|NEWS ABOUT THE PROGRAM
1. Some Cool Characters Answer Your Financial Questions
2. Newly Assembled At The FAQtory
3. Opportunity Knocks
1. NetGuard's Bandwidth Management Software
2. Call Launches Universal Messenger Service
3. SpaceWorks Enhances Extranet Commerce Software
1. Imark's New Push Solution for Information Providers
2. Women's Groups Join With Women's Connection Online
1.Who's Bringing Who To The Web?
Morph Technologies, New Connections, TVontheWeb
FUNDING & FINANCE NEWS
1. Erol's Internet Is Acquired
2. IBG Opens Incubator Space
3. Online Trading and Technology Sourcebook
4. AOL Buys Personal Library Software
1. Awards For World-Class Inventions
News About The Netpreneur Program
1. SOME COOL CHARACTERS ANSWER YOUR FINANCIAL QUESTIONS
Did you know you've got a posse of experts ready to answer financial, taxation, accounting
and related questions at the Netpreneur Exchange? Yep, thanks to our pals at KPMG Peat
Marwick's Information, Communications and Entertainment (ICE) practice.
KPMG ICE provides the Financial Advisor area of the Exchange, including a library of
publications like "Going Public: What the CEO Needs to Know." You'll also find
the Ask ICE page where you can submit questions to KPMG partners and get answers from the
ICE brain trust. Free. KPMG's experts will get back to via email, and previous questions
and answers are available in the Ask ICE archive on the Exchange. You must be a netpreneur
who is starting or growing a business in the Greater Washington region in order to submit
questions, and be a registered user of the Netpreneur Exchange. Registering is free and
simple. Just click the "Join" button at the top of any page. Don't miss out on
this valuable and unique service from our friends at KPMG.
Financial Advisor: http://netpreneur.org/funding/kpmgice/content/
2. NEWLY ASSEMBLED AT THE FAQtory
Check in to see new pieces on Reseller Software and Zip Code Translation Software in the
Technology section. The usual FAQtory caveat is in effect-- these are not necessarily
complete explications; they reflect recent discussion among our netpreneur community and
are added to regularly. Please add your comments.
3. OPPORTUNITY KNOCKS
Subscribed to ActionNet yet? If you have, you know about a company that's seeking to
acquire a systems integrator (in the DC or NYC areas in the $2.5-10 million annual sales
range) and an ISP (with $10-50K monthly sales, 75% business accounts). The details of
these postings and others are in the ActionNet Archive. By subscribing to ActionNet you'll
get word of these kinds of strategic opportunities right away via email, and be able to
post your own.
1. NETGUARD'S BANDWIDTH MANAGEMENT SOFTWARE
(McLean, VA) NetGuard, Inc.'s newest product, Guidepost, is Internet bandwidth management
software designed to provide quality-of-service controls for Internet-based organizations
and ISPs. Guidepost includes policy-based management tools that allow administrators to
guarantee access to Internet, Intranet or extranet connections and set maximum and minimum
levels of service. As a software solution, Guidepost is less expensive and scaleable. The
product provides guaranteed bandwidth for specific users or groups, prevention of usage
"spikes" and better management of push information. Guidepost for Windows NT
will be available in mid-February through authorized resellers.
2. CALL LAUNCHES UNIVERSAL MESSENGER SERVICE
(Reston, VA) Call Technologies, Inc. (CTI), a provider of intelligent peripheral voice
processing and support systems, announced Call Courier Universal Messenger, an enhanced
services software product designed to create competitive advantages for local telephone
companies and wireless service providers. Call Courier Universal Messenger is a
hardware-independent software application that runs on most UNIX and Microsoft NT
platforms, and which enables telephone and wireless companies to offer their customers a
set of calling and voicemail features that are currently unavailable on any other system.
The application is deployed on CTI's Call Builder service creation platform, a real-time
software engine that supports rapid introduction and customization of message-based
3. SPACEWORKS ENHANCES EXTRANET COMMERCE SOFTWARE
(Rockville, MD) SpaceWorks, Inc. announced Version 3.0 of its OrderManager application, an
e-commerce solution which automates supply chain transactions over the Web. The new
version adds expanded capabilities for real-time "self-service" order processing
channels between a company's back-end resource planning systems and its trading partners,
as well as order approval functionality, instant links to UPS & FedEx tracking
systems, enhanced search engine and a Guest feature which allows clients to provide
temporary access to prospective trading partners.
1. IMARK'S NEW PUSH SOLUTION FOR INFORMATION PROVIDERS
(Herndon, VA) Imark Technologies, Inc. entered into a strategic relationship with BackWeb
Technologies of San Jose, CA, to offer a pilot of NET-MAX+, which the company calls the
first push information commerce system for digital content. BackWeb's development
environment automates the knowledge gathering and delivery process, enabling Imark's
NET-MAX+ service to push subscription information as published (PDF) format files or HTML
pages. Each document requested by a subscriber will be examined using a knowledge-based
profiling agent which will identify additional highly-related content. Related content
will be automatically summarized and pushed along with the requested information, enabling
the subscriber to easily access and purchase related information. NET-MAX+ manages the
access and purchase process using re-distributable document technology that ties
information access with payment verification through key management and encryption.
2. WOMEN'S GROUPS JOIN WITH WOMEN'S CONNECTION ONLINE
(McLean, VA) In a partnership to increase exposure of women's organizations on the
Internet, 30 women's business, professional and service organizations have joined Women's
Connection Online (WCO) as Participating Organizations. Over 440,000 women are represented
by these organizations. Participating Organizations receive special services free of
charge, including a free Web presence. In return, these organizations promote their
location on the WCO site in their promotional and membership materials and provide WCO
opportunities to speak and exhibit at their events.
1. WHO'S BRINGING WHO TO THE NET?
Morph Technologies ( http://www.morphtech.com )
unveiled the redesigned superSonic BOOM site ( http://www.superSonicBOOM.com
) based on Morph's DynaMorph cross-platform, server-side scripting engine. superSonic BOOM
operates the first Web site to offer custom music CDs.
King Farm, a real development in Montgomery County, MD, recently opened its new site ( http://www.kingfarm.com ) developed by New Connections,
Inc. ( http://www.newc.com ).
TVontheWeb ( http://www.tvontheweblive.com
) is hanging out with the pols. Yesterday they featured a live video webcast of First Lady
Hillary Clinton's convocation speech at Goucher College, and this afternoon produced a
live webcast of a Congressional Field Hearing on health care reform conducted by Sen.
Funding & Finance News
1. EROL'S INTERNET IS ACQUIRED
(Springfield, VA) Erol's Internet, Inc. has agreed to be acquired by Princeton, NJ-based
RCN Corp. for $48.5 million in RCN stock and approximately $35 million in cash. RCN
simultaneously announced its acquisition of Ultranet Communications, Inc., the largest
regional ISP in the Boston area. UltraNet will be purchased for $19.2 million in stock and
$7.8 million in cash. The combined company will be the largest regional ISP in the
Northeast with over 325,000 Internet subscribers. Erol's and UltraNet have a combined
annual run rate of approximately $58 million.
2. IBG OPENS INCUBATOR SPACE
(Vienna, VA) The International Business Group (IBG) announced the opening of the
International Center for Internet Entrepreneurs (ICIE), a facility to house the operations
of companies it supports, as well as IBG's own headquarters. IBG provides financial,
management and strategic administrative support to young and start-up ventures. The ICIE
will provide IBG's "incubator" companies with centralized office space and
administrative services so they can share ideas, experience and technology. The space will
include an entrepreneurial training center, a presentation center and a finance and
administration center. IBG-supported companies moving into the ICIE will include local
netpreneurs Morph Technologies Inc. and superSonic BOOM, as well as Tech 2K Inc., Global
Golf Inc. (from Ireland) and Technology Two Thousand Ltd. (from the UK).
3. ONLINE TRADING AND TECHNOLOGY SOURCEBOOK
(Washington, DC) To help the brokerage industry adopt the Internet and intranet
technologies for selling securities and investment services, Longwood Information
introduced the "1998 Online Investing Sourcebook -- Industry Guide to Electronic
Brokerage and Investing," a 450-page manual with strategic advice, case studies,
browser-based brokerage product profiles, and coverage of 87 Web brokerages. The
Sourcebook details the key trends in this sector and features over 117 product profiles,
including Internet broker workstations, Internet trading systems for brokers and retail
clients, Web-based market data delivery systems, Internet account statements, push
software, security and others. You can find sample pages from the Sourcebook and place
orders at Longwood's Web site. Longwood covers technology and business developments in the
online financial industry and publishes the Interactive Financial Services newsletter.
4. AOL BUYS PERSONAL LIBRARY SOFTWARE
(Dulles, VA) America Online has acquired Personal Library Software (PLS) of Rockville, MD,
for an undisclosed amount of AOL's common stock. PLS is a developer of information
indexing and search technologies and developed the core technology for search within the
AOL service. AOL will obtain PLS and its family of software products and plans to manage
all aspects of PLS, continuing to emphasize the development of search software.
1. AWARDS FOR WORLD-CLASS INVENTIONS Think your new invention ranks
among the world's top 100? If so, it may qualify as a winner in R&D Magazine's 36th
Annual R&D 100 Awards. R&D Magazine examines commercial products and processes
introduced over the past year and recognizes the most technologically significant ones as
winners in the R&D 100 Awards program. The program has consistently been picked up by
a number of major media, including CNN, ABC, CBS, NBC and The Wall Street Journal. The
deadline for submissions is March 2. To be eligible for a 1998 award, your product must
have been available for purchase or licensing within calendar year 1997. For more
information, see R&D Magazine's Web site where you will find an entry form and an
article on what judges look for in a winning product. The magazine is also looking for the
world's top technical experts to help judge 1998 awards. If you are an acknowledged expert
in your field and can devote 10-20 hours in late March to early April, forward your resume
and other relevant information to Vic Comello at firstname.lastname@example.org.
R&D 100 Awards: http://www.rdmag.com/rd100/100award.htm