Volume 8, Number 16, April 24, 2003



This Week's Contents:

1) NEWS ABOUT NETPRENEUR
    1.1 Get With The World Beat
2) REGIONAL NETPRENEURS
    2.1 Defense Group Finds Radiological Hazards
    2.2 Unbound Medicine Finds Medical Information
    2.3 Norman Finds Computer Viruses
    2.4 SilentRunner Finds Network Forensic Data
    2.5 MBAFinder (Hint) Finds MBA Students
    2.6 Round-up: Quick Hits
    ......news from Global eXchange, GiveMePower, NVTC, and Kauffman
3) FUNDING & FINANCE NEWS
    3.1 Dough Raise Me
    ......$3.5M for 1 local entrepreneur
    3.2 Life In The Food Chain
    ......Anteon Acquires Information Spectrum
    ......SAIC Acquires Security Services From Predictive
4) RESOURCES & OPPORTUNITIES
    4.1 YEO Connects Entrepreneurs With Journalists
5) WHO'SWARE
    ......news about retired generals at WaveCrest and ADG

|||||||||||||||||||| 1. News About Netpreneur ||||||||||||||||||

1.1 GET WITH THE WORLD BEAT
"Anyone can go global," observed Jim LeBlanc at Tuesday's Coffee & DoughNets meeting, "the trick is doing it profitably." Our panelists -- John Malone of BizTelOne, E. Sanders Partee of Ecutel, Sundaresan Raja of Airbee Wireless, and Matthew Voorhees of AnyBill -- have all done that recently, and they explained how, providing a world of pragmatic advice on topics ranging from outsourcing development to international distribution channels. The summary article is now available at the Netpreneur website, and look for the transcript and video next week. The event was hosted by the Washington DC Technology Council and sponsored by Comerica, Ernst & Young, and Fenwick & West.

Summary: http://netpreneur.org/events/doughnets/030422/article.html

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

2.1 DEFENSE GROUP FINDS RADIOLOGICAL HAZARDS
(Alexandria, VA) Defense Group has collaborated with four undergraduates at the University of Virginia to develop a software tool designed for use by public safety personnel responding to terrorist attacks that involve radiological contamination. The tool will expand the capabilities of the Chemical Biological Response Aide (CoBRA), software that is used by first responder agencies to address terrorist use of hazardous radioactive materials in a so-called "dirty bomb" (conventional explosives wrapped with radiological waste), a spill of radioactive materials, or an industrial accident. Users will be able to quickly analyze the extent of a public hazard using calculation methods developed by the Department of Energy's Livermore lab and incorporating exposure guidance developed by radiation health physicists at the Department of Defense. It calculates the downwind hazard to exposed personnel based on the size of the release and the weather conditions, and predicts the anticipated number of casualties. It also provides emergency response guidelines tailored to each incident. The contribution of the fourth-year UVa systems engineering students involved designing an intuitive user interface and building the connections between the new tool and the existing CoBRA software.
http://www.defensegp.com
http://www.virginia.edu
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2.2 UNBOUND MEDICINE FINDS MEDICAL INFO
(Charlottesville, VA) Unbound Medicine, a provider of knowledge management systems for healthcare, and Philadelphia-based MedCases, a medical eLearning solutions provider for the pharmaceutical and biotech industries, have partnered to offer the MedCases Medical Librarian. The product will provide users with a Web-based interface for searching the National Library of Medicine's PubMed database, including MEDLINE and publisher supplied citations. It will also provide medical literature and serve as a complement to MedCases' Web-based, medical education programs. In the future, portions of the Librarian will be delivered to Palm OS and Pocket PC devices via Unbound Medicine's mobile knowledge management platform.
http://www.unboundmedicine.com

http://www.medcases.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2.3 NORMAN FIND COMPUTER VIRUSES
(Fairfax, VA) Norman Data Defense Systems released a new anti-virus product designed to help ISPs catch viruses, worms, and other malicious code before they infect subscriber networks and systems. NVCNet for ISPs can scan email traffic running on any operating system, targeting ISPs that operate in a multi-platform environment using their own in-house designed solutions. It consists of a server application that runs on an Intel-based Windows NT/2000 server with Norman's Scanner Engine, and a client application that consists of portable source code that resides on the ISP mail server.
http://www.norman.com/us
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2.4 SILENTRUNNER FINDS NETWORK DATA
(Reston, VA) SilentRunner introduced Mobile Forensic Analyst, a software-based product that analyzes network traffic and device log data from a single laptop. It collects and stores data about a network session, enabling investigators to replay and reconstruct network activity and view network events as they happen so that security professionals can immediately resolve internal data theft issues and security and policy violations. Through visual representations, organizations can analyze users, hosts, domains, applications, protocols, and addresses to detect changes or abnormalities from established network baselines showing what networking resources are being accessed, by whom, how, and when.
http://www.silentrunner.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2.5 MBAFINDER FINDS MBA STUDENTS
(Chevy Chase, MD) MBAFinder.net is a new website that matches companies with pre-screened business students to do short-term projects on an hourly basis in areas such as presentation development, budget analysis, proposal writing, feasibility studies, market research, and other business-related matters. Currently, students from the University of Maryland's Robert H. Smith School of Business are available. The company is the creation of current Smith business student Asher Epstein and his brother Jeremy Epstein, who have worked together before on other Internet-related ventures, including a company called SilentFrog which provides the current technology backbone for MBAFinder.net.
http://www.mbafinder.net
http://www.silentfrog.com
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2.6 ROUND-UP: QUICK HITS

(Gaithersburg, MD) Global eXchange Services released Translator Accelerator, an add-on product for its Application Integrator data transformation engine. The Accelerator speeds the data transformation process for time sensitive applications.
http://www.gxs.com

(Towson, MD) GiveMePower has added laser measurement support to its PowerCAD CE Pro mobile Computer Assisted Design system, allowing building industry professionals to create real-time, as-built floor plans directly in the field.
http://www.givemepower.com

(McLean, VA) The Northern Virginia Technology Council Foundation gave its Volunteer Service Award to Northrop Grumman Mission Systems and LeapFrog Solutions. In its fourth year, the award recognizes its member companies using technology in their volunteer efforts.
http://www.nvtcfoundation.org

(Kansas City, MO) A new report from the Ewing Marion Kauffman Foundation, "Angel Investing Group Best Practices: Managing Members, Guiding Presentations and Finding the Right Deals," a tip sheet on how to run angel investing groups. The free PDF file is based on best practices shared by 25 of the nation's leading angel investing groups.
http://www.emkf.org/pages/350.cfm

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

3.1 DOUGH RAISE ME

$3.5 million in a Series B round for Blacksburg, VA-based Luna Technologies, a developer of fiber optic component test equipment. The round was led by Alexandria-based Columbia Capital, which also led the company's first round. Participating in the new round were ENVEST Ventures I, Soundview, Novak Biddle Venture Partners, Southwest One, and Virginia Tech.
http://www.lunatechnologies.com
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3.2 LIFE IN THE FOOD CHAIN

-- Anteon Acquires Information Spectrum
(Fairfax, VA) Anteon International, a provider of IT and engineering solutions to the US government, signed a definitive agreement to acquire Annandale, VA-based Information Spectrum, Inc. (ISI), a provider of defense and homeland security solutions. ISI specializes in the areas of credential card technologies, military logistics, and training systems. ISI is the prime contractor for secure identification and access management solutions for the Department of Homeland Security's Permanent Resident Card and the Department of State's Border Crossing Card programs. Anteon will pay a purchase price of $90.7 million in cash.
http://www.anteon.com
http://www.informationspectrum.com

-- SAIC Acquires Security Services
(McLean, VA) Science Applications International Corporation (SAIC) announced that it signed an agreement to acquire the Information Sharing and Analysis Center (ISAC) and Open Source Intelligence (OSI) business unit from NYC-based Predictive Systems, Inc. The deal will transfer the rights and intellectual property to operate a number of ISACs, including the Financial Services ISAC and the Energy/ISAC. ISACs perform analyses and notification of physical and cyber threats, vulnerabilities, and warnings, including the ability to alert public and private sectors of security information. Total revenues associated with the business unit represented approximately $1.38 million in Predictive's fiscal year 2002. The first ISAC was created by an SAIC company four years ago in response to a Presidential Decision Directive.
http://www.saic.com
http://www.predictive.com

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

4.1 YEO CONNECTS ENTREPRENEURS WITH JOURNALISTS
(Alexandria, VA) The Young Entrepreneurs' Organization (YEO), a nonprofit entrepreneurial group, launched MediaSource, a free online tool that allows its members to be contacted by authorized journalists looking for sources, interviewees, and stories. Credentialed journalists can view a modified version of YEO members profiles, including company press releases, photos, and bios. Reporters can also post media interview requests to the entire YEO membership. YEO has some 5000 members in more than 142 cities in 35 countries. Membership in YEO is subject to approval based upon qualifications by both YEO International and the sponsoring local chapter.
http://www.yeo.org/YEO/Public/Pressroom/MediaSourceHome.aspx

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

(Dulles, VA) WaveCrest Laboratories, developer of an electric propulsion system that transforms electrical energy into mechanical motion and vice versa, named General (Ret.) Wesley K. Clark, former Supreme Allied Commander of NATO, as Chairman of the Board.
http://www.wavecrestlabs.com

(Vienna, VA) Defense and security firm The Allied Defense Group (ADG), formerly Allied Research Corporation, named Monte Pickens as COO. He was formerly VP at The T. Marzetti Company. Recently ADG also announced that Chairman and CEO General (Ret) J.H. Binford Peay, III, will resign as CEO to become Superintendent at the Virginia Military Institute (VMI), to be replaced by Major General (Ret.) John G. Meyer, Jr.
http://www.allieddefensegroup.com

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