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Netpreneur News
Volume 7, Number 33, August 22, 2002

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This Week's Contents:

       1.1 The Loop: Coming And Going (Up)
      2.1 AppointmentPal's Healthcare Scheduling Service
      2.2 Information1st's Document Management System
      2.3 NexTone Multimedia-Over-IP Solution
      2.4 Round-up: Quick Hits from Visual Mining, TRADOS, and TrueCareers

      3.1 Dough Raise Me
      ...... more than $3.5 million for 2 local entrepreneurs

      3.2 Life In The Food Chain
      ...... Webversa Acquires Semio
      ...... Nextel Acquires NeoWorld

      4.1 Potomac Officers Club Job Board
      4.2 Call For Consumer Electronics Awards
       news about people at Dimension Data, Metastorm, OAO, and

|||||||||||||||||||| 1. News About The Program ||||||||||||||||||

Another special guest joins The Loop, our newest email discussion
list, for a two-day online conversation next week, Tuesday and
Wednesday, August 27-28. Mary Knebel is CEO and co-founder of
LaunchFuel, which specializes in creating new technology ventures by
partnering with research universities, corporations, and government
agencies to identify and commercialize high-potential intellectual
property. On September 4, LaunchFuel is hosting TechTransfer 2002,
an event that will include major regional technology transfer
organizations such as Virginia Tech Intellectual Properties, Johns
Hopkins, MITRE, and NIH, as well as VCs like Carlyle Venture
Partners and corporations such as Riptech. Before that, however, she
'll will bring her expertise to The Loop for a discussion of "Making
Early Progress (And Connections)," a discussion on how to get early
traction in turning your venture from an idea into a business. Mary
will also take your questions on issues, strategies, and processes
related to technology transfer and commercialization. It's a chance
to get highly practical advice from Mary and other members of the
list, so subscribe now.

More on the event:
Subscribe to The Loop:
Tech transfer 2002:

And just finished, check out the "transcript" of Larry Robertson's
recent guest appearance in The Loop, "Staying On Track: Success In
Strategy And Execution." Larry and list members discussed how young
companies keep (and lose) focus, including tips on keeping plans,
strategy, and tactics all working together.

The Discussion:

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

(Fairfax, VA) AppointmentPal launched its Web-based appointment
scheduling and resource optimization software for the healthcare
industry. Designed to reduce the time physicians, office staff, and
patients spend searching for and booking appointments, the
nationwide system is a point-of-care solution that is free to
patients. It provides the ability to search, book, cancel, and
manage appointments with participating healthcare providers.
Patients can receive email notifications, download patient forms,
find directions, and research information about participating
providers and practices. AppointmentPal is HIPAA-compliant and all
patient-physician communications are encrypted using 128-bit

(Fairfax, VA) Information1st released RMX WebCIMS, a browser-based
document management product that supports collaboration among single
sites, multiple offices, and remote users. Compatible with any
records management system, document review can be performed
informally or via a formal process with user-defined approval
procedures. A calendar allows users to include or exclude activities
that can be performed on a defined workday, and document control and
expiration dates are routinely enforced.

(Rockville, MD) NexTone Communications introduced NexTone
Multiprotocol Session Controller (MSC), a carrier class peering
solution for Multimedia-over-IP (MMoIP) that allows communications
services providers to interconnect their voice and video services
over IP for greater reach and coverage. It offers multi-protocol,
multimedia-capable border element and supports network address
translation traversal, topology hiding, route enforcement, and the
regulation of bandwidth consumption to manage multimedia flows
across carrier and enterprise boundaries.


(Rockville, MD) Visual Mining released Version 4.0 of NetCharts
Server, its data visualization product. Enhancements include simple
HTML forms for people with little or no programming experience and
new APIs and toolkits for programmers.

(Alexandria, VA) TRADOS is teaming with Burke, VA-based Technology
Strategies & Alliances to provide language technology solutions,
software products, and related services to the federal government,
particularly for the intelligence and military services to analyze
national defense information.

(Reston, VA) Online job board TrueCareers and Honolulu-based hotU
have partnered to jointly develop Virtual Interactive Career Fair,
an eRecruiting product for university students and employers that
will combine hotU's chat software with TrueCareers' resume search
and job-posting technology.

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


$3.5 million for Chantilly-based iCode, a developer of enterprise
software products that integrate eCommerce and back-end operation
functionality. The round was led by Updata Venture Partners, with
participation by the eMedia Club. Updata's investment was one of
three deals the venture capital firm closed in 24 hours totaling
$7.5 million. The other two companies were New Haven, CT-based
NetKey, a developer of software solutions for the self service kiosk
market, and Charlotte, NC-based V3 Systems, developer of a supply
chain execution/warehouse management software system.

An undisclosed amount for Blacksburg, VA-based Prime Photonics, a
developer of photonic sensors for harsh environments. The money is a
"significant strategic investment" in the company from McLean-based
Halliburton Energy Services, a business unit of Halliburton.
Leveraging Halliburton's capabilities, Prime Photonics says it will
commercialize ruggedized sensors for drilling and wireline
applications as well as permanent installations for land and
offshore production facilities, and will develop a suite of
photonics-based pressure, temperature, flow, acoustic, and strain
technologies for a range of industrial applications. Prime Photonics
has a close relationship with the engineering departments at
Virginia Tech, especially its Center for Photonics Technology, the
largest academic-based photonic sensor research group in the


-- Webversa Acquires Semio
(Reston, VA) Webversa, a developer of software that enables
real-time alerting and interactive voice access to enterprise
applications, acquired San Mateo, CA-based Semio, a developer of
content categorization and indexing technology used in portals,
document management systems, and knowledge management applications. Combined with Webversa's access technology, the new Webversa/Semio product suite will provide customers with the ability to
continuously monitor any data stream, surfacing patterns of
information activity that meet established criteria and notifying
the appropriate individuals in realtime. In addition to Semio's
technology and intellectual property, Webversa gains some 100
customers including Pfizer, DuPont, and Procter & Gamble.

-- Nextel Acquires NeoWorld
(Reston, VA) Nextel Communications will acquire Chicago-based mobile
radio systems operator NeoWorld Communications in a deal valued at
between $263 million and $273 million. The acquisition will give
Nextel wireless licenses in the 900 megahertz spectrum in the top 12
US markets, including New York, Chicago, and Los Angeles. Nextel has
already made a cash payment of $43 million and plans to pay the
balance during the latter half of 2002 or the first quarter of 2003
in either cash, stock, or both. The agreement is an amendment of an
original deal that Nextel struck with NeoWorld's predecessor, GeoTek
Communications, several years ago. The company had acquired wireless
licenses from GeoTek three years ago but had been barred from
purchasing the licenses in the top 12 markets for a period of time.

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

(Vienna, VA) The Potomac Officers Club, a nonprofit membership
organization exclusively for area CxOs, has begun posting
executive-level job openings on its website for both members and
nonmembers at no charge. The service is being provided by search
firms Heidrick & Struggles, Paul-Tittle Search Group, HireStrategy,
and Chamberlain Williams Tison & Associates.

(Arlington, VA) Entries for Innovations 2003, the consumer
technology design awards program that is sponsored by the Consumer
Electronics Association (CEA), are being accepted until September
27. This year, the contest is open anyone, whether or not they are
exhibiting at CES. The winning products will to be showcased at the
2003 International Consumer Electronics Show (CES) in January in Las
Vegas. Innovations 2003 recognizes the best designed and engineered
products in the categories of accessibility, accessories, audio,
computer hardware, digital imaging, electronic gaming, home
appliances, home data networking, integrated home systems, mobile
electronics, mobile office, office equipment, online/Internet,
personal electronics, retail resource, satellite systems, software,
telephones, video, and wireless communications. To submit products
and review last year's winners, visit

|||||||||||||||||||| 5. WHO'SWARE ||||||||||||||||||

(Reston, VA) Technology services company Dimension Data Holdings
promoted Bob Cagnazzi to CEO for its North American region. He takes
over for Raul Fernandez, founder and former CEO of Proxicom, which
Dimension Data acquired last year.

(Severna Park, MD) Metastorm, a provider of Business Process
Management software, named Robert Farrell as President and CEO. He
assumes the roles from founder Avi Hoffer who will continue as
Chairman of the Board and remain actively involved in the company's
business development activities. Farrell was formerly
President-Americas at Mercator.

(Greenbelt, MD) OAO Technology Solutions named four new members to
its Board of Directors, including: Charles Leader, OAOT's President
and CEO; Donald Glickman, co-founder of J.F. Lehman & Co.; Retired
General Paul X. Kelley, former Commandant of the Marine Corps; and
George Sawyer, founding partner of J.F. Lehman & Co.

(Washington, DC) Richard Story is the new Chairman and Michael
Stevens the new Vice Chairman of the Area Business Development
Officials Committee (ABDOC) of the Greater Washington Initiative.
The ABDOC is comprised of 21 economic development organizations from
across Greater Washington. Story is CEO of Howard County Economic
Development Authority; Stevens is President of the Washington, DC
Marketing Center.

(Herndon, VA) Jerald Coughter, industry director for biotechnology
and medical applications for Virginia's Center for Innovative
Technology (CIT), has been named Executive Director of the Governor'
s Advisory Board for the Virginia Biotechnology Initiative.
Thirty-two people have been appointed to serve on the board, which
is charged with "developing a comprehensive and coordinated
statewide strategy to bring Virginia into the forefront of the
biotechnology industry." The first meeting will be held in Richmond
on August 23 and the board's report is due by November 15.

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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