Volume 8, Number 23, June 12,
This Week's Contents:
1) NEWS ABOUT NETPRENEUR
1.1 So Long, Farewell, Auf Wiedersehen, Good Night
2) REGIONAL NETPRENEURS
2.1 Managed Objects Improves eGovernment
2.2 Optinel Delivers HDTV
2.3 Merak Fights Spam
2.4 Round-up: Many, Many Quick Hits
......news from SolarMetric, Métier, Artifact, Visual
...........OC Systems, Impact Labs, Icode, CourtEXPRESS,
...........Sourcefire, and ToadNet
3) FUNDING & FINANCE NEWS
3.1 Life In The Food Chain
......USi Acquires CoreHarbor
......Experian Acquires PromiseMark
4) OPPORTUNITIES & RESOURCES
4.1 Free Crisis Planning Software For
|||||||||||||||||||| 1. News About Netpreneur
1.1 SO LONG, FAREWELL, AUF
WIEDERSEHEN, GOOD NIGHT
After seven years of writing Netpreneur News, your editor@ got to feeling
more than somewhat nostalgic putting together this, his final issue before
News transitions to the team of entrepreneurs who will be operating
Netpreneur going forward. First, he got to thinking back to September of
1996 and why we started Netpreneur News in the first place, even before
there was a formal Netpreneur Program to speak of. Mostly, we did it
because of Thursdays.
Back in the days before broadband and blackberries, the region wasn't
exactly known as a business hub, let alone a hotbed of entrepreneurial
endeavor. In fact, as those with receding hairlines will remember, back
then the Washington Post could find so little to write about on Thursdays
that the Business and Sports sections were combined into a single sliver
of pages. True fact. And while defense contractors could find a li'l bit
of coverage around town, if you were one of the people trying to start a
software or Internet business, you were pretty much in the cold. We knew
you were out there (we could hear you breathing), but nobody had any real
idea about who you were or how many or doing exactly what.
Our leader, Mario Morino, is fond of telling a story about how, when we
were working at Legent we needed a small
piece of technology to finish up a big product. Lacking the time to
develop it ourselves, we set off to acquire it from somebody else, and,
after a protracted search, located something close which we bought from a
company waaay out in California. After the deal had closed and we were
furiously working to fit the square peg into the round hole, purely by
accident someone on the team learned about a superior bit of technology built by a small startup right up the street in Virginia.
Bummer. Neighbor, we hardly knew ye.
Put those two things together and you have the rationale for Netpreneur
News -- a place where technology entrepreneurs who were flying below the
radar of larger media organs could learn about each other, generate a
little buzz, and maybe form partnerships with their colleagues.
The first few issues of News had maybe 35 subscribers and covered stories
like this new guy named Bob Pittman (from MTV of all places) who was
coming to run one of the three new divisions at AOL; that PSINet was
taking its first steps to expand internationally (Yes, AOL and PSINet were
once entrepreneurial, though just thinking about it is making your
editor@'s joints creak.); that the SEC was about to approve online stock
trading; and story after story about
a whole buncha companies that are no longer around because they folded or
got bought or changed their names or went public or folded. Your editor@'s
favorite is still -- from our fifth issue -- the founding of a then-new
company called PubCrawler (http://www.pubcrawler.com),
a website "for beer lovers, brewers, and pub owners." Another
dopey dotcom? Nope, PubCrawler is still going strong, so put that in your
bubble pipe and pop it. (For your own trip down memory lane, you can
find every back issue of Netpreneur News in the archives at http://netpreneur.org/news/archives.html)
Speaking of le bubble, like everything else, News expanded with
it. By the year 1999, 35 subscribers had become over 12,000, and each
issue had grown from around two pages to, often, more than 10. OK, maybe
the length has slipped backwards a little since then, but one thing's for
sure, the companies we've been covering generally have a bit more
substance, yes? Heck, for a while in those days, even the Washington Post
suddenly found enough grist to fill a full tip-in Business section on
Mondays, so I guess we all rode in the same tea cup.
There was one more reason why we started Netpreneur News in 1996 -- to get
out the word to the rest of the world about all the entrepreneurial
excitement going on in this region. That one's been accomplished. A lot
has changed from the days when the term "DC entrepreneur" was an
oxymoron, through a (thankfully) brief period when the top topic around
town was what we should name the region since we were going to compete
with Silicon Valley (You people know who you are and you should still be
ashamed of yourselves.) to, today, when the region is recognized around
the world as a center of innovation and entrepreneurship. Not that we're
taking credit for that or anything, but we'll be brash enough to think
that we did our part. Another thing that's changed is that where once the
only local outlets for news about technology entrepreneurs were Netpreneur
News, the Post, and Washington Business Journal, now the region has enough
room for at least five daily or weekly email newsletters plus print pubs covering various
aspects of the technology sector in one geography or another. (Check out http://netpreneur.org/resources/newssources.html)
And although your editor@ and his faithful Indian companion are riding off
into the sunset, Netpreneur News continues as the only publication
dedicated solely to Greater Washington's startup community. In its new
format, now run for and by entrepreneurs, News will continue keeping you
informed about Netpreneur, its programs, plans, events, and services.
Stick around, you're gonna like it.
So, from your editor@ personally, and on behalf of the entire team that
worked to put out News every week over the years, thanks for reading each
issue from masthead to Who'sware (Leave your editor@ his illusions. OK?)
We appreciate your support. As for your editor@, he'll be sweeping up the
Netpreneur offices for the next few weeks, so you can still reach him at email@example.com.
Especially if you're in the market for a marketing exec who knows his way
around the technology business, and, especially, around a bad pun.
Dough raise me. That still cracks me up.
Take care, thanks for reading, and remember, climb ev'ry mountain till you
find your dream.
|||||||||||||||||| 2. Regional Netpreneurs
2.1 MANAGED OBJECTS IMPROVES
(McLean, VA) Managed Objects introduced BSM for E-Gov, a business service
management (BSM) software solution. BSM is an approach that organizations
use to manage IT as a service. Based on Managed Objects' Formula platform,
the new product helps federal agencies speed compliance with the
enterprise architecture and performance improvements mandated by Congress'
eGovernment Act. Formula components give federal agencies a way to map
enterprise architecture, measure and improve performance, leverage
existing resources, and report on service levels through portals and
2.2 OPTINEL DELIVERS HDTV
(Elkridge, MD) Optinel Systems, a manufacturer of transport equipment for
the cable industry, released its DSTX-9150-HD transmitter. Targeted
particularly for high definition television (HDTV) applications, it allows
cable operators to transport over 100 HD channels on a single line card
for an immediate rollout. Compatible with Optinel's PLEXiS MFX transport
system, the transmitter allows cable operators to transport multiple
traffic types over the same network hardware, simultaneously supporting
HDTV, broadcast, and other high-bandwidth feeds. The system supports
multiple traffic formats, including Gigabit Ethernet, SONET, QAM, and
analog, and provides high-bandwidth, multiformat transport in a single
2.3 MERAK FIGHTS SPAM
(Alexandria, VA) Merak Mail Server introduced its Merak Instant Anti-Spam
solution designed to eliminate spam for an entire organization. According
to Merak, it controls spam for businesses and ISPs at a fraction of the
cost and with greater accuracy than other anti-spam technology. It
requires little initial or ongoing administrator configuration and
includes a "self learning" mode and end user controls.
2.4 ROUND-UP: QUICK HITS
(Washington, DC) SolarMetric announced
several new products developed to provide Java Data Objects support for
legacy systems. The company's Kodo JDO product for linking relational
databases with Java applications can now communicate with a diverse set of
back-end data stores such as CICS, MQ Series, Siebel, and many more.
(Washington, DC) Métier
introduced its Portfolio Assessment Engine, an addition to its suite of
statistical project portfolio management solutions that analyzes and
predicts work. The Engine provides an objective rating system for project
performance metrics so that users can more accurately select and align
projects with strategic initiatives.
(Baltimore, MD) Artifact
Software released Version 2.0 of Artifact Desktop, a software
product that provides developers with tools to better manage their code
through search, categorization, and collaboration tools. The product
integrates with many of the Web's most popular code sharing sites.
(Poolesville, MD) Visual
Analytics released Version 2.0 of VisuaLinks, its pattern
discovery analytical software product. New features provide expanded
capabilities for users to discover intelligence and actionable insight
from their data.
(Fairfax, VA) OC
Systems released Version 2.1 of RootCause, its application
internals management tool for Java developers. Enhancements include an
out-of-the-box memory debugging feature that helps resolve Java object
(Columbia, MD) Impact
Labs released Version 3.5 of its Master Archive 3.5 family of
image compression applications. The suite has three specialized server
editions, including Document Edition for Group Four TIFF images (scanned
documents), Medical Edition for DICOM medical images (digital X-rays, CT
scans, etc.), and Image Edition for high-resolution imagery (satellite,
art photography, illustration, etc.).
(Chantilly, VA) Icode
released Version 6.0 of Accware, its enterprise resource planning solution
for small businesses, also renaming it Everest Standard Edition. The
release includes nearly 20 enhancements, including new features for
(Washington, DC) CourtEXPRESS,
a website that provides legal professionals with access to federal and
state court records, has redesigned its site and added features including
Class Action Alerts and hourly tracking for newly filed documents.
(Columbia, MD) Sourcefire
has integrated its Intrusion Management System with Atlanta-based
GuardedNet's neuSECURE security management platform. Customers will be
able to correlate security data from multiple products with data from
firewalls, routers, and other devices.
(Severna Park, MD) ToadNet
announced plans to launch high-speed wireless Internet access to Baltimore
area businesses through an exclusive partnership with Accelacom, a
Baltimore-based wireless company.
3. Funding & Finance News ||||||||||||||||||
3.1 LIFE IN THE FOOD CHAIN
-- USi Acquires CoreHarbor
(Annapolis, MD) Managed services provider USi announced that it has
entered into an agreement to acquire key assets of CoreHarbor, an Ariba-focused
managed service provider. Ariba is a developer of software products for
electronic procurement. USi adds CoreHarbor's spend management,
procurement, and sourcing capabilities, creating the most comprehensive
managed service provider for Enterprise Spend Management solutions. The
two companies' services will integrated, with hosting and management of
all Ariba-based applications being consolidated within USi's existing
facilities. CoreHarbor's headquarters in Atlanta will be retained to
support customer service and sales operations.
(Fairfax, VA) PromiseMark, an Internet identity and fraud protection
services company, has been acquired by Orange, CA-based Experian Consumer
Direct, a provider of online credit reports and products. PromiseMark
offers a suite of identity theft solutions, with fraud resolution agents
who are trained to handle identity-theft issues that would normally take a
victim great lengths to resolve on their own. PromiseMark also offers
coverage to victims for their financial losses up to $50,000 in the event
it cannot remedy all of the damage and recover all of the customer's
losses. More than 12 million visitors monthly visit Experian's Internet
properties which , include ConsumerInfo.com, FreeCreditReport.com, and
CreditExpert.com among others.
4. Opportunities & Resources ||||||||||||||||||
4.1 FREE CRISIS PLANNING
(Washington, DC) The Metropolitan Washington Council of Governments (COG)
is offering free continuity planning software that allows small businesses
to produce individualized continuity of operations plans. The program
enables businesses to identify hazards and to develop employee and
supplier listings, checklists of key operational actions, and information
on continuity of operations in the event business processes are
interrupted by a crisis event. Users produce their own document through a
study guide approach, which they can download and print to accommodate
their business type and needs. Reading materials provide case studies,
definitions, examples, and procedures for users to conceptualize a plan.
COG initiated the effort in cooperation with the Greater Washington Board
of Trade as part of its Regional Emergency Coordination Plan. Marsh Crisis
Consulting developed the free content and software, which can be found in
the Homeland Security area of COG's website.
Thanks for your interest in and support of the Morino Institute's netpreneur.org.
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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