets, named Eric Pratt as President and COO. He was most recently VP of Business Development at Sonus Networks.

(Arlington, VA) Washingtonpost.Newsweek Interactive (WPNI) named Caroline Little as President, in addition to her current role as COO.

(Baltimore, MD) SafeNet, a provider of network security solutions, named David Potts as SVP and GM of its Embedded Security Division. He previously led the OMAP Applications Program at Texas Instruments.

(Reston, VA) MAXIMUS, a provider of IT services for state and local government, named Paul Lederer to its Board of Directors. He was most recently EVP at Federal Mogul.

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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