NEWS ABOUT THE PROGRAM
1. Help Us Get The FAQs Straight
REGIONAL NETPRENEURS
1. Hot Off The Coffee & DoughNets Griddle
2. Web Software For Flight Management
3. Business Graphics For Newspapers
4. Blackboard Unveils Educational Metadata Specs
5. COMSAT Links South America With Satellite ATM
6. Peak Releases Wireless Warehouse
7. DC Registry Offers Free Web Sites
8. Navigate Federal Government Info More Easily
9. Fooling Around With The IRS
PARTNERSHIPS
1. Cable & Wireless And GMU In Virtual Reality Project
2. Media Exchange Adds UPI Content
3. Hughes To Install DirecPC Kiosks
4. Microstate And Risk Science Tackle The Insurance Industry
5. BRC And Entrepreneur Magazine Help With Franchises
6. Nascent And Qualcomm Show Mobile Email Access
7. E-Net To Market In Europe With ComTel
FUNDING & FINANCE NEWS
1. $1.8 Billion Went To Internet Firms In 1997
NETPRENEURS RECOGNIZED
1. webMethods Voted Most Influential
REGIONAL NEWS
1. Call For Nominations: Online Newspaper Awards
News About The Netpreneur Program
1. HELP US GET THE FAQS STRAIGHT
What good is being a community if you can't pick each other's brains? That's the idea
behind FAQtory-- mining the minds of netprenurs, Program discussion groups, events and
idle chit-chat for the latest-and-straightest knowledge that can help netpreneurs succeed.
FAQtory now has some 50 FAQs, proto-FAQs and FAQlettes in the areas of Management,
Marketing, Funding and Technology on topics ranging from Reseller Commissions to Linking
and Domain Name Laws, Protecting Your Ideas, Resources for Early-Stage Businesses and
choosing software for Chat, Shopping Cart and Reseller applications.
You'll find information, personal experiences and opinions from experts and working
netpreneurs which you can use when dicing through these kinds of questions and challenges
yourself.
On every FAQ you'll also find a "Contribute" button. Rally your community
spirit and help make the FAQtory explications more complete by adding your own thoughts.
Think of it as enlightened self-interest. Next time you've got to put together a quick
compensation offer for that hot shot Marketing VP candidate ( http://netpreneur.org/netcorner/faqtory/ttcomp.html
), you'll be glad Peter Kennedy, Hans Tallis, Miles Fawcett, Neil Harris and Esther Smith
each took a few minutes to offer their advice. If you're that Marketing VP who just got
that swell comp package, return the favor with some pointers on Customer Interest Polls or
Advertising Costs . You can also use the "Contribute" button to send new
questions to our FAQulty.
FAQtory: http://netpreneur.org/FAQtory
Regional Netpreneurs
1. HOT OFF THE COFFEE&DOUGHNets GRIDDLE
(Washington, DC) The March Coffee & DoughNets meeting was held today (look for an
article and transcript soon at the site soon). As always, netpreneurs shared their news
and milestones with the group. Here's a round-up of announcements so new that nobody's had
time to do the press release yet.
+ Paul Albert announced that RouteLink was chosen as one of 24 companies to present at
Comdex under the auspices of Red Herring Magazine. http://www.routelink.com
+ Neil Harris said that interactive gamer Simutronics has entered a revenue- sharing
partnership with Excite. http://www.simucon.com
+ Jason Baranowski said that Gr8 is exploring a potential partnership with SynchroMedia
from a contact made through the Netpreneur Program's ActionNet bulletin board. http://www.gr8.com
+ Matthew Pittinsky announced that Blackboard, Inc. will be moving to bigger digs in
downtown Washington, and that Microsoft has hired Blackboard to set the learning
technology standards for their company. http://www.blackboard.net/home.htm
+ According to Kent Johnson, Internet Information Services recently completed a major
engagement with Iridium LLC, deploying a wireless satellite-based messaging system and
extranet. http://www.iis.com
+ Alain Chetrit said that First Regional Telecom received its Virginia State CLEC
license and can now begin providing local telephone service.
2. WEB SOFTWARE FOR FLIGHT MANAGEMENT
(Washington, DC) SkySource, Inc. released a new version of the company's Web-based flight
tracking and airport status software tools. The tools can be accessed over the Internet by
subscribers such as flight dispatchers, commercial aircraft operators and others who
manage aviation operations. The company's flight tracking product, WebASD, is a JAVA-based
tool with weather overlays. It graphically displays real-time FAA radar position reports
and is used by airlines and aviation companies to track flights. SkySource also released a
new version of WebAirport, a tool that provides access to real-time weather and airport
information. WebAirport allows dispatchers to monitor forecasts, weather conditions,
Digital ATIS information like active runways and trends at major airports.
SkySource: http://www.skysource.net
3. BUSINESS GRAPHICS FOR NEWSPAPERS
(Richmond, VA) Media General Financial Services, Inc. (MGFS) introduced a Web-based
graphics service for use by the business pages of daily and weekly newspapers. The
Financial Sidebar service is the flagship product of MGFS's BizPage Interactive site. MGFS
is a provider of current and historical financial data on US publicly traded companies.
The Financial Sidebar graphics provide financial information on over 9,000 public
companies and 215 industries. These graphics illustrate price charts, revenue data,
earnings per share data, ratios, returns and general company information. Business editors
and writers can choose from six different graphics, depending on the content of the
feature or article they need to enhance. Financial Sidebar is available for a flat,
monthly subscription fee based on the newspaper's circulation.
BizPage Interactive: http://www.mgfsbizpage.com
Media General Financial Services: http://www.mgfs.com
4. BLACKBOARD UNVEILS EDUCATIONAL METADATA SPECS
(Washington, DC) Blackboard, Inc. released specifications for the technology that software
companies and publishers can use to label educational resources on the Internet. The
"metadata" technology makes it easier for people to find educational resources,
to individualize learning experiences and to manage the resources within an electronic
marketplace. Created on behalf of an industry standards initiative sponsored by Educom,
the Instructional Management Systems (IMS) project, the specification represents a
significant consensus on a common set of metadata for educational materials. The IMS
metadata specification is endorsed by many courseware authoring and management product
vendors. Among the companies funding Blackboard's work and endorsing the IMS
specifications are Microsoft, Sun, Apple, IBM, Unisys, Oracle, KPMG Peat Marwick,
International Thomson Publishing, DoD Training Division and many colleges and
universities. The IMS project will release specifications in four other areas over the
next two months. These include a specification for how to create interoperable content
which is described by metadata, the specification of student profile information, how to
create management systems that can use interoperable content, and external interfaces to
services such as student record systems and electronic commerce.
Blackboard: http://www.blackboard.net/home.htm
5. COMSAT LINKS SOUTH AMERICA WITH SATELLITE ATM
(Bethesda, MD) COMSAT World Systems announced that the world's first commercial
Asynchronous Transfer Mode (ATM) satellite link is up and running, extending the US
Internet backbone to several South American countries. The ATM satellite link, which has
service quality comparable to fiber, will carry Internet traffic between Puerto Rico's
Telefonica Larga Distancia (TLD) and South America. ATM connections enable companies to
transmit high-speed, high-bandwidth applications simultaneously over a single network. The
link supports applications at speeds up to 34 Mbps outbound from Puerto Rico to South
America. Traffic inbound to Puerto Rico from South America will be supported at speeds up
to 8 Mbps. ATM via Satellite is compatible with all major ATM network components.
COMSAT: http://www.comsat.com
6. PEAK RELEASES WIRELESS WAREHOUSE
(Columbia, MD) Peak Technologies released the latest version of Wireless Warehouse for
Windows NT, the company's Radio Frequency (RF)-based warehouse management system. Wireless
Warehouse offers a rules-based architecture that allows users to define their warehouse
environment and improve their methods of tracking materials from receiving through
shipping. The architecture consists of a Windows NT client/server environment that
supports high transaction levels and throughput, an Oracle7 and a Graphical User Interface
that promotes intuitive learning. In addition, the RF technology allows for inquiry
capabilities, bringing information to the hand-held terminal operated by warehouse
personnel.
Peak Technologies: http://www.peaktech.com
7. DC REGISTRY OFFERS FREE WEB SITES
(Washington, DC) Washington, DC Registry, an online guide to the DC area, is making it
easy for individuals, businesses and organizations in the region to create their own free
Web sites. No knowledge of Internet protocols is required, nor do visitors have to rent
any server space. Users can create or update their sites while visiting their local
library, public school or any other public place with Internet access. To create a site
from the Registry's main Web site, select "Free Home Pages" to fill out an
online template that automatically generates a home page with background colors and
graphics, images, sound, guest book, search engine and links to other sites.
DC Registry: http://www.dcregistry.com
8. NAVIGATE FEDERAL GOVERNMENT INFO MORE EASILY
(Columbia, MD) A 1996 Washington Post survey of federal computing activity reported 42
departments and agencies spent $490 million on 4,300 separate Web sites and 215 bulletin
boards. Federal Gateway is a new, free Web site produced by the Small Business Contract
Council, Inc. (SBCC) that consolidates all the federal agency public Internet resources at
one location, simplifying the task of acquiring federal government information. According
to SBCC, the two traditional difficulties in finding federal information are locating the
agency that has the information you need and then searching through what can be a massive
site to find your data. Federal Gateway offers an overview of the entire federal
government with a listing of key links and topic outlines of the agency queried.
Federal Gateway: http://fedgate.org
9. FOOLING AROUND WITH THE IRS
(Alexandria, VA) The Motley Fool is unveiling tax information, education and tips. Topics
like the Roth IRA, the Child Tax Credit, filling out the Schedule D form and more are
covered in the Fool's School section, hosted by resident tax expert, Roy Lewis. The Fool
is also making it easy for visitors to tell Washington how they feel about the tax laws by
using links to members of Congress, Senators, and the Joint Committee on Taxation.
The Motley Fool: http://www.fool.com
Partnerships
1. CABLE & WIRELESS AND GMU IN VIRTUAL REALITY PROJECT
(Vienna, VA) Cable & Wireless, Inc. (CWI) will work with the George Mason University
(GMU) Internet Multimedia Center (IMC) as one of four companies to participate in the
1998-99 Project Development & New Media Training Program. CWI will collaborate with
three specially chosen GMU graduate students and multimedia professionals on a virtual
reality Internet multimedia project. The project, entitled Virtual Main Street, creates an
interactive, multimedia environment using real-life scenarios to help users better
understand the business applications of telecommunications. CWI's Sales Training
Department will use Virtual Main Street to help sales personnel find tailored telecom
services to fit their customers.
Cable & Wireless: http://www.cwi.net
GMU: http://www.gmu.edu
2. MEDIA EXCHANGE ADDS UPI CONTENT
(Washington, DC) Media Exchange International (MEI) will add United Press International
(UPI) to its list of content providers. UPI will provide its news, photos, audio and video
to the MEI service, making them available for the first time on a pay-per-use basis rather
than exclusively to subscribers. Headquartered in Washington, DC, UPI produces national
and international news and features for broadcast, print media and electronic content
providers. MEI is an independent online marketplace for professional quality video, audio,
photos, graphics and data. Delivery of broadband products is available via the Internet,
traditional satellite pathways and terrestrial links.
MEI: http://www.mediaexchange.com
UPI: http://www.upi.com/homepage.html
3. HUGHES TO INSTALL DIRECPC KIOSKS
(Germantown, MD) Next time your flight gets delayed, look for the new airport Satellite
Surfer Internet/TV kiosk from Hughes Network Systems (HNS) where you'll be able to watch
digital satellite television, surf the Web and send email. HNS will launch Satellite
Surfer in the next few months using the company's DirecDuo satellite hardware platform to
provide the services. Dallas-based Vetec Visitronics developed the user interface for the
Satellite Surfer and handles manufacturing of the kiosks. Denver-based Net Works
Communications is spearheading the sales and marketing programs for this combined effort.
Hughes Network Systems: http://www.hns.com
4. MICROSTATE AND RISK SCIENCE TACKLE THE INSURANCE INDUSTRY
(Fairfax, VA) The Microstate Corporation and Risk Science, Inc. (RSI) announced a
strategic partnership to deliver custom Internet solutions to the insurance industry. The
agreement will enable RSI to offer its customers state-of-the-art Web technologies as
another tool to achieve their environmental risk management goals. Risk Science uses
traditional and non-traditional risk management techniques and tools in identifying,
evaluating, controlling and monitoring environmental exposures and risks that directly
affect a company's profitability. Microstate provides integrated network solutions to the
insurance and financial management industries using its Java-based Hamilton technology.
Microstate: http://microstate.com
5. BRC AND ENTREPRENEUR MAGAZINE HELP WITH FRANCHISES
(Rockville, MD) Jumpstarting a business by buying a franchise can be easier than starting
one from scratch. The Business Resource Center (BRC) site, managed by Khera
Communications, Inc., now offers connections into Entrepreneur Magazine's Franchise 500
database so aspiring entrepreneurs can research franchise companies before investing their
money. The database includes an in-depth snapshot of franchise opportunities, including
typical start-up costs, franchise fees, royalties and contact information. The
information, and the other resources on the BRC site, can help visitors focus their search
for the right opportunity.
Business Resource Center: http://www.morebusiness.com
6. NASCENT AND QUALCOMM SHOW MOBILE EMAIL ACCESS
(Reston, VA) Nascent Technologies, Inc. announced that Atlanta, GA-based Qualcomm, a
provider of wireless CDMA technology and maker of the Eudora email product, demonstrated
Nascent's Mailspinner technology under the name Qualcomm Mobile Network at CTIA '98, the
wireless industry's leading trade show. Nascent's Mailspinner technology provides access
via a Web browser to open-standards email accounts. Qualcomm's newest CDMA digital phones
are pre-equipped with a mini-Web browser.
Nascent: http://www.nascent.com
Qualcomm: http://www.qualcomm.com
7. e-NET TO MARKET IN EUROPE WITH COMTEL
(Germantown, MD) e-Net, Inc. has entered an agreement with ComTel Electronic Systems GmbH,
a Hanover, Germany-based provider of data and telecommunications services and equipment,
for the distribution of e-Net's portfolio of data telephony products to customers in
Germany and other parts of Europe. The agreement represents e-Net's formal entry into the
European Voice-over-Internet Protocol (VOIP) marketplace. e-Net, Inc. develops
applications software and associated hardware for telephone communications, information
exchange and network optimization.
e-Net: http://www.datatelephony.com
Funding & Finance News
1. $1.8 BILLION WENT TO INTERNET FIRMS IN 1997
At the request of Mecklermedia's Internet.com, Price Waterhouse broke out its numbers on
US Internet venture capital for the past three years and presented the results at Spring
Internet World. Scott Harmon, Senior Investment Analyst at Internet.com writes about the
numbers which show that 422 deals generated $ 1.88 billion for Net companies in 1997.
That's 61% more deals and 103% more dollars than in 1996. By sector within the Internet
space, 1997 saw $773 million go to software firms (up 113%), $518 million to services
firms (up 79%), $485 to infrastructure and access (up 125%) and $144 million to content
companies (up 89%). According to Harmon, "Many of the deals fell under the $5 million
mark, but our own analysis of Price Waterhouse's survey results indicates that the top 10
deals in dollar value accounted for 15% of all deal dollars." Those top 10 deals
totaled `$284 million and ranged from Juniper Networks' $50 million to Exodus
Communications' $21 million.
Scott Harmon's Internet.com article:
http://www.internetnews.com/stocks/column/9803/980317.html
Price Waterhouse: http://www.pw.com
Netpreneurs Recognized
1. WEBMETHODS VOTED MOST INFLUENTIAL
(Fairfax, VA) webMethods, Inc. was selected as "the most influential company" by
attendees at The Red Herring's 1998 Venture Market South Conference, held last week in
Atlanta. webMethods supplies software products that enable XML-based business-to-business
e-commerce. Arthur Andersen, headline sponsor of Venture Market South, polled 400
attendees at the second annual conference, and webMethods was selected from among 40
presenting companies. "We chose webMethods to present at Venture Market South because
they have a crisp and clear vision of how businesses can really use XML for
e-commerce," said John Mecklenberg, program director for Venture Market South.
webMethods has also been invited by The Red Herring to present at Herring On The
Enterprise, to be held in San Francisco, April 6 and 7. Phillip Merrick, webMethods'
President and CEO, will speak on the implications of XML for business-to-business
e-commerce.
webMethods: http://www.webMethods.com
The Red Herring: http://herring.com
Regional News
1. CALL FOR NOMINATIONS: ONLINE NEWSPAPER AWARDS
(Vienna, VA) The Newspaper Association of America (NAA) New Media Federation requests
nominations for the 1998 Digital Edge Awards. The "Edgies" recognize outstanding
newspaper Web sites and new media personnel in eight categories. The deadline for entries
is April 15, except for the New Media Pioneer category which is March 30. The awards will
be announced at Connections'98, June 18-21, in Orlando, FL. Nominations for the awards are
accepted in the following categories: New Media Pioneer, Best Online Newspaper, Best
Interactive Feature, Public Service, Classified Use of New Media, Advertising, Best
Marketing of an Internet Product and Outstanding Achievement. More info and entry
requirements are at the NAA's Web site. The New Media Federation was established to help
newspapers understand and take advantage of the opportunities provided by emerging
electronic technologies.
NAA: http://www.naa.org/edge
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