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Netpreneur News
Volume 7, Number 36, September 12, 2002

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This Week's Contents:

       1.1 Taking It To The Mat
      2.1 Robots In Surgery
      2.2 Robots In Tanks
      2.3 No Robots In Raven's New Data Center
      2.4 Quantum's Semiconductor Optical Amplifiers
      2.5 Luna's Remote Sensors
      2.6 Round-up: Quick Hits from RiskWatch, Forum One, L-Soft, and Audiopoint

      3.1 INFe Introduces Web-based VentureClub
      4.1 Kauffman Funds GMU Internships
      ......a whole lotta shaking (up) goin' on at AOL, other newsabout people at Optinel, SES, and Digex

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

How do you build a winning startup team? Do you really need venture
capital funding? Where should early stage companies spend money, and
where shouldn't they? What are the common hurdles and how do you
overcome them? How can mentors and advisors help, and how can you
find them? These are just a few of the questions that authors Mike
Southon and Chris West will discuss at Coffee & DoughNets next week
for "The Beermat Entrepreneur: What You Really Need to Know to Turn
a Good Idea Into a Great Business." Since its publication in March,
their book, The Beermat Entrepreneur, has been a runaway success in
Britain and the number one business book at UK. The event
is a special evening C&D, Wednesday, September 18, 6:00-9:00 PM, at
the Capital Hilton, in DC. Sign up now.

Sign up for C&D:
The Beermat Entrepreneur:

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

(Baltimore, MD) In addition to opening new headquarters in
Baltimore, ImageGuide announced its platform for Image-Guided
Robot-Assisted Surgery (IGRS). The minimally invasive surgical
systems integrate imaging platforms, such as MRI and Ultrasound,
with medical robotics to deliver real-time, needle-driven,
therapeutic interventions. The company is commercializing patented
technology licensed from the Johns Hopkins University School of
Medicine and the National Science Foundation-funded ERC/CISST.
ImageGuide will target orthopedic, soft tissue and microsurgical
applications, and the technology also supports emerging telemedicine
and related military applications.

(Laurel, MD) InTANK introduced the OTIS-G, a robot designed and
certified specifically for inspecting aboveground storage tanks
(ASTs) containing gasoline, naphtha, diesel fuel, jet fuel and
kerosene. OTIS-G allows the tanks to remain full of product during
cleaning and inspection, saving downtime costs and lost revenue. It
uses InTANK's proprietary navigation and ultrasonic data collection
systems and incorporates an advanced camera system used to visually
inspect seals of internal floating roof tanks. The OTIS-G expands
InTANK's reach to a new range of products, highly volatile liquids
with low flash points. The company's other robotic solutions include
inspection and cleaning of tanks for hazardous chemicals, crude oil,
and the Scavenger for lagoon, basin, and pond cleaning.

(Baltimore, MD) Raven Technologies, a systems integration firm,
opened the Tide Point Data Center, a Class 1 Internet Hosting
facility in downtown Baltimore. The center will offer a range of
co-location, assisted and managed hosting, and network security
services. Multiple fiber connections are available at the facility,
including two, soon to be four, independent fiber connections from
different providers provisioned for Internet connectivity. An
existing 13-mile dark fiber ring can also provide direct high-speed
inner-connectivity between Baltimore corporate offices and the
facility. The company says that its redundant infrastructure design
allows it to achieve a reliability guarantee of 99.999% uptime.

(Jessup, MD) Quantum Photonics introduced its new Semiconductor
Optical Amplifier (SOA), the ChAMP channel amplifier line of
products designed to provide the multi-channel, Wave Division
Multiplexing (WDM) performance of an Erbium Doped Fiber Amplifiers
(EDFA) at lower prices. (Look, your editor@ could take the space to
write explanations for all that, but he's pretty sure we still
wouldn't get it unless we worked in this sector. So, if you don't
know what an Erbium Doped Fiber Amplifier is, skip ahead to the next
story now. But just for giggles, try to work it into a conversation
tomorrow.) Quantum Photonics says that it has significantly
increased the linear operating regime of the SOA without additional
hardware, and that it can amplify, as an example, more than
8-channels at 10 Gb/s over the entire C-band without the need for
gain flattening filters, laser pump hardware, or transient control
circuitry. (I warned ya, didn't I?) The company's products are based
on a proprietary platform technology developed at the National
Science Foundation's Center for Optoelectronic Devices,
Interconnects, and Packaging at the University of Maryland.

(Blacksburg, VA) Luna Innovations launched its fifth company, Luna
iMonitoring, focusing on the development and marketing of a suite of
intelligent telesensing products. The company's wireless sensors
monitor parameters such as temperature, pressure, flow, electrical
power, tank levels, acceleration, and vibration. Integrated with
satellite, cellular, or other telecom data links to the Internet,
they can provide real-time information about the assets and
operations of an enterprise. Markets for the solutions include
manufacturing, public utilities, transportation, energy,
environmental, agricultural, building management, and military
platforms. The technology was developed as a result of numerous
wireless sensor-based Small Business Innovation Research (SBIR)
contracts since 1999. iMonitoring's executive team includes CEO Ken
Ferris, COO Robert Harman, and CTO Phil Couch.


(Annapolis, MD) RiskWatch and Ft. Lauderdale, FL-based SeaSecure
announced a joint development project to create a comprehensive
maritime risk assessment software tool for seaport and shipping
security, to be called RiskWatch SHARK. It will help assess
physical, personnel, and information security programs at seaports
and for carriers and cruise lines.

(Alexandria, VA) Forum One Communications built a website for the
American Academy of Pediatrics to help parents, health care
providers, and others learn how to protect children from terrorism
and natural disasters.

(Bethesda, MD) L-Soft introduced three new licensing options for its
Maestro email marketing software, targeting smaller organizations.
Designed originally to send messages to an unlimited number of
recipients, the new options offer tiered solutions for small
(5,000), medium (20,000) and large (100,000) lists of daily

(Fairfax, VA) Audiopoint has new deals with regional ISPs Shentel
and CIS Internet to provide its Email by Phone service to their

|||||||||||||||||| 3. Opportunities & Resources ||||||||||||||||||

(Falls Church, VA) INFe, Inc., a merchant banking and business
advisory services company for emerging technology companies,
announced the commercial availability of the INFe VentureClub, a new
website community geared to match companies seeking capital with
investors. Client companies must pass certain criteria for
participation and are showcased to accredited investor members
through a package of Web-based communications. Various fee-based,
public relations, shareholder communications, and other programs are
available for both private and public companies. Membership is open
to accredited individuals, angel investors, VCs, investment
advisors, stock-brokers, companies seeking capital and
infrastructure services and associate service providers. Investor
members are offered a 30-day free trial membership.

|||||||||||||||||| 4. News from the U's ||||||||||||||||||

(Fairfax, VA) The Mason Enterprise Center of George Mason University
was awarded a grant from the Kauffman Center for Entrepreneurial
Leadership Foundation to support student internships with
entrepreneurial companies. The Kauffman Entrepreneur Internship
Program is supporting five GMU students selected this fall to do
market research and business plan development for local technology
firms. The participating technology companies, clients of
Techventure Partnership a program of the Mason Enterprise Center,
are developing solutions that include: an online substance abuse
treatment system; interactive multimedia products and services;
palm-based applications; software utilities to manage data; and
wireless and security solutions. Students will work part-time for
the semester and are receiving compensation through the grant along
with academic credit.  The program will be offered again in the
Spring 2003 semester.

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

(Dulles, VA) America Online announced a new management structure
that eliminates the positions of COO and President of AOL, Inc., and
calls for Chairman and CEO Jon Miller to take a more direct role in
overseeing key units, including the flagship AOL Brand, Interactive
Marketing, and AOL Broadband. Miller's goal is "setting clearer
priorities, increasing accountability, and clarifying organizational
roles." Additionally, Joseph Ripp, currently EVP and CFO, will
become Vice Chairman and directly oversee other corporate and
operating functions, including the company's network infrastructure
and technology operations. Current Vice Chairman Ted Leonsis will
chair newly created councils overseeing brand, product, and
technology strategy. James de Castro, President, AOL Interactive
Services and the executive who oversees the AOL service, will join
Ripp and Leonsis in a newly created Senior Strategy Group working
with Miller and Don Logan, Chairman of AOL Time Warner's Media and
Communications Group. In other changes: J. Michael Kelly, currently
COO, becomes Chairman and CEO of AOL International; Ray Oglethorpe,
currently President, America Online, Inc., will retire after a
transition period in which he will be a senior advisor to the
company; and Jan Brandt, Vice Chair and Chief Marketing Officer,
will step down and take a part-time role as a senior advisor.

(Elkridge, MD) Optinel Systems, a provider of optical communication
systems for the cable market, named Jim Faust as CEO. He was
previously President and COO of Antec Network Technologies and
founder of Zenith Cable Products.

(Annapolis Junction, MD) Scientific & Engineering Solutions, an
eBusiness solutions provider, named Ron Ross as President. He was
previously President and COO of CACI International and President of
Computer Sciences Corporation's Defense business.

(Laurel, MD) Managed services provider Digex named three new members
to its board of directors: Howard Frank, Dean of the Robert H. Smith
School of Business of the University of Maryland; Max Hopper,
founder of Max D. Hopper Associates and former Chairman of The SABRE
Group; and Paul Kozlowski, Executive Chairman of NetEffect Corp.

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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