Volume 7, Number 47, December 5, 2002
1. News About The Program ||||||||||||||||||
1.1 NO MO’ JOE? DOWN TO OUR LAST JIMMY
Who’da thunk it? Next Wednesday, December 11, is Netpreneur’s very
last Coffee & DoughNets. The end of an era? Maybe, but it’s just
start of a new stage of the story of entrepreneurship in our region.
As Mario Morino declared just two C&Ds ago, "It is a great time
start a business." We’ll pick up that theme next week with Mario
a panel of entrepreneurs-in-action discussing how they're keeping
their dreams alive and growing. Why is it a good time for
entrepreneurs? As Mario said, "You're back to being real
entrepreneurs, and all the foolishness of the last six years is
gone." On top of that, markets seem to be stabilizing, businesses
are buying again, rents are cheaper, salaries are lower, and, and,
and. We'll take this time to look at both the past and future of
entrepreneurship in our region and learn why times matter less for
entrepreneurs than vision, energy, and execution. Sign up now for
Netpreneur’s very last Coffee & DoughNets, Wednesday, December 11,
at the Hyatt Regency in Reston, VA.
|||||||||||||||||| 2. Regional Netpreneurs
2.1 MANAGEMENT SOFTWARE FOR SMALL BUSINESS
(Herndon, VA) DPS Consulting introduced Results, a software product
designed for small businesses and organizations that integrates the
functions of contact and business management software. It simplifies
the management of unlimited contacts, as well as handling time and
activity tracking, billing, invoicing, payment collection, inventory
management, expense tracking, and more. All functions are integrated
to support the flow of customer relationship management and include
a workgroup calendar, document management, and reporting
capabilities. A 45-day evaluation edition is available as a free
2.2 TRAVEL SOFTWARE FOR TOUR PACKAGERS
(Alexandria, VA) Discovery Travel Systems (DTS) launched Tour
Partner, a Web-based reservation and inventory management system for
tour packagers. It allows travel packagers to implement new
marketing initiatives quickly, combining and selling any number of
travel components including air, hotel, car, activities, and
transportation, for any number of people. Offered as an ASP
solution, it supports multi-channel distribution via call centers
and the Internet; interfaces to other existing systems; and
integrates inventory management, supplier contracts, pricing, cost,
and profitability analysis. Other DTS products include Cruise
Partner, a cruise line reservations system, and Ship Partner, an
onboard property management system.
2.3 HEALTH INFORMATION FOR
(Washington, DC) MDLinx launched PatientLinx.com, a free website
that provides clinical updates for patients. It aggregates research
by disease and therapeutic category, with 24 subspecialties ranging
from Allergy to Osteoporosis. Patients can also subscribe to free
newsletters to stay abreast of the latest research. Sources include
The New England Journal of Medicine, Medicine Direct, Science Daily,
and British Medical Journal, as well as lay sources. Online services
provided by MDLinx are free to users and are supported by
advertising, syndication, and eMarketing solutions. MDLinx operates
a network of 34 Websites and over 700 different, daily email
newsletters that provide highly focused content to 225,000
2.4 FILM DIGITIZER FOR MEDICAL APPLICATIONS
(Herndon, VA) VIDAR Systems debuted its newest medical film
digitizer, the CAD PRO, designed specifically for the application of
computer-aided detection (CAD) for screening mammography. It
incorporates VIDAR's proprietary High Definition CCD technology and
Automatic Digitizer Calibration feature to guarantee image quality
and features a built-in, 200-sheet film feeder with a new design
that eliminates film jams and other problems.
2.5 GREATER SECURITY FOR ID CARDS
(Virginia Beach, VA) SafeCard ID, a manufacturer of secure photo ID
cards, will invest $10 million in the City of Virginia Beach and
establish its headquarters there. The company, which originated as
an R&D entity in Israel, is applying new technology to make official
documents and ID cards more difficult to counterfeit. It carries
experience that includes production line automation, robotics,
computer hardware, software, machine design engineering, creation of
high security inks, and implementation of holographic solutions. The
Virginia Economic Development Partnership, the Virginia Israel
Advisory Board, the Hampton Roads Economic Development Alliance, and
the City of Virginia Beach helped attract the company to the area.
2.6 ROUND-UP: QUICK HITS
(Washington, DC) Two George Washington
University students have
launched VarsityText.com, a site where college students can buy and
sell used books at more accommodating prices than at college
bookstores. The two founders plan a 20-university tour across the
Northeast to promote the venture.
(Herndon, VA) iSavvix debuted eLearning courses designed to provide
condensed training for Java and XML technologies via the Web.
Created by industry experts, the courses are available in Macromedia
Flash and Adobe PDF formats with audio narration. iSavvix’e Java/XML
online community has over 70,000 members.
(Rockville, MD) DataDirect Technologies released Version 1.1 of
DataDirect Connect for .NET, a set of data connectivity components
that enable software developers to access enterprise data using
Microsoft's .NET platform. The new release adds support for
distributed transactions for Oracle and Sybase and updated support
for several Oracle data types.
(Fairfax, VA) MKS released version 2.0 of AlertCentre, its agentless
monitoring solution for Windows. Enhancements include monitoring
wizards for Microsoft IIS, SQL Server, and Exchange.
(Rockville, MD) Deus Technologies has a new
Waukesha, WI-based GE Medical Systems to develop a new, digital
computer-aided detection product for lung cancer for use on GE’s
suite of digital radiography X-ray systems. Deus’ current product,
the RapidScreen RS-2000 for use with analog x-ray, is the only
product for early lung cancer detection to receive premarket
approval from the FDA.
|||||||||||||||||| 3. Funding & Finance
3.1 DOUGH RAISE ME
$15 million for Alexandria-based MATCOM, a defense contractor and
provider of IT and engineering services to the federal government.
The money comes from Bethesda-based American Capital Strategies Ltd.
and is being used to support a strategic acquisition and to
refinance a portion of MATCOM's existing debt.
$22.4 million in a Series B round for Elkridge, MD-based Optinel
Systems, a provider of transport systems for the cable television
industry. The round was led by Court Square Ventures, Teknoinvest,
and Birchmere Ventures, with participation by SilverHaze Partners,
Four Seasons Ventures, the Dinner Club, Isis Capital, OCG Ventures,
and Novak Biddle Venture Partners. Optinel’s technology offers a
high-capacity and long-reach solution for headend interconnection,
video-on-demand, high-speed data, and cable telephony applications.
Randy Castleman of Court Square Ventures, Chuck Dietrick of
Birchmere Ventures, and Steve Morrell of Teknoinvest will join
|||||||||||||||||| 4. Opportunities &
4.1 NEW FORUM FOR TECH COMMUNICATORS
(Washington, DC) Communication professionals working for technology
companies in the Maryland/Northern Virginia/DC metro area have a new
professional group, the Tech Communicators Forum, part of the
National Capital Chapter of the Public Relations Society of America.
It is comprised of technology industry professionals in the areas of
public relations, investor and analyst relations, marketing, and
other communications disciplines. The group's first event,
"Communicating The Financial Message: Restoring Stakeholder
will be a breakfast meeting on Thursday, December 5, 7:30 a.m., at
The Tower Club in Vienna, VA. During the breakfast, PRNews will
release the top line results of its recent national survey on
attitudes and changes in public relations and investor relations
practice management in the post-Enron era.
(Bethesda, MD) Intellitactics, a provider of enterprise security
management software, named Randy Davis as CEO. He was previously
President of the Network Management Division of Sterling Software.
(Alexandria, VA) TRADOS, a developer of language translation
technology, named Klaus-Dieter Laidig to its Board of Directors. He
is Managing Partner of Laidig Business Consulting GmbH and was
formerly GM of Hewlett-Packard’s German subsidiary.
(Fairfax, VA) webMethods, a provider of integration software, named
Gary Fernandes to its board of directors. He is the former Vice
Chairman of EDS.
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
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